share without taking on additional expenses or putting in more money. To sum up‚ keeping spending under control‚ hiring the best minds and keeping them happy‚ and expanding for “free” leads to an impressive startup. 2. Leonard Liu added value to Acer by making employees responsible for their actions. Liu did this by introducing productivity and performance evaluations. Before Leonard Liu came on board‚ employees did not have a profit and loss responsibility and as we know‚ the difference
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Harvard Business School 9-399-011 Rev. April 9‚ 2001 Acer America: Development of the Aspire In early 1998‚ Stan Shih‚ CEO of Taiwan-based personal computer (PC) manufacturer Acer‚ Inc.‚ was reviewing the first estimates of 1997 year-end results. With revenue of $6.5 billion from own brand and sales to original equipment manufacturers (OEMs) such as IBM‚ the company was now acknowledged to be the third largest PC manufacturer in the world. Although the performance was respectable in the wake
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1 Background to Acer Acer is a global force in the IT market. The company’s goal (September 2009) is to become the world’s number one netbook vendor. Acer was founded by Stan Shih and his wife‚ with a group of fi ve others‚ as Multitech in 1976. The company was renamed Acer in 1987. It began with eleven employees and US$25‚000 in capital. Initially‚ it was primarily a distributor of electronic parts and a consultant in the use of microprocessor technologies‚ but over time it began to develop
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Acer Inc. Acer Inc. is known as a company that creates electronic devices for consumers. They make products such as‚ laptops‚ smartphones‚ storage devices‚ and servers. They were founded in 1976 in Taiwan‚ and their main headquarters remain there. Acer currently employees over 7‚700 people worldwide and have major operations in China‚ U.S.‚ Australia‚ and India. The company has made some key acquisitions over the years including; Gateway‚ Packard Bell‚ and Texas Instrument. The biggest acquisition
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during the process‚ and then give a note for the further developmental path for Acer in India‚ as well as the SWOT analysis for the current situation. 1. Introduction on Acer to enter India market Acer has been known as a Taiwanese multinational electronics and hardware company in these years. The corporation ranks the third in the list of the personal computer company all over the world from the year of 2007 (Acer‚ 2012). The products that they produced include laptop PCs‚ relevant servers
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critical Introduction Acer Incorporate is a leading manufacturer of personal computers and notebook computers. The company is into research‚ design‚ development‚ manufacture and distribution of IT products worldwide. The company markets Acer brand products‚ including mobile and desktop personal computers‚ servers and storage‚ LCD monitors‚ projectors‚ high-definition TVs‚ peripherals and e-business solutions throughout the world. The company principally offers its products under four key brands
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ORGANIZATIONAL BEHAVIOR Case Analysis – Acer‚ Inc: Taiwan’s Rampaging Dragon EXECUTIVE SUMMARY Stan Shih founded Multitech‚ now known as Acer‚ in 1976. Empowered by Shih’s vision and management style‚ the company grasped every opportunity that came its way. It grew from a 11-employees company to a 5000 employees company in no time. The company‚ however‚ after generating profits for years‚ went through the painful professionalization of its management. Change in the competitive dynamics in
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Acer‚ Inc. – Taiwan’s Rampaging Dragon. Synopsis of the situation Shih Chen Jung was born in 1945. In 1972 he earned his maters degree and started working as an engineer for Qualitron Industrial Corporation. “In 1976‚ he and several friends founded Multitech International with a $25‚000 initial investment. They started by designing hand-held electronic games‚ and then expanded into the distribution of imported semiconductors. Shih renamed his company Acer Inc. in 1981” (Net Industries‚ 2007. pg
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Acer‚ Inc was started in 1976 as a company originally named Multitech by Stan Shih‚ his wife‚ and three friends. He lies the foundation that was later called Acer 1-2-3 saying that above all‚ customer came first‚ employees second‚ and shareholder thirds. Acer was known by its strategy to develop joint ventures to expand sales‚ join force with commoners’ culture‚ and targeted small neighboring markets that were lesser interest to global giant. Its offshore expansion plan started in 1987 with the
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Acer‚ Inc: Taiwan’s Rampaging Dragon Michelle L Danielle Humphreys Lizbeth Esi 2) Executive summary Acer‚ Inc‚ is a Taiwanese personal computer (pc) company‚ originally known as Multitech‚ was founded in Taiwan in 1976‚ by Stan Shih‚ his wife and three friends. Under the guidance of the CEO Shih‚ a strong norm of frugality‚ nobility‚ evidenced by his many slogans‚ employee involvement and ownership‚ an anti-classic Chinese entrepreneur’s tight personal control‚ and joint ventures led to early
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