Effective cooperation is vital regardless of social status or age. This article outlines the three critical pillars for selecting partners: Character (Principle), Attitude (Root), and Ability (Foundation), emphasizing that character must always come first to avoid the pitfalls of failure.
Foxconn Chairman Guo Tai-ming once sought advice on business management from Taiwan Plastic Group founder Wang Yung-ching. Wang emphasized there are no shortcuts to management, only solid hard work. He used Taiwan Plastic's monthly completion of all financial settlement and operational analysis as example, highlighting that high-efficiency management demonstrates management capability rather than merely depending on technology. The article reveals Wang Yung-ching's insistence on 'daily settlement' and his views on computerized management and integrity, contrasting with observations by Acer founder Stan Shih.