During my recent trip to Taiwan, while I was busy experiencing the futuristic country built around convenience, sustainability, and state-of-the-art technology, I also observed the passion for technology amongst people and a knack of putting it to work at the right place. It was quite visible especially on the manufacturing shopfloors. Moreover, from shopfloor to topfloor, people are very much updated on technology advances and new applications. I am sure each and every person there is convinced with the fact that keeping up-to-date with technology is essential to the success of one’s business. No wonder, spending 3-4% of the turnover on R&D and having 20% people working in R&D is a norm here. If the information/data flow is very precise and efficient in an organisation, it is more competitive. And that’s exactly the way it’s followed in the Taiwan’s manufacturing industry.
