Connecting Two Worlds
by Prof. Felipe Alfonso Over thirty years ago, in his seminal work “The Social Responsibility of Business Is to Increase Its Profits” Milton Friedman argued that business corporations had “no responsibilities other than to maximize profits for the shareholders.” Today, many academics and business leaders and the public at large dispute the Friedman doctrine. … Read more
Great Souls are Followed by Great Things: Chun Jin Suk, MBM 1979
By Gerard Ian De Sagun Chun Jin Suk, AIM Alumni Achievement (Triple A) Awardee in 1993 is one of Korea’s most successful banking executives, and is a true philanthropist at heart. He has spent the latter part of his outstanding career leading different banks that are part of the same organization, the Hana Financial … Read more
The Korean Factor
By Greg Atienza, MBM 1983 The AIM Asian Immersion Program of the Washington SyCip Graduate School of Business last September 2010 was a marvelous occasion to learn about a fascinating neighbor whose people are known for their intense fortitude resulting in an impressive economic growth that has been referred to as the East Asian Miracle. … Read more
Chaebols: Fueling the Growth of Korea’s Economy
By Harsh Sonawala, MBA 2010 South Korea had one of the world’s fastest growing economies from the early 1960s to the late 1990s. South Koreans refer to this growth as the “Miracle on the Han River,” basing it on the growth of Seoul. South Korea is heavily dependent on export and is the 8th largest exporter … Read more
Korea and Japan: Facing the Same Problems that Growth Entails
By Akie Seno, MBA 2010 Korea is one of the most familiar countries for me. I was exposed to the Korean culture and people many times with the image of Korea as the closest country to Japan in terms of distance, culture, and race. As soon as I arrived in Seoul, I was surprised about … Read more
Koreans in Campus
By Melissa De Sagun This year, AIM welcomes students from South Korea–Jaehoon Oh, Suk Hwan Kim and Jin Young Kim. They belong to MBA Cohort 6 and will be graduating in 2011. Jaehoon Oh earned his degree in Agricultural Economics from Korea University. Prior joining AIM, he has worked for Kumkang Corporation, a fashion brand … Read more
The Philippine-South Korea Free Trade: Bae Yong-Joon for Ensaimadas
By Alfonso Delgado, MDP 2001 Television dramas from South Korea are a hit everywhere! From Japan to China, Hong Kong, Taiwan, Southeast Asia, North and Latin Americas and even in the Middle East and Africa! Dubbed in the local languages of the importing country, Korean dramas have become so popular it now has legions of … Read more
Lose Weight, Eat Korean
By Sherbet Katigbak-Manalili, BMP 2005 Did you know that among the developed countries, South Korea’s obesity rate ranks the lowest? According to the Organization for Economic Cooperation and Development (OECD) poll in 2009, South Korea’s obesity rate is at 3.5%, followed by Japan with 3.9% percent, and the United States with the highest overall obesity … Read more
Stars in Their Eyes: South Korea’s Love Affair with StarCraft
by Regnard Raquedan, MBA 2001 Korea’s de jure national sport is Taekwondo, but ask Koreans what occupies their collective recreational time and the answer is most likely to be StarCraft. StarCraft is a wildly popular personal computer (PC) game in South Korea. The game has sold over 11 million copies globally and South Korea accounts … Read more
The Global Korean: Euh Yoon-Dae, MBM 1973
By Rommel Orbigo The global mindset of this highly distinguished Korean national aptly took root during his two years of study at Asia’s first global-standard management school: the Asian Institute of Management. Relating how he got to know and enroll at the Institute, Mr. Euh Yoon-Dae, MBM 1973 recounts, “At the time I was [working] … Read more
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