Stan Shih, founder-CEO of Acer, Inc., had proactively picked and transitioned the "perfect" successor as CEO, but was now faced with major issues. Over the last couple of years, Leonard Liu, his heir apparent, had made the changes he was hired to make, including revamping the organization construction and instilling a new corporate culture that stressed responsibility.
Nevertheless, such changes had caused numerous conflicts between him and other cofounders of the business, in particular, Shih's wife, Carolyn. Liu had now proposed that "Carolyn should retire into her kitchen." Faced with increasing clashes and office infighting between the markedly different Western and Chinese styles of direction, Shih needed Liu to manage the growing complexity of global rivalry. Yet, Shih was currently wondering if he had made the right decision to make Liu as his successor.
PUBLICATION DATE: January 11, 2011 PRODUCT #: 811062-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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