There is a structural change taking place in our world today that will greatly impact how we live and work. While the physical infrastructure underpinning digitization continues to blaze forward, professional services catering to the “Future of Work” has lagged, especially in Asia.
11th Fleet’s mission is to make Asia more accessible to the rest of the world, starting with its home base of Taiwan. As part of our mission, 11th Fleet wants to both connect the world to Taiwan and internationalize Taiwan.
Taiwan also has its own structural challenges. Its population is aging and declining; the gap between the haves and have nots is widening; and its urban-rural gap is wider than its peer economies. In addition, Taiwan’s extreme conservatism and risk aversion, the Herculean burden as the torch bearer of 5,000 years of Chinese history and its insecurities as an adolescent nation-state, further convolute and complicate its situation.
Most of the world sees Taiwan as an economy that has punched above its weight in technology and the semiconductor industry and more recently, a nation that successfully stood down Covid. However, missing from this narrative is an untold story of how Taiwan has transformed into a compassionate society, from its transition from an authoritarian regime to a democracy without bloodshed, and more recently, how it has further evolved into liberal, egalitarian and inclusive society, e.g. first to embrace marriage equality and open emigration.
Taiwan has no natural resources but it does have in relative abundance human capital, a critical resource in today’s knowledge economy. Taiwanese people have needed to be innovative, adaptable and resilient because of its history. Coupled with its strategic location in Asia—proximity to half of the world’s population, we believe Taiwan makes for a great talent hub.
If you want to have a conversation about how Taiwan can help your company, let’s grab coffee.