Riding the wind of rebirth

Chapter 1734 Peak Time Competition

In the end, those who major in sports are even darker.

"Let's go, the banquet is ready." Feng Xueshan saw the waiter signaling to her from a distance, so she called out to everyone.

"By the way, why didn't Lu Lu Tong come?" The meeting was so lively that after everyone sat down at the table, Zhou Zhi realized that one person was missing: Zhang Lu was not here.

"Lulutong is a bit busy right now." Liang Hong and Zhang Lu's schools are not far from each other, so she is more familiar with the situation. "It seems that Lulutong is gathering teams to participate in an international business competition with a very strange name, called Heartbreaking Moments. Each team simulates opening a company, and then operates the company based on the business information provided by the organizers of the competition, and finally ranks. "

"Peak Time..." Zhou Zhi said, "Then don't bother him."

"What exactly is this Peak Time?" Yang Honghui asked curiously, "The University of Finance and Economics seems to attach great importance to it, and they follow our Institute of Physical Education's example and conduct closed training."

"Why do you not even let go of any movement at the University of Finance and Economics?" This time it was Liang Hong's turn to feel strange.

"Two brothers were locked up. They couldn't even get cigarettes, so they were choking. Someone found me, and I asked the cleaning lady to bring them in."

"Don't meddle in other people's school affairs!" Liang Hong said, "If you sneak cigarettes in for them, it might be a violation of discipline."

Zhou Zhi was happy. Yang Honghui came from a family of martial arts and was really well-known in the martial arts world. Not only did he have friends all over the Sports Institute, he was also famous in the nearby University of Finance and Economics.

Many college students still have the characteristics of "sons of the ivory tower". They are not very worldly-wise and cannot think of some very simple solutions. In their eyes, people like Yang Honghui are "good at dealing with things".

"Peak Time means 'peak time.'" Zhou Zhi said, "It is one of the international business simulation competitions held between the largest business schools in Europe. It has now become a competition for students from top business schools around the world to communicate and cooperate."

"It is highly professional and valuable worldwide. This competition is mainly dedicated to improving students' comprehensive application of business skills and soft skills, that is, simulating actual business operations."

“Through business simulations, which are both learning and testing, they can practice business operations in an interactive, risk-free and highly realistic environment.”

"The simulation scenario is built based on real data from three major markets and two production areas around the world, taking into account multiple factors such as demand forecasting, production and investment, marketing, logistics, taxation, finance, human resources, inventory, factories, corporate social responsibility, and sales factors. Ultimately, key financial indicators such as shareholder returns are used to measure the operating results of virtual companies and select the winners."

"Wow... college students are really good." Liu Lu is a businessman herself, engaged in clothing trade, but she has never dared to think about the three major markets and two major production areas in the world: "This is learning how to do big business."

"Sister Lu is a practical person. Your experience is far better than Lulutong's." Zhou Zhi said with a smile: "This competition not only requires the contestants to have a thorough understanding of the 'explicit knowledge' of business management, but also requires more 'tacit knowledge'. In other words, practical experience in business management is also the most basic requirement."

"Sister Hong, do you know what stage they are at now?" Zhou Zhi asked.

"I don't know. We don't understand what they did." Liang Hong said. "They should be selecting teams to go abroad, right?" Yang Honghui said, "I heard from Lulu that they were playing in the national competition before. Since they are still training after the game, it means they must be preparing for the next level."

The Jianfeng Moment competition is divided into four stages: preliminary round, semi-final, national final and global final. If the team continues to train after the national final, it means that the Lulutong team has achieved good results in the national competition, and the school has really taken it seriously, so they have closed the door for special training, and probably assigned a lot of mentors. I hope they can go further.

In a few years, this competition will be monopolized by MBAs from major universities. After all, they are the most suitable. The fact that Zhang Lu is able to participate in it and achieve excellent results in his sophomore year is probably related to his experience of working for Li Laosan during the summer vacation.

After all, college students with international business vision and even experience are absolutely rare in China, which has just opened up.

“Even for undergraduates, it’s not easy to make it to the global finals.” Zhou Zhi raised his cup: “Come on, let’s start by congratulating Lu Lutong and wish him good results!”

"Elbow knows a lot." Yan Xiao drank a cup, and then said, "You can even get such an unpopular thing!"

Then she stepped on Guan Tingting next to her to remind him to be careful with his words.

It is obvious that this competition involves international business, which is most consistent with Jiang Shuyi's major. The most likely reason why Zhou Zhi knows all this so clearly is because of Jiang Shuyi.

Guan Tingting was not wrong. Jiang Shuyi studied international trade and also worked for Li Laosan during the holidays. Li Laosan's current way of managing business is almost in line with the way of participating in the Peak Time competition. He adheres to small group and highly systematic integrated management. The number of people in the team he manages will not exceed ten, but through these ten people and the ten people under them, he controls tens of billions of assets.

Its business scope is also inseparable from the multiple factors of the competition, but it is more focused on the financial area and the information technology IP area, and also includes demand forecasting, production and investment, marketing, finance, human resources, taxation, factories, corporate social responsibility, sales elements and other factors.

In fact, the difference from traditional business is that inventory has been turned into various financial products, as well as the technical intellectual property of mergers and acquisitions, and small incubator companies supported by angel or venture capital, while logistics has been turned into network traffic.

There is no doubt that this is a brand new track, a pearl in e-commerce. Even with only half a month of contact, it has opened up the horizons for Zhang Lu and Jiang Shuyi.

Li Laosan proudly told everyone that this approach was actually inspired by his experience in the Peak Time competition. Peak Time is a virtual competition, and all information changes in a virtual system. Student teams from all over the world have to strive in this system to gain greater benefits for their teams.

The difference between the actual business world and this system is of course enormous, but in the global financial market, the difference is not that great. At least the online business system is already quite mature, and the electronic transactions based on this system are also quite mature.

Li Laosan keenly discovered the overlap between the two, made a bold attempt, and then achieved great success.

Now, Clover Group can provide him with powerful analysis and support capabilities. The combination of capital and technology makes Li Laosan even more powerful. (End of this chapter)

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