Chapter 586: The Dragon Swallows the Elephant (2/2)
If you want to make Jiagu Xing, you can't just shrink back in the country, and you can't rely on Qi Zheng alone.
Even if Qi Zheng has the ability to turn the United States into a scorched earth, if Jiagu himself can't stand up overseas, he will only be making a wedding dress for others.
On the road to success of any world-class grain merchant, international talents are indispensable. Without the support of international talents, it is impossible to have the distribution of global resources, and without the accumulation of international talents, it is impossible to seize the development opportunities of globalization.
For example, among the four major grain merchants, the most impressive thing is that it has nearly 40 super-powerful company executives. Among them, the ambassador to Russia of the Bush administration, Warren Buffett's son, a number of US congressmen, a number of Washington members, and the former prime minister of Canada are all its directors. In addition, many Wall Street financial giants and business leaders have a place in ADM......
For example, Bunge, one of the four major grain merchants, does not seem to have as much of a position as ADM, but this does not mean that they are not strong enough. Looking at Bunge's global executives, there are many outstanding talents from Ivy League universities in the United States, such as the CEO of Bunge's Global Agribusiness Division and the Chief Development Officer of Bunge are from Harvard Business School, while the CEO of Bunge Asia is from Yale University, and there are also powerful figures from the "Fortune 500" in the senior management.
Although Gao Hong ranks third in the US grain trade community, his high-level strength is still one level weaker than that of the four major grain merchants.
However, if it is not enough, it is more than enough.
At least, for Jiagu, which lacks multinational management talents, Gao Hong has enough to digest.
Although Jiagu has completed the acquisition, how to integrate Gaohong and form synergies with Jiagu is also a difficult problem.
Qi Zheng personally sat in charge, maintained the stability of the original management, and realized the smooth transition of the company's delivery. But the real integration is that Zhong Huazhi, the head of Jiagu International, and the Jiagu international team of more than 30 people he brought to Gaohong.
The Saudis, who hold 20% of Gao Hong's shares, have sent only one representative to Gao Hong's board of directors and only keep an eye on the company's finances, while Zhong Huazhi is really integrating Gao Hong as the management of Jiagu.
Of course, Zhong Huazhi did not make drastic changes at the beginning, but scattered the team he brought in Gao Hong's important departments, and he did not directly intervene in specific business, their most important task was to watch and learn.
This international team of more than 30 people are all elites selected from China.
From the acquisition of an Australian sugar company, to the acquisition of a Brazilian sugar mill, to the acquisition of a forage export company in the United States, the internationalization team of Jiagu has also grown with the overseas acquisitions of Jiagu.
Of course, the previous growth can only be said to have cultivated their international vision, excellent foreign language and negotiation skills, and the ability to grasp the organizational elements, etc., and it is still the study in Gao Hong that has truly transformed their transnational agricultural supply chain management capabilities.
To say that the biggest benefit of Jiagu's acquisition of Gaohong is that in addition to the storage facilities and logistics facilities such as the fleet and other logistics facilities in the grain producing areas of the Americas, it is to be able to understand the management of the international commodity supply chain on the spot.
The management of the international commodity supply chain is a part that is easily ignored by Chinese enterprises, and it is also the tuition fee that Chinese enterprises must pay for their rise.
In the past, we always thought that we could make a profit by honestly engaging in manufacturing, providing production quality, increasing investment in R&D technology, and selling products.
Whether it is the encirclement and suppression of Chinese soybeans by international grain merchants, or the sharp price increase of Chinese steel mills by global mining giants and the financial capital behind them, they have taught us a lesson: the commodity supply chain is an important part of the manufacturing industry, and a manufacturing country must have its own supply chain control.
China's cumulative tuition fees are measured in trillions of yuan. However, not many Chinese companies have had access to the management of international commodity supply chains, let alone in-depth contact.
The soybean production and trade in the Russian Far East, which Jiagu started very early, is not a real international commodity trade, after all, from production to transportation to processing and sales, it is only for the Jiagu system. A little looser or stricter management is not a big problem.
This is not the case with real international commodity supply chain management.
For example, in the case of cross-border transportation, timely delivery of goods is necessary in order to successfully conclude a commodity transaction, but unforeseen challenges such as weather and product problems often affect the efficiency of product transportation. This means that unexpected or urgent changes to plans can result in damaged or expired goods, which can be costly to the business and sometimes to its reputation.
Therefore, as the Jiagu international team learns more and understands the international commodity supply chain management, the more interested they will be, and the working hours will become longer and longer.
After all, such an opportunity is rare.
In terms of the integrity of the global business information system and the continuity of data, the United States Gaohong is an exemplary model in the operation and management of cross-border grain trade, and the international team of Jiagu is hungry to absorb the real resource of international grain merchants - the organizational ability of production factors.
Gao Hong's original management was originally a little dismissive of Jiagu's international team, but it was still frightened to see Chinese addicted to work for more than ten hours a day.
Although even the most arrogant Americans do not think that China's Jiagu, which is several times the size of Gao Hong, the acquisition of the former is a "snake swallowing an elephant", even the most critical American media can only describe this merger and acquisition as "a dragon swallowing an elephant".
However, Gao Hong's original management still has a certain psychological advantage in the face of Jiagu people. The management ability, experience and talent of the international commodity supply chain are the weak links of Jiagu. They admit that if they leave them, even if they are "dragons swallowing elephants", they are likely to suffer from indigestion.
However, Jiagu, the dragon that crossed the river, is not a vegetarian. Jiagu, who has started the pace of internationalization for many years, has developed a proficient "elephant swallowing technique" - striking iron still relies on its own hardness.
Therefore, after witnessing the desperate degree of learning of the Chinese, as well as the degree of progress visible to the naked eye, all made them tense their nerves - they are not irreplaceable.
It may be that in a short period of time, the Jiagu international team is still very immature; but after a year or two of tempering, the Chinese can even replace all of Gao Hong's original team.
Of course, this kind of corporate change is a taboo in cross-border mergers and acquisitions, and it is unlikely that Jiagu will do so, but all the original management feel that they have a sword of Damocles hanging over their heads.
Qi Zheng was extremely satisfied with this change.
Since ancient times, either the east wind has prevailed over the west wind, or the west wind has prevailed over the east wind. He could increase the salaries of Gao Hong's original management by 15 percent to protect their interests after the change of boss, but he would never allow them to override Jiagu's management system.
What's more, the "snake swallowing the elephant" can be forgiven if it has indigestion, but the "dragon swallowing the elephant" has indigestion...... He still wants to lose face!
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