Chapter 894: Red Face
On the morning of August 5, the entire Motorola Mobility headquarters was immersed in a solemn atmosphere, which was very depressing, and even a little breathless.
The company's employees are not as relaxed as usual, some people are lazily leaning on their chairs, some are in a daze, some people are chatting together in groups, and some people even check the recruitment information on the recruitment website, almost all of them do not have any working status, and no one's mind is on the work.
The reason is very simple, as a once brilliant and great company, now it has been acquired by a Chinese company, and many Motorola employees find it difficult to accept it, just like the royal princess married Wu Dalang, who felt that her good cabbage had made the pig arch, and what made it even more difficult for them to accept was the radical reform measures implemented by the management team headed by Hastings.
Just yesterday morning, the company's new CEO Hastings sent an email to all employees of the company, indicating that the company will implement a salary cut plan for management and cancel a series of benefits for employees, such as the cancellation of shuttle buses and gym bathing services;
In addition, there is also grapevine that in order to save costs and improve the company's profitability, Motorola Mobility will lay off 30% of its workforce.
Motorola has always been known for its high wages and benefits in the past, and the new CEO will cut his salary and cut benefits as soon as he comes up, which makes it difficult for many people to accept, and the company may also lay off employees on a large scale, so many people are nervous and don't know where their future is, and even some employees are beginning to consider whether they should change companies.
At nine o'clock in the morning, Zhang Ran and the top executives of Century Peak appeared downstairs in the Motorola office building. Zhang Ran got out of the car, stood in front of the building, looked up at the landmark building in Chicago in front of him, and then looked at the Motorola Mobility Headquarters at the top of the building, a little excited, and Wu Ruide's face was also filled with great joy.
Walking into the building, taking the elevator to the tenth floor, Zhang Ran saw Hastings and the Motorola management team waiting at the entrance and exit;
After shaking hands with Zhang Ran and Wu Ruide, Hastings introduced: "Everyone, this must be no stranger to you, this is Mr. Zhang Ran, chairman of the Century Peak, and the new owner of Motorola Mobility. The CEO of the Peak of the Century, Mr. Richard Wood, ...... then introduced Motorola's management to Zhang Ran: "This is Vanessa Wittman, the CFO of Motorola Mobility Trust, who previously served as CFO of Marsh McSson Group, and this is Mark Randall, the rookie COO, who previously worked at Nokia and Amazon. While at Amazon, Randall was in charge of the supply chain business for e-books and tablets and was well-versed in the internet ......"
After Zhang Ran and Wu Ruide shook hands with the management team, they walked towards the company surrounded by everyone. Just after entering the Motorola office area, Zhang Ran noticed that the Motorola employees present were not in high mood, or unhappy, or indifferent, or dignified, showing a strong unwelcome attitude. This unwelcome attitude is even stronger than the last time Zhang Ran came to sign the contract.
Zhang Ran turned his head to Hastings and said, "It seems that your resistance to reform this time is not small!"
Hastings also knew that the company's employees were dissatisfied with his policies, but he was extremely confident in his reforms, and said with a smile: "No way, they are too proud in their hearts to see the peak of the last century, and our reforms are very radical, cutting too many benefits, they are naturally dissatisfied with you, the big boss!"
Zhang Ran smiled and nodded: "In the future, they will understand that everything is right today!"
Zhang Ran is very supportive of Hastings' new policy, because according to Hastings' research data, Motorola's annual benefits for each employee add up to at least $20,000. Based on the company's roughly 19,000 employees, the company spends $380 million a year on benefits. At this scale, a reduction in benefits could dramatically increase a company's bottom line.
Of course, in addition to cutting costs and improving the company's profitability, Hastings also hopes to make Motorola up and down the right position through thunder means. Although Century Peak acquired Motorola, Motorola people did not look at the peak of the last century, and felt that their princess was married by the nouveau riche of Century Peak, and felt that the engineer culture was the best. If Motorola is not allowed to put itself in the right position up and down and do things contrary to the good and the bad, the reform will not be carried out, and Zhang Ran's entire plan will not be able to be promoted.
Six years ago, after BenQ acquired the Siemens mobile phone business, the Siemens mobile phone division looked down on BenQ in various ways, and BenQ's various policies could not be implemented in Siemens at all, and finally BenQ's acquisition ended in a fiasco.
When talking about the experience of failure, the president of BenQ later said that the parent company with a weak culture must be decisive in managing the employees of subsidiaries with a strong culture, and if it needs to be cleaned, it must be cleaned as soon as possible.
Zhang Ran feels that this is very reasonable, the management of Motorola must not be gentle and frugal, the thunder means must be used, and the proud Motorola people must understand that Motorola Mobile is now only a subsidiary of the peak of the century, and now it is the peak of the century that has the final say!
Of course, relying on toughness and suppression, just cutting benefits, will definitely not manage Motorola Mobile well, but will lead to a large number of resignations of the company's employees and management; therefore, after suppressing and cutting benefits, we must give everyone enough benefits, so that they feel that there is hope for staying in the company, and even better than before, so that they can follow the company with all their hearts, which is also the fundamental reason why Zhang Ran appeared here.
If Hastings's methods were sung in white face before, then Zhang Ran came over today to sing red face!
Led by Hastings, Zhang Ran and Wu Ruide entered a large conference room, and a company executive quickly summoned some of the employees over.
Hastings clapped his hands and said with a smile on his face: "Everyone, standing next to me, I believe everyone knows, Mr. Zhang Ran, the founder of YouTube and Fly, and the new boss of Motorola, I would like to invite Mr. Zhang Ran to speak!"
There was sparse applause at the scene, and all employees were very cold.
Zhang Ran glanced around the office, his eyes swept over the faces of each employee, and the corners of his mouth outlined a faint smile: "It seems that everyone is not very welcome to my arrival! I know that everyone is very dissatisfied with the management's reduction of benefits, and is very worried about the future of the company, and feels that the management is fooling, and even many people are thinking about leaving their jobs and looking for a company with better benefits! But before everyone leaves, I hope you will listen to the policies we will implement next!"
For a long time, Motorola has formed a big pot of rice with high wages and high benefits, and there is little difference between good and bad employees. Motorola's original intention is to avoid unnecessary comparisons between employees, and everyone has a relaxed and comfortable environment to work with peace of mind. But this kind of big pot rice type of high welfare has long been not applicable, can only raise lazy people, in the company's business situation will be happy when the situation is rising, once the situation is reversed, it will become a heavy burden for the company, and eventually drag the company and employees into the abyss. Now that Motorola has fallen into the abyss, if you don't want to die, you must throw away this burden and move forward lightly. ”
Hastings and the management he formed were nodding, everyone knew that Motorola would not survive if it did not throw away the burden of welfare, but the reaction of the company's employees was very cold, indifferent to Zhang Ran's words, they loved Motorola very much, and they also hoped that Motorola could be reborn, but it was absolutely unacceptable to cut off their benefits.
Zhang Ran knew that the employees couldn't listen, and said with a smile: "I know that the benefits have been cut, which makes it difficult for everyone to accept, but what I want to tell you is that although the benefits have been drastically reduced, you have won the future, and in the future you may become millionaires, or even multimillionaires! Don't think I'm bragging, last year's Fly listing created more than 10 billionaires, more than 200 multimillionaires, more than 1,000 millionaires, and one-third of the company's employees became millionaires!" Fly has a popular app called Viddy, where users can shoot videos that are 15 seconds long and add various filters before uploading and sharing them with Fly. This is an app developed by a six-person group of Fly, and because of this program, this six-person group has gained enough equity that when Fly goes public, they all become multimillionaires, and their combined worth is more than $200 million! This scene may be repeated in Motorola in the future! Because we will implement an option incentive plan! If you can come up with a good enough product, if you can achieve excellent results, then you will be rewarded with options and dividends!"
The Motorola employees present were shocked, and their ears were pricked up.
Zhang Ran continued: "In the history of Motorola, there have been mobile phones that have amazed the world and even made the whole world crazy, such as the Blade series. I don't know if the team that developed the Blade set is still around, or how much they have been rewarded for developing the Blade set. But if there is a team to develop such a popular product as the blade series in the future, then the design team will receive enough options and dividends, and the entire reward may be as high as hundreds of millions of dollars! The option incentive plan we want to implement is not only for the design team, but for all employees, as long as you perform well, whether you are a designer, or a retail clerk, and ordinary workers in the factory, you can get restricted stocks, and the specific plan will be launched in the near future!
"Wow!" the entire conference room was suddenly amazed. Many U.S. companies have option incentive plans, but most of the option incentives are for the management, often unrelated to ordinary employees, and now Zhang Ran has launched an option incentive plan for all employees, and the employees present are undoubtedly very excited, and even a little excited.
Zhang Ran saw that many of the employees present showed surprise on their faces, and also showed a smile: "We believe that the most important resource and soul of Motorola Mobile is the company's employees, that is, you, this company is not only ours, but also yours, we hope that everyone will truly become the owner of the company and strive for the future of the company together." If you can't accept the company's new policy and want to leave the company, we say goodbye! If you are willing to stay at Motorola and work with us, then we welcome! That's all I have to say, thank you!"
People from other companies may not be impressed when they hear that Motorola is implementing an option plan for all employees, because Motorola has been in poor shape lately, is in continuous losses, and it is difficult to turn a profit in a short period of time.
However, the employees of Motorola Mobile are not like this, they are very confident in Motorola, in their eyes Samsung Apple are all scum, is opportunistic, Motorola technology is still leading, but temporarily in a predicament, as long as the right direction will soon be able to get out of the predicament, in their eyes Motorola is always full of hope.
Therefore, after Zhang Ran announced the option incentive plan, the whole office suddenly burst into warm applause.