|Author Tomio Taki and Philadelphia University's Dr. Natalie Nixon|
The audience at Philadelphia University included students, faculty, alumni, trustees and other important guests, such as Mortimer R. Feinberg, Ph.D.., Philadelphia University President Stephen Spinelli Jr. and Trustee Chair William Whitmore Jr, designer Sarah Van Aken and Mary Doughtery, owner of Philadelphia’s Nicole Miller boutiques. The presentation was then followed by a lively audience Q&A and book-signing reception.
At the event, hosted by Dr. Natalie Nixon, associate professor and director of the new Strategic Design Executive MBA program at Philadelphia University, Taki shared stories from his childhood and professional career. He discussed the firing of Donna Karan from Anne Klein – and her subsequent “re-hiring” the following Monday as a 50/50 partner in Donna Karan International.
He also revealed an important piece of business advice for students: Never have a 50/50 partnership!
“In Japan a 50/50 split shows respect for your business partner,” Taki explained. “In the United States, it means that if you are in disagreement, nothing gets accomplished!”