Friday, June 13, 2014

A Reflection: MBA and the Sun Flower Movement (Part 1)

          Does it provide value? That is the question many people are now asking about MBA degrees. In an ever changing world shaped by globalization, technology, political affairs, and climate changes, does MBA train students to become the versatile leaders that the world needs or rather mold students into factory made prototypes? While I am not in an MBA program, having gone to an undergraduate business school, I believe in the strength and effectiveness of the degree.

          To be honest, business schools are far from perfect; many criticized them for their rigid curriculums and generalist training. Many say that the academic focus discourages innovative thinking in favor of stock answers and fails to provide in depth specialization, but I see it differently. The balance of diverse subjects, theories, and applications gives students the tools to see the world in a variety of new lenses.
For example, finance and organizational behaviors, one highlighting a company’s financials and the other focusing on employee interactions, both helped evaluate the recent affairs in Taiwan called the Sun Flower Movement.

          On March 18th, roughly 300 students stormed the Taiwanese Parliament, barricaded themselves in the building, and proclaimed their occupation to protest the Cross Strait Service Trade Agreement with China. Though the world has seen its fair share of political activities in the past few years ranging from coups to protests, the Parliament occupation is special. A harbinger for future clashes, the protest is a reaction to China’s rising power and it has the power to be the canary in the mines.The protest has been dubbed the “Sun Flower Movement” and it disagrees with a de facto free trade agreement that opens up the service sector between China and Taiwan for further investments. However, considering the scale of Chinese capital and the might of state companies, many feared that the agreement will hurt Taiwan’s economy and sovereignty. Furthermore, unhappy with the manner in which the ruling party, the Nationalist’s Party, has sought to pass the legislation, the protestors took the matter into their own hands.

          Starting out with just a couple of hundreds of students, the protestors grew exponentially over the next few weeks. They sent viral social media messages, started live streams, and even posted in Reddit’s AMA. Soon, their request grew from a clause-by-clause review of the agreement to its rejection and more monitoring in the future. Within a couple of weeks, protestors inundated the streets as well, growing to be an estimated 100,000 to 500,000 strong.
          
          Soon, articles for and against the protest started to flood the media. At first, it was difficult to evaluate all the news. Even for me, a Taiwanese American who spent my childhood growing up in Taipei, to separate facts from fictions and understand the issue. However, through the lenses of finance, economics, and organizational behavior, I identified a common bias in articles, realized the fundamental problem in Taiwan’s fragile economy, and arrived at my own conclusion.







*Sun Flower Movement Reddit AMA

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