Chapter 668 Fire at Li Dong!(1/2)
In March 2007, Li Dong had a lot of private affairs and official affairs.
I won’t talk much about private life, and there are also many things in the group.
The cooperation with Suning has officially begun. Since early March, Suning has sent someone to contact Qi Yunna. Now both sides have selected a location with the Beijing-Tianjin area.
Both Zhang Jindong and Li Dong’s meaning are very clear, fast, fast, fast!
Since they had made up their minds to fight once, neither of them was indecisive and soon reached a resolution to make a quick layout in the early stage.
Yuanfang Group is not only planning to Beijing and Tianjin.
Including the previous cooperation between Shandong Province, Jiangsu and Zhejiang Province, Jiangxi Province, and Hubei Province, China-Haibai Cooperation is on the agenda of Yuanfang Group.
This is just the supermarket, logistics and mall, and the group has gradually accelerated its expansion.
In addition to real estate companies consolidating their achievements, three of the four pillar industries in the distance are expanding rapidly.
When it comes to expansion, it is inseparable from the word "money".
When the settlement was settled at the end of last year, Yuanfang Group's total liabilities reached 6 billion, and all of them would expire in March.
With so many debts due all of a sudden, both Yuan Chengdao and others in the group were always surrounded by a sense of urgency.
Just then, Yuan Chengdao began drastic reforms and assessments.
Originally, Li Dong gave him the advice to start the assessment this year. His meaning is that the past can be investigated without judging the past, and everyone starts from scratch.
As a result, I don’t know if Yuan Chengdao understood what he meant wrongly or if Yuan Chengdao’s own obsessive-compulsive disorder attacks.
This guy started the investigation system as soon as the assessment system was implemented, and the year-end assessment was adopted for senior management at the top level of the group director!
This year-end naturally refers to the KPI assessment results in 2006.
Not only targeting the performance of individuals, including the entire department, Yuan Chengdao also took stricter penalties, joint and several liability!
In other words, if the overall performance of the department does not meet the standards, even if some senior executives pass the assessment, they will be jointly and severally responsible. This implication continues to the level of department heads.
Such large-scale assessment and punishment suddenly caused panic among the group.
On March 12, Yuan Chengdao waved his hand and two executives of the group were forced to resign.
On March 13, Yuan Chengdao took another ruthless move, and three senior manager-level executives at the headquarters were beaten down.
On March 14, four or five department heads could not bear the pressure and voluntarily resigned.
March 15th...
In just one week, more than ten middle and senior management managers were forced to leave their jobs voluntarily!
For a moment, the distant group covered the sun.
...
Good fortune will never come in one way.
Just as Yuan Chengdao made drastic reforms, the dark clouds had not yet dissipated and the storm was coming!
Yuanfang Group is in a crisis of breaking the capital chain!
The long-simmering revenge of Liu Ke and Chang Qiqi has come. In just one day, they were instantly slaughtered by the Far East Group on the Internet and in the newspapers.
Yuanfang Group, which claims to be a assets worth tens of billions, is actually insolvent.
That's what everyone sees.
A gossip tabloid even analyzed the current funding status of Yuanfang Group in detail.
In 2006, Yuanfang expanded rapidly, with investments of up to 10 billion yuan. At the beginning of 2007, Yuanfang Group expanded violently again.
On New Year's Day, Yuanfang acquired Greenland, and then Yuanfang acquired Pengfei and Beichuan Real Estate. According to these three mergers and acquisitions alone, according to the outside world's estimates, Yuanfang invested at least more than 5 billion yuan.
As soon as this wave of mergers and acquisitions frenzy has passed, Far East has begun to cooperate with Suning, with investments of more than 2 billion yuan.
In addition, the contact between the faraway and Zhongbai was also revealed, and the plan to enter the central China market in the faraway was completely exposed.
In addition, the establishment of charitable funds in the distance and large-scale employee welfare plans have been added up in scattered ways, which are 10 billion.
In two years, an investment of up to 20 billion yuan.
The profit of Yuanfang Group is only over one billion in supermarkets, but as for real estate companies, they are subconsciously ignored.
Twenty times the income and expenditure ratio, where does so much money come from far away?
How long can the far away from insolvent debt last?
Can the distance where crazy expansion continue to go crazy like his founder Li Dong?
Shocking question marks pushed the Yuanfang Group to the forefront in an instant.
...
March 17th.
Yuanfang Group held a group's senior meeting.
Li Dong arrived at the conference room early and sat in his seat without saying a word.
When Yuan Chengdao and many other senior executives sat down one after another, the meeting officially began.
As soon as Liu Qi, who was presiding over the meeting, said Sun Tao, who rushed back from Nan of Su, said: "Mr. Yuan, I have a few questions to ask you!"
Yuan Chengdao said with a serious expression: "Please tell me, Mr. Sun."
Sun Tao was a little excited and said: "In one week, one of the ten middle and senior management in the distance went to the future. Has Mr. Yuan agreed with us? Where did you call the assessment and set standards? The three directors and three managers who resigned were all elderly people who joined the remote area in 2004. Is it appropriate for Mr. Yuan to work with one-size-fits-all?
Killing a chicken to scare the monkey is not the same way to play!
In my opinion, your so-called assessment is to eliminate dissidents. Mr. Yuan, I need you to give me an explanation and give everyone an explanation!
The distance is the distance for everyone, not the distance for you alone!”
Sun Tao took the lead in attacking, but everyone had expected it.
Most of the executives who were killed by Yuan Chengdao this time were Sun Tao's people.
It may be inappropriate to say that Sun Tao’s people are, but in fact, it should be said that the elderly who joined the company in 2004 and 2005 can be considered Sun Tao’s people.
Li Dong was still in school, and in addition to financial power, personnel power and other rights were almost all handed over to Sun Tao.
In the early stages of entrepreneurship, the distance was not as well-known as that.
At that time, almost all the senior executives in the distance were brought by Sun Tao, including his friends and his old colleagues.
Although Li Dong later rectified and adjusted some of the cases, a few of them have reached high positions in the past two years.
Now Yuan Chengdao is staring at these people directly. In everyone's eyes, this is the foundation for digging Sun Tao.
Of course, everyone knew that he had attacked, but no one expected that Sun Tao would be so blunt and even said that he would reject dissidents. Obviously, Sun Tao was extremely angry at this time.
After Sun Tao finished speaking, Yuan Chengdao sorted out his thoughts and said slowly: "Mr. Sun is a little calm. When you finish listening to me, if you think it is not appropriate, then we can discuss it again. The assessment standards you mentioned are not the standards set by Yuan Chengdao, but the assessment standards commonly used by various companies.
I have consulted many well-known HR at home and abroad and have also reported to Mr. Li.
In addition, what you said is that I targeted my previous employees, and I cannot accept this.
What you see does not mean the truth. In fact, everyone knows why the elderly in 2004 became the first candidates to be rectified.
I am not afraid of offending executives who joined in 2005 and 2006. I am almost all highly educated and capable elites.
In 2004, most people had low education and insufficient abilities.
I didn’t beat everyone up in one fell swoop. Sometimes education is actually a stepping stone. The key is to rely on your own efforts!
Like President Qi and Director Hu who joined the company in 2004, they are also veterans and even become important management teams of the group. Have I targeted them?
Everything I did was not because of personal grudges. I dared to pat my chest and say that the reason they left was because they did not work hard enough and did not work diligently enough!
Mr. Sun can see the assessment results himself. In the distance in the rapid development, one step slower is mediocre, two steps slower is dereliction of duty, but three steps slower is three steps harder, that is a crime!
If the group wants to get on the right track, the pain is necessary!”
Yuan Chengdao's pain seemed to hurt Sun Tao, and Sun Tao was furious and said, "What a pain is necessary!"
"These people have no credit and hard work. We have been working hard to this day, do you know how much hardship they have suffered for this?"
"You don't even give a chance, and a word of pain will reject everything about them!"
"If others don't say it, just Director Zhang Tao of the Quality Inspection Department, do you know? In 2005, in order to win the Tongshan market, Director Zhang worked hard in Tongshan for more than three months, and his leather shoes were worn out for five or six pairs. These are all things I saw with my own eyes!
As a result, what did you say when you forced Zhang Tao to leave?
A word of old mischief denied all his contributions!
Does Yuanfang Group have no human feelings now? It’s not that I’m naive, I just want to say that stereotyped rules and the so-called KPI data can really represent everything?
At least I dare say that you, Yuan Chengdao, do not have the loyalty and enthusiasm of those of us to the group!
If you don’t have enough ability, you can learn, punish, or even demote. However, if you force them to resign, what do you want to do?
Yuan Chengdao, you don’t have to use those great principles to suppress me, I know these things better than you.
The birds are full of good bows, is this what is called going on the right track?"
Sun Tao, who has always been considered an honest man, was furious today and even said the words of Asuka Jinliang Gongzang, which immediately changed everyone's face.
To be continued...