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Dispelling the Myths of Entrepreneurship This past spring, Yuka Nagashima, president and CEO of LavaNet, Inc., paid a visit to JAIMS to speak about her experiences as a successful entrepreneur in Hawaii.
–There are always people who have money they want to invest,” she said. –Itês not that hard.” The other myth is that you need to have a brilliant new idea for a business. –Your idea doesnêt have to be new,” Nagashima explained, –it doesnêt necessarily have to be brilliant. You just have to have good implementation. What you need for any business is good implementation and good people.” LavaNet has always adhered to what may be considered as nontraditional business practices. Influenced by the local Hawaiian culture as well as her own Japanese culture, Nagashima encourages staff participation in many levels of decision making in order to build the feeling of Ohana, or family, within the company. An example of this would be LavaNetês hiring practices where applicants are screened by a staff group interview and where applicantsê references are given more weight than educational degrees. –We at LavaNet look more at an applicantês experience and potential more than anything elseãeven degrees,” said Nagashima, who holds a degree in physics rather than business. For anyone who finds themselves at a disadvantage due to education, gender, or anything else, Nagashima offered these words, –Being an entrepreneur means that when you encounter a problem, you donêt see a problem, but you see an opportunity. If you are faced with a disadvantage, turn it around and see what you can do and use that to your advantage.” To the aspiring entrepreneurs in the audience, Nagashima also advised that money should not be the reason to start a business. –If youêre going to start a business, youêve got to love what you do and that in itself should be a reward. Itês a lot of hard work, but you do it because you consider it funãif you donêt consider it fun, I donêt advise that you get into it.” LavaNet is Hawaiiês largest locally owned Internet service provider due in part to Nagashimaês leadership. LavaNet sells high speed and traditional Internet services to the general public, including businesses, Hawaii state offices, and schools. Nagashima, herself, was named a finalist for the Ernst and Young Entrepreneur Award in 1999 and has been featured in numerous magazine and newspaper articles, such as –Women Who Mean Business” and –40 Under Forty,” an award celebrating the accomplishments of young business people. JAIMS Crowned Champion of Industry on National Television Those tuned in to the right time and station this summer, were able to view a television program featuring JAIMS as a –champion of industry.” JAIMS was honored to be featured by the Champions of Industry video series known for featuring –the best and brightest companies in todayês global marketplace.” The video series aired on the Fox Cable News Channel to a nationwide audience on August 2, 2001 at 7:30 a.m. Hawaii Standard Time. Hosted by Pat Summerall, the video series showcases –companies and organizations who stand apart in their respective fields due to their goals, commitments, and achievements.” JAIMS was notified it was chosen for this honor earlier this year and video segments were shot on location last April. The segment featured shots of the JAIMS campus and interviews with students, administration, and business community leaders. For those who were unable to tune in, the video is available at IndustryView.com under –Champions of Industry.” In addition, visitors to the JAIMS Website can view the JAIMS video segment online. Building
JAIMSê Legacy Dear alumni and friends, For nearly 30 years, JAIMS, as a product of Fujitsuês foresight, has been bringing people together¾from different cultures to study how to do business¾in each otherês country.¾ Next year marks JAIMSê 30th anniversary, and we have much to¾celebrate and¾share.¾¾The¾30th anniversary celebration allows us to thank Fujitsu, our many supporters, and our partners who have helped to make JAIMS what it is today. In commemoration of¾the 30th anniversary celebration, we are launching a two-year educational endowment¾campaign to¾raise funds to help students and to perpetuate¾academic enhancements.¾ A campaign brochure has been included with this issue, and we hope that you will take some time to read¾about our goals and become motivated to help us in building this endowment. Often, any small margin of help can bring an esteemed scholar or executive to our shores. Finally, we owe a large part of our success to the JAIMS staff who are focused on providing –Total Excellence” to our students and clientele.¾ Although the journey has been challenging, the satisfaction gained from seeing our alumni and the many fine companies they work for is more than ample reason to keep striving through dedicated teamwork. I hope you will join all of us in celebrating the 30th anniversary at the Alumni Conference planned for the first week in July 2002.¾¾It will be wonderful to see our alumni¾come home to JAIMS, and¾to have our friends join us in this historical event. With kindest regards and aloha, Glenn Miyataki JAIMS 30th Anniversary Calendar The following calendar is tentative as of September 2001 and is subject to change. November 2001 April or May 2002 April 2002 July 2002 October 2002 November 2002 Leadership for the New Economy This past spring, JAIMS students were pleased to welcome Vice Admiral Robert Kihune as a guest speaker for a special session on –Leadership for the New Economy.” Currently a trustee of the Kamehameha Schools, Kihune had much to say to the audience of students and staff on the qualities of leadership. –Leadership really is an invisible strength,” Kihune said. –It really is as mysterious as is powerful. Leadership is colorblind. It doesnêt care whether youêre black, yellow, white, or what. There is no gender bias. You can be a woman and be a leader, as well as you can be a man and be a leader.” Kihune wanted to stress, especially to the students in the audience, the qualities of what he believes makes a leader. –If you want to be a leader, first of all you must have the trust of the people,” he said, –you have to have their confidence that you will be working for them. Secondly, you have to have the integrity to do what is right. If you cannot do what you think is right, donêt compromise.”
Vice Admiral Kihune was born on Maui, and is a graduate of the Kamehameha Schools and the U.S. Naval Academy. He retired from the U.S. Navy after serving 35 years. He currently serves as a trustee of the Kamehameha Schools, the CEO of Sandwich Isles Communications, Inc., and the president of the USS Missouri Memorial Association. Fujitsuês Full-Tuition Scholarship Available for Up-and-Coming Global Managers
On July 1, 2001 the Fujitsu Asia Pacific Scholarship (Fujitsu Scholarship) program began accepting applications for the 2002-2003 program. Scholars from Hawaii and selected countries of the Asia-Pacific will receive full-tuition and a stipend toward living expenses for postgraduate education and cross-cultural management training available at JAIMS and the University of Hawaii at Manoa (UHM) College of Business Administration (CBA). Established in 1985 by Fujitsu Limited, the Fujitsu Scholarship is available for three programs:
The JEMBA and CHEMBA program is a cooperative venture of JAIMS and the UHM CBA. The ICMP program is exclusively offered by JAIMS. These programs focus on cross-cultural studies, communication and language skills, and business strategies relevant to their country of study: Japan, China, and the U.S. respectively. As a reflection of Hawaiiês own cultural diversity, scholars have come from many countries in the Asia-Pacific to study in Honolulu. The scholarship is available to citizens of several countries: Australia, Cambodia, China, Hong Kong, India, Indonesia, Korea, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, and Vietnam (special conditions apply to citizens from China, Myanmar, and Vietnam). In addition, the scholarship is also available to the residents of the state of Hawaii. Roxanne Kam, manager of academic services at JAIMS, believes that the Fujitsu Scholarship is a key opportunity for up-and-coming managers from Hawaii to excel in the global market. –With Hawaiiês location between the East and West, Hawaii residents should definitely take advantage of the Fujitsu Scholarship and enroll in one of the MBA programs, JEMBA or CHEMBA,” Kam said. With over 200 Fujitsu Scholarships awarded in the last 16 years, many companies in the U.S. and overseas have hired past scholars. Included are companies recognized as global leaders in their industry such as Johnson & Johnson, Hewlett-Packard, Goldman Sachs (Japan) Ltd., Citibank Hong Kong, Honda R&D Co., Ltd., Edward Jones Investment, Cisco Systems (USA) Pte. Ltd., and Sun Microsystems. Individuals who wish to apply for the Fujitsu Scholarship will need to submit all relevant application materials by October 31, 2001. For more information, please visit www.fapsp.com or contact your local affiliated Fujitsu office. to JAIMS staff member Sachiko Burke who recently became JAIMSê new Human Resource Development Specialist. JAIMS Designated Honolulu TOEIC Open Test Site Individuals who wish to take the Test of English for International Communication (TOEIC) now have the opportunity to do so at JAIMS. JAIMS has been given the distinction of being the Honolulu TOEIC Open Test Site by TOEIC Services America, L.P. The TOEIC, the worldês most recognized English language test, will be administered at JAIMS on September 29, November 3, and December 1, 2001. With more than 1.9 million TOEIC tests administered each year, there has been a growing demand for Open Test sites across the U.S. In response to this, TOEIC Services America, L.P. has been actively looking for new Open Test sites, designating just one site for most U.S. cities. JAIMS joins the ranks of 16 other Open Test sites across the U.S. with this distinction. The TOEIC allows individuals to assess their ability level and to monitor their progress in learning English. In addition, the TOEIC provides an internationally recognized Certificate of Achievement credential demonstrating English proficiency to companies, employers, colleges, universities, and International English Programs. The fee for taking the TOEIC is $65. For registration information, you may call TOEIC Services America, L.P. at 607-748-9500, e-mail info@toeic-usa.com, or visit their Website at www.toeic-usa.com. Individuals who complete the test will receive the Official TOEIC Score Report in addition to the official diploma quality TOEIC Score Certificate. No Job Too Big for JAIMS Career Services JAIMS has begun to offer career services to students and alumni who seek a competitive edge in the global business arena. Although still in its early stages, JAIMS Career Services will soon offer job search assistance, job bulletins, job skills workshops, and career resources. Not only will students and alumni receive help in finding employers, but alumni with established businesses will be able to search for employees through job-posting services provided by JAIMS. To take advantage of the Internet, JAIMS Career Services plans to provide all information online for JAIMS students and alumni in the near future. If you have any questions or would like to take advantage of JAIMS Career Services, please e-mail , call 808-396-7127, or fax 808-396-7112. Global Business Knowledge a Few Clicks Closer
While additional materials such as the supporting documents must still be mailed in, the online applications help to streamline the process for both the applicants and recipients. For more information on application requirements and deadlines, please visit the JAIMS Website at www.jaims.org or the Fujitsu Asia Pacific Scholarship Program Website at www.fapsp.com. If you have any questions regarding the online applications, please e-mail . September 29, 2001 November 3, 2001 December 1, 2001 Coming up in 2002... ICMP: A
Mechanism for Personal and Global Change The Intercultural Management Program (ICMP) influences its participants to a point where it may be more aptly called the Internal Change Mechanism Program. Since its inception, hundreds of participants, in their search for knowledge and experience, have passed through the ICMP at JAIMS. In the process, participants have opened themselves to concepts and perspectives which provide them with a new outlook on their professional and even their personal lives. This –internal change mechanism” is what makes the ICMP special. This twice-yearly, four-month, postgraduate diploma program has evolved into a program that imparts intercultural training and practical workplace skills in addition to business management knowledge. Each term, the curriculum is updated to include the most pertinent and saleable skills and knowledge. For example, –Project Management” and –Information Technology Trends & Strategic Planning” courses were added in the Fall 2000 term to reflect the current demands in business.
ICMP faculty is comprised of academicians and working professionals, thus bringing a balanced exposure of theory and real-world experience to the classroom. In addition, many ICMP participants embark on a two-month internship through the eight-credit Business Exchange Program study option. Each term, interns apply their knowledge and skills in a variety of organizations throughout the United States. Subsequently, a few have been very fortunate to be offered full-time employment at their internship companies. Outside the classroom, participants are treated to an abundance of activities to build upon their global business education. Participants can never forget sinking knee-deep in soft mud while helping a local Hawaiian community tend their taro patch, then playing in the cool mountain waters. Nor will they forget the educational visits to cutting-edge businesses, followed by whirlwind shopping trips in Waikele. Probably the most unexpected yet most appreciated benefit of being in ICMP is being a part of the tight-knit JAIMS family. ICMP participants form lasting friendships with classmates, students from other programs, instructors, host families, members of the local community, and JAIMS staff. Many alumni visit JAIMS to rekindle fond memories and to catch up on news of old friends. With this range of quality education, experiences, and friends, ICMP participants have had experiences they will never forget wherever they may go in business or in life. In 2002, we expect many to return and share news of their successes when JAIMS celebrates its 30th anniversary. An especially rousing ceremony took place on July 26, 2001 to congratulate the latest Intercultural Management Program (ICMP) class on their successful completion of the four-month program at JAIMS. This Spring 2001 ICMP class was the first in JAIMS history to be composed primarily of women. Ten men and 19 women walked down the aisle to receive their certificates before an audience of faculty, staff, and friends. Awards were also bestowed upon students who displayed exemplary performance during competitions and throughout the term. Miwako Morishima was awarded first place for the Business Plan Competition. The team of Masaki Ono and Lei Zhao won first place for the Business Research Competition. Morishima, Ono, and Zhao each received a cash prize and will have their names engraved on perpetual plaques.
While the closing ceremony marked the beginning of some ICMP graduatesê careers, others have continued with JAIMS in the Business Exchange Program (BEP) where they interned with American business firms or organizations in the U.S. for two months. Student Perspectives:
I enjoyed learning new business areas from the classes I attended for the last 4 months at JAIMS; and now, I feel that my knowledge on business management has increased both theoretically and practically. I wish to utilize this knowledge in my work in Korea to expand and enhance my capabilities. Iêm going to commit myself to overcoming the challenges of the world and becoming a leader in the 21st century. Delphine Vþnuat
When I first arrived at JAIMS, I did not expect such a cultural mix. I came here with the idea of attending some business classes in English in an American environment. But JAIMS also gave me the opportunity to meet a third dimension: Asia. This especially interested me in terms of teamwork. I discovered with surprise that some French ways of working were closer to Japanese or Korean ways of working than to American ones. One of the major differences I found here when compared with France is the way of dispensing classes. I am the youngest student here! I am 23, and most of my classmates are around 30 years old with more experience at work than I have. In France, I expect the teacher to give me basic business knowledge in a lecture. The classes here are more interactive. Everyone has something to teach to everyone. As a result I like to compare these courses with seminars more than with lectures. Last but not least, the very open-minded environment here allows people to really share their knowledge with each other. We work together without competition with the same goal: to become rich with intercultural experiences at the end of the session. And I really like that ideaÄ Farewell to the 2000-2001 JEMBA and CHEMBAs On July 27, 2001, the 2000-2001 Japan-focused MBA (JEMBA) and China-focused MBA (CHEMBA) class celebrated their completion of one year of studies at JAIMS and the University of Hawai'i at Manoa College of Business at Manoa. Within the elegant surroundings of the Kahala Mandarin Oriental Hawaii, this class of 23 students bid their farewells to staff, faculty, and friends at the annual farewell Aloha Luncheon. Guest speaker, Curtis J. Milhaupt, Fuyo Professor of Japanese Law and Legal Institutions and director for the Center for Japanese Legal Studies, imparted some last words of wisdom to the JEMBA and CHEMBA students. Following Milhauptês speech, JEMBA student, Collin Miyamoto and CHEMBA student, Joanne Chang, presented a lighthearted slide show reflecting on the past yearês camaraderie shared between the participants.
The students, with classes now completed, have embarked on perhaps the most significant portion of their JEMBA and CHEMBA year: the internship. Students are currently undertaking a three-month business internship at a company in Japan, China, or the U.S., many hoping to attain permanent positions at the companies. Such companies include Citibank, PricewaterhouseCoopers Consultants Co., Ltd., Northwest Airlines, AIC Corporation, and The American Chamber of Commerce in Japan. This year's class is the eleventh JEMBA class and the fourth CHEMBA class to complete their studies. The next class of JEMBA and CHEMBA has already begun their studies in August 2001. Welcome to the 2001-2002 JEMBA and CHEMBAs On August 6, 2001, the largest group of Japan-focused MBA (JEMBA) and China-focused MBA (CHEMBA) students were greeted at the annual welcome Aloha Luncheon held by JAIMS and the University of Hawai'i at Manoa College of Business at Manoa. Attending the event were faculty and staff as well as guest speaker, John Creech, president of Snap-on Tools Japan K.K. Creech, who had studied for his MBA while running his company, had some practical words of advice for the new students. –Donêt focus on memorizing information,” Creech said. –Probably the most important thing you should learn is how to get information and how to utilize it in your future job.” Students have brought with them the experience from many diverse industries including international affairs, aerospace, telecommunications, information technology, education, and finance. Consisting of 26 students, this 2001-2002 JEMBA and CHEMBA class represents 10 countries: Australia, Hong Kong, Korea, Kyrgyzstan, Malaysia, Philippines, Russia, Singapore, Taiwan, and the U.S. After finishing their twelve-month course work in Honolulu, they will leave for a three-month business internship at a company in Japan, China, or the U.S. in August 2002. This past summer the 2000-2001 class of JEMBA and CHEMBAs as well as the ICMP Spring 2001 class completed their studies and embarked on their internships. The internships are key factors to the studentsê success; many past students have found employment due to their experiences at their internship companies. Listed below are participating companies where students are currently serving their internships. ICMP internships last for two months and JEMBA and CHEMBA internships last for three months. JEMBA McCann-Erickson CHEMBA U.S. & Foreign Commercial Service, U.S. Consulate, Shanghai
ICMP Bay Area Economic Forum We wish the best for friends who have recently left the JAIMS staff: Chao Ying Bossert Sachiyo Fujita Yuko Kato-Gast M. Patrice Oppie Hana Tateishi Margaret Yamashita We would also like to welcome our newest staff members to the JAIMS family: Hiromi Kelley Mary Kimura Kayoko Ross Natsuko Tateishi Chenshan Tian This year marks the launch of the JAIMS Endowment Fund (you will find a brochure included with this issue of Global Horizons). JAIMS would like to thank the campaign honorary chairs and the members of the steering committee for their assistance in making the JAIMS Endowment Fund a reality. Campaign Honorary Chairs Hideto Kono, JAIMS President, 1988-1994 Steering Committee Kazuhiro Arai, ICMP-98S Co-Chairs John Cheuck, JEMBA-3 |
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