Chapter 258 The Reason for IBM's Huge Losses

"President Ex, please be seated. ”

In the study, John politely pressed his hand and asked John Ex, who was standing at the desk, to sit down.

Although John Ex caused a huge loss to the Morgan Group, John still respected him. There is a saying that a soldier can be killed, but not humiliated, and John never humiliated the dignity of others because they made mistakes.

"Thank you, boss!"

John Ex said and gently pulled out his chair and sat down, bowing his head like a child who had made a mistake, not daring to speak.

Since receiving the call from Dani, his heart has been full of panic, although he knows that it will come sooner or later, but when this moment is approaching, he has always been a little afraid to face it, but he is also secretly glad that the person who handled IBM affairs this time is John and not a member of the Morgan family. Because John is known within the Morgan Group as a mild-mannered and kind person, he didn't expect his fate to be too bad.

"I asked you to come to Morgan Manor this time because I wanted to understand the reason for IBM's loss. John asked bluntly when he saw John Ex sit down. "Can you elaborate on why?"

John Ecks slowly raised his head and looked at John with a look of shame on his face, the reason for IBM's loss was the biggest shame in his life, if someone else asked, he wouldn't say it anyway, but the person who asked him now was John, the number two person in the Morgan Group, and the small boss of IBM, so even if it was difficult to speak, he had to say it.

"Boss!IBM is losing money because of ....... ”

John Ecks sorted out the language and explained the reasons for IBM's losses. John sat in his chair and listened, not uttering a word the whole time, except that as John Ex narrated, he nodded and frowned slightly. On the other hand, Dani kept her head down and wrote and drew in her small notebook, as if she wanted to write this incident into a phantom, nailing John Ex to the pillar of shame and whipping.

"That's why IBM lost money. ”

After John Ex finished speaking, he lowered his head in shame, not daring to look at John.

"Bang....... ”

John, who was sitting opposite, heard him say it at this time, his breath was short, and he patted his desk angrily and stood up.

"Stupid....... ”

John couldn't bear it anymore, pointed to the IBM boss in front of him, and gave him the word without hesitation.

The reason for IBM's loss was not caused by the vicious competition of its peers, product quality problems and other incidents, but entirely because of John Ex's arrogance and stupidity.

The reason for the whole incident is that IBM has always occupied a leading position in the IT industry and has not experienced any failures, but this has also developed the problem of serious bureaucracy and arrogance within the company. And a company that is arrogant and full of bureaucracy will sooner or later lose its way and make some fatal mistakes.

When John Ecks took over from Oppel and became IBM's sixth chairman, the fatal mistake finally appeared.

Because of the policy of opening up the market, the market has created a large number of compatible machine imitators, and John Ex in order to prevent the imitation of compatible machines on the market, launched the so-called "micro-channel structure" bus technology, the newly developed IBM PS/2 computer is not compatible with the original ISA bus, so as to prevent the imitation of other manufacturers, but also make their PS/2 computer can not be accepted by users, plus the nine major compatible machine manufacturers led by Compaq, launched PS/ in IBM On the same day of the 2nd computer, the joint announcement continued to adopt the standard compatible with the original bus, which undoubtedly gave IBM a fatal blow, so that IBM finally fell into the quagmire and was squeezed out of the top three in the international market, and finally a large backlog of products was unattended.

And the most fundamental reason for such losses is that John Ecks is too arrogant and naively thinks that he can block the entry of others in an open market, but he did not expect to drive himself out of the market instead of blocking others.

It was a good game of chess, but he was killed by himself, and such a stupid behavior really made John unbearable.

After John Ex on the side saw that John was angry, he slowly stood up, reached out and took out a letter of resignation from the inner pocket of his suit, and looked at John. "Boss! The company's huge losses are my responsibility, and I am willing to bear it. Now, I formally submit my resignation report to the group, citing my resignation. ”

After John Ex finished speaking, he lowered his head and handed the letter of resignation to John.

IBM has such a big problem, as the chairman of the board of directors, he must stand up and take all the responsibility, so that he can give an account to the group.

And John frowned slightly when he looked at the resignation letter he handed over, and resigning was indeed a good solution when there was a major mistake, but the problem was that John didn't want him to resign yet.

"If a resignation letter solves the problem if a mistake is made, the world will not be so complicated. John took the letter of resignation and glanced at it, then casually threw it on John Ax, and said. "You cost the company more than $20 billion, and now you want to pat yourself on the ass and leave with a resignation letter. ”

Hearing this, John Ex's heart suddenly cooled, and a dense cold sweat broke out on his forehead, he originally thought that John was gentle and kind, and a letter of resignation should solve the problem, but now it seems that it is not so easy.

Is it a distribution frontier?

Thrown into the Black Prison?

Or sink to the bottom of the Pacific Ocean?

John Ex's face turned pale, and his body trembled slightly, standing in front of John waiting for the final verdict.

John didn't let him wait any longer, and when he returned to his chair and sat down, he looked at him and spoke. "When will you be able to earn back the money lost by the company, and when will I agree to your resignation, otherwise you will stay in IBM for the rest of your life until the day you die. ”

John's voice was cold, echoing through the study with an irrefutable aura, and John Ex looked up at him in disbelief when he heard him say this.

"......Boss! ”

John Ex looked at John with red eyes, too excited to say a word. He thought that his best outcome should be to resign and leave a shame on his life resume that can never be washed away, but he never thought that John would let him stay at IBM and give him a chance to wash away the shame.

"Of course, during the subsequent period of your work in the company, the group will not pay you any salary, which is a punishment for the losses you bring to the company. "John certainly wouldn't let John Ex go so easily. Since there is no punishment in the position, it must be done economically, otherwise how to account for it to the group.

As for whether John Ex will starve to death, John is not worried, IBM's chairman salary is very rich, tens of millions of dollars a year for doing well, and millions of dollars a year like John Ex does this, he has been the chairman of IBM for seven years, and his net worth is at least tens of millions of dollars, even if he doesn't receive a salary for a hundred years, he can't starve to death.