Zhang Chen returned to his seat, did not look at Chen Feng who was paralyzed on the ground, cleared his throat and continued: "What happened to Chen Feng just now, I hope everyone will take it as a warning, because of Mr. Zhou's intercession, I can temporarily not hand over Chen Feng to the judicial organs, but from now on, he is no longer a member of IDG." Wu Tian, pull him out. ”

Chen Feng looked at Zhou Quan with pleading eyes, and Zhou Quan didn't tilt his head.

"Thirdly, the integrated IDGVC will be restructured, and Mr. Shen Nanpeng will serve as the senior investment advisor of ChinaAMC IDGVC. Only then did everyone notice the polite Shen Nanpeng beside Zhang Chen, and Shen Nanpeng also smiled and nodded to everyone. And Zhou Quan's face became more and more gloomy.

Zhang Chen continued, "Mr. Shen Nanpeng graduated from Shanghai Jiaotong University, and then studied at Columbia University and Yale University, where he received a master's degree. Since then, he has worked in the investment departments of Citibank and Lehman Brothers for many years, and has very rich industry experience. I believe that Mr. Shen's joining will make our IDG go to the next level. ”

"In addition, in order to vigorously promote the business in Huaxia, IDGVC will add a GP position in Huaxia. At this, there was a commotion.

Zhang Chen continued: "And this GP position will be produced among the remaining four of you, and I will have a maximum of one year assessment for you, at this stage, whoever shows the strongest comprehensive quality and who can best meet the values and expectations of IDG will become the next GP of IDG." ”

Liu Ai is a girl, but her temper is more urgent, and she raised her hand to speak at that time, "Mr. Zhang, do you mean that in this year, whoever has better performance will be promoted to GP next year, is that what you mean?"

Zhang Chen shook his head, "Performance is only one aspect, and the current KPI assessment implemented by PTV is not suitable for IDG." Therefore, I am ready to launch the OKR assessment system at IDGVC. ”

"OKR?" Everyone including Shen Nanpeng looked at each other, not knowing what this thing was.

Zhang Chen looked at everyone, "There are several serious problems with the KPIs we are currently implementing, such as how much investment must be completed each year, how much valuation of the invested enterprises must increase every year, and the profits realized after exiting each year. In order to accomplish these hard targets, many people will use inappropriate means to achieve them, and Chen Feng is an example. ”

"In addition, the formulation of KPIs is often unreasonable in an industry like ours, which is also caused by the characteristics of our industry. Either the target is set too high, and at the end of the year, it is found that even if you work hard, you can't complete the target, or the target is set too low, and the first half of the year will complete the target of the year, in order to prevent the index from rising too much in the next year, the second half of the year often does not work or drags the project to the next fiscal year, resulting in the delay of the fighter. Therefore, KPIs are suitable for traditional industries, and they often do not have good results when implemented in companies like ours. ”

Everyone nodded, feeling concerned, which was very consistent with everyone's usual feelings. Liu Ai asked, "Then can the OKR you mentioned solve these problems?"

Zhang Chen talked eloquently, "OKR was born to solve the lack of KPIs. Originally, I arranged a training on OKR for you on Monday, but since I am here today, I will first popularize the basic concept of OKR to you. ”

"OKR is the abbreviation of Objectives and Key Results, and it is a new set of management tools. A set of tools to drive the goal by setting a challenging goal, then setting the key actions that need to be taken to achieve the goal. With that, Zhang Chen walked to the whiteboard, picked up the oil-based pen and began to explain the specific implementation plan of OKR.

"The source of OKR formulation should start from the vision, which is our original intention. Then there is the strategy, the annual goal, and the specific refinement layer by layer. In order to support the annual goals, we will set some quarterly goals and key results to be achieved on a quarterly basis, which is called OKRs, which are part of the overall goal system. ”

"In the process of implementation, we often break down the KR into a specific plan, and through the completion of the plan, the goal is finally achieved. Of course, this is only the implementation process of OKR, not the goal itself. ”

"At the end of a quarter, we have to evaluate the implementation and achievement of the goals, mainly to summarize the lessons learned, continue to expand the results, or correct the mistakes in time, not the evaluators. ”

Zhang Chen drew the entire OKR flow chart on the whiteboard, everyone graduated from a famous school, it can be said that they are all top students, and after a little thought, they understood the beauty of this system.

Zhang Shaojie asked: "Then if I set an easy goal, the progress and ease of completion will definitely be better than that of my colleagues, wouldn't my grades be the best?

Seeing that more and more employees began to participate in the discussion of OKR, Zhang Chen was reassured, which showed that Chen Feng's incident just now had been erased by the shocking news that he later brought to these people.

After all, it's IDG's GP position, and who of these young people, who is generally no more than 30 years old, doesn't want to climb to the sky in one step?

Zhang Chen said with a smile: "The goals of OKR are divided into individual goals and collective goals, and the formulation of individual goals is to serve the completion of collective goals. Therefore, each person's individual goal is a refinement of the collective goal. At the same time, everyone in the group can see the goals and goals of others, and even participate in the goal setting of others, so are you embarrassed to set a very low goal? ”

Seeing that Zhang Shaojie smiled embarrassedly, Zhang Chen smiled and said: "Today I just popularize the concept of OKR for everyone, and I will talk to you in detail on Monday." Your questions will be answered then. ”

Shen Nanpeng said thoughtfully: "Mr. Zhang, I haven't heard of your OKR management system before, but I feel that the goal setting part is somewhat similar to the MBO (Objective Management Law) proposed by Peter Drucker, but it is not exactly the same. This system is completely a set of effective management tools for innovative enterprises, and it is definitely at the level of management masters. It stands to reason that I should know such a good system, but I've never heard of a similar management system in operation, where did you learn that?"

Zhang Chen was stunned for a moment, and said without blushing: "Mr. Shen is well-informed, this system is inspired by Drucker's MBO and the HOM that Intel once practiced, and it took me a few months to research. ”