Chapter 423: An Unexpected Ending (I)

The tenure system was not Li Jiaming's first creation, and the employer had to sign a labor contract with its employees; the elimination system was not his first creation, but originated from the West Point Military Academy.

It's just that it was not the CEO who formulated and announced the plan, but Li Jiaming, the soul of Hanhua, which really scared these executives.

In the plan read out by Zhao Le, the new executive director, those who have neither practical experience nor understanding of Chinese culture, but are in higher positions, are called 'sandwich biscuits'.

Who is it referring to?

Those MBAs who graduate from business schools are required to work at the grassroots level and get promotions through work performance rather than prestigious qualifications.

It doesn't matter if this is true, anyway, it is not the interests of the executives that are touched, the key is that Li Jiaming wants to be serious about the middle and senior management. At the end of his term, all managers, including himself, are subject to review by the board of directors or the CEO's office and re-discuss their remuneration through their own debriefing report and the next stage of their application.

After Zhao Le finished explaining the plan, Li Jiaming, Yue Li, didn't look at Kyle on the left, paused the table with a pen, and said sternly: "Our company must eradicate those who sleep on the merit book, if you are not responsible, then replace it with a responsible person." For those who have been in their posts for a long time and are not responsible, we must be dismissed immediately.

If we don't get rid of it, what hope does our company have? If we don't recognize this problem, there will be no hope for our company.

Without a good management team, even if we are as strong as our Hanhua, we will definitely and definitely die!"

The introduction of a system around the CEO office already made these valuable senior managers feel furious, and Li Jiaming's murderous words sent chills down their spines. The people who could sit in the conference room were all veteran employees, and many people remembered the scene when Li Jiaming forced the two managers to resign in just a few words. Seven or eight years have passed, and the people who were forced to resign do not know what to do, and they have been replaced by multimillionaires, sitting in this conference room.

"Ladies and gentlemen, this is a cruel world, Nokia's failure is less than a few years, who can guarantee that our future is not Nokia? If you want to survive, you can only survive by letting those who hinder the company's development get out!

I admit that all the gentlemen and ladies here have made great contributions to the company's success today, but the company has also given you a generous reward. Which management can sit here is not millions, tens of millions, or even billionaires?

Since the company has given you a good return, then we have to clear the zero, and if you want to live on the glory of the past, then leave with your stock and give up your position to those colleagues who want to struggle. I believe that with your wealth, you will be able to live a happy and prosperous life.

Do you want to leave?"

The big man has an aura, when Li Jiaming released his momentum, he looked at these old subordinates who were somewhat inflated and slack, even a capable general like Shirley did not dare to look at him, let alone refute one or two during the usual meeting.

"Very well, since everyone doesn't want to leave yet, then cheer me up and don't think about how much your stocks can go up. As long as the company is more successful and greater, can it worry about those things?"

suppressed these arrogant soldiers, Li Jiaming signaled the new executive director Nakamura to read out the elimination plan. The vice president of the Hanhua Research Institute entered the board of directors, which once again confirmed Li Jiaming's principle that technology is king, looking around the board members present, except for a few representatives of the management who have no real power, the directors with technical backgrounds have accounted for 2/3.

Nakamura, who was dressed in a suit and leather shoes and looked very elegant, got up from the end of the round table, walked quickly to the projector, and explained to everyone the elimination plan modified by Wharton's doctor of law and lawyer.

Ruthless enough!

In the plan, the elimination of the last position is integrated into the daily performance appraisal work system to realize the daily elimination of the last position. Managers who have been demoted are not allowed to be promoted within one year, let alone promoted across departments. For the department/team whose performance cannot meet the company's requirements for two consecutive years, not only the supervisor should be demoted, but all subordinate management and employees should also be jointly and severally responsible.

In the plan, not only the last elimination of all unqualified management personnel, but also the elimination rate of unqualified management personnel at each level should reach 10% every year, and the elimination rate of management personnel should be increased to 25% for departments or teams that have not completed the annual task.

Such a draconian plan made the executives sweat on their foreheads, and they unconsciously looked at Kyle, who was sitting to the left of Li Jiaming, but the recognized actual number two person of Hanhua remained silent without saying a word. Only Nakamura, the newly appointed executive director, was relaxed and impatient in explaining the new system drafted by Mr. Lee and revised by Wharton.

"Ladies and gentlemen, please note that the company's last-place elimination system is primarily aimed at administrative personnel, not ordinary employees. In the future, the company will strengthen the elimination of the last position of the management group at different levels, and focus on the elimination of the last managers at all levels who are ranked in the bottom 10% of the year. Within one year, those who are not suitable for management positions can be adjusted to work in suitable business positions. After one year, all persons unfit for managerial positions are summarily dismissed.

Please rest assured that the specific system and quantitative method that the company will introduce to clean up and eliminate the last unqualified management personnel will be based on performance and use data to speak, and will not be mixed with subjective factors. Our purpose is to gradually integrate the clean-up of unqualified management and the elimination of the last position into the daily performance management system, so as to form an integrated work model. ”

"We at GCA are assessed based on effective growth, profit, cash flow, and improvement of per capita efficiency, and if we cannot reach the average per capita benefit of the company, the team leader, department, and regional management at all levels will be held accountable by the board of directors and the CEO's office. In departments above the average line, positive profits, positive cash flows, and the achievement of strategic goals should be ranked, and senior management cadres will still be eliminated. ”

The last elimination, the word repeatedly mentioned by Nakamura, and the piercing 10%, made these executives feel furious. This last-place elimination system, which originated from the West Point Military Academy, is used to squeeze the team, activate the organization, encourage the advanced, and spur the backward. Of course, it is beneficial for the company, but for them as executives, it means that 10% of the old faces disappear every year, and 10% of new faces will appear.

After Nakamura's new executive director finished explaining, Li Jiaming, who intended to cut Kyle's face, motioned for him to make a statement. Hanhua implements the CEO responsibility system, and if he, the CEO, does not formulate a suitable system in time to ensure the vitality of the company, and when he, the chairman of the board of directors, oversteps his responsibilities, then he will complain about sweeping away his prestige.

However, Kyle, who thought he would pinch his nose and admit it, smiled bitterly, got up and said, "Sorry, I would like to apologize to you first, and it is my dereliction of duty to have the board of directors replace the CEO's office in formulating the system." Therefore, I will step down as CEO after finding a successor on the Board of Directors. ”

What the?

Everyone looked at this actual No. 2 person in shock, and even Li Jiaming's eyes flashed a trace of unnoticed shock, but then he was replaced by a calm expression, and he also got up and stretched out his hand to this lonely old man, and said gratefully: "Kyle, the company thanks you for your fruitful work over the years. Please believe me, the future of Hanhua will be even greater!"

"Thank you".

His own era has come to an end, and Kyle, who is already half-bald with blond hair, can't help but be overshadowed when he looks at the big hand that has reached out.