First calmat MBA Graduate Ceremony on June 5th, 2011

Today is the big day for all of us.
After almost 2 years study, we finally face to the happy moment, the graduation date.
The ceremony is held in our library, the room is decorated by American flag, CALMAT flag, Professor Eric Tao, Professor Samuel Tong and Professor Tony Lima and Prof George Gium.
We hear the speeches from professor Eric Tao, who is our best professor in Calmat and also main founder of CALMAT, who always encorage us.  I still remember when we were doing our class presentation, he was seating there, smiling and listen very carefully, he encorage us a lot, and set a good model for all of us. He is the most diligent professor I have ever seen. He often remind us " you take care of each other", when he notice most of us have full time job with very busy schedule, no time to talk to each other.
Prof Samuel Tong, who is also a raw model for us, if you go to youtub to search calmat taxation, all his class video have been posted there, his class is highly effective, you could learn all the key points / concept in his class. We enjoy his class, we have laugh all the time. Same as Prof Tony Lima, who always tell us some joke which is very impressive. Prof George brings us DVD to share with us the top secrets of sucess of big companies, for example, McDonald, WalMart, and Starbucks, etc. which are very helpful.

I have a good memory of studying in calmat.
Best wishes for calmat to be sucessful in the future on the way.

Evelyn Song

BUS585 Taxation CP1

Dear all,

It is a tax season now, I post one case study result for you to help you understand how the deduction is important.
http://www.youtube.com/watch?v=IfpKGQa_u34

Thanks,

BUS600 how OTHER people will characterize you as leader? Using the VCM model

The leadership VCM model:
There are 3 characteristics, Vision, Commitment and Management Skill are part of leader's personal profile.
The reason leadership is important because it involves a set of interpersonal influence processes. Balanced VCM is critical for success, because it aim at motivating subordinates, creating a vision for team's future and developing strategies for achieveing goals.

Below I paste a reference - it is summary of the article of by Daniel Goleman, from Harvard Business Review

Harvard Business Review Article

What Makes a Leader? (HBR Classic)

When asked to define the ideal leader, many would emphasize traits such as intelligence, toughness, determination, and vision--the qualities traditionally associated with leadership. Often left off the list are softer, more personal qualities--but they are also essential. Although a certain degree of analytical and technical skill is a minimum requirement for success, studies indicate that emotional intelligence may be the key attribute that distinguishes outstanding performers from those who are merely adequate. Psychologist and author Daniel Goleman first brought the term "emotional intelligence" to a wide audience with his 1995 book of the same name, and Goleman first applied the concept to business with this 1998 classic HBR article. In his research at nearly 200 large, global companies, Goleman found that truly effective leaders are distinguished by a high degree of emotional intelligence. Without it, a person can have first-class training, an incisive mind, and an endless supply of good ideas, but he or she still won't be a great leader. The chief components of emotional intelligence--self-awareness, self-regulation, motivation, empathy, and social skill--can sound unbusinesslike, but Goleman, cochair of the Consortium for Research on Emotional Intelligence in Organizations, based at Rutgers University, found direct ties between emotional intelligence and measurable business results.

BUS600 business analysis - Bench mark competitor

Dear Sir,

Please find my business analysis at below link, the topic is Bus600 - bench mark competitor, let me know if you have any comments.

http://ulearn.calmat.us/blog/index.php?userid=71
Thanks, Evelyn

BUS600 Ethics

Topic on Ethics dilemmas - Social responsibility vs maximizing profits
From Wikipedia, Social responsibility is an ethical ideology or theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large.
But in reality, many corporations care more about maximizing profits of their stakeholders, they claim a profitable business could create job, pay taxes which could support government's social activities. On the other hand, some industries' product could bring harmfulness to human being.
For example, cigarette industry in China, is very popular and is one of major income of local government because of higher tax. In many poor area, especially mountain area, majority of blue collar workers have heavy smoke habits, which is the only way to relieve them from long hours' & intense work load; Smoking could induce lung disease or even cancer, suffering such disease, they could only wait for death, no money to go to hospital. Now some improvement from Chinese government to set up aid for poor people, but the fund is far from sufficient to cover all poor people need. Those people are the victim of cigarette industry. Statistical data shows the smokers' age trends down, younger, which makes me worry a lot.
What can we do?

My SWOT

Strength: goal driven, good understanding of technology, highly discipline
Weakness: lack of humor, presentation skill
Opportunity: program / project manager
Threat: knowledge / technology out of date

BUS516 Entrepreneurship

Reading Chapter 1.5 Economics, the entrepreneur and productivity:
"Society, operating at its best, works through entrepreneurs to effectively manage its material, environmental and human resources to achieve widespread prosperity."
"The entrepreneur turns a social problem into an opportunity, a productive organization, and new, well-paid jobs. Productivity growth is important since it provides all the increases in people's standard of living."

Thinking of California, silicon vally, there are many entrepreneurs, many successful stories, start-ups, e.g. Yahoo, google, apple, ebay, in united states, the best environment for economic activity, why is un-employment rate as high as 12.4%, the highest across country? How come the California state goverment is going for bankruptcy? What is wrong with it?