Foxconn Technology Group, a manufacturing giant, is shaking up its leadership structure with a unique approach that resembles a game of executive musical chairs. While traditionally only two individuals have led the company in its 50-year history, Chairman Young Liu is now exploring a strategy that could see as many as six new leaders taking on the chief executive officer role within three years.

The new system involves rotating leaders of various business units through the CEO position for six-month terms. This unconventional approach, resembling a punk rock mentality in the corporate world, aims to break away from traditional norms and inject fresh perspectives into the organization.

Although some speculate that this move could signal an end to the one-man rule at Foxconn, comparisons with Western companies suggest otherwise. In the West, there is typically a clear distinction between the roles of chairman and CEO, with the CEO often being more publicly recognized. However, in Asian companies like Foxconn, the chairman wields significant influence and is deeply involved in the company’s operations.

Huawei Technologies Co., a Chinese tech giant, has implemented a similar rotation system for its chairman since 2011. Despite facing challenges such as US restrictions, Huawei has seen substantial revenue growth over the years. While it’s too early to determine the full impact of such a strategy, the results at Huawei indicate that frequent leadership changes do not necessarily hinder growth.

As Foxconn embarks on this bold leadership experiment, all eyes are on the upcoming shareholders meeting in June where more details are expected to be revealed. With an annual revenue nearing $200 billion, the company’s unconventional approach to executive appointments is a bold move that could shape its future trajectory in the competitive tech industry.