Page 65 - USI Newsletter No.94

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Leadership Principles: Visionary leadership is crucial, and Acer started with the vision of being the "gardener of microprocessors,"
actively introducing and developing American microprocessing technology. The concept of vision was originally
Wisdom and Value Creation proposed by Jim Collins, representing the ideal state to be pursued in the future and providing a long-term
outlook for the organization's mission and values. A powerful vision can inspire the motivation of organizational
in Times of Change members, generating resonance and cohesion in the pursuit of common goals.
Mindset and Communication Approach in the Face of Change

Author: Taiwan Taipei Office / ADM / Corporate Service / Anita Huang Change is an evolutionary process. It is important to "start early" to accumulate capabilities and experience.
Lecturer: The Founder of Acer Group / Stan Shih "Start with small adjustments" that are manageable in terms of risk. If there are setbacks, consider them as
tuition fees and transform the experience into opportunities. Only through change and paradigm shifts can
there be a chance for success.

Old methods are insufficient to face the future, so entrepreneurial spirit is crucial. Entrepreneurial spirit means
having a general direction and crossing the river by feeling the stones. In this process, effective communication
and mutual agreement are essential. In terms of communicating change, Mr. Shih proposes the leadership
principles of "3C before action, 5C for decision-making." The 3Cs represent Communication, Communication,
and Communication, emphasizing the importance of constant communication. The 5Cs add Consensus and
n the management forum of the second quarter of 2023, we invited Mr. Stan Shih, a renowned figure in
Commitment. It is essential to engage in discussions with a group of people, clarify the overall direction, and
the management field and the founder of Acer Group, to share his management principles accumulated
determine what needs to be done and how to do it effectively. This requires obtaining commitment through
I over nearly 50 years. At the beginning of the forum, Mr. Shih humbly requested to be addressed as
communication. Communication should maximize the expression of hidden value and create a sense of impact.
�Stan,� aiming to bridge the gap between himself and the audience.
For example, embedding the company's philosophy through slogans can deeply resonate with people.

How to Break Through Bottlenecks and Create Value?
Fundamental Beliefs of Leadership During the process of change, bottlenecks are inevitable and can hinder the effective realization of value.

Mr. Shih proposes the concept of "Wangdao" as his management philosophy, encompassing leadership Breaking through bottlenecks requires three core capabilities: "innovation with a systems perspective,"
principles for organizations of all sizes. The core spirit of this concept is that "an organization should create "integration across fields," and "exploration of root causes." These capabilities can be enhanced through
value for society, consider the balanced interests of stakeholders, and ensure the sustainable and continuous experiential and mindset changes, as well as cross-domain collaboration. Management innovation serves as an
operation of the organization." example where companies can approach management from a human perspective, such as through employee
stock ownership plan or promoting a shared mission.
Creating value is of utmost importance, and Mr. Shih emphasizes the "Six-aspect Values" with six dimensions.
When facing the future, it is crucial to place more importance on the "indirect," "intangible," and "future" value. Furthermore, it is essential to understand and challenge the blind spots of conventional human thinking.
As a leader, one should consider the indirect, intangible, and future value, understanding the investment of Adopting a "Me too is not my style" mindset encourages reverse thinking. Many issues cannot be innovated
resources to create hidden value, such as investing in talent, research and development, and brand image. without reverse thinking. If everyone follows the same path, it naturally limits the potential for value creation.

Value is co-created and needed to be exchanged between the supplier and the demander, further generating To benefit oneself, one must start with benefiting others. Mr. Shih has advocated the belief that corporate culture
value through mutual collaboration. If value cannot be exchanged effectively, it cannot be truly realized. Over is rooted in the inherent goodness of human nature since the early days of entrepreneurship. He encourages
time, the power of co-creation is fostered through dynamic balance of interests. Balancing interests is based on everyone to share all experiences with others. Implementing decentralized management allows employees the
the overall value and sustainability of the organization. If one only considers self-interest, it is impossible to opportunity to make decisions. Although employees may make mistakes, it is a reflection of an organizational
achieve relative balance. When distributing explicit value, the focus should not be on scarcity but on fairness. As culture that embraces and allows for mistakes.
for hidden value, such as a sense of accomplishment, it can be distributed more to employees. Acer has undergone three transformations in its pursuit of continuous success. Mr. Shih has consistently

challenged and negated past successful models, recognizing that embracing defeat is essential to creating new
Key Elements for Building Organizational Cohesion winning situations.

A strong corporate culture has a profoundly positive impact on both company performance and employee Facing a myriad of questions from colleagues, Mr. Shih fearlessly confronts each one head-on. We can feel him
engagement. Corporate culture needs to have a fundamental belief system, obtain consensus from participants, always focuses on global trends, as we stands on the shoulders of giants.
and make necessary adjustments from top to bottom.

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