Category Archives: Business

Chinese Cultural Values

Dr. John Psarouthakis

Executive Editor

 

On the Power Distance dimension-Confucian Ethics

This is a short summary of a  report of research conducted by
JP Management Center, LLC.

Chinese society is seen by the Chinese as composed of people who are inherently unequal in rank and standing, and differences in rank are signaled and reinforced by the style of the interaction between the parties involved. As a visiting foreign business professional, you will be respected and shown deference, and in turn you will be expected to show deference and formality, especially in your relationships with Chinese who are superior in rank to you within their own organizations.

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The Future Workforce

Dr. John Psarouthakis

Executive Editor

 

Let us turn once again to general workforce issues. In this case, however, I would like to concentrate my observations on the workforce of the year 2025 and beyond,.

The entry-level workforce for the challenges ahead is now in the early grades. To understand what the implications of that statement are for the future of manufacturing, one needs to examine, a few demographics of that seven to twelve year old group which is now struggling with the basic skills of grammar and math school.

For one thing, that age cohort is  smaller than previous groups of the past twenty years. There has been a decline in fertility among most groups in this country, and unless reversed will result in a much smaller group of youths ready to start work as we look at the next couple decades. Again, manufacturing will be competing against all the other employment possibilities, but this time for a shrinking supply of person power.

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KNOWLEDGE TRANSFER PLATFORM


Dr. John Psarouthakis

Executive Editor

 

During the recent four decades we find ourselves in an accelerating, globally-interconnected, knowledge and technology driven times full of opportunities driven these accelerating knowledge and technologies, with ever more open national borders.

As the information and technology advancements gather momentum, society will, as always, look to university graduates, faculty, and staff for fundamental research, and for creative understanding and application of the knowledge they generate and engaging business, industry, governments, and other social institutions in new endeavors of learning, research, and problem solving. This will be an important element of the leading universities of the future.

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