Chapter 113: Another Meeting
The day after the annual meeting of the new venture electronics company was held, Lin Qi held the annual meeting of the new venture publishing group company. Although the two companies have a "new venture" and the major shareholder is Lin Qi, the two companies are relatively independent and have few financial connections, and basically, they can be regarded as two different companies.www.biquge.info
This is also what Lin Qi did intentionally.
At present, the international community blindly advocates large-scale, believing that only by expanding the scale can we save costs and enhance the competitiveness of enterprises. In particular, the world's top 500 companies have become the target of most enterprises in this era. It seems that the scale of the enterprise to reach the top 500 is the goal.
But this is not the case, the enterprise is essentially a platform used to achieve continuous operation and profitability, and the scale of employees and the scale of enterprise revenue are not the fundamental purpose. The most fundamental purpose is to realize the appreciation of assets and create long-term and sustainable returns for shareholders and employees.
And once the enterprise grows larger, the business will become less and less pure, and the thinking will gradually become confused. Second, some decision-makers use their brains, and most people begin to use their brains, or even if they use their brains, their wisdom is difficult to adopt. After all, there are a lot of people, you say this, he says that, thousands of suggestions and plans, what should I do?
In later generations, some managers reflected that the bigger the enterprise, the better. On the contrary, the company began to grow continuously, and gradually divided into independent small companies and small teams. If the efficiency of large companies is underground and the thinking is chaotic, then let the internal division into different teams to do things, everyone operates independently, the well water does not interfere with the river water, and each has a different decision-maker. Use time to prove who is right and who is wrong, and avoid all resources being invested in the wrong decisions.
If splitting into two teams is not enough, then gradually splitting and gradually dispersing into smaller and smaller numbers, each small team has a core decision-maker.
The smaller the team, the clearer the goals and who the decision-makers are. Once the direction is right, it is the most efficient, and few resources and manpower are wasted.
It is precisely with this philosophy in mind that Lin Qi will not try to merge companies into one, and it is possible that more and more businesses in different directions will be spun off and operated independently in the future.
"Yesterday, I just held the annual meeting of the new venture electronics company, and I carried out some institutional reforms for the new venture electronics company. Lin Qi smiled and said, "You may know some news, equity incentives." Originally, I was almost 100% owned by the new start-up electronics company, which was almost a sole proprietorship. In addition, the average salary of the company is not low, but the upper limit is visible, a monthly salary of 20,000 yuan. From the company's highest-level chairman and general manager to middle managers, this is the upper limit of the monthly salary of a new venture electronics company. Technical personnel are incentives for invention patents and dividends after the product is listed, enterprise managers and professional managers, as well as teams and personnel with a long R&D project cycle, and there are dead ends in incentives. Therefore, in the new venture electronics company, I took out the equity and implemented the equity incentive system. Let the company's core personnel enjoy the growth report together. ”
Most of the people present at the conference were writers and cartoonists, and there were not many real companies that received fixed salaries.
"It's the same with start-up publishing companies. Lin Qi looked at Ma Rongcheng and Niu Lao and said, "Popular writers and cartoonists can earn more than one million yuan a year." However, editorial and managerial talents can only get four salaries, and their performance is good, and they cannot share the returns other than salary. ”
Some of the editors present showed their expectations, of course, Ma Rongcheng and Niu Lao were a little embarrassed, in fact, the editors above their heads did not earn as much as a fraction of them.
If they are veteran comic gods, of course, they take it for granted, but they are cartoonists who have just risen this year, and the amazing remuneration they earn is still through the adaptation of "Breaking the Sky", so they will naturally not have any arrogance in their hearts, but they are a little worried about whether the editors-in-chief, editors-in-chief, and editors-in-chief who are in charge of managing them will be psychologically unbalanced and quietly suppress them.
"For a content company, management, editors and authors are all very important! Maxima is commonly used and Bole is not, so the experience of a good editor is definitely an asset that cannot be ignored. Lin Qi said, "I also discussed with the company's major shareholders, and we will take out a part of the equity to ......motivate the company's outstanding personnel."
"I also support the equity incentive policy!" Zhang Dahai nodded and said.
The equity incentives of New Venture Press are similar to those of New Venture Electronics Company, but the number of incentive personnel is relatively small. As for the company's total share capital, it is also 100 million shares, but the company's net assets are only 60 million yuan. For employees who are more recognized by the company's long-term development, they can deduct money from their salaries and subscribe for equity according to the company's current net assets per share.
The source of these shares is the voluntary sale of a part of the equity by the old shareholders to the company's finance at the current net asset valuation. The finance department has set up a special equity fund, which not only sells equity to employees, but also implements cash repurchase of equity.
In this way, although the company is not listed, there is a limited circulation market for internal equity. In this market, stock prices are not valued according to price increases, but by net assets.
"I have doubts about whether comic book writers are eligible to apply for shares in the company. Ma Rongcheng said.
"This ...... No problem. However, the upper limit of the subscription of equity shall not exceed 100,000 yuan per year. Lin Qi explained, "If you buy too much, it will be unfair to employees who get a fixed salary." After all, the amount of the subscription of equity cannot exceed its salary ceiling. Their salaries are far from being comparable to the amount of your manuscript fees. ”
If popular writers are allowed to subscribe unlimitedly, then soon the company's shareholders will only be the original major shareholders, and some popular writers with very high manuscript fees, instead of taking the position of management team and editorial staff. In this way, it deviates from the original intention of Lin Qi to set up equity incentives.
Next, Ma Rongcheng, Niu Lao and other cartoonists are very determined to buy the company's equity.
After all, they earn more than a million a year and can't find any good investments other than buying a house. Based on its optimistic outlook for start-up publishing companies, there is nothing more reassuring for them to invest in them than buying a stake in a start-up publishing company.
Moreover, holding the company's equity will also make them feel that their interests are tied to the company, and they can better talk to the company's management, which is more attractive than a simple equity dividend return.
This consideration alone has strengthened the determination of the popular writers and cartoonists under the New Venture Publishing Group to take shares.