Chapter 571 A giant is about to be born: Qingyao Group is ready to set sail
"After the company's restructuring, each subsidiary will have greater freedom. The head office will perform strict supervisory duties..."
At the meeting, the middle-aged man explained in detail some of the things that had happened after the company's reorganization. After the company's reorganization, each subsidiary had a greater degree of freedom and various plans could be implemented more flexibly.
The head office has delegated power, but major plans still need to be coordinated by the head office.
"Boss Tang, Boss Su, Boss Qin, this is our plan..."
After finishing his words, the middle-aged man smiled and said, Tang Qing nodded, and Su Yang and Qin Shuyao also nodded. The plan is very detailed and very thoughtful. In fact, during the process of formulating this plan, Su Yang and the others also communicated with the middle-aged man many times.
This plan was approved by Su Yang and others.
"Let me explain briefly..."
Su Yang spoke, and everyone looked at Su Yang's big screen.
"The purpose of this restructuring is to better develop the company. As the heads of subsidiaries, you will gain more rights. However, with these rights, you will also bear more responsibility and pressure. In the future, your income will not be limited to company bonuses. There will also be an equity dividend incentive system. We do not rule out the possibility of listing subsidiaries in the future."
Su Yang said this seriously, and this made everyone excited. Equity dividends and listing meant that their income would be even greater in the future.
Separately, the subsidiaries would have greater independence, which meant they would have greater power. Furthermore, having more autonomy meant they could become renowned bosses in the future. Unlike now, where Tang Qing had completely stolen all the limelight.
"At the same time, the names of all subsidiaries also need to be changed. Except for Qingyao Media, which carries Qingyao, all other subsidiaries need to have new names..."
Independence. Now Su Yang and Tang Qing want each subsidiary to be independent. And they want it to be as independent as possible, even using new names to build their own brands, rather than hiding under the Qingyao brand and having the two words Qingyao overshadow them.
Hiding under the Qingyao brand has both advantages and disadvantages. Now that the major subsidiaries have grown, they are fully capable of establishing their own brands. Only after these brands are established can the subsidiaries have better development.
"But let's be frank. You have more power now. But you must also be mindful of your actions. You should all be very clear about what kind of person I am. In this society, don't think you can get away with doing things covertly. Work hard and be a decent person, and you will make money. If you dare to do anything that harms the company, even if you leave China, I absolutely have a hundred ways to make you live in fear..."
Su Yang said directly that you can’t just be a good person, you have to be a bad person too.
Everyone swallowed their saliva when they heard Su Yang's words. At this moment, many people suddenly remembered Su Yang's previous style of doing things. This style was not that of a good boy. You know, when he first debuted, many people were ruined by Su Yang.
"Late Night Show" has disappeared for several years, but this show is like a sword hanging over the hearts of many people.
Some people even got shot because of Su Yang's exposé. Everyone knows that Su Yang is a top hacker. Facing such a person, who is also rich, it can be said that even if you run abroad or anywhere else, as long as you don't leave the earth, Su Yang has the ability to make you magically have an accident or even mysteriously disappear.
For the rich, this is not difficult at all. It only takes a few hundred thousand dollars to find a large group of people to do this dirty work.
Su Yang didn't say much after watching everyone's expressions. Sometimes bad people are more effective than good people. If he handed the subsidiary over to them, they would have more power. If it was just a small profit from the occasional incident, it wouldn't matter. But if it affected the normal development and operation of the company, Su Yang would not be polite to them.
There is no such thing as friendship, after all, if you don't put friendship first. If you put friendship first, you wouldn't do this when I trust you so much.
"In the next period of time, the company will officially upgrade. All procedures must be completed before January 1st. On January 1st, Qingyao Group will be officially established, and then everyone will officially enter a new state..."
Tang Qing smiled and said that the group upgrade and the full commissioning of the headquarters will be carried out simultaneously.
After the meeting, the heads of each subsidiary were very excited. After this delegation of power, they would have more room to display their talents.
But they can't do anything wrong, after all, the head office now has a strong control over the branch. Apart from other things, the financial aspect alone has put a tight rein on each subsidiary, making it impossible for them to do anything wrong.
Reasonable financial expenses are naturally fine, but unreasonable financial expenses, especially those that do not comply with regulations, will not be paid by the finance department. This is because the finance staff are from the head office, and bonuses are paid by the head office, not your subsidiary.
Qingyao Media currently has a lot of money in its accounts, but the financial statements of its subsidiaries are different. The parent company has taken over financial control, which means that it can use its regulatory power to control the healthy development of each subsidiary.
Instead of letting the subsidiaries live or die, after all, each subsidiary is crucial to the entire group, and some subsidiaries are unlikely to make much profit at all. Even if such subsidiaries lose money, the headquarters will not treat their employees unfairly, because the purpose of these subsidiaries is to make the entire group more profitable.
The upgraded Qingyao Group is like a country. The headquarters is primarily responsible for regulation, while the subsidiaries are responsible for profit. When problems arise in a subsidiary, the headquarters does not leave it to fend for itself. Instead, it leverages its capabilities to improve the subsidiary and ensure its continued survival.
For example, Qingyao Digital, a special effects company, will need to invest a lot of money in the future to develop new technologies. Such a company may not be profitable, and may even lose money every year in order to develop new technologies. But should such a company be abandoned?
Impossible, because the special effects company is too important to the entire group. Because of the existence of the special effects company, the company's works can reach world-class special effects standards, and it can even help other subsidiaries such as the game company improve the quality of their works. Its role is unquestionable.
Therefore, this company is different from other profitable subsidiaries. Each subsidiary has its own unique situation, and the headquarters' assessment criteria for them are also different. What the headquarters needs to do in the future is to ensure that all employees can live a good life through their own efforts, rather than focusing solely on profits!
Continue read on readnovelmtl.com