Chapter 382: Succession System
The establishment of the Cool Wind Group also marks that in a sense, the Cool Wind has broken away from the system of the Wind Group and has become its own faction.
Fengxing's core business is the Internet.
The main shareholders are Lin Feng, Wang Hao and Li Dong, and other shareholders also include MIH Group and Blackstone and other investment institutions.
The core business of Cool Wind now is smart hardware and consumer electronics represented by mobile phones.
The main shareholders are Fengxing Group, Lin Feng, Google, Qualcomm, etc.
Although Fengxing is the major shareholder of Coolwind, the actual controller of Coolwind is still Lin Feng.
On the one hand, because Lin Feng was originally the actual controller of Fengxing Group, on the other hand, through his own private company and a limited partnership with Wang Hao, Li Dong and others, Lin Feng also held more than 30% of the shares of Coolwind.
Therefore, to be precise, the Cool Wind Group should be the "Lin Feng Department", not the "Feng Xing Department".
Although in this era of closer and closer integration of software and hardware, Internet companies are also doing hardware, and hardware companies are also entering the Internet, business expansion and integration are the general trend.
However, Lin Feng still believes that the positioning is clearer and more definite, which is also conducive to specialized and refined targeted research and development and talent reserves.
He always insisted on letting professional people do professional things.
Although crossover is a trend, it does not mean that there is no need for specialization.
Fengxing and Cool Wind can work closely together at the business level, but at the same time, they also need to be more focused in their respective fields.
From the very beginning, a whole set of teams of Cool Wind, Lin Feng almost did not draw people from the Fengxing Group, but invited many cattle in the field of communication, and the newly formed team can see his ideas.
Facts have also proved that this luxury team is still quite effective, although Cool Wind is a new company, but the personnel are senior figures in the industry, whether it is in the industry network, technology, experience and other aspects are very strong, coupled with the pioneering products that lead the times, and step on the general trend of the development of smart phones.
In just three years, it has become a blockbuster and a new mobile phone giant company.
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Wang Hao's retirement idea this time also gave Lin Feng a reminder.
The selection and training of successors should begin early.
After all, the company's management must change from the founder to the professional manager, or like Alibaba, adopt the "partner system", and constantly promote and select new partners to join, which is also a way to take over.
Lin Feng is still young, and Dan Dan is also young, so he can't talk about the issue of the second-generation heir.
However, from the perspective of corporate governance, these things must also be considered......
Lin Feng's own thoughts, in a few years, in 2017, before his rebirth, when he was 38 years old (actual age 54), it was almost time to retire.
The reborn "prophet" benefits will not be much by then, but at that time, his industry is estimated to have reached a very large scale, and the ability to grow itself is very strong, and there are countless excellent talents working for him, which can create a new future!
Wang Hao's retirement is also a big event for the Fengxing Group, and after Lin Feng is ready to return to the capital, he will call Li Dong again, and the three of them will have a good chat.
Fengxing Building, top floor, chairman's office.
Although he has followed Lin Feng to start a business for many years, Li Dong still maintains his previous habits in investment banking, always wearing a delicate and structured three-piece suit, neatly combed hair, silver-rimmed glasses, romantic and elegant, he is 38 years old this year, but he looks like he is just in his early 30s, he usually likes red wine, running, and is very well maintained.
He looked so surprised at the moment that he forgot to twist the cigar butt in his hand when it was long.
"Lao Wang wants to retire?...... You're only 35! You don't have to be so early!" Hearing the news, Li Dong was even more surprised than Lin Feng.
Lin Feng has never been involved in specific affairs, over the years, Li Dong and Wang Hao have cooperated the most, Wang Hao is low-key and kind, and the two are in charge of different businesses, and the relationship has always been very good.
In Li Dong's view, a man's career has just started after the age of 40, like many business giants at home and abroad who are still fighting for their careers at the age of 70 or 80!
Japan's Kazuo Inamori returned to the mountains last year as chairman of Japan Airlines, when he was 77 years old;
Li Ka-shing is now 82 years old and still goes to the office every day.
Warren Buffett of the United States is also 80 years old and is still active in the stock market......
The idea of retiring at the age of 35 is incredible!
Although he has been working on the Internet for so many years, Li Dong's thinking is more traditional business thinking.
If he had been at Goldman Sachs before, he would have just started his career when he was 40 years old and became a partner......
Wang Hao shook his head and smiled bitterly, sometimes he also envied the quality of a professional manager like Li Dong, he was simply a workaholic, the busier he was, the happier he was.
If you are really idle, you will feel that life is meaningless and empty and boring.
For people like Li Dong, career is his aphrodisiac, and work is the way to reflect the value of his life.
Crazy work, and then crazy enjoyment of life, is the way of life of the gold collar workers in the workplace represented by Li Dong.
Even though Li Dong has already become a billionaire after following Lin Feng to start a business, he still seems to enjoy the joy of working as a professional manager.
People are really different......
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"Joe, I understand Wang's thoughts, he has been a little tired over the years, and it's okay to take a proper rest, and then focus on cultivating successors and inheriting the corporate culture, I think it's very good. If he can better balance his career and family, I will be happy for him. ”
"Taking this opportunity, I also want to talk to you about the future successor of Fengxing......" Lin Feng leaned back on the sofa and said with a smile.
Li Dong got up and walked to the wine cabinet on the side, took out a bottle of red wine, and sighed: "I think, should I have a drink at this time, let's talk while drinking." ”
Lin Feng shook his head and smiled: "Come on, I think you are the one who covets my 61-year-old Hant-Brion." ”
Li Dong smiled: "Whoever asked you to collect such a good wine without drinking, it is clear that you are greedy for me." ”
The three of them drink tea together a lot, but not much when they drink together, mainly because Wang Hao and Lin Feng are not good at red wine.
But today, with Wang Hao's preparation for retirement, everyone has some emotions.
After raising his glass and touching it, Lin Feng continued the topic just now: "Lao Wang, Joe, we have started a business together over the years, and we have achieved something, Lao Wang said today that he wants to retire, in fact, to be honest, in a few years, when the wind and the cool wind develop to about the same, I will also prepare for retirement...... Joe, don't worry, listen to me. ”
Seeing that Li Dong's eyes widened again in surprise when he heard this, Lin Feng waved his hand and smiled.
"In the past two years, in fact, I have not been very involved in the specific management of the company, and our initial division of labor is that I am in charge of strategy, Lao Wang is in charge of technology, and Joe is in charge of internal management and capital operation. However, in the past two years, I have robbed Joe of a lot of jobs, and I have taken care of the investment business......"
"When I started my business, I just wanted to realize my dream, but I never thought that I could get to this point. We are stepping on the tide of the times, luck, coupled with some hard work, the company has developed step by step to such a scale and situation today. However, how can we make the company a century-old store and have an everlasting foundation?
Lin Feng's words made Li Dong also fall into deep thought.
Wang Hao nodded beside him, obviously what Lin Feng said was exactly what he had thought about.
"If a company wants to build a long-lasting business, the core point is that the company's business direction is correct, such as the Internet that we have chosen popularly, and now it looks at it, as the basis of the third information revolution, the Internet industry undoubtedly has unlimited prospects. Of course, the right direction also requires continuous innovation in technology and business to stay ahead. ”
"At the same time, the internal organizational structure of the company must also be dynamic: on the one hand, we need to establish the company's values and corporate culture, so that the values and culture of our employees are passed on. As Ali recently advocated, the ideal organization should be "a group of people with affection and righteousness, working together to do something valuable and meaningful". I think Jack Ma's proposal is very good. ”
"On the other hand, we must also promote more outstanding talents, even better talents than us, to higher and more suitable positions. Only when more outstanding talents take up management positions, so that their wisdom and ability can be fully exerted, can the company continue to develop. ”
Therefore, one of the most important measures to maintain the company's long-term foundation is the succession system. And I think that founders need to find and train successors in the prime of life, and that's like having a baby, you need to be born when you're at your best, not when you're old. When you are old and frail, you have a very different mindset when you train a successor. ”
These words made a lot of sense, and Li Dong and Wang Hao both nodded in agreement.
Lin Feng smiled and continued: "Of course, it is definitely not enough to rely on one or a few successors, and a set of systems and cultural guarantees need to be established. Because no one is perfect, and it is impossible to have a set of systems that can solve all problems, it is possible to make the company's existence more durable with the cooperation of people, systems and cultural mechanisms. To be honest, I think Alibaba's partnership system is very good...... , but unfortunately, it is not suitable for us to be popular. ”
Li Dong nodded and continued: "In the past two years, the company has many outstanding talents who have come to the fore, and I also want to establish a better talent promotion system, but it has not been systematized, boss, do you have any good ideas?"
Lin Feng shook his head and smiled: "I haven't thought about it either, in fact, whether it's Joe, you, me, or Lao Wang, they are all still young, I originally wanted to wait for two years to think about this matter, but I didn't expect Lao Wang to suddenly want to retreat, and this matter was advanced." ”
"At present, many companies in China have their own methods, Lenovo is setting things up for people and spinning off their businesses, Huawei is collectively leading through the rotating CEO system, and Alibaba is using the partnership system, and the results are also different. I would also like to discuss with you to develop a successor development method that is in line with our popular company culture and current situation. ”
He looked at Li Dong: "Joe, I'll tell you the truth, I've always thought that you are the most suitable candidate for the CEO of Fengxing, and I will let you take over as the CEO of Fengxing at the appropriate time." ”
Li Dong shook his head and smiled: "I guess that's what you think, oh, let me take over, and then throw the problem to me to solve......"
From taking over as CEO of Menglong to taking over as the president of Fengxing Group, Li Dong knows Lin Feng very well after so many years of cooperation, he is very strategic and far-sighted, but he is too lazy to worry about the complicated affairs of the company's management.
In fact, Li Dong has always demanded himself with the responsibilities of the company's CEO.
Lin Feng said with a smile: "I'm not without consideration, now Fengxing Group has begun to set up various business groups, the so-called horse is not as good as horse racing, let everyone run and see first, whose values are more in line with the company, stronger ability, greater growth potential, can always be seen." ”
After a pause, Lin Feng continued: "Joe, inside the group headquarters, do you think ...... How about Daniel?" he said Daniel Zhang.
Li Dong nodded without hesitation: "He is very good! To be honest, if I retire and let me choose the CEO, the first thing that comes to mind is him." Financial background, calm, composed, very sensitive to user experience, and often pounce on the front line of the market, and then concentrate on the products that users need. During his tenure as COO, many of his recommendations in the direction of the business proved to be very correct. I'm very optimistic about him!"
In their usual work, Li Dong, who was born in Goldman Sachs, and Daniel Zhang, who was born in PricewaterhouseCoopers, have a lot of common language.
Lin Feng nodded and smiled, happy in his heart, at least the two generations of CEO candidates who succeeded him later, he had already reserved.
It's also interesting to say, although Lin Feng is just in his early 30s, for Li Dong, who is 8 years older than him, and Daniel Zhang, who is 7 years older than him, he is actually a successor......
Next, while drinking, the three of them commented on the vice presidents of the company, the heads of business groups, and the presidents of subsidiaries one by one.
The three of them had rarely communicated with each other on personnel issues without reservation before, and in terms of personnel, especially the selection of senior executives, Lin Feng had always been more arbitrary.
After all, many of them, in their previous lives, had already proven their abilities through success.
But listening to Wang Hao and Li Dong's comments this time, it brought inspiration and a new understanding to Lin Feng from a new perspective.
An idea gradually formed in my heart.