Chapter 368 About Corporate Governance

After the inspection, Angel also walked around the company, on the one hand, to see the freshness, but also to understand the corporate culture of the Ba people.

There is no World Cup tonight, the athletes have a rest, and the spectators have a time to concentrate on things. For example, Chu Yuanxi made an appointment with Yu Meiren in the evening, but this did not prevent Anqi from being invited for dinner.

Speaking of which, Anqi has been here several times, and Chu Yuanxi is actually stingy with a meal, which makes Anqi, the person in charge of shooting money, feel very fascinated. Ever since he became the representative of the Demon Capital Silver Group, he has never seen Chu Yuanxi like this......

Chu Yuanxi also made a bloody investment, took him to a barbecue restaurant, and the two pushed the cup and changed the lamp, and chatted about corporate governance.

One is a person who has been the president and CEO of a large company, but the other is a person who has been the president and CEO of a super-large company, and this conversation makes Angel even more confused.

He was very surprised by the way Chu Yuanxi managed the company, because there was no DKP in Ba Ren Entertainment: "Don't you never engage in performance appraisals? Are you sure this can work?"

This is a question that must be answered, and corporate governance and internal control are also very important points for investors, especially mature investors. Many pheasant investors only value the financial metrics and data of startups, such as monthly active users, sales, market share, etc., but this is very easy to turn into crooked. Mature investors, on the other hand, are more concerned about how the target company can ensure the rights and interests of investors, how to prevent the company from being hollowed out, and how to ensure the healthy operation and sustainable development of the company.

Even established investors like Yuan Jing don't pay much attention to the short-term interests of a company, and pay more attention to the internal culture of the company. This is also the reason why he felt that Chu Yuanxi was a bit interesting from the beginning, obviously, Baren Entertainment has formed a unique corporate culture.

So is there anything more mature? Yes, the entrepreneurial environment in the United States is more mature, because they have formed various bills to ensure all this.

For example, why is the legal cost of listing in the United States particularly high? because of the 404 bill. You haven't seen it, it's a 404, also known as a 404 clause. This clause equates the internal control report of a listed company to the same level as the financial report, and financial fraud is a crime, and unqualified internal control is also a crime.

Of course, these bills in the United States were also formed by huge deceptions such as Enron, and even this did not stop Elizabeth Holmes's means.

Chu Yuanxi picked up a piece of roasted beef tongue, ate it with relish, and said: "No KPI doesn't mean that there is no evaluation, it's just that it's not calculated in the way of KPI." It's like beef tongue, you can cook it on both sides, but as long as you cut it thin enough, you can cook it on only one side. ”

"Then how did your evaluation come about?"

"At present, there are few people, so I will write it. In the future, if there are more people, there will be more than one business division, or change the structure to become a group, and form multiple subsidiaries, let the manager of the business department or subsidiary write it, and I will check it. Chu Yuanxi chewed the cow's tongue and swallowed it, "What is the purpose of performance appraisal? First, bonuses and other forms of rewards are issued to employees. I don't need KPIs to post this, no problem. The second is to give employees a feedback that lets them know how the company recognizes the results of their work. I'll write two strokes of this. ”

As he spoke, he picked up another piece of beef tongue, dipped it in sauce and continued to eat: "This employee enters the company to work, just like the cow tongue is roasted on the stove, and the evaluation is equivalent to the sauce. ”

Angel hurriedly took away the remaining piece of beef tongue, and said in her heart that if you compare it again, the beef tongue will be yours......

He thought for a moment and asked, "Do you care about the games on the market now?" I read your idea of going out in troubled times, it's quite non-mainstream, right?"

"Care, I see that it's full of cheating dads MMORPG, and I'm so happy. Competitors are doing this, so it's not too cool to give me the cards. ”

"I thought you were going to say you never cared about your competitors. ”

"Then did you care about your competitors when you were the boss?"

"I really don't care. Angel said a little dullly, "Bezos said don't care about competitors, they don't give you money. ”

"Well, that's probably why you stepped down from your position as the boss of the Fruit Network. Chu Yuanxi laughed, "Bezos did say so, and then turned around and built an 'intelligence competition' team in Amazon. ”

"That's not the reason...... Angel was full of spit desire, but Chu Yuanxi waved his hand, "Don't worry, I will copy it if there are really awesome competitors, and I don't need to be so embarrassed in this regard." ”

"Okay, it seems that you are a person who understands. "This is what Anqi wants to mention Chu Yuanxi, I'm afraid that he is too tall or the shelf can't be put down, and I'm embarrassed to copy others. Then move on to the next item, which is also the one he is more curious about: "You should promote flat management in the company, right? Do you want to listen to the lessons I learned from flat management?"

"Well, tell me about it. Chu Yuanxi sandwiched another piece of black bull flying star, the kind that is bubbling with oil, only to hear An Qi say: "I also wanted to carry out flat management before, but I made a serious mistake. At that time, I could manage everything, flattened, and I could touch all the business. So a serious consequence is that I have weakened the people who should be responsible for specific decisions. When they don't have power, their responsibilities are vague, and in the end, everyone thinks they're doing things for me, for the president, not for their own business, and a lot of projects are dragged down because of this. ”

"I've heard of your question. Chu Yuanxi grabbed the last piece of Black Bull Flying Star before Anqi finished eating, and said: "The ultimate purpose of flattening is to reduce the loss between levels, not to let the boss rush to the front line and do it himself. How to avoid the situation you said is actually very simple, the president can touch all the employees, learn about the situation from everyone, but not give feedback, you understand?"

Angel's eyes lit up. He originally wanted to share his troubles with Chu Yuanxi, so that Chu Yuanxi could avoid taking his wrong route. Professional players can not know which path is right, but they must know which path is wrong, and there are actually many corpses lying on each wrong route, and the correct route uses these corpses as a foil to appear correct.

But he never expected that Chu Yuanxi said two words casually, and it seemed that it might be a correct answer? I only heard Chu Yuanxi say in the old god: "Feedback is actually feedback, but the president's feedback can only be fed back to a few people, and the person in charge of the project can discuss and make a decision." Flattening and reducing the level is not canceling the level, just grasp this degree well. ”

it! An Qi's face was a little tense, because it seemed that Chu Yuanxi was instructing him? What kind of system is this? How does this make people zhuangbility? "Hey, old Chu, how did you get all this experience?"

"Decisions for the company, daily operations, etc., naturally accumulate. ”

"Didn't you work as a product manager at Pengfei Technology?"

"What does it have to do with Pengfei Technology?"

Anqi was completely at a loss: "Then where do you make decisions and operations?"

Chu Yuanxi laughed wildly: "In a dream." ”

Angel is almost a dog, and his heart says I believe in your evil! Wiping the sweat from his head, he grabbed a few bites of snowflake steak to eat, and found that it was not good.

"This so-called Australian Angus cow doesn't taste interesting...... he sighed: "Hey, when I was there, there was a dolphin who focused on writing about food, and I wrote about a kind of fish called 'Simmental cow', which was particularly delicious, but unfortunately I never ate it." ”

"Actually, capybara meat is even tastier. Chu Yuanxi also took a bite of steak, but he wasn't so picky about the meat, and he thought it was quite delicious. "Originally, I signed a Chinese anchor and said that I would bring a capybara from abroad, but I never believed it. ”

"What, you really want to eat?"

"Of course it's a live broadcast that sells cuteness, the capybara is so cute, and it's not a bamboo rat, how can you eat it?"

Angel chewed and swallowed a whole steak in two bites, and said, "By the way, I think you should hire a COO." ”

"Why are you recruiting COO?"

"Your stall is getting bigger and bigger, you have to have someone to do the day-to-day management for you, right?" Anqi said earnestly, "You have to be cautious about promoting the founder to COO or something, they may not be suitable." It is best to recruit external talents for key positions and recruit professional talents for management. ”

"I know what you're talking about, but it's unfamiliar territory. Chu Yuanxi suddenly recalled a blind ** recruitment he had carried out in the original world, obviously he had a reserve of specialized talents in the company, but he hired a so-called professional manager, which made people angry, and he couldn't suppress the group of arrogant generals under him.

Thinking of this, he said very seriously: "Don't worry, when I encounter a field that I am not familiar with and the whole company, I will make great efforts to recruit." ”

"And what is the territory that you are not familiar with?"

Chu Yuanxi raised his head and thought about it, and said ashamedly: "Well, as far as the current business line and foreseeable projects in the future are concerned, there is no for the time being. ”

Angel suddenly felt that she couldn't eat all the barbecue!

Chu Yuanxi happily grabbed the rest of the meat and ate it, and went to find a poppy beauty at night, and needed to replenish his energy.

After driving a German car, Chu Yuanxi also had great concerns, that is, he was afraid that the poppy would stick to him. Chu Yuanxi, her sticky problem, still remembers it vividly, in the original world, he was already an entrepreneur star, he was rich and powerful, and the poppy often changed tricks to stick up, and even occasionally produced harmless moths.

And in the current situation, he knew very well that he was far from enjoying it, and if the poppy took up too much of his time at this time, it might be unpleasant.