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If a group of management sciences professors at City University have their way, the Centa-City Index, a winner of CityU's prestigious Applied Research Excellence Awards in 2001, may become as widely accepted and creditable as the Hang Seng Index in measuring the territory's economic health.
A CityU project will provide SMEs in Hong Kong and the Pearl River Delta region with the tools and resources needed to improve their productivity and competitive advantage, according to Dr Peter Lo, Chief Executive Officer of the Hong Kong Science and Technology Parks Association. Dr Lo inaugurated the University's Product Lifecycle Management Competency Unit (PLMCU) on 17 September.
An audience of more than 120 turned up on 19 September to honour the winners of CityU's Third Applied Research Excellence Awards, organized by the Industrial and Business Development Office.
If a group of management sciences professors at City University have their way, the Centa-City Index, a winner of CityU's prestigious Applied Research Excellence Awards in 2001, may become as widely accepted and creditable as the Hang Seng Index in measuring the territory's economic health.
CityU's Department of Manufacturing Engineering and Engineering Management (MEEM) has signed a multi-million dollar agreement with Dassault Systemes and MTECH Engineering Co Ltd that will help boost innovation, productivity and competitiveness in small and medium enterprises (SMEs) in the Pearl River Delta region.
Hong Kong has never been short of indices, particularly in the economic and business arena. We have, for example, the Hang Seng Index to gauge the volatility of its stock market. CityU's Department of Management Sciences, in co-operation with Centaline Property Agency Ltd, produces the Centaline Index to record the ups and downs of the local residential property market.
Hot on the heels of the successful public listing of TeleEye Holdings Ltd, CityU is banking on yet another winner in the Smart Asset Management (SAM) Research Laboratory, which was launched at a donation ceremony on 14 May.
The best and the worst performing consumer commodities/service in Hong Kong last year were CDs and internet service providers, respectively, according to the findings of a group of researchers from the Department of Management Sciences. The consumer satisfaction index they have developed does more than just measure consumer satisfaction.
As cost-conscious consumers, we are all deeply interested in knowing how far we can stretch our dollars-and whether we are getting value for all the money we are spending.

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