An Emphasis on Excellence

Title: An Emphasis on Excellence
Date: 2014-04-23
Speaker: Morris Chang (TSMC)
Link: Entrepreneurial Thought Leaders
 
Lean and think. Both are important.99% of Taiwan companies operate on 1% gross margin.
To be a world-class company you need to have R&D. You need to have marketing.
Learn and think. Both are important.
If you just learn and don’t think you quickly become lost.
If you just think and don’t learn you quickly run out of material to think.
The next big thing is probably “the Internet of things” and wearables.
A CEO’s main job is to bring the outside to the inside. The outside is the customers, shareholders, society and the world. Maximize the inside performance to cope with the outside.