IDEO Brings Design Thinking To Fuqua

IDEO — the company that created the first mouse for Apple back in 1980 — has such high-profile clients as Samsung and Sony, and offices in Shanghai, Singapore and Tokyo.

IDEO

Aycan, left, and Misono, right, of IDEO talk to Christine Moorman’s Marketing Strategy Class

They are considered by some to be THE go-to company for creative design thinking.

They recently came to Duke University’s Fuqua School of Business to address professor Christine Moorman’s Marketing Strategy Class.

Read more

IMG_1672

Students in Christine Moorman’s Marketing Strategy Class work on their project during the IDEO session.

What is Bitcoin?

The controversial cryptocurrency bitcoin is starting to gain wider acceptance in some parts of the international economy, but it has faced many setbacks and challenges in Asia.

In 2013, the Chinese government banned financial companies from dealing in bitcoin transactions. Recently, the People’s Bank of China announced it is temporarily banning Quick Response (QR) code scans for mobile bitcoin payment.

Meanwhile, the biggest blow to bitcoin happened in Japan when Mt. Gox, one of the largest Bitcoin exchanges, collapsed, threatening the bitcoin collections of many investors.

The failure led some skeptics to question the viability of the cryptocurrency.

Duke University Fuqua School of Business professor Campbell Harvey discusses the basics of how the currency works, security concerns, and the future of bitcoin in the following video series.

WATCH PROFESSOR CAMPBELL HARVEY EXPLAIN BITCOIN

WATCH PROFESSOR CAMPBELL HARVEY TALK ABOUT BITCOIN SECURITY

WATCH PROFESSOR CAMPBELL HARVEY ON THE FUTURE OF BITCOIN

CFO Survey: CFOs Fear Impact of China Housing Bubble

Bubble with reflection of houses in it

Asian chief financial officers fear the impact of a housing bubble, and they’re worried it will hit the breaking point this year.

That is just one of the findings of the latest Duke/CFO Magazine Global Business Outlook Survey, which polled CFOs from around the world, including Asia (with the exception of Japan).

About 70 percent of CFOs in Asia believe there is a real estate bubble in their country and the same number say a deflated real estate market would pose a medium or significant problem to the country’s economy.

Fuqua Professor Campbell R. Harvey, founding director of the survey, said the ramifications, if the CFOs are right, could be severe, particularly in China.

“If the real estate bubble were to burst in the world’s second largest economy – China – the reverberations across the globe would be massive,” Harvey said. “The risks in Latin America are also large. Brazil’s economy has stalled, which increases the likelihood that the bubble might burst. While Peru’s economic growth has remained strong, it is worrisome that even there, a bubble poses a threat.” (more…)

新春问候

马逢伯乐驰千里,鹏过高天展万程。

值此马年新春佳节来临之际,杜克大学商学院东亚地区团队向各位校友、朋友、同仁致以最诚挚的新年问候。

感谢大家一直以来对我们工作的支持,祝愿大家新春快乐,身体健康,阖家幸福,马到成功!

Chinese New Year Greeting

在面试中做自己

Jason Yan

 

我是Jason Yan, Duke Daytime MBA二年级学生,担任China Admissions Ambassador。

2014年悄然而至。年份一年一年的刷新,当你发觉以前科幻小说里才用到的年份不断走进日历的时候,就说明你是大人了。读商学院听上去就像是大人才会做的事,但即使在最好的商学院里,也有人不再拥有梦想与想象力。为我这段听上去缺乏逻辑的开篇加一个总结,就是读商学院应该是梦想的开始,而不是梦想的结束。下面转入正题。在这杜克大学第二轮MBA申请截止之际,和大家分享一些关于招生面试的建议。

第一,做自己。具体说来,就是表现真实的自我,放松,放自然,用聊天的方式与面试官沟通。申请商学院最重要的是合适。让面试官了解真实的你,彼此坦诚、透明的沟通既能够从内容上有助于面试官判断你和学校是不是彼此合适、同时也能从沟通的诚意与自信上打动面试官。

第二、讲话的逻辑。商学院招生面试毕竟不是朋友间聊天!面试时间有限、面试官与面试者背景差异较大、面试者自身的语言表达能力等等原因都可能导致面试过程不畅。基于此,我建议在自然、聊天式沟通的基础之上,回答问题要有逻辑,具体包括:一、确认你第一句话回答了问题。譬如“是”或“否”,“是什么”,“为什么”等等。而不是回答一开始就掉入了冗长的背景介绍或者细节描述之中。二、在段首段尾用引导词体现结构。譬如“我选择上一份工作是因为……,具体说来有三个原因,第一点……,第二点……,第三点……”或者“我的工作内容是……;工作的困难在于……;我学到了……”。

第三,熟悉你的材料。面试最大的目的是让面试官了解你。需要了解的内容其实大多都已经包括在essays和简历里。为了面试时有效沟通、流畅对话,面试者应当非常熟悉自己的essays和简历。对其中的细节、数字的使用能够做到言之有理、言之有据,以避免对自己的材料不甚熟悉、回答问题不畅而可能带来的误会。

商学院是风景,而不是终点站。有时候申请的过程更激动人心,而不是结果。但是,可以去更在意过程而不是结果的前提是各位已充分努力,没有遗憾。于是,请各位三问自己,对于这个面试我还有什么能准备的。务必不留遗憾,无悔于你的付出、你的牺牲、你的青春。

各位朋友好运!

分享一些我的“random things”:

  1. I was born in Shaanxi Province, China. My grandparents are from Henan province and grandparents-in-law are from Sichuan province. So for all intents and purposes I am mixed-blood!
  2.  The capital city of Shaanxi is Xi’an. I am actually from Xianyang, a smaller city, one hour’s drive from Xi’an. Though it is much easier to tell others I am from “Xi’an”, I hate to do so. I honor my Xianyang roots as Xianyang was the capital city of the Qin Dynasty, the first national empire in China; an empire that matched that of the Romans in influence.
  3. I decided to apply to a “sports” university after my completing my undergraduate studies. . People warned me I was crazy to switch from a top school to one not even ranked. Later on, I got a job at the NBA. Needless to say, the naysayers ceased to bother me.
  4. The best decision I made during university was to work as a part-time librarian for two years. The Library is like a kingdom of a vast amount of diverse knowledge; as the librarian, you are the king!
  5. An important dream of mine used to be to become a science fiction writer, like Asimov, ideally.
  6. I envy Elon Musk more than I envy Mark Zuckerberg. They both are superrich; however, Elon Musk is close to making the first manned-space flight to mars a reality!