Chapter 2168: Using mergers and acquisitions to solve institutional problems

Author: Wilderness Elegy

Chapter 2168: Using mergers and acquisitions to solve institutional problems

Just like what was said before, when Zhou Buqi saw John Riccitillo, he didn't look down on him, but he also didn't agree to his request.

I just realized it now, it’s too late!

Changyou has fully embarked on the plan to develop football games and even sports games as a whole. As the sports industry becomes stronger, it will promote the development of the sports game industry.

After rejecting John Riccietti, Zhou Buqi was going to attend a dinner jointly organized by Jieyu Media and Huayi. This was the last social event before the Spring Festival.

If nothing else, I will leave the capital and return to my hometown in Northeast China the day after tomorrow.

Unexpectedly, on the way, Zhou Buqi received a call from Zhang Chaoyang.

"Lao Zhang?" Zhou Buqi knew that he had already set off, "What? Are you in Europe? You're moving very fast!"

Zhang Chaoyang hummed: "The chairman has already spoken, do I dare to be upset?"

Zhou Buqi laughed and said, "What are you talking about!"

Zhang Chaoyang adopted a calm and solemn tone, "Basically figured it out."

"What?"

Zhou Buqi was slightly startled.

Zhang Chaoyang said: "I said, we basically found out the procurement fraud case."

Zhou Buqi was very surprised, "Are you kidding me?"

Zhang Chaoyang smiled and said: "Who are you kidding? We have basically figured it out. You are right, there is indeed something fishy here and there is collusion between inside and outside. The culprits are two people, one is the vice president of marketing in Europe and the other is the chief financial officer. I

After we passed by, they were both scared to death, and I didn't even ask anything, so I just accepted them."

Zhou Buqi frowned slightly, "Is it so easy? Don't try to make a big deal out of another scam. You still have to organize a third-party investigation team to be serious and to shock you."

Zhang Chaoyang said: "It should be true. All the relevant materials have been handed to me. I just hope that I can stop suing them and let them leave quietly so as not to affect their future career development."

"What have you been doing!"

Zhou Buqi would not be soft-hearted in this situation.

It's not like they are close friends, so why do you spoil them?

If Meng Houkun, Guo Pengfei, Chen Dong and others around him embezzled the company's money, Zhou Buqi would not only not hold them accountable, but would also find ways to cover it up for them.

Zhou Buqi never thinks that he is a saint. If he cannot reach that level, he still has to follow basic human nature in many things.

However, it is not necessary for foreigners.

Zhang Chaoyang asked: "What do you think?"

Zhou Buqi said: "Whatever should be done, just do it. Everything will be done according to legal procedures. Changyou will not be an accomplice in harboring criminals!"

Zhang Chaoyang was angry and funny, "Don't go online."

Zhou Buqi said in a deep voice: "You really can't be soft-hearted in this matter. Those foreign devils are so bully and afraid of the strong. We are soft-hearted this time, and they think we are easy to bully."

Zhang Chaoyang said: "They all surrendered themselves."

Zhou Buqi was unmoved, "If you surrender and get a reduced sentence, you have to use the law to judge. We are not judges."

Zhang Chaoyang did not agree with such a strategy, why: "Isn't this not good? They took the initiative to admit their mistakes and made all the relevant connections clear. The other party involved was Ericsson, the biggest local snake in Europe. Moreover,

Changyou's current overseas business development is not easy. According to them, there were 6 people involved in this procurement fraud case, and there was also an HR director. Many employees in the European region are related to them."

Zhou Buqi said with a smile: "Then it should be dealt with more strictly!"

"Um?"

Zhang Chaoyang didn't understand what medicine this guy was selling in his gourd.

Zhou Buqi said: "It's great that Ericsson is involved. What a scandal this is. If they don't want the incident to escalate, they will definitely make huge concessions in terms of equipment procurement."

It was related to interests. Lao Zhang immediately cheered up and said thoughtfully: "If this is the case, we should really go through legal procedures and get endorsements from the court and the procuratorate. Only then can Ericsson be truly afraid. At that time, we must

Don't spread this matter publicly, it depends on the cooperation attitude between Changyou and Ericsson."

Zhou Buqi said: "Yes, that's the idea. If Ericsson is very rigid and confident in handling this kind of public relations crisis, and feels that Changyou's influence in Europe is insufficient and its influence is limited, that would be easy."

"Um?"

"I told you that the first person to tell me about this was Mr. Xu from Huawei."

"You mean..."

Zhang Chaoyang suddenly realized.

Huawei's current upward momentum is very strong. Relying on high-quality product quality, extremely efficient after-sales service system, and lower prices, it has become a very popular communication product manufacturer in the European market.

This will inevitably eat into the market share of European giants Ericsson and Nokia.

In this process, all parties are constantly wrestling overtly and covertly.

Huawei responded calmly and donated a batch of equipment to the EU and various governments.

Of course, don’t give up free equipment for free.

The crisis was easily resolved with one move.

It's similar to Lenovo's strategy. Lenovo computers are sold all over the world, and their market share is even higher than that of HP and Dell. It will also make people jealous.

Lenovo went even more ruthless and directly gave its products to relevant institutions under the US military. Even the US military is using Lenovo computers, which shows that Lenovo computers have no problems in terms of national defense and security, and all countries can purchase them with confidence.

From the perspective of response strategies, Huawei is smarter than Lenovo.

Although the effects of cooperation with the military can be immediate, the subsequent effects are uncontrollable. Especially because many people do not understand the cruelty and complexity of competition in the international business market, a series of conspiracy theories will arise.

This time, Zhou Buqi heard from Mr. Xu about the procurement fraud within Changyou. Behind this, Huawei probably meant to fight back against Ericsson.

This scandal is extremely disgraceful.

Once exposed, Ericsson's brand and reputation will be affected, and Huawei's living environment in the European market will be more comfortable.

Zhou Buqi said: "It depends on Ericsson's attitude, as long as they are willing to cooperate with Benefit. If they think it is a European technology leader and they can simply deal with it, then Changyou might as well do Huawei a favor, which is considered a favor."

Zhang Chaoyang supports this idea, but there is a more critical point, "What to do with Changyou's European business? It was finally established, but people's hearts are still unstable, so there has been such a big turmoil."

Zhou Buqi smiled and said: "I have been prepared!"

Zhang Chaoyang asked: "What preparations?"

Zhou Buqi said: "I have already told Mattrick that his most important task this year is to acquire the American game company Take-Two."

"I'm going!"

Zhang Chaoyang was stunned.

Of course he knows about take-two, which is a first-tier company in the field of stand-alone games. The most important thing is that take-two is headquartered in New York.

It just so happens that Changyou Future’s international headquarters is also in New York.

If the two parties merge, the future restructuring costs will be lower and the integration speed will be higher. But Take-Two is a big company, and such a big thing doesn't go through the board of directors? Why don't you just ask Mattrick to take action arbitrarily?

?

Zhou Buqi would not be polite to him, and said in a deep voice: "In this case of procurement fraud, it is not enough to just deal with these people, it must be curbed from the system. I analyzed it and found out why they dared to be so blatant

It is very important to start with procurement

One of the reasons is that Changyou urgently needs to establish a base in Europe, and they are indispensable executives. As you said, if things get too big, Changyou's business development in Europe will be greatly affected.

Influence. They are emboldened."

Zhang Chaoyang said "Yeah", "There is indeed such a factor."

Zhou Buqi said: "Changyou's goal is too high, but the time is too short. Various problems will inevitably arise in the extremely rapid business expansion. If we can merge and acquire take-two, it can be solved to a certain extent.

This question. Although Take-Two’s market value is not high, it is only 1.7 billion US dollars now, but its industrial structure is very complete. It has more than a dozen game studios and a game distribution system all over Europe and the United States.”

Zhang Chaoyang said: “We will improve Changyou’s business organization by acquiring companies with mature organizational structures.”

Zhou Buqi smiled and said, "Yes, that's what I mean. The reason why this procurement fraud case was so arrogant was because the people involved were all newly recruited. They lacked a sense of belonging to Changyou.

There is no loyalty at all. It will be different if take-two is acquired. Take-two executives will be in charge of various businesses. Using the merger and acquisition model, their sense of belonging can be transferred from take-two to Changyou.

"

In the final analysis, when Zhang Chaoyang was in charge of Changyou a few years ago, overseas business development was too slow.

As a result, the overseas foundation is too thin.

If Changyou, led by Zhou Buqi, wants to show off his talents in overseas markets, he must recruit a large number of employees in a short period of time. However, these newly hired employees are not as good as the old employees in terms of loyalty and sense of belonging. In the company organization

In terms of maturity, it is far from up to standard.

There are many problems internally.

Not to mention overseas, even if Ziweixing is in China, it cannot be too reckless when it comes to employee expansion. It must recruit in batches step by step.

If all the people are recruited in a short period of time, some management chaos will inevitably occur.

The meaning of mergers and acquisitions is, on the one hand, the acquisition of business, and on the other hand, the acquisition of people.

That's the solution.

Take-two is a large and mature international company, its main business is in Europe and the United States. If Changyou completes the acquisition of Take-two, it can alleviate the trouble of employee expansion to a certain extent and gain a one-time harvest.

Thousands of veteran employees with very mature organizational skills.

With further development on the basis of take-two, this cornerstone will be relatively stable.

At least there won't be any low-end business tricks like procurement fraud.
Chapter completed!