Mr. Shao is the founder and Chairman of Bright China Group, a social enterprise committed to the health of society and social welfare. Its for-profit businesses—which include real estate, and fixed-income and securities investments—operate for the benefit of its non-profit activities. Bright China Group’s non-profit work supports management and entrepreneurship education, training and consulting in Greater China and the United States. Beginning in the 1980s, Mr. Shao and his wife together built a successful multinational company based in Hong Kong and Mainland China. He returned to the Drucker Institute’s Board in 2019, having previously served from the Institute’s inception through 2015.