Doug Guthrie: Is Decentralization China's Secret Sauce?
L2 - Hearst Tower
Module 1: Perspectives on Disruption: China's Emergent Luxury MarketDAVID CAREY | President, Hearst Magazines"Welcome"David
 Carey was named president of Hearst Magazines in June 2010. He is also a
 member of the Board of Directors of Hearst Corporation. During his 
tenure at Hearst, he was instrumental in the acquisition of more than 
100 magazines in 14 countries from Lagardére SCA, which greatly expanded
 Hearst's footprint in both the U.S. and internationally.Prior to joining Hearst, Carey was group president at Condé Nast, 
where he oversaw that company's media properties targeted to business 
and executive audiences. Carey led the print/digital startup of 
Portfolio and Portfolio.com and, before that, he was vice president and 
publisher of The New Yorker.Among other honors, Carey was named industry "Publisher of the Year"
 by Adweek in 2011 and was selected by Folio as a member of its "Dream 
Team" of publishing executives.
Carey serves on the Executive Committees of the American Advertising
 Federation and the Magazine Publishers of America. He is also a member 
of the CUNY Graduate School of Journalism Advisory Committee. Carey is a
 graduate of UCLA.
DOUG GUTHRIE | Dean, The George Washington University School of Business"Opportunity in Perspective: Approaching China"An expert in the fields of management, economic reform 
in China leadership, and corporate governance, Doug is the Dean of The 
George Washington University School of Business.Previously, he served as Professor of Management at NYU Stern School
 of Business. He also held a joint appointment as Professor of Sociology
 at NYU's College of Arts and Sciences. Doug has been a trusted adviser 
of both multinationals and local Chinese companies and a student of 
China for some 25 years. He is the author of Dragon in a Three-Piece 
Suit: The Emergence of Capitalism in China, China and Globalization: The
 Social, Economic and Political Transformation of Chinese Society, and 
Social Connections in China: Institutions, Culture, and the Changing 
Nature of Guanxi. He is currently writing China's Radical 
Transformation: Economic Reform, Global Integration, and Political 
Change in the World's Largest Nation, which is an in-depth look at how 
China's government-driven form of capitalism has successfully overcome 
traditional theories of development and helped China become the economic
 and political juggernaut it is today.In addition to NYU Stern, Doug has also taught at Harvard Business 
School, INSEAD, and the graduate schools of business at Stanford 
University, Columbia University, and Emory University. He received his 
B.A. in Chinese Literature from the University of Chicago and a Ph.D. in
 Organizational Sociology from the UC Berkeley.DUNCAN EDWARDS  | VP International Strategy, Hearst Magazines International
"China Through A New Media Lense"
Duncan Edwards is president and CEO of Hearst Magazines International, a
 unit of Hearst Corporation. Edwards is also executive vice president of
 Hearst Magazines and vice chairman of the National Magazine Company 
(NatMag), Hearst's publishing business in the U.K., and a member of the 
Board of Directors of Hearst Corporation.
As the largest U.S. publisher of magazines worldwide, Hearst Magazines 
International publishes more than 200 editions for distribution in more 
than 100 countries. Major titles include powerful brand equities like 
Cosmopolitan which, with 60 international editions, is the 
largest-selling young women's magazine and has more editions than any 
other magazine in the world; Esquire; Good Housekeeping; Harper's 
BAZAAR; Popular Mechanics; and Seventeen. In addition, Hearst Magazines 
International publishes other titles through joint ventures, including 
Men's Health and Runner's World in the U.K., Madison in Australia, and 
The Robb Report in Russia and China.
From 2005 to 2009, Edwards was chief executive of NatMag, which 
publishes 20 magazines in the U.K., reaching 14 million adults. He 
joined NatMag in 1989 and served in various executive roles since then, 
including publisher of Company magazine, director of business 
development and managing director.
During Edwards' time at NatMag, the company grew from publishing nine 
magazines in 2000 to 20 in 2009, through a mix of launches, acquisitions
 and joint ventures. Its digital business expanded to include not only 
online versions of its major magazines but also the U.K.'s leading 
women's interest portal, handbag.com, and the leading consumer health 
website, netdoctor.co.uk.
Edwards spent the early part of his career at Media Week Ltd. and holds a
 dual honors degree in geography and politics from Sheffield University.MAUREEN MULLEN & SCOTT GALLOWAY |  L2
"L2 Prestige 100®: China"
Maureen leads L2's research and advisory group and has benchmarked 
and/or developed digital and social media initiatives for over 300 
prestige brands. She began