Return to the exciting era of 1999

Chapter 1028: The big tail cannot be lost, the limits of traditional enterprises
"This time our middle and senior management should also think carefully about where our business ideas need to be changed. In the past, when things were good, we didn't need to change at all, but now when things are bad, we know it's not too late to change, so we go back and summarize. "

Facing his own general manager and a bunch of managers from the branch, Hu Jinyu spoke earnestly and thoughtfully.

Everyone took a notebook and wrote down what the boss said. After about half an hour, people started to leave one after another, except for the general manager.

"Mr. Hu, it seems that our group's finances need to be changed. Since we cooperated with Yiyuan Manufacturing, I have studied the other party's investment ideas. It is worth learning from us. Ji Donglai has hired Ji Donglai from a very early stage. Got bookkeeping and accounting.”

"Back when the other company was just a workshop, it paid a high price to support this father. It turns out that having such a person is too important to a group. Now Zhao Shuying has established a separate financial company, and the accounts of Yiyuan Manufacturing and many companies are here The financial company controls it."

"This person is very powerful. Yiyuan Manufacturing has so many companies under it, and each branch has a dedicated person responsible for the accounts of the other branch. There is almost no idle funds in the accounts of Yiyuan Manufacturing Company. Once there are idle funds, the other party will I can do short-term financial management or short-term investment.”

"You may not know that at the beginning of April this year, Zhao Shuying invested almost all of One Yuan Manufacturing's positions in garlic. With this investment alone, the other party helped One Yuan Manufacturing make a net profit of almost four to five billion. "

"Compared to accountants like Zhao Shuying, our group's finances are much weaker. They can only do simple bookkeeping and accounting, but they have not proposed a reasonable financial allocation plan."

"Ji Donglai's overseas accountant was hired by the other party with a high salary from the parent company Sver. In the past two years, the vast majority of the one yuan earned from manufacturing abroad has been invested in local products, and now the value has increased at least three times. .”

"And within Yiyuan Manufacturing, every expenditure is accounted for and managed by a dedicated financial department. Even how much toilet paper, how much soap, and how many tons of water each department needs every month are managed by someone."

"Since the beginning of the establishment of the company, the other party has adopted ERP. Our company has adopted ERP at the same time as the other party, but there are very few people who can manage and use this software. When our enterprise is doing well, we only know how to distribute money to employees and dividends to shareholders. , but never thought of any effective investment, which resulted in the current situation. Mr. Hu, I think it’s time for us to change..."

The general manager held a notebook and typed at Hu Jinyu.

In the past, Hu Jinyu wouldn't have been able to hear a word of it, because the benefits of coal were so great.

What does it mean to win by quantity?This is!
Someone once calculated the output value of coal. In the 30s, it cost ten yuan per ton to come up from the mine, and then it cost [-] yuan to pull the coal out of the mine.Double the profit, this is still a small coal kiln.

A heavyweight large-scale coal company like Tianxiang has lower costs and almost ridiculously high profits.

The price of coal has been soaring in recent years, and the cost has increased slightly, but the profit is still very high.If environmental protection had not been investigated, Tianxiang's costs would still have remained low.

Running naked on a traditional road at a speed of 120 miles with your eyes closed is an unprecedented feeling.But once the road becomes difficult, it is definitely not as simple as a bruised nose and a swollen face. The faster you run, the worse you will fall.

The past financial management was a joke to the entire group. There was so much money in the account that I was worried about not being able to spend it. How could I worry about all this mess?What fingers, running water, messy management.As long as we are doing well when the major shareholders come over to inspect us, it will be fine.And shareholders won’t care that much. After all, the balance sheet is huge. This is a trivial matter. As long as everyone is happy when the money is distributed, what now?
Hu Jinyu had to pay attention to what the other party said, because the entire group company now has difficulty paying water bills.The water bill for the entire group building alone last quarter was 120 million.

If it were in the past, Hu Jinyu would not have even glanced at it and signed it with a swipe of his pen.

This time there was a financial crisis. Hu Jinyu took a quick look and discovered serious tricks inside.After asking the general manager, I found out that the construction of the unit next door was using tap water from the group building.

When it was taken over, no one knows.No one knows how much water was used.No one knows who agreed!
With such management, if the company does not have financial problems, it can only be said that the market is too good.

Refined management?
It's easier said than done. Who is willing to ask any branch to hand over its finances?Those branch general managers just now all had financial managers under them, and none of them helped the group propose a management plan. Now that the group general manager has proposed it, Hu Jinyu doesn't know what to say.

"I can only say that we should take our time. For a company as big as ours, we need to take action on the whole body. In the past few years, when the profits were good, we might be fine if we touched the plates of these people. After all, everyone is not short of a bite or two. Now... …Disaster!"

Standing up and looking at the huge floor-to-ceiling windows behind him, Hu Jinyu felt huge pressure pressing on his shoulders, and his heart felt blocked.

"Mr. Hu, maybe if we change things at this time, we still have a chance. Otherwise, we might be stuck in a financial quagmire. To be precise, it's a debt quagmire."

"Some of our group's land can be developed as real estate. Now that the real estate market is starting to pick up, maybe we can make some investments. This can alleviate some of the debt, and we can do some things jointly with other companies."

"If we don't do these, all we can do now is to sell some of our tangible assets to give banks confidence. If we don't do these, and the economic crisis continues, then our group business may not be able to support three Year."

Seeing Hu Jinyu change the topic again, the general manager's eyes were full of disappointment.

From the outside, Tianxiang is at its peak. It is a key large-scale enterprise in the province. Provincial leaders often come to inspect it, and it is also a model enterprise.But only those deep inside can see that the company is already riddled with holes.

From being dormant at the beginning of entering the company, to gradually coming to prominence, and then the high spirits in my heart, the other party has made several attempts to help the company make changes.

Deepen the industry and avoid blind expansion.

But every time it backfires, Tianxiang's management still goes its own way, blindfolded and dragging its employees along the traditional road to run naked together.Now that the economic winter is coming, not only is it embarrassing, but the larger the body, the greater the chance of freezing to death.

(End of this chapter)