January 15, 2020
Rick Foristel, Director of Webster University China
Prof. Klatte is the new Chair of the Shanghai American Chamber of Commerce Ethics and Compliance Committee.
Dr. Tim Klatte was just featured in the Shanghai American Chamber of Commerce monthly magazine, Insight. He is the chair of the newly created Ethics & Compliance Committee. He is a partner at Grant Thornton and heads up the firm's Shanghai Forensic Advisory Services. The firm provides global audit, tax and advisory services.
Prof. Klatte is adjunct faculty for the Walker School of Business at Webster University. He has taught MBA courses at both Webster China Shanghai and Chengdu. He was one of the several instructors who moved online in February 2020 to keep all Webster China classes open and operating. He introduced Smart Globalization, a three-credit elective that was more than a survey course of trends but practical examples of companies that have been smart about or not-so-smart about connecting internationally.
Prof. Tim Klatte leading a discussion of Webster IMBA alumni at Shanghai University of Finance and Economics, October 2020.
There is a great deal to connect the mission of the new AmCham Ethics group with the Smart Globalization class.
Prof. Klatte explains in the Insight interview, "We are focused on addressing compliance issues, including proactive and reactive strategies, compliance training, creating an ethical culture, developing local and sustainable compliance programs, enforcement updates, and an overview of local compliance-related rules and regulations.”
When he makes references to government or international cooperation, he dips into his early career, where he started his "career working in the U.S. government for the State Department," saying, "I spent two years in the United Nations (New York) addressing US-China economic issues before transitioning to the accounting industry."
Webster China Director, Rick Foristel (r.) seated with Prof. Tim Klatte, at the welcome to the 2021 IMBA new cohort in October.
A Global Look at Competition and Anti-Monopoly Trends
At Spring 2, 2021, Prof. Klatte will lead a business issues course at the Shanghai Webster IMBA Program. While both Houses of Congress and both U.S. parties are looking at the role tech companies play on social media and ecommerce, the Chinese government is moving toward regulating Alibaba and TenCent. The course, Anti-Competition and Anti-Monopoly, will assist students in assessing asset classes and risks, allowing them to "identify the major changes to the anti-monopoly and anti-competition landscape and analyze its effects on global economies.”