The 2007 Wharton Economic Summit ::
Panels



Succeeding in a Flat World
Sponsor: Wharton SEI Center for Advanced Studies in Management
Moderator: Yoram (Jerry) Wind, The Lauder Professor; Professor of Marketing; Director, SEI Center for Advanced Studies in Management; Academic Director, The Wharton Fellows Program; Co-Editor, Wharton School Publishing
Panelists:  William Fung, Geoffrey T. Boisi, Reginald Van Lee
Thursday, April 12 - 3:00 p.m.-4:15 p.m. :: Full Summit Schedule

If you are concerned about how best to successfully compete in the flat world, come and find out what successful companies are doing. New communication and information technologies, new governance and regulatory institutions, and new business models have largely overtaken the traditional organization. The new business models are often network-centric, not firm-centric. The key efficiency concern is not transformation efficiency but interaction efficiency, where the interactions of interest encompass global supply chains and empowered consumer groups. What do these changes, forces and interdependencies imply for business structures? For strategy development? For risk management? For profitability and sustainability? This interactive session will explore these and other related questions.

Panelists

:: William Fung
   Group Managing Director
   Li & Fung Limited

Dr William K. Fung is Group Managing Director of Li & Fung Limited, a third-generation family concern that he has helped transform into a multinational trading company with a sourcing network of over 70 operations in 44 countries and an annual turnover of US$9 billion. He was awarded Emerging Markets CEO of the Year by Euromoney in 2000. Together with his brother, Victor K. Fung, they were named Businessman of the Year by Forbes Magazine in 2005 and one of Time Magazine's "60 Years of Asian Heroes" in 2006.

In the public service arena, Dr. Fung has held key positions in major trade and business associations. He is a past Chairman of the Hong Kong General Chamber of Commerce, the Hong Kong Exporters' Association and the Hong Kong Committee for Pacific Economic Cooperation Council (PECC). Currently, Dr. Fung is a member of the Trade Development Council.

Dr. Fung graduated from Princeton University with a Bachelor of Science in Engineering and also holds an MBA degree from the Harvard Graduate School of Business. He was conferred an Honorary Doctorate of Business Administration by the Hong Kong University of Science and Technology in 1999. Currently, he is also a Council Member of the Chinese University of Hong Kong and a Court Member of the University of Science and Technology.

Dr. Fung is also non-executive director of HSBC Holdings PLC, CLP Holdings Limited, VTech Holdings Limited and Shui On Land Limited.

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:: Geoffrey T. Boisi , WG'71
   Chairman and Senior Partner
   Roundtable Investment Partners

Geoffrey T. Boisi is chairman and senior partner of Roundtable Investment Partners LLC, a private investment firm with interests in various private equity, money management, real estate and corporate advisory organizations.

Mr. Boisi is a member of the Board of Directors of Freddie Mac, serving on its governance and mission and sourcing committees and as chairman of the compensation and human resource committee.

In May 2002, Mr. Boisi retired as vice chairman of JPMorgan Chase, where he served as co-CEO of JPMorgan, the firm's investment bank, and a member of the JPMorgan Chase's executive and management committees.

Prior to joining JPMorgan Chase, Mr. Boisi was founding chairman and senior partner of The Beacon Group, a premier merger and acquisition advisory and private investment firm, which was acquired by Chase in July 2000. Prior to the formation of The Beacon Group, Mr. Boisi was a senior general partner of Goldman, Sachs & Co., where he served as a member of the firm's management committee and head of the investment banking business, which included worldwide mergers and acquisitions, real estate, corporate finance, capital markets and principal investment activities. In addition, Mr. Boisi held numerous other positions during his 22 years at Goldman Sachs, including: chairman of strategic planning, co-chair of the international management committee, partner in charge of global finance, head of investment banking services, and partner in charge of mergers and acquisitions.

Mr. Boisi is chairman and co-founder of MENTOR/National Mentoring Partnership. Founded in 1990, MENTOR, ranked as one of the top 100 charities in the U.S., is leading the movement to connect America's young people with caring adult mentors.

He is an overseer of The Wharton School; serves Boston College as a trustee, member of the academic affairs committee and founding sponsor of the Center for Religion and American Public Life; trustee of the Carnegie Corporation of New York; trustee of The Brookings Institution; trustee of Joseph P. Kennedy Enterprises; advisory director of Oxford Analytica; trustee of America's Promise; a member of the Trilateral Commission; and serves the Catholic Church as chairman and founding board member of the National Leadership Roundtable on Church Management (NLRCM); trustee of the Saint Thomas More Chapel & Center at Yale University; trustee of the Papal Foundation; director of FADICA; and a Knight of Malta.

Mr. Boisi has served as chairman of the Board of Trustees, Boston College, co-chair of the University's capital campaign and chair emeritus of the Boston College Wall Street Council; chairman of the Graduate Executive Board, The Wharton School and co-chair of its capital campaign; member of the international advisory board of Grupo Santander (Spain); member of the Investment Banking Committee, American Stock Exchange; director of Communities in Schools; and a trustee of Friends Academy.

Mr. Boisi has been the recipient of numerous awards, including the Wharton School's Joseph Wharton Award; the American Red Cross of Greater New York's Humanitarian Award; the Cancer Research Institute's Oliver R. Grace Award for Distinguished Service in Advancing Cancer Research; the National Catholic Educational Association's Elizabeth Seton Award and honored by Pope John Paul II as a Steward of St. Peter. He is also the recipient of an honorary Doctor of Humane Letters degree from Sacred Heart University, as well as the 2006 Lewis Hine Distinguished Service Award for outstanding service on behalf of children.

Mr. Boisi is a graduate of the Wharton School of the University of Pennsylvania (MBA) and Boston College (BA).

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:: Reginald Van Lee
   Senior Vice President
   Booz Allen Hamilton

Mr. Van Lee is a Senior Vice President in the New York office of Booz Allen Hamilton where he leads the firm's organization and change capabilities in Global Health Public Sector agencies and leads the Not-For-Profit business. His expertise lies in how global organizations can build capabilities to make them resilient to any potential shocks to mission accomplishment and growth. He has worked extensively with private sector, public sector and NGO sector clients in the area of strategic transformation and high performance organizational design. His experiences range from helping health organizations transform to better achieve their mission and goals to co-leading the Urban Enterprise Initiative with the William Jefferson Clinton Foundation in New York City, focused on driving enhanced competitiveness for to small businesses in Harlem to driving growth and mission accomplishment in not-for-profit organizations like Habitat for Humanity, St. Jude's Children's Hospital, the American Cancer Society and numerous foundations.

He has co-authored articles on the topic of strategy implementation and developed an innovative and integrated "tool kit" for management with techniques designed to help leaders realize new strategies and institutionalize existing strategies. He has been published in The Journal of Business Strategy and Business Horizons. Mr. Van Lee has also appeared numerous times on ABC's "World News This Morning" television program and CNBC.

Mr. Van Lee holds BS and MS degrees from the Massachusetts Institute of Technology. He also earned an MBA at the Harvard Business School. Mr. Van Lee is a member and supporter of many organizations and activities outside of Booz Allen Hamilton. He is a member of the Executive Leadership Council, the Board of Directors of the Thurgood Marshall College Fund; the Abyssinian Development Corporation; MIT's National Selection Committee; the New York International Ballet Competition, New York City Center for Charter School Excellence; chair of the Board of the EVIDENCE Dance Company; a Trustee and Treasurer of the Studio Museum in Harlem; and Chairman of the Corporate Advisory Board at the University of Southern California's Marshall School of Business. Mr. Van Lee was named one of the top 25 consultants in the world in "Consulting Magazine" in 2000 and recognized as one of New York's Finest Philanthropists in 2002. In 2004, Mr. Van Lee received from New York University their C. Walter Nichols award for outstanding community service as well as the prestigious Spirit of Cabrini award by the Cabrini Mission Foundation. In 2005 Mr. Van Lee was awarded the Joseph Papp Racial Harmony Award from the Foundation for Ethnic Understanding and in 2006 he was awarded the Black Engineer of the Year "Pioneer" Award.

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