CEIBS Hosts 3rd Annual Being Globally Responsible Conference: "New Horizon, Better World" June 6 -7 2008. Shanghai campus - “How receptive is China to the concept of CSR?” “How can a company achieve socially responsible investing?” “Which types of alternative energy are most promising now?” These were among the timely and provocative questions raised during the 3rd Annual Being Globally Responsible Conference (BGRC) hosted at CEIBS from June 6 to 7. The conference featured 34 international CSR experts speaking from their backgrounds in NGOs, government, business, or academia. Some 300 students, corporate executives and media members turned out for the event. This year’s participants include 130 visiting MBA students from 36 top business schools in mainland China, Hong Kong, Taiwan, Thailand, Japan, South Korea, Thailand, Philippines, Malaysia, Singapore, India, Australia, Denmark, Spain and the United States. Launched by CEIBS in 2006, the conference is the first and largest student-organized CSR conference for future business leaders in the Asia-Pacific region. This year’s conference includes a new “first” for CEIBS: the school’s debut international businessschool competition, innovateCHINA. The competition will conclude with an awards ceremony on June 8. The role of business schools in CSR In his opening address on June 6, CEIBS Dean and Vice President Rolf D. Cremer stressed the school’s commitment to social responsibility in education. He also emphasized the importance of sustainable development practices for businesses in China and around the world. CEIBS Distinguished Professor of Global Responsible Leadership Prof. Henri-Claude de Bettignies, who is also European Chair for Global Governance and Sino-European Business Relations, next argued that business schools have a clear responsibility to promote CSR. “Today’s graduates will become tomorrow’s business and economic leaders. Thus, it is crucial to equip them with the knowledge and sense of responsibility in order to create a healthy, ethical and sustainable economy that will lead to a better environment and a better world,” said Prof. de Bettignies. “Given the current sustainability challenge in Asia, and globally, it’s necessary to bring up a generation of socially responsible leaders who will implement sustainable practices and empower others to follow this path. This was the mission of the BGRC.” The need for Chinese companies to reach international standards in CSR practices was the topic addressed by Prof. Wang Zhile, Director of the Chinese Ministry of Commerce’s Chinese Academy of International Trade and Economic Cooperation. In his speech, “Chinese Enterprises Facing the Challenges of Strengthening Overall Responsibilities,” he argued that now is the time for domestic companies to upgrade in such areas as worker safety, product safety, and environmental protection. “When companies become global, they should improve their mindset on CSR,” he stated, adding that the days when it was accepted that Chinese companies would use “barbaric” means to beat competitors - with no concern for social consequences - are over. "CSR and Economic Development: is CSR Really a Priority or Even Relevant?" was the question addressed by Professor of Corporate Social Responsibility Dirk Matten of York University’s Schulich School of Business. Despite still facing critics, CSR is becoming increasingly relevant, Prof. Matten argued. Today, he said, the concept goes beyond the "Bill Gates model of philanthropy," in which one makes money then gives some of it away. Instead, the idea now refers to “how you make your money in the honest interest of multiple stakeholders.” Business Solutions to Social Issues Kicking off a panel discussion with four China-savvy experts, Ms. Nancy Barry, President of Nancy Barry Associates introduced her work for the organization Enterprise Solutions to Poverty, which attacks the root causes of poverty through promoting the concept of “doing well by doing good.” Fellow panellists Mr. Anthony Lin, Shanghai Branch Manager of Standard Chartered Bank, and Mr. Yong Tao, President of Beijing SDR, shared their work in two different projects supporting microfinance in rural China. Ms. Ying Lu, COFCO Rice Business Unit Deputy General Manager, shared her company’s work to improve business and environmental conditions for Chinese rice farmers. Continuing the theme of corporate strategy and CSR, Senior Advisor to the UN Global Compact Fred Dubee opened the afternoon session by speaking on "Strategy and Society: The Link Between Competitive Advantage and CSR." Three senior corporate executives next took the stage to share real life experiences in incorporating CSR into corporate operations and strategy. Evonik Senior Vice President Dr. Matthias Kottenhahn addressed “Winning by Creation,” Atlas Copco Vice President Magnus Gyllo discussed “Achieving Sustainable Profitable Growth,” and Gamesa Energy China General Manager Alberto Mendez spoke on “CSR: Key Drivers and Challenges at Gamesa.” Day One of BGRC 2008 ended with a series of break-out workshops on the topics of Socially Responsible Investment, Alternative Energy, Aligning CSR in Marketing & Public Communication and Sustainable Building Standards Implementation. Workshop experts featured: Fred Dubee; JPMorgan Chase Bank China Vice President Kitty Vorisek; Climate Protection Senior Advisor Marcus Schwegler; Trina Solar Global Procurement Director Alberto Di Gaetano; Siemens Building Technologies Energy & Environmental Solutions BD Manager Gary Zeng; Senior Consultant APCO Worldwide Bernice Voets; Bayer China Vice President of CSR William Valentino; University of Cambridge Professor Wayne Vasser; Atlas Copco (Nanjing) Construction & Mining Equipment General Manager David Luo and company Environmental Coordinator Andrew Grieve. MBA Toolkit for CSR The Second Day began with practical advice on how MBA students can use CSR to make a difference to the business world and the wider society. In a presentation entitled “MBA Toolkit for CSR”, Bayer’s Valentino drew the distinction between sustained CSR and feel-good quick fixes. He urged the MBA students in the audience to get involved. “The new paradigm is not about profits, it’s not about money, it’s about what value you create. You need to be the guinea pigs that are going to go out, after your MBA, and think how you can integrate these ideas into the companies where you work,” he said. Mr. Valentino’s address was followed by a look at the government’s role in CSR. During a speech entitled “The CSR Navigator” Associate Partner of Public One, Ms. Carolin Welzel, emphasized the need for the public sector to play a role in actions often regarded as corporate- or private sector initiatives. “In order to solve problems there has to be cooperation between the three sectors. Cooperation is the key in this,” she said. The next segment on the agenda for Day Two featured practical examples of CSR from four MBA students from Mainland China, the United States, Korea and Hong Kong. During a speech on “CSR in Poverty Alleviation” CEIBS’ Mr. Sebastian Zhang focused on the issue of rural education by drawing examples from his involvement in the Red Chalk programme. “The Sustainability Journey: CSR at Honest Tea and Beyond” was the topic explored by Ms. Jennifer Blazejewski from The Tuck School of Business at Dartmouth. KAIST student Ms. Hee-jung Nam, the next MBA student to take the podium, spoke on “The Role of Environment Protection in CSR - 2007 Korea Oil Spill.” The final MBA student was CUHK’s Mr. Gregory Lok whose speech cantered around the “Challenges and Opportunities of Embedding CSR Principles and Curricula in MBA Programmes.” The afternoon session consisted of three simultaneous workshops that dealt, respectively, with “The Role of HR in CSR”, “Corporate Governance” and “Developing an Ethical Supply Chain.” Vice President of Corporate Affairs for Alibaba Group Mr. Porter Erisman was the speaker for workshop one, which was moderated by CSR and Government Relations Manager for AmCham Shanghai Mr. Oliver Yang. In his opening remarks, Mr. Yang stressed the importance of hands-on, personal involvement in CSR. “It’s all about people, it’s all about us,” he said. Balancing Act During a presentation that spanned the different stages of CSR across the globe, Alibaba’s Erisman painted a picture of a worldwide attitudinal shift from simply donating money to active participation in socially responsible behaviour. After giving numerous examples of how Alibaba uses its various services to empower small businesses and entrepreneurs, he had some advice for other companies looking for a way to get involved. “The first place to start when doing CSR is to identify the core things your business does already, [and build on those areas to find projects] that you can get involved with,” he said. The panellists for the second workshop were Senior Manager of the Listing Department of the Shanghai Stock Exchange Ms. Lin Li, and Columbia University Professor Sirkka Korpela. The moderator was CEIBS’ Professor de Bettignies. Maersk executives made up the panellists for the third workshop which was chaired by CEIBS Professor of Operations Management Thomas Callarman. Speakers were Maersk Logistics North Asia Region’s Head of Commercial Operations Kim Overman, and the company’s Head of Supply Chain Development Mr. Stephen Lee. Then, a panel discussion on “A Balanced Triangle of Economy, Environment and Society - Roles of Various Social Citizens” offered insight into the challenges faced by big-name corporations in their attempts to reduce their carbon footprints while actively pursuing profits. The panel of experts included President of Evonik Greater China Region Dr. Dahai Yu; President of Shanghai (Huayi) Group Mr. Xunfeng Liu; Executive Vice President of Shanghai Xinzhuang Industry Park Mr. Jianping Chen; General Manager of Evonik Sanzheng (Yingkou) Dr. Yutong Zhu; and Founder and General Manager of SynTao Dr. Peiyuan Guo. The discussion cantered on being socially responsible within the context of the different challenges faced by state- or privately owned companies -from a variety of industries -- as they try to balance the needs of their stakeholders. After a lively question and answer session, CEIBS Vice President and Co-Dean Professor Zhang Weijiong brought the conference to a close with a brief summary of the key points covered during the two days of talks. He highlighted the need for both individuals and corporations to get involved and added, “There must be an effective and efficient system to ensure and to encourage globally responsible behaviour, especially for corporations. In the long run, corporations should view globally responsible behaviour as a competitive advantage, and combine it with corporate strategy and culture.” Prof. Zhang urged attendees to share the lessons learned and emphasized the role that business school students have to play. “B-school students, the future business leaders, should play a key role in educating and promoting the ideas behind these messages to the world,” he said. Wealth of Ideas at CEIBS innovateCHINA Global Innovation Challenge 2008 July 8, 2008. CEIBS innovateCHINA Global Innovation Challenge 2008, the first ever international business competition hosted by CEIBS MBA students ended on June 8th, 2008 with UCLA taking the top prize. The team came up with the best plan for how EVOC Intelligent Technology Co. Ltd, could spend 100 million RMB on an innovative and sustainable CSR project that reflects the company’s values and capitalizes on its core competencies. They had 48 hours to do the job. The competition was completely organized and executed by CEIBS MBA students with the help of generous sponsors and the support of the CEIBS administration. Participants included 82 b-schools, from four continents, including Harvard, London Business School, MIT Sloan, and INSEAD -- as well as Top Asian schools such as Tsinghua SEM, Fudan IMBA, and Shanghai Jiao Tong University MBA. Nine teams made it to the second round and, with two unable to attend, seven participated in the Grand Challenge that ended today. More than 200 members of the business community, students and media representatives attended the event, which was filmed in its entirety by ICS TV. The challenge was, “How might EVOC's Charity Foundation create a sustainable and measurable impact in China?” The complete list of participants and the order in which they appeared in the Grand Challenge Round included: China Europe International Business School: Andres Martin Buldu and Rohan Menon; Australian School of Management, University of New South Wales: Bowie Cheng, Regan Crooks, and Don Johnston; UCLA: Christopher Bishop, Julia Zhe Zhu, and Alexander Nouel; Oxford: Jenny Hui and Pawel Madon; IESE: Ignacio Norambuena, Weivin Yang and Carmen Balacianu; National University of Singapore: Hadi Christian, Zhang Dongliang, and Shweta Vaidva; York University: Sandra Li, T.J. Park, and Jony Yuwono. Two other teams that made it to the first round -- Manchester Business School and University of Illinois - were unable to attend. However they were still eligible for one of the three first-round cash prizes of RMB15,000. In fact, Illinois won the Global Links Initiative Company Prize, and Manchester took the Juststyle Company Prize, while UCLA also took the Fersa Energias Renovables S.A. Company Prize. In a grueling contest that lasted for more than three hours, the teams pitched their ideas then faced tough questions from the panel of judges and experts which included EVOC’s CEO Sun Wei; McKinsey & Company Asia Pacific Chairman Dominic Barton who served as the competition’s chief judge; President of NBA Enterprise Solutions to Poverty and former President of Women’s World Banking Nancy Barry; Bayer China’s Vice President and Head of Communications William Valentino; Founder and CEO of CSR International Wayne Visser; Deputy Secretary-General of Shanghai University Student Entrepreneurship Fund Mr. David Zhang. Both McKinsey’s Mr. Barton and CSR International’s Dr. Visser agreed that the overriding factor that gave UCLA’s team of Alexander Nouel, Julia Zhu and Christopher Bishop the edge was the sheer impact their proposal would have. The team’s plan focused on alleviating the shortcomings in China’s underdeveloped non-profit organisation (NPO) sector by developing a mechanism to multiply the effect of the 100 million RMB EVOC Foundation fund for maximum social, economic and environmental benefit. They proposed the development of the EVOC Institute to train managers of NPOs, complemented by the EVOC Grant that would provide support to EVOC alumni after they completed the one- to two-week course. McKinsey’s Barton also had high praise for the other proposals, adding that it was likely that EVOC would examine the feasibility of implementing suggestions from different aspects of the plans presented. "There’s nothing like being in a room full of young people with great ideas,” said Mr. Barton. “There were very practical, wide ranging ideas that worked. I think EVOC has got lots of things to work with.” At the end of the competition, CEIBS President Zhu Xiaoming congratulated UCLA and all the other teams on the excellent job they had done, and also expressed his thanks to the CEIBS MBA organising committee and event sponsors. EVOC’s Sun Wei, who stressed the increasing importance of social responsibility in China’s fast growing economy, gave a commitment that his firm would give a lot of thought to the proposals put forward by the competing teams. “Through this competition, EVOC has provided you with an opportunity to think more about CSR,” he told the audience. “It has also given us a challenge as well. I hope the members of the audience here today will work with EVOC to create a harmonious society and help those in need.” About innovateCHINA Global Innovation Challenge The CEIBS "innovateCHINA Global Innovation Challenge" is designed to create unique and innovative solutions to real challenges faced by corporations operating in China, by providing a platform for interaction with the top business minds in the world. As the first and only International MBA Competition to be hosted by a Chinese MBA school, innovateCHINA is uniquely positioned to tap into the best business minds in the top MBA programmes in the world to create innovation solutions and economically viable proposals for China and the Chinese market. About EVOC Founded in 1993, EVOC Intelligent Technology Co. Ltd. is one of China’s top manufacturers of Embedded Intelligent Platform (EIP). EVOC has been publicly traded in Hong Kong since 2003, and has the Chinese Mainland’s largest base for production and R&D. EVOC focuses on industrial PC, single board computer, power supply and other related products which are widely used in industrial automation, telecommunications, medical and transportation fields, among others. EVOC is also a Gold Level member of Microsoft Windows Embedded Partner Programme.