Chapter 2997 Do You Regret It?

"Of course, we must also consider the quick ratio and other technical issues here. We will not discuss these technical issues for the time being."

The discussion below became louder and louder. In other words, you should not only have low debt, but also emphasize the ability to repay short-term debts, that is, have more cash and other assets that are easy to cash out...

Many people don't understand how a boss who was very successful when he was a minor and had a very smooth journey could have such a strong sense of crisis. After all, you have never encountered any major setbacks.

Or, it is because of his persistence that he can walk so steadily?

There are also some people, including Lao Ma, who have seen his ambition from Feng Yiping's persistence. It seems that this guy will not be satisfied with even building a century-old store.

This makes them feel at ease.

If the company can develop steadily, they can also develop steadily. No one likes turbulence.

But Feng Yiping's next words made them understand that some things cannot be thought too beautifully.

"Third, we must always maintain the vitality of the team,"

"Regarding this, we must ensure the following aspects. First, our executives, whether it is me, or the CEOs and VPs, we all need to establish a resignation mechanism,"

"This is not only to give new people opportunities, but also because when we stay in a position for too long, it is not good for our team or individuals,"

"In this regard, Nortel also provides us with a good reference. We see that it was John Ross who made Nortel rise and fall,"

"We can also look at Disney. Disney grew during the tenure of former CEO Michael Eisner, and also fell into trouble during his tenure..."

"Similar examples are too numerous to mention, so no matter a responsible person is responsible for a resignation, he should be responsible for a resignation. No matter how outstanding and brilliant the person in charge is, we should also limit his term of office,"

"It is difficult for us to see that when a senior executive, even the person in charge of the technical department who pays great attention to accumulation, works in the same position for too long, it will not bring negative impact to the entire team,"

"Staying in one position for a long time will make it difficult for us and the team to have opportunities for improvement, and we will inertialy follow the previous model, but there has never been a model that can perfectly cope with all challenges,"

"We can now see that even Jack Welch, who was once worshipped as a god, is no exception,"

"The higher the position, the more fatal the negative impact may be,"

Everyone, including Mayer and Lao Ma, felt the pressure.

They all knew that there would not be too many opportunities like theirs in the world, that is, when the term of office is over, it will be difficult to find a better platform.

Even those who want to become CEOs want to say at this time, isn't the lifetime system good?

But they can't say anything against it. You see, Feng Yiping's words include himself, and according to his plan, he may be the first one to retire among those present.

But it seems that there are workarounds. For example, when transferring between companies, the COO is the COO, but Facebook has it, and Twitter has it too.

"My personal opinion is that, for example, the CEO's term of office should be 10 years at most, which should be more appropriate,"

Only 10 years?

"Or, 15 years?" Feng Yiping said, "I haven't finalized it yet, but I think, in any case, it should not exceed 15 years,"

Zuckerberg immediately glanced at Mike. It seems that it would be good to let Mike stay in the position of CEO for a few more years.

Some people think further.

Like Hastings, he wanted to learn from the political arena at the first time, so does the current Russian model allow it?

"Another important aspect of keeping our team alive, I think, or I insist, is that when facing setbacks, we senior executives should take the initiative to take responsibility,"

"I hope everyone can lead their teams in this way,"

"At the same time, this means that when we mess up, we can't get away with a generous compensation,"

Oh, many people are sighing secretly.

It sounds like these days will really be getting harder and harder.

But this is not the end, "The third point..."

And?

Many people looked at the prosperous downtown Toronto over there, why do they feel that the noose on their bodies is getting more and more, and getting tighter and tighter?

The third of the four principles took up the largest space in Feng Yiping's summary speech, and the last one was the least emphasized, "Comprehensively strengthen our internal supervision work,"

"We can see that in order to satisfy the board of directors and to get high rewards for themselves, the behavior of choosing to falsify accounts can be said to be the main reason for the collapse of an excellent company like Nortel."

As Canada's largest and most well-known high-tech company, when Nortel was in trouble, the Canadian government did not consider providing support, but Nortel's financial fraud completely cut off such a possibility.

"...In this regard, we must absolutely ensure that such a vicious incident will never happen!"

…………

Feng Yiping stood on the highest deck of the cruise ship and watched it slowly approach the shore.

He took a general look and found that most people were gathered on various decks at this time, with few staying in the cabin. It seemed that no one was in the mood to enjoy the services on this luxury cruise ship.

"I think many people may regret coming here," Lao Ma tightly grasped the railing with both hands and looked down. That posture made Feng Yiping doubt whether he wanted to jump.

There is no such thing as your wild girlfriend here, so there is really no need to jump in and test the depth of the lake.

He noticed that Lao Ma's expression was not as relaxed as it was at the beginning.

"Maybe now, but when they are in the bar at night, they will be happy again," Feng Yiping said, "Also, do you regret coming here, Lao Ma?"

…………

When he got a call from Charlie Kidder in Seattle, Ballmer simply said, "Hi, Charlie."

Charlie Kidder immediately heard his boss's perfunctory tone, "Don't you even care about my progress?"

"Steve, regarding tomorrow's quotation..." He briefly reported the problems he encountered to Ballmer.

But after he finished speaking for almost a minute, there was still no response, so he had to call out, "Steve."

Ballmer said quietly, "Oh, what?"

It sounds like he just woke up from sleep.

Charlie Kidder regretted making this call for a moment, he might as well have sent an email.

But he had to repeat it again. This time, Ballmer agreed, but in fact, he was still thinking about his own problems.

He has been wondering for the past two days whether Microsoft should get involved in the acquisition that Feng Yiping did not invite him to, that is, the acquisition of Motorola.

The main reason is that he is worried that if Motorola is acquired by Feng Yiping, the situation will be reversed and it will be difficult for Microsoft to respond to Android's patent offensive.

In the lawsuit with Motorola, Motorola accused Microsoft of infringing its patents on its Xbox, Windows 7, Windows Phone 7 and other products, and demanded a patent tax of 2.25% of the product's retail price. Based on this data, the assistants concluded that they had The related patent licensing fees to be paid will be as high as 400 million US dollars.

Starting at $400 million per year?

It's hard for Ballmer to agree that no one's money comes from strong winds - although Microsoft's is a bit like that.

But Feng Yiping currently has a great advantage in acquiring Motorola, and even if he bids for it, he may not be able to beat him.

What's more, in this regard, Microsoft is not without goals. Many people have also seen that Nokia is their favorite.

The problem is that Nokia's current market value still exceeds US$20 billion, and Feng Yiping quoted a high price of US$12 billion for Motorola, which has a market value of less than US$7 billion, a premium of more than 60%.

If they want to win Nokia now, then Nokia must at least enjoy such treatment, which amounts to more than 30 billion US dollars.

This is a price they are not willing to pay.

Another possible target can only be BlackBerry, but its market value is still nearly 13 billion US dollars, with a premium of 60%, which is also hard to swallow!

Ballmer, who was still thinking about this problem, didn't take Charlie Kidder's reaction to heart. When he asked again, "Should we support it," he said casually, "In this regard, It doesn’t matter if you respect Android’s opinion,”

Kidder really wants to ask again, are you sure you heard me clearly?