Chapter 50: Whipping the Fast Ox
Although Zhang Yunqi only said four words.
But these four words are like the strongest and fastest of the 250 million sperm ejaculated, passing through the cervical track like a military obstacle race, directly hitting the bull's-eye, and poking at the hidden pain point in Duan Yongping's heart.
Yes.
For him, how to manage Rihua well, how to promote Xiaobawang to the whole country, how to make this company continue to grow and develop like a snowball, these are not the most difficult problems, and the hidden disease that really hangs in his heart is the four words "Yihua Group".
Rihua Electronics Factory is a wholly-owned subsidiary of Yihua Group, Duan Yongping just took over, the factory is not profitable, grandma does not love uncle, Yihua Group wants to sell it several times, but at that time, Rihua Electronics Factory was in debt, and there were a lot of workers to deal with, and no one took over such a hot potato.
And now, after two years of transformation in his hands, the Rihua Electronics Factory has been running well, but with the development of Xiaobawang is getting faster and faster, its relationship with Yihua Group is becoming more and more delicate, and the most difficult thing for Duan Yongping to accept is that Yihua Group from time to time will take away the profits of Xiaobawang for other purposes.
In fact, he also knows that for Yihua Group as a whole, it is understandable to "whip fast cattle" or "tear down the east wall and make up the west wall", but it is not bad for the development of Xiaobawang, and many of his decisions are constrained by Yihua Group.
Duan Yongping has realized that if this core problem is not solved, some of his ideals will be difficult to rely on the development of "Little Overlord" to realize.
Now, Zhang Yunqi mentioned this, he really wanted to hear the opinions of this knowledgeable and thoughtful young man, waved his hand to let Shen Wei out, and waited until only he and Zhang Yunqi were left in the office, Duan Yongping said: "Since Boss Zhang mentioned Yihua Group, he must have some understanding of the problems between me and Yihua Group, I don't know what high opinions there are?"
Zhang Yunqi smiled and said, "Then let me talk about my opinion?"
Duan Yongping said: "Please speak freely." β
Zhang Yunqi took a sip of tea from the ceramic cup and said, "Mr. Duan, are you planning to propose shareholding reform to Yihua Group?"
Duan Yongping looked at Zhang Yunqi and was silent for a long time before nodding and said: "Yes, I have been brewing this idea in my heart for a long time, and after the first generation of Xiaobawang learning machine is listed, I plan to find an opportunity to talk to Chen Jianren, the boss of Yihua Group, about the shareholding system transformation." β
Zhang Yunqi asked again: "Do you think this path is feasible?"
Duan Yongping subconsciously asked: "Why not? I am not mentioning the equity system reform for my own benefit, but for the better development of this factory." β
Zhang Yun was happy.
The current Duan Yongping, a young entrepreneur, is still a little idealistic, perhaps because he wants to be China's Matsushita Shinnosuke too much, and he wants to make "Xiaobawang" China's Panasonic.
Zhang Yunqi said: "I can understand, Mr. Duan, you just want to turn the pure employment relationship between you and the shareholders of Yihua Group into a cooperative relationship through the equity incentive of the management, this idea cannot be said to be bad, after all, it can solve the constraints in the development process of Rihua once and for all, but I think it is unrealistic, at least it is not in line with the strategy of Yihua Group, Yihua Group can give you money, but the share transformation is unlikely." β
Zhang Yunqi said that this passage is not nonsense.
It is now 93 years, and he remembers very well that Duan Yongping has repeatedly proposed to Yihua Group since the beginning of 94 that the "Little Overlord" will be reformed into a joint-stock system -- property rights transformation, so as to fundamentally solve the unclear property rights of the "Little Overlord" and all kinds of related problems arising therefrom, but Chen Jianren, the boss of Yihua Group, does not bird Duan Yongping at all.
So Duan Yongping was clamoring to run away.
At that time, out of recognition of Duan Yongping's personal value, and in order to retain him, Yihua's shareholders not only gave 20% of Xiaobawang's net profits to Duan Yongping and his subordinates in accordance with the pre-agreed distribution plan, but also proposed a generous salary increase plan.
What is a shareholding system?
In the most popular terms, the core concept of the joint-stock system is that the participants invest their resources to do one thing together, and through the management equity incentive, the shareholders and professional managers who were originally pure employment relations become a deep cooperative relationship with capital as the link, and the corporate governance structure may undergo subversive changes, and the benefits are great.
In fact, this kind of management equity incentive is used to bind talents for their own use, has always been a common means of later generations of enterprises, even many small business owners with bigger chickens in the brainwashing of employees, all use equity to draw a pie, but in the early nineties, the socialist market economy has just begun, unclear property rights are the characteristics of many enterprises at that time, joint-stock reform is definitely a new thing, Yihua Group is unwilling to change this employment relationship, or misread the core concept of management equity incentive, it is normal, but Duan Yongping's cognition is more advancedγ
After Duan Yongping ran away that year, he established backgammon.
From the beginning of the company's registration, he adopted the form of the joint-stock system, almost all middle managers and some agents have become shareholders of the company, with property rights as a link to form a community of interests, everyone united, established only three years, to replace the hegemony of the small overlord, and Duan Yongping at the beginning of the 70% of the shares, also all the way to the management equity incentive policy under the reduction of less than 1/4. The rise of BBK's performance and the decline of Duan Yongping's absolute shareholding ratio are worthy of deep thought for all investors.
It can be said that in the mid-90s, Duan Yongping's departure from the "Little Overlord" made many domestic entrepreneurs feel the strong shock of the management equity incentive for the first time, and Zhang Yunqi remembered that someone said that the most landmark in China's business circles during that period was the two public cases of Duan Yongping's departure from the "Little Overlord" and Chu Shijian's imprisonment at the age of 59.
In fact, looking at this past, Zhang Yunqi felt that Duan Yongping's departure from Xiaobawang was doomed.
Because the shareholding system reform will not work, the employment relationship between Yihua Group and Duan Yongping cannot be changed, and the employment relationship cannot be changed, then the position will be very different.
Of course, standing in Zhang Yunqi's position, he wished that Duan Yongping would get out of Xiaobawang Company as soon as possible, and said: "Your shareholding reform will not work, not because of the problem at the commercial level, but because of the limitations of the eyes and rigid thinking of the shareholders of Yihua Group. β
Duan Yongping was silent.
Maybe his heart is a little mixed at the moment, but he doesn't talk about whether what Zhang Yunqi said is right or not, he just asks: "Then what do you think I should do with this problem?"
Zhang Yunqi said directly: "Actually, you only have one way to go. β
Duan Yongping raised his eyes to look at Zhang Yunqi: "What way?"
Zhang Yunqi waved his hand: "I don't need to say this, Mr. Duan should have thought about it in his heart." β
Duan Yongping thought for a moment and asked, "Resign?"
Zhang Yunqi said with a smile: "If Mr. Duan is interested in creating another little overlord, then I will participate in it even if I spend all my family property to sell blood and kidneys." β