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Latest News

January 20, 2005
Daniel Moonkee Min, President of iCash Inc. joins the Korea panel.


January 18, 2005
Gopal Srinivasan, Director of TVS Electronics joins the India panel.


January 11, 2005
Dr. Soonhoon Bae, Professor at the Graduate School of Management, Korea Advanced Institute of Science and Technology joins the Korea panel.


December 23, 2004
Arif Iqball, Asia Pacific Regional Planning Director, Delphi Corporation and Cynthia Tragge-Lakra, Global Director, Commercial Leadership & Development, General Electric Company join the Japan panel.


December 18, 2004
Rajesh Hukku, Chairman and Managing Director, iFlex and Indro Mukerjee, Exec VP & GM, Marketing/ Sales, Philips join the Technology panel.


Panel Information


ASEAN China India Japan Korea Healthcare Technology

ASEAN PANEL

Integration for Effective Competition

When the Association of Southeast Asian Nations (ASEAN) was formed, one of its goals was to accelerate economic growth, social progress and cultural development through joint ventures and partnerships in order to strengthen the foundation for a prosperous and peaceful community of Southeast Asian nations. Recently, ASEAN took another step toward this goal by accelerating the integration of eleven priority sectors, which included the healthcare, electronics and automotive industries. The objective of this is to attain deeper economic integration of ASEAN as well as to increase its competitiveness.

The ASEAN Panel of the 15th Asian Business Conference invites you to join us for a panel discussion with speakers from the Sampoerna and Lamoiyan Corporations. Our speakers will share their insights and experiences of doing business within ASEAN. We will also discuss how deeper integration will help companies in ASEAN compete more effectively with other Asian countries and with the rest of the world.

Moderator: Linda Lim, Professor of Corporate Strategy and International Business, Ross School of Business
Heads: Hock-lye Goh, Sumana Rajaretnam
Panelists:


CHINA PANEL

Beyond Cheap Labor: Growing Business Opportunities and Challenges in 21st Century China

In the year 2004, not only did China contribute to 27.7% of world economic growth, become third largest importer and fourth largest exporter, but also the country put behind the image of cheap labor and low tech products supplier, became new strategic market development for many multinational corporations. Businesses around the world started to realize the vast potential consumer purchasing power as well as the more and more favorable investment environment in this country with the largest population in the world. Meanwhile, a large group of domestic corporations are emerging to compete with western companies in China and in the rest of the world. Haier's 12% share of North America's electronic appliance market and Lenovo's acquisition of IBM PC business are signals of China's joining the world business community.

The panel will introduce the business opportunities in China from the perspectives of large multinational corporations as well as local enterprises. The presentations will cover both the strategic position China market is contributing to the global economy, and the challenges provided by these opportunities. We hope the panel will answer many audience's questions on why and how to do business in the largest emerging market in the world, and what China market/products mean to the rest of world.

Heads: Stefan Wu, Jinchuan Dong
Moderator: Bradley Farnsworth, Director, Center for International Business Education, Ross School of Business
Panelists:

  • Bruce Rutherford, Managing Director, Jones Lang LaSalle
  • Steven Chen, Director of Business Process Re-Engineering and e-Business Migration, Uni-President Enterprises
  • Jeff Prunty, Controller, Intel China

JAPAN PANEL

Ah, I see the light! Do you?

Finally, there is light at the end of the tunnel. After more than a decade's sluggish performance, Japanese economy, troubled by bad loans and the burst of speculative bubbles in late 80s, is finally showing signs of recovery and steady growth into the future. More companies are posting profit for the first time in years and consumer spending is on a mild rise. Yet on the other hand, deflation, aging society, and sharp appreciation of Yen against US dollar cast shadows on Japan's road to healthy recovery. These issues outline the current business environment in Japan and pose great challenges to companies conducting business in Japan.

This year on the Japan Panel, we are honored to have Delphi and GE as our panelists. Through panel discussions, we hope to provide our audience with a rare opportunity to learn more about how foreign companies have evolved and how their business practices have changed in Japan over the past decade. How did they adjust their strategies during the recession to respond to intensified competition and stagnant demand? How did they develop their business relations with local partners and customers to strengthen their position in the economy? What is their outlook on the business prospect in Japan and have they identified any newly emerged opportunities that they can leverage?

Both Delphi and GE have established strong presence in Japan. Delphi, the largest automobile component supplier in the world, has successfully penetrated into Japanese automotive industry characterized as Keiretsu, built close relations with prominent Japanese car makers and has been providing them with superior products and solutions. GE views Japan as a vital market only second to the US market in the world and have long-established operations in Japan, ranging from advanced raw materials to home appliances. Their attendance on the panel will no doubt help the audience learn more about the unique Japanese business environment and give the audience a first-hand elaboration on their strategies and practices.

Heads: Jeffrey Wu, Satoru Hisanaga
Moderator: John Creighton Campbell, Professor, Department of Political Science, University of Michigan
Panelists:

  • Arif Iqball, Asia Pacific Regional Planning Director, Delphi Corporation
  • Cynthia Tragge-Lakra, Global Director, Commercial Leadership & Development, General Electric Company

INDIA PANEL

The Rising Force and The Destination For The Future

Globalization is increasingly touching the shores of developing economies. It is taking deep roots and is here to stay. Investors and corporation worldwide are looking at new promising markets to sustain their growth. India with its immense talent and growing infrastructure has proven to be the destination of choice. Some key sectors that are driving the growth of the Indian economy are:

Business Process Outsourcing: BPO is the biggest success story of the country and India has monopolized the IT enabled services and BPO industry with an 80% share in the global market.

Manufacturing: While manufacturing is the lesser known success of the country, India has recorded tremendous growth in as many as 20 manufacturing sub-sectors that have each recorded more than 20% growth in the last year. The auto sector in particular has recorded an astounding growth of 32.7% over the last year.

Finance: With 97% growth in equity markets since March 2003, 300% growth in derivatives markets and low correlation with world markets, India is one of the hottest destinations for global capital.

Retail: One of India's sunrise sectors, Organized Retailing, is poised to transform the face of the $200 billion retail industry as multinational companies are vying to expand the mere 3% share of the organized retail sector.

Come and learn why these forces would continue to vault India into the global center-stage. The India panel will present a perfect opportunity to understand these sectors as we host speakers from each of these sectors.

Heads: Gokul Dixit, Swapnil Deshpande
Moderator: Dr. Gautam Ahuja, Professor of Corporate Strategy and International Business (CSIB), Ross School of Business
Panelists:


KOREA PANEL

A turning point to the stage of G-7?

What challenges await Korea as it takes its next great economic leap? How can Korea compete against a new level of fierce global competition? Korea has established itself as the world's top semiconductor manufacturer, the world's top five auto maker, and the world's broadband capital, but it is too early to celebrate. Korea Panel is honored to have three distinguished speakers to discuss the future of Korea, the land of the morning calm.

Head: Hae Young Lee, Juhan Paik, Jong Hoon Kim, Sungbo Shim, Byeong-Il Lee
Moderator: Meredith Woo-Cumings, Professor, Department of Political Science, University of Michigan
Panelists:


HEALTHCARE PANEL

Winning the Asian Healthcare Game: How Global Leaders Play the Odds

Market complexity, entrenched local competition, evolving regulatory landscape: they are just a few of the challenges facing the global healthcare companies as they are entering and growing the booming markets in Asia. The most successful companies have garnered an expertise that makes their viewpoints regarding the Asian market essential and immediate for anyone interested in the region and the field.

This year's Healthcare Panel features speakers from prominent market leaders: Baxter, Johnson & Johnson, and Pfizer. Our three speakers will share their insights in sustaining growth and success in the Asian healthcare markets.

Heads: Winnie Ho, Dakila Briones, Keiko Shiine
Moderator: Jersey Liang, Professor, University of Michigan School of Public Health
Panelists:

  • Lester Lee, Worldwide Vice-President, E-Business, Johnson & Johnson GATEWAY, LLC / Johnson & Johnson Health Care Systems Inc.
  • Wayne Heminway, Director, Global Pharma Business Development BioPharma Solutions Baxter International Inc.
  • Hiroshi Yamabe, Senior Manager, Product Evaluation Group - Dermatology, Worldwide Marketing, Pfizer Global Pharmaceuticals, Pfizer Inc.

TECHNOLOGY PANEL

Opportunities and Challenges in Asia

Let's face it. Thinking about technology is no longer just as easy as allocating an "annual budget." Successful companies have gotten over that mindset long ago and are leveraging technology as a sustained competitive edge. Whether you pursue sales, marketing, general management or consulting, as future business leaders we are going to have to come face to face with decisions regarding IT strategy.

In the era of globalization, new technologies are rapidly reshaping businesses throughout the world. With the Internet penetration rapidly on the rise, emerging economies in Asia are in the forefront of this transformation. In fact, some countries are adopting next generation technologies and leapfrogging into the future. The emergence of distributed knowledge-centric systems are enhancing information access, increasing productivity and resultantly improving the quality of the goods and services produced and consumed.

In order to remain competitive, it is imperative that businesses bring IT management strategy into the mainstream business strategy and constantly innovate to overcome IT management practices. This panel will bring together industry experts and practitioners to share their knowledge and experience in addressing how the convergence of information and communication technologies has changed the way companies in Asia operate today. So, join us at the ABC's Technology Panel and interact with some of the industries best, who have exhibited exceptional leadership and entrepreneurship in their careers.

Heads: Kapil Bansal
Moderator: Sendil Ethiraj, Professor, University of Michigan Business School
Panelists: