Southern Institute of Technology business students took the opportunity to glean from the extensive knowledge of Dr Jacob Wood of James Cook University (JCU), Singapore, on Asia's strategic importance in New Zealand business, when the School of Business and Management recently hosted him as a guest lecturer.
Dr Wood is the Associate Dean of Research, and an Associate Professor of International Trade and Economics at JCU, who has extensive knowledge in international political economy, international trade policy, and research methods. He has had a SIT connection for many years as a supervisor and marker for the Master of Applied Management (MAM).
SIT invited Dr Wood to guest lecture on the topic of ‘Trade and Economic Development in Asia - Asia’s Century’, when they learned he was visiting New Zealand to see family. He delivered the lecture to around 30 Postgraduate Diploma in Applied Management (PDAM) and Master of Applied Management (MAM) students, and four staff members, on July 4th.
Dr Sanjeev Acharya, Programme Leader (Postgraduate) at SIT School of Business and Management said the topic has great relevance in understanding the critical role Asia plays in global trade and economic growth.
“Asia's strategic importance for New Zealand's international business landscape cannot be overstated. As we deliver an International Management paper, having a comprehensive understanding of the Asian market is crucial for our learners.”
SIT students benefited from Dr Wood's visit by gaining valuable insights into Asia's growing importance in global trade and economic development, and increased their understanding of aspects such as key economic trends and strategic developments. “His discussions, supported by data and facts, significantly enriched the session,” Dr Acharya said, adding it was essential for students in New Zealand to gain diverse global perspectives.
“... Asia is one of the most populous regions and a major trading partner; understanding the Asian market is essential for New Zealand's international business landscape. Dr Wood's lecture enhanced the student's ability to grasp the dynamics of the Asian market - it’s growth, development, complexities and opportunities - through critical knowledge.”
Since the guest lecture Dr Acharya said they had received “overwhelmingly positive feedback” from their learners. MAM student, Gayan Jayawardana, described Dr Wood’s lecture as an enlightening experience. “’Asia’s Century’ offered us a comprehensive view of how Asia is leading in various domains. We sincerely appreciate SIT for arranging this informative session that has broadened our understanding of the global landscape.”
Dr Acharya added the knowledge gained would help equip SIT students to navigate and succeed in the global business environment, particularly in interactions with one of the world's most influential economic regions, as “...Dr Wood’s expertise and ongoing research in Asia offered profound insights into trade and economic development”.