Prof. Peter Lorange was tremendously happy about the event and so were the high-ranked CEIBS representatives Prof. Li Mingjun, Prof. Ding Yuan and Prof. Pedro Nueno who opened the summit with their welcome addresses.
The afternoon sessions were opened by Prof. Pedro Nueno
who spoke about Swiss innovations and entrepreneurship.
One reason for Switzerland's success includes among others its family business tradition.
Family businesses offer a long-term perspective and have a different cultural approach to success.
did not forget to add the high ethical social network of the country and said: "This sounds abstract but it means: you will not be cheated in Switzerland."
The following panel discussion with Prof Jack Denfeld Wood, James Breiding, Prof George Yip and Prof Pedro Nueno
provided answers to the question about the differences between China and Europe.
Pioneers from European business schools, like our European President, Pedro Nueno, had the entrepreneurial idea to establish in China a business school following the international model and to bring Western accumulated management practice to China to help the country to better develop.
We have been very successful in educating and developing competent managers for multinationals, SOEs and private companies.
"An increasing number of our alumni are doing business globally, so we have to better serve this group," explains CEIBS European President Professor Pedro Nueno.
"At the same time, the Chinese economy is growing larger and more complex and its impact on the rest of the world is undeniable; so it's time to better summarize and develop business theories and models, based on Chinese practices, and convey those messages worldwide."
Global since inception as a joint China-EU project, this is another initiative being driven from CEIBS' European
side to secure an operating base and global center for China-EU studies in Europe.
The Lorange Institute of Business Zurich's (LIBZ) business school operations have been bought by a non-profit organization registered in Switzerland, the Friends of CEIBS Foundation
The FCF was founded through generous donations by Professor Pedro Nueno (CEIBS European President), Professor Ding Yuan (CEIBS Vice President and Dean), CEIBS alumnus Cai Mingpo and other members of the CEIBS community.