caption VIPKID Founder and CEO Cindy Mi speaks onstage during TechCrunch Disrupt SF 2017 at Pier 48 on September 20, 2017 in San Francisco, California. source Photo by Steve Jennings/Getty Images for TechCrunch The Chinese education startup VIPKid, which connects fluent English-speaking teachers with Chinese students, raised $500 million in April for a valuation of over $3 billion. The company is led by its 35-year-old high-school dropout founder, Cindy Mi, who believes the company can help bridge cultural gaps between China, the US, and elsewhere while making high-quality education accessible and increasing interactions between people of different cultures. The company faces stiff competition but has thus far succeeded in large part because of its fervent community of more than 38,000 teachers, who generally seem enthusiastic about both the mission and the opportunity for supplemental income. At the same time, some teachers of color have reported … [Read more...] about A 35-year-old who dropped out of high school had a vision of a utopian future for China, the US, and the world — and it’s led her to the forefront of a tech startup worth $3 billion
Online mba 1 year
Most with a grasp of business history know the rudiments of the Kodak story: a titan company, employing 160,000 people at its peak, and an integral part of the Dow Jones Industrial Average. Kodak, as late as 1976, dominated the film and camera business, with a staggering 85-percent share of camera sales. They invented digital photography technology, even set up a separate division to drive it, but decided in the 1990s not to pursue it because there was no way to monetize it, and hoped it “went away.” In a nutshell, Kodak failed to change when the world changed around them. In a strategic blunder of historic proportions, Kodak clung desperately to the film and photo-paper business model. By 2012 they declared bankruptcy, and what’s left is now a mere shell of its former self. How many people do you know who own a Kodak camera today? From 85-percent share to nothing in just three decades! It would be almost unfathomable if it weren’t fact. The world changes, and … [Read more...] about Are century-old business giants the next Kodak?
The new world of political risk Political Risk: How Businesses and Organizations Can Anticipate Global Insecurity by Condoleezza Rice and Amy B. Zegart (published by Hatchette Book Group 2018) is a must read book for businessmen, political leaders, and any person interested in understanding the new world of geopolitics, rise of populist leaders and the consequences of political actions on the world economy and everyday lives of people. According to the book’s authors: “Twenty-first century political risk is the probability that a political action could significantly affect a company’s business... Political risk was once just about the actions of governments such as dictators seizing assets or legislators regulating industries. Today governments are still the main arbiters of the business environment, but they are no longer the only important ones. Instead, anyone armed with a cell phone or a Twitter or Facebook account can … [Read more...] about The new world of political risk
WAWASAN Open University (WOU) aims to be relevant to its students and has a proven record of providing affordable quality education to some 20,000 students nationwide. The Commonwealth Executive MBA (CeMBA) degree from WOU is one of the popular study options sought by working professionals, out of the more than 50 undergraduate and postgraduate programmes offered by the university. The CeMBA programme has consistently enriched its part-time learners and enabled them to apply practical principles to their workplace and achieve success in their careers, at less than RM25,000 and a minimum two years of study at WOU. And now, students pursuing CeMBA have the choice between participating in face-to-face monthly tutorials or fully online tutorial sessions if they are in remote areas or face hectic schedules, enabling them to always stay connected to their studies at any given time. Wee Kian Lee, regional sales manager of Danawa Services from Sibu, Sarawak, chose to pursue WOU's MBA programme … [Read more...] about Get connected
Kunakornwong knows a thing or two about how self-knowledge can lead to success and happiness. The architect turned property developer had already drafted a life plan by Mathayom 2-3 (grades 8-9). When he finished Mathayom 6, every university entrance exam was sat with one design in mind: to realise his passion for residential construction. “I’ve always known myself. When I was an architect, I knew that it wasn’t right for me because I perhaps wasn’t the best at design. But I knew I loved property development,” says Mr Nuttaphong, chief executive of SET-listed developer SC Asset Corporation Plc.After graduating from the Faculty of Architecture at Chulalongkorn University, he spent a year as an architect, a dream career for many young men. Then he went abroad to earn an MBA.When he finished his studies in the US, it became clear to him that real estate was his true passion.“If anyone asks what I want to do, it’s what I’m doing today,” … [Read more...] about Nuttaphong The secret to building a good life