Reborn as a tycoon in Hong Kong

Chapter 407 Establishing a Group (Part 1)

The day after his birthday, Lin Baicheng found a larger room in Galaxy Games Company and set it up as a conference room, and called his assistants and senior executives from various companies over for a meeting.

The theme of today's meeting is to discuss whether it is necessary to form these companies into a group based on the current situation of each company. If it is necessary to form a group, how should it be better to form a group.

At this meeting, assistants and the management of each company can speak and express their views.

At ten o'clock in the morning, when Lin Baicheng came to the conference room, everyone had already arrived, so he was sent over.

The meeting begins.

Looking around at everyone in the conference room, Lin Baicheng said aloud: "I called you here today mainly because I want to hear your opinions on the establishment of a group. The basic situation of each company under my name was shown to you last night. After that, I think you all have done your homework."

"Now, we are going to discuss whether it is necessary to form a group based on the current situation of these companies, what are the advantages and disadvantages of forming a group. If a group is to be formed, what should be done better."

"Here today, if you have any ideas, just say it. I just want to hear your thoughts and make a decision based on everyone's opinions."

"I won't say much else. If you have any ideas, just say them."

After Lin Baicheng finished speaking, none of the senior executives spoke, but looked at several assistants. Although they are managers of various companies and are nominally under the supervision of Lin Baicheng, it is actually Lin Baicheng's assistants who manage and supervise them. Therefore, the assistants are actually half of their leaders. How could they possibly do this if the leader has not yet spoken at such a meeting? Speaking, capable people have high emotional intelligence.

"I think it is necessary to establish a group. Not counting listed companies and joint ventures with others, Chairman, you currently have nearly 20 companies in Hong Kong, Japan and the United States. The number of these companies is a bit too much. The number It is too inconvenient for you to manage the company."

"Therefore, it is necessary to establish a group. However, the establishment of a group should not only establish one group, but should establish multiple groups. Companies with complementary businesses should be placed under the same group, so that employees can Convenient communication between companies can promote the company's work efficiency and save expenses. At the same time, the group's size is definitely larger than that of a company. When competing with external parties, a larger size often has greater advantages and makes it easier to Beat the competition.”

The first one to speak out was Maori Haruko. She repeated what she had said to Lin Baicheng before, but the general meaning remained the same.

After hearing what Maori Haruko said, Lin Baicheng just nodded and didn't say anything.

"Let me tell you my point of view."

Cheng Yufeng said aloud: "As Assistant Maori said, there are many benefits of establishing a group. After several complementary companies set up a group, it will help the development of the company's business. At the same time, the establishment of the group will provide more room for growth and can Motivating existing management and employees.”

"However, when establishing a group, you need to do a good job of screening. It is best not to put companies that are not complementary in the group, otherwise the group will be too large and bloated, which will easily cause a waste of resources. Take Hutchison Whampoa Group as an example. Previously, this The family group has more than 200 companies, but the result of the large number of companies is that the group suffers losses every year. After the group was streamlined, the company's performance immediately changed positively, so the more companies in the group, the better. "

"Furthermore, not all companies need to be placed under the group. Take New Century Software Company as an example. This company's performance last year was very good, but there is no complementarity between this company and other companies. Therefore, this There is no need to put a company into a certain group, just let the company operate independently."

"I'm done."

Cheng Yufeng said one last thing, and then stopped making any sound.

"I also think a group should be formed."

Isabella then spoke up and said: "However, it is not only necessary to establish a group, but also to establish a consortium. The Maori Assistant said very well that companies that can complement each other in business should merge to form a group, but even so, in the end it will There are multiple groups, and groups need to help each other and strengthen management, so it is necessary to set up a consortium to comprehensively manage these group companies."

“When an enterprise develops and grows, it should establish a group, and when there are many groups, it should establish a consortium.”

"BOSS now has about 20 companies. These companies have to establish at least four or five groups according to different businesses. Only by establishing a higher-level consortium can we strengthen the management of group companies, and at the same time, it can also allow groups to communicate with each other. Better cooperation, resource sharing, etc.”

Isabella was more radical. She even believed that a consortium should be established to manage the group company to be established.

"When the scale and number of group companies increase, it will be necessary to establish a consortium, but it is too early now."

Haruko Mouri immediately objected. She said: "The first time everyone present worked for the chairman was in 1977, the year before last, and many people worked for the chairman for less than one year. After the group was established, the management of the group It is very likely that the top management will be promoted from everyone here, and everyone's authority will be greatly enhanced by then. No one can guarantee whether someone will harm the company's interests for their own benefit. Therefore, after the group is established, the supervision and management of the group's management must be strengthened. "

"However, in this case, if a consortium is established again, the senior management of the consortium will probably be promoted from among you. After all, the chairman is unlikely to send the newly recruited people to high positions. And if the senior management of the consortium is promoted from among you, Then the group management will have to be promoted downwards, and many people will be promoted to high positions all at once. Putting aside the question of whether they are trustworthy or not, it is a disservice to the company to let others go to high positions without examining their abilities. Being irresponsible is also irresponsible to the employee.”

"So, I think it is too early to establish a consortium. Even if a group is established, the authority of each group's management should be limited. It is not too late to make appointments only after one or two years or even longer inspections. "

After hearing this, Isabella immediately retorted: "But in this case, the group management will not be able to better manage the subsidiaries below without having too high authority. If someone says one thing and does another, it will be difficult to establish a group." It involves a lot of energy from each company, which is not cost-effective.”

"As long as it is a matter that the chairman of the board is involved in, anyone who refuses to listen will be dealt with. The company can run without anyone else. No one is irreplaceable."

Maori Haruko said with murderous intent, as for things that Chairman Lin Baicheng has not interfered with, they are normal office struggles. If anyone can't handle the people under him, then that person's ability is questionable.

"Today we will only talk about the establishment of a group, not the establishment of a consortium."

Lin Baicheng spoke up at the right time, but he supported Maori Haruko, because Maori Haruko's concerns were not unreasonable. The people here had only been with him for about a year and a half, so trust was a big problem.

Although it is said that as long as supervision is strengthened, there is no need to worry about someone stealing his money, but if the other party really wants to use power for personal gain, there are many ways to do it as long as he sits in a high position. Therefore, he cannot easily give people too much power, so as not to inflate their mentality. .

Even if it is Wei Li, the head coach of Hutchison Whampoa, although Lin Baicheng did not interfere too much with the management of Hutchison Whampoa, Wei Li should have great power, but Lin Baicheng sent Cheng Yufeng to contain and supervise Wei Li. , plus he holds financial power, so he doesn’t have to worry too much.

Of course, if Wei Li and the others really want to do something, Wei Li and the others can do it without Lin Baicheng regularly managing Hutchison Whampoa. It's just that it's one thing that Wei Li and the others can do it. Lin Baicheng can find out if he investigates carefully afterwards, so executives like Wei Li and the others don't dare to mess around.

In addition to administrative reasons, there are also wealth considerations. Today, Lin Baicheng's assets, including the overvalued Hutchison Whampoa stocks, only amount to more than 20 billion Hong Kong dollars. Most of them are still in the market value of stocks, which are difficult to convert into cash, so his assets are not actually large enough.

Also, it is best to form a consortium based on a large bank. Galaxy Bank is now only a medium-sized bank in Xiangjiang. Even Xiangjiang has not yet gone out, so there is no way to establish a consortium relying on a bank, so we have to wait for Galaxy Bank Let’s talk about it after it develops.

Hearing that Lin Baicheng agreed with her point of view, Maori Haruko couldn't help but smile, obviously very happy. What made her even more happy was that she was suppressing Isabella in front of so many executives.

Of course, Haruko Mouri and Isabella cannot be said to be fighting openly and secretly, but it is impossible to say that they cooperate closely with each other. The struggle between power is inevitable.

At first, it was okay when Maori Haruko stayed in Japan. Later, after she went to the United States, Lin Baicheng asked her to supervise Golden Fleece Company and also asked her to conduct necessary supervision over other companies in the United States. Maori Haruko took advantage of this. This right interferes with various companies in the United States, highlighting her presence from time to time, asking Eric and other managers to report to her while reporting to Isabella and Bill Harveys.

What Haruko Maori did naturally violated the rights of Isabella and Bill Harveys, but they would definitely not report to Lin Baicheng that Haruko Maori had exceeded her authority. Instead, they tacitly suppressed Haruko Maori, even though they did not As for letting Maori Haruko do nothing, she didn't let Maori Haruko do their assistant work either.

Maori Haruko was naturally not happy about being suppressed, but she also did not choose to report to Lin Baicheng. Instead, she made friends with Eric and other managers, and the three of them tacitly agreed to limit office struggles within a certain range.

Lin Baicheng was aware of what the three of them were doing, but seeing that they did not make a big fuss or affect the company's operation, he chose to turn a blind eye. After all, office fights cannot be banned, as long as they Just don't expand it.

Isabella, whose opinion was rejected, was a little frustrated. After all, this was a huge loss of points.

"I also support the establishment of a group."

Bill Harveys skipped the topic of consortia and said: "The benefits of establishing a group are still greater, but before forming various companies into a group, you must first consider whether a certain company has plans to go public in the short term. If If so, the company should be made independent, otherwise after the group is established, the company will still have to be split up and listed separately. Listing the group as a whole is not conducive to the capital market's assessment of the stock price."

Liao Siren then said: "For companies such as Hutchison Whampoa and Hong Kong Electric Group that are already listed and have a high market value, it is best not to include them when establishing a group. Take Hutchison Whampoa as an example, it is a group company in itself. Both the company size and market capitalization are already huge.”

"That makes sense."

Lin Baicheng couldn't help but nodded in agreement after hearing this.

Sato Wataru and Chiba Nanako later expressed their views that a group should be established, which would be conducive to resource integration.

"I am not opposed to integrating multiple companies to form a group. After all, the benefits of forming a group are obvious. However, setting up a group belongs to the establishment of a group, but it cannot affect the operation of each company for the purpose of forming a group. This matter cannot be rushed or taken slowly. It's never too late. At the same time, there is no need to set up several groups at the same time. You can set up a group first and concentrate on establishing the group. After gaining experience, the establishment of the remaining groups will be easier." This is Yuan Tianfan Said.

Eric Davis suggested: "The establishment of a group will inevitably create a lot of more positions, so it is necessary to recruit talents and carry out groupization at the same time."

Shirley Lansing, Huang Xizhao and others also expressed their opinions. Everyone agreed that they were in favor of the establishment of the group, and no one opposed the establishment of the group.

It is normal that no one objects. The establishment of the group is indeed beneficial to the various companies related to the business, and it is also beneficial to them. The establishment of a group means there are more channels for advancement, and many people may benefit from it. They have no reason to object, both publicly and privately.

"Everyone thinks that a group should be established, and I think so too, so the matter of establishing a group has been decided."

After everyone expressed their opinions, Lin Baicheng concluded aloud and made a decision directly. There was nothing to consider about establishing a group.

"I very much agree with Tianfan's point of view, that is, we can first set up a group for piloting. After the group is established, it will not be too late to set up the remaining companies as a group. Next, take a ten-minute break, and then continue the meeting to discuss the first step. Which companies will be combined into a group.”

After saying that, Lin Baicheng stood up and left. He knew that if he didn't leave, no one would leave before him.

Seeing Lin Baicheng leaving, several assistants also got up and left. Some of the others stayed in the conference room, while others also walked out.

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