Chapter 170 Establishment of the Group Headquarters

Chapter 170 Establishment of the Group Headquarters

Chapter 170 Establishment of the Group Headquarters
Hong Kong Island, Hong Kong China Daily Building:
Yang Wendong brought several people to the top floor and said, "Everyone, please take a seat."

"Okay." Wei Zetao, Qin Zhiye, Zhang Hui, Zheng Zhijie, Wang Fengzhi, Lin Yuanshan and other senior executives of the company each found their own seats in the conference room.

Su Yiyi said, "I'll go pour tea for everyone."

Wang Fengzhi quickly said, "Let me do it. I'm more familiar with this place."

The other people at the scene didn't say anything, but they obviously agreed. They all knew the relationship between Su Yiyi and the boss, and they didn't dare to let her serve them.

Yang Wendong smiled and said, "Don't be polite. You don't need to pour any tea. Just go over there and get a few bottles of soda from Watsons."

"Okay." After Su Yiyi agreed, she went to get some water and came back with a plate a short while later.

After everyone had a bottle, everyone quickly started discussing business.

Yang Wendong first said: "Everyone, we are here today mainly to discuss the affairs of Changxing Group Head Office;

I have actually told a few people before that now that the different businesses of the company are getting bigger and bigger, the finance, personnel and administration of each business must be separated;
At the same time, a general group company should be established to manage the personnel and finance of each business."

The people below obviously knew about this. The leader, Wei Zetao, said with a smile: "Mr. Yang, your business is getting bigger and bigger now, so it's only right for you to set up a group company."

"Yes." Yang Wendong nodded, and then said: "The head office will exercise certain control over each business company in the future, but at the same time, it will also give you certain additional permissions.

In the future, there will be a standard for which matters you have the right to make and which matters need to be decided by the headquarters or by me, and you just need to follow it.”

Anyone who has worked in different companies knows that the management model of a company is that small companies rely on people, while large companies rely on systems.

"Understood." Several people below replied.

Yang Wendong continued, “Yiyi, you will be in charge of the General Affairs Office from now on. The responsibility of this department is to send people to communicate with each subsidiary, and then sort out various matters of the subsidiary, and give me all the information.

Then we need to deal with emergencies or coordinate cooperation between departments, etc. ”

"Okay, Brother Dong." Su Yiyi nodded and agreed.

Naturally, she had known about this for a long time. Originally, she thought that she might not be able to do well. After all, this was her first time to be in charge of a department. Before this, she had only been doing auxiliary work.

However, Yang Wendong also described this job. It is not a core functional department, but a link to communicate between various businesses and the headquarters. It is also an eye that Yang Wendong needs.

Therefore, this position requires a trustworthy person to be responsible for it. As for professional issues, the corresponding people will naturally be recruited.

Yang Wendong added: "Although an independent company business has been established, the finances of each department will also be independent, so internal transactions will be normalized, and we can give an appropriate discount according to the market price;

Especially for the Hong Kong Chinese Daily and Commercial Radio, you will be the publicity channels for the group's business in Hong Kong in the future. In this regard, you must make special preparations for the group's business, especially the upcoming real estate business."

Qin Zhiye and Zhang Hui nodded, and then the former agreed and said, "Okay, Mr. Yang, don't worry, we will definitely give the best publicity resources to our brother company."

"Well, good." Yang Wendong continued, "In the future, the headquarters of the group and Changxing Real Estate will be here. In the short term, this building is enough; if the business expands in the future, we will consider buying a new building."

After the Hong Kong China Building was built, Yang Wendong knew that the other empty spaces would be used soon, so he did not rent them out.

Even if the company's business grows rapidly, it may not be enough.

Zheng Zhijie said with a smile: "Mr. Yang, there are still many old buildings around here. It's no problem to buy them, demolish them and build new buildings."

"Well, that's good. It's convenient for everyone to be together." Yang Wendong nodded and said, "Then your latest business includes this. Find a way to buy the old buildings nearby, then demolish them and build new ones."

The credit limit given by Liu Chong Hing Bank is not low, so naturally you have to use it if you can. You may even have no problem taking out loans from other banks, but the leverage is not as high as that of Liu Chong Hing Bank.

"No problem, I'll go investigate nearby this afternoon." Zheng Zhijie agreed.

Yang Wendong added: "Don't build something too high. A dozen floors are enough. Buy a few more plots of land and build a cluster of office buildings. It doesn't matter if there are a few more. If you really can't use them, you can rent them out."

From an economic perspective, whether a place builds very tall buildings has a lot to do with land prices. The more expensive the land price, the higher the buildings should be, and vice versa.

Because the taller the building, the higher the cost per unit of building area will be. Therefore, when land prices are not expensive, it is better to buy more land and build shorter buildings.

Although the prices in Central, Hong Kong are not cheap, it is still 60 years old after all. Even in the core area of ​​Central, buildings with more than 20 floors are rare. The location of Hong Kong China Building is still on the edge of Central, so building a dozen floors is the most cost-effective.

Moreover, in this era, no matter what kind of property investment you make, the most important thing is to acquire more land. After 20 years or so, the building can be demolished and a super high-rise building can be built, which will bring the highest return. "Okay." Zheng Zhijie also understood this.

Yang Wendong continued, "Then let's discuss the internal coordination of each company next."

The establishment of a group company is also an inevitable trend. Otherwise, if Yang Wendong were to handle so many businesses alone, he would simply not have enough time. The biggest trouble is the distance.

But there was no other way. The factory had to be located on the Kowloon Peninsula. This was the trend of Hong Kong's industrial development, and Yang Wendong had no choice in the early days.

The core businesses of newspapers, radio stations and even real estate companies are all in Hong Kong Island, and the talents needed for business operations are also here, so they must also be located in Hong Kong Island.

However, for large group companies, this is not a problem. After the company expands, it is normal to separate the business. The management costs of those multinational companies are higher, but this is also necessary for development.

After the meeting:

Yang Wendong left Wei Zetao and Su Yiyi alone and said, "Old Wei, although the company has established many new businesses, the core is still Changxing Industry. In this area, we will need to rely on you in the future."

Wei Zetao said: "Don't worry, Mr. Yang, Changxing Industry is currently following your plan and executing normally. There are almost no problems with several products in the market. We just need to deal with production and quality issues."

“Yeah.” Yang Wendong nodded, and then said: “The market for several products of the factory is indeed good, but we can’t just rely on these few;

Therefore, the internal task of Changxing Industry this year is to set up its own R&D department. This R&D department is not a design department like Lao Hong's, but needs to find ways to research products that the market needs, just like 3M. "

Although Yang Wendong will still provide some creative small commodities from his previous life in the future, he also needs his own company and has the ability in this area. Even if the products developed are very different, or even dozens or hundreds of products are needed to produce a hit, it is acceptable. This is actually the state of 3M itself.

"I understand." Wei Zetao nodded, and then said, "It's just that 3M's business is too broad, and our resources are not as good as theirs. I wonder if there is a fixed range for the development of new products, so that we can all work together in this direction."

Yang Wendong smiled and said, "Learning from 3M does not mean you have to follow their path. If you stay within their strong area, you will be courting death.
On the contrary, we should go to areas that 3M has not touched. For example, the living habits of Westerners and Asians are different, so 3M has not innovated products based on the needs of many Asians in their lives. "

"What a good idea! Mr. Yang's thinking is really brilliant." Wei Zetao's eyes almost lit up after listening to it.

No matter how powerful 3M is, it is still a Western company. The main markets for its products must be Europe and the United States. It has also achieved success in other countries, but that is also because many of its products are highly applicable.

The economy of the Asian market is relatively much worse. Even if a normal European or American company invests in this area, the investment is very small.

Yang Wendong continued, "Yes, especially kitchenware, Asia is indeed completely different from Europe and America. If you want to seek a breakthrough, then find this direction;

Look at the inconveniences in Asian kitchens, and then think of ways to improve them. If you can invent a product like the sticky hook that solves the problem, there will definitely be a market for it.”

Wei Zetao nodded and said, "Okay, I understand. Then I will organize a new department to study Asian kitchens."

"Well, let's try it this way first." Yang Wendong nodded and said.

A kitchen is something that every family needs, and the market here is very large.

Su Yiyi next to him suddenly asked, "Brother Dong, Mr. Wei, patent issues in Asia are not easy to deal with, right?"

"This is indeed a problem." Yang Wendong agreed and said, "But we can't stop doing business just because of this problem. We just need to make money in a legitimate way.

At least Japan is much better, which is the largest market. Even if there is a lot of piracy in other places, we can still get some profits. "

Piracy is an eternal problem, and even in the 21st century, it is often still unsolved;
When there is no other way, we can only try to make up for the losses as much as possible, such as by cooperating with local bosses and giving up reasonable interests to ensure a win-win situation.

If that still doesn't work, or if some countries don't even have copyright and patent laws, then we can only give up our patent advantages and compete on the basis of quality and price.

Wei Zetao nodded and said, "Yes, I think we still rely mainly on the Japanese market. The 9000 million people there may have a consumption capacity no less than the 9 million people in Southeast Asia.

Or, our products may be like 3M, suitable for Asia as well as Europe and America, which would make the market even bigger.”

"That's better." Yang Wendong smiled and said, "We also have some channels in Europe and the United States."

Post-it notes and sticky hooks are all practical products, and it is easy to contact European and American distributors through them, and they may even come to you on their own initiative.

"Yes." Wei Zetao said, "Mr. Yang, there is one more thing. Robert from 3M will come to Hong Kong in half a month."

……

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(End of this chapter)