GEMBA Class XI Encounter Business Executives in Singapore and Vietnam

From 17 to 21 August, the USC-SJTU Global EMBA (GEMBA) Class XI had a value-packed, week-long visit to Singapore and Vietnam, a component of the GEMBA program we call Global Front-Line Perspectives. The highly-ranked Marshall School of Business Executive MBA has conducted its Global EMBA class in China since 2003, in partnership with Shanghai Jiao Tong University. GEMBA is a 20 month program divided into ten “themes” that showcase the interrelatedness of business functions to develop well-rounded executives. Theme 7, Global Front-Line Perspectives, emphasizes key international finance, marketing, macroeconomic, and social/policy forces that create business opportunities and threats in Southeast Asia and beyond.

GEMBA Class XI engaged with thirteen enterprises in Singapore and Saigon. The C-suite leaders we interacted with included George Tanasijevich, President and Chief Executive Officer, Marina Bay Sands Pte Ltd; Henry B. Nguyen, Managing General Partner of IDGVentures Vietnam; Nguyen Van Hieu, Strategy Manager of CJ CGVVietnam; Christopher Samuel, Director – Corporate Engagement, Monsanto Asia-Pacific; Richard Harshman, Head of ASEAN, Amazon Web Services; Simon Kahn, Chief Marketing Officer – Asia Pacific, Google; and Yosuke Masuko, Owner of Pizza 4Ps.

The trip started with the visit to Marina Bay Sands and discussion with Tanasijevich, who shared the global strategy of Marina Bay Sands for sustainable growth. We also toured the marquee property in Singapore.

On the final day, the GEMBA XI students had a lively discussion with Henry B. Nguyen, a Young Global Leader of the World Economic Forum and an Asia 21 Fellow of the Asia Society. He recently was bestowed an additional honor by the Asia Society in Southern California as being an “Asian Game Changer,” for his leadership in bridging cultures through policy, business, arts, and education issues. B. Nguyen related how he had changed his career path from medical professional to PE investor. He also shared perspectives on how to grasp the right opportunity and the challenges and risks to consider for foreign investors and global leaders.

First-hand interaction with C-suite business leaders brought lots of practical insights to the GEMBA XI students. And we affirmed that Saigon has a lot in common with the Shanghai of the early to mid 1990s.

GEMBA XI students interacting with Mr. George Tanasijevich, President and Chief Executive Officer, Marina Bay Sands Pte Ltd, Managing Director – Global Development, Las Vegas Sands Corp.

GEMBA XI students interacting with Mr. George Tanasijevich, President and Chief Executive Officer, Marina Bay Sands Pte Ltd, Managing Director – Global Development, Las Vegas Sands Corp.

GEMBA XI students visited one of plants in new industrial area in HCMC, Vietnam.

GEMBA XI students visited one of plants in new industrial area in HCMC, Vietnam.

GEMBA XI students interacting with GEMBA faculty and local business leaders in Mapletree.

GEMBA XI students interacting with GEMBA faculty and local business leaders in Mapletree.

GEMBA XI group photo in CGV.

GEMBA XI group photo in CGV.

GEMBA XI group photo in Microsoft.

GEMBA XI group photo in Microsoft.

GEMBA XI group photo in Google.

GEMBA XI group photo in Google.

GEMBA XI students group photo with alum on the rooftop of Marina Bay Sands, Singapore.

GEMBA XI students group photo with alum on the rooftop of Marina Bay Sands, Singapore.

GEMBA Exploring China #2- Hangzhou, company visit to Hundsun Technology Inc.

We are living an era of “Internet+” and China is now experiencing a new, unusually volatile era of its stock market. Hundsun Technology Inc., a leader in finance software and network services, is accordingly attracting more and more attention these days. On 17 July, a group of GEMBA alumni visited Hundsun, in Hangzhou, east China, the second of our GEMBA Exploring China series.

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Two executive managers of Hundsun, Mr. Zhao and Mr. Li, warmly welcomed the GEMBA group. Zhao shared great insight on “Internet plus Finance, Hundsun’s Financial Management Service”.

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And the group discussed several hot topics, such as how internet finance changing the rules, current hot investment areas and Hundsun’s strategy on risk management strategy.

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“GEMBA Exploring China”, is a GEMBA alumni initiative launched in early 2015. The GEMBA Alumni Committee, led by GEMBA alums, seeks to provide all GEMBAs with stronger connections, deeper understanding of business in China and beyond, and business opportunities.

Big thanks to GEMBA Alumni Committee member, Jerry Zhou from GEMBA Class X, for initiating and leading this visit. Please stay connected with us to learn about our upcoming activities.
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GEMBA Class XII Studying Hard and Having Fun in Los Angeles

USC-SJTU Global EMBA Program in Shanghai (GEMBA) Class XII just finished their second module in Los Angeles. Students flew to L.A. from mainland China, Taiwan, Hong Kong, Korea, Thailand and elsewhere for the eight-day study session, featuring the beautiful USC campus and California sunshine.
Dodger Stadium on Father’s Day
The Los Angeles Dodgers are the city’s first professional sports teams, and have won many World Series. Our students enjoyed a game pitting the Dodgers against their traditional rivals the San Francisco Giants, saw several home-runs during the evening, while eating Dodger dogs, wearing Dodger caps and participating in the cheers from the 50,000 fans in Dodger Stadium near USC.

Dodger Stadium from the first-base side.

GEMBAs watching the game.

GEMBA classes atthe World-renowned Marshall School of Business
GEMBA members are officially registered as USC students. So every June brings their first classes on the USC campus. The theme they study, Evaluating Market Performance, is typical of the integrated, theme-based curriculum uniquely designed by the USC Marshall School of Business. In this theme, four USC Marshall facultylead dynamic class sessions from the perspective of accounting, statistics, corporate finance and communications leadership.
Aside from engaging with the top-ranked faculty, GEMBA students visited the USC bookstore to buy USC souvenirs and wore them while walking around the campus and posing in front of Tommy Trojan. They also had the opportunity to network with other Marshall programs such as IBEAR.

Views of the USC L.A. campus – great L.A. weather.

Views of the USC L.A. campus – great L.A. weather.

Tommy Trojan – the symbol of USC and our alumni family.

Students working on group projects and presentations.

Ex-classroom engagement with the international city of Los Angeles
Los Angeles is probably the most international of all the U.S. cities, an ideal reflection of the diversified GEMBA class members. Our GEMBA XII class has several students based in L.A. They showed their hospitality by arranging barbecue in Korea Town, visits to famous scenic spots such as Beverly Hills, the Hollywood Walk of Stars, Santa Monica beach and pier, etc. The class also enjoyed Southern California’s iconic In-N-Out Burger.

Students celebrating a birthday in Korea Town.

BBQ in Korea Town.

Visiting Santa Monica Beach.

Class Olympics – Building a Stronger Team
GEMBA Class XII elected their CEOs (Chief Entertainment Officers) during their first module in Shanghai, in May 2015. The class CEOs organize extra-curricular activities, to enhance the GEMBA experience. The Class XII CEOs took the initiative to organize the first-ever GEMBA Class Olympics, with seven competitions: puzzles, dancing, six-legged race, hoola-hoop relay, flip the cup, basketball shots and creative bowling. Each GEMBA XII contributed to bolster the class spirit. The class CEOs who led the effort deserve our recognition:  Larry Chi, Bernard Chu, Ami Sin and Patrick Sun. GEMBA XII Amber Koh, based in L.A., provided GEMBA-worthy local support.

Playing ‘flip the cup’.

Celebrating the Class Olympics.

Class Olympics winners.

Dancing competition.

Creative bowling competition.

Site visit to the FedEx Los Angeles International Airport (LAX), engagement with Director of Operations
Our class engaged powerfully with FedEx at LAX, featuring a deeply informative talk by Mr. Steve Hornstra, a Director of FedEex Operations for the western U.S., a graduate of our USC Marshall EMBA program. Hornstra shared FedEx success stories, challenges and corporate culture. As FedEx is one of the earliest foreign-owned companies investing in China, with their initial initiatives dating back to the 1980s, our GEMBA students were keenly interested in FedEx’ experience and strategy in the China market. After his talk, Hornstra led a tour of the FedEx facility, pointing out details of FedEx’ world-leading operations.

Steve Hornstra, Director of Operations, FedEx.

GEMBA XII after the FedEx session.

About the GEMBA Program
The Credibility You Seek, The Transformation You Need – the Global Executive MBA in Shanghai (GEMBA) is an innovative EMBA program offered by USC in partnership with Shanghai Jiaotong University, featuring the same faculty and curriculum as Marshall’s top 10 ranked EMBA program in L. A. Courses are primarily taken in Shanghai, China with ExPort trip in South East Asia.

GEMBA Japan-based Alum Get Together in Tokyo

On 16 June 2015, as the summer hit Tokyo, our Japan-based GEMBAs and friends gathered in Tokyo’s Akasaka area.
Also among the attendees (from seven GEMBA classes were a visitor from California who has business in Tokyo, while we also had leaders from Deloitte, Goldman Sachs, McCann, Tesla, Sanofi and Softbank, and also the president of the USC Tokyo alumni association.We always look forward to meeting GEMBAs and friends in cities around Asia, as well as Shanghai and L.A. of course. We look forward to seeing you at one of our events soon.
About the GEMBA Program
The Credibility You Seek, The Transformation You Need – the Global Executive MBA in Shanghai (GEMBA) is an innovative EMBA program offered by USC in partnership with Shanghai Jiaotong University, featuring the same faculty and curriculum as Marshall’s top 10 ranked EMBA program in L. A. Courses are primarily taken in Shanghai, China with ExPort trip in South East Asia.
 Japan-based GEMBAs and friends gathered in Tokyo’s Akasaka area.

Japan-based GEMBAs and friends gathered in Tokyo’s Akasaka area.

 

Looking forward to our next gathering in Tokyo.

Looking forward to our next gathering in Tokyo.

GEMBA Exploring China #1 – Huang Shan

Huang Shan is a famous mountain area in southern Anhui province in eastern China.

The area is well known for its scenery, sunsets, peculiarly shaped granite peaks. It is a UNESCO World Heritage Site. Much of Huang Shan’s reputation derives from its significance in Chinese art and literature. The mountains have also appeared in modern works. James Cameron, director of the 2009 film Avatar, cited Huang Shan as one of his influences in designing the fictional world of that film.

Our GEMBA family were therefore inspired to visit. On 22 May 2015, a group of eight GEMBAs departed Shanghai to explore Huangshan, the first stop of the GEMBA alumni activity series, “GEMBA Exploring China”.

Our GEMBAs hailed from the U.S., Japan, Taiwan, Hong Kong and mainland China. Aside from the impressive five wonders of Huang Shan, they also visited the well-preserved and ancient Xi Di village. Xi Di has earned a place in the World Heritage List for its long history, country scenery, and well-preserved buildings dating hundreds of years. It has memorial archways and many memorial halls.

Our GEMBAs gained an increased appreciation of Anhui Province’s role in Chinese history and culture, learning about Hui culture, why the city of Hefei is so named, how Hui cuisine is one of the eight major cuisines in China, and the ancient meaning of the exquisite carvings on door frames and lattice walls. The team looks forward to sharing this understanding with their fellow alumni and other friends.

“GEMBA Exploring China”, is a GEMBA alumni initiative launched earlier this year. We’re headed to Hangzhou, our second destination, in early July. Join us! Contact gemba.alumni@sjtu.edu.cn for details.

GEMBAs hiking at Xi Hai Grand Canyon in Huang Shan.

GEMBAs hiking at Xi Hai Grand Canyon in Huang Shan.

Group photo on Huang Shan.

Group photo on Huang Shan.

Flying Stone, Huang Shan.

Flying Stone, Huang Shan.

The typical decoration in Xi Di Village

The typical decoration in Xi Di Village – the clock in the middle with the China bottle on the right and the mirror on the left representing “ping (瓶) Jing(镜) Zhong Shen (钟声)”, which means peace forever.

The exquisite carvings on lattice walls in Xi Di Village.

The exquisite carvings on lattice walls in Xi Di Village.

Group photo in Xi Di Village.

Group photo in Xi Di Village.

GEMBA Annual Celebration, Le Royal Meridian Hotel, Shanghai

Shanghai, 9 May 2015: The USC-SJTU Global Executive MBA in Shanghai (GEMBA)today held its 11th annual spring celebration,with Class XII beginning their study this week and Class X having graduated from the GEMBA program. We welcomed more than 100 GEMBA students, alumni and faculty.

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Vice Dean Wan Guohua of the Antai College of Economics and Management, Shanghai Jiao Tong University said, “Heart felt congratulations to all GEMBA Class X and Class XII. The experience of studying here will become a great milestone in your life.” Sunny Donenfeld, Chief Financial Officer, USC Marshall School of Business, also congratulated the graduation of GEMBA class X, and gave his best wishes to the newest Trojan family members, the GEMBA XII students.

Vice Dean Wan Guohua of the Antai College of Economics and Management, Shanghai Jiao Tong University.

Vice Dean Wan Guohua of the Antai College of Economics and Management, Shanghai Jiao Tong University.

 

 

 

 

 

 

 

 

 

 

Sunny Donenfeld, Chief Financial Officer, USC Marshall.

Sunny Donenfeld, Chief Financial Officer, USC Marshall.

 

 

 

 

 

 

 

 

 

GEMBA X Heather Smartt led her classmates in welcoming the GEMBA XII class with a gift.

GEMBA X Heather Smartt led her classmates in welcoming the GEMBA XII class with a gift.

 

 

 

 

 

 

 

 

 

 

We also celebrated the GEMBA students who have led the development of our GEMBA Alumni Association Matt Wakeling, Jerry Zhou, Huifang Schulenburg, Christy Tang, Steven Du, Stanley Chong, Eric Chow, Joy Sun, Paul Lin, Mark Yang, Kingston Hui, Jeffrey Hu, Linda Zhu, Barry Hung, Felix Wong, Patrick J. Owens, Charles Hipp and Rebecca Branham. They have launched a host of new activities that will make our GEMBA community stronger.

GEMBA Committee was announced to start functioning at the event.

GEMBA Committee was announced to start functioning at the event.

 

 

 

 

 

 

 

 

 

 

 

GEMBA Connect: Put the Pedal to the Metal – Career Accelerators

18 April, Shanghai – Ms. Joyce Gong from GEMBA IX led another great GEMBA Connect session, giving her perspectives on how to plan and accelerate acareer, including discussion of the trends in the market for talent andsmart growth paths for leaders. Nearly 40 GEMBA alumni and GEMBA XII students attended the event.

Joyce Gong is a Principal with the Industrial and Finance Practice of Korn/Ferry International Shanghai. She is also a core member of Korn/Ferry’s HR Center of Excellence in Asia Pacific.Joyce has close to twenty years of experience in human resources consulting in China, and more thanthirteen years in the executive search business. She joined Korn/Ferry in 2005.

Before the GEMBA Connect lunch, program executive director John Van Fleet and program associate director Doris Cao led the annual GEMBA orientation for about half of the incoming GEMBA XII students. Prof. Dai Fang, GEMBA Co-director and faculty of the Antai College, also shared her perspective on the program.

Joyce Gong from GEMBA IX gave speech for GEMBA Connect.

Joyce Gong from GEMBA IX gave speech for GEMBA Connect.

GEMBA XII students and other GEMBA alums at GEMBA Connect.

GEMBA XII students and other GEMBA alums at GEMBA Connect.

How the Innovation is Inspired – GEMBA Postgraduation Activities in Silicon Valley

Warner Brothers, experienced venture capitalists, President of USC Bay Area Association, best start-up company in Silicon Valley, Intel, Ericsson, Yahoo, Google, Stanford University Design College, alum speaker from GEMBA Class VI. These are what our GEMBA newly graduated Class X experienced for the past three days right after their grand graduation on 26 January. As is always said “Graduation is not an end to the learning journey, instead, it is a start point for a greater life, which is also the reason why all business schools would rather call it Commencement”.

In the spirit of “Commencement”, GEMBA organized a three-day after graduation Silicon Valley (SV) tour. The tour is designed to provide our EMBA graduates a strong connection to local business community and are able to exposed to a variety of learning experiences provided by partner companies and organizations through working professionals.

GEMBA X visiting Google during their Silicon Valley trip.

GEMBA X Celebrates their Graduation in USC L. A. Campus

After 20 months of hard work, our GEMBA Class X students have now completed their final module with GEMBA. So we celebrated their achievement with the grand graduation ceremony at Town & Gown building, USC Marshall L. A. Campus with their family and friends. Dean Ellis of USC Marshall School of Business and Dean Zhou from Shanghai Jiaotong University Antai College of Economics Management attended the ceremony and gave speech.

Congratulations to GEMBA Class X!

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Thanks for Coming to GEMBA Year-end Party in XinTianDi

We held a celebration banquet for our GEMBA family – about 50 GEMBAs and their family members and friends enjoyed a tasty buffet served in the beautiful loft of the Andaz Hotel in XinTianDi, along with a gift exchange.

Many of our GEMBA family members won great prizes in our lucky draw. Violet Lee from GEMBA XI won the top prize, a folding bike, the Strida LT, valued at about US$700, sponsored by GEMBA XI Angie Xiong. Congratulations to all GEMBAs who won prizes last night, and thanks to all who attended.

Thanks all for coming to the GEMBA Year-end Party for 2014.

 

 

 

 

Steven Du from GEMBA XII and Eden Xu from GEMBA III were awarded the “Best Partner”.

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Violet Lee from GEMBA XI won the top prize of last night, a folding bike called Strida LT, valued NTD 20,000, sponsored by Angie Xiong who’s also from GEMBA XI.

GEMBA X Celebrates their Graduation

(Our GEMBA Class X celebrates their graduation at the SJTU Shanghai Campus with the GEMBA “X” gesture.)

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After 18 months of hard work, our GEMBA Class X students have now completed their final Shanghai module at our SJTU Shanghai campus, and will meet for their final module in Los Angeles in January. So we celebrated their achievement with our annual graduation ceremony on the SJTU campus on 3 November 2014.
(GEMBA Class X’s graduation dinner, with class member Ankur Goyal in traditional Indian attire.)
In celebration of their coming graduation, the GEMBA X class held a festive banquet at one of Shanghai’s top Indian restaurants. To reflect GEMBA’s global nature, we chose this opportunity to learn something about Diwali, the most important festival on the Indian calendar, which ended just before the class started.
(Congratulations to GEMBA Class X!)
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USC-SJTU GEMBA Shandong Forum Integration into the Global Economy – Chinese Companies Going Global

(GEMBA Shandong Forum: Integration into The Global Economy—New Strategies of Chinese Enterprises)

上海交大—美国南加大全球EMBA项目山东论坛圆桌讨论

On 24 October 2014, the USC-SJTU Global Executive MBA in Shanghai and the Shanghai Institute for National Economy hosted “Integration into The Global Economy—New Strategies of Chinese Enterprises” in Jinan, Shandong Province. The forum aimed to strengthen the interaction between industry, academia and the government, specially inviting famous scholars and successful entrepreneurs to discuss effective internationalization for Chinese enterprises.

Event Background
2014 will be the first year that overseas investment of Chinese enterprises’ outbound investment outstrips FDI in China, a watershed in Chinese enterprises’ globalization. Global development strategies are increasingly important for a growing number of domestically-based companies.
But as Chinese enterprises go overseas, an insufficient understanding of the complex and volatile international environment and a lack of cross-cultural/international management experience are increasingly severe barriers to success. The conference aimed to help these enterprises overcome the barriers and capture the opportunities?
About The Hosts
The USC-SJTU Global Executive MBA (GEMBA) in Shanghai
The USC-SJTU Global Executive MBA (GEMBA) is a unique program offered by the University of Southern California in partnership with Shanghai Jiao Tong University.
Join managers from throughout Asia in this innovative EMBA program that features the same faculty and curriculum as Marshall’s top 10 ranked EMBA program in Los Angeles. Earn your USC MBA degree in thirteen sessions spread over 20 months. Upon graduation, you become part of USC’s world famous, life-long and worldwide alumni family, and the alumni family of Shanghai Jiao Tong University as well.
Shanghai Institute for National Economy
The Shanghai Institute for National Economy of Shanghai Jiao Tong University is a policy research platform, positioning in the China first-class, world-renowned think-brain; relying on the professors and professional team; to serve the government, enterprises and the social from all walks of life. Institute is committed to providing theoretical and practical advice for the Chinese economic and social development through the establishment of collaborative innovation mechanism with a wide range of first-class research institutions at home and abroad, to provide research basis for the formulation of public policy, and actively promote the innovation policy research economics system to establish China characteristics.

Roman Shaw from GEMBA III Shares His M&A Experience with GEMBA Classes X and XI

On 18 September 2014, Mr. Roman Shaw from GEMBA III returned to campus and shared his profound perspective on the M&A industry in China. Comparing the difficult M&A situation in the past and the open policy in the Shanghai Free Trade Zone nowadays, Roman shared his experiences of the two different phases of China’s M&A environment, and related how he’s generated solid business performance by adapting to change. Roman’s talk included discussion of several of his recent M&A cases.
GEMBA regularly welcomes our alumni to visit and share their experiences, opportunities we treasure. Thanks again to Roman and all our alumni supporters.

GEMBA XI Student Panel How Do We Apply Statistics in Our Own Industries?

On 18 August, five of our GEMBA XI students shared their real-world perspectives on how statistics are used effectively in business today. THe class had just completed their class sessions with statistics Prof. Dawn Porter.

Our speakers were: Mr. Chen Bao, Eastern Divisional Sales Manager at Spirax Sarco Engineering (China) Ltd.; Ms. Huifang Schulenberg, Product Manager at Continental Tires (Shanghai) Co., Ltd, China; Mr. C.J. Chan, General Manager at Senco General Tools (Suzhou) Co., Ltd; Mr. Bruce Ling, Operations Manager, Nanjing Office at Worley Parsons China; and Mr. John Farren, Automation Director at Nike Taiwan.

Student panels are a feature of GEMBA, with two or so during the program. They add to our students’ perspectives on current issues and opportunties in the Pacific Rim.

GEMBA X Engages with Business and Government Leaders in Singapore and Saigon

(GEMBA X visited Mapletree in Singapore)

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From 17 to 22 August, 36 members of GEMBA Class X spent a full week in Singapore and Ho Chi Minh City (formerly Saigon), Vietnam, having deep and rewarding discussions with about 17 business and government leaders, and visiting sites ranging from a community center to large-scale manufacturers to retail complexes.

In Singapore, the GEMBA X class engaged with a Senior Minister Of State and the head of the American Chamber of Commerce, plus leaders from BMC Software, Alphadyne, Mapletree, Google, Cushman & Wakefield, UPS and GM International, along with several highly accomplished entrepreneurs.

In Saigon, the GEMBA X class engaged with a similar mix of business and government leaders, and also visited one of the country’s largest industrial complexes. Our visits included one to the country’s first McDonald’s.

The GEMBA program features study in three to four countries, to help students gain a truly global perspective. The program features ten themes, each focused on a different aspect of today’s business challenges and opportunities. With the trip to Singapore and Saigon, the GEMBA X class completed its Theme 7, Global Front Line Perspectives. As we have strong alumni connections throughout East Asia, many of our host speakers and sites in the two cities were GEMBA or USC alumni.

(GEMBA X in Export Trip)

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Antai-Marshall joint session: Why Has IFRS Adoption in China Reduced Foreign Institutional Investment?

On 14 August, Professors Mark DeFond of USC Marshall and Xia Lijun of SJTU Antai led a joint class session, during which they discussed the findings of their joint research: that China’s adoption of International Financial Reporting Standards (IFRS) has not only had no positive effect on foreign institutional investment in China, it has had some negative effect. Nearly 40 people including GEMBA XI participated the session, then a reception for further networking.

 

Congratulations to GEMBA IV Ziping Wang, who won 3rd prize in the men’s doubles at the East China Business School Badminton Competition.

Congratulations to GEMBA IV Ziping Wang, who won 3rd prize in the men’s doubles at the East China Business School Badminton Competition.

More than 200 EMBAs from 15 business schools competed, and four GEMBAs competed on behalf of SJTU’s Antai College Badminton Club for this event. We look forward to more participation from GEMBAs in the future.

Contact us if you wish to join GEMBAs for badminton activities: gemba.alumni@sjtu.edu.cn; +86-21-62932713

GEMBA Class XI Visits FedEx Distribution Center

(GEMBA Class XI visited FedEx in LAX)

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On 27 June, the GEMBA XI students visited the FedEx distribution center at the Los Angeles International Airport. Mr. Steve Hornstra, Strategic Operations Manager and also an alumnus of the USC Marshall EMBA program, shared his 20 years experience on optimizing operation processes and strategy for FedEx. Afterwards, he led a tour of the facility, indicating how the airplanes, conveyor belts and team all interact to produce highly efficient outcomes.

Thanks to the generousity of Hornstra, the GEMBA classes have been visiting FedEx for some years now, and the visit is always a highly evaluated component of the class week in L.A.

Prof. Jacob Soll of USC Dornsife Discusses the “History of Accounting” with GEMBA Class XI in L. A.

(Prof. Jacob Soll, Professor of History and Accounting, USC)

jacob-soll

On 26 June 2014, USC Prof. Jacob Soll discussed the history of accounting, the subject of his groundbreaking new book “The Reckoning”, with GEMBA Class XI students at their class session in Los Angeles. The GEMBA XI students were in their Theme 2A, Evaluating Market Performance, which has accounting as a major component, so Prof. Soll’s discussion was especially relevant for them.

“The Reckoning: Financial Accountability and the Making and Breaking of Nations,” has received stellar reviews in major outlets including Bloomberg News and the Financial Times. In it, Prof. Soll examines how the waxing and waning of accounting and the use of double-entry bookkeeping impacted the fortunes of modern states including France under King Louis XIV, Florence during the Renaissance—and the rise of the De Medici banking family—and the Netherlands during the Golden Age of the Dutch East India Company.
“The history of accounting is a story,” said Prof. Soll, “about the rise and fall of nations. When talking about wealth and poverty—and the survival of companies and governments—accounting plays a major role.”

GEMBA LifeStyle Health Lecture Held Successfully

(GEMBA alumni joined the activity at ‘Body Talk Spa’)

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Shanghai, 8 June 2014: GEMBA LifeStlye launched its first event at ‘Body Talk Spa’. Chinese doctor Gao Youtao gave a lecture about TCM in general and some seasonal points. All attendees also enjoyed some specially designed exercises, followed by a spa treatment.

The GEMBA LifeStyle is a bi-monthly series of culture-related events including healthcare, music/art classes, city history discovery and other activities aimed at developing a healthier lifestyle.