Chapter 631 - Paying for Mistakes
At the board meeting a few days later, the treasurer reported on the financial situation of the pension business, and when Guan Yuntian talked about his idea of speeding up the layout of pension projects in other prefecture-level cities, two or three members of the board of directors thought that the pace should not be too fast, and it was better to solve the problem of the loss of the pension project in Fuyuan County first.
Even if others don't bring it up, Guan Yuntian will pay attention to this issue, after all, for more than 20 years, none of the projects he has handled have suffered losses, but if he opposes the continued expansion of the pension business on this ground, Guan Yuntian cannot agree. "Mr. Guan, if this project in Fuyuan County can have measures to turn losses into profits, or any other way, we are willing to support your idea. A representative of an institutional investor with a large shareholding ratio said.
Guan Yuntian thought for a while, "The project in Fuyuan County is relatively small, even now, its proportion in the pension business sector of Changda Holding Company is less than 10%, with the development of the pension business, its proportion in the sector in the future can only be lower and lower, so this small project will not be a drag on the pension business sector." However, in order to fulfill the promise that the pension business will not lose money, I decided to take the following measures: first, to further optimize management, reduce costs, and increase efficiency; second, to hang all losses on the accounts of Changda Group, not to enter the financial accounting system of listed companies, so that at least there will be no loss-making business on the books of listed companies. ”
"This ...... Since everyone is a shareholder, the loss should be shared proportionally, how can the Changda Group be allowed to bear it alone? Mr. Guan, isn't this okay?"
"There is nothing bad about it, I knew that the scale of the project in Fuyuan County was below the break-even point, and according to the previous judgment standards, I should not invest in this project, but the local parents came to the door, and this is my hometown, for the sake of face, I made a decision against my will at that time, and this responsibility should be completely borne by me, and it has nothing to do with other shareholders." ”
At Guan Yuntian's repeated insistence, the board of directors agreed to post the loss amount of the Fuyuan County pension project in the name of the major shareholder Changda Group, so that the project as a whole seemed to be in a state of capital protection, and at the same time decided to support the acceleration of the layout of the pension project in other prefecture-level cities.
Changda Group is a joint-stock enterprise with standardized management, such a matter of Yuntian of course to inform the executives of the group company, according to his assumption, the loss of the listed company's pension project in Fuyuan County, temporarily hung in the name of Changda Group, but this part of the loss will eventually be paid by himself, although 1.8 million yuan is like a drop in the bucket for Changda Group, but Guan Yuntian will not share the losses caused by his own decision-making mistakes, let other colleagues share.
"What a big deal is this, you're too serious, aren't you?" said Ye Jiayi, the general manager.
"It's not a big deal, but the principle is to be adhered to. Should not have invested in such a project in the county, at the beginning of a former deputy county magistrate under the mediation, when it came to hometown feelings, I softened, I agreed to the request of the two parents, I thought that as long as the management was strengthened, it could be managed to protect the capital, who knew that the break-even analysis of the project made by financial experts is really reasonable, the county has done a good job in the management, the operation has been in a state of loss for almost two years, and the responsibility is completely on me, and the consequences should be borne by me. ”
Guan Yun Tiandao.
"The loss of 1.8 million yuan is a trivial matter, I think we should still find a way to turn losses into profits, you should contribute to your hometown, but you can't let the losses continue, you can't pay for the losses of this project every year!"
"Yes, turning around losses is the key, but the loss problem in the past two years should also be solved, otherwise, the listed company will not be able to settle the accounts. That's it, the money will be deducted from my share dividends when the time comes. ”
I don't know how this matter reached the ears of Deputy County Magistrate Liu, after all, because of his best efforts, Guan Yuntian agreed to invest in this project in the county because of his face, so Lao Liu felt very uneasy, and he immediately reported to Deputy County Magistrate Jiang, who was in charge of this kind of affairs, to see if the county could still find a way to help the pension project turn around, in addition, he also wanted to apologize to Guan Yuntian.
When Lao Liu explained the situation on the phone, Guan Yuntian was surprised, "County Magistrate Liu, this is an internal affair of the enterprise, how do you know?"
"Why, do you want to keep this kind of thing a secret? Don't care where I found out, the pension project in Fuyuan County is losing money, I feel sorry for you, if I hadn't tried to persuade you to invest in such a project in the county, this situation would not have happened. ”
"Old leader, your efforts are only one aspect, the investment decision is made by us independently, and it has nothing to do with you, so don't blame yourself. "Guan Yuntian said.
If it weren't for my nosy, you wouldn't have considered doing a pension project in the county. Alas, now that I am no longer in office, I have no power in my hands, and I have brought trouble to you, but I can't solve problems for the enterprise, so I can only ask Deputy County Magistrate Jiang in charge to see if he can think of a way to help you. ”
"County Mayor Liu, such a project is not the same as the agricultural poverty alleviation and development of the year, the efficiency of the enterprise is mainly related to management, the loss shows that the management is not fine enough, further strengthen the management, the future can reverse the loss situation. In the past, you won a lot of preferential policies for us to develop agricultural projects in the northern mountainous areas, but now you don't have to worry about it, Deputy County Magistrate Jiang, you don't need to beg him for our business. ”
"But the millions of losses are entirely up to you, and I don't think you have that obligation. If you use this money for charity, you will have a reputation. ”
"Hey, let's do charity for my hometown, what a reputation is not a reputation! I don't want anyone to thank at all, and you don't know, I've never been interested in those things. ”
Guan Yuntian thanked the old leaders for their kindness, but he couldn't count on the charity of the local government, and he had to make a fuss about management to reverse the loss of the county's pension project.
Through the field research of the county's pension project, and the careful investigation of several key links, Guan Yuntian found some problems, compared with the provincial city and several other prefecture-level cities' pension projects, first, he felt that the county's project is not only not large enough, and the staff fee is low, but the services enjoyed are no different from other places; second, the county's project automation is low, and a large number of services are manual operations, resulting in a high proportion of personnel wages in the cost; third, the local government has previously promised
Some of the preferential policies have not been fully implemented, for example, in the area of financial subsidies, the actual amount in place is only 70% of the promised.
"Among these three problems, only the second problem can be solved by relying solely on the enterprise itself, the first problem involves the increase in fees, or to reduce the service standards, no matter what to do, can not act rashly, otherwise it may cause the loss of maintenance staff; When discussing countermeasures, the county project manager said.
"Yes, what the enterprise can't directly control, we can't count on, so let's take the second problem as the focus of solving. "Guan Yuntian said.
"But Mr. Guan, even if the problem of modern management is solved, it is only to reduce the labor cost, if you want to turn around all the losses, I am afraid that this measure alone may not be able to achieve the goal. ”
"Put other issues aside, just do what the company can do, you have been a middle-level manager in a project in a provincial city, you know how to do modern management, you first prepare a budget report, I get the board of directors for approval. ”
Just before the county town project was about to reduce staff and carry out modern management transformation, Guan Yuntian received a call from Lao Jiang, the deputy county magistrate in charge of the county, "Mr. Guan, Deputy County Magistrate Liu told me about your pension project in the county, I don't know what the local government can do for you?"
Guan Yuntian informed Lao Jiang of the three problems existing in the project, "The problems we can solve will not cause trouble to the local government." ”
"After listening to the situation reported by Deputy County Magistrate Liu, I asked the relevant functional departments that on the issue of financial subsidies, they also admitted that they could not fully implement the original commitments, and it is said that the reason they gave was that an enterprise as big as Changda Group still cared about that subsidy? However, I corrected their approach, and this year's subsidy should be in full place. As for whether to increase the price or reduce the service standard, that is an internal matter of the enterprise, the price has long been liberalized, the local government will not interfere, you only need to make decisions according to your own judgment. ”
Thank you, County Magistrate, for thinking so much about us. This is Guan Yuntian's heartfelt gratitude.
"Thank you, Deputy County Magistrate Liu said, all your projects are invested in cities above the prefecture and city level, for the sake of the face of the villagers, only to invest in pension projects in the county, for the people's livelihood work in Fuyuan County, you have made a great contribution, the local government should give the policy, it should indeed be in place, otherwise I am sorry for you. In addition, I also have an idea, but I need to report to the top leader, and I also need to discuss with the civil affairs department, doesn't the county give each elderly person a certain cash subsidy every month? For those elderly people in nursing institutions, can this money be directly allocated to you? This is equivalent to a disguised price increase, and the elderly care institutions should not lower their service standards. ”
I didn't expect Lao Jiang to have this kind of idea, of course Guan Yuntian couldn't ask for it, "County Magistrate Jiang, if your idea can be supported by relevant parties, the pension institution will never lower any service standards." ”
With the two commitments of Deputy County Magistrate Jiang, Guan Yuntian feels that once implemented, the county's pension project can turn losses into profits.
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