Position Rotating Benchmarking
It is obvious to all the achievement Tong Yang Group reached in its global arrangement. At the same time it is expanding its territory abroad, Tong Yang is also paying more attention to domestic management. At present all the directors in Tong Yang group are chosen from its own employees. Tong Yang nurtures its own talents. Wu said that Tong Yang has its own standards in choosing talents, career planning, education training, position rotation and passing on technology. They train their own lecturers to train employees. Only through passing difficult examinations

In addition, Tong Yang Group established the research and development center. It mission is to promote material and technological innovation, develop labor-saving and automated facilities. This center has reached great achievements: such as, employment of Ultrasonic Lace Sewing machines and Instrument Cluster Flame Treatment Machines. It also fosters technology exchange and cooperation with major international businesses through exchanging each party's experiences in developing technologies and know-how. "Quite a few of our competitors paid a visit to Tong Yang. We encourage technology exchanges and

hope we can all work together to make Taiwan a country of researching, developing and manufacturing vehicle parts and accessories," said Wu.

Under the Total Quality System, Tong Yang's products have been certified to meet all of the CAPA (Certified Automotive Parts Association) quality standards. "Tong Yang has long valued research and development, and it was mainly because our founder was an inventor himself, who passed on this culture in this company," as he smiled and talked about his father who was persistent in invention.

Cultivating Localization While Promoting Globalization
Tong Yang Group now has 1,800 major clients in 170 countries. In 2004, in addition to its established markets (North America, Europe, Mainland China and South East Asia), Tong Yang is estimating the possibility of entering some new markets (India, Pakistan and Russia). Wu said that Tong Yang will put its focus on the AM market, because AM market is growing steadily, with an annual growth rate of more than 10%.

Wu also mentioned that the subsidiaries in China are expected to list in the Hong Kong Stock Exchange. The Tong Yang subsidiary, which has the best performance, will get listed first. After the Chinese Stock Exchange is better developed, Tong Yang would list each subsidiary individually. Furthermore, Wu disclosed that it is expected that Tong Yang will get listed in the United States soon, so that the American public can have a better understanding of Taiwanese businesses and thus further expand the AM market.

Last, Wu believes that the focus of benchmarking should lie on establishing the core values of the business. Only through doing so can companies fully carry out their strategies, maximize their competitiveness and thus create more business opportunities.