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Date: 16 October 2018, Tuesday
Time: 12pm to 2pm (Registration and Lunch starts at 12pm; Talk begins at 12.30pm)
Venue: John Owen Executive Room, Machester Business School, 55 Market Street, #05-00, Singapore 048941
China's economy has not collapsed as many have predicted for two decades: nor have most companies. Why not? Hugh Peyman's original approach is to locate China's overlooked X-Factor in the most unlikely of places - traditional Chinese philosophy. A process is created through which officials, entrepreneurs, families and individuals can find solutions to the constant stream of challenges and uncertainty. This is about the how, not the what. Policy and business plans are derived through a process not in isolation. Those that do not use it will fall behind.
In an increasingly disrupted world, everywhere is crying out for change, yet the West has no game book to help. Confiucian economies from Japan to Singapore have the Yi Jing, the Book of Change, and other components of traditional philosophy to assist managing change. These drove the Asian economic miracle but now its leaders need to renew themselves. So why not look at China?
Hugh Peyman identifies 20 Essential Ideas to manage change. Analysts, fund managers and financiers can use them to see which companies and governments make the most of them, be it in macro or micro research. This is not Chinese exceptionalism. Indeed far from it: the West used very similar ideas after 1800 to power its global economic dominance for almost two centuries but has lost them in the search for short-term solutions. be it in markets, economics or politics. Post-economic miracle Asia, post-Brexit Europe and culture wars-divided US all need to understand what for the fourth time in its history is driving China to become the world's largest economy. This starts with an understanding of change and how to manage change.
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