Archive for July, 2007

Learn English…Opps!…Chinese in Goldman Sachs

Friday, July 27th, 2007

The rest of the world is learning English for a buzz, but Goldman took different approaches. It needs its chief to learn Chinese instead.

“Goldman Sachs Group could not promote its co-head of investment banking in Asia to the post of chief executive of its Beijing joint venture because his knowledge of the Chinese language was too weak, three bankers at the firm have said.” from International Herald Tribune (July 13, 2007).

It is a trend of learning Chinese as important as learning English due to the economy booming, tourists surging, and culture exchanging. Chinese or China is such a buzz word in almost anywhere — from the major newspapers to most influential TVs, from economic forums to law seminars, and from leading universities to shadow streets. GS takes advantages of the golden opportunities to launch Chinese business by appointing executives with Chinese expertise.

The lesson for today is to learn the Chinese before or during your tenure at money-generating firms, such as Investment Bank Goldman Sachs. Chinese learning is also an investment for your financial future, the same as learning English.

Seeking help from Books

Saturday, July 21st, 2007

There is a fascinating article in Today’s New York Times with the title C.E.O. Libraries Reveal Keys to Success.

Actually great people always have something in common.

Venture Capitalist Michael Morit has his private library; NIKE founder Phil Knight got his library just back in his office. . . .

There are also other numerous leaders seeking help from libraries, books exactly. Books ignite ideas ignored by average people; words generate creativity out of touch; libraries provide world leaders with answers neglected by the world. The examples of such are countless: Winston Churchill “locked” him in his personal library to read before his return to power; Karl Marx “dived into” British library before he finished his Le Capital. Benjamin Franklin fled Boston to be an apprentice printer in Philadelphia, leading him to be one of the Founding Fathers of the US. Mao Zedong who took advantage of Beking University Library when he worked there before he took over China from Chiang Kai-shek. …

It can go on and on and on. Thus the take-aways is to make reading a low-hanging fruit to the extent in which you will be amazed now and be great in the future.