Other language: Vietnamese

The Fall of the Dominant CEO in the World of Wealth and Power.

Chapter 34: Innovation Driven. [34]



Summary

Liu Wen Jie recognized the necessity of continuous innovation for maintaining market leadership. He restructured the R&D department, attracting top talent and fostering a culture that embraces creativity and risk-taking. The company explored advanced technologies like quantum computing and biotechnology, launching innovative products such as a data analysis tool and a health monitoring device. Despite setbacks, including challenges in developing an energy storage device, perseverance led to success. Liu Wen Jie also innovated the business model through a subscription service and emphasized collaborative innovation and intellectual property protection. His leadership propelled the company toward sustainable growth and competitiveness.

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