I admired Mr. Wang Yung-ching as a great leader in this century, especially in Taiwan or China. He set up a great sample for the young generation to work harder to reach the goal. He sent the message to us “the key of success” is not poor or rich. It is hard working and keeping trying.
He was a self-made man who started out as an apprentice to a rice merchant; the straight-talking, clean-living, hard-working Wang built his Formosa Plastics Group into an empire with an annual output of NT$2 trillion. He is Wang Yung-ching, who builds his Formosa Plastics Group into Taiwan’s biggest and most profitable manufacturing conglomerate. He was known widely as “the God of Management”. Mr. Wang expanded his plastics and petrochemicals empire and diversified into electronics, cosmetics, hospitals and car manufacturing.

Mr. Wang invested in power plants and plastic factories on the Chinese Mainland. Formosa Plastics not only set chemical company in the United States but also owns several oil wells and properties rich in natural gas in Texas.

Mr. Wang's work ethic and pragmatism were the core elements of the Formosa Plastics culture. He exhibited his "customer first" philosophy as a teenager in the rice store. After the rice store, Wang opened a brick kiln and a lumber yard, where he built up managerial skills and capital.

Mr. Wang was also well known for his tremendous love of country. He once wrote: "I am Taiwanese, and I am also Chinese. There is no reason why we Taiwanese, we Chinese, cannot do better than the Japanese or the Americans." Mr. Wang showed his generous in support of education and disadvantaged social groups. Charles H.C. Kao, president of Commonwealth Publishing, notes: "A business leader is someone who has made it big in business. A great business leader is someone who is willing to share his or her resources and wealth with society." He rates Wang Yung-ching as one of the very few great business leaders of the past century in either China or Taiwan.

Although Mr. Wang died on October 15, 2008 in New Jersey at the age of 91, his spirit will always with us.

BUS528 Week 3 Assignment: ch3 & ch4

Chapter 3 & 4 help us to clarify our project. Learn to define the project and set up the rules and structure for the project. In these two chapters also teach us to identify the role of each stakeholder and their responsibilities. And, how to get everyone together on the same page and agree the steps of the project.
In Chapter 3, the first step, the most important part, of the project knows the key stakeholders. The role of stakeholders can be project manager, project team, management, and the customer, representatives of external constraints, advocates, opponents, and innocent bystanders. To manage a successful stakeholder relationship need:

1. Identifying stakeholders;

2. Understanding their expectations;

3. Managing those expectations;

4. Monitoring the effectiveness of stakeholder engagement activities;

5. Continuous review of the stakeholder community.
In chapter 4, we learned about how to write the project rules. Since all the projects are different, they also need to re-create the basic role and processes of managements to meet the need at the beginning of each new project.

The purpose of the project charter is to document:

• Reasons for undertaking the project

• Objectives and constraints of the project

• Directions concerning the solution

• Identities of the main stakeholders

“The charter clearly establishes the project manager’s right to make decision and lead the project.” said by Eric Verzuh.

BUS528 Project Management - Assignment - The most imortant ideas in Ch1 & Ch2

After I read through chapter one and two. I have learned the overall concepts of Project management. It is very important and useful for the beginner to define the turn "Project Management". In Chapter 2, it mentions about the requirement skills for project managers in 3 areas: Project Management, Business management and technical.Once the managers have these skills which are easy for managers to communicate clearly, calculate budget correctly and finally can finish the project in the time frame. Therefore, I truly agree what Eric's points in ch1 & 2.
There are some important ideas I read from chapter1 & 2 which list as following:
Chapter1
What is Project Management? This is a new critical leadership skill in the 21 century. It has been recognized and valued by difference organizations all over the fields. It is also a discipline which provide a system of techniques, ways, theories. It does not matter that is unique or temporary.
Project Management also is the art and science of leadership. They have to have the skills of vision, motivation, communication, bring people together, and accomplish great things.
The most important 5 project success factors from Eric Verzuh: 1.agreement among the project team, customers, and management on the goals of the project.2. A plan that shows an overall path and clear responsibilities ans that can be used to measure progress the project. 3. Constant, effective communication among everyone involved in the project.4. A controlled scope.5. management support.
Chapter 2
The different discipline for managing projects: 1. Projects which all the works that's done once. 2. Ongoing operation which the work we perform over and over.

BUS528 Project Management - Assignment -Description of My Project

My project was “Building a new preschool”. This is a big project and takes lot of planning and control. I will start with the location searching and stockholder searching. How much budget and space I need. Since it was so big project and I decide to change into a more practical and emerge need level project – How to provide “A guideline for co-workers to become a high performance team at work”. Among co-workers usually have lot of differences? If they followed the guidelines to deal with their conflicts it is easy to go through and continue their works. There are three major parts in my project: 1. Looking within. 2. A frame work for shared decision making. 3. The decision-making process.My project was “Building a new preschool”. This is a big project and takes lot of planning and control. I will start with the location searching and stockholder searching. How much budget and space I need. Since it was so big project and I decide to change into a more practical and emerge need level project – How to provide “A guideline for co-workers to become a high performance team at work”. Among co-workers usually have lot of differences? If they followed the guidelines to deal with their conflicts it is easy to go through and continue their works. There are three major parts in my project: 1. Looking within. 2. A frame work for shared decision making. 3. The decision-making process. My goal is create the skills to help people achieve new level of collaboration, communication and teamwork.

Who am I ? why taking Project Management

My name is Belinda Lo who working as a master teacher in Education Field. Since I received my Master of Education and I get myself involve teaching children. I have taught children for 16 years and also involved administration work. Although it is education field, it does have lot of projects involved.

In the past years, I have worked on fund raising program, new teachers training, yearly field trip planning. Those projects are helping me to reach my goal. My dream is that establish my own school for more children to get better care and education in order their parents to leave their children here safely and happy to work. I think this is going to be a big project for me to reach. Therefore, I need myself to get ready to be the position to handle people, teacher teams, budget, time frame..and so on.

I have studies "Supervision and Administration" class for my Site Supervisor Certificate. We learned how to achieving center based change through staff development& circle of influence from the educator's view. I would like to take this class to see the point view of Business field.

Last, not the least, I hope I can learn the techniques to building a high performance team not only for my current work but also in my future.