Event Details

How innovative is the Chinese economy? Does China have the innovative capacity to raise productivity, create more value-added jobs, and achieve its economic aspirations? However, McKinsey’s recent report The China Effect on Global Innovation shows a mixed assessment. China represents a small share of the global market for industries where innovation requires original inventions or engineering breakthroughs. In industries where innovation is about meeting consumer needs or driving efficiencies in manufacturing, China is flourishing.

Dr. Jonathan Woetzel of McKinsey will explore this dichotomy, while Brent Young from Intel will share examples of the efforts to be innovative and nimble in China. Dwight Nordstrom, Chair of the Manufacturing Forum, will moderate the session.

Agenda

12:00 PM - 12:30 PM
Registration
12:30 PM - 2:00 PM
Presentations and Q&A

Speakers

  • Jonathan Woetzel  (Director of McKinsey Global Institute)

    Jonathan Woetzel

    Director of McKinsey Global Institute

    Dr. Jonathan Woetzel is a Director with McKinsey & Company based in Shanghai. In his 28 years with the Firm, Jonathan has advised clients in a range of industries – including energy, materials, technology and industrial – helping transform local companies into global leaders, and developing policy recommendations for government.
    Dr. Woetzel has led McKinsey’s Asia Energy and Materials practice, the McKinsey Global Institute, McKinsey’s macroeconomic research institute, in Asia, and its Corporate Finance practice in China. He led the establishment of McKinsey’s China practice in the 1990s including managing its Shanghai location.
    Dr. Woetzel has written three books on China including Capitalist China: Strategies for a Revolutionized Economy (Wiley & Sons, 2004), co-authored with Jimmy Hexter Operation China: From Strategy to Execution (Harvard Business Press, 2008) and co-authored with Jeffrey Towson The 1 Hour China. He holds a Ph.D. in political science from the University of Southern California, where his work focused on China’s political economy. He is an honorary lecturer at Jiaotong University Antai Business School, Peking University Guanghua Business School and China Europe International Business School.
    Dr. Woetzel, a U.S. citizen, is proficient in Mandarin, Spanish, and German. He lives in Shanghai, is married and has two children.

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  • Brent Young (Director, China Corporate Strategy Office of Intel China)

    Brent Young

    Director, China Corporate Strategy Office of Intel China

    Brent A. Young is Director of the China Corporate Strategy Office (CCSO) at Intel China Ltd, reporting to Intel China’s President Ian Yang. He is responsible for building out the company’s overall strategies as they relate to China. This includes bringing in external perspectives to improve decision making, sensing and responding to long-range opportunities and threats, aligning local business unit and corporate strategies, defining strategic imperatives across Intel China Staff, and helping ensure strategy turns into tangible action.
    Brent began his Intel career in 2006 as an open source software Strategic Planner in Intel’s Software and Service Group. Later, he was the Technical Assistant and Chief of Staff to Tom Kilroy, Executive Vice President and General Manager of Intel’s Sales and Marketing Group. Most recently, he was Director of China Tech Ecosystem (CTE) Sales and China Product Marketing at Intel China. There, he was responsible for defining and driving Intel’s sales, customer, and go-to-market strategies in the CTE and for Intel’s overall product marketing in China.
    Prior to joining Intel, Brent was a software engineer and technology evangelist for in two startups over five years in Silicon Valley.
    Brent graduated from Cornell University with both Bachelor’s and Master’s degrees in Computer Science and also received his MBA degree specializing in Strategy, Marketing, and Finance from Northwestern University’s Kellogg School of Management.

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  • Dwight Nordstrom (Chairman at PRI)

    Dwight Nordstrom

    Chairman at PRI

    Dwight Nordstrom has 30 years of experience in doing business in China. Since 1990, he has been the Chairman (former President) of PRI, a USA manufacturing-holding company with support functions of consulting and engineering for start-up and/or expansion of manufacturing and application engineering in China. Mr. Nordstrom has also been General Manager of 9 factories in China with employment ranging from 30 to over 750. He was also, in the late 1980’s, the China Country Manager for one of GE’s divisions; this was a GE corporate hire position. There are almost 200 engineering-related personnel at PRI’s operations in China and over 25 alone in the sourcing area; PRI also “turnkey” manages design centers for international clients. Mr. Nordstrom is in his 9th year as Co-Chairman of the Manufacturing & Sourcing Forum for the American Chamber of Commerce (China). Mr. Nordstrom has written, on average, 1 published article per year since 1990.

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Tickets

Member
Member Price RMB 100
Member Price (Pay at the door) RMB 150
Employee of Member Company
Standard Price RMB 250
Door Price RMB 250
Non-Member
Standard Price RMB 600
Door Price RMB 600