Salted Fish’s Self-help Strategy

Chapter 368: About corporate governance

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After the inspection, An Qi went around in the company, not only seeing something new, but also getting to know Ba people’s corporate culture.

There is no World Cup this rare night. The athletes take a break and the audience has time to concentrate on doing things. For example, Chu Yuanxi had an appointment with Poppies at night, but this did not prevent An Qi from having dinner.

Speaking of An Qi had been here several times, Chu Yuanxi was stingy with a meal, making An Qi, the person responsible for making money, feel very fascinated. Since he became the representative of the Demon Capital Yin Group where he went to eat, he has never seen Chu Yuanxi like this...

Chu Yuanxi also lost his money, and took him to a barbecue restaurant. The two exchanged cups and talked about corporate governance.

One is a person who has been the president and CEO of a large company, but the other is a person who has been the president and CEO of a super-large company. This conversation fascinates Angel even more.

He felt very incredible about Chu Yuanxi's way of managing the company, because there is no DKP in Pakistani Entertainment: "Don't you ever do performance appraisal? Are you sure this works?"

This is a question that must be answered. Corporate governance and internal control are also very important to investors, especially mature investors. Many pheasant investors only value the financial indicators and data of startups, such as the number of monthly active users, sales, and market share, but this is very easy to throw wrong. Mature investors are more concerned about how the target company guarantees the rights and interests of investors, how to prevent the company from being hollowed out, and how to ensure the healthy operation and sustainable development of the company.

Even established investors like Yuan Jing don't pay much attention to the short-term interests of a company, and pay more attention to the internal culture of the company. This is also the reason why he thought Chu Yuanxi was a bit interesting from the beginning. Obviously, Baren Entertainment has formed a unique corporate culture.

So is there any more mature? Yes, the entrepreneurial environment in the United States is more mature, because they have formed various laws to ensure all this.

For example, why is the legal cost of listing in the United States so high? Because of the 404 bill. You haven't read it, it is 404, also known as clause 404. This clause equates the internal control report of a listed company to the same level as the financial report. Financial fraud is a crime, and unqualified internal control is also a crime.

Of course, these bills in the United States were formed by giant deceptions like Enron all the way through, and even this did not block Elizabeth Holmes's methods.

Chu Yuanxi picked up a piece of grilled beef tongue and ate it with relish, and said, "No KPI does not mean that there is no evaluation, but it is not calculated by KPI. It is like beef tongue. You can cook on both sides, but As long as the cut is thin enough, it can be cooked on only one side."

"Then how did your evaluation come?"

"At present, there are few people, so I write it. In the future, there will be more people forming multiple business units, or changing the structure into a group, forming multiple subsidiaries. Let the manager of the business unit or subsidiary write it. Check it out.” Chu Yuanxi chewed the cow tongue, chew it, and swallowed it, “Why do you use performance appraisal? First, grant bonuses and other forms of rewards to employees. I don’t need KPIs to issue this, and it’s no problem. It is to give employees a feedback, let them know the company's recognition of their work results. I can write two pens of this."

As he said, he picked up another piece of beef tongue, dipped it in the sauce and continued to eat: "This employee enters the company to work. It is like grilling beef tongue on the stove. The evaluation is equivalent to sauce. The employee adds the evaluation and the beef tongue is served with sauce. Only the juice is delicious, and only when the employees are equipped with evaluations can they have exploitative value."

An Qi hurriedly picked up the remaining piece of beef tongue, and said that if you continue to compare the beef tongue, it will all belong to you...

He thought for a while, and then asked, "Do you care about the games on the market now? I saw your idea of ​​the emergence of troubled times. It is quite non-mainstream, right?"

"Care, I am so happy to see MMORPGs full of cheating. Competitors are doing this. Give me the cards. It's not too cool."

"I thought you were going to say you never cared about your competitors."

"Then when you were the boss, did you care about your competitors?"

"I really don't care much." An Qi said dullly, "Bezos said don't care about competitors, they won't give you money."

"Well, this is probably the reason why you retreated from the position of the fruit network boss." Chu Yuanxi laughed, "Bezos did say so, and then turned around and built an'intelligence competition' team in Amazon. "

"That's not the reason..." An Qi was full of vomiting desires, but Chu Yuanxi waved her hand, "Don't worry, there are really awesome competing products that I will copy, and I don't need to be so shameful in this regard."

"Okay, it seems that you are a sensible person." An Qi wanted to mention that Chu Yuanxi's was this, for fear that he would be too upright or that he could not put it on hold, so embarrassed to copy others. Then move on to the next item, which he is more curious about: "You should promote flat management in your company? Would you like to listen to the lessons I learned from flat management?"

"Well, tell me about it." Chu Yuanxi clipped another black bull flying star, the one that **** oil, and listened to An Qi said: "I wanted to flatten management before, but I made a serious mistake. That's it. At that time, I can manage everything. Is it flat? I can touch all businesses. So it brings a serious consequence, that is, I weaken the people who should be responsible for specific decision-making. After they lose the power, the responsibility is also Vague, and in the end everyone felt that they were doing things for me and the president, rather than doing their own things. Many projects were particularly dragged down by this."

"I've heard of your question." Chu Yuanxi grabbed the last piece of black bull flying star before An Qi finished eating, and said: "The ultimate goal of flattening is to reduce the loss between levels, not to let the boss charge. Go to the front line and do it yourself. How to avoid the situation you mentioned is actually simple. The president can touch all employees and learn about the situation from everyone, but don't give feedback. Do you understand?"

An Qi's eyes suddenly lit up. He originally wanted to share his worries with Chu Yuanxi, so that Chu Yuanxi could avoid taking his wrong route. Professional players may not know which way is correct, but they must know which way is wrong. In fact, there are many dead bodies lying on every wrong way. The correct way is only when these dead bodies are used as foil.

But he never thought that Chu Yuanxi's casual words seemed to be the correct answer? Just listen to what the old **** Chu Yuanxi said: "Feedback is actually also feedback, but the feedback of the president can only be given to a few people and discussed with the person in charge of the project to make a decision. Flattening the hierarchy is not abolishing the hierarchy. Just get it right."

Damn it! An Qi's face couldn't be stretched any more, because it seemed that Chu Yuanxi was pointing him? What style is this? How does this make people zhuangbility? "Hey Lao Chu, how did you get these experiences?"

"Decisions made for the company, daily operations, etc., will naturally accumulate."

"Aren't you working as a product manager at Pengfei Technology?"

"What does it have to do with Pengfei Technology?"

An Qi was completely at a loss: "Then where do you make decisions and operations?"

Chu Yuanxi laughed wildly: "In my dream."

An Qi is really dying, and her heart said that I believe in your evil! Wiping the sweat off his head, he grabbed a few bites of snowflake steak and found it was not good.

"This so-called Australian Angus beef is not interesting to eat..." He sighed: "Hey, when I was, there was a dolphin who focused on writing food. He wrote about a kind called'Simmental beef'. It's very delicious, but unfortunately I have never eaten it."

"In fact, the capybara meat is more delicious." Chu Yuanxi also took a bite of the steak, but he was not so picky about the meat, and thought it was quite delicious. "I originally signed a Chinese anchor who told me to bring me a capybara from abroad, but I never believed it."

"Why, do you really want to eat it?"

"Of course it's live streaming. The capybara is so cute and it's not a bamboo rat. How can you eat it?"

An Qi chewed a whole steak straight down and said, "By the way, I think you should hire a COO."

"Why are you recruiting COO?"

"Your stall is getting bigger and bigger. Someone must do the daily management for you, right?" An Qi said earnestly, "You have to be cautious about promoting founders to become COOs. They may not be suitable. Key positions are best. It is still external recruitment, recruiting professional talents for management."

"I know what you are talking about, but it is in an unfamiliar field." Chu Yuanxi suddenly recalled a blind recruitment he had conducted in the original world. It was obvious that there was a reserve of specialized talents in the company. As a result, he hired the so-called His professional manager is so angry and angry~www.ltnovel.com~ can't suppress the arrogant soldiers under his men.

Thinking of this, he said seriously: "Don't worry, I will work hard to recruit when I encounter a field that I and the entire company are not familiar with."

"Then what is your unfamiliar field?"

Chu Yuanxi looked up and thought for a while, and said ashamed: "Uh, as far as Israel-Palestinian Entertainment's current business lines and foreseeable future projects are concerned, there are none for the time being."

An Qi suddenly felt that all the barbecue can't be eaten! My heart said I'll talk to you about corporate governance and I am your grandson! You are inflated!

Chu Yuanxi happily grabbed the rest of the meat and went to find the poppies at night, and needed to replenish energy.

After driving the German car, Chu Yuanxi also had great worries, that is, she was afraid that Poppies would stick to her. Chu Yuanxi, her clinging problem, is still fresh in his memory. In the original world, he was already an entrepreneur star. He was rich and powerful, and poppies often clung to them in different ways, and even occasionally produced innocuous moths.

In the current situation, he knew very well that he was far from enjoying it. At this time, if Poppies took up too much of his time, he might be unhappy.

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