How to Motivate the Dream Team for the Revitalization: Timing and Process

Author: Shih Chen-Yung
Publisher:
Publish Date: 2001-12-01
Features: This series is titled "Leaders' Vision," consisting of 6 volumes and 12 chapters, primarily discussing how a business leader or someone aspiring to become one should think and act in the globalized era shaped by the knowledge economy. These 12 chapters were adapted from the author's lecture framework during his 12 EMBA sessions at his alma mater, National Chiao Tung University in Hsinchu.
Internal entrepreneurship is one of the vital sources of vitality for business development. It can adopt various forms, such as establishing a physical company or creating a new profit center. The latter, such as a virtual company, may become an important form of future development.
Reengineering is a crucial aspect of business management. For a company to grow, it must continuously undergo reengineering. Reengineering is not just about organizational changes; breakthroughs in mindset are equally important. During the reengineering process, leaders are the key players, playing a critical role. If leaders become obstacles to reengineering, there are two approaches: replacing people or replacing minds. In the U.S., due to the abundance of talent and a more pragmatic culture, replacing people is often the norm. Here, replacing minds is more feasible.