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Technology Stocks : Creative Labs (CREAF) A New Hope - -- Ignore unavailable to you. Want to Upgrade?


To: Hitch who wrote (17)3/29/1998 5:46:00 PM
From: Hitch  Read Replies (1) | Respond to of 76
 
Sim Wang Hoo Biz Award

asia1.com.sg

Sim's Golden Rule
asia1.com.sg

Creativity on the Cheap
asia1.com.sg
While he believes in giving his staff freedom to create and dream --
American-style -- Mr Sim, ever the kampung boy, keeps a tight rein
on cost. Indeed, cost control has been key to Creative's turnaround
as well as its bursting cash balance.
"They'll say I want to do this, this, this. I'll say fine, but if you want to do it like an entrepreneur, you'll have to do it very lean. If you want to do a lot of things with very few resources, sure!"

I sure hope this notion of doing all things on the Cheap does not become a bunker mentality that results in CREAF missing opportunities because the price of admission is deemed to be to high.