Chapter Thirty-Nine: Still Doing This? (4)
There are some things that Contini would never say to Toth, and it would frighten the other party if he looked too far away: for example, the rapid development of electricity was certainly for the sake of industry, but Contini knew better than anyone that it would be impossible to build an atomic bomb in the future without sufficient electricity.
In real history, by 1939, Italy's annual power generation was only 23 billion kWh, which is more than four times that of the current one. Japan generated 37 billion kilowatt-hours of electricity in the same year (including North Korea), more than half of Italy, and Germany is more than 60 billion kilowatt-hours.
Another example is aluminum ingots, which are now used to make aluminum products, but in the future these industrial accumulations will definitely be transformed into airplanes, and the truck and bus industry, assuming that with the current civilian needs of Italy, of course, it does not need to be on a large scale, but in the future to fight a war in North Africa, trucks will even determine the success or failure of the war, and this scale must be large - far larger than the scale of all current business logic and economic development.
In other words, the industries that Contini prepared were entirely prepared for war, especially world war, and must have been a loss from an economic point of view, but can he say that he was prepared for war? But can he say that there will be a terrible war in the next 15-20 years? This loneliness can only be buried deep in the heart, and it cannot be told to others.
But Toth is also the authority of the industrial system organization and employee management, and is also responsible for the project coordination of the next joint group, how can you expect the other party to work hard without telling others the real situation? So Contini racked his brains and could only set the level of Italian industrial development at a compound annual growth rate of 12-14% – a bit high but not particularly abrupt, because this rate has not been achieved by no one, but it is not so long, stable and widespread. But even this compound growth rate is obviously a patter of his own brain, not to mention anything else, just in the four years of the global crisis from 1929 to 1933, if it does not decline, it is the world's leading, and it still grows by 12-14%? It's incredible! Once the four years are deducted, the speed will soar to more than 16% in an instant, which is estimated to make economic experts drop their glasses - the current business organization and format of the United Group have made many people cry out that they can't understand it.
However, the conversation worked very well, especially after Toth learned that Contini was going to build a pipeline from Tripoli to the Algerian oil fields, he also laughed - this president is not like the outside world rumors do not use money as money, he is actually very cautious and very economical, the reason why he shows that he is rich and not bad for money, is obviously to maintain the image of the capital market - otherwise how dare the banking community continue to support the United Group in a big way? Without Contini's years of spending, how could the Italian people be willing to move all their savings to Union Bank? The interest rate of 3.75% is only half a percentage point higher, and credibility is the most important thing in the final analysis
Old Agnelli had no one to give him a heart, he could only rely on the information he had collected with great difficulty and the experience formed in the business field to make a judgment, no matter how he analyzed, he could not come up with a reliable conclusion, after reading for more than an hour, he threw away the information and reports at hand: "Since you can't see through the operation of the United Group, then don't ......read it at all."
"What do you mean?"
"The United Group has not yet formed direct competition with us, and has even helped us to reduce some of our burdens, such as his new power plant is conducive to alleviating the problem of power shortage, which does not require us to work hard to build a power plant in the production area, and for example, he wants to build a fast railway from Venice to Turin, we are also beneficiaries, in this case, wouldn't it be nice to quietly watch him push forward?" Old Agnelli said, "Didn't you say that he is expected to lose 2 billion this year?" I see what else he can get to pay for it. ”
"He can continue to sell Algeria's oil field shares, he still has at least 45% or more, and selling 10-15% will not affect his control." Agnelli Jr. said, "This has another $70 million, which can barely support him to burn for another year, and then he has not yet taken out the Libyan oil field to finance, even if the scale of this oil field cannot catch up with Algeria, I believe that there is still a chance to change to 1-150 million US dollars, so that it can last another year." ”
"It's hard." "I was told that negotiations between him and the French government had collapsed, so he sold a lot of his shares to other European royal families in an attempt to put pressure on the French government through them, but it is said that the Briand government was unmoved, which cast a shadow over his oil field shares - either they could not be sold or they had to be sold at a discount." And once he discounts, will other consortia let him go? ”
"He won't discount, he won't give in, I know this kid's temper, it's tough!" Agnelli Jr. smiled, "Last year, United Milan, where he was the president of the club, ranked 9th, and was assigned a C category in the group's internal performance appraisal, and it is said that he himself publicly reviewed it, and then issued an order that it must be in the top three this year - is it ridiculous that a football club with the most investment should aim for the top three?" ”
"How are they ranked now?"
"Fifth, four points away from third."
Agnelli Sr. laughed: "I'd love to see him do another review next year." ”
"Father, I understand."
"However, we can also learn this method...... I don't know if you have noticed, although little Ziano is tossed, but the business school is very interested in him, 4 or 5 professors around him, touting him as a master of management, creating a new thinking and new height of enterprise management. ”
"Father, haven't you always paid attention to the business school?" Little Agnelli sneered, "It's nothing more than a group of flattering patters, little Ziano went to the Soviet Union to give a lecture and got an honorary doctorate from Moscow University, as if he thought he was a university scholar, but in fact he hadn't graduated from college yet; He donated money to several universities, and some people touted his articles as deafening and profound, creating a new school of social history; mentioned a little unconventional management system, and some people touted him as a master of management; Blowing a little bit about military and aviation, and being said to be a young authority in the field of strategic theory of the Air Force - I don't know what Du Hei likes about him...... Tell me to say, who wouldn't manage money at a loss? Making money is the last word! Even if he doesn't make money, if he can solve the problem of Algeria, I admire his ability. What's the point of just being in the nest? Mussolini will take care of him, and if he has the ability to punch and kick the French on the territory - then I will obey him! ”