Chapter 881: Master Negotiator
Although Pilsen knew that what Jiang Hui said was true, in order to sell the Sanyo shares in his hand at a good price, he still didn't want to admit Jiang Hui's point of view.
"Jiang, I don't know why you are so pessimistic, our analysis team has always felt that the international economic environment is positive, and you can also see this situation from the changes in crude oil prices. If everyone is pessimistic about the economy, how can oil prices keep rising this year?"
In 2007, driven by factors such as the strong growth of the world economy of more than 5%, the deterioration of the geopolitical situation in the Middle East, the unresolved Iranian nuclear issue, the frequent refinery accidents, the speculation of foreign capital and the depreciation of the US dollar, international oil prices showed a trend of first declining and then rising, and the average annual price of West Texas crude oil futures in the New York market was 72.3 US dollars per barrel, up 9% year-on-year.
In 2008, although the subprime mortgage crisis in the United States increased the uncertainty of global economic growth, the global economic fundamentals remained sound; uncertain factors such as geopolitical risks, speculation, and weather changes always existed, and international oil prices not only did not fall, but rose further.
This gives many investors the illusion that the economy is doing very well.
I don't know if Pilsen is this kind of investor, or if he saw this situation clearly and deliberately said so, Jiang Hui doesn't know.
"There are so many factors that the rise in oil prices is hard to boil down to the fact that the economy is in good shape. The world economy has been developing for nearly a decade, and it is normal for there to be a round of adjustment. In this adjustment cycle, some people laugh and some cry, some companies go bankrupt, and some companies are swallowed up, which is a very normal phenomenon. Jiang Hui began to steer the conversation towards acquisitions.
Only when the tide recedes will you know who is swimming naked.
It is only after the financial crisis that we know which companies are really healthy.
Historically, the United States took advantage of the financial crisis to reorganize its domestic financial order, laying the cornerstone for the economic recovery in the next few years.
"Jiang, to be honest, the average foreign investor of the island country can't handle it, are you sure you want to wade into troubled waters?"
Although Pilsen wanted to sell Sanyo's shares to the Guanghui Group at a high price as soon as possible, the trading of the pole was not selling, and Lao Mei also understood this truth, so he looked very skillful to consider the problem from Jiang Hui's standpoint.
As a master negotiator at Goldman Sachs, Pilson knows very well that the key to successful negotiations is to consider the problem from the other side's point of view, or make the other party feel that he is asking him to consider the problem.
Therefore, Plzeň mentioned the problems faced by foreign investors in the island country, which itself exists objectively, but after Pilsen's interruption, it gives people the impression that Goldman Sachs is considering the acquisition of Sanyo from the perspective of Korn Whirl, and is pursuing a win-win situation.
Fortunately, Jiang Hui is no longer a rookie, what words can be taken seriously, and what words can be listened to, he is still very clear in his heart.
"Pilson, you are an American, and you have a natural sense of combing for East Asian culture, but as two countries that are both influenced by Confucian culture, I think it will be much easier for us to understand some of the ways and means of island companies, and I believe that this will not be an obstacle for me to acquire island companies. Korn Ferry Group's previous successful acquisition of Hagiwara is a successful case. ”
"Jiang, this is your first time in the island country, right? Do you know what happened to me when I first came to the island country?"
"I didn't expect Mr. Pilsen to be a man with a story, and I listened to it. ”
"The island nation is a place where there is a strong emphasis on ceremonies, and it is believed that through various company-centered ceremonies, corporate cohesion can be strengthened and the spirit of cooperation can be enhanced. Therefore, whether it is awarding, New Year's Day, resignation and job transfer, etc., a formal and serious 'ceremony' must be held.
Most companies have a 'pilgrimage' when they go to work, everyone has to participate, stand together, listen to the training, applaud, shout slogans, it is a ceremony to indicate that the work is about to begin, and everyone is cheering up, which is a bit like the flag-raising ceremony organized by our primary and secondary schools. When it comes to the end of work, many companies still have 'evening gifts', employees have to stand still and listen to the boss's words of encouragement and thanks or the company's corporate song and other things, and finally the boss said: Zhujun has worked hard, and will continue to rely on it in the future. The staff replied: Thank you for your kindness. before disbanding and going home. ”
Pilsen began to tell his story.
"The first time I came to the island, it was due diligence on the acquisition of a factory. But when I went there, I happened to run into this company doing 'Xi Li'. ”
"Oh, there's nothing wrong with that, anyway, people and companies in island countries like to work overtime, so it's just a little late. ”
"It's not a question of whether it's too late or not. Jiang, did you know that the company's 'evening ceremony' is to sing the social song, but perhaps to reflect the difficulties in the early days of the business, the social song personally approved by the president of this company is very tragic.
When our car entered the company, we saw its employees standing solemnly listening to this mournful song, and the background was the setting sun. I was all over, with goosebumps on my face, and turned to my colleague solemnly and said, "It seems that we have not come at the right time, and an important person in their company may have just died......"
"Haha, Pilsen, you are really ......" Jiang Hui didn't say what Pilsen said, this was to make me laugh.
However, in the island company, "etiquette" is indeed a very important thing, which does not mean bowing and greeting between colleagues, but various ceremonies within the company.
Some people say that the state-owned enterprises of the Celestial Empire will be a must, so the number of "rites" of the island-state enterprises is also a must.
In his previous life, when Jiang Hui was in Shenzhen, he had also come into contact with some island country investment enterprises, and he could be regarded as having a certain understanding of this situation, so he didn't doubt what Pilson said.
Because this happened, if not really happened to Pilsen, it happened to other foreigners.
"Jiang, this is just one of the episodes, I have been in the island country for ten years, and I have seen all kinds of strange things, but this is not the only one.
When I got my first haircut in the island country, and when I was about to start the haircut, the shaving master asked, "Go to work?" I was stunned and didn't understand what it meant. The master pointed a knife at my head - 30 percent, 70 percent?
Later, I realized that the hairstyles of the employees of the island company are fixed, with separate heads, 30% on the left and 70% on the right.
Although I know that the Big Four accounting firms have very strict dress codes for their employees, the dress and hairstyle of the employees of the island country has a more strict tradition, and the appearance is very eye-catching when walking on the street, and the result is that during the rush hour, sitting in the subway all around seems to be carved out of a mold. Walking in the company, there is also a great danger of recognizing the wrong person. ”
(End of chapter)