Website TerenceTse.com | Name Terence Tse | |
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Occupation Associate Professor of Finance Alma mater Cambridge Judge Business School | ||
terence tse 2013
Terence Chee Ming Tse [謝慈銘] is an educator, speaker, advisor and commentator. He is a co-founder of Nexus FrontierTech, an artificial intelligence studio. Tse is an Associate Professor of Finance at the ESCP Europe business school. In addition to working with the EU and UN, Tse regularly provides commentaries on the latest current affairs and market developments in the Financial Times, The Guardian, The Economist, CNBC, the World Economic Forum and the Harvard Business Review blogs.
Contents
- terence tse 2013
- Terence tse escp europe on youth unemployment for china central television
- Background
- Work
- References
He has also appeared on radio and television shows on China’s CCTV, Channel 2 in Greece, France 24 and Japan’s NHK, and delivered speeches at the United Nations, the International Monetary Fund and the International Trade Centre. On the invitation of the Government of Latvia, he was a keynote speaker at a Heads of Government Meeting alongside the Premier of China and the Prime Minister of Latvia. The Financial Times named Tse 'Professor of the Week’ for the FT lexicon in May 2013.
Tse’s books includes Understanding How the Future Unfolds: Using Drive to Harness the Power of Today's Megatrends (2017), co-authored with Mark Esposito. His second book, Corporate Finance: The Basics, came out in September 2017.
In 2017, through the DRIVE framework that he co-created with Mark Esposito, Tse was shortlisted for the Thinkers50 Breakthrough Idea Award.
Terence tse escp europe on youth unemployment for china central television
Background
Tse spent his childhood in Hong Kong before moving to Toronto. He obtained his PhD from the Judge Business School, University of Cambridge. He also holds a Master of Arts in Corporate Strategy and Governance from the University of Nottingham, UK, and a Master of Economics from the Universität des Saarlandes, Germany. He earned his Bachelor of Arts in German and Economics from the Western University, Canada.
Tse began his career in mergers and acquisitions at Schroders in Montréal and New York, which later became part of Citibank. Subsequently, he joined Lazard Brothers. He worked for Ernst & Young in London providing advisory to the UK financial services sector.
Work
Tse and Mark Esposito came up with the DRIVE framework. They argue that while it may appear that our world is changing randomly and unforeseeable events are emerging more often, the truth is that certain large-scale processes determine how businesses, governments and societies behave and decisions are made. In the vast oceans of knowledge, information and data, they have identified five undercurrents that can give some direction as to how the future will unfold. These megatrends, which they called DRIVE, include:
Demographics and social changes
Resource scarcity
Inequalities
Volatility, Scale and Complexity
Enterprising Dynamics
The idea of DRIVE is to get us to query more and think deeper about what is happening around us:
“To get away from the 'trap' of macrothinking, we started to look at what’s happening now. Our vocabulary is restricted by forward-looking words, such as forecasting and predicting and backward-looking ones, such as benchmarking. We don’t spend enough time looking at the present. If something is going to happen in the future, the seeds of that activity are taking root today. In the absence of an appropriate existing term, we refer to this practice as present-casting. The intention is to bring people’s focus to what is happening now.”
Looking through the lens of DRIVE, it would be possible to turn the concept of 'the future' into a more fluid thought process.
Prior to this, Tse co-founded the idea of Fast-expanding Markets (FEM) with Mark Esposito and Khaled Soufani, which is a foundation to the development of the DRIVE framework.