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迎新派對

朋友們：
敝舍除夕迎新年派對的菜單，先睹為快：
鵝肝醬法飽
意大利風乾火腿蘆筍卷
三文魚忌廉脆餅
羅馬沙津
德國啤酒腸
燒羊架伴薯菜
蜜汁豬肋骨
鮮蝦肉醬螺旋粉
燒雞翼
沙嗲雞串
壽司
藍莓芝士撻

酒水有 France Brut, Italy Red, Sparkling Wine；別忘了我們的傳統：BYOB (Bring Your Own Bottle, 酒精10%或以上唔該)
還有什麼願望只管想，不要對我說啊。
萍果小姐

Christmas Risk

2006 MBA X'mas Party

http://picasaweb.google.com/josephckchu/HKUSTMBAChristmasParty2006

Little potato

Decent, Delicious, Delighted...

The STEAK HOUSE winebar + grill

Cheese – Tête de Moine – very good, salty and firm texture
http://www.directoalpaladar.com/2006/03/31-tete-de-moine
Arrowfield Reserve Cabernet Sauvignon
10 knives to choose.
12 different flavours of mustard.
8 types of salts to select from: Cyprus Flake; Gris de Guérande; Himalayan Pink; Alaea Hawaiian; Murray River; Ittica d'Or Sicillian; Peruvian Pink; Chardonnay Oak Smoked
http://www.artisansalt.com/products.html

Managerial Accounting - "The Goal: A Process of Ongoing Improvement"

Jonah, takes a puff on his cigar, and tells Alex that –
In a sequence of dependent events … in combination with statistical fluctuations:
· Dependency limits the opportunities for higher fluctuations;
· Not averaging out of fluctuations but an accumulation of the fluctuations;
· Identify constraints (bottlenecks), develop measurements (throughput)

Alex Rogo – plant manager for UniCo ; Jonah – physicist / scientist ; Ch 4 – intro ; Ch 13 – essence

Author - Eliyahu M. Goldratt

Managerial Accounting and Managerial Microeconomics

Three and a half inches thick !

Econ buzzwords: marginal cost/revenue, customer value model, value-added, minimum efficient scale, market power, monopsony, double mark-up problem, profit-maximizing price, coopetition, game theory, Nash equilibrium, ...

Corporate Governance by Kenneth A Kim, John R. Nofsinger

It focuses on the various incentives within the governance system, helps explain recent problems and scandals, and puts potential solutions into context.
The most fascinating part is how Enron uses complex SPEs.

One Minute ...

* People Who Feel Good About Themselves Produce Good Results.

* The Best Minute I Spent Is The One I Invest In People.

* We Are Not Just Our Behavior; We Are The Person Managing Our Behavior.

* Goals Begin Behaviors, Consequences Maintain Behavior.

The Story Of The Present

You Cannot Change The Past, But You Can Learn From It.

When The Same Situation Arises, You Can Do Things Differently.

"Success" Is Becoming Who You Are Capable Of Being And Progressing Toward Worthwhile Goals.

Each Of Us Defines For Ourselves What It Means To Be Successful.

Business Statistics and Financial Accounting as starters...

"Free" textbooks ... "business statistics" and "Cases in financial reporting", were picked up from the bookshop. Just realized that the bookshop is now run by Commerical Press, no longer Swindon.

Experiential Learning Program out of the Xbox - stretched the limit

High V, Giant Ladder, Hit the ball and Balanced beam are the 4 excellent ELP games which Microsoft can never put them inside Xbox.

What Doesn't Kill You Will Make You Stronger

Survived the Residential Program ...
First day: worked till 1am
Second day: 7:15am to 2am
Last day started earlier than the sunrise... very tough.

see KxCracker team at http://kxcracker.blogspot.com

Despite the daunting outlook [of the 5kg readings] ...

... progress turns out quite well in the past 2 weeks.

Give people plenty of leeway to devise their own means – Visionary Leaders

Daniel Goleman distinguishes 6 styles of leadership - Visionary, Coaching, Affiliative, Democratic, Pacesetting and Commanding.
Leadership styles are like the array of clubs in a golf pro’s bag. In a game, the pro picks the clubs based on the demand of the shot. Sometimes he has to ponder but usually it is fairly instinctively. The pro senses the challenges ahead, swiftly pull out the right tool and elegantly swing it. That’s how high impact leaders operate, too.

IS MANAGEMENT A PROFESSION ?

• Alec Horniman, Univ. of Virginia - "a profession has a set of standards that are defined, recognized, and acknowledged which implies the right way for the profession to be practiced"
• C. William Thomas, Professor at Baylor Univ. - people who practice in a profession are "franchised by the public to perform a particular service"
• Louis Brandeis, Supreme Court Justice - a profession is an occupation that is "pursued largely for others" and for which "financial return is not the accepted measure of success."
• David Vogel, UC Berkeley - "management is not a profession and is unlikely to become one." If management were a profession, managers "would not be allowed to practice unless they were certified, but how could something like this be enforced? Would this mean that Bill Gates - who did not even graduate college - would not have been allowed to start or grow Microsoft?"

Case study - this is not fiction

Case study - this is not fiction.
(Chapters 1,2,3,4,6 were done.)

• "By putting oneself in the shoes of various decision makers, it is rehearsing the future career."
• "Cases give you the chance to practice the art as well as the science of management in a laboratory setting, with little corporate and personal risk involved."

MBA Program Registration Day - July 22

Ouch, 5 kg of readings arrived home, where to start? Sitting in front of me are the 4 cases, 7 articles, 2 textbooks and 1 handout. These are all supposed to be finished before the residential course MGTO 521 starts August 18, for 3 days locked up in a remote hotel. I reckon I need to download and install a module for speed reading... let me google some suitable modules.
Ai yo - what is "93122629"? Shouldn't I get one which has prefix "06"?

Tsunami in reef tank at home

Following the 2 weeks’ work in lower Manhattan, New York (6/18-30), I was vacationing in Washington D.C. and Philadelphia (7/1-8). After I am back home on July 9 evening from this 3 week trip to US, I believe there had been a severe tsunami inside my 24”x12”x9” reef tank at home. All 3 fish dead, 3 shrimps cooked, green algae grew dark and hairy, and water was ammonia-contaminated, de-oxygenated and covered with a thick layer of protein giving out strong smell of flesh. The ammonia alert indicator re-emphasized the hopelessness for any living things. Standing there and looking at the fish tank, I noticed that the bio-filtering system was unplugged [so bio-recycling has not been operating for weeks]. I could instantly certify there was no hope (and no need) at all to rescue anything inside the reef tank. I just let them decay till I have time to clean up the aftermath. I decided to seal the tank with cling wrap. Usually I only cling wrap un-finished tiramisu but this time the smelly reef.

July 15, 2006, Saturday, 10:30am - the reef tank is being dismantled. The whole life-span of this reef-keeping hobby/project is 18 months, since January 12, 2005 when I brought my fish tank home. Totally 350 liters of water and 8225 grams of salts were used to do 24 water changes. Unaccounted amount of reef supplements, fish food, pH stabilizers and nitro-bacteria were mixed to the water throughout the life-span of the project. Many habitants have been around for more than 9 months and the Lawnmower Blenny has been around for 16 months.

New York

New York, Washington D.C. and Philadelphia

Following the 2 weeks’ work in lower Manhattan, New York (6/18-30), I was vacationing in Washington D.C. and Philadelphia (7/1-8).