Chapter 428: Look ahead

9�8����I��n`Նj̈́6�O�-��8bu(�t��)�Ub1��y�ot�; As Linkett walked out of the president's office, Link's temporary secretary stole a glance and didn't see the same frustration or anger as the other executives.

She only saw a look of ambition on his face, and the pace of his departure seemed to be very calm and solid. She didn't just think: Could it be that he was promoted?

She really guessed correctly, Benedict was indeed promoted.

He hadn't even thought before he entered Link's office that Link had called him to talk to him like that.

When Link saw him, the condensation on his face made him think that he might have to follow in the footsteps of the other higher-ups.

Link motioned for him to sit down and then spoke, "Director Benedict, five years ago, you came to Guslet, and the company's turnover increased by 20% that year, and by 35% the next year. Guslet's market capitalization has increased from over $400 million to nearly $800 million, and I think that's enough to prove how good you are. But why did the company's turnover suddenly drop dramatically over the next three years, and all the way down?"

Benedict felt that he was asking for a reason to fire him. However, he does need to be responsible for the decline in the company's turnover, but he is not willing to take full responsibility.

"Mr. Hans, there are indeed factors that have caused the current situation of the company to be misjudged by me. However, the problems within the company are also the reason for the decline in the company's performance. ”

"Problems within the company, I like to hear what problems exist within the company?"

Benedict said bluntly: "The first reason has to do with Mr. Hans. When Mr. Hans blamed Mr. Guslet in the media and his reputation was devastated, our competitors began to make a move, and we were strained by the banks as they began to demand their debts as they matured. ”

"The second reason is that insiders are floating and people's hearts are fluctuating. Especially after laying off some employees in order to save expenses two years ago, the whole company is unstable. Poor performance, coupled with corruption at the top of the company, has led many employees to start planning for their own future, rather than thinking about moving forward and retreating with the company. ”

"The third reason. Because of the shortage of money, the company began to default on the payment of suppliers. As a result, the supplier asked us to settle the monthly payment or even ask for the previous payment to be paid again before supplying again, which made the variety of products in our store not enough to attract customers. At the same time, the stock price also declined due to a number of negative factors. The company became insolvent and could no longer borrow from the bank. ”

"In short, it's a vicious circle," he concluded. ”

Guslet was a company that had grown with the support of other politicians and bankers, and if it lost those two things, its foundations would collapse. He is just a sales director, not the owner of the company, and there is nothing he can do about this situation.

After hearing what he said, Link suddenly laughed and said, "You must have heard that I am rich. Yes, as you know. I'm very rich, so there is no silver tension in the Lin family. So, how far can you do in a year?"

"What do you mean, Mr. Hans?"

"My team of lawyers has audited the accounts for two years and found that only you and a handful of other senior staff members have not used the company's finances to reimburse personal expenses. And you've proven what you're capable of. I can give you a year, give you enough money, give you plenty of room to play. I wonder if you can make the Lin clan surpass the peak of the Guslet period in a year's time. ”

Benedict didn't expect that not only would he not have to be fired, but he would seem to have more power. But he remained calm. He heard Link's condition: he had a one-year probationary period. If he can't satisfy Link, he'll still be fired a year later.

He thought for a moment and said, "I wonder how much money Mr. Hans plans to come up with?"

"I can give you a budget of five hundred million dollars. But I will have a controller to oversee the disbursement of this fund. And you'll be the acting president. The financial side will support your decision as much as possible. But if your decision-making is risky, you must get my consent, and finance will give you full support!"

"Five hundred million dollars?"

Benedict was moved. At its peak, Guslet had a market capitalization of $800 million, but those were all imaginary. Most of Guslet's malls are leased and are not the company's assets. It can be said that at the peak of Guslett, the real value will not exceed 300 million US dollars, and the main thing is the brand value.

$500 million in cash is enough for him to generate $2 billion in cash flow. If in this case, he can't rebuild the Lin clan that is on the verge of bankruptcy, then he can admit that he is indeed incompetent.

"If $500 million is available, I guarantee that in a year's time, Lin's turnover will exceed the peak of the Guslet period. As for the market capitalization, it depends on the operation of the stock market. ”

Link nodded and said, "Okay." Now you are the acting president of Lin's Retail. Later, the HR department will sign a new contract with you. The contract is for one year, but the company has the option to automatically renew it for another five years. Of course, the treatment after the renewal will be increased accordingly. ”

Benedict works part-time, and of course wants to be paid better, but it's a rare opportunity for someone like him who can't afford it. Surpassing a company on the verge of bankruptcy in a very short period of time, if successful, he will have a very beautiful resume, so he is willing to endure a relatively low salary for a year. If the company wants to renew the contract, if he is not satisfied with the treatment, it is easier for him to find a better job if he wants to leave with that kind of resume.

He nodded and said, "Okay." ”

"Since you agreed. Lin couldn't afford to waste any more time. Those who I thought should have left have left the company. These positions can be arranged by you. In addition, the mall should also open as soon as possible, and I think you will make a rectification plan that is most suitable for you. ”

Benedict didn't expect to even get the right to personnel. With this power, he knew that Link was not just talking about giving him room to play. This gave him more confidence and said, "No problem, in two days, you will see my plan." ”

"Good. Then you go and prepare now, and I will announce your personnel appointments and dismissals in the afternoon. Tomorrow, this office will be yours. "He's been in Renault for too long.

Benedict was already thinking about what to do with the senior staff who had been emptied out of his office.

He has been in the company for five years and is familiar with all the employees in the company. But after three years, some incompetent people occupied high positions, and capable staff members changed jobs. And Link didn't give him much time, he needed to come and fight.

Not long after he got to work in the afternoon, Link summoned a handful of the company's few top executives to announce Benedict's appointment. Then drive to Las Vegas.

When he arrived in Las Vegas, he went straight to Martha's office. He also didn't talk nonsense: "There are three things that came to you. First, I want to send a stable person with certain experience in corporate financial management to Lin's Retail as the financial director. Do you have the right person here?"

"Morris and Miller's assistants should have that ability. They have been helping to follow the two with the financial and investment projects of Hanse Investment. ”

"Then choose one of them best. Once I've chosen, I'm going to talk to him face to face. ”

"Okay. ”

"The second thing is to set aside a budget of $500 million for my private funds, which may be transferred to Lin's Retail within a year. ”

"I'll let Miller follow up on this. ”

"The last thing is that our food processing industry needs to speed up. But before that, you can contact Kempner Holland of the North Texas Pollution-Free Food Association and work with them to develop a pollution-free production standard for beef as soon as possible, where we can build the first large-scale joint slaughterhouse, designed to be designed to a pollution-free production standard. ”

"Okay, I'll follow up on this matter myself. ”

"It's a big deal. If you set up a food processing business, you need to start forming our own lobby group. Not only at the government level, but also at the farmer level. ”

"Good. Martha wrote down his request in a small notebook. "Anything else?"

"Nothing else. ”

Martha put down her pen and said, "I just wanted to make a suggestion to you. ”

"You say. ”

"The total amount of the Hans Fund has exceeded $1.5 billion. I suggest that this money should be spent. ”

"Do you have any good proposals?"

"The Hanse model has been successful, and with the experience we have made, we have made some adjustments, and now we have the funds to set up more low-cost apartments. We recommend that this time we continue to build three to five new ones in the United States. Previously, she proposed to suspend the expansion of low-rent apartments because she was worried that the fund would not be able to afford more, but now it seems that Link's money will only increase, and the amount of money donated to the fund will only increase. Her worries were somewhat unnecessary. "If you agree, we'll pick a few alternative cities for you to choose from. ”

Link has no problem with that.

Seeing him nod, Martha continued, "But even if that's the case, it won't take a lot of money. There will still be a large amount of spare money in the fund's account. I recommend putting half of it into some investment. ”

"Are you planning to do it yourself or someone else?"

"We felt that Stoll's business strategy was a perfect fit for our requirements. "The most important thing is that Link can get Stoll to list the money separately and not use it for risky investments.

Link nodded again and said, "I'll talk to Fren." Anything else?"

"Also, I would recommend expanding low-rent apartments to Canada!"

Puzzled, Link asked, "Expanding to Canada?"

"Link, we all feel that it's time for you to expand your reach internationally. ”

Link laughed and said, "Okay. I agree with that. Maybe I can be an international celebrity for a while, too. ”

"You always have been. It's just that your reputation doesn't translate into your influence. ”

"How many do you think you should open in Canada?"

"You can't open more than half of what you do in the U.S. at a time. ”

"Okay, let's get started once you've chosen your target city. ”

"Or to increase your influence, Link. Half of the fund's funds are still abundant. And I think you will still donate a lot of money to the fund next year, so I suggest that you do some other types of social welfare in addition to low-rent apartments. ”

"For example?"

"For example, caring for the growth of teenagers. That's a very good proposition!" Link's previous funding and the Las Vegas government's free youth counseling program has raised Link's reputation in Las Vegas. "For example, organizing some sports programs that are conducive to the development of young people and so on. Everybody can see that. ”