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June 2009
HKU wins the 2nd McKinsey/HSBC Business Case Competition
The 2nd McKinsey/HSBC Business Case Competition, organised by The University of Hong Kong Asia Case Research Centre (ACRC), was held on 1 June 2009 at The University of Hong Kong with tremendous success.
After three rounds of competition, the team from The University of Hong Kong won the championship. The First Runner-up was the team from Hong Kong Baptist University.
The cases used at the competition were unpublished business cases developed by a team of professional researchers at the ACRC; and were strategy and general management cases dealing some of the most relevant topics in today's business environment including: entrepreneurship, innovation, corporate sustainability and cultural diversity.
Participating teams competed one-on-one for the championship with the winning team moving onto the next round. Each team was given two hours to analyse a business strategy case after which they were given 20 minutes to present the case in front of a jury composed of Hong Kong business elites. Presentations were followed by a Q&A session in which the judging panel grilled the participants on the proposed strategies, solutions and implementation.
Members of the winning team were offered summer internships at McKinsey & Company and The Hongkong and Shanghai Banking Corporation Ltd and awarded with a cash price of HK$20,000; members of the first runner-up team were awarded with a cash price of HK$10,000.
Please visit http://www.acrc.org.hk/casecompetition, for further information.
May 2009
ACRC Supporting organisation of the HKTDC Entrepreneur and Continuing Education Day
The ACRC is a supporting organisation of the first Entrepreneur and Continuing Education Day. Organised by the Hong Kong Trade Development Council, the event aims to stimulate the creation of wealth and knowledge through entrepeneurship and education.
The event will be held on 30 May 2009 from 10AM to 6PM at the Hong Kong Convention and Exhibition Centre (Hall 1E)
Please visit us at Booth ED-36. We look forward to welcoming you.
February 2009
The Asia Case Research Centre presents The 2nd McKinsey/HSBC Business Case Competition
Following last year's tremendous success, this year's competition will be held on 1 June 2009 at The University of Hong Kong.
The aim is to bring together students from different universities, and give them the opportunity to stretch and apply their quantitative,
qualitative and communication skills. Teams will compete one-on-one for the championship during this day-long event presided by senior managers
and executives from Hong Kong's business community. Members of the champion team will be offered internships at McKinsey & Company or the
Hongkong and Shanghai Banking Corporation Limited.
Please visit http://www.acrc.org.hk/casecompetition, for further information.
November 2008
FocusAsia Business Leader series will be broadcast by ATV News and Business Channel (Digital channel 12)
Following the successful airing of the FocusAsia Business Leader Series on ATV World, ATV has decided to air the series on their News and Business Channel. Starting Saturday 6 Dec. at 02:00pm (HKT) the FocusAsia Business Leader series will be broadcast twice a day on ATV's News and Business Channel (Digital channel 12). This reinforced broadcast of the FocusAsia Business Leader series reflects its exemplary standard of production.
Jointly developed by the FBE's Asia Case Research Centre and HKU's Journalism and Media Studies Centre, the series features some of the most successful companies in Asia. Viewers are given an insider's look at how Asian executives manage their enterprises, motivate people and establish global brands through innovation and creative design.
Schedules for the ATV News and Business Channel (Digital channel 12) broadcast are available here.
October 2008
FocusAsia Business Leader series will be broadcast by ATV World and BBC World News
Starting Thursday 9 October at 20:00pm (HKT) the FocusAsia Business Leader series will be broadcast by ATV World. Jointly developed by the FBE's Asia Case Research Centre and HKU's Journalism and Media Studies Centre, the series features some of the most successful companies in Asia. Viewers are given an insider's look at how Asian executives manage their enterprises, motivate people and establish global brands through innovation and creative design.
In July and August BBC World News broadcast six episodes of the FocusAsia Business Leader series globally. This marked the first time a university production was broadcast by BBC World. Following the success of this initial broadcast, the BBC has decided to broadcast another series of six episodes starting Friday 10 October.
The reinforced broadcast of the FocusAsia Business Leader series reflects its exemplary standard of production.
Schedules for the ATV and the BBC World News broadcast are available here.
August 2008
ACRC Publishes Research Paper on Creative Economy in Partnership with Hong Kong Design Centre
ACRC has published a 50-page research paper titled From Creative Industries to Creative Economy: The Role of Education, exploring how the Hong Kong education system impacts Creativity and Innovation in the city's population. References are made to national success of Spain, Finland and South Korea through economic and educational perspectives. Produced in collaboration with the Hong Kong Design Centre, the paper contains an extensive research into the global creative and innovative scene to pinpoint Hong Kong's positioning, as well as a transcript of a forum of the same title participated by stakeholders representing various sectors of the community.
Ms. Ada Wong, supervisor of the Hong Kong Institute of Contemporary Culture at the Lee Shau Kee School of Creativity, commented that "the paper itself is very creative in that it originated from a business school". She added that "the new 3-3-4 system offers a unique opportunity for Hong Kong to rectify the wrongs of rote learning and mindless pursuit of paper qualifications" associated with Hong Kong's education system.
The paper can be downloaded from ACRC's website.
June 2008
HKU Business School Partners with Top-ranked Universities from London and New York
First-of-its-kind Executive MBA Programme to be held in New York, London and Hong Kong
The University of Hong Kong (HKU) has partnered with top-ranked universities from London and New York to launch the first and only Executive MBA programme worldwide which provides access to study in the three connected cities that drive the global economy.
Click here for more information.
June 2008
University Produced TV series airs on BBC WORLD NEWS
Focus Asia Business Leaders produced by The University of Hong Kong's Journalism and Media Studies Centre and the School of Business's Asia Case Research Centre, will air globally on BBC WORLD NEWS from Friday July 11, 2008.
The half-hour episodes will profile the work of business executives in the greater China area. Those profiled include Mr Liu Changle of Phoenix Satellite Television, Mr Tong Zhicheng of Guangzhou's Pearl River Piano Group, Ms Viveca Chan of WE Worldwide Partners, Sir C.K. Chow of MTR Corporation Ltd, Mr Lawrence Fung of the Hong Kong Economic Times Group, and Mr Vincent Lo of Shui On Group. The profiles are accompanied by studio analysis provided by experts from industry and from the faculty of The University of Hong Kong.
The broadcast of Business Leaders is the first time any university in Hong Kong has produced a television series to be aired on a major international broadcaster.
Narendhra Morar, BBC World News Commissioning Editor, welcomed the series: "We are delighted to be collaborating with The University of Hong Kong in producing Focus: Asia Business Leaders.
Business is a core part of BBC World News's programming and this series provides audiences with a unique insight into the lives of some of Asia's top business leaders" he added.
Professor Ali Farhoomand of the Asia Case Research Centre who supervised the research for the series noted that this series shows how China is emerging as a powerful force in transforming and shaping today's global business landscape.
Professor Chan Yuen Ying of the University's Journalism and Media Studies Centre, commenting on the broadcasts, said, "I am gratified for this opportunity for our production team to tell China's story to the world via the BBC."
Click here for more information.
June 2008
HKU wins the inaugural McKinsey/HSBC Business Case Competition
The day-long competition was open to full-time undergraduate students from Hong Kong. A total of eight universities participated with each participating team comprising of four students with a faculty member acting as a coach.
The competition was a huge success with students impressing judges with their ability to solve complicated business challenges. In the final match of the day the team from the University of Hong Kong faced the team from the Chinese University of Hong Kong for the Championship. The team from the University of Hong Kong prevailed to win highly coveted internships at McKinsey & Company and the Hongkong Shanghai Banking Corporation.
I am impressed with the effort, creativity, presentation and ideas of the students. The business cases are unconventional and require critical and analytical thinking. This competition is a platform to exchange ideas and business intelligence among students and faculty. I see a great success in today's competition and would like to organize the upcoming competitions regionally.
- Professor Ali Farhoomand, founder and director of ACRC
Click here for more information.
December 2007
ACRC Case Nominee for Best Paper Award, ICIS 2007
The case Does IT pay off? Strategies of Two Banking Giants by Professor Ali Farhoomand
and Dr. Minyi Huang was nominated for the best paper award at the International Conference on Information Systems 2007.
November 2007
HKU Ranked 18th in the World
The University of Hong Kong has been ranked 18th amongst the world's top universities for 2007 by the the Times Higher Education Supplement. This ranking puts us at the top of all the universities in China and Hong Kong, and makes us the 2nd highest ranked university in Asia.
November 2007
FocusAsia Series Featured in Knowledge Transfer Symposium
On 12 November the University Grants Committee hosted the symposium "Knowledge Transfer in a Knowledge Based Economy".
The symposium aimed to raise Hong Kong's awareness of knowledge transfer as well as to invigorate both the higher
education and business sectors to deepen their interaction. The ACRC was honoured
that its FocusAsia series was one of two examples of successful knowledge transfer submitted by the University of Hong Kong.
November 2007
ACRC Becomes Supporting Organisation of Business Design Week 2007
ACRC is proud to announce we are a supporting organisation of Business Of Design Week 2007 (BODW),
Asia's leading design event for innovation, design and brand, attracting more than 40,000 participants and over 100
of the world's most iconic design masters to Hong Kong.
Please click here for more information on BODW which will be held from 10 December till 15 December at the Hong Kong Convention and Exhibition Centre.
You can register for the event by clicking
here.
October 2007
Cases on International Business and Finance in Japanese Corporations is Published
Cases on International Business and Finance in Japanese
Corporations (2007) is a result of the ACRC collaboration with Professor
Mitsuru Misawa of the University of Hawaii. As one of very few casebooks written
in English on Japanese corporations, this volume offers valuable insights into
Japan's unique business culture and is essential reading for both executives and
students. The companies studied in this volume include:
* Tokyo Disneyland
* DisneySea Park
* Daiwa Bank
* Fuji Television Network Inc.
* Livedoor Co.
* Nippon Broadcasting System Inc.
* Nireco Corporation
* Ina Food Industry
* OSG Corporation
* Bank of Japan
The book was published by HKU Press and can be ordered
here.
October 2007
The International Community of Case Publishers (ICCP-2007)
The ACRC attended the third annual meeting of the International Community of Case Publishers (ICCP) which was hosted by IMD Business School in Lausanne, Switzerland on 1-2 October 2007.
September 2007
HKU MBA Continues its Rise in the EIU World MBA Rankings
The MBA programme of the Faculty of Business and
Economics of The University of Hong Kong (HKU) continues its five-year upward
trajectory in the 2007 world MBA rankings of the Economist Intelligence Unit (EIU),
an affiliate of Economist. In EIU's 2007 rankings, HKU MBA is ranked 37th among
the world's top 100, up from 39th last year. It is the only programme in Asia
and Australasia that makes the world's top 50 three years in a row.
Despite its relatively young full-time MBA programme, the Faculty of Business
and Economics has made some impressive marks in world rankings. When it first
entered the EIU rankings in 2003, it was ranked 79th globally. In 2004, it
climbed to 68th .
In 2005, it was ranked 45th and became the highest ranked school in Asia and
Australasia. Considered to be a rare feat by an Asian school, the HKU MBA was
recognized as one of the world's top 40 in 2006. This year's climb further
reinforces the rising and consistent performance of the HKU MBA in prestigious
global rankings.
September 2007
ACRC Case Used in Ethics - The Core Value of Leadership Forum 2007
On 17 September 2007, the Ethics Development Centre of the HKSAR Investigative Commission Against Corruption (ICAC) held the Ethics- The Core Value of Leadership Director's Forum 2007. The aim of the forum was to educate directors of companies listed on the Hong Kong Exchange on ethics and corporate governance. Attended by around 220 directors, the seminar was centred around the Manfold case written by the ACRC.
October 2006
The International Community of Case Publishers (ICCP-2006)
The ACRC was invited to attend the second annual meeting of the International Community of Case Publishers (ICCP) which was organised by Harvard Business Publishing and hosted by Paris Chamber of Commerce, Oct. 5-6, 2006.
April 2006
ACRC announces the establishment of an Advisory Board consisting of distinguished business leaders and faculty.
The Advisory Board provides direction on the future development of ACRC; fosters cooperation between ACRC and the business community; and oversees issues related to governance and social responsibility.
April 2006
Louis Vuitton Moet Hennessy: Expanding Brand Dominance in Asia, was selected for the 11th annual Roland Berger Case Competition
ACRC's case, Louis Vuitton Moet Hennessy: Expanding Brand Dominance in Asia, was selected for the 11th annual Roland Berger Case Competition held on April 7, 2006 at the IESE Business School of the University of Navarra. The top business schools invited to participate in this case competition were:
- Rotterdam School of Management
- Chicago Graduate School of Business
- IESE Business School
- Wharton
- MIT
- INSEAD
- London Business School
- SDA Bocconi
Teams of four students were tested on their analytical and strategic decision-making skills. After three days, the teams presented their analysis and solution to the case before a panel of judges. London Business School came up trumps this year. Congratulations!
March 2006
Change Management of Chinese State Owned Enterprises
A talk by Dr. Marcus R. Schutz
Director of Strategic Planning and Change Management, Shanghai Volkswagen
Organised by the Asia Case Research Centre
Wednesday 29th March 3pm
Theatre T6, Meng Wah Complex
The reform process of China's state owned enterprises has accelerated in recent years, affecting enterprises in almost all industries. Dr. Schutz will offer insights on the strengths and weaknesses of Chinese SOEs and present an overview of the measures necessary to increase their competitiveness. The presentation will draw parallels to the situation of the now-defunct German camera industry. Dr. Schutz will also discuss practical measures to improve performance by a turnaround or change management program.
The presentation will include the screening of two short videos.
******
Dr. Marcus R. Schutz is the Director of Strategic Planning and Change Management at Shanghai Volkswagen, the first Sino-foreign passenger car joint venture in China.
He holds a PhD in Natural Geosciences from Essen University and was formerly with The Boston Consulting Group.
To register, please contact Ms. Carina Lam.
Tel: 2857 8355
Email: clam@acrc.org.hk
January 2005
The CABC is now the Asia Case Research Centre (ACRC)
Since 1997, our mission has been to offer business cases written in the Asian context and in the course of our brief history, we have produced over 200 case studies spanning the full spectrum of business disciplines.
Our cases have covered a broad range of industries in regional settings that include Mainland China , Hong Kong , Australia , New Zealand , Malaysia , Singapore , Taiwan , Thailand , Korea and Japan .
The past seven years of case development have been most interesting, with several milestones to reflect upon. We began operations at the dawn of the Asian financial crisis and bore witness early on to the tumult of Asia 's dot-com boom and bust. The new millennium brought a steady flow of developments and rapid changes to the business and economic landscapes of the region. China 's WTO accession, the effects of 9/11, the SARS outbreak of 2003 (which shut down our offices for 10 days), and the evolving role of China 's private sector have served as some of the major backdrops to our work. Through it all, we have endeavoured to develop cases that reflect the changes around us and to disseminate timely, relevant and insightful research.
When we started operations seven years ago, our mandate was to develop a body of case studies to address the shortage of Asian business learning materials developed from within the region. The Faculty of Business and Economics at The University of Hong Kong saw this as a core component of its mission to deliver quality education through rich and relevant content and also as an important means of strengthening ties with the business community.
In a short period of time, we have progressed significantly along the learning curve and are proud of our growing list of achievements, which include receiving the 2004 Society for Information Management (SIM) Paper award and having several of our cases selected for international case competitions. Today we are one of the world's major producers of business cases and have built a solid foundation from which to expand.
Having said this, we have undergone a gradual shift over the past two years and have moved towards a new dimension of research oriented case series. Though we have been successful under the CABC name, we believe this is an important point in the growth and life of our organisation and have made the decision to part with our birth name.
As the Asia Case Research Centre (ACRC), our focus will be on addressing emergent research issues which face the academic community and developing cases that offer valuable insights into the latest issues, trends and business practices in the region.
Many of our new cases will emphasize cross-cultural, multi-disciplinary and cross-industry scenarios. Our aim is to move towards developing case studies in a series of multi-disciplinary frameworks, each framework comprising a network of research issues. This we believe will offer more rigorous exposure to Asian business environments and scholarship that fosters innovative perspectives on topics of importance.
We invite you to register on our website (where educators can download free samples of our cases) and hope that you will continue to find our publications useful.
January 2004
Once again, ACRC Case Study is selected for the 23rd Concordia MBA International Case Competition (John Molson MBA-ICC)
ACRC case study is selected for the 23rd Concordia MBA International Case Competition (John Molson MBA-ICC). The competition was held between January 5th and 10th, 2004 in Montreal, Canada. The selected case is:
The John Molson MBA-ICC attracts teams from 30 business schools from mainly North America, but also from Europe and the rest of the world. Details of this prestigious annual case competition may be found at http://www.mbacasecomp.com/english/index.html.
September 2002
Trade and Industry Department awards ACRC a HK$1,525,000
grant to develop SME case studies
The Trade and Industry Department's SME Development Fund has been awarded to the
Asia Case Research Centre for the development of the Trade & Industry
Department SME Case Series.
A project team, headed by Dr Ali Farhoomand and made up of eight faculty members
and three industry advisors, will develop a series of business case studies specifically
aimed to help SMEs identify the challenges and opportunities they face in today's
business environment and how these may be overcome or taken advantage of. A series
of best practice case studies will be produced and made available to SMEs, business
associations and business students of tertiary and vocational education establishments.
They will provoke SMEs to pursue new approaches to doing business and identify
means by which they could increase their competitiveness on the national and global
stage.
The project will leverage the strengths and expertise of the case development
and research team at the University of Hong Kong Asia Case Research Centre. For further information about the Fund, go to http://www.smefund.tid.gov.hk/
January 2002
Four ACRC case studies are selected for the 21st Concordia MBA International Case Competition (John Molson MBA-ICC) to be held from January 7 to 12, 2002 in Montreal, Canad
Four ACRC case studies are selected for the 21st Concordia MBA International Case Competition (John Molson MBA-ICC) to be held from January 7 to 12, 2002 in Montreal, Canada. These are:
- Japan Net Bank: Japan's first internet-only bank
- Singapore telecommunications Limited: the bid for cable & wireless HKT Limited
- Pacific Century Cyberworks Limited: the bid for cable & wireless HKT Limited
- The divesture of cable & wireless HKT Limited
The John Molson MBA-ICC attracts teams from 30 business schools from mainly North America, but also from Europe and the rest of the world. Details of this prestigious annual case competition may be found at http://www.mbacasecomp.com/english/index.html.
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