Although Doug's industry has silently spread outward, the core members are still the people around him.

The vast majority of people do not realize the difficulty of management. Because throughout their lives, they have led more than ten people.

While many businesses may look glamorous, when you walk inside, you'll find that they're actually just sleek on the outside.

They have a good history, even if their strength is still there, but they always seem to be unable to do anything.

That's something wrong with management.

Why are some enterprises with a long history, at least into stable development, exposed management problems?

Isn't there a management problem for those start-ups?

Of course there are.

It's just that before the management problems were exposed, it had already closed down due to various problems.

Today, Doug's industry has spanned four fields: media, entertainment, chemical industry, and equipment manufacturing.

The first three of these are managed directly by Doug and the last by Oliver Winchester.

Don't look at Doug's daily things, it doesn't seem like much, but just the small things of three modules can already consume his entire day's things.

Doug is a man who is willing to delegate power and authority, and he doesn't think it's a good thing to do things personally.

Because, people's energy is very limited, if they are all focused on the details, who should lead the general direction?

Besides, in the rising stage of industry development, rapid expansion to occupy the market, the benefits to be brought are far more than fine management.

So, Doug had an idea, he wanted to set up a staff headquarters.

The prototype of the General Staff, which appeared in the middle of the XVII century.

In 1640, Prussia followed the example of the Swedish army, which was advanced at the time, and formed the Quartermaster General's Department.

The Quartermaster General Department was responsible for the tasks of engineering service, the selection of marching roads and camps, and the construction of positions.

By the time of Frederick the Great, the Governor's Department had added the task of heralding, guiding the marches, and drafting reports and documents for the generals.

To put it simply, it is to cultivate a group of professional people and let them do professional things.

To a certain extent, the military is the industry that needs a sophisticated command system the most, in addition to industrial production.

Doug had experience in modern business management in mind, but when he created the department and persuaded others, it was the Prussian Quartermaster General that needed to be mentioned.

Fortunately, this is also in line with his identity.

A German with thoughts like Doug's may seem normal to others.

By four o'clock in the afternoon, the open part of Eagle Bank was closed.

Although there is still a long queue, the rules are the rules, and as the tellers leave one after another, those who want to exchange metal currency can only disperse helplessly.

Still, there were complaints.

But the content of the complaint has changed from the day before.

He has gone from complaining that he can't exchange much metal currency at all, and is worried that the Eagle Bank will suddenly collapse and all the bank bills in his hands will become waste paper.

When you complain that the queue is too long, there are too many people to exchange, and you have to delay your work if you queue up again.

Although, still complaining.

However, the latter has already stated that these people who queued up to exchange metal currency already subconsciously felt that Eagle Bank would not fail.

That's good news!

Metal money has been around for a long time in history, and there is a reason for it.

However, it is not without reason that paper money, such as bank bills, has become popular and accepted.

Although metal currency is stable and easy to divide, it is naturally the characteristic of currency.

However, its own weight and volume insulate it from large-scale transactions.

Because, for large-scale transactions, they are too heavy.

Therefore, there is a need for an organization that stores this gold and silver and then issues notes outward.

When there is a large transaction, as long as these notes are traded, the transaction can be completed.

There is no need to foolishly carry precious metals that cannot be eaten or drunk.

Especially in places where commerce is more developed, the higher the demand for such precious metal certificates.

Because, the more developed the business, the higher the number of transactions, and the time to move precious metals has even affected the transaction.

This is because many transactions have evolved into more transactions before the precious metal has arrived.

The whole trading system, under the system of metal money, has a lag and cannot achieve the highest efficiency.

Therefore, bank bills will become the trend and mainstream in the future.

And the banks that issue bank bills are not good babies, honestly watching gold and silver lying in warehouses, and will not issue more currency.

Later, banks even found that as long as they kept about 5% of the issued amount of gold, they could support daily exchange.

They call it the reserve ratio.

And from the moment they took this step, they began to value "credit" and were afraid of "runs".

However, banks are held in private hands, and those who hold bank notes will always be worried.

As a result, Doug has plans to rename Eagle Bank and the bank it has acquired as "Bank of America."

Even if everything remains the same except for the name, those ordinary people will naturally have more trust when they see "Bank of America".

In other countries, the renaming of private banks to national title banks is not likely to work.

But this is the United States, and it will work in the United States.

It's like the American newspaper group, even though it's also a private newspaper group, but it just makes people more trusted.

The U.S. Constitution does not prohibit this.

If the law does not prohibit it, you can breathe the free air of the United States.

Such a simple and crude method is known to be effective after hundreds of years.

Doug was just thinking about what font to use to express "Bank of America", which would make people feel more formal and solemn, what kind of logo, without losing beauty, and when it could be remembered, there was a knock on the door, Ram walked in, put his hands in front of him, and said respectfully, "Boss, it's all done." ”

"Mrs. William handed over to the parents?" asked Doug. Although he was very relieved that Ram was doing things, there were some things that he still asked and understood, and he knew in his heart.

"Yes, it was sent. They said they would have to let her swallow a thousand needles today to let her go!"

"A thousand needles?" Doug didn't know what was in mind, but actually smiled.

"If they're short of needles, we can provide them." ”