Founder-CEO Succession at Acer
-
Upload
mukund-kabra -
Category
Documents
-
view
222 -
download
0
Transcript of Founder-CEO Succession at Acer
-
7/21/2019 Founder-CEO Succession at Acer
1/14
FOUNDER-CEO
SUCCESSION AT
ACERBy
Abhishek Panda
F038
Sudhanshu Bhasin
F008
-
7/21/2019 Founder-CEO Succession at Acer
2/14
Introduction
Stan Shih
Founder and Chairman
Acer inc.
Leonard Liu
President
Acer inc.
Ground Troops & ParatroopersWestern & Chinese styles of ManagementCarolyn Conundrum
-
7/21/2019 Founder-CEO Succession at Acer
3/14
Shihs Background
Shih had a very early e!osure to
business "orld and he "as #uick to sort
out his basics$%arly turnover and
cash&lo"s' (ood academic record
)eclined o!!ortunity to study overseas
Chose *nitron over Philli!s$Led thedevelo!ment o& the &irst deskto!
calculator'
-
7/21/2019 Founder-CEO Succession at Acer
4/14
Qualitron & Shih(1972)
+incent Lin made him +P,-) Activities
/nnovationso! 10 outstandin2 youn2
!erson 145
6ualitron,Amon2 &astest 2ro"in2
com!anies in ai"an "ith Shih7s
res!onsibilities 2ro"in2
Success "as marred by bad cor!orate2overnance $/m!ortant Learnin2 &or
Shih'
-
7/21/2019 Founder-CEO Succession at Acer
5/14
Multitech(1976)
(eor2e uan29 Fred Lin$- ) eam'9 u
Chin Chuan$industrial )esi2n eam'9 :en
ai$Sales'9 -o2er Shen$rade Practices'
80; votes rule
-
7/21/2019 Founder-CEO Succession at Acer
6/14
Caroln Shih(!in Controller)
Lacked %!ertise in technolo2y
?ominal chair!erson o& the board to take the
&all
)id everythin2 auiliary to !roductdevelo!ment and business develo!ment
Procurement9 &inance9 accountin29 bill
!ayments
-
7/21/2019 Founder-CEO Succession at Acer
7/14
"round troo#s
First )istributors o& semiconductors
Com!uter hard"are and so&t"are develo!ers
ed7s Shares distributed to @nd(en at 0; o&
bookvalue %m!loyee reco2nition throu2h shares at
discounted value
*nconventional %SP !ro2ramme
%m!loyee im!rovement /nternal
Certi&ications
-
7/21/2019 Founder-CEO Succession at Acer
8/14
"ln $%ect
180 %)* 80
-
7/21/2019 Founder-CEO Succession at Acer
9/14
a'#aging ragon goesInternational
-evenues tri!led &rom 18,85
Launch o& Gorld7s second 3@ Bit PC
%!ansion to %uro!e and South %ast
Asia
184
-
7/21/2019 Founder-CEO Succession at Acer
10/14
a#'#aging ragon goes South
"o Failed ac#uisitions &ollo"ed by
technolo2ical chan2e renderin2 Acer7s
o&&erin2 !ointless
Ac#uisition o& Service /ntelli2ence &or A&tersales in *S but ended u! "ith hu2e
losses$18'
(lobal e!ertise and e!osure re#uired Alvin on2$% /B
-
7/21/2019 Founder-CEO Succession at Acer
11/14
eonard iu
Shih "as lookin2 &or !rior e!erience in
mana2in2 masses and kno",ho" to
make the best o& ?orth American market
Liu @0 year Com!uter /ndustry +eteranbased out o& Santa heresa9 Cali&ornia.
(ood academic back2round9 Ph.) &rom
Princeton *niversity echnolo2y )evelo!ment9Sales9
-
7/21/2019 Founder-CEO Succession at Acer
12/14
ius I'#act
Chan2e in r2 Structure to SB*s and -B*s
-es!onsibilities came "ith accountability
Packard Bell )ell unconventional business
models Acer no"here near -am!a2in2 )ra2on tar2et
Altos Com!uter Systems Ac#uisition
11First ever loss re2istered by Acer o"in2
to Altos
)i&&erences in a!!roaches o& /B< Acer
blamed &or the losses
-
7/21/2019 Founder-CEO Succession at Acer
13/14
!inal Situation
(ro"in2 ri&t bet"een Carolyn Liu
Shih "orried about "hat ideolo2y "ould
"ork to"ard achievin2 the -am!a2in2
)ra2on tar2et hree years o& I1; 2ro"thJGho "as
to blameE
-
7/21/2019 Founder-CEO Succession at Acer
14/14
hank >ouKKK