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Action Hero
Li Ka-shing urges alumni to build a better future with their own hands at the
Cheung Kong Graduate School of Business 10th Anniversary

(Beijing, 22 November 2012) Mr Li Ka-shing urged the 4,000 graduates, faculty and guests at the Cheung Kong Graduate School of Business (CKGSB) 10th anniversary today to commit to all that is just and good, and to be attentive custodians of the future during a time of change and opportunities.

Delivering his speech titled "Action Hero", Mr Li said it was his belief "My better future is dependent upon a better me" that helped him through a dooming judgement handed down to him by a fortune teller when he was a child. Mr Li believed that the future is characterised and determined by the juxtaposition of chance and choice.

He also warned that even though they have become proud captains of industries or high ranking officials with the keys to resources and opportunities and infinite capacities, they must not yield to complacency. He said when they have achieved all that they set out to do, they also need to reflect what the meaning of our existence is.

Mr Li said the greatest tragedy he knew was "ennui". Those who are oblivious to the pain of the world and justifying their inertia with a litany of excuses would mire in the misfortunes of gradual decline in relevancy and risk being scorn aside.

Established in 2002 with generous support from the Li Ka Shing Foundation, CKGSB continues its traditions as a faculty-governed business school, which helps to ensure an environment conducive to teaching, research and continued recruitment of top scholars from abroad.

Renowned for robust analytics and insights into business dynamics by a world-class faculty, CKGSB has become equally recognised for its highly influential alumni network. For example, over 76 per cent of the students and alumni in the EMBA programme are from the most respected companies in the Mainland and hold positions of vice president or higher. The combined revenues controlled by these students totalled US$1 trillion, which is tantamount to the world's 16th largest economy if deemed as an economic entity.

Since 2003, the CKGSB has developed a large portfolio of strategy cases that generates debate and understanding of the realities of the Chinese business environment. Hundreds of case studies and research reports cover a wide range of topics including strategy and management, marketing and branding, logistics and production, finance, corporate culture, human resources, as well as industry chain. These vast amounts of first-hand materials have addressed how Chinese companies should go global, how multinationals can win out in China, and how family-run firms should handle leadership changes.

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Delivering his speech titled "Action Hero" at the 10th anniversary of Cheung Kong Graduate School of Business, Mr Li Ka-shing urges the alumni and students to commit to all that is just and good, and to be attentive custodians of the future during a time of change and opportunities.

Download (2,511 KB)
Delivering his speech titled "Action Hero" at the 10th anniversary of Cheung Kong Graduate School of Business, Mr Li Ka-shing urges the alumni and students to commit to all that is just and good, and to be attentive custodians of the future during a time of change and opportunities.

Download (1,748 KB)
Delivering his speech titled "Action Hero" at the 10th anniversary of Cheung Kong Graduate School of Business, Mr Li Ka-shing urges the alumni and students to commit to all that is just and good, and to be attentive custodians of the future during a time of change and opportunities.

Download (2,595 KB)
The Li Ka Shing Foundation has been supporting the Cheung Kong Graduate School of Business in the past decade. Chairman Mr Li Ka-shing officiates at the inauguration ceremony of school's new future with guests.

About the Li Ka Shing Foundation
The Li Ka Shing Foundation was established in 1980 by global entrepreneur and philanthropist Li Ka-shing. Mr Li considers the Foundation to be his "third son" and has pledged one-third of his assets to it. To date, the Foundation has granted over HK$12.8 billion (US$1.64 billion) in charitable donations, approximately 90 per cent of which has gone to the Greater China region.

The Foundation supports projects that propel social progress and create a cycle of charity in the world through expanding access to quality education and healthcare, encouraging cultural diversity and exploration, and stimulating community involvement and sustainable development. For more information, please visit: http://www.lksf.org

For media enquiries, please contact:

Li Ka Shing Foundation
Jeremy Lau
Tel: (852) 2128 1207
Fax: (852) 2128 1766
Email: jeremy.lau@lksf.org


Speech by Mr. Li Ka-shing

Cheung Kong Graduate School of Business
10th Anniversary Conference
November 22, 2012

Action Hero

Dean Xiang, Distinguished guests, professors, friends,

When I was 14, a fortune-teller gave my mother a reading about my future. It was not good! He dismissed me out of hand as a thin sickly kid with a tired and vacuous gaze. In all seriousness, he told my mother that perhaps with effort, I could probably scrape together a living, but she had better look elsewhere for brighter prospects.

His dooming words were piercing to my recently widowed mother's heart but she put aside her disappointment. My loving mother's first concern was to console and encourage me instead. She said, "No one really understands destiny. Providence is partial to those who are good, kind and diligent. No matter how tough the going gets, as long as our family is together, we will be fine".

Of course, I believed in my mother, but equally clear in my mind - I know the only future I could count on is one that I shall build for myself. Yes, the odds were stacked against me like a compounding trio of war, poverty and the death of my father - every aspect seemed bleak and ominous, with no one to turn to. Damned as I am, I know it is no use to weep for things that life takes away. I already recognized that my better future is dependent upon a better me.

To me, the future is not the same as tomorrow. Just as Fate is not Destiny. Tomorrow is a passage of time, but the future is characterized and determined by the juxtaposition of chance and choice. Life is what we conceived in it. The dream that promises us the impossible could be realized through the fusion of intellectual imagination with the opportunities offered in science, technology, the humanities, and business. A maestro tuned knowledge, responsibility, and missions into a new vitality transcending the irony of fate, it no longer is the blueprint for destiny.

When you have achieved all that you set out to do, armed with resources, experiences, confidence and the power to change, what's next? What are your values and ideals? What is the meaning of our existence? Today, millions of people still live in the valley of despair, misery and destitution. Is it our duty and calling to shoulder a share of social responsibility?

The greatest tragedy I know, is ennui. This malaise of indifference - when men and women who became proud captains of industries or high ranking officials holding the keys to resources, opportunities and infinite capacities-yield to complacency. Those who are resigned to being prisoners of the past, stuck in the grandiose of the immediate moment, oblivious to the pains of the world and forever justifying their inertia with a litany of excuses will be marginalized by the misfortunes of gradual decline.

For those who can, you must, do something and do more. History is filled with souls that feel and think, who came together in service of social progress and reform. These contemplative action heroes alone enjoy the sweet liberating discovery of the richness and depth of being human. This is no secret, open to all alike, but alas, what is known even to a 3-year-old may not appeal to everyone.

70 years floated along like a conscious dream, the frail kid once dismissed by the fortune-teller has not only made something of himself, to follow on with determination in the pursuit of selflessness.

My dear friends, in this time of change and on this land of opportunities, you are stronger, you are wiser, your achievements should be many times more significant than mine. We may not be the high and mighty superheroes who can save the world from all ills, but if the way we feel, think and act are committed to all that is just and good, our moral courage and discipline enabled us never to be unkind, untruthful, unconscionable and unfair. I hope that each and every one of our CKGSB graduates will promise to be attentive custodians of the future, together we can build a wonderful world for everyone, for generations to live with dignity, freedom and happiness in our beautiful and beloved country. Thank you.