"No, business decisions only need to be made by the business decision-making department, and business approvals must be linear and not cross-sectional. The finance department only needs to determine whether there is a loss, as long as there is no loss, I don't want finance, personnel, and internal control to be included in the approval process, what you need to do is audit and supervise after the fact, rather than participating in normal business decisions, what I said is not clear enough?"

"No, no, no, adding an approval process doesn't reduce risk, it only reduces efficiency, but instead turns the risk control and compliance department into the biggest risk to whether the company can grow. I need you to set red lines, and within the red lines, the business units have full autonomy. ”

"Yes, that doesn't mean just chasing performance, otherwise the audit and compliance department doesn't exist. I need the Finance, HR, Audit and Compliance departments to continuously and closely monitor business decisions, and every approval document of the business department needs to be handed over to the functional department for a record. At the same time, the functional department needs to make the necessary review of the decision-making plan, and if it is found that there is a violation of the red line, the person responsible must be identified and the corresponding punishment must be given, including dismissal or transfer to justice. I can trust the business and I won't allow others to live up to my trust. ”

"Ding Lei, as the COO of Netart, you have the highest authority, and all decisions are signed through your hands, so you have the greatest power and the greatest responsibility. You and your business unit must learn to identify risks and receive training in business ethics and compliance, and take regular exams. I can tell you that Tinder has hired Miguel Antonio, the former head of the FBI's Management Services, as the head of Tinder Monitoring, responsible for leading the monitoring of all regions and investments in the world, and I don't want to see any of you name in the report he handed me. ”

Zhang Chen was in Xiangjiang, and he did not delay his daily work, and his daily schedule was full. For start-ups, there are too many things to build, but fortunately, with the strong financial support of Tinder Source and Zhang Chen's deep understanding of the portal, Netart has at least stood firmly in the top position of the domestic portal.

But the company is like this, born in sorrow and dying in peace.

As long as the company is happy, infighting will come.

Zhao Lixin's compliance department successfully dug up Liu Guangda's moth in Colotto, and the compliance department gained momentum, and NetEase, which was controlled by Tinder, also set off a huge review work.

This kind of thing will inevitably cause panic, and even worse, the internal control department has been involved in the normal approval process of the business department, without their signature, even Ding Lei did not dare to make business decisions, and the internal control department has become the emperor of the entire company and began to act as a blessing.

Fortunately, Zhang Chen discovered this sign in advance and organized several telephone conferences, once again reiterating the scope of authority of the internal control department to ensure the purity of the business department's decision-making.

Keeping the business aggressive and at the same time not out of control and maintaining a balance is something that every company manager needs to face.

When this balance is broken, the risk increases, but unfortunately, this balance is too fragile and too easily broken.

Just like Huaren Real Estate, a planned loan that was not disbursed on time easily shattered this fragile balance.

Especially when Zhang Chen heard that Liu Yuci pledged 3% of his equity in Huaren Real Estate to HSBC in exchange for a loan of 200 million Hong Kong dollars, he knew that Huaren's balance had been broken.

Zhang Chen understood that he only needed to wait quietly, and when the best time appeared, he could defeat Liu Yuci in one fell swoop.

On July 1st, the whole of China was jubilant, almost all the work units had a day off to welcome the return of Xiangjiang, and the streets of Xiangjiang were full of people, whether it was a shop or an office building, and the red and gorgeous Chinese flag was inserted at the door of each building.

And most Hong Kong people are also full of smiles on their faces.

This is the land of the Chinese people!

Liu Yuci looked for Qi An twice, Qi An just shirked, Liu Yuci was angry and originally wanted to directly put forward his claim to the No. 1 person at the return reception, but when he arrived at the scene, he found that he had no chance to put forward it at all.

Whether it is shaking hands, chatting, or even arranging the order of meeting and greetings during the meeting, it is necessary to rehearse and pass the review first. He could imagine that in this case, if he said something inappropriate, he might indeed be able to have some negative impact on Zhang Chen, but he would definitely not receive any preferential treatment for his future development in the mainland.

The main reason is that Tang Jianhong has already handed over to him the background information of Zhang Chen that he has investigated.

Member of the Board of Directors of Salomon Smith Barney, one of nine directors.

When Liu Yuci saw this line of title, he almost pinched out the mammary gland hyperplasia of Li Damei next to him.

How is this possible!? Liu Yuci's first reaction was that the fake news must be fake, and this kid is too bold, and he can't help but regard the world as a fool.

Salomon Smith Barney is a large consortium after the merger of Salomon Brothers and Travelers Group, and is one of the top three investment banks in the United States and the world, how can he be a director of Salomon Smith Barney?

When he repeatedly confirmed the authenticity of the news, Liu Yuci regretted it to the extreme.

For someone like him who specializes in acquisitions, there's nothing more important than maintaining good relationships with the big banks. The largest source of leverage, whether it is the leverage necessary before acquiring a company, or the capital invested in restructuring the company after the acquisition, is the investment bank.

And he, for the sake of a Luo Zhaohui, offended the director of Solomon Smith Bang!

Thinking of so many people reminding themselves not to blindly stand on the platform for Luo Zhaohui, why did they have to help this poor boy who was born as a real estate agent?

But the matter has come to this, Liu Yuci knows that it is useless to regret it, and it is impossible for him to apologize to Zhang Chen now.

After all, he is a billionaire with a net worth of tens of billions, if he admits it like this, he will not be able to mix in Xiangjiang in the future.

Liu Yuci immediately decided that the acquisition of Dachang was a plan that he had been brewing for half a year, and it would obviously be a great loss to suspend it at this time. However, with the decline of their credit rating in the banking system, under the current economic situation, many financing channels are unable to continue to provide financial support for themselves. Their own real estate has long been pledged in exchange for financing. The only way for Liu Yuci now is to pledge some of ACN's shares in exchange for cash.

It's only three percent, and the acquisition can be completed within three months, not too long, and the risk is controllable.

If you don't get sniped.

Hiring former FBI employees is very common in reality, otherwise so many retired FBI people will have to find a job, or drink the northwest wind?

(End of chapter)