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? At the meeting table for group discussion
The presidents and vice presidents of various companies saw this in their eyes, with complex expressions flashing in their eyes, and they each had considerations in their hearts.
Although Dong Mingzhu's move was abrupt, it undoubtedly set the stage for everyone's thoughts and tested the chairman's details.
Ten people held a meeting, and nine of them brought development plans.
The remaining one didn't bring it with him, so he could only say that he was heartless, or that he had been bedridden for three months, totally ignorant of how fast the world was changing.
Where there are people, there are rivers and lakes, and there is competition.
The competition for development within the consortium, the competition for excellent managers, and the competition for the positioning of the core enterprise are everywhere, and it is by no means as calm as it appears on the surface.
Marvel Animation has developed in full swing under Pan Shiyi's control, but the entertainment industry has never been the core of the consortium, nor has it carried out large-scale mergers and acquisitions in this field.
Doesn't Pan Shiyi want to attract the attention of Wang Yaocheng, the chairman of the consortium, through his outstanding performance?
If Marvel Animation can be included in the core enterprises of the consortium, at the very least, the enterprises that have been developed through hard work will not worry about being acquired by others.
After working hard for more than ten years, the boss sold it with a wave of his hand, how can he be reconciled?
What should I do if I am not reconciled?
the answer is;
Cold salad.
Of course, Wang Yaocheng understands the psychology of the managers below, but he will not blindly sympathize.
Everything must follow the interests of the development of the consortium, and must closely focus on the electronic semiconductor industry. If necessary, sell what should be sold, including companies such as Marvel Animation, Yahoo, and Youtube Video, which are all on the list that can be sold.
If the conditions are attractive enough, it is also possible to sell the controlling stake.
from this
Wang Yaocheng feels that the time for these companies to go public is ripe, and they must arrange to go public quickly in 2003 and 2004 to raise funds for development.
?Because Carrefour Supermarket, Gree Group, Panda Electronics, Pacific Electronic Computer Company, and home appliance chains are not listed companies, the investment and expansion of enterprises are funded by consortiums, which virtually affects further development and growth, and restricts the hands and feet of development.
Don't look at the consortium's current fund pool returning to a scale of 30 billion US dollars. If the companies under it are allowed to let go of their hands and feet, they will be exhausted in minutes.
Under the pressure of Wang Yaocheng, the debt of these enterprises is less than 20%, and the operating conditions are extremely healthy. Naturally, they have a strong desire to borrow money to finance their development.
There is a comparison with this thing. I saw that other companies in the same field have 80 to 90% or even more than 100% of their debts, and chain companies have developed dozens or hundreds of them a year. It is a scene of burning oil.
It is false to say that you are not envious, and you often feel that the consortium has tied your hands and feet.
actually
Regardless of the booming development of these enterprises, 90% of them are working for banks. Once they encounter turbulent waves or restrict financing channels, they will immediately show their original shape.
I'm not afraid of having a good time, but I'm afraid of pulling out the list at the end.
? Are all the tens of thousands of companies that fell during the financial turmoil in Southeast Asia in 1997 poorly managed?
It is not true.
Many of them are high-quality enterprises with excellent management, operation, sales and other aspects, and they also have their own unique competitiveness.
The fatal shortcoming is the expansion of debt management. Trying to make the scale bigger, stretching the rubber band to the extreme, there is no room for rebound, and the ability to take risks has declined sharply.
When the financial turmoil hit, it collapsed and became one of the corpses everywhere, and all the efforts were turned into water.
? Lessons learned from the past are not far away.
Debt traps are harmful. If your business scale grows to tens of billions or hundreds of billions, it will collapse as soon as the financial storm hits.
For so many years of hard work making wedding clothes for others, why bother?
The chaebols on the Korean peninsula are such vivid examples. The Kia and Daewoo consortia are both tens of billions of dollars in size. During the financial turmoil in 1997, the business empire collapsed.
Are these people stupid?
Those who can develop are all momentary talents, many of whom have received higher education and are familiar with business operations and market strategies. They are destroyed by their irrepressible ambitions, and they always want more, bigger, and stronger.
? As a result, a stud, all the chickens and eggs are beaten.
Wang Yaocheng glanced at everyone, and gradually made up his mind:
? The next annual general meeting of the president will deeply analyze the bankruptcy case of the Korean peninsula conglomerate, and combine it with related large companies in the United States.Not to mention carrying bags, they are all in the hands of the secretary.
"Our group has spent a lot of effort on this material. In fact, many store acquisition negotiations are in progress, and the implementation of investment with the local government has also started. Time is waiting for me, chairman."
"Uhhehe!"
Wang Yaocheng glanced at Dong Mingzhu, seeing her stubborn appearance, he shook his head helplessly: "Okay, I will reply to you within three days, isn't that okay?"
"Thank you, Chairman."
"Hey! You Let's go together. We'll go to the restaurant to eat a bit later and have fun at night."
Wang Yaocheng knew that the Yellow River Science and Technology Group must have already made a move. Maybe it has acquired hundreds of front houses, and the location selection of home appliance hypermarkets by the local government is also advancing at the same time.
Waiting for approval, the day lily is cold.
? These great people in the previous life are very decisive, dare to think, dare to do, and dare to take risks.
The Pacific Home Appliances Chain is not short of money. The sales of home appliance companies always have to be held down for a period of time, and there are often huge amounts of payables piled up in their accounts.
It is completely impossible to expect Dong Mingzhu to be honest and not use it at all. She has always been known for her aggressive and decisive actions.
Having said that, it is not that there is no curse on the top of the consortium.
But it is almost the end of the year, and the strength of the cross-audit of the consortium's accounting and audit department is not for fun. Once there is a problem in the audit, someone will be in bad luck.
so
Buy the ticket after getting on the bus, as long as it is not in your pocket, it is not a big problem.
I'm afraid that the amount is too large, and there is no formal approval procedure for the consortium. This board is not easy to deal with.
Maybe he lost the trust of the boss and lost his job in minutes.
? Chen Shi, the director of the accounting and auditing department of the consortium, is an iron baker. It is useless for the king of heaven and Lao Tzu. If there is any violation, it must be dealt with severely in accordance with financial discipline.
Dong Mingzhu can imagine the consequences;
Violating the financial discipline of the consortium, acting boldly and recklessly, with a large amount of money and unprecedented impact, is a typical case of consortium violations of discipline.
?It is recommended that he be transferred from his current job position and be dealt with seriously, so as to prevent future effects. This bad review is absolutely indispensable.
If Wang Yaocheng doesn't deal with it seriously, Chen Shi will never give up.
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