Chapter 93: Readjustment

After basically completing the arrangement of Time Holdings, Zhou Shi began to adjust the management mode of Friends.com. The more he knew about management, the more influence Peter Drucker had on him. This time, Zhou Shi still chose Drucker's so-called OKR management model, O = Objective can be understood as the enterprise goal, and KR = Key Results can be understood as the key result. Taken together, it is "the breakdown and implementation of key results to ensure that corporate goals are achieved"

The management by objectives philosophy believes that the enterprise can choose the "ultimate goal" as the enterprise goal at any time, and the rest is only to decompose the goal, process control and organizational resources. OKR is no exception, no matter how lofty or realistic the goal of the enterprise is, it is achieved in the specific enterprise and the specific market, therefore, unlike the pure management theory, OKR has made the decomposition and control method concrete, and more in line with the general trend of flat management. It can be seen that OKR is not only applicable to large enterprises such as Google, but also effective for growing startups.

Of course, there is also learning from Google's small teamwork, building a team with the most influential people as the core, breaking the hierarchical relationship, shortening the distance between employees, focusing on long-term development, and linking employees' income to contribution rather than rank.

These measures are obviously not good to rely on Zhou Shi and Li Ying, although the two of them are geniuses, they are still inexperienced in the end, but after the New Year, Zhou Shi actually caught a big fish. That is Huang Huainan, the CEO of Yipai.com, a Chinese who claims to be the highest non-technical position in American Internet companies. He has worked as a senior executive in multinational companies such as McKinsey & Company, Procter & Gamble, Yahoo, etc., and his experience covers strategic consulting, search on the Internet, and e-commerce. In his previous life, Huang Huainan became one of the troika of Google China, and now he has become the CEO of Time Friends, assisting Zhou Shi and transforming the friend network according to Zhou Shi's ideas.

It's a pity that except for Huang Huainan, there are no other very good candidates. Zhou Shi complained about this issue with Huang Huainan, Ye Yang, Lu He, Li Ying and several others.

"I think it may be that Time Company is not well-known enough!" Huang Huainan

"But we have almost no opponents in the social area except Tengxun? And the number of real-name registered users is also the first in the country, how can it not be well-known?" Zhou Shi

"Is it that there are no benchmarking companies in Silicon Valley, and it is difficult for everyone to judge the development prospects of the friend network?" Ye Yang

"There is this problem, and the other possibility is that there is not enough media publicity, not enough publicity by the founders, and there is no shouting from well-known venture capital institutions and figures in the industry. "Huang Huainan

"Then how should we improve?" Zhou Shi felt that this reason made sense. They have very little cooperation with the three major portals, and there are few interviews with Zhou Shi on these websites, especially after Zhou Shi withdrew from Baidu's management, and even fewer people took the initiative to ask for interviews with Zhou Shi. At least not like Maali, who made headlines in three days.

"We're not accepting investment from a few big VC firms, but also promoting our founders and management team. "Huang Huainan

It has been several years since the establishment of Time.com, and it is basically supported by Zhou Shi's own funds. But thinking about it again, it doesn't seem right, it seems that not many people know the specific relationship between the two investment companies of Galaxy Xinghai and him. Although Zhou Shi did not deliberately conceal it, there should not be many people who know the specific situation. Or it's time for these two investment firms to come to the forefront. glanced at Lu He, just to look over, but his gaze swept to Huang Huainan by the way. Zhou Shi's heart moved, as if he had thought of something.

"Does Mr. Huang know Shen Nanpeng?" Zhou Shi didn't hesitate and asked directly.

"I just met not long ago, and it was through him that I learned more about Time Friends. "Huang Huainan

"I don't have a problem with these VCs, I can't grow without them, but I hate those who are making waves behind the scenes, and I want to work with the VCs at my point. "Zhou Shi

"Do you have any misunderstanding with Sequoia, I ......" Huang Huainan seemed to want to explain something, but Zhou Shi didn't let him continue.

"This is not important, even if there is a misunderstanding, if they are sincere enough in the future, I will continue to cooperate with them. As for their misunderstanding of me, that's not something I think about!" Zhou Shi said with a little arrogance. Wang Xin's matter really didn't have much impact on him, and compared with Gome's matter, the situation Zhou Shi encountered was really nothing. And Wang Xin's contribution to the friend network also made him feel a little guilty, at present, there are many Wang Xin's subordinates in several branches in Beijing, Guangzhou, Chengdu and Xi'an, and there is no conflict, and there is no wave of resignation, so it is a smooth handover.

Huang Huainan looked at Zhou Shi, still didn't say anything, Zhou Shi's attitude was a little unexpected, he thought that Zhou Shi would refuse to cooperate with Sequoia, but he didn't expect Zhou Shi's atmosphere to be beyond his imagination.

After separating from them, Zhou Shi left Lu He behind.

"Can we push a few investment companies to the foreground now?" Zhou Shi

"I can see it," Lu He

"Then let's start doing it, if someone invests, we can enter the venture capital industry in advance, and it is still too slow to develop with our own money. Zhou Shi has always wanted to make a lot of money through the financial market, and then get involved in venture capital and PE, but even if Zhou Shi pointed out the direction and set an example, Sixiang Fund still hasn't made much profit for so long, and its own funds have only exceeded 40 million US dollars. There are still many difficulties in getting rich in the financial crisis, and the funds to support the development of mobile phone chips and systems are not something that can be done with these funds.

"Then our company's structure still needs to be readjusted," Lu He

"Adjust it, adjust it, anyway, I'm mentally prepared, but you ......" Zhou Shi originally wanted to say that he should make more efforts, but he thought that the current investment company was very different from what he thought when he was first established, and Lu He's responsibilities were very different from when he was first established. I didn't hear him shouting that he wanted to do financial futures investment trading. Moreover, Lu He also completed the things that Zhou Shi temporarily explained, and he was embarrassed to have more requirements.

"Don't worry, I'll work hard" Lu He seemed to know what Zhou Shi wanted to say.

"Let's start on Wall Street now, and according to our data, it's likely that a few of the big investment banks on Wall Street will have problems in this crisis, and maybe we can absorb enough nutrients from their corpses. Zhou Shi changed the subject.

"But the funds asked?" Lu He asked worriedly.

"I'm going to press all the chips this time!" Zhou Shi said fiercely

"All the chips?" Lu He

"Pledge or sell the equity of Baidu and Alibaba," Zhou Shi said leisurely

"No, it's too dangerous. When Lu He heard this, he immediately refused.

"I'm willing to take this risk" Zhou Shi was a little unconcerned

"Ma Ali will not agree, if you want to say that you mortgage Ali's shares, there will be a lot of trouble. Lu He obviously also knew about the agreement between Zhou Shi and Ma Ali. Zhou Shi thought about it carefully, and yes, selling and mortgaging shares will inevitably destroy the trust between the two. Thinking of Ali's potential far beyond Baidu and Tengxun in his previous life, Zhou Shi was a little shaken.

"Then I'll think of a way" Baidu is about to go public, and Zhou Shi has a channel to cash out. Whether it's an open market sale or a mortgage, there are many ways to monetize it.