Dr. Edward Freeman, World Class Teacher

(The proposer of the Stakeholder theory)

Professor R. Edward “Ed” Freeman is a prolific educator, consultant, and speaker, best known for his work on the topics of Stakeholder Management and Business Ethics. Professor Freeman is perhaps best known for his award winning book, Strategic Management: A Stakeholder Approach, first published in 1984 and reissued in 2010 by Cambridge University Press. It is a landmark book, said to have helped to define and shape our understanding of how good management practice really is based on relationships—relationships with the stakeholders who both comprise and affect or are affected by the business.

In addition to several books he has authored, Ed was an editor of the 15 volume Ruffin Series in Business Ethics published by Oxford University Press. He is the co-editor with Mette Morsing and Jeremy Moon of the new series, Business, Society and Value Creation, published by Cambridge University Press, which currently contains ten volumes.

Professor Freeman has been well recognized and awarded for his work. Throughout his career he has received a number of teaching awards from the Wharton School, The Carlson School, the Darden School, the University of Virginia, the State of Virginia and the Academy of Management. He has received Lifetime Achievement Awards from the World Resources Institute and Aspen Institute, the Humboldt University Conference on Corporate Social Responsibility and the Society for Business Ethics. He has worked with many executives and companies around the world.

Dr. Stan Shih, Chairman of Stan Shih Foundation

(The proposer of the smiling curve theory)

In business management theory, the smiling curve is a graphical depiction of how value added varies across the different stages of bringing a product on to the market in an IT-related manufacturing industry. The concept was first proposed around 1992 by Dr. Stan Shih, the founder of Acer Inc., an IT company headquartered in Taiwan.

To fully explain how “Wangdao”, his unique business philosophy, is to be applied to one’s business goals and practices, Dr. Shih discussed an unusual six-aspect model of value, differentiating between visible-present-direct value and the future-invisible-indirect value. These different forms of value mutually influence each other, introduce effective transformation mechanism and will result in long-term success, if managed properly. His “Wangdao” business philosophy is consistent with the stakeholder theory.

In 2003, he was interviewed for CNN’s TalkAsia and described as ‘A visionary from Taiwan who has put the island on the global IT map.’ In 2000, he was selected amongst “Asia’s top 25 Digital Elite” by Asia Week’s first annual look at the people shaping Asia’s high tech future. In 1997, he was honored in the “Business Hall of Fame” by Asia Week. In 1999, Computer Reseller News and The Computer Museum History Center inducted him into their “3rd annual Industry Hall of Fame“. In the same year, the Academy of International Business also selected him as “International Business Executive of the Year”. He was selected by Business Week as one of “The 25 Top Managers of the Year” for 1995. In 1989, Fortune magazine chose He among “25 People You Ought to Know for Doing Business in Asia”. In 1976, he was awarded one of the Ten Most Outstanding Young Persons in Taiwan.

Dr. Bhaskar Chatterjee, Director General & CEO at Indian Institute of Corporate Affairs (the Father of CSR in India)

Dr. Bhaskar Chatterjee is widely acclaimed as the Father of CSR in India. He was instrumental in framing and issuing the CSR guidelines for Public Sector Enterprises. He played a major role in the inclusion of Section 135 in the Companies Act of 2013 and framing of the rules thereafter.

As Director General & CEO at Indian Institute of Corporate Affairs, he spearheads the National Foundation for Corporate Social Responsibility (NFCSR). Dr. Chatterjee is also a widely acclaimed management practitioner, theorist and teacher. He has written and lectured over many years on issues of social and sustainable development, corporate responsibility and human resources. He was invited to deliver the prestigious Darbari Seth Memorial Lecture by The Energy and Resources Institute (TERI) in August, 2012 and is a member of the TERI Advisory Board.

He joined the Indian Administrative Service in 1975 and has held many distinguished positions. In 2008-09, he was Principal Adviser in the Planning Commission. Here he was deeply involved with a number of micro and macro-economic measures. He was also a part of the team responsible for shaping India’s response to the global economic crisis of 2009.