Chapter 499 Rotating CEO


The prosperity of the Magic City is not only reflected on the surface.

It is more reflected in its inner culture and sense of eliteness.

The old man here doesn’t wear flip-flops and a white vest when he goes out.

Instead, Armani's suit is paired with a Hermès belt and jeans from a certain big brand.

The magic city of Shili Foreign Market, if you don’t have money, you will need to spend your whole life getting used to it.

If you have money, it's completely different, because it will take the initiative to accept you as quickly as possible.

Let you become a part of this city.

After the relatives of the Chen family came over, they would have dinner together every now and then, probably enjoying the lively atmosphere in the countryside.

Chen Pingsheng did not take them to the shopping mall. Instead, he moved several clothing stores inside and let them choose by themselves.

Go and choose the ones you like.

Whether it’s a suit or a belt, you can choose from anything from Armani to LV, GUCCI and so on.

We also choose watches from Longines, Omega and Rolex.

It will not be less than 20,000, and everyone under 200,000 can choose two pieces.

This is different from the lifestyle in Guangdong. Guangdong is low-key, the capital city is exquisite, the capital has small officials, and Shenzhen has a lot of money.

Living here, those who have the slightest conditions will dress themselves up differently.

And this culture not only affects local residents, but also affects young people who come to work here from other places.

There is a saying that if she stayed in the magic city for more than three years.

You will find that it is impossible to save money at home.

Even if she is just a waitress with a salary of three thousand a month, she will buy a bag worth ten or twenty thousand without blinking an eye.

This is the Magic City, a city full of dreams.

As for the so-called dream, when you come here, you will find that no matter how highly educated you are, you still don’t have a house or a residence in Shanghai.

If you still want to settle here, then you are not worthy of dreaming.

Because the three things of getting married, having children, and buying a house can easily make you afraid to quit your job.

Even middle-aged anxiety.

The old Chen family naturally does not have this kind of problem, but the personnel research department of Tengying Group discovered this serious problem during a new round of personnel research.

As early as 2015, Chen Pingsheng spent a lot of money to establish an independent economic research institute for Tengying Group.

In addition to studying the global economy and markets, the main work of the Institute of Economic Research is the most important task of self-examination.

The so-called self-examination and self-examination are of course conducted within the entire Tengying Group.

The Institute of Economic Research will not care who your chairman is, it will only make a form of the problems it finds and submit it to your boss's desk.

Of course, the target of this problem is not the management of its hundreds of thousands of stores.

Because as early as the Gao Hu incident, the top management of directly-operated stores, including the middle management, had gone through two rounds of updates.

Replace at least half of the people, so that all stores can be revitalized.

This time the question is directed at the headquarters of major companies.

This is also an unavoidable part of many companies. Just like people, they are naturally full of passion when they first join the work.

What I think about most every day is promotion and salary increase.

Over the past few years, when you have achieved certain achievements, it has become increasingly difficult to get a position above as the group becomes more stable.

Not even possible.

At this time, most people tend to lose their passion.

And this will also become an obstacle to the development of the group.

How to deal with this group of people, most companies choose to lay off employees.

A small number of enterprises will still let it go, and only state-owned enterprises can ignore this.

This is also the origin of the mid-life crisis in large companies.

Whether to optimize layoffs or rehiring is a question.

In the end, Chen Pingsheng signed on to optimize layoffs.

This wave of layoffs will not affect its stores, it is just a self-renovation of the headquarters.

It is also a way to keep enterprises dynamic, targeting only the headquarters of major enterprises.

Optimize the ratio for lower-level employees at the headquarters to save one and save five.

Mid-level management goes to one and saves three, and senior management goes to one and saves two.

The proportion of executives who need to be laid off is one third.

This is also the part with the highest proportion of layoffs in this wave.

The reason is simple: many of these people are financially free.

After they become financially free, what they think about is often making more money.

When the income within the company cannot satisfy itself, a lot of problems of cutting corners will arise.

I even invest in some affiliated companies from left to right.

Not only that, Chen Pingsheng also launched a new policy at the headquarters.

That is rotating CEO. CEOs of major companies, including Chu Qiuyan, Chang Fu, Yang Qian and others, will no longer sit on their iron benches.

Instead, a rotation system is adopted, and the maximum term of a CEO is two years.

This is true for all listed companies.

This headquarters self-renovation affects not only the middle and senior management.

Also includes the top floor.

After the layoff optimization is completely completed, it will be the re-rotation of CEOs of major companies.

What is surprising is that before the optimization and layoffs were completely over, Chu Qiuyan came to see him alone.

Qiuyan is also the youngest CEO of Bobo Milk Tea in the entire group. She first had a passion for milk tea.

After a long time, Bobo Milk Tea has already realized automatic operation, and all new product launches do not require her as the CEO to be responsible.

That so-called love has been slowly fading.

This has also caused Bobo Milk Tea to go from being far ahead in the first place under the increasing market competition.

It has worked so hard that several brands can now compete with it.

This is also the main reason why the headquarters must adopt rotation.

You can’t just shout to keep the people below you passionate, but the passion of leaders like them is slowly fading away.

"Uncle Chen, I want to go to the Dream Fund."

"The Dream Fund is not as famous as Bobo Milk Tea."

"I know, I just wanted to support Uncle Chen back then. Just like that, go over there and help some people who really have dreams.”

Chu Qiuyan has had this idea for a long time.

She may no longer be suitable to be the CEO of Bobo Milk Tea.

After all, the competition in the current milk tea market is too fierce.

Many Internet celebrity brands emerge every day.

Being in such an industry, if you don’t have a bit of wolfishness, you will be beaten down in a matter of minutes.

Obviously, Chu Qiuyan does not have this kind of wolf nature.

Chen Pingsheng agreed to let her go, but she had to start with the deputy director first.

There are still barriers between selling milk tea and investing.

She has to go there to study for a year or two first.

Of course, if this is what she likes, she will adapt very quickly.

Chu Qiuyan applied by herself, which was a good way to avoid some embarrassment.

Even if she doesn't come, Chen Pingsheng will ask her to step down from her position as CEO of Bobo Milk Tea.

Let those who are truly wolfish and passionate sit in her position.

Seriously, the Dream Fund is quite suitable for her.

Whether she can be the CEO of the Dream Fund in the future mainly depends on her own passion.

Chu Qiuyan was the first to come to him, and the second was Chang Fu.

This guy actually applied to be the CEO of Tengying Entertainment.

Chen Pingsheng almost kicked him home without even kicking him.

What the hell does he want to do?

Do you want to be the CEO with peace of mind?

Who doesn’t know that there are so many beauties in Tengying Entertainment?

But after calming down and thinking about it, Chen Pingsheng felt that this suggestion seemed not bad.

The main reason is that since he stopped managing Tengying Entertainment, the stock price has not changed much in the past two years.

But the financial aspect is indeed deteriorating.

In order to re-boost Tengying Entertainment’s financial results, it is probably the best choice for Chang Fu to transform.

That is to allow Tengying Entertainment to fully access the short video economy.

Those little artists who don’t make money are all responsible for bringing in goods, and only when they have done so can they start filming.

If you don't bring it well, I won't give you resources.

Although this is a bit shameless, it is indeed a way to quickly improve Tengying Entertainment's financial report.

Why do you think the current star pay is so abnormal?

Those who are more famous can shoot a few variety shows and earn 80 to 90 million a year.

No one wants to get low pay anymore.

I sent Chang Fu over to improve it, and it seems to be pretty good indeed.

As for his wife Yang Qian, Antler Coffee has done a good job, and she will definitely be the next one.

Hurry up and replace the remaining snacks, Tenghui Department Store, Boiling Yang Catering, Yateng Short Drama, etc.

After this major change of blood, according to Chen Pingsheng’s expectations, there is a high probability that the group can be brought back to a higher level.

At least it’s better than now.

(End of this chapter)

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