Chapter 1426 The Sorrow of Diversity

Yingjiang likes to tout the American dream, but in William White’s view, the so-called American dream means that if you succeed, you will have a dream. If you fail, you can only dream.

Although there are many doubts about William White's business model, due to its success time and time again, it's really hard to say anything else.

Of course, carrying sperm is indispensable everywhere. When he returned to the company, William White was originally in a good mood. When he saw the briefing brought by his assistant, his joyful mood immediately disappeared.

It is said that there are many famous people and right and wrong, but now William White is like WiFi, just one person wants to use it. If you were talking about his tidbits, he wouldn't have cared about it for a long time. As for the so-called lice and debts, since you are destined to be a scumbag, you can just say whatever you want. Strangely enough, the darker it gets, the more women plan to climb into his bed.

Howard Hughes No. 2, this sentence has been said badly. Or, there are also many people who are looking forward to it, it would be great if this guy was like Howard Hughes. In this way, we can naturally divide his industry.

"Lisa, what's going on with this Jack Welch? Who is setting the pace these days? Why am I second to Jack Welch?

Don’t they know that, aside from their age, neither Howard Hughes nor Jack Welch accomplished as much as I did. "

"Yes, you are the best. Those guys are just jealous. Boss, I have been very good lately."

William White was a little speechless, my friend has been suffering from huge losses recently. Damn, it’s not hand sanitizer, you press it and it comes out. As you get older, the production cycle will become longer. This is without overdraft. If there is a serious overdraft, you will not be able to make up for it in three to five months.

Damn it, when I see a girl I feel like vomiting, how can I go out and hang out?

"It's working time now, so what, this matter must be taken seriously. I said, your boss has been hacked like this, why are you still so careless.

Next time you do this, be careful I punish you. "

The assistant rolled her eyes, Niao Tingting twisted her waist and left.

Um, William White is speechless. He seemed to remember that what this girl likes most is to be punished, you say so, but she plans to reward her.

He shook his head to block out those inappropriate images. The assistant is cruel and brainless, but he, William White, is not. Obviously, except for his media, almost all financial media are comparing GE with him.

Diversification has been talked about for so many years, and so many companies have tried it. However, the only truly successful diversified companies seem to be White and General.

Or no one knows that William White is actually opposed to diversity. Oh my god, if he really admired Jack Welch, he wouldn't have so many companies in his hands now. A White Group can handle everything.

If nothing else, TV production and distribution have been divested from NBC, so what nonsense are you talking about about diversity? A TV station will be dismantled to pieces. If you combine all the industries, are you planning to kill the Ministry of Justice?

"Um, are you planning to leave?" When the assistant came back again, he had some more information. It was obvious that he was deliberately making himself angry.

"Yes, boss, GM's stock price has been fluctuating since the news broke. These briefings are given to you every day."

William White smiled bitterly. If this were ancient times, he would need to read more texts than any diligent emperor. But, his dream is to become a foolish king!

"Diversity? Are these people stupid?" Buffett, who was also grabbing a newspaper, was a little amused. Of course he thought Jack Welch was an outstanding CEO. If you are lucky enough to become a shareholder of General Electric, then you will indeed receive very high returns during the twenty years this man has been CEO.

It has a market capitalization of US$600 billion and a profit of over 10 billion US dollars a year. Even if you want to say that he is not great, the facts are in front of you and there is no way to deny it.

Charlie Munger shook his head and sighed: "Well, it's not that they don't understand, it's that Franklin covered their eyes."

Well, Buffett is very surprised. In order to avoid being disturbed by off-site news, the old guy rarely cares about irrelevant news. In this way, he naturally does not know that William White has been either on the headlines or on his way to the headlines recently. .

Of course, Charlie Munger doesn’t want to talk about this topic. It’s just a game and strife between the plutocrats. It is so easy to be the leader. Whether it is between countries or between consortiums, the relationship between the boss and the second and third children will not be very good.

"One is a boss and the other is a professional manager. The difference is really huge. GE actually has many problems. Let me tell you, Jack is planning to quit quickly.

In fact, a CEO with more than 20 years of experience may not be suitable for a company. "

Buffett agrees with Charlie Munger’s words. Professional managers focus on profits and stock prices. Generally speaking, in addition to a hefty basic salary, they all have a gambling agreement with the board of directors.

If you have completed the goal plan, there is nothing to say. Equity incentives are for this situation. Of course, if you fail to fulfill the agreement, even if you are not fired, you will not be given any options.

Do you really think Jack Welch likes acquisitions so much?

Every acquisition will be frantic, with layoffs, outsourcing, and every possible effort to reduce costs. Speaking of this, William White did learn a lesson.

What? You are actually imitating, you are so out of style.

What are you thinking? One-third of the CEOs of Fortune 500 companies are from General Motors. In William White's view, a market value of 600 billion is not worth bragging about. There will be many with a trillion in the future. It’s not unusual to have a profit of tens of billions. You already have a P/E ratio of 60 times. If you can’t maintain rapid growth, why should shareholders give you such a high P/E ratio?

Being able to be said to be the number one CEO and no one objects is actually about cultivating talents. Helping companies around the world train CEOs, this is a tough thing to say.

Remember, it’s the whole world. This guy taught Little Japan lean production and Six Sigma, and also helped Big Rabbit Country train many managers. Seriously, this is an open and proud company.

Unfortunately, driven by the system, as long as anyone plans to take over GM, there will be a disaster waiting for him.

William White can shrink the front or accept a certain degree of loss. So it doesn't matter to him. If you leave it in his hands, the first thing he needs to do is sell it.

The manufacturing industry in the United States is over. Even if Peanutton doesn't carry out that idiotic de-industrialization, there is no hope for the manufacturing industry in the United States. No matter how you outsource and reduce costs, there is always a fact that demand is declining.

So, in the face of this situation, the more diversified it is, the more difficult it is to deal with it. If you can't cut off your positions decisively, it's unreasonable for you not to be finished.