"Connecting"

Wharton Global Alumni Forum
Shanghai
June 3-6, 2004

Program Overview

Thursday, June 3, 2004

For those alumni who will arrive on Thursday evening, there will be a cruise along the Huangpu river, providing views of the world famous Bund. Complimentary shuttle buses will depart for the dock from the front of the Grand Hyatt at 19:30 and will return at 20:40. Local hosts will also arrange for dinners at some of Shanghai's finest restaurants, followed by walks on the city's world-famous Nanjing Road.

Friday, June 4, 2004

Plenary and Panel Discussion - Leadership Capital

Strong and effective leadership will be a critical success factor for China in the coming years. This panel will examine some of the experiences of professionals in the field as well as the needs for human resource management in Chinese and multinational businesses. The formal program will begin at the Grand Hyatt Hotel at 9:30am with a keynote address by Dr. Zhang Weiying, Professor of Economics, First Associate Dean, Guanghua School of Management, Peking University  This will be followed by a Panel Discussion. Panelists are:

• Peter Degnan, Director, Wharton Career Management
• Charles Tseng, WG'79, President Asia Pacific, Korn/Ferry International
• Grace Cheng, Managing Director, Korn / Ferry International, Beijing
• Bryan Huang, Hui, Senior Vice President Global, President of Greater China, BearingPoint
• Wharton Professor Linda Zhao will be the moderator of this panel

The seminar on Leadership Capital is sponsored by Korn/Ferry International and Charles Tseng WG'79

Opening Lunch

The Opening Lunch will take place at 12:30 PM on Friday, June 4, 2004 in the Grand Ballroom of the Grand Hyatt Hotel. The speaker is Philip F. Murtaugh, Chairman and Chief Executive Officer of GM China Group. The lunch is sponsored by St. Gobain/HanGlas.

Special Presentations

Following the lunch, Dr. Jeremy J. Siegel, The Russell E. Palmer Professor of Finance, The Wharton School will deliver a talk from 3:00 to 5:30 PM on personal investment strategies and the stock market, with special reference to the impact of China on the world's stock markets. This presentation is sponsored by The Wharton Foundation of Taipei.

Cocktails and Dinner

At 6:00 PM, executive coaches supplied by Shanghai Dazhong Group will take all participants from the Grand Hyatt across the Huang Pu River to the Shanghai Grand Theater, our site for both dinner and the evening's performance. The Shanghai Grand Theater, opened in 1998, is a magnificent performing arts center, located in People's Square, adjacent to the Office of Municipal Government and the Shanghai Museum. The theater's website is a good source of information on the building and can be reached at http://www.shgtheatre.com.

The evening's activities will begin at 6:30 PM with Cocktails and Dinner at the Shanghai Grand Theatre. We expect approximately 500 guests. Novel Enterprises Limited in Hong Kong will be the sponsor of the evening.

At dinner we will announce this year's raffle, which will support a charity selected by the First Lady of Shanghai. Tickets for the raffle will go on sale immediately.

Wang Jun, Chairman, CITIC Group, will deliver the Keynote Address.

Following dinner, the group will move to the theater itself for an exciting performance.

The performance is sponsored by Benny T. Hu, WG'78; CDIB BioScience Venture Management, Inc.

Post-dinner activities will include such options as a walk on Shanghai's famous Nanjing Road, concluding with a walk on Shanghai's equally famous Bund. Country "captains" from throughout Asia will organize activities for all compatriots who attend the meeting, assisted by local hosts.

Saturday, June 5, 2004

Plenary and Panel Discussion - China Megatrends

The program will start at 9:30 AM with a plenary session on China Megatrends. This session will feature Dr. Frederick Zuliu Hu, Managing Director of Goldman Sachs in Hong Kong, as the Keynote Speaker. The keynote speech will be followed by a panel discussion on the major trends that are expected to characterize China in the coming years. Panelists will include:

• He Yafei, Director General, Department of North America and Oceania, Ministry of Foreign Affairs, People's Republic of China. Beijing
• Chang Sun, WG'89, Managing Director, Warburg Pincus, Hong Kong
• Paul M.F. Cheng, WG'61, Independent Director and Private Investor, Hong Kong
• Stanley Hui, Chief Executive Officer, Hong Kong Dragon Airlines, Ltd.
• Zhang Xinsheng, Chairman, Brilliance Group

Based on a paper authored by Chang Sun, the discussion will include questions from panelists and members of the audience. Wharton Professor Marshall Meyer will be the panel moderator. Conference registrants will receive a short summary of the paper prior to the meeting.

Coffee Break and Networking

Following the conclusion of the China Megatrends plenary and panel, we will take a short break to allow conference participants to engage in their personal version of the theme, "Connecting".

Plenary and Panel Discussion - China's Unique Banking System

The next Plenary and Panel Discussion will focus on China's unique banking system. Mr. Jiang Jianqing, Chairman and President of the Industrial and Commercial Bank of China, will give the Plenary Address. Following Mr. Jiang's speech, there will be a panel discussion. Panelists will include:

• Weijian Shan, Managing Director, Newbridge Capital, Hong Kong
• Jesse Ding, President, Taipei Bank
• Wang Shihao, Senior Executive Vice President, Bank of Shanghai
• Dan Bogler, Asia News Editor, Financial Times, Asia
• Jonathan B. Kindred, Managing Director, Fixed Income Division, Morgan Stanley
  Tokyo
• Wharton Professor Franklin Allen will be the panel moderator

The banking panel will be sponsored by Fubon Financial.

Lunch and Presentation of the Wharton Infosys Business Transformation Awards

We will break for Shanghai cuisine at lunch, followed by the presentation of the 3rd Annual Wharton Infosys Business Transformation Awards. Dean Patrick T. Harker will be the host for the lunch. The awards will be presented by Mr. Narayana N. R. Murthy, Chairman and Chief Mentor, Infosys Technologies Limited.

Lunch will be sponsored by RGM International and its Chairman, Mr. Sukanto Tanoto.

Concurrent Afternoon Panel Discussions

The concurrent afternoon panel discussions will focus on three subjects of great interest to alumni from throughout the region. One panel will explore the fast-changing dimensions of Foreign Direct Investment. The second panel will involve an examination of the tremendous growth of the Chinese export sector and the concurrent hollowing out of industry in other countries around the world. The third panel will focus on risk and current theories about mitigating risk in low probability but high consequence disasters, including SARS. The panel discussion are sponsored by INSEAD.

Panel #1: Foreign Direct Investment in China

FDI in China is a high priority for many industries, countries and companies. There are as many stories of spectacular failure as there are of dizzying success. Katsutoshi Takeda, Chairman of Mitsubishi Corporation China, will give the Keynote Address, which will be followed by a panel discussion on FDI in specific industries. Experienced investors from a variety of industries will be present to share their successes and failures. Once again, we will focus on the conference theme of "Connecting", in this case among and between alumni interested in FDI in China. Current panelists are:

• Zhu Xiaoming, Deputy Director, Standing Committee, Shanghai People's Congress
• Huang Feng, Deputy Director, Approval & Administration, Shanghai Foreign Economic Relations & Trade Commission, Shanghai Foreign Investment Commission
• Sukanto Tanoto, Chairman, RGM International, Singapore
• Jason Hsuan, Managing Director, TPV Technology, Taipei
• Don C. Yeh, Managing Director, AsiaVest Partners, TCW/YFY (Taiwan) Ltd.
• Simon MacKinnon, President, Corning Greater China, Shanghai
• Wharton Professor Witold Henisz will be the panel moderator

Panel #2: China: The World's Workshop

We will hear from executives who anticipate the further "hollowing out" of industry in their countries. We will hear from Chinese executives, who are in the midst of one of the world's greatest boom industries, namely the transfer of manufacturing and service functions from around the world to the inexpensive and highly skilled Chinese marketplace. Finally, we will hear from representatives of countries and industries which already anticipate another wave of change, this time transferring manufacturing to countries with even lower costs than China, such as India, Cambodia and Vietnam. Panelists will include:

• Diane E. Long, Vice President, China Strategic Sourcing Initiative and General Manager, Shanghai, Liz Claiborne International, Ltd.
• Kim Chang, President and Chief Executive Officer, Fuji Xerox Greater China
• Grant Zhou, Vice President / General Manager, China Mobile Phone Operations, Samsung
• Chanthol Sun, AMP'97, Member of Parliament, National Assembly of Cambodia
• Wharton Professor of Management Stephen Kobrin will be the faculty moderator of this panel.

Panel #3: Interdependent Security

The third panel will focus on an issue that is of enormous importance to China, namely the interdependency of security and risk problems. The panel will explore and discuss the actions that your firm can take to reduce the risks from potentially catastrophic risks, including insurance, third party inspections, well-enforced regulations and standards promulgated by the government or industry trade associations. Special emphasis will be placed on SARS as an example of a low probability but high consequence event. Current panelists include:

• Yang Xiaodu, Vice Mayor, Shanghai Municipal Government
• Kennedy Wong, Managing Partner, Philip K.H. Wong, Kennedy Y.H. Wong & Co., Hong Kong
• Wharton Professor Howard Kunreuther will be the faculty moderator

Panel #4: The Wharton Global Family Alliance (WGFA)

Open Forum: Family Branding and Marketplace Advantage

Family businesses are uniquely well positioned to address intense marketplace competition and volatility by using strengths drawn from their family heritage and value systems. This unique interactive session is designed to enable intensive dialogue and exchange of ideas and experiences among participants on this and other topical issues of concern to family businesses. Examples include topics such as the elements of transformational leadership that build wealth and create the foundation for sustainable value over generations; trans-generational knowledge transfer; the effects of family ownership, management, and control on your family firm's value; and the impact on value of alternative control mechanisms.

Gala Banquet

We will break from the afternoon panels in time to give the participants a chance to rest and prepare for the evening's activities.

The evening will start with cocktails followed by dinner in the Grand Ballroom. The winning tickets for the raffle will be drawn at dinner.

The reception and banquet is sponsored by TPV Technology and its Chairman, Dr. Jason Hsuan.

Mr. Zhang Ruimin, Chairman of Haier Group in Qingdao, and Chen Liangyu, General Secretary, CPC Shanghai Committee, will be the Keynote Speakers at dinner. Haier Group was recently named the "Best Firm in China" by the Far Eastern Economic Review. Haier was rated #1 in "High Quality Services/Products", "Innovative in Responding to Customer Needs", "Long-Term Vision", and "Companies that Others Try to Emulate".

Dean Patrick T. Harker will present the Wharton School Dean's Medal to a distinguished business statesman.

Following the Gala Banquet, we will again schedule interesting and unique opportunities for meeting participants to sample Shanghai's varied nightlife. As with Friday night's activities, country captains will organize activities in conjunction with local hosts.

Sunday, June 6, 2004

On Sunday, we will schedule optional extensions for conference participants. For golfers, we have scheduled a tournament. For those interested in Chinese art and culture, we have scheduled a tour of a variety of important centers in Shanghai, including the Shanghai Art Museum. For those wishing to visit other parts of China, we will arrange for tours to Suzhou, Beijing, Xi'an, or any other location.