Chapter 361: Too Generous
My name, my deeds, my business practices and philosophies have also been written into Harvard Business School, the world's top business elite educational institution?
At this moment, Jack Welch's heart set off a storm.
Before this, he had never thought about this, even when he heard that Harvard Business School was preparing to write several classic business cases of Lee Iacocca into the textbook, although he was envious and jealous, but in addition to envy and jealousy that Lee Iacocca had taken a shit luck, he actually didn't think too much in his heart, let alone that one day his name, his own deeds, and his own business management philosophy could be written into the textbook of Harvard Business School.
But at this moment, Chen Geng's words seemed to beat a big drum in his heart: Yes, what that guy Lee Iacocca can do, it's not that I can't do it, why can his name and what he did be written into the textbooks of Harvard Business School, but I can't?
Looking at Jack Welch, whose face changed color, Chen Geng smiled secretly in his heart, but continued to say: "With your ability and talent, I have no doubt that some of your business cases and business management concepts will be written into the textbooks of those well-known business schools around the world, but Mr. Welch, do you guess that twenty or thirty years later, the business schools of the world's top universities will give you a lot of space, or will they give you a lot of space? When Mr. Iacocca was two, guess the students were more respectful of you, or more respectful of Mr. Lee Iacoca?"
Jack Welch stopped talking, because he couldn't answer the question, and he didn't have to.
Being able to be the object of Mr. Reginald Jones's selection as the future chairman and CEO of General Electric is enough to show his ability in business operation and management, but in terms of the height of the people in the United States and even the world, he still cannot be compared with the guy Lee Iacoca.
As Fernandez's words meant, as one of the three successors to the chairman of General Electric, although the probability of becoming the next chairman and CEO of GE is more than seventy percent, no matter how much he leads GE to achieve, others will at most say that he is "standing on the shoulders of giants", and will never enjoy the current treatment of Lee Iacocca - in the eyes of the whole United States, Lee Iacocca ยท Iacocca is the man who single-handedly pulled Chrysler Motors, a veteran American automaker, out of the quagmire and created a miracle in American business history.
Finally, Jack Welch spoke, and he said in a deep voice, "How can you guarantee that after I get to the AMC, I will be able to match or even surpass Lee Iacoca?"
"I can't guarantee it. โ
"Huh?!"
"I can't guarantee that," Chen Geng said calmly in the face of Jack Welch's gaze: "I can't guarantee it, but what I can guarantee is that no matter how successful you are at General Electric, you will not be able to reach and surpass Mr. Lee Iacoca, even if you are more powerful in terms of ability, but if you come to AMC, as long as you can lead AMC out of the quagmire and surpass Chrysler, your fame, popularity and respect by the people will surpass Mr. Lee Iacoca...... AMC really can't compare with GE's platform now, but once it succeeds, AMC will be able to give you far more than GE can give you.
Of course, you should also understand that in the current situation of AMC, this is very difficult, very, very difficult. โ
โ......โ
Jack Welch stopped talking, his heart churning violently.
He admits that Chen Geng's words are reasonable, no matter how successful he is in GE, he can't be compared with his success in leading AMC out of the quagmire and towards glory, because no matter how successful he is in GE, in the eyes of others, he is just standing on the shoulders of giants, and if he wants to achieve supreme glory like Lee Iacoca, he can only walk out of the original company like Lee Iacocca and start over in the worst company. Ford threw out Ford, and he gave up his position as chairman of General Electric, which was at his fingertips, and left on his own initiative.
He understood the meaning of what Chen Geng didn't say: it was because it was very, very difficult, not ordinary, that he could enjoy this glory, otherwise...... Why are you?!
Jack Welch was somewhat impressed.
He wasn't sure if he would be able to reach Lee Iacoca's heights, but right now, the young man here in front of him had given himself such a chance, a chance to surpass Lee Iacoca, but he was still a little hesitant.
Just when Jack Welch hesitated, Chen Geng spoke again: "Friends who know me well know that I will never let my people suffer...... Mr. Welch, based on public information, your annual salary at GE is about $250,000, plus bonuses, benefits, subsidies, and bills that the company can reimburse you, I believe the total is no more than $400,000, right?"
Jack Welch's cheeks twitched slightly, "Yes." โ
In fact, how can there be so much, including bonuses, benefits, subsidies and private bills reimbursed by the company, it is actually only about 300,000 US dollars, but in front of such a billionaire...... We have to admit that Jack Welch is still relatively good-looking.
"Okay, $400,000," Chen Geng pouted, he was very disdainful of this annual salary: "Chrysler's shareholders give Lee Iacocca an annual salary of $600,000, and counting all kinds of bonuses, benefits, subsidies and reimbursement of private bills, he can probably get about $1 million a year from the company - of course, as long as Chrysler's shareholders and Lee Iacocca are not stupid, they will raise the salary to Mr. Lee Iacoca, but I think $2 million is sky-high!"
Speaking of this, Chen Geng looked at Jack Welch: "I believe that after you become the chairman of General Electric, this is probably the kind of treatment, all kinds of bright and dark invisible, adding up to 2 million US dollars a year, the sky!"
โ......โ
Jack Welch wanted to cry even more: Mr. Reginald Jones' annual salary is $500,000, which is all kinds of bright and dark, and everything he gets from the company every year does not exceed $1.1 million......
But at the same time, Jack Welch, who had already realized that Chen Geng was going to talk to him about salary, couldn't help but be curious: How high will Mr. Fernandez pay himself?
Although this does not mean that Jack Welch is going to choose to go to AMC, it is normal for people to want to know how high the salary of the guy who intends to poach himself is to give himself, because it means that he has weight and value in the eyes of the other party - the higher the salary the other party offers him, the more he values himself.
Chen Geng raised a finger: "$1 million annual salary, plus 1% share dividend......"
โ......โ
Jack Welch didn't speak, but was a little disappointed: it seems that it is an annual salary of $1 million, and as for the 1% share dividend, the devil knows when and how much he can get.
Before Jack Welch could speak, Chen Geng continued: "But I can't show my sincerity, so I'll give you a supplemental clause: annual salary plus dividends, a guarantee of $4 million, and another $1 million in benefits, subsidies, and personal bill reimbursement." โ
Jack Welch's eyes widened all at once!
What is a $4 million guarantee? That is, according to the contract, he can get an annual salary of $1 million plus a 1% share dividend, and if the 1% dividend amount does not reach $3 million, Fernandez Chen will pay out of his own pocket to make up for himself to ensure that he can make a net profit of $4 million a year, and if the 1% amount exceeds $3 million, it will be based on the actual amount, plus the benefits of the $1 million amount. The subsidy and private bills mean that you can get an annual salary of $5 million!
$5 million!
That's almost five times as much as Mr. Jones!
Even if Jack Welch didn't plan to join AMC Motors in the first place, he just couldn't resist the lobbying and pleading of the headhunting company this time (well, there are also $50 million benefits), so he agreed to meet and talk to Fernandez Chen in this way, but now, in the face of Chen Geng's annual salary of $5 million, his heart couldn't help but beat wildly, and subconsciously licked his lips that were a little dry: $5 million a year, this is really a lot of money......
There is no doubt that Jack Welch was moved.
He couldn't help but be impressed!
Don't say that he Jack Welch is not the "world's No. 1 CEO" who is praised to the sky, just say that now, in this capital...... Or the "money" thing, the country that has the final say, Chen Geng's condition made Jack Welch unable to refuse at all.
The conditions given by Chen Geng even greatly increased Jack Welch's psychological expectations of the treatment that General Electric would give him after he succeeded as chairman, and his previous goal was to be able to achieve the treatment of Reginald Jones, but now, at least $1.5 million, right?
"Huh...... Hehe......" laughed twice, and Jack Welch said to Chen Geng dryly: "Mr. Fernandez, you are really joking......"
"I'm never joking!" Chen Geng's expression was very serious, indicating that he was serious at the moment: "I have always believed that you should take as much money as you have the ability, on the other hand, as long as you show enough ability, I am happy to give you a higher salary, I have never been stingy...... Mr. Welch, if you can lead AMC beyond Ford, Chrysler and GM to become one of the top three automakers in the world, that 1% stake is officially yours. โ
"Gollum ......"
A loud swallowing sound rang out in the dining room.