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  1. 1. ACER<br />
  2. 2. Stan Shih<br />CEO of Acer, originally known as Multitech<br />25,000 starting capital<br />11 employees<br />“We will sell anything except our wives”<br />
  3. 3. Foundation<br />“A poor man’s philosophy”<br />Encouraged “moonlighting”<br />Offered employees equality<br />Acer 1-2-3<br />“ The natural entrepreneurial spirit of the Taiwanese”<br />Education<br />Family <br />
  4. 4. Growth<br />Joint ventures<br />Smaller neighboring markets<br />Microprofessor<br />In 1984, 51 million in sales<br />Singapore, 25% of market by 1986<br />Second company to launch 32-bit PC<br />Went public in 1987, raised 2.2 billion<br />
  5. 5. Tenth Year Anniversary<br />Human Nature is essentially good<br />Accountability in all business affairs<br />Belief in placing the costumer first<br />Norm of pooling effort and sharing knowledge<br />
  6. 6. Leonard Liu<br />Packard Bell and Dell<br />Senior IBM executive<br />$94 million to acquire Altos<br />Increased accountability<br />Layoffs<br />Iron-fisted management <br />“by-the-numbers”<br />Lavish spending<br />Resigned in 1992 <br />
  7. 7. Client-Server Model and Rebirth<br />Taiwan headquarters- “server”<br />Business units- “client”<br />Not dictate or control<br />CD-ROM drives<br />At least 50% of all Acer products and components be sold outside the Group<br />