CityU Alumni Relations Office (ARO)
arranged a seminar named “The way of live under the Changing World” (「變動世界的生存之道」) in the Eminence Galaxy Alumni
Function Room on 17th Feb 2017.
ARO invited Dr. Stan Shih (施振榮), Co-founder and Honorary Chairman of Acer
Group and Chairman of Stans Foundation to share his management under the theme “New
Era˙Heart of
King’s Way” (「新時代˙心王道」). Prof. Way Kuo and Dr. Stan Shih took a photo before
the seminar.
Prof. Way Kuo gave a welcoming
speech and introduced Dr. Stan Shih background and his sustainability business
management.
Dr. Stan Shih was our guest
speaker and he explained what the heart of King Way is. He said King’s Way (王道) is the leadership of
organization. He added King Way is not
Overbearing (霸道) but it help to create value for customer and balance interests of
stakeholders.
Dr. Stan Shih said King’s Way is
the up-to-date management philosophy and strategy thinking. King’s Way is the
way of leadership. He analyzed eastern
and western business idea that Eastern was mainly on coexistence but western
was winner taken all. So that he
purposed three ways (天道、地道、人道) that were sustainable business, creating value and interest
balance.
Then he introduced the six side
values included Explicit (顯性) and Tacit (隱性). He said not only focused on form,
direct and present but should focus on formless, indirect and future. He also added the thinking of King’s Way was Altruism
(利他主義).
After that Dr. Stan Shih raised
that the organization culture and value were most important to sustainable
business development and he named it as “King’s Way Culture”. He shared the King’s Way Method (王道心法) included leadership believe,
Strategy Thinking and Creating Value Tactic.
The following two slides stated
the bottleneck of Chinese traditional culture and people blind-spot.
Dr. Stan Shih discussed the smile
curve that it should be either focused on R&D (e.g. IP) or focused on Brand
& Service. Both sides are high
value-added. He predicted the vertical
division of work / process / value chain would be higher value-added than
horizontal integration based on scale and cost effective.
Finally, Dr. Stan Shih concluded
that the winner in Globalization either is the higher effective integration of
the best resource in the world or the leader of specific field that was the
best choice to be integrated. And he
shared Acer’s three revolution stories to us.
Q&A session
Dr. Stan Shih discussed the
electronic purchasing platform and he said that customer now faced many
suppliers during use of platform. The
strategy of platform provider was to create value with all stakeholders. Now, we faced to platform competition that
meant “Ecosystem to Ecosystem” competition.
Dr. Stan Shih said from 0 to 1 needs creativity but from 1 to 2 or 10
which needs professional management for scale up. 
At the end, VP of CityU presented
souvenir to Dr. Stan Shih.
Reference:
CityU
ARO - http://www.cityu.edu.hk/aro/main/
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