Stuart Beards, Executive MBA alum (2023) reflects on his experience on our one-week residency in China. The purpose of this residency is to enable students to appreciate what it takes to do business there, to work with Chinese companies and to develop supply chains. Stuart shares his key takeaways from the trip and offers advice to Executive MBA students embarking on the residencies.
International residency recap
The week-long residency at the Chinese University of Hong Kong (CUHK) Business School was an unforgettable experience. From engaging lectures to eye-opening site visits, the international residency provided me with the opportunity to explore the intricacies of operating an international business in China. Standout moments for me included site visits to ByteDance, BGI Group, and Guangzhou Xiaopeng Automotive, offering valuable insights into the dynamic business environment in China. Additionally, the residency featured an overnight stay in Shenzhen, China, providing us with the chance to witness classroom learnings in action.
Overall, my international residency in China was more than a learning experience, it was a transformative journey that expanded my global perspective, enriched my network, and left an unforgettable mark on my professional and personal development.
Developing a global perspective
The residency significantly broadened my understanding of global business and leadership. Immersed in the vibrant Chinese business landscape, it deepened my awareness of Chinese culture, providing a crucial cultural context for future global engagements. Additionally, the experience enhanced my knowledge of the Chinese economy, revealing its complexities and future growth prospects. The insights gained into strategies for external companies engaging with the Chinese market and suppliers were invaluable, offering practical knowledge that I believe will greatly benefit my career. Overall, the residency provided me with a well-rounded perspective essential for navigating the complexities of international business and leadership.
Key highlights
One standout session was the lecture by Professor Howard Lam, offering insights into how foreign companies access the China market. Professor Lam's wealth of experience at P&G, McDonald’s, and Coca-Cola brought marketing theory to life, connecting classroom learnings to real-world applications. Practical examples from Professor Lam's professional career also offered insights into the cultural awareness needed when operating a business in China.
The second notable lecture focused on Emerging Technology in China, presented by Dr. Toa Charm. This session provided an in-depth review of major technology players in China compared to their US counterparts, illustrating the momentum and strength of China’s Tech Start-up Ecosystem. Dr Charm’s personal insights from his senior management positions in business was a key takeaway for me.
Apart from the educational experiences, my most significant memory was strengthening friendships with classmates and immersing myself in the unique business culture of Hong Kong and China. It was not just a professional journey but a personal one, fostering lasting connections.
Exploring Hong Kong
The decision to travel early allowed me to explore Hong Kong and China with fellow EMBA22 students. CUHK curated an exceptional itinerary, seamlessly blending business and cultural experiences. From the vibrant streets of Hong Kong to the tech hubs of Shenzhen, the trip offered an all-inclusive view of China's diverse landscape.
Standout activities in Hong Kong included hiking up Victoria Peak, immersing myself in the vibrant markets, and visiting Tian Tan Buddha via a glass-floor cable car! In China, the key activities included a well-organised cultural tour along with exploring Shenzhen.
Advice to Executive MBA students
Seize the opportunity fully. Go early, stay late. Immerse yourself not only in the business aspect but also in the local culture. Be open to new ideas, diverse ways of working, and embrace the trip as a chance for both personal and professional growth.
Overall, my international residency in China was more than a learning experience, it was a transformative journey that expanded my global perspective, enriched my network, and left an unforgettable mark on my professional and personal development. As we continue to navigate an interconnected world, these insights will undoubtedly shape my approach to international business.