While the industry was still discussing Lu Feng's letter, some local newspapers began reporting on the reorganization of Jiafeng Electronics.
The internal reorganization meeting of Jiafeng Electronics officially kicked off at 2:30 pm. After so much discussion within the company, it was finally coming to an end today.
The HR department has been working like crazy these past few days, putting in extra hours to organize the personnel transfers between departments, while also setting up a recruitment team to poach talent from other companies.
This is also why those companies are attacking Lu Feng so fiercely. Jiafeng Electronics has single-handedly raised wages in the electronics industry by a lot. Executives' salaries have increased by a third, and there are also employee stock dividends.
Lu Feng changed into a formal suit, and the largest banquet hall in the factory was cleared out and filled with chairs. There were several hundred people attending the meeting, including some middle-level managers.
A podium was set up on the stage, adorned with a bouquet of flowers, and rows of tables and chairs below. Because there were so many people, there were no tables in the back except for the first two rows.
At 2 PM, everyone entered the room, glanced at each other, and felt somewhat relieved. Those who could still attend a meeting at this time should be able to spend the New Year peacefully at the company.
With top-level management like Zhu Lidong and Zhang Fengxia entering the room, the scene instantly fell silent.
Lu Feng sat in the next room looking at the reports in front of him. The head of the human resources department said, "There are still vacancies in the human resources department, but fortunately the cooperation between the departments is good and it will not affect the normal work. I will fill all these positions before the end of the year."
"The HR work should be aligned with the new department. When recruiting, it doesn't have to be an electronics company; other companies from different industries are also acceptable. Also, you need to assign tasks to the HR department. As mentioned in the last meeting, we need to build a talent database and conduct more interviews, even if we don't need more people."
"Yes, yes, the talent database has been launched. Mr. Lu, are you satisfied with the people we can mobilize now?"
Lu Feng glanced at the list of personnel and nodded, saying, "Alright, these departments will be consolidated upwards later, so keep an eye on them!"
"I know it won't affect the company's overall strategic direction. I've been holding meetings with my subordinates these past few days."
Lu Feng glanced at the time, closed the folder, stood up, and walked out the door.
Two young women were standing at the conference room door. When they saw Lu Feng walking over, they hurriedly said, "President Lu is here. Everyone, please welcome him."
Before Lu Feng even entered, the entire room stood up and thunderous applause echoed through the corridor. The door was pushed open, and Lu Feng stepped inside, whereupon the applause grew even louder.
Just as I was about to say stop taking pictures, a pretty girl walked over carrying a bouquet of flowers.
"Hello, Mr. Lu!"
"Thank you!" Lu Feng accepted the flowers, said a few polite words, and then handed them to the head of the human resources department behind him.
In the past, meetings were kept to a minimum, and the arrangement of meetings was handled by the administration. Previously, Wei Yandan was in charge of these matters, but after she was transferred, her successor clearly did not understand Lu Feng very well.
Lu Feng raised his hand and gestured for the applause to subside. He then stepped onto the stage, picked up the microphone, and said, "Please be seated, everyone. This meeting is very important, but I didn't expect it to be so grand. In the future, please keep things simple!"
"The main topic of this meeting is reorganization. The internal structural reform of the company is to better cope with the ever-changing market and to achieve better development. Many people inside the company have been discussing this recently. Today, we will give you a clear answer: how Jiafeng Electronics will develop and where it will develop will all be discussed in today's meeting."
"Before the end of this year, we will conduct our first external financing and gradually form a board of directors. We will not accept joint ventures or acquisitions. There is a saying that goes, 'It's better to have your own than to have your own parents.' We will transform into a technology-based electronics company. This path will be difficult, but it is necessary to take it."
"At the same time, we need to prepare for group formation. Of course, not now, but in the next year or two. In order to better manage our subsidiaries, group formation is a necessary path. Since it is a group, it will not be just a single business."
"I've been holding a lot of meetings lately. The after-sales department is gradually being improved. It not only provides after-sales service, but our parts wholesale is also in full swing. We are building a comprehensive industry platform and providing excellent peripheral services."
"We can't say that after the warranty expires, if the display burns out, we can't buy a replacement. These parts are all profit, and we can also export OEM manufacturing. In short, we'll do whatever we can to make money in the future!"
"Actively seek development of other industries and try different types of industrial cooperation. For example, in the film and television industry, if we develop the film and television and media industries ourselves and provide supporting services for ourselves, the internal prices will be extremely cheap and the costs will drop sharply."
Most of what Lu Feng said went in one ear and out the other; these things were too far removed from their lives, and their priority was to keep their jobs.
Lu Feng then focused on the talent reserve center and the university talent transfer program, and then announced the heads of the business units, the debt management department, and the investment department.
The applause came in waves, and Zhang Fengxia and Zhu Lidong were somewhat stunned as they listened to Lu Feng's speech on stage.
The conglomerate that Lu Feng described was far too large. It was no longer a conglomerate, but a platform. Most conglomerates focus on one industry or one product, and their subsidiaries are supporting companies.
The supporting companies that Lu Feng mentioned after the group was formed were: advertising and promotion with its own media company; product design with its own subsidiary design company; transportation with its own transportation company; and finance with its own investment company!
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