Chapter 328: The Huge Vivendi
Chapter 328: The Huge Vivendi
……
"Even though I approve of your plan, and the board of directors approves it, the company won't give you much support. Because... You have to prove to us that your plan is feasible and beneficial to the company's development, not just a plan that looks good!"
"I understand. I'll try to prove it to the head office. ”
Guo Shouyun nodded and stood up, "Everything that should be talked about is also discussed." Let's go, take me around the departments!"
"Yes!"
Rebecca and Alphonse, who responded, hurriedly got up and took Guo Shouyun into the company's office area. By the time I finished communicating with the employees of various departments and middle management, it was already completely dark.
The dinner was mentioned by Guo Shouyun and changed to a large dinner for all the staff of the company. After a laugh, he, a big boss who only existed in the imagination of ordinary employees before, finally has a fuller image.
"Boss, shall I take you back to the hotel?" said Rebecca.
Guo Shouyun did not refuse. After the two got into the car, "Did Jonathan tell you about the second reform of the company's system?"
"Did!"
"Which one do you approve of, the regional responsibility system or the headquarters direct control system?"
"The regional responsibility system!"
"Why? You should know that this model increases our labor costs. Guo Shouyun said.
"I know. But you also know that the customs and customs of different regions and countries around the world are different. If the U.S. headquarters is in charge of subsidiaries around the world, it is unlikely that the leadership of the U.S. headquarters knows or does not know very well the business models and operations of countries such as Japan, China, and the Middle East. Making decisions without understanding is hugely wrong in most cases. And there are a lot of key development opportunities that will be missed. ”
“… Comparatively speaking, although the regional responsibility system increases the labor cost, it effectively avoids the geographical information gap and has a stronger ability to respond to emergencies. From the perspective of enterprise development, I recognize this management model more. ”
Guo Shouyun nodded thoughtfully.
Since the establishment of Enron Pacific, there has been no stop to reform the company's internal system. In the past year or so, the main focus has been on streamlining redundant organizations, reducing personnel, and reducing non-major operations. But even if all non-key businesses are sold, the remaining power generation, oil extraction and refining, natural gas, petrochemicals, transportation, power services and other businesses still make Enron Pacific a giant in the energy sector. That is, the commonly known large company, also has what is commonly known as the large company disease.
How to further reform the company's management structure, improve the efficiency of enterprise management, and avoid the disease of large companies is the focus of the second stage of internal reform.
The main point of the key is the controversy between the regional responsibility system and the system directly under the headquarters of the headquarters.
Regional Responsibility System: Enron Pacific is divided into seven regions, namely North America, South America, Europe, Africa, Greater China, South Asia and Asia. The North American region is directly under the jurisdiction of the headquarters, and the rest of the regions are managed by the presidents of each region, and the regional management has the right to approve projects of less than 80 million US dollars, as well as the right to appoint personnel except for the top management of the region.
Headquarters direct management system: It is to set up subsidiaries in various countries, and then with the help of developed networks and communications, the subsidiaries are directly managed by the North American headquarters. All the power is transferred to the headquarters, which is the most efficient.
The vast majority of companies now use a combination of the two, with subsidiaries reporting to the president of their region as well as to headquarters. Even in many cases, there will be differences in the commands of the two. This creates internal friction in the company. Because of this kind of internal friction to lose the market, there are countless examples in the history of business.
At the beginning, QQ and MSN competed for the market. MSN, which had developed well and had a high reputation, was finally out, in addition to being unfamiliar with the current situation of the Chinese Internet, the most important reason was the chaotic command system. The lack of communication between the headquarters in Seattle and the capital of Microsoft China led directly to all kinds of erroneous orders, which ruined MSN's good fortune.
This kind of system rigidity causes the disease of large companies, which is very detrimental to the development of enterprises. So, choose a balance between being responsible and letting go.
"I thought you would opt for the 'head office responsibility system' with flat management. Guo Shouyun said.
"Boss, although it can be addictive to have more power in your hands, my energy is not unlimited. Enron Pacific has a global presence, and I don't have the confidence to handle everything myself!"
After taking a deep look at Rebecca Mark, Guo Shouyun nodded.
"It's late, go back and rest early, and we'll visit Vivendi tomorrow!"
"Yes!"
……
La Défense is the premier central business district of the Paris metropolitan area, located in the Hautes-Seine department west of Paris, near Neuilly-sur-Seine. The municipalities covered include Courbeva and parts of Pito and Nanterre. As the largest, most prosperous and well-established business district in Europe, La Défense is a symbol of France's economic prosperity. It has the largest number of skyscrapers in the Paris metropolitan area, as well as the landmark Arc de Triomphe, with about 3 million square meters of office space and 1,500 companies.
Among the more than 1,500 companies is the well-known Vivendi. It's just that this behemoth, which made a staggering $60.6 billion in revenue in 2001, is now plagued by huge losses. If the financial scandals of Enron and WorldCom shocked the United States, then the financial scandals of Vivendi caused European business circles to vomit blood.
The loss of 23.3 billion euros, at the current exchange rate of 1:1.249 against the euro, is almost on par with Enron. Vidiwang is better than Enron in that most of the companies she acquired were quite profitable, and Enron was purely merger and acquisition for the sake of mergers. One of the two is to expand their own business, and the other is to drive up their share price.
This also explains that Vivendi can sell himself to save himself, while Enron can only go bankrupt and go out of business.
"Mr. Guo, welcome to Vivendi Group!"
When Guo Shouyun took Rebecca Mark out of the car, Jean-René Fortu came out with the company's senior management.
Today's Guo Shouyun is no longer the unknown person he was at the beginning.
Apple, Google, and Ruby are all leaders in Silicon Valley and world-renowned technology companies.
Phoenix and Hanhua are the fastest-growing financial companies in the United States and China, respectively.
Kwok's, along with the acquisition of Burger King and the frenzied expansion of Paradise, was named the most dynamic emerging company in the U.S. retail industry by BusinessWeek.
The Matrix, along with series of popular films such as "Harry Potter", "Pirates of the Caribbean" and "Fifty Shades of Grey", as well as the horizontal expansion of Marvel Comics, Pixar animation, Matrix games and theaters, has faintly taken on the style of Hollywood's seventh giant.
Enron Pacific, although it has not yet recovered from the Enron pit, but a series of mergers and acquisitions in 2001 made her a world-class energy giant. Especially in the power industry, it ranks first in the same industry in the world with 273 large and small power plants and 37,840 megawatts of power generation on seven continents.
Although none of these companies are publicly listed, except for Apple, there is no way to accurately assess their full value. But even so, their industry influence alone is enough to make young people with gray sideburns and a calm temperament to be valued by high-level and business leaders in any country in the world.
"Mr. Fortu is very gracious, and it is an honour to be here in Vivendi and to be so welcomed by all of you. ”
Guo Shouyun, who is accustomed to seeing big scenes, is already familiar with the current situation.
Seeing that he did not have the domineering attitude of the teenager after his success, Vivendi's senior management, including Fortu, couldn't help but have a good feeling in their hearts.
After a brief handshake, "Mr. Guo, Ms. Mark, please come in." We've made arrangements to entertain both. ”
"Please!"
After a few polite words, under the leadership of Fortu, the group walked into the headquarters building of Vidiwang.
In the large and luxurious conference room, each party is seated according to their status. At the center of the game are undoubtedly Jean-René Fortu and Guo Shouyun, who hold the highest power in both companies.
"How long does Mr. Guo plan to come to France this time?"
"It depends on whether the negotiation with you goes smoothly. Guo Shouyun smiled.
"We at Vivendi Group are very keen to work with Mr. Guo. ”
"I had the same expectations. So, for our previous acquisition agreement, Mr. Fortu agreed?"
"While I would love to agree to Mr. Guo now, the board of directors feels that there is still a lot to discuss. ”
"I want to hear about it!"
"We have discussed in detail the two plans A and B submitted by Ms. Mark before. But sorry, it's hard for us to agree with any of them. ”
"Oh, you mean you're refusing to cooperate?"
"No, I think we can work together in a different way, like investment. Jean-René Fortu's eyes flashed.
"Investment?" Guo Shouyun frowned for a moment, and suddenly said with some surprise, "You don't plan to let me invest in Vivendi, do you?"
"Mr. Guo is really smart... Although the company's market capitalization has fallen from $100 billion to $12.6 billion now after the announcement of the company's financial problems. But Mr. Guo knows that the value of Vidiwang is much more than that. Now Vidiwang has six main industries. ”
"In the film and television sector, Vidi Wan owns EMI, Europe's largest film company, and Universal, the second largest film company in the United States, which together have the world's second largest film and television library, in addition to controlling 80% of French film production, with a global box office revenue of US$1 billion in 2000, and Canal+ is Europe's largest pay-TV and digital TV operator, with 15.5 million subscribers in 11 European countries. ”
"In the field of music, Vivendi Universal Music has 850,000 copyrighted products, covering 63 countries around the world, accounting for 22.5% of the global music market, and is the world's largest jazz and classical music record distributor, accounting for about 40% of the global classical music market. ”
In the field of publishing, Vivendi Global Publishing Co., Ltd., formerly known as the French Havas Publishing Group, is now the world's third largest book publisher and the second largest educational book publisher after the acquisition of Houghton Mifflin Publishing House in the United States in 2001. The company has well-known publishing houses in France, the United States, Spain, Brazil and Argentina, and is the world's largest producer of educational software, the largest provider of online games and the second largest developer of computer games. ”
In the Internet sector, Vivendi Internet Group is the second largest Internet content provider (ICP) in Europe and the United States, providing Internet access portal services in eight countries, including France, Italy and Scandinavia. ”
"In the field of communications, Vidiwang Global Communications owns two of France's main mobile operators, Cegetel and SER. The company provides fixed-line and mobile phone services in Europe, the Mediterranean coast and Africa, with 42 million customers. ”
"In the field of environmental protection, Vidiwang Environment is the world's largest environmental services company. Develop water, waste, energy and transportation businesses in 102 countries around the world. Among them, Vidiwang Water Treatment Company is the world's largest water company, serving 110 million people in more than 100 countries around the world, Onyx Waste Company, the world's third largest waste treatment company, with 151 waste recycling stations around the world, and Company X, which operates 26 European rail passenger networks and 186 road bus routes in Europe and Australia. Dalkia Energy, which operates 65,000 heating systems in Europe. ”
In addition to this, the company holds a 55% stake in KCC, Spain's largest water treatment and second largest wastewater collection and treatment company. A 12.7% stake in Sky Broadcasting, the UK's largest pay-TV operator. A 14.2% stake in CanalSat, France's largest satellite digital TV platform. ”
I believe that Mr. Guo can understand that in addition to the Internet and communication fields, Vivendi's four business directions of film and television, music, publishing, and environmental protection are among the top in the industry. With your vision and business acumen, you can certainly see a bright future for Vidiwang in the face of temporary losses. ”
Looking at Jean-René Fortu, whose eyes were shining, Guo Shouyun smiled faintly.
"I am ashamed to receive such a high evaluation from Mr. Fortu. Vidiwang is indeed a high-quality company with a lot of assets and a lot of coveted. Unfortunately, after the acquisition of Enron, I no longer have the funds and energy to take on the loss of 23.3 billion euros Vivendi. ”
"We don't need Mr. Guo to buy Vivendi like Enron, we just need you to come forward to buy about 15%~20% of the shares. ”
Looking at the hint of urgency in Fortu's eyes, Guo Shouyun somewhat understood the other party's plan.
"Do you want to use my reputation and money to drive up Vivendi's stock price, and then take the opportunity to withdraw funds from the bond market and the stock market to tide over the difficulties? Jean-René Fortu was no small feat. But it's not that simple!"
Thinking of this, an idea in Guo Shouyun's heart gradually took shape.
Looking at the silent man opposite, Fortu was also a little apprehensive in his heart.
"Mr. Guo, I don't know what you think?"
"Very nice note. However, it is not my own intention to invest in Vidiwang, unless...!"
"Unless what?"
Jean-René Fortu's tone unconsciously flowed with a hint of anxiety. Although he quickly noticed it and made a demonstration, it still gave Guo Shouyun a hint of affirmation that he had guessed before. ()
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