Chapter 425: The Death of Diversity

Eagle sauce likes to tout the dream of the United States, but in William White's view, the so-called dream of the United States, if you succeed, you have a dream, if you fail, you can only dream.

William White's business model, although there are many doubts, but because of the success again and again, it is really difficult to say anything.

Of course, there is no shortage of semen everywhere. When he returned to the company, William White, who was originally in a good mood, immediately disappeared from his happy mood when he saw the briefing brought by the assistant.

There are many so-called popular people, and now William White is like WiFi, and he just wants to rub it off if he is a person. If it was to talk about his lace news, he wouldn't care about it for a long time, the so-called lice don't itch and debts don't worry, since he is already destined to be a scumbag, just say whatever you want. Strange to say, the darker it is, the more women are going to climb into his bed.

Howard Hughes second, this sentence has been said rotten. Or, there are many people who are looking forward to it if this guy is like Howard Hughes, so that we can naturally divide his property.

"Lisa, what's going on with this Jack Welch? Who's leading the rhythm lately, and I'm second to Jack Welch.

Don't they know that, apart from their age, neither Howard Hughes nor Jack Welch is as accomplished as me? ”

"Yes, you're the best, those guys are just jealous. Boss, people have been very well-behaved lately. ”

William White was a little speechless, buddy has been losing a lot lately. Nima, it's not hand sanitizer, you press it and it will come out. When you get older, the production cycle will become long, and this is still not an overdraft, if you are seriously overdrawn, you can't make up for it in three or five months.

Nima, when I see my sister, I want to vomit, how can my buddy go out to wave.

"It's working time now, what, this matter must be taken seriously, I said, your boss has been hacked like this, why are you still so careless.

Next time, be careful that I punish you. ”

The little assistant rolled her eyes, twisted her waist and left.

Uh, William White was speechless. He seemed to remember, this girl's favorite thing is to be punished, you say so, but I plan to reward people.

Shaking his head, he blocked out the inappropriate images. The little assistant is brainless, but he William White is not. Obviously, in addition to his own media, almost all financial media are comparing GE with him.

Diversification has been talked about for so many years, and so many companies have tried, but it seems that only the truly successful diversified enterprises are Wright and GM.

Or no one knows that William White is actually against diversity. God, if he really admired Jack Welch, he wouldn't have so many companies in his hands now. A White Group, isn't it all done.

Not to mention anything else, TV production and distribution are all stripped from NBC, what bullshit diversity are you talking about. A TV station is going to be dismantled, if you put all the industries together, are you planning to treat the Ministry of Justice as a dead person?

"Uh, are you going to leave?" When the assistant came back again, he had some more information in his hand. Obviously, this is deliberately angry with yourself.

"Yes, boss, GM's stock price has been fluctuating up and down since the news broke, and these briefings are available to you every day. ”

William White smiled wryly, if it was now ancient, he needed to read more words than any diligent emperor. However, his dream is to become a faint king!

"Are these people stupid?" Buffett, who was also holding a newspaper, was a little amused, and he certainly thought that Jack Welch was a brilliant CEO. If you're lucky enough to be a shareholder of GE, then you'll be rewarded very much for the 20 years you've been CEO.

The market value of 600 billion US dollars is more than 10 billion a year. If you want to say that he is not great, you can't do it, the facts are in front of you, and there is no way to deny it.

Charlie Munger shook his head and sighed: "Alas, it's not that they don't understand, it's Franklin who covers their eyes." ”

Well, Buffett was surprised, in order to avoid being disturbed by off-site news, the old guy rarely cares about irrelevant news, so he naturally won't know that in recent times, William White is either on the headlines or on the way to the headlines.

Of course, Charlie Munger didn't want to talk about this topic, and the left and right were just games and tilts between the chaebols. If you want to be the leading brother, it is so easy there, whether it is between countries or consortia, the relationship between the boss and the second and third will not be the best.

"One is a boss and the other is a professional manager, and the difference is too great. GE actually has a lot of problems, and to give me the opinion, Jack is planning to retreat in a hurry.

In fact, a 20-year-old CEO may not be suitable for a company. ”

Charlie Munger's words, Buffett is recognized. Professional managers are interested in profits and stock prices. Generally speaking, they have a VAM agreement with the board of directors, in addition to a large base salary.

You've completed the target plan, there's nothing to say, equity incentives are for this situation. Of course, if you don't fulfill the agreement, even if you don't fire the squid, it won't give you any options.

Did you really think Jack Welch was so fond of acquisitions?

Every acquisition will be carried out by layoffs, outsourcing, and doing everything possible to reduce costs. Speaking of which, William White did learn a full ten.

Why? Imitation, you're too unstylish.

What do you think, one-third of the CEOs of the world's top 500 companies are from General Motors. In William White's view, a market capitalization of 600 billion is not worth boasting about, and there will be a lot of one trillion in the future. It is not uncommon for profits of tens of billions, you have a 60 times P/E ratio, if you can't maintain rapid growth, why should shareholders give you such a high P/E ratio

Being able to be said to be the first CEO and no one objects to it is actually the cultivation of talents. Helping companies around the world train CEOs, how tough it is to say.

Remember, it's the whole world. This guy taught Xiao Yueben lean production and Six Sigma, and also helped the big rabbit country train a lot of managers. Seriously, this is indeed an open and proud business.

Unfortunately, under the impetus of the system, anyone who intends to take over GM will be a disaster waiting for him.

William White can shrink the front or accept a certain amount of loss. So he doesn't care, you always hand it over to him, and the first thing you need to do is sell, sell, sell.

The manufacturing industry of the United States is finished, and even if Peanuton does not engage in that brain-dead deindustrialization, there is no hope for the manufacturing industry of the United States. No matter how you outsource and how you reduce costs, it is always an indisputable fact that demand drops.

Then, in the face of this situation, the more diversified it is, the more difficult it is to deal with.