Dairy Farm Group CEO Ronald Floto Lecturing at Lingnan School

Dairy Farm Group CEO Ronald Floto visited the Lingnan College and delivered a lecture titled “An Insight into Industry Transformation in the Age of Globalization” on May 14. In his lecture, he stressed the importance of leadership and said that a company administrator should possess the ability to identify the trend of industry development in the age of globalization so as to gain first mover advantage to make a success story. Meanwhile, he introduced a model for transformation analysis and let the present students to analyze the changes in various industries in group. The two-hour lecture enables those MBA students to understand the significance of the ability to perceive industry changes and take advantage of it as a future leader, master the transformation analysis model, and all the more realize the ongoing or upcoming transformation in industries and the great opportunities thus occur.

In the same morning, Mr. Floto, together with Dairy Farm CFO Sino Cheng, T.H.Jim and Belinda Li from Beiya Industrial, also had free talks with Lingnan MBA student representatives and answered their questions. Floto said highly of Lingnan School’s international approach to its MBA program and was greatly delighted by its rapid development. Officials from Lingnan School exchanged ideas with them on such topics as summer internship and company investigation and reached agreement according to which Lingnan School will send its MBA students to investigate the subsidiaries under Dairy Farm on an annual basis.

Graduated from the U.S. Military Academy at West Point and earned an MBA from Harvard Business School in 1971, Mr. Ronald Floto has 30 years of experience in retailing industry and began to assume Dairy Farm CEO position since 1997. Under his leadership, Dairy Farm, whose sales volume reached 5.1 billion US dollars in last year, has become the topnotch retailing powerhouse in the Asian-Pacific region. Currently, it employs 60,000 staff and owns many well-known brands such as Wellcome, Manning, IKEA and 7-Eleven. It is under his support that Dairy Farm has sponsored Lingnan’s MBA program and invited high profile figures in business with international reputation to deliver lectures at Lingnan, six years in a row.