Archive for August, 2008

EIT Governing Board appointed and on stream

August 2, 2008

From recent EU Commission news release it should be noted, that the European Institute of Innovation and Technology (EIT) is set for an Autumn launch in Budapest.


The EIT’s first Governing Board  was officially appointed 30 July 2008 following a European Commission Decision. The Board will hold its inaugural meeting in Budapest on 15 September 2008 with a view to establish the basis that will lead to the launch of the first two to three Knowledge and Innovation Communities (KIC’s) by the end of 2009.


The Board will be responsible for the overall strategy-setting and for the selection, coordination and evaluation of the KIC’c, the EIT’s operational centres.


KIC’s will will be highly integrated partnerships pooling a critical mass of the very best European resources in business, higher education and research, and other innovation stakeholders.Their mission will be to generate and promote innovation in key areas of economic and societal interest.




As comments to above should be noted the importance of including trans-disciplinary managerial know how to match the future global demands for cross cultural competences.


To establish this supplement to the technological competences of the EIT, it will be imperative to include relevant Business Schools in the KIC-initiatives. In this connection it is recommended to take advantage of EFMD, Brussels and similar sourcing facilities.



Povl Tiedemann

July 2008




China’s business and education development takeoff – with reference to EFMD

August 1, 2008


With reference to EFMD / Global Focus:  – Hidden Dragons –

– How China’s business schools will ultimately change the world –



Chinese business education will no longer solely hinge upon disseminating imported Western knowledge and know-how to Chinese students…

Focus will be on how and what the international business community can learn from the success of China’s economy and Chinese businesses…

(Rolf D. Cremer)



The power and intensity in Chinese society and economy depend on a vast variety of parameters. The volume of working hours and the industrious lifestyle give an indication of what we are facing, seen from a traditional European viewpoint in e.g. the construction industry, which is most visible.


European (EU-15) standards and traditions for an average of 1,625 annual man-hours, in one shift per production unit, are under pressure.


In other words, and as a metaphoric example: a piece of road building machinery – a one man operated roller – may be used 1,625 hours per year in Europe versus 5,000 – 7,000 hours per year in China. Similar ratios are widespread in Chinese society.


On top of this rough picture of the basic work input difference comes the well-known remuneration differences of say 25 Euros / hour in Europe versus say 1 Euro / hour in China.


These ratios cannot be outnumbered by any immediate efficiency differences – and above all comes the well-known Chinese motivation for learning, and for adaption.


If a “Gross Domestic / Society Learning Curve” should be described, it would have a very steep slope. Any kind of McGraw Hill business textbooks or the like are consumed and digested in

vast quantities. The US – UK – EU competitive advantage based on knowledge, is by far to be overtaken by China’s learning ambitions.


The Chinese ability to and mindset for adaption and change has been well demonstrated over

the last century. We have witnessed the change from Mandarin feudalism to Communism, and further from classical to capitalistic Communism. Such turnarounds and their achievements definitely deserve respect – and it is important to identify and to be prepared for the next major moves.


Based on above, it is imperative to focus on China’s management education in transition, with reference to Rolf D. Cremer, Professor of Economics, Dean and Vice President at CEIBS, as recently released in Global Focus – The EFMD Business Magazine:


“Management education in China is in a dramatic transition entering a new era that will ultimately lift the country to a more prominent position on the academic world stage, for those working in or with China, the challenge will be in how best to respond and adapt.


One interesting measure of the evolution of China’s domestic schools will be seen in how the international accreditation bodies such as EQUIS and AACSB International will handle applications from these schools. It is expected that China’s top ten universities will be accredited within the next five years*.


The Second significant trend that will drive the development of China’s management education is that China-based business schools will align their priorities, in both teaching and research, with national priorites. Here it is not referred to China’s domestic agenda, nor to nationalism or patriotism, but to current business development in the country.


The third trend impacting the international management education field will be the emergence of Chinese academics as global thought leaders. CEIBS faculty now includes 50 faculty who are “on the ground” in Shanghai, living, working and researching on China. They are increasingly taking their unique expertise on China to the global management education community.


With this shift, the business education will no longer solely hinge upon disseminating imported Western knowledge and know-how to Chinese students. Instead, the model will focus on how and what the international business community can learn from the success of China’s economy and Chinese businesses.


It will be interesting to watch how schools position or reposition themselves in response to above developments outlined.



The business schools and universities in China most likely to form the new elite over the next few years are:


China Europe International Business School, CEIBS.

Tsinghua University School of Economics and Management.

Peking University, Guanghua School of Management; Centre for Economic Research.

Zhejiang University School of Management.

Fudan University School of Management.

Shanghai Jiaotong University School of Management.

Cheung Kong Graduate School of Business”.


With Europe running at approx. quarter speed compared with China – although hopefully not in all sectors of society – we may be in for a radical wake-up call, when the Chinese learning systems are gaining momentum.


However, if we are able to take advantage of China’s prosperous performance and development, we may enter a win-win situation on the longer term. Bear in mind – the new skyline of Shanghai came up in less than ten years (I witnessed the processes on site in Tianjin / Peking / Shanghai from the early 1980’ies), and the Olympic infrastructure was in place one year prior to the games…!



NB: Shortly after finishing above note, Tsinghua University School of Economics and Management obtained the first EQUIS accreditation in China.


For further readings, please check:

“Hidden Dragons – How China’s business schools

will ultimately change the world” on 9 August 2008


Povl Tiedemann

Danish Business Economists

July 2008




For the attention of H.E. Mr. Xie Hangsheng

Chinese Ambassador to Denmark 


8 August 2008


In connection with the opening of the Olympic Games in Beijing on the prosperous moment 08.08.2008 at 08:08 hrs. PM, we hereby convey our most respectful congratulations to you as representative for the splendid efforts thus presented.


What we have witnessed over the recent couple of days certainly demonstrates the great achievements developed over the last 25 years, based on the fundamentals of your society prior hereto.


Personally I have followed the development based on my engagements in the initial LEGO establishments, leading me to the first introductions to the authorities in Tianjin, Shanghai and Beijing, and giving me the first observations of the industrious performance of Chinese society.




Concerning my approach background to the P.R. China it should be noted that I am the first LEGO representative to be invited ref. visa dated 31 October 1983.


This breakthrough was arranged personally by the Lord Mayor of Tianjin, subsequently followed by personal contact to and invitations by the Minister of Education in Beijing with proper references to the Danish Ministry of Education.


In the proceeding contact development, leading also to the didactical authorities in Shanghai, CCPIT naturally was the guiding instrument from side of the Chinese authorities, with whom we continuously liaisoned closely, which indeed also counts for the local diplomatic representation in Denmark.


On my side I was supported by the Danish Chamber of Commerce and former key representative of the East Asiatic Company, Copenhagen, Holger Hansen (Lau Han), probably still known by senior officials in the P.R. China due to his personal attachment to State Councilor and Vice Premier Gu Mu.




In continuation to above, and as a consequence of my present activities in the university sector through my engagement with association of Danish Business Economists (C3), nationally as well as internationally, it has been natural for me to maintain interest for the development in the Chinese university sector.


Thus I am engaged on behalf of Danish Business Economists in the recent publication activities concerning future perspectives of the Chinese Business School community.


In this connection you are hereby kindly asked to check the weblog contri-butions dated 2 and 9 August 2008 on where you will find a thorough analysis of a set of basic positive perspectives, in continuation to the 1 August 2008 publication on following the DeansTalk-statement by UN Secretary General, Ban Ki-moon 31 July 2008, that business and Business Schools have the power to change the world.


These publication contents and dates certainly are coordinated with and serve as a tribute to the actual presentation of the Olympic achievements in Beijing.


Please note that DeansTalk is the Work Place Blog facility ranked as Nr. 1 by The Times.


For further information and references concerning above publication activities you are welcome to contact Prof. Dr. Eric Cornuel, Director General, EFMD, Brussels on


Finally, please feel free to check our activities and profile on and to contact us further to above, as we shall be pleased to introduce you to our positions and activities in relation to Danish universities and Business Schools, ministries, government and the European Commission.



Respectfully, yours

Povl Tiedemann

Head of Department

Danish Business Economists