Chapter 640 Remember or Warn?

The next day, Yang Cheng arrived at the LV flagship store early in the morning and asked LV's stylist to help her create a capable business look, a sky blue spring suit like a clear blue sky, paired with short black hair, stylish and unrestrained Seriously, I rushed to the company by car. Today's press conference was held in the multi-function hall of the New Times Building (7Bryantpark Building was officially renamed).

Originally, Yang Sen planned to hold the press conference at the headquarters of Delta Air Lines in Atlanta, but for the sake of sensational news, he finally decided to hold the press conference in New York. After all, this is one of the largest media centers in the United States. The darling Toutiao app came to town, and with a quack order, basically all the media reporters in New York were called over, and hundreds of media practitioners gathered together.

As a result, the huge multi-functional hall was almost overwhelmed. The staff of New Era Media, who were temporarily transferred to help, were extremely busy. They tried their best to let people from various media enter the venue, but the idlers were all cleared away. Going out, it is a little bit to save some space.

There is no way, Yuanshan Capital is not well-known among the people, but New Era Media is a new big brother in the industry, and Yang Cheng, a new star in the business world, is in charge, and combined with the airline giant Delta Airlines, the financial reporters are not crazy I don't even believe it. Regarding the commercial market that has been silent for several months, there is finally a decent news breaking point. Can the reporters not be active?

Before the press conference started, there were media colleagues gathered in twos and threes to discuss today's press conference.

After setting up the SLR camera, Daniel, a reporter from the "Wall Street Journal", greeted the acquaintance next to him with his pocket in his pocket, "Hey, Clark, long time no see."

Clark is a typical Hispanic, but he was born in the United States since he was a child, and his accent is completely indistinguishable. He is a front-line reporter for the New York Times, and he is an old acquaintance with Daniel. He shrugged and responded, "I haven't seen Daniel for a long time."

After saying hello, Clark lowered his head and got busy. He was preparing questions for the question-and-answer session for a while. Come to pawn.

Before he lowered his head for a second, someone patted his shoulder again. He turned to look at Daniel in doubt, "What's the matter? I'm still working."

Daniel was not embarrassed at all, and leaned his head over to test, "Clark, you are from the New York Times, don't you know the content of today's press conference?"

Clark curled his lips, "Daniel, let's get straight to the point. Such a clumsy cover-up really insults my IQ. Anyone with a discerning eye knows that Delta Airlines is about to change."

Daniel smiled, and didn't care if his excuse was punctured, "For the sake of our acquaintance for many years, do you have any inside information? Tell me a little, so that I can go back to the business, otherwise, if I don't grab the speech in the questioning session later , I will be scolded when I go back, I have already been deducted several times this month, and if the deductions continue, our whole family will go to sleep on the street."

For Daniel's habitual misfortune, Clark was no stranger to it, and without a word of truth, he ran the train with his mouth, "No comment!"

In a hurry, Daniel took Clark's arm and said pitifully, "Don't, your editor-in-chief must have told you something before you came here, right? Tell me, what questions did he ask you to ask? Don't worry, I will never rob, I am not that kind of person !"

Clark put down his notebook helplessly, "No really, our big boss is very kind and sincere, he never cheats, he asks whatever he wants, besides this press conference is so sudden, the previous secrecy measures are very strict. Well, how could I have the inside story, you and I were notified at the same time.

If you don't believe me, just think back carefully. Did you hear the rumors about Delta Air Lines changing ownership? "

Daniel thought about it seriously, shook his head and said, "No, but you are always a group system, so it's impossible to know everything, right?"

Clark was completely speechless, he knew that if he didn't say something,

This pestering Daniel will not let himself go, "Okay, okay, the only thing I know is that this acquisition is not led by Four-Dimensional Space or New Era Media, but our boss's family company, Yuanshan Capital. Having said all that, I still have to work."

The conversation was terminated in time, and Daniel finally calmed down, pinching his chin and thinking.

After a while, the venue suddenly quieted down. It turned out that the protagonists of the press conference headed by Yang Cheng appeared one by one, including Richard Anderson, the current CEO of Delta Air Lines; Gerald Greenstein, the former chairman of the board of directors and current independent director; President of Yuanshan Capital; representatives of several major shareholders, etc.

Yang Cheng deservedly sat in seat C. Richard Anderson and Gerald Greenstein sat on the left and right sides respectively. The press conference was officially started under the control of the host. Richard Anderson was the first to speak, "Good morning, friends from the media. It's a great pleasure to meet you in New York. I also saw many familiar old faces. Several journalist friends even verified that I joined Delta in the past. The scene of aviation, time flies, we are all old."

Richard Anderson's emotional voice reverberated in this large multi-functional hall that accommodated hundreds of people. The reporters all substituted into the context of Richard Anderson's memories and felt the changes of the years in his words.

"Back in 2004, Delta Air Lines was in bankruptcy protection, and several other competitors: United Airlines, American Airlines, and Northwest Airlines, were in much the same situation. The past few decades in the airline industry have been short-sighted and many decisions have been disastrous. As a result, the relationship between the company and employees was very bad. Until 2007, when Delta Air Lines came out of bankruptcy protection, we decided to revive and make changes.

The former CEO of West Air, Gerald Greenstein, had retired, but he was appointed as the chairman of the board of directors of Delta Air Lines, responsible for restructuring matters. I was very impressed. In April 2007, when the company was able to repay its debts again At that time, Mr. Greenstein cordially invited me to join the board of directors, and in September of the same year, I was invited to serve as the company's CEO.

At the time, the board had proposed combining the CEO and chairman roles, but we didn't do that. We believed that keeping power decentralized at the top and keeping the board active was the healthiest way to run a global company.

Delta Air Lines is a large and complex organization. I don't have the skills to manage it well, so I need some help from smart people. Good help makes the job easier. Diversified talents also give the company a more comprehensive perspective .

Our number one challenge is to advance the inevitable industry consolidation. To this end, Delta Air Lines established a merger and acquisition committee to evaluate various opportunities. We want an airline with a network and assets that complement ours, and we do not want to initiate a hostile takeover , so the transaction had to be approved by the Department of Justice and successfully merged. In the end, Northwest Airlines was the only suitable target. The transaction was completed a year after our two companies came out of bankruptcy protection.

Over the next few years, we restructured our fleet, strengthened partnerships with joint ventures, increased product investment, and re-priced to better control fuel costs and meet various consumer needs.

But these goals are commonplace in airlines and other industries, and the key to Delta’s great performance is its great people and our unconventional way of doing things. "

Speaking of this, Richard Anderson couldn't help showing a proud expression. He led the team to complete these achievements, which is worthy of his pride!

"In order to bring Delta back to life, we have to learn about profit sharing and have our own code of conduct.

Our goal is to clarify that the good culture of the company, such as courage, honesty, financial discipline and operational efficiency, should be preserved.

Some of the rules are very detailed, like "don't interrupt others" because we firmly believe that behavior is a manifestation of values. I am 59 years old and I am sometimes reminded to keep quiet when others are speaking.

After two years of restructuring, we launched an employee profit-sharing program that differentiates Delta from its peers. We distribute 10% of the company's pre-tax profit and management compensation to employees in the form of bonuses every year.

A year later, we added an employee stock ownership plan, distributing 15% of the company to pilots, flight attendants, ground crew and support staff, unique in the airline industry.

The profit-sharing plan that Gerald and I developed over the ensuing years set the tone for the company's employee relations and compensation strategy. before development.

Guided by this philosophy, we ensure that everyone in the company—executives, pilots, flight attendants, ground crew—enjoys the same benefits and retirement plans, while at the same time, our management pays more than comparable companies are much lower.

Delta's employee organization has rejected proposals to unionize nine times, and we're the only major airline not to unionize, other than airlines in the Middle East.

However, we have a good relationship with the company's large alliance, the Airline Pilots Association, and many good people want to join Delta: in a recent flight attendant recruiting, we had 1,400 openings and received dozens of resumes. The number of jobs reached 100,000, and the supply of other positions in the company is also in short supply. According to our employee survey, 90% of employees will recommend Delta’s jobs to their friends and family. This is a reflection of the good working atmosphere of our Delta family! "

Hearing this, Yang Cheng couldn't help thinking, and looked outside at Richard Anderson who was speaking, "Is this old guy reminding or warning me?"

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