Word: asianization
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...Asian executive suite is infamous for being clubby, insular and resistant to outsiders, especially foreigners. But urgent commercial realities can alter the most ingrained management mind-set. There's been a recent series of surprising changes at the top of well-known regional companies. It's too soon to call it a trend, but there appears to be greater willingness to shake up corporate habits by bringing in outsiders, at least among a handful of companies that compete in fast-moving global markets...
...Asian companies will likely take on more outsiders as CEOs and directors in coming years as they strive to improve management and compete on a global scale. But the process will be painfully slow. Many major Asian firms are controlled by families or a single dominant shareholder, patriarchs who feel little pressure from minority shareholders to bring in fresh blood, no matter how badly the company may be performing. Sony is an exception?its directors and senior executives hold just 0.12% of the stock, which is widely traded in Tokyo and New York...
...pulled so tight she looks as if she's going to explode. Another kid is a portly know-it-all with a sinus condition and a special trick of spelling his words silently in advance--by tracing them on the floor with his foot. Then there's the overachieving Asian girl who objects to being introduced as someone who speaks five languages. Actually, she says a bit resignedly, it's six. And, she wonders, do the notes about her also "say that I only sleep three hours a night, and I hide in the bathroom cabinet...
Rice's travel routine is grueling. Her 15-hour days typically start at 5 a.m., when she hits the elliptical machine in her hotel's fitness center. After her Asian tour (which will take her to Afghanistan, India, Pakistan, Japan, China and South Korea), she will attend a meeting next month in Santiago, Chile, on emerging democracies. Rice has visited eight NATO nations, and by summer, she or her deputy, Robert Zoellick, plan to travel to the remaining 17. By then, she may be ready to tackle Wilkinson's list. --By Elaine Shannon
...sign of how tense this campus has become. For nearly six months now, a cloud of controversy has hovered over Morningside Heights, the quiet uptown Manhattan neighborhood that is home to Columbia. At the center of the storm is the school’s Department of Middle East and Asian Languages and Cultures (MEALAC), a small unit of 20 full-time professors, some of which have come under fire for allegedly fostering academic intimidation in their classes...