Top of the Great Era

Chapter 2168 Use mergers and acquisitions to solve institutional problems

Just like what I said before, when Zhou Buqi saw John Richtillo, he didn't give him a face, but he didn't agree to his request.

It's too late to react now!

Changyou has fully embarked on the layout of football games, and even the entire sports game plan.As the sports industry becomes stronger, it will promote the development of the sports game industry.

After rejecting John Richtillo, Zhou Buqi was going to attend a dinner jointly organized by Jieyu Media and Huayi. This was the last social gathering before the Spring Festival.

Not surprisingly, the day after tomorrow I will leave the capital and return to my hometown in Northeast China.

Unexpectedly, on the way, Zhou Buqi received a call from Zhang Chaoyang.

"Old Zhang?" Zhou Buqi knew that he had already left, "What? You're in Europe? You're moving fast!"

Zhang Chaoyang hummed: "The chairman has already spoken, do I dare to be upset?"

Zhou Buqi laughed, "What kind of talk is that!"

Zhang Chaoyang put on a flat and solemn tone, "Basically figured it out."

"What?"

Zhou Buqi was slightly taken aback.

Zhang Chaoyang said: "I said, basically the investigation is clear, the procurement fraud case."

Zhou Buqi was very surprised, "Are you kidding me?"

Zhang Chaoyang said with a smile: "Who's joking? There is basically a clue. You are right. There is indeed trickery and internal and external collusion. The culprits are two people, one is the vice president of marketing in the European region, and the other is the chief financial officer. I After they passed, they were both scared to death, and I recruited them all without asking any questions."

Zhou Buqi frowned slightly, "It's so easy? Don't be another scam, trying to make a major incident smaller. You still have to organize a third-party investigation team, be serious and deter."

Zhang Chaoyang said: "It should be true. The relevant materials have been handed over to me. I just hope that I can not sue them and let them leave quietly so as not to affect their future career development."

"What did you do early!"

Zhou Buqi would not soften his heart in this situation.

It's not like relatives and friends, so why spoil them?

If Meng Houkun, Guo Pengfei, and Chen Dong around him corrupted the company's money, Zhou Buqi would not only not hold them accountable, but would try to cover it up for them.

Zhou Buqi never thought of himself as a saint, and he could not reach that level. Many things still have to follow the basic human nature.

However, there is no need for foreigners.

Zhang Chaoyang asked, "What's your opinion?"

Zhou Buqi said: "What to do, what to do, everything will follow the legal procedures, and you will not be an accomplice harboring criminals!"

Zhang Chaoyang was angry and funny, "Don't go online."

Zhou Buqi said in a deep voice: "I really can't be soft-hearted about this matter, those foreign devils are so bullying and afraid of hard-working. We are soft-hearted this time, and they think we are easy to bully."

Zhang Chaoyang said: "They all surrendered themselves."

Zhou Buqi remained unmoved, "Surrender yourself and reduce your sentence, that must be judged by the law, and we are not judges."

Zhang Chaoyang doesn't agree with such a strategy, why: "Isn't this good? He took the initiative to admit his mistake and made all the related connections clear. The other side involved is Ericsson, the largest local snake in Europe. Moreover, Changyou’s current overseas business development is not easy. According to them, there are 6 people involved in this procurement fraud case, and there is also a personnel director. Many employees in the European region are related to them.”

Zhou Buqi smiled and said, "Then it should be dealt with more strictly!"

"Ok?"

Zhang Chaoyang didn't understand what kind of medicine this kid was selling in his gourd.

Zhou Buqi said: "It's great that Ericsson got involved, what a scandal this is. If they don't want to let the incident ferment, they will definitely make huge concessions in terms of equipment procurement."

It was related to interests, and Lao Zhang cheered up immediately, and said in a deep thought: "If this is the case, we should really go through legal procedures and get the endorsement of the court and the procuratorate, so that Ericsson can really be afraid. At that time, we must Don’t spread this matter publicly, it depends on the attitude of Changyou and Ericsson to cooperate in the future.”

Zhou Buqi said: "Yes, that's the way of thinking. If Ericsson is rigid and confident in handling this kind of public relations crisis, and feels that Changyou's power in Europe is insufficient and its influence is limited, that's easy."

"Ok?"

"I told you that the first person to tell me about this was Mr. Xu from Huawei."

"You mean..."

Zhang Chaoyang suddenly realized.

Huawei's current upward trend is very strong. Relying on high-quality product quality, highly efficient after-sales service system, and lower prices, Huawei has become a very popular communication product manufacturer in the European market.

This will inevitably erode the market share of European giants Ericsson and Nokia.

In this process, there are constant struggles between the parties.

Huawei responded very calmly and donated a batch of equipment to the EU and governments of various countries.

Free equipment, of course, don't want it for nothing.

The crisis was easily resolved with one move.

Just like Lenovo's strategy, Lenovo's computers are sold all over the world, and its market share is even higher than that of HP and Dell, which is also enviable.

Lenovo played even harder and directly sent the products to relevant agencies under the US military.Even the U.S. military is using Lenovo computers. It can be seen that Lenovo computers have no problems in terms of national defense and security, and all countries can purchase them with confidence.

From the perspective of coping strategies, Huawei is better than Lenovo.

Although the effect of cooperation with the military can be seen immediately, the subsequent impact is uncontrollable, especially since many people do not understand the cruelty and complexity of competition in the international commercial market, and a series of conspiracy theories will arise.

This time, Zhou Buqi heard about Changyou’s internal procurement fraud from Mr. Xu, and behind this is probably Huawei’s intention to fight back against Ericsson.

This scandal is extremely disgraceful.

Once exposed, Ericsson's brand and reputation will be affected, and Huawei's living environment in the European market will be more comfortable.

Zhou Buqi said: "It depends on Ericsson's attitude. If they are willing to share profits and cooperate, that's all. If they think that they are a European technology leader and they can deal with it simply, then Changyou might as well do Huawei a favor, which is also considered a favor."

Zhang Chaoyang supports this idea, but there is another more critical point, "What about Changyou's European business? It was finally established, and people's hearts are not yet stable, so there has been such a big turmoil."

Zhou Buqi laughed and said, "I've been prepared for a long time!"

Zhang Chaoyang asked: "What preparation?"

Zhou Buqi said: "I have already told Mattrick that his main task this year is to acquire the American game company Take-Two."

"I go!"

Zhang Chaoyang was stunned.

Of course he knew about take-two, which was a first-line company in the stand-alone game field, and the most important point was that take-two's headquarters was in New York.

Coincidentally, the international headquarters of Changyou Future is also in New York.

If the two parties merge, the future restructuring cost will be lower and the integration speed will be higher.But take-two is a big company, so such a big thing doesn't go through the board of directors?Are you just going to make Mattrick act arbitrarily?

Zhou Buqi would not be polite to him, and said in a deep voice: "In this procurement fraud case, it is not enough to deal with these people alone, it must be curbed from the system. I have analyzed the reason why they dare to be so blatant. One of the important reasons is that Changyou urgently needs to establish a base in Europe, and they are indispensable executives. As you said, if the matter becomes a big deal, Changyou’s European region Business development will be greatly affected. They have nothing to fear."

Zhang Chaoyang said "Yes", "There is indeed such a factor."

Zhou Buqi said: "Changyou's goal is too high, but the time is too short. Various problems will definitely appear in the rapid business expansion. If we can take-two to mergers and acquisitions, we can solve them to a certain extent This question. Although take-two’s market value is not high, it is only 17 billion US dollars now, but its industrial structure is very complete, with more than a dozen game studios under its umbrella, and a game distribution system all over Europe and the United States.”

Zhang Chaoyang said: "By acquiring a company with a mature organizational structure, we can improve Changyou's business organization."

Zhou Buqi smiled, "Yes, that's what it means. The reason why he dared to be so arrogant in this procurement fraud case is because the people involved were all newly recruited, and they lacked a sense of belonging to Changyou and also There is no loyalty at all. If take-two is acquired, it will be different. The executives of take-two will be in charge of each business. Using the M&A model, their sense of belonging can be transferred from take-two to Changyou. "

In the final analysis, when Zhang Chaoyang was in charge of Changyou a few years ago, the development of overseas business was too slow.

So that the foundation overseas is too thin.

Zhou Buqi led Changyou to show its talents in the overseas market, so it must recruit a large number of employees in a short period of time.However, these newly hired employees are not as good as the old employees in terms of loyalty and sense of belonging, and are far from reaching the standard in terms of the maturity of the company's organization.

There are many, many problems inside.

Not to mention overseas, even if Ziweixing is in China, it should not be too reckless when expanding the number of employees, and should recruit in batches step by step.

If the full quota of people is recruited in a short period of time, some management confusion will inevitably occur.

The meaning of mergers and acquisitions is the acquisition of business on the one hand and the acquisition of people on the other hand.

That's the way to go.

take-two is a large and mature international company with its main business in Europe and America.If Changyou completes the acquisition of Take-Two, it can ease the trouble of recruiting employees to a certain extent, and gain thousands of well-organized old employees at one time.

Further development on the basis of take-two will make the cornerstone more stable.

At least there will be no such low-end business tricks as procurement fraud.

(End of this chapter)