10. Windows Vista threatening the growth of PC industry

With the release of Windows Vista(The latest Windows by Microsoft), the Personal Computer Industry was expected to grow, however customers are raising their voice for problems they are facing with the new OS.

Usually when new OS is released, people purchase new computers according to the system requirement of the OS. Back in 2001, when Windows XP was released, there was huge increase in PC sales. Windows Vista was expected to bring similar outcome, however it decreased sales of computers in Korea due to many problems.

What are the major problems of Windows Vista?

According to the poll that was carried out by vista4beginners.com, the two major problems Vista had was lack of proper drivers and application compatability issues. The problem that most bothered the Koreans was the speed problems. Koreans found the Vista OS too slow in processing. Vista continously faces problems not only with application but also with web interactions. Some software and driver companies mention on their websites that their product is no compatable with Windows Vista. These issues resulted big firms to cancel their PC upgrade.

Major PC manufacturers such as HP, Dell, Samsung, LG use Windows Vista as basic option, and they are already in contract with Microsoft to provide Vista along with their PC. Therefore buyers are waiting for modified Vista with fixed problem.

reference : http://news.mk.co.kr/outside/view.php?year=2008&no=305564

10th Blog by #20200652

Korean banks are expanding into CIS

KEB Launched Office in Moscow

It looks like the banking sector of Russia has lured Korean credit institutions. Korea Exchange Bank has opened an office in Moscow, Shinhan Bank is buying a small bank here.

Korea Exchange Bank (KEB) that rates the fifth in Korea in size launched the Moscow office in late April. The bank specified via its web that it set to arranging establishment of KEB’s full-fledged subsidiary in Russia. People in KEB consider the chances of acquiring stakes in the capital of Russia’s retail banks, explained a top manager of western bank’s subsidiary, who had talked to KEB representatives.

The bank will start by consulting Korean companies and the companies of Russia that have business with Korean firms, KEB’s statement specifies. “KEB is well-known in Korea, it enjoys solid authority and has been long eyeing Russia’s market,” said Roman Khapaev, who is the general director at Hyundai Motor CIS, the exclusive importer of Hyundai Motor in Russia.

KEB is by far not Korea’s only bank that intends to expand in Russia. Korea’s second bank, Shinhan Bank inked the preliminary agreement to buy out Finasovy Standard (Financial Standard) bank in late past week.

Since Korean companies aggressively investing in to CIS economies, I am confident that Handong students can easily qualify for vacancies, since they are familiar with Korean business culture and also have knowledge of local expertise.

Entry #11, 20600793

Memory is very important in business.

Forgotten projects, misplaced business cards and failure to remember someone’s name are all factors that undermine your success. Missed opportunities are commonplace but need not occur. Memory is a skill we can all develop and it’s vital for creativity.

People often ask me what the link is between memory, speed reading, creativity and innovation. Well, if you can remember something you have read, discussed, observed or did six days, six weeks or even six years ago and link it to a situation now, you will be much more creative.

How do you develop your memory? It is simply a matter of imagination and association.
Just like when you observe that you parked your car in front of a big tree, you create an image and connect it to something concrete.

To remember that a client’s address is 963 High Street, imagine the sum 9 - 6 = 3 floating high up in the air.

Professor Scott Lincoln is very good at doing it. He can tell you the names of students who is taking his class, without looking at roll. He usually associates students names with some object, that's how he learns korean language as well.

I am pointing this out that most of the time Professor Lee brings examples so its very easy for us to recall it. As a matter fact I remember Steve Jobs visiting Xerox and after that starting his own company with unpatented invention of Xerox.

Entry #10, 20600793

Web 2.0

Ask a dozen tech pundits to describe Web 2.0 and you're likely to get two dozen explanations as to what it is. The precise definition remains open to debate — and in some ways, that's exactly the point. This much is clear: Web 2.0 represents an important shift in the way digital information is created, shared, stored, distributed, and manipulated. In the years ahead, it will have a significant impact in the way businesses use both the Internet and enterprise-level IT applications.

As the name suggests, Web 2.0 describes a set of next-generation Internet technologies. These protocols and tools make it easier to create online applications that behave dynamically, much like traditional PC-based software. They're also highly social, encouraging users to manipulate and interact with content in new ways. Web 2.0 pushes computing power off the desktop and onto the Internet, which means less time and money spent on PC software administration. As a general rule, Web 2.0 tools are also less expensive than traditional software — and many are even free. Because they're Web-based, all you need to get started is an up-to-date browser.

In a Web 2.0 world, instead of merely reading a newsletter, for example, you might begin to publish one of your own. If you're frustrated by the way your current software compiles data, Web 2.0 services can make it easier to display the data in a different way. Having versioning problems with shared documents? Web 2.0 allows groups of people to work on a document or spreadsheet simultaneously, while in the background a computer keeps track of who made what changes where and when.


In general, the key characteristics of Web 2.0 are:

• Web-based applications can be accessed from anywhere
• Simple applications solve specific problems
• Value lies in content, not the software used to display content
• Data can be readily shared
• Distribution is bottom-up, not top-down
• Employees and customers can access and use tools on their own
• Social tools encourage people to create, collaborate, edit, categorize, exchange, and promote information
• Network effects are encouraged; the more people who contribute, the better the content gets

Still confused? Then you should come to MIS class on Thursday, 2nd period at CE1, 114, there will be a big presentation on emerging technologies which includes Web 2.0

Entry #9, 20600793

Leadership

Have you ever feigned confidence to superiors or reports? Hidden the fact you were confused by the latest business results or blindsided by a competitor's move? If so, you've bought into the myth of the complete leader: the flawless being at the top who's got it all figured out.

It's an alluring myth. But in today's world of increasingly complex problems, no human being can meet this standard. Leaders who try only exhaust themselves, endangering their organizations.
There is a better way to lead: Accept that you're human, with strengths and weaknesses. Understand the four leadership capabilities all organizations need:

a) Sensemaking--interpreting developments in the business environment
b) Relating--building trusting relationships
c) Visioning--communicating a compelling image of the future
d) Inventing--coming up with new ways of doing things

Then find and work with others who can provide the capabilities you're missing.
Take this approach, and you promote leadership throughout your organization, unleashing the expertise, vision, and new ideas your company needs to excel.

Incomplete leaders find people throughout their company who can complement their strengths and offset their weaknesses. To do this, understand the four leadership capabilities organizations need. Then diagnose your strength in each:

Entry# 8, 20600793

9. Dress like a successful businessman

Dressing appropriately creates an image of a trust-worthy person. Hotel emplyees can guess approximate income of their guests by seeing how they are dressed.

President Sugawara is probably the most well known image maker consultant. He has consulted most successful CEOs and news anchors in Japan. According to Sugawara, the follwing must be kept in mind to create good image

1) Avoid shoes with worn off heels and have them polished

2) Avoid white or patterned socks

3) Do not pull your pants up all the way to your belly if you have big stomch and have them ironed

4) Wear dark tone jackets. It appeals leadership

5) The backside of the jackets should not have fold marks

6) The sleeve of the jackets must be approximately 1cm shorter than the sleeve of the shirt

7) Bright tone shirts, such as pink yellow is only for fridays right before the weekend

Apart from above suggestions, it is important to carry a pen with you, so that you don't borrow from others. Apart from dressing, it is also important to have claean hair style, short and clean nails, clean breath, accesories and a memo.

reference : http://blog.naver.com/gregchoi?Redirect=Log&logNo=140021027010

9th blog by 20200652

20600674 - Entry #9 (Wrapped for Success)

Take a look at this car's design. It's Matiz, a campact car built by GM Daewoo. To celebrate the 10th anniversary of the Matiz, the company held a design contest for the car's exterior. The grand prize went to a college student Shin Hye-kyung. She received 3 million won.

When I saw this design, I thought that it would be really nice if the car manufacturers would put these kinds of designs (chosen by the customer) on the car exterior. If the car manufacturers allowed customers to choose designs for their cars, then we could each have an individual car that is distinctive. ;) We could personalize it to our style and taste.