TABLE: Strategy 2: Remaining Entrepreneurial
COMPANY COUNTRY STRATEGY REVENUE
ACER TAIWAN CEO Stan Shih has broken his $3.2 BILLION
PC-making company into small, up 71%
decentralized units so that each
can be highly responsive to the market.
LI & FUNG HONG KONG Run by the third generation of $792 MILLION
Fungs. Brothers William and up 14%
Victor are both armed with Harvard
degrees. They have created a global
trading company that stays nimble because of its
tightly run business units.
SAN PHILIPPINES This beer and food conglomerate $190 MILLION
MIGUEL is actively spinning off different up 41%
CORP. divisions into separate companies
as a way to gain market share and
become more efficient.
VTECH HONG KONG The territory's biggest elec- $650 MILLION
tronics company is divided into up 18%.
small, snappy units, making it
easier for its hands-on directors
to manage successfully.
YTL CORP. MALAYSIA Run by the London-educated son $233 MILLION
of the founder, this construction up 19.1%
company is determined not to become
bureaucratic: There are no clock-in
machines or set hours for senior staff.