Chapter 1572: Everlasting Foundation

"I personally think that the biggest advantage of new energy vehicles is new energy, and the biggest shackle is also new energy," Ratan Tata said, perhaps because of the "gift package" sent by Feng Yiping.

"Yes," Feng Yiping nodded, "At present, for a long time, the cost of new energy vehicles will definitely be higher than that of internal combustion engine vehicles that have been developed very maturely,"

He has a deeper understanding of this point than anyone else.

"This is because, in the short term, it may be difficult for the power part of new energy vehicles to have a major breakthrough in technology, but," he changed the subject, "is it not the same for internal combustion engine vehicles?"

"The current transmission car engine is just too mature, so it is also difficult to have a major breakthrough?"

Ratan Tata was stunned, "From this perspective, it is true,"

"But the power system of new energy vehicles, from the current point of view, although it is mainly batteries, there are already many types of batteries to choose from. From the perspective of probability, I think that in this new field, there will be more opportunities for change or miracles,"

Feng Yiping spoke very fast "If we consider it from a longer-term perspective, there is always the anxiety of exhaustion for non-renewable energy such as oil in the short term. From this perspective, even if our attempt is unsuccessful, I think it is successful, at least it can be regarded as a trial and error,"

"After repeated trials and errors, there may be a correct one among the remaining roads that have not been taken,"

Feng Yiping's high-level words were sincerely agreed by Ratan Tata, "You are right. When we have some conditions, we must always make some beneficial attempts with a long-term perspective,"

"Of course, we must admit that such attempts contain huge opportunities, right?" Feng Yiping said with a smile.

Ratan Tata also smiled and nodded. This is a young man with a true temperament.

Any qualified businessman understands one thing: those businessmen who claim that they are considering the common interests of others or all mankind are untrustworthy and it is best not to touch them.

The most basic function of business is to make profits for oneself while serving others. Any project that deviates from this basic function is absolutely a scam.

Bezos and Musk have entered the aerospace field one after another, saying that they are considering the future of the entire human race. In fact, what they mainly value is the huge potential contained in this industry.

So many large companies and wealthy people in Europe and the United States have invested heavily in the field of life sciences. In addition to their own needs, it is also because there is huge potential here.

Pfizer has made a lot of money with just a little blue pill. We can imagine how much wealth it will mean if a company overcomes difficult problems such as AIDS or cancer?

Feng Yiping clearly knows that from now on, his foresight is only less than 10 years. Of course, he believes that in these 10 years, the group he founded will definitely achieve remarkable achievements that will attract the world's attention, but if he wants to make his business last forever, this alone is definitely not enough.

He must increase investment in hot fields, so he got involved in new energy vehicles, so he is now laying out smart devices.

However, if he wants to make his business last forever, even if he successfully grasps every hot spot, it is still not enough, and this is what he wants to discuss with Bin Laden next.

At this time, in the conference room next to them, Mike and Sean were discussing the general cooperation plan for the three projects proposed by Feng Yiping.

Even if this was a general cooperation plan, both parties were very nervous. Feng Yiping and Ladan could ignore these trivial matters, but the executives dared not relax at all. For two companies of this size, any clause in the cooperation may contain huge benefits.

"No, I think such a clause is not equal," Sean was no longer smiling in front of Feng Yiping, "The plan you proposed greatly underestimated the help and influence that Tata can provide in the development of these projects,"

Mike also changed his easy-to-talk temperament in front of Feng Yiping, "No, I think you underestimated the decisive role that Jiasheng and Feng can play in the development of these projects,..."

Represented by the two of them, the executive teams of the two companies were very careful about everything.

In the conference room, people came in and out from time to time, and they were contacting the back and other functional departments.

They also hoped that the two bosses would speak and make convincing decisions on some issues. They certainly did not expect that the issues their bosses were talking about at this time had nothing to do with the issues they were not giving in to at the moment.

…………

"Mr. Ratan," Feng Yiping changed his previous relaxed state and asked him with a very upright posture, "We all know that the Tata Group has been developing for nearly a century and a half, and it is still full of vitality. This indicates that Tata is completely likely to continue healthily for another century and a half, and another century and a half."

Ratan Tata saw Feng Yiping's seriousness and did not rush to thank him for his praise.

"So, as the head of such a long-lived enterprise, what do you think are the most important aspects for an enterprise to be able to continue stably?"

Yes, Feng Yiping is now naturally considering the continuation and life of the company.

He has also thought about this question for a long time, but he has not come up with an answer that satisfies him. Tata should be a good consulting object.

"First of all, thank you for your compliment," Ladan also adjusted his sitting posture. He looked at the young man bathed in the sun opposite him and once again raised his opinion of him.

He is only in his twenties now, but he is actually thinking about such a serious and long-term problem. This very intuitively illustrates his intention, or ambition: he also wants to make his company a long-lived enterprise.

"You know, as an heir, I don't have a deep understanding of this issue either. Perhaps I can share some Tata stories with you,"

"In the 1870s, our founder, Mr. Jamsetji, worked in the UK for four years for his cotton trade,"

"He was deeply impressed by the UK at that time. Manchester's tall chimneys, railways, and carts of wealth created a glory that we could not reach, but that was not all he saw,"

"Later he wrote in his diary that this was the most glorious achievement of the British Empire, but also the dark corner under the gorgeous appearance of the British Empire. People worked day and night in the cold north, and children worked in and out of the bottom of the textile machines for a penny a day. Picking up fallen cotton wool, the poor seemed to have no chance to change their fate except being squeezed desperately...,"

"All this he saw had a profound impact on him, so in 1877, he set up ventilation ducts and exhaust fans in his own textile factory, implemented an apprentice training program, and each worker was covered by insurance and pensions. Women also enjoyed maternity leave and a special nursery room...,"

"25 years before the promulgation of the British Factory Act, which was considered the most advanced, the factory he founded in a British colony had already formulated more generous employment conditions, such as employee training programs, pensions and retirement systems,"

Feng Yiping believed that the things Laden told must have been beautified, but in 1877, it was indeed worthy of respect to be able to do such a thing.

But he also believed that in our country, at that time, there must be similar enterprises.

It is even possible to do it more humanely and scientifically. After all, we all know that Shanxi merchants implemented the body share system very early.

At that time, there should be no shortage of employers in China who care about all aspects of employees' lives.

"The real development of the Tata Group was during the tenure of the second head, Mr. RD Tata. He completed the unfulfilled dream of Mr. Jamsetji and built our steel company,"

"Today, the steel company has developed into a steel city with a million residents, but do you know that there is no suffocating pollution in this steel city? On the contrary, it should be one of the most livable cities in our country,"

"The problems you encountered in Bangalore are not a problem there at all. Like in the United States, the tap water there can be drunk directly,"

"One thing should be a good proof. This city named after Mr. Jamsetji and managed by Tata Steel is the only city in India where private enterprises are responsible for public management. Our government has twice hoped to take over the city administration, but it has been strongly opposed by the local people," Ratan Tata said with a proud smile.

"If you have time, I hope you can visit that city. That garden-style steel city is the pride of our Tata and a direct embodiment of some of our ideas,"

Feng Yiping's eyes lit up at this time. Doesn't this coincide with his own ideas?

Wuli'ao, which was once impoverished, has now undergone very remarkable changes under his own efforts.

He is really interested in that city.

"At the same time, we have been vigorously supporting the country's education. As early as 1892, we founded India's first charitable trust fund: Jamsetji Tata Education Endowment Fund,"

"During the British colonial period, one out of every five Indian students who went to study in the UK and other Western countries received funding from our foundation,"

Well, I am currently doing this.

"Mr. RD Tata also made another important move. He established two charitable trust funds and injected all the family's assets into them. At the same time, through the re-established corporate structure, the two foundations were guaranteed to have controlling rights over the group's subsidiaries,"

"This completely dilutes the shares held by family heirs like you," Feng Yiping thought for a moment and said immediately.

When a large family develops, it will always face the problem of property division. If there are two children, there may be four grandchildren... After generations of division, coupled with the inevitable internal friction, perhaps the company that was once prominent will disappear without a trace.

"Yes, we think that it is his move that has turned Tata from a family business into a business family," Tata said with a smile.

This seems to be a good way, but Feng Yiping does not know much about this aspect at present.

"Can I summarize it this way? Regardless of the changes in the overall environment, if a company wants to live long, it must have a sense of social responsibility," Feng Yiping said.

He believes that he has no lack of this.

He may boast that there are entrepreneurs in the world who have a stronger sense of social responsibility than him, but they are definitely very limited.

To be honest, since he woke up on the mountain behind the village that summer vacation, he knew that he didn't have to worry about money and should pursue other higher goals.

"I think, at least this is a very important factor. A company that only considers profits and making money may have good development in a period of time, but it is definitely not enough to guarantee its longevity,"

"This is equivalent to the character of an enterprise," Feng Yiping said.

"Well, it can be compared like this," Ladan nodded.

"Then, another question is, how to choose a successor?" Feng Yiping then asked another key question.

Human factors, especially the person in charge, will naturally greatly affect the fate of a company.

Ladan looked at the doubts in Feng Yiping's eyes and immediately knew that he must have thought a lot about this issue.

He considered both the longevity of the enterprise and the selection of successors. This naturally shows his confidence in starting his own company from one aspect, and it is not just short-term confidence.

He sighed again, this is really a demon young man.