"Learning is not compulsory ... neither is survival." William Edwards Deming (1900-1993), the American statistician who advanced the concept of total quality management, was famously direct and to the point. As evidenced by his highly influential role in the late 20th century boom of Japanese products and in the resurgence of the U.S. car industry in the 1980s, learning is essential to long-term survival.
This book presents a framework for a different type of profitable growth for multinational companies in emerging markets: "scaling the tail." This model focuses on specialized market niches, flanking particular segments and product-categories, developing deeply nuanced localization strategies, and installing supportive management systems.
International Journal of Education
Since 2011, University of Michigan—Shanghai Jiao Tong University Joint Institute (JI) has established 122 corporate-sponsored Capstone Design Projects (CDPs) with world leading companies such as Covidien, General Electric, Hewlett Packard, Intel, and Siemens. Of these corporations, Intel was the first sponsor, having funded 21 projects and mentored 105 students over four consecutive years. This paper is a longitudinal case study following three Intel-sponsored multi-view real-time face detection CDP teams with 15 undergraduate students during 2013 and 2014. On the technical side, the system design of face detection is based on Intel High Definition (HD) 4000 graphics and OpenCL. With numerous techniques, including accelerated pipeline over CPU and GPU, image decomposition, two-dimensional (2D) task allocation, and a combination of Viola-Jones algorithm and continuously adaptive mean-shift (Camshift) algorithm, a speed of 32 fps was attained for real-time multi-view face detection. In addition, a frontal view detection accuracy of 81% was achieved in Phase I and a multi-view detection accuracy of 95% in Phase III. Furthermore, an innovative application called face-detection game controller (FDGC) was developed. On the other side, this research also addresses benefitsof stakeholders. After graduation, a third(5) of these students worked in multinational corporations (MNCs) and two thirds (10) of these students entered top American graduate schools. At the time of this writing, five of them have finished their master’s degrees and are currently working for famous companies, such as Amazon, Facebook, and Google.
capstone design projects (CDPs)
internet technology (IT)
Multinational corporation (MNC)
Open Computing Language (OpenCL)
The increasing role of the market and the decreasing role of the government is eagerly anticipated by both Chinese and foreign executives according to our poll of 773 executives from companies doing business in China.
Chinese and foreign executives who participated in the CEIBS Business in China Survey 2015 are anticipating that the new round of economic reform which got underway in China in 2014 will further increase market openness and reduce government intervention. They are likely reacting to signals from the Third Plenum of the 18th Communist Party of China Central Committee which set the new reform agenda in November 2013. As outlined in the blueprint for comprehensive reform in China for the next ten years, The Decision on Major Issues Concerning Comprehensively Deepening Reforms, “the basic economic system should evolve on the decisive role of the market in resource allocation.” Chinese and foreign executives have heard this message loud and clear, based on their responses for this year’s CEIBS Business in China Survey.
The Survey is an annual poll of business executives working in China for both Chinese-owned and foreign-owned companies. Among the findings from this year’s poll: the types of reforms companies prefer, the roles of innovation and the Internet in China’s new business environment, as well as the competitiveness of Chinese private companies.
For a closer look at the interplay between China and the EU, their companies and nationals, as well as what’s needed from both sides to strengthen China-EU ties, TheLINK sat down for an exclusive interview with CEIBS Professor of Strategy and International Business Klaus Meyer, who is also Director of CEIBS Research Centre for Emerging Market Studies.