Chinese Scholar Wang Ruping Recently Released Business Compass and Held a Seminar

Chinese scholar Wang Ruping

Chinese scholar Wang Ruping recently released an analytical model named Business Compass, created by him, and held a seminar for it in Homerton College, Cambridge University. The model will be written in a book also named Business Compass, which is planned to be published by the end of 2019 and is seeking cooperation with the press currently. The masterpiece was updated from C-Model Management, which was published 10 years ago. Scholars and researchers attended the seminar from countries and regions like China, America, Britain, Portugal, India, Singapore, Taiwan and Hong Kong, etc.

At the seminar, Dr. Wang discussed his innermost thoughts and feelings he had while writing the book. Thanks to the solid theoretical basis from early university experiences, Dr. Wang had the chance to work as a manager in large enterprises such as Siemens, TCL, and LianTronics. Throughout his career, he never gave up exploration and reflection for management theories. In his identity transformation from manager to scholar, Dr. Wang realized the importance of innovating the business model and the urgency needed in providing a brand-new management theory.

Business Compass integrates the traditional Chinese wisdom to the western management quintessence, and puts forward the concepts of the “management of popularity”, “management of humanity”, and “balance of favorability”. Through the interpretation of the five dimensions of “trend, law, measure, implement and interest”, the book systematically and thoroughly establishes the “five elements” in corporate business activities. Featured by “invariation, variation and simplicity”, the five dimensions coexist, co-ordinate and inter-restrain, reflecting both the balance of corporate business and the imbalance of corporate growth. It demonstrates a different business way, profound maybe, but easy actually. Business Compass intends to seek the “variability and invariability” of the rules from business activities. As we all know, management is both science and art. The science can be copied while the art can be varied. Management results can differ a lot. Business Compass digests both traditional Chinese philosophy and modern management science, innovates corporate management tools, and further integrates them into a simple BC model, which provides new theoretical guide frame and diagnostic tools for the development of business under the new historical background.

During the seminar, Dr. Wang mentioned, “Business Compass is applicable for both Chinese and foreign enterprises. In fact, the book demonstrates the golden principle of achieving shared growth through discussion and collaboration advocated by the ‘Belt and Road’ initiative.”

In the seminar, the participants agreed that Business Compass has the significance of

enlightenment for both new economic organization model and business management theory studies.

Prof. Wang Dashu from Beijing University said, “We finally see a Chinese scholar standing in the academic palace of Cambridge with his new management theory architecture, not fully systematical, maybe, but indicating a dawn of Chinese academic society inevitably.” Prof. Stewart, the director for international education of Homerton College, claimed that the seminar is the first to discuss and release the innovative academic achievements integrating traditional Chinese philosophy and western management science in the history of Cambridge. Dr. Wang said, “I can fully feel their surprise in their unbelievable sights. In their ideas, how can a Chinese create such a business philosophy concerning the ‘management of popularity’ based on the idea of ‘being people-oriented’? But they ignored such ideas as being prevailed and influenced by numerous Chinese scholars and corporate managers in history.”

Business Compass makes the world understand China, her enterprises and her culture.

Source: Chinese Scholar Wang Ruping


Categories: Business Development

Tags: Business Compass, Cambridge University, Wang Ruping