Friday, August 27, 2021

2021 DPU BE Webinar

 2021 DPU BE Webinar 

Date: TBA
Mode: Zoom (Virtual)
Type: Groupwork 
Weight= 15 % of the total evaluation of the course

Major tasks
Conduct an online survey e..g How to be Both Productive and Happy Working in the Disruptive Work Environment

Present the survey results online 

Organize the seminar






Past Seminars

The 2020 EL 334 Webinar on the "Future of Work"


“The Future of Work “ is a theme of a free webinar organized by a group of DPU students taking a course titled Business Discussions EL334. The event is under the supervision of Asst. Prof. Dr. Janpha Thadphoothon, the course instructor. Do you know what a webinar is? A webinar is an alternative to face-to-face meetings. We would like to experiment with this Zoom meeting platform – known as ‘webinar. At the same time, students are given opportunities to present their surveys.


This is our first webinar. In addition to survey presentations of the students, we also have six speakers in the panel. The aims are to (1) discuss the new challenges for job seekers in the near future, (2) to offer advice to new graduates in particular on how to prepare themselves for the new normal, and (3) to provide a forum for the students to practice their business English skills.


DATE

Monday, October 26th, 2020, Time 2.30-4.00 PM (Bangkok Time)


RATIONALE

We now stand on the edge of a new era that will bring change to our world. We have to adapt to changing political and environmental situations. Our webinar addresses issues of work in the future. What skills and knowledge will be required? What kinds of jobs will be available for new graduates? How best should we prepare for the new challenge? There are many issues and challenges ahead of us - everybody, not just for the soon-to-graduate students. The webinar is a timely one in terms of its theme. 


SPEAKERS

We have invited five speakers. The keynote speaker is Dr Richard Hames.


1. RICHARD HAMES – KEYNOTE SPEAKER


Pic shows Dr. Richard Hames, who introduced a program called Strategic Navigation into the ATO to replace their lethargic. 10 March 2005. The Age SMH. Pic by EDDIE JIM/ejz050310.003.002

2. SAMSON LEONG

Mr. Samson Leong is a lecturer at IFT teaching Economics. His research interests include tourist behavior and labor productivity in the service sector.


Samson Leong, Lecturer, Institute for Tourism Studies Macau.



3. MS WARISRA RUANGTINNAKORN, NORWAY


4. MS LEELAVADEE PHIROM, DENVER, COROLADO, USA


5. MR. RYAN SARFAN


6. LATTAPOL SAE-AUE

Assistant Managing Director

Mastertech International Co., Ltd.


Bangkok, Thailand


PROGRAM – OUTLINE OF THE WEBINAR

Introduction + Opening Remark

2. Students’ Presentations – Surveys


3. Keynote Address by Dr Ricard David Hames


Samson Leong

Ryan Sarfan

Warisra Ruangtinnakorn

Leelavadee Phirom

Lattapol Sae-Aue

4. Panel Discussion + Qs and As


5. Closure



Note:


Hello. This is Janpha Thadphoothon. I am a pro - a professional English language teacher and author.




2021 DPU BE Virtual Class Visits

 2021 DPU BE Virtual Class Visits 

This is an activity for students taking a course titled "Introduction to English Language Teaching" (EL 367), an elective course at the Faculty of Arts, Dhurakij Pundit University.




One best way to learn English teaching is to watch or learn from the existing English teachers in action.

Prior to the COvid-19 pandemic, students were asked to contact their prefered schools and asked for class visits. Now, the best they could do is to do it virtually.


Videos

ดูย้อนหลัง DLTV6 รายวิชา ภาษาอังกฤษ รหัสวิชา อ16101  เรื่อง Knowing your feeling   ออกอากาศเมื่อวันที่ 27 สิงหาคม 2561


บทเรียนวิชาภาษาอังกฤษ ป.3 ภาคเรียน1โรงเรียนวังไกลกังวล ตอน 2





อังกฤษ ป.1 ปีการศึกษา 2562




TASK

You are required to do the following:

1. Search for the videotaped English class and watch the video of your choice many times. Notice the steps and the activities in detail.

2. Write a report (based on the given template)+ present it orally to the class.

(This is accounted for 10% of your total assessment.)



Note: This is an individual assignment. 


ภาษาอังกฤษ ป.3 Clothes อาจารย์ธัญญลักษณ์ ศิริรัตนสุคนธ์


DPU BE Virtual English Camp 2021

 DPU BE Virtual English Camp 2021

Date: TBA (in Late October 2021)




Venue: Zoom 

This online English camp is an integral part of a course titled EL 376 Introduction to English Language Teaching, offered as an elective course (3 credits) at the Faculty of Arts, Dhurakij Pundit University in Bangkok, Thailand.


Purposes:

1. To provide a set of activities for students taking a course on EL 367 Introduction to ELT to practice their acquired skills and knowledge in teaching English to Thai school students

2. To provide opportunities to Thai school students to develop their communication skills 

3. To provide academic services to the Thai society

Participants

University students 30 of them

School students 40 Level M. 3 or Grade -9

Volunteers (native speakers)


Activities

1. Students get into groups of 5.

2. Students design camp activities for 90 minutes

3. Set the date for the camp - Nov 15


Assessments

1. Participation - time spent in the activities

2. Quality of the products - three criteria (accuracy, teamwork, innovativeness, relevancy)

3. Self-reflections (written via the use of Google Form)


Project Evaluation

Questionnaires - for school students and University students

Expected value: 4.00 out of  5.00

 

1. The activity has helped me to develop my English language skills.

Strongly Agree (5)

Agree (4)

Undecided (3)

Disagree (2)

Strongly Disagree (1)


2. I enjoyed being part of the English camp.

Strongly Agree (5)

Agree (4)

Undecided (3)

Disagree (2)

Strongly Disagree (1)

3. I have developed teamwork skills as a result of my English camp participation.

Strongly Agree (5)

Agree (4)

Undecided (3)

Disagree (2)

Strongly Disagree (1)


Comments / Suggestions

...............................

You are What You Think?

                You are What You Think


Scientists and experts, from antiquity until the present day, have been investigating the link between thought and behavior. It seems that our thought, including feelings and attitudes, influences our action and wellbeing. Perhaps, we can control our lives by controlling our thoughts. Positive thinking is a necessary condition for a better quality of life.

Note: This page has been designed primarily for the purpose of English language learning and teaching.

Before Reading:

One way to tap on your schema is to ask yourself some questions:

1. What normally happens to us when we think positively?

2. What happens when we think negatively?

3. Can thoughts become things?

4. Is thinking (thought) an action?

5. What should we do to live a happier life?


                       You are What You Think

BY  Richard W. Paul and Elder, Linda 


You are what you think. Whatever you are doing, whatever you feel, whatever you want --- all are determined by the quality of your thinking. If your thinking is unrealistic, your thinking will lead to many disappointments. If your thinking is overly pessimistic, it will deny you due to recognition of the many things in which you should properly rejoice.

Test this idea for yourself. Identify some examples of your strongest feelings or emotions. Then identify the thinking that is correlated with those examples. For example, if you feel excited about going to work, it is because you think that positive things will happen to you while you are at work, or that you will be able to accomplish important tasks. If you dread going to work, it is because you think it will be a negative experience.


In a similar way, if the quality of your life is not what you wish it to be, it is probably because it is tied to the way you think about your life. If you think about it positively, you will feel positive about it. If you think about it negatively, you will feel negative about it.


For example, suppose you recently accepted a job in a new city. You accepted said job because you

had the view that you were ready for a change, that you want to experience living in a different place, that you wanted to find a new set of friends --- in short, in many ways you wanted to start a new life.

And let’s suppose that your expectations of what would happen when you took the new job did not come to fruition. If this were the thrust of your thinking, you would now feel disappointed and maybe even frustrated (depending on how negative your experience has been interpreted by your thinking).


For most people, most of their thinking is subconscious, that is, never explicitly put into words. For example, most people who think negatively would not say of themselves, “I have chosen to think about myself and my experience in largely negative terms. I prefer to be as unhappy as I can be.”


The problem is that when you are not aware of your thinking you have no chance of “correcting” it. When thinking is subconscious, you are in no position to see any problems in it. And, if you don’t see any problems in it, you won’t be motivated to change it.


The truth is that since few people realize the powerful role that thinking plays in their lives, few gain significant command of their thinking. And, therefore, most people are in many ways “victims” of their own thinking, harmed rather than helped by it. Most people are their own worst enemy. Their thinking is a continual source of problems, preventing them from recognizing opportunities, keeping them from exerting energy where it will do the most good, poisoning relationships, and leading them down blind alleys.


After Reading

1. What’s the main idea of this passage?


2. Why do the authors say that most people are the victims of their own thinking?


3. What’s the difference between subconscious and explicit thinking? What is the authors’ opinion on explicit thinking?


4. What does the word “blind alleys” mean?


5. What does the expression “If you dread going to work…” mean?


6. Do you like the idea expressed in this passage? Why?/Why not?


7. What do you think are some flaws (weaknesses) in the assertion --- you are what you think?


Source: Source: Richard W. Paul and Linda Elder (2002). Critical Thinking. New York: Prentice

Hal



Book Talk Assignment

Book Talk 






For your Book Talk, you will give one 3 minute presentation on a non-fiction book you’ve read. The

purpose of a book talk is to convince the listener to read the book you are recommending. This book

talk is essentially a persuasive speech to convince the listener that they should read a specific book.

Presentation Outline:

Attention getter:

Find an interesting, exciting, or mysterious quote to start off your presentation. This quote will get the

reader’s attention. Don’t just pick any old quote… choose carefully and deliberately to try to capture

the attention of the audience. Also explain why you chose the quote.

Introduction:

Clearly introduce your book by giving the title, author and genre of the book, including details.

Body:

Conclusion:

Without giving away the ending, convince the reader that you loved this book and that this is the book

they want to read next. Make some predictions about what kind of student would enjoy this book (“if

you like…, you’ll love…”).

Tips:

Practice your presentation a few times before you present. Time yourself. Use note-cards or an outline.

This will prevent nerves.

Alternative: Students can pre-record a book-talk and upload it to youtube.com. All other requirements

are the same.  

Learning on the Go

 "Make Learning a Lifelong Habit"

Note: This is for the purpose of English language teaching and learning only.


Lifelong learning is the voluntary act of learning throughout life. Lifelong learning does not come to you by accident; you need to develop your learning habit.


Have you ever heard of the expression 'Coffee 2 Go"?

Coffee to go means that you aren't going to stay at the cafe and need it to travel somewhere such as a job for example so then it's called a "to go coffee" because you won't be staying. - I'd like a coffee to go. 


John Coleman / JANUARY 24, 2017



I recently worked my way through Edmund Morris’s first two Teddy Roosevelt biographies, The Rise

of Theodore Roosevelt and Theodore Rex. Roosevelt wasn’t without flaws, but he was by nearly all

accounts fascinating and intellectually voracious. He published his first book, The Naval War of 1812,

at 23 and continued to write on everything from conservation to politics and biography. 

According to Morris, at certain periods he was rumored to read a book a day, and all this reading and writing arguably made him both charismatic and uniquely equipped to engage the host of topics he did as president: national conservation efforts, naval expansion, trust regulation, and a variety of others.

Roosevelt was what we might call a “lifetime learner.” Learning became, for him, a mode of personal enjoyment and a path to professional success. It’s a habit many of us would like to emulate. 


The Economist recently argued that with all the disruptions in the modern economy, particularly technology, ongoing skill acquisition is critical to persistent professional relevance. Formal education levels are regularly linked to higher earnings and lower unemployment. And apart from its utility, learning is fun. It’s a joy to engage a new topic. Having an array of interesting topics at your disposal when speaking to colleagues or friends can boost your confidence. And it’s fulfilling to finally understand a difficult new subject.


But this type of continuous and persistent learning isn’t merely a decision. It must become a habit. And

as such, it requires careful cultivation. 


First, developing a learning habit requires you to articulate the outcomes you’d like to achieve. Would

you like to reinvigorate your conversations and intellectual activity by reading a host of new topics?

Are you looking to master a specific subject? Would you like to make sure you’re up-to-date on one

or two topics outside your day-to-day work? In my own life, I like to maintain a reading program that

exposes me to a variety of subjects and genres with the goal of general intellectual exploration, while

also digging more deeply into a few areas, including education, foreign policy, and leadership. Picking

one or two outcomes will allow you to set achievable goals to make the habit stick. 


Based on those choices, set realistic goals. Like many people, each year, I set a series of goals for

myself. These take the form of objectives I’d like to achieve over the course of the year (e.g., read 24

books in 2017) and daily or weekly habits I need to cultivate in accordance with those goals (e.g., read

for more than 20 minutes five days per week). For me, long-term goals are tracked in a planner. Daily

or weekly habits I monitor via an app called momentum, which allows me to quickly and simply enter

the completion of my habits on a daily basis and monitor adherence. These goals turn a vague desire to

improve learning into a concrete set of actions.


With goals in hand, develop a learning community. I have a bi-monthly book group that helps keep

me on track for my reading goals and makes achieving them more fun. Similarly, many of my writer

friends join writing groups where members read and edit each other’s work. For more specific goals,

join an organization focused on the topics you’d like to learn — a foreign policy discussion group that

meets monthly or a woodworking group that gathers regularly to trade notes. 

You might even consider a formal class or degree program to add depth to your exploration of a topic and the type of commitment that is inherently structured. These communities increase commitment and make learning more fun.


To focus on your objectives, ditch the distractions. Learning is fun, but it is also hard work. It’s so

extraordinarily well documented as to be almost a truism at this point, but multitasking and particularly

technology (e.g., cell phones, email) can make the deep concentration needed for real learning difficult

or impossible. Set aside dedicated time for learning and minimize interruptions. When you read, find

a quiet place, and leave your phone behind. If you’re taking a class or participating in a reading group,

take handwritten notes, which improve retention and understanding, and leave laptops, mobiles devices, and other disrupting technologies in your car or bag far out of reach. And apart from physically

eliminating distractions, consider training your mind to deal with them. I’ve found a pleasant impact of

regular meditation, for example, has been an improvement in my intellectual focus which has helped

my attentiveness in lectures and ability to read difficult books.


Finally, where appropriate, use technology to supplement learning. While technology can be a distraction, it can also be used to dramatically aid a learning regimen. Massive Open Online Courses

(MOOCs) allow remote students to participate in the community and learn from some of the world’s most brilliant people with the added commitment of class participation. Podcasts, audiobooks, e-readers,

and other tools make it possible to have a book on hand almost any time. I’ve found, for example, that

by using audiobooks in what I think of as “ambient moments” — commuting or running, for example — I can nearly double the books I read in a year. Good podcasts or iTunes U courses can similarly

deliver learning on the go. Combine these tools with apps that track your habits, and technology can

be an essential component of a learning routine.


We’re all born with a natural curiosity. We want to learn. But the demands of work and personal life

often diminish our time and will to engage that natural curiosity. Developing specific learning habits

— consciously established and conscientiously cultivated — can be a route to both continued professional relevance and deep personal happiness. 


Maybe Roosevelt had it right: a lifetime of learning can be a success in itself.


About the author


John Coleman is a coauthor of the book, Passion & Purpose: Stories from the Best and Brightest

Young Business Leaders. Follow him on Twitter at @johnwcoleman.

This article is about MANAGING YOURSELF. It is available online at https://hbr.org/2017/01/makelearning-a-lifelong-habit

Vocabulary

Curiosity (n.) ความอยากรู ้หยากเห็น We’re all born with a natural curiosity. เราทุกคนเกิดมาพร้อมหับ

ธรรมชาติของการอยากรู ้หยากเห็น

Voracious (adj.) having a very eager approach to an activity e.g. having a very eager approach to an

activity. – My voracious reading of literature

ditch (v.) ทิง or abandon e.g. ditch the distractions ้

emulate (v.) imitate e.g. His is not a hairstyle I wish to emulate.

Relevance (n.) the quality or state of being closely connected or appropriate e.g. professional relevance

Cultivation (n.) the process of trying to acquire or develop a quality or skill e.g.

The cultivation of good staff–management relations.

Reinvigorate (v.) to give new energy or strength to e.g. Ee are fully committed to reinvigorating the

economy of the area”.

conscientiously (adv.) in a thorough and responsible way e.g. He applied himself conscientiously to his

profession.


Questions

1. What does the word ‘He’ in line 3 refer to?

2. What are John Coleman’s attitudes toward new communication technologies like smartphones or

the Internet?

3. Who was Roosevelt? What was unique about his learning habit?

4. John Coleman mentions a few devices to aid our ‘learning on the go’. What are some of those devices?

5. What is the first thing to do to develop an effective learning habit?


6. Apart from reading books, what are other methods to help us develop our learning habits?


7. Somewhere in the passage, the writer suggests that we “ditch the distractions.”. What does he mean by ‘distractions? What are some of those distractors?


8. According to John Coleman, what is the benefit of handwritten notes?


9. What is the role of technology in the process of learning-habit formation?


10. According to John Coleman, what obstructs us from following our natural curiosity?


ER Scale and ERF Graded Reader Scale

ERF Graded Reader Scale

ERF Graded Reader Scale

 What is a headword?

In a dictionary, a headword is a word which is followed by an explanation of its meaning.

a word or phrase that is listed separately with its own definition, examples of use, etc. in a dictionary or similar book:

Example

headwords counts (A headword is similar to a dictionary entry where a group of words share the same basic meaning. E.g.  helps, helping, helpful, helpless).



Note

ER Scale by Rob Waring

http://robwaring.org/rw-scale/


http://erfoundation.org/wordpress/wp-content/uploads/2012/07/ERF_Scale_2013.png


Yomiyasu Level

https://jalt-publications.org/files/pdf-article/jalt2014proc_018.pdf


Journals Related to ER and ELT

 

https://hosted.jalt.org/er/erj



https://readingmatrix.com/



Yuval Noah Harari's '21 Lessons for the 21st Century

Yuval Noah Harari's '21 Lessons for the 21st Century (2019)

Note: Please be informed that the content of this repository (blog) is created for language learners' discussions.

Before reading 


Before you read

- What jobs do you think are likely to be prevalent in the coming decades?

- Are you worried about the future?

- Have you met anyone who is considered to be a nanotechnologist?

- What does the word 'to exploit ' mean?

- What prefix can be found in the word 'irrelevant'? What does it mean?

Work in the 21st Century - a big change - from exploitation to Irrelevance 

The 21st century is a challenge for humanity. For Harari, there are three challenges, which are (1) nuclear war, (2) ecological collapse, and (3) technological disruption. Work in the near future (this year is 2021), will be influenced by technological disruption and ecological challenges, not to mention pandemics and inequality.

For Harari, work will be different. Not for the better unless we are well-prepared. "The challenge posed to humankind in the twenty-first century by infotech and biotech is arguably much bigger than the challenge posed in the previous era by steam engines, railroads, and electricity. (p. 35)"

AI and automation will create challenges for humans. Automation will soon eliminate millions upon millions of jobs, and while new jobs will certainly be created, it is unclear whether people will be able to learn the necessary new skills fast enough. Suppose you are a fifty-year-old truck driver, and you just lost your job to a self-driving vehicle. Now there are new jobs in designing software or in teaching yoga to engineers – but how does a fifty-year-old truck driver reinvent himself or herself as a software engineer or as a yoga teacher? And people will have to do it not just once but again and again throughout their lives, because the automation revolution will not be a single watershed event following which the job market will settle down, into a new equilibrium. Rather, it will be a cascade of ever bigger disruptions, because AI is nowhere near its full potential.

Old jobs will disappear, new jobs will emerge, but then the new jobs will rapidly change and vanish. Whereas in the past human had to struggle against exploitation, in the twenty-first century the really big struggle will be against irrelevance. And it is much worse to be irrelevant than exploited.

On page 35, Harari argues that some humans will be made irrelevant, at least from the economic and political perspectives. This is a serious argument, and it was the correct futuristic picture, it would be scary.

He puts it that "those who fail in the struggle against irrelevance would constitute a new “useless class” – people who are useless not from the viewpoint of their friends and family, but useless from the viewpoint of the economic and political system. And this useless class will be separated by an ever-growing gap from the ever more powerful elite."

Harari urges us to be aware of the AI and automation disruption. Even with primitive AI, it is enough to disrupt the global balance. 

Just think what will happen to developing economies once it is cheaper to produce textiles or cars in California than in Mexico? And what will happen to politics in your country in twenty years, when somebody in San Francisco or Beijing knows the entire medical and personal history of every politician, every judge and every journalist in your country, including all their sexual escapades, all their mental weaknesses and all their corrupt dealings? Will it still be an independent country or will it become a data-colony?
Fears of machines pushing people out of the job market are, of course, nothing new, and in the past, such fears proved to be unfounded. But artificial intelligence is different from the old machines. In the past, machines competed with humans mainly in manual skills. Now they are beginning to compete with us in cognitive skills. And we don’t know of any third kind of skill—beyond the manual and the cognitive—in which humans will always have an edge.

At least for a few more decades, human intelligence is likely to far exceed computer intelligence in numerous fields. Hence as computers take over more routine cognitive jobs, new creative jobs for humans will continue to appear. Many of these new jobs will probably depend on cooperation rather than competition between humans and AI. Human-AI teams will likely prove superior not just to humans, but also to computers working on their own.

Harari says that most of the new jobs will presumably demand high levels of expertise and ingenuity, and therefore may not provide an answer to the problem of unemployed unskilled laborers, or workers employable only at extremely low wages. Moreover, as AI continues to improve, even jobs that demand high intelligence and creativity might gradually disappear. 

Just as in the 20th century governments established massive education systems for young people, in the 21st century they will need to establish massive reeducation systems for adults. But will that be enough? Change is always stressful, and the hectic world of the early 21st century has produced a global epidemic of stress. As job volatility increases, will people be able to cope? By 2050, a useless class might emerge, the result not only of a shortage of jobs or a lack of relevant education but also of insufficient mental stamina to continue learning new skills.

After reading


Do you agree or disagree with the analysis of the future of work by Yuval Noah Harari?

Harari argues that it is much worse to be irrelevant than exploited. Do you agree with his opinion?

Are you worried that AI is taking our jobs?

Some people say that accepting AI within the workplace will cut out mundane jobs no one wants to do and allow humans to focus on more important and enjoyable tasks. Do you agree or disagree with this prediction/assertion?

References

"How to Survive the 21st Century". Available online at https://www.weforum.org/agenda/2020/01/yuval-hararis-warning-davos-speech-future-predications/

Harari, Noah, V. (2019). 21 Lessons for the 21st Century. SPIEGEL& GRAU.

Harari, T. A. (2018). WHY TECHNOLOGY FAVORS TYRANNY. The Atlantic. https://www.theatlantic.com/magazine/archive/2018/10/yuval-noah-harari-technology-tyranny/568330/

About the author

Photo credit: https://www.youtube.com/user/YuvalNoahHarari

Professor Harari was born in Haifa, Israel, to Lebanese parents in 1976. He received his Ph.D. from the University of Oxford in 2002, and is now a lecturer at the Department of History, the Hebrew University of Jerusalem.



Wednesday, August 25, 2021

Business @ the Speed of Thought - A best-selling book by Bill Gates and Collins Hemingway

 "Business @ the Speed of Thought" - A best-selling book by Bill Gates and Collins Hemingway

Note: This has been prepared for English language learning only.
I am an ESL/EFL teacher n Bangkok, Thailand.

Pre-reading questions
1. Do you know who Bill Gates is?
2. Why do many modern businesses (companies) start using computer technology in their operations and planning?
3. Why speed and accuracy are essential in business?
4. Do you know what 'harness' means?
5. Have you ever purchased any items on the Internet? 
6. Have you purchased any products or items from Marks and Spencer?

A book review by Janpha Thadphoothon



I would like to recommend this, a best-selling book by Bill Gates. Yes, it is called "Business @ the Speed of Thought" Why this book? Not because of the fact that it was written by Bill Gates and Collins Hemingway in 1999, but because it is a great one, discussing how business and technology are integrated. It also explains how digital infrastructures and information networks can help someone get an edge on the competition.

Technology is a tool for everybody, including businesses and enterprises. Bill gates said that:

"The 2000s will be about velocity...The successful companies of the next decade will be the ones that use digital tools to reinvent the way they work."

And that was in the late 1990s. Now, his prediction can be felt and witnessed around the globe. It is universally accepted that the capabilities of digital systems are one of the key factors in modern business and societies.

I would like to show you one of the examples given in the book on the use of digital technology to give an edge to companies.


On pages 237 - 28:

'Knowing Customers through the Sandwiches They Buy'

With its new digital infrastructure in place, Marks and Spencer is beginning to capture an incredible array of data on customer buying patterns. Data from each store is sent electronically to the main data center in London. Fully implemented, the dynamic flow of information will enable Marks and Spencer to analyze purchases as they occur (happen) instead of waiting overnight.

Marks and Spencer will be able to adjust stock throughout the day across the whole chain. Before, the company would stock its stores with gourmet sandwiches according to sales from the day before and would have to make the sandwiches at night. The retailer's 400 food suppliers worldwide will be able to make fewer products (less product) initially and then complete the orders in response to regular sales reports from Marks and Spencer during the day.  A store won't need to run out or end up with excess inventory, and customers get fresher consumables. 

The system will even get automatic feed from local weather services and be able to make appropriate food stocking suggestions - soup, maybe, if the forecast is for the stormy weather or meat for barbecue if the day will be sunny.

A similar application of information technology enables Marks and Spencer to work closely with its more than 300 clothing manufacturers. 


                                           Marks and Spencer
                 Photo credit: http://www.soidb.com/bangkok/store/marks-spencer-silom-complex.html


When Marks and Spencer launches a dress in two colors - say, red and blue - it quickly knows which one is selling better in which markets. Suppliers work on a just-in-time basis: they make smaller quantities initially and tune production to actual sales.

Other industries have used just-in-time techniques for manufacturing components and mechanical parts. Marks and Spencer is the first to apply just-in-time inventory techniques to perishable foods and well-tailored finished clothes.

Marks and Spencer's growing database of specific customer data includes not only what item an individual customer bought on a particular day, but what else the buyer purchased in other departments and the time of day of the purchases. Marks and Spencer can aggregate this information to create highly targeted marketing initiatives. Knowing that British customers frequently buy strawberries and whipping cream together and coffee and cookies together, the company can promote and cross-sell the related items in store displays. Or Marks and Spencers can use the data on the individual level to make customer service a proactive invitation to do more shopping.

Knowing that you are a lover of fine wines and seafood, the local store can send you a postcard or one day an email inviting you to a special wine-tasting event and send you a packet of complimentary seafood recipes. Knowing your preference for a certain designer's clothes, the store can let you know when the new styles from that designer arrive.




After-reading Activities

A. Questions

1. Did Marks and Spencer make the right decision in using computer technology in their business? Why?

2. Is it ethical to collect data from customers for marketing purposes? Why?

B. Discussions

Why Lazada is successful in its online business?


Extensions

1. M & S ads


2. Bill Gates' Interview on his book 






 


Reference

Gates, B. and Hemingway, C. (1999). Business @ the Speed of Thought. Warner Books.

  





Tuesday, August 24, 2021

What is the difference between stakeholder capitalism, shareholder capitalism, and state capitalism?

Stakeholder Capitalism - For "English Language Learning Only"

Tasks:


1. Define what capital is.

2. Explain three terms: stakeholder capitalism, shareholder capitalism, and state capitalism.

3. Explain the key differences between the three capitalisms.

4. Why do the authors say that the preferred economic system is the stakeholder one?

5. In your opinion, which economic system is suitable for your country/society? Why?



What is the difference between stakeholder capitalism, shareholder capitalism, and state capitalism?



Pre-reading activity


Do you know these words and phrases?


- an economic system - e.g. Thailand's economic system

- capitalism - a capitalist e.g. a capitalist society

-  to bring about (phrasal verb of bringing) e.g. cause something to happen e.g. A.I. will bring about many changes.


- a shareholder  e.g. meeting with new shareholders

- governments/states e.g. Asean's member states

- Green environment e.g. a government promoting the environment

- equity and equality = To make the society more equal

- benefits e.g. who will benefit from the development?

- prominent = important or famous e.g. prominent systems / persons

- emerging markets = a new market

- market economy = 
an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

- short-term / long-term profits

- to dominate X e.g. the economic system that dominates the world

- the best interest of society e.g. Is that for the best interest of the society

the hegemony of the state e.g. 
leadership or dominance of a particular state or country
e.g. the hegemony of the US


Henry Ford said once that: 


The highest use of capital is not to make more money, but to make money do more for the betterment of life.


A book by two scholars

1. Prof. Klaus Schwab, founder and executive chairman of the World Economic Forum;
2. Peter Vanham, Head of Chairman's Communications and the International Media Council at the  World Economic Forum



***
The world currently knows two prevailing and competing economic systems: shareholder capitalism, which is dominant in many Western economies, and state capitalism, which is prominent in many emerging markets.

More

Both systems have led to tremendous economic progress over the past few decades. They left us with a world that is more prosperous than ever before. But each has equally brought about major social, economic, and environmental downsides. They led to rising inequalities of income, wealth, and opportunity; increased tensions between the haves and the have-nots; and above all, a mass degradation of the environment.

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Given the shortcomings of both of these systems, we believe we need a new, better global system: stakeholder capitalism.

 

In this system, the interests of all stakeholders in the economy and society are taken on board, companies optimize for more than just short-term profits, and governments are the guardians of equality of opportunity, a level-playing field in competition, and a fair contribution of and distribution to all stakeholders with regards to the sustainability and inclusivity of the system. 


More

But how can we achieve this? What does it look like in practice? And where did the current two systems go wrong? Let us start with the last question first and take a closer look at the two prevailing systems of today.

Please look at the table below:


Comparing shareholder, stakeholder and state capitalism


Consider first shareholder capitalism. It is the form of capitalism in which the interests of one stakeholder, the shareholder, dominate over all others. Companies operate with the sole purpose of maximizing profits and returning the highest possible dividends to shareholders.

That is the force we have seen at work in the past few decades. Moreover, as companies increasingly became global, the power of unions evaporated, and the ability of national governments to act as an arbiter declined. It led to a situation where shareholders became not just preeminent nationally but dominant globally, and many other stakeholders—employees, communities, suppliers, governments, and the environment—lost out as a consequence.

In recent decades, another form of capitalism emerged as an alternative: state capitalism. It, too, is a capitalist model, if we follow the definition that a system is capitalist when “private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society.”

Despite this, the state is considered the most important stakeholder and retains power over individual shareholders. The government achieves its dominant role in at least three ways. First, it keeps a strong hand in the distribution of both resources and opportunities. Second, it can intervene in virtually any industry. And third, it can direct the economy by means of large-scale infrastructure, research and development, and education, health care, or housing projects.

Theoretically at least, it solves a major shortcoming of shareholder capitalism because there are mechanisms in place to ensure that private and short-term interests do not overtake broader societal interests.

This system allowed Singapore, China, Vietnam, and more recently countries such as Ethiopia, to build a strong and growing economy, while keeping, if needed, private corporate interests in check. In fact, were it not for state capitalism, large parts of the developing world may not have seen a major growth spurt at all.



But as economists such as Branko Milanovic (in his book Capitalism, Alone) have argued, state capitalism too has its fundamental flaws. Most importantly, given the hegemony of the state, corruption is a constant threat. Favoritism can play a role in distributing contracts, and the application of the law can become arbitrary, given the lack of checks and balances. When those at the top of the state assess an economic trend wrongly, the vast resources they control risk getting misallocated. It creates an issue that is almost the mirror image of that in shareholder capitalism.
 

In both shareholder and state capitalism, the dominance of one stakeholder over the others is the system’s greatest flaw. In shareholder capitalism, shareholders’ aims are often the singular focus; in state capitalism, the government wields too much power. We therefore advocate for a third system, which can be defined as stakeholder capitalism. So, what does this mean?


Stakeholder capitalism, first of all, is also a form of capitalism: individuals and private companies make up the largest share of the economy. This is, we believe, a requirement for a sustainable economic system: Private individuals and companies must be able to innovate and compete freely, as it unleashes the creative energy and work ethic of most people in society.



The economic activities of such private actors must also be protected and guided, to ensure the overall direction of economic development is beneficial to society, and no actor can freeride on the efforts of others. This is the kind of capitalism we ought to endorse.


But stakeholder capitalism does fundamentally differ from the other forms of capitalism we saw, in a way that overcomes much of their shortcomings. First, all those who have a stake in the economy can influence decision-making, and the metrics optimized for in economic activities bake in broader societal interests.


Moreover, a system of checks and balances exists, so that no one stakeholder can become or remain overly dominant. Both government and companies, the main players in any capitalist system, thus optimize for a broader objective than profits: the health and wealth of societies overall, as well as that of the planet and that of future generations. That interdependence can be seen in figure 1.


It makes stakeholder capitalism the preferred economic system and the one we ought to implement going forward. 







This text is adapted from “Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet, by Klaus Schwab with Peter Vanham.

 

Note:
What is capital? Capital is a broad term that can describe any thing that confers value or benefit to its owner, such as a factory and its machinery, intellectual property like patents, or the financial assets of a business or an individual. While money itself may be construed as capital is, capital is more often associated with cash that is being put to work for productive or investment purposes.




References

"What is the difference between stakeholder capitalism, shareholder capitalism, and state capitalism?" From https://www.weforum.org/agenda/2021/01/what-is-the-difference-between-stakeholder-capitalism-shareholder-capitalism-and-state-capitalism-davos-agenda-2021/

https://www.forbes.com/quotes/4084/#:~:text=The%20highest%20use%20of%20capital%20is%20not%20to%20make%20more,for%20the%20betterment%20of%20life.

What is capital? from https://www.investopedia.com/terms/c/capital.asp


Task (After-Reading)

Tim borrowed some money ( one million Baht) from a bank. The money from the bank meant that he had to pay interests.  He bought a new car to park in front of his house. Is this the best use of capital? Discuss.



Friday, August 13, 2021

Great Website

 


Useful Sites for E R

  resources

www.elllo.org   < AWESOME!!!!!

www.er-central.com

https://www.oxfordonlineenglish.com/free-english-listening-lessons

https://busyteacher.org/classroom_activities-listening-worksheets/

https://www.podcastsinenglish.com/

https://www.fluentu.com/blog/english/esl-english-podcasts/




In Progress

How to Start an ER Program without Graded Readers #1692

Fri, Aug 13th, 11:45 ~ 12:05 Asia/Bangkok

Click to enter Session [Zoom]

Will be recordedER without Graded ReadersAll LearnersDay 2

Tom Robb

Later Sessions


Tuesday, August 10, 2021

ERAW 2021 Preparation

 Aug 9, 2021, 7:46 PM (10 hours ago)

to ERAW, bcc: me


Dear Colleague,



Thank you for offering to host for ERAW 2021. We are sorry not to get back to you sooner. The conference is now just a couple of days away!


We have made:


A draft schedule for room hosts


A procedure for room hosts


A google form to check that you are ready to go


A #room-hosts channel on discord 


Information sessions from 12:00-13:30 JST tomorrow (10th August) and 19:00-20:30 Wednesday (11th August) 



We would like you to


Check the schedule and let us know if the times are convenient.


Check the procedure.


Complete the google form checklist https://forms.gle/8HvjrvaSV5pwyGU78


Join the information sessions if you have any questions or would like to practice in Zoom. You will be able to find a link here: https://eraw2021.edzil.la/ 


If possible join discord https://discord.gg/nsWBYNzDbV. And join the #room-hosts channel. We will use this as an extra communication channel. 


 


The google form contains links to the schedule and procedure, so you can just work through the form and refer back to the schedule and procedure from there. Links are also here for your convenience:


"ERAW2021 Room Hosts Procedure" 


https://docs.google.com/document/d/1rZ202hnDNMtQ9H6-V5OIWw-EK8iKpscMs_F1jtI75S8/


Hosts schedule


https://docs.google.com/spreadsheets/d/1B5G27Sup3AGDXfGmFwlbj6QBg207o00j3WnvzQ2ushE 


 


Please let us know if you have any problems or questions,


 


Mark and Wendy


Extensive Reading Around the World



2 Attachments


Janpha Channel <janphadpu@gmail.com>

5:34 AM (53 minutes ago)

to ERAW


Thanks. Instructions received

Janpha.


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