Taiwan media said that world-renowned Taiwanese business operators led by TSMC Chairman Zhang Zhongmou have entered the retirement stage, but they are struggling to find a successor. Although getting rid of the dependence on the elderly entrepreneurial generation is an urgent task for many Taiwanese companies, it seems a bit difficult to find someone to take over.
According to Taiwan United News Network on August 24, in order to decide on successors, more and more Taiwanese companies have adopted positions such as co-general managers under the chairman of the Supreme Leadership to observe the strength of many candidates. Liu Kezhen, chairman of industrial computer leader Advantech , announced at the French speech meeting on the 16th that the three general managers will adopt the co-governance mechanism in the future. The wafer foundry manufacturer UDian will also implement a system of co-governance with two general managers starting this year.
reported that Taiwan's pioneer in a co-general manager system is TSMC. Zhang Zhongmou, chairman of TSMC, who is 86 years old, handed over the position of CEO to the two co-executive presidents in 2013. However, four years have passed since then, Zhang Zhongmou's sense of existence remains unchanged, and he cannot see the specific succession time.
Zicheng United Accounting Firm Deputy Director Guo Zongming said that the biggest reason for the increase in the joint cadre system is that "because the founder's strength is too strong, it is impossible to find a particularly excellent successor." "Although you spend time seeing through the qualifications of successor candidates, the disadvantage is that talents who are not selected may be out of stock."
In addition, the report pointed out that many Taiwanese companies also use family management to find outstanding talents to inherit from the family, which is regarded as the most successful way to succeed. Baocheng Industrial's parent company, Baocheng Group, was replaced by Cai Peijun, the eldest daughter of founder Cai Qirui, in 2012, and his business skills have won praise from the outside world.
However, last year, the death of Evergreen Group's founder , triggered a dispute over successors. The fourth son Zhang Guowei was forced to retreat from EDG by eldest son Zhang Guohua.
"God of Management" Wang Yongqing's death Formosa Plastics Group set up a new organization "Management Center" with supervision functions in June. Although it is different from the "Administrative Center" responsible for business practices, it can be seen from the entry of President Wang Wenyuan that the influence of the Wang family on Formosa Plastics Group seems to remain unchanged.
reported that Taiwan’s IT industry is rarely hereditary. Because of the changes and competition in the industry, talents who are proficient in the IT industry and have high management capabilities tend to take over. Hon Hai Chairman Taiming Gou The eldest son of Guo Shouzheng returned to Hon Hai in 2013 as its digital chairman of Sanchuang, which triggered the topic of succession, but Taiming Gou stated that "successors will depend on their ability choices." Not only that, Terry Gou's authority and presence in the group are still overwhelming, including Guo Shouzheng, he rarely hears the names of other successors.
profile picture: Terry Gou. (Taiwan Zhongshi Electronic News)
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