Have you ever wonder why students always hand in project on the last minutes?

2014 is the rise of the e-sport, a term that represent competitive gaming. Video games while being largely criticized as distraction and  a waste of time, have gain new value as the competitive scene grew bigger and bigger.  A game like League of Legend that only has a history of 4 years have a surprising evolution ins the recent years.

It is unbelievable how the game has evolved in the short spam of 4 years, and it is apparent that the trend of video games have grown exponentially and more and more people are joining the game either as a player or just spectators. I agree with Anthony’s claim that the game should be considered a sport because it contains: audience, teamwork, competition, coaches, and many sponsors. I started playing only two years ago and the game is very fun.

Their marketing strategy are very effective that I spend so much money on a “free” game. Different characters have different skins and you can look different in game at the cost of RP, a currency that need purchase by real life moneys. Once the money become RP, I started to treat it like it’s not money–similar to the way casinos use tokens to encourage gamboling. The premium feeling of owning the skin always make me feel special while the skins are not disruptive to other player. The marketing of the skins alone has made more than millions for the company.

https://blogs.ubc.ca/anfunyfung/

The rise of social media is apparent, and WhatsApp is a free app that most people already have on their phone. You might aske how does the app work. Whatsapp is a simple combination of all social medias that can replace all social media. It is that simple!

It contains features like Facebook that allow you to add friends, features like MSN that allow you to chat and send silly emoji, features like Instagram that allow you to share pictures or videos with friends, and lastly the App is bind with your phone number and it can also function as a cell phone.

The application grow in popularity quickly that even my parents started to use Wechat.(Chinese duplicate of Whatsapp) They enjoy the simple control and effective ways of communications the app provide. It is very surprising that there are still room for innovations in the social media industry that is already very competitive. Whatsapp is one of the disruptive innovation and the growth of the company is immense in just five years. The chinese company, Tencent  produced the similar product Wechat that is wildly used by most people in China, Hong Kong or Taiwan, and the application is likely to expand abroad to the larger market.

The social media industry is very competitive Whatsapp is one of the most successful application and we can anticipate further development of the company.

https://blogs.ubc.ca/aaronlee/

Priority System

In the business world, there are many tough decisions people need to make in order to succeed. In many cases, the different recommendations can lead to different results, and carefully planning and evaluations are essential to make the best decisions.

Nothing is easy as it looks, and numbers sometimes might not tell the truth about business. There are always bias and traps that will influence the decision making that may lead to undesirable results.

Out of all the traps, I think the Status-Quo trap is one of the most common.  I disagree with the adage “Learning history can help you tell the future.” because the world is constantly changing some efficient method of solving problems may not work anymore in few years. Starting a new action and open ourselves to new directions may be difficult and sometimes risky; however, many examples of disruptive innovation started as a break apart from the larger generally accepted industry for example: smart phone, electric car, social media etc.

Prof. Scott always stress the importance of critical thinking and independent evaluation, and he respect and value all of our opinions. Sauder encourage its students to think different and act differently to make a difference in the world.

Comment On: https://hbr.org/2006/01/the-hidden-traps-in-decision-making

Picture from: http://www.prioritysystem.com/reasons1d.html

Photo: Lucie Wynne cooks moose for dinner on the Kashechewan reserve in northern Ontario in 2005

One of the most important ideology for the First Nation is that everything is interconnected, and nature and humanity live in harmony. No one should ever disturb the balance with the environment for pursue economical profit.

Even though First Nations might not be the wealthiest, they have high awareness for nature and the importance environmental sustainability. Factories in China and oil depots in the Middle East have detrimental effect on the surrounding environment. From the perspective of the natives, the harmful wastes are unethical and should not be reproduced on their native lands.

The BC government has given economic opportunities toward the First Nation communities. In the recent years, First Nations have supported and developed many renewable resources like Site C which provide long term reliable energy for the entire province. Natives wants to be part of the solution of many environmental issues in the world, and their rules and limitation can effectively reduce the amount of pollution and waste.

First Nations’ different view on the environmentally issues have crucial impact on the future generations, and the First Nations make people understand the heavy responsibility to protect environment.

http://www.afn.ca/index.php/en/policy-areas/environmental-stewardship

http://fnbc.info/blogs/judith-sayers/how-do-benefits-site-c-vs-renewable-energy-projects-compare-first-nations