Chapter 1332 I Am More Ruthless than You Think (Big Chapter)

"...the manager of the No. 3 store in Shimen, Bei'an is absent...the manager of the Lujiang Chengnan branch is absent..."

The chief executive's voice was a little hoarse, and he couldn't hold on halfway through, so Bai Su replaced him for a while.

At 2:15, the situation at the meeting was fully reported.

At this time, the entire meeting room was extremely quiet.

The absence of Du Juan from the board of directors is justifiable.

The absence of the directors of the seven centers and the three centers is justifiable, because the Huang family took two people away, and the remaining one is still unclear.

In the seven districts, the two presidents were absent. This depends on the specific situation.

At the top level, the absence rate is not high.

After all, they are eye-catching, and it is inappropriate not to come, Li Dong will also notice.

But the following city managers, more than 30 people did not show up, nor did they participate in the video conference.

Manager, that's scary, more than 300 people didn't show up!

People didn't say anything before they arrived, and some didn't even ask for leave.

Anyway, he is a store manager. Does Li Dong still pay attention to this level?

Not to mention Li Dong, even the person in charge of the meeting may not necessarily be able to pay attention.

At this time, the statistics came out, and they were reported just now, and they were counted by others.

...

At the front desk, for more than an hour, Li Dong didn't sit down, but just stood at the front, looking directly at the entire venue.

After the report was over, Li Dong said slowly: "The year is approaching and everyone is busy, I can understand.

It's a long way to go, and I can't come, and I can understand it.

When Gome first entered a distant place, I was at a loss for a while, and I also understand.

However, understanding does not mean condoning.

One in five absences!

This is Gome's efficiency, Gome's execution? "

When Li Dong said the last sentence, his face turned cold,

He scolded: "In the distance, the absence rate of each meeting will not exceed 5%!

Whether it is a small meeting or a meeting of thousands of people, this has never happened before!

I said a meeting two days in advance, no one will take it seriously!

Now that you have joined Yuanfang, you have to adapt to Yuanfang's rhythm, to my Li Dong's rhythm!

At the store manager level, I can understand them. Some store managers may not have received the news!

But has anyone above the city manager not received the news?

Anyone who hasn't received it, tell me now, I will fire all those in charge of administration! "

Under the stage, everyone was extremely quiet.

The administrative director looked helpless, if someone framed him now, it would not be a big loss.

If I really want to fire all of them, where can I go to reason.

Just when she was feeling uneasy, Cheng Xiao coughed lightly and said, "Mr. Li, the administration should have been informed."

Li Dong said with a smile: "In that case, let me ask, Director Zheng of the Supervision Center, where is he now? What are you busy with?"

"this……"

Cheng Xiao was at a loss for words for a while, Li Dong looked around and said, "Is the deputy director of the monitoring center here?"

"arrive!"

As soon as Li Dong finished speaking, someone stood up and looked at Li Dong anxiously.

Li Dong glanced at him, and said lightly: "Where is your director?"

"This...I...I'm not too clear..."

Li Dong said coldly: "What? During working hours, as the deputy director, you don't even know where the supervisor is going?"

The deputy director's head was covered with cold sweat, and he said dryly: "Generally, we don't tell us about Director Zheng, so..."

"Director Zhou, you said that the other party asked for leave. What is the reason for asking for leave?"

The administrative director said in a hoarse voice: "Director Zheng said that he is not feeling well..."

"How is his attendance rate? Does he ask for leave frequently?" Li Dong asked again.

The administrative director hesitated for a while before saying: "Director Zheng is a bit old and not in good health, so the frequency of asking for leave is a bit high..."

"Now that you are old, you should take care of your health.

Let the other party resign voluntarily and compensate three months' wages.

If you don't voluntarily resign, you will be dealt with as dereliction of duty and fired directly. I don't need to explain the reason, you know it yourself!

Let the other party come to handover at the beginning of next year, the notification is in place, and the compensation will be canceled if the person does not arrive. "

Li Dong left these words, and continued, regardless of other people's expressions, "The two directors of the financial center and the home appliance business center have offered to resign, and these three departments are temporarily handed over to the deputy directors.

For specific personnel issues, President Wang Yue went to the board of directors for discussion afterwards, and re-determined the position of department director.

The presidents of the Northwest and Southwest regions, Mr. Zhang from the Northwest region has a mission, and he explained to Mr. Wang in advance that the situation in the southwest is not clear.

Since we don't even know the whereabouts of the district president at our headquarters, what kind of boss are we?

Let him pack up and get out!

The general manager at the provincial level, if he didn't show up, he will consider it after the fact, discuss it with the board of directors, and if the reason is nonsense, he will be fired and get out, and the vice president will take over!

The city manager level is handled in the same way.

As for the store managers, it just so happened that a new batch of reserve store managers in the distance has just finished training, and there are about a hundred of them.

For the 300 store managers who didn't show up, you should find a way to free up 100 vacancies and let the reserve store managers from far away take over.

As for the personnel issues before the meeting, that's it for now. "

Li Dong said, sat down and said, "Start now, the official meeting begins."

He said it was officially over, but the people below were already dumbfounded.

They knew that Li Dong was going to take a knife, but they never expected that it would be like this!

Three directors, one regional president, plus an unknown number of provincial company bosses, city managers, and 100 store managers!

This ratio is too scary.

Over the years of Gome, I am afraid that there are not so many managements who have left and changed jobs.

In one meeting, hundreds of people were directly expelled, just because one meeting did not arrive. Li Dong's ruthlessness almost refreshed their bottom line.

The people in Gome suddenly became noisy.

this is too scary!

Everyone is at risk!

They were noisy, and the people in the distance had expressions of course.

Including Cheng Xiao and the others, they didn't say anything.

The meeting was just a cover, and Li Dong was going to be cleaned up, they had guessed it a long time ago.

But the Chinese New Year is not too good for people, which is indeed somewhat beyond everyone's expectations.

Including Sun Tao, this special person who attended the meeting was a little surprised.

Before, Li Dong said, instead of doing it a year ago, hundreds of people have been expelled now. This is not the rhythm of a good year.

He even began to wonder if this was just a sign.

Later, Li Dong may have even bigger movements.

Today's 100 people may be just the beginning. With a management team of 2,000 people, the turnover rate is around 10%, which Gome can afford.

In other words, maybe in the future, hundreds of people will be kicked out of this team.

...

Regardless of what other people think, Li Dong said loudly: "2008 has passed, and everyone knows what happened at the end of 2008.

Some people go, some people come.

Yuanfang officially took over Gome and holds 100% of the shares. That is to say, Gome has become a private company from a listed group.

Some people, I'm afraid some are not used to it, and some can't accept it.

However, whether you adapt or not, accept it or not, it is true.

If you can accept it, that's the best, if you can't accept it, I don't care how you scold and miss me after you finish your job!

But you didn’t complete your job, and you showed slack during working hours and incited employees’ emotions, then I’m sorry, or you can get out, or I’ll let you get out!

I will only say these things once, and I will not repeat them.

In addition, Gome is about to introduce a new welfare policy. I won't say much about it. The board of directors will announce it and implement it during the official working period next year.

Not to mention the specifics, but in general it is beneficial to everyone, just one topic, the wages have increased, the treatment has increased, and it is in line with the distance, that's it. "

Under the stage, low voices of discussion sounded.

Li Dong coughed lightly and said, "We will discuss after the meeting, keep quiet now!"

As soon as these words came out, the meeting room fell silent again.

"Next, let me talk about the Gome structure.

At present, Gome has just entered the Yuanfang system, and I will not make too many changes for the time being.

However, there are a few points that I want to make clear.

First, Gome's logistics system was merged into Yuanfang Logistics, and all logistics business was taken over by Yuanfang Logistics.

Some distribution centers, storage centers, the cancellation of the cancellation, the sale of the shot.

Yuanfang's logistics and warehousing system spreads all over the country, which is much more developed and efficient than Gome, which can effectively save a lot of costs and expenses.

Second, Gome's supply chain channels.

I said at the press conference before that Gome and Yuanfang will get through the background data as soon as possible.

Once the data is connected, some problems will be much easier to handle. In terms of channels, some overlapping with remote channels will also be merged and taken over by the remote channel department.

Third, change cards.

I have said this before, but some people don’t know much about it. Let me say it again, starting from the beginning of the year, Gome will change its brand and replace it with Yuanfang Gome.

In fact, according to my original intention, Gome was merged into Yuanfang Retail Group.

But after all, newcomers, there are some things that everyone is not used to.

Then I am not in a hurry, I will give you time to adapt slowly and slowly integrate into Yuanfang, and strive to fully integrate Gome into the Yuanfang system next year and become an official member of Yuanfang.

The merger of retail businesses will save us countless expenses and increase our competitiveness.

The delisting of Gome is nothing. Some people will feel sorry, but in my opinion, there is nothing to regret!

Gome went public, and at its peak, its market value was only HK$50 billion!

This is not my style, Li Dong, you are satisfied with 50 billion Hong Kong dollars?

When Gome merged into Yuanfang, Yuanfang Retail Group expanded again and became a super retail group with an annual revenue of nearly 300 billion!

At that time, we will absorb and digest all the fruits, is 400 billion still far away?

500 billion far away?

This kind of distant retail will be 50 billion when it is listed again?

Almost 500 billion!

Therefore, if you have regrets, you can take it easy and set your sights higher. I never think that a group with a value of less than 100 billion is worth going public. "

After saying this, Cheng Xiao, including Wang Yue, were a little stunned and blushed.

What a big tone!

It's really big!

At this stage, how many groups are there in China with a market value of 100 billion?

Not much really!

But according to Li Dong's point of view, below 100 billion, there is no value for listing, which is too shocking.

At this moment, quite a few management members knew Li Dong vaguely.

It is said that Li Dong in the distance has a scary tone, and he really deserves his reputation.

Of course, Li Dong's tone is big, but it has to be said that he is qualified to say such a big tone.

For Yuanfang retail, including the mall, it will not be difficult for the annual revenue to exceed 300 billion next year.

If it is 400 billion, it will be difficult for physical stores. Unless the scale is expanded again, it will have to be very large.

But it's hard to say about the mall, maybe 400 billion is really hopeful.

Once it reaches a revenue scale of 400 billion, it will be really scary.

Each industry is different, listed companies have different price-to-earnings ratios, and naturally their market values ​​are also different.

Internet companies needless to say, a price-earnings ratio of several hundred times is very common.

In terms of industry, it is much lower.

There are not many retail companies listed in Huaxia, but from a global perspective, the price-earnings ratio is generally above 10 times.

The so-called price-earnings ratio is roughly the ratio of market value to annual profit.

For example, the annual profit is 20 billion, based on 10 times the price-earnings ratio, the market value is about 200 billion.

Of course, 10 times is only an approximate situation.

Each company is different, and it is not uncommon for real companies to have a price-earnings ratio of more than 10 times.

Once Yuanfang Retail's revenue really reaches 400 billion yuan, and the annual profit can reach 7%, it will be close to 30 billion yuan in profit.

Even if the price-earnings ratio is 10 times, it is still a market value of about 300 billion.

At present, domestic companies with such a market value are really rare, and most of them are monopoly companies, such as banks, such as telecommunications, such as the energy industry.

And Yuanfang Retail is only a subgroup of Yuanfang.

Once the Internet industry in the distance is listed, it may explode with greater potential.

It's not that I don't know, but after a calculation, everyone's heart trembled.

Perhaps, the trillion-dollar group that Li Dong advertised to the outside world can be realized in a few years.

All the industries under Yuanfang are listed, and the market conditions are better. Trillion is not a dream.

Of course, it is not enough at present, but according to this trend, three or two years may be enough.

Li Dong said a few words, then continued: "Of course, dreaming is useless, you have to work hard!

Last year, at Yuanfang's annual meeting, I stated a lot of goals, and Yuanfang achieved them all.

Do you think this realization came out of thin air?

That is the result of our hard work!

For a whole year, none of the senior management in the distant place took more than 10 days off, and no one asked for more than 10 days off!

Can Gome do it here?

Of course, you may say, why should I be so tired? If I change a company, I can still live easily.

I don't have much to say about this kind of person.

Let me briefly talk about a statistic. Last year, it didn’t include stock option rewards or future prospects, but only salary and bonuses.

Last year, Yuanfang had a total of 11 managers with an annual salary of more than 10 million yuan.

There are a total of 187 people with more than one million, plus some staff who receive commissions.

More than 500,000 people, that's too many, probably more than 300 people, I haven't counted them in detail, maybe more.

Add it all together, and it counts as 500 people.

Let me just ask, how many of you here have an annual salary of more than 500,000? "

Everyone in the audience looked at each other in blank dismay. It was really hard to answer this question.

Not counting some messy kickbacks and some gray income, there are almost no store managers and almost no city managers who can really get an annual salary of more than 500,000.

At the level of the president of the provincial company, there is hope.

At this time, the money is still quite valuable. When all these things are added up, there are only about 100 people in Gome.

Although the scale of Yuanfang is about three times that of Gome, its senior management is not much larger than that of Gome. There are about 2,000 people in Gome plus store managers.

On the far side, there are about 2,500 to 3,000 people.

That is to say, the proportion of management with an annual salary of 500,000 in Yuanfang is between 20%, and that of Gome is only 5%.

Of course, general store managers are not considered management, and many companies will eliminate them.

But if we really want to eliminate it, the proportion in the distance may be higher.

Everyone fell silent.

There is nothing to say about the treatment in the distance, the basic salary is actually only a small head, the key lies in the bonus and other benefits.

The newly rising Yuanfang is willing to pay this capital.

In addition, Li Dong holds the power alone and does not need to pay dividends to shareholders. The company's income is much higher than that of Gome, and the management's treatment is naturally much better.

Seeing that they were silent, Li Dong said in a deep voice: "Effort and reward are directly proportional!

In the distance, as long as you work hard, then I, Li Dong, will not treat you badly. I never feel sorry for the money that should be given to you!

Every year, the bonuses we hand out alone amount to hundreds of millions or even billions!

Every year at the end of the year, we will have a large-scale cash reward plan. Ordinary employees, excellent employees, after one year, it is not uncommon to get 400,000.5 million in bonuses alone!

And all of this was won by themselves!

Almost everyone who is a store manager in a distant place, who buys a house or a car, has this ability.

And all of this laid the foundation for being the No. 1 private enterprise in Yuanfang in 2008!

It took Yuanfang five years to generate more than 200 billion yuan in revenue!

What about Gome?

22 years!

You guys keep going back and forth, and to be honest, I'm disappointed.

Especially in 2008, it was even worse than in 2007. Everyone is making progress, but you are regressing. It is shameful!

Stop doing things with the mind of the first retailer and the first home appliance.

You are not the first!

Not only is it not the first, it can't even enter the top three!

In 2008, although the data has not yet come out, I know that Yuanfang is the first.

Suning and Bailian, it is difficult to say who is the second and third, but both have exceeded 100 billion in revenue.

Fourth, it may be Hualian, of course, it may be Gome.

Not only depends on the revenue, but also depends on the profit. In terms of profit alone, you may not even make it into the top ten. Is it embarrassing?

Others can tolerate and muddle along, but I, Li Dong, can't!

In 2009, with me, Li Dong, Gome's revenue must exceed 100 billion, and the profit must exceed 5 billion or more!

I can't do it, I would rather auction off Gome's fixed assets and disband the entire Gome Group, than raise some moths!

Don't think I can't do it, I've always said what I say.

I rarely give tasks to others, but if I do, you have to complete them for me!

If I can't finish it, I will not keep any of the people who participated in the meeting today!

You are confident that you can find a better job, so you can do it yourself. The huge Gome has been torn apart by you. I would like to see how many companies are willing to take your job? "

Silence, or dead silence.

In the entire conference room, not even the sound of breathing could be heard.

Li Dong said it too harshly, and also said it too harshly.

Once the task cannot be completed, no one will be left behind!

This is really no different from disbanding Gome.

In this way, the low-level personnel are fine, but the high-level personnel, as he said, may have a bad reputation in the industry.

Gome has been tossed and finished, and because of performance issues and other issues, they were all fired. What a good reputation this can have.

Li Dong dare?

He spent more than 40 billion on Gome, is he willing?

Auctioning Gome's fixed assets, it's not bad to get half of the cost, and lose 20 billion a year. Is Li Dong willing to pay this price?

This is really hard to say.

Li Dong was quiet for a while, and when no one spoke, he continued: "In addition, I want to explain in advance that Gome's assessment system and supervision system will undergo a major change in the future.

The capable go up and the mediocre go down, this is an eternal truth.

If you want to take money, take my Li Dong's money, then you have to have this ability.

The attrition rate was so high that I couldn't believe it, and the profit was so low that I almost thought I was wrong, but you guys are really capable!

Or do you think that I, Li Dong, really don't understand this at all?

I have been running Yuanfang for five years, and I dare not say that I know every position well, but I still know about it in general.

This kind of abnormal data can also deceive others.

Others have feelings for you, I have no feelings for more than 20 years!

Play this set with me, don't blame me for being cruel!

In the past five years in the distance, not one or two people have been sent to prison. After a year, Gome will conduct a major investigation!

1,080 stores, all of which have been thoroughly inspected, I will not go back too long for the inspection time, just all the data in 2008!

Don't look into the past. Before 2008, I didn't care about you. After 2008, there are some things that you should consider for yourself.

There are hundreds of people in the monitoring team in the distance. I don't think there is anything that can be hidden from the investigation.

Don't think I'm harsh and cold-blooded..."

Li Dong said after a pause: "Because, I am more severe and cold-blooded than you imagined!

Heavy codes are used in troubled times, I told the Minister of Supervision in the distance, and I also give it to you!

If you feel uncomfortable working in Gome, you can resign.

Although I'm short of people, I'd rather paralyze part of the system than make some moths cheaper. Maybe some people leave. I can use one-third of Gome to create the previous profits!

On this point, I am very sure, don't think it is impossible, you all know yourselves.

Also, there is no shortage of people in this world, there is really no shortage, the senior elite at the helm cannot be found, it is hard to find, middle management, I can easily find a lot.

Some people left just right, and even saved compensation, leaving room for others to advance.

Gome in the future will only be better and more promising.

This meeting is a warning and reminder, but also an opportunity.

Those with foresight and ability can seize this opportunity.

Those who have no vision and ability, give up such an opportunity, I wish for it!

That's all for now. Next, Mr. Wang will preside over the meeting. Everyone should go back and think about it. If you want to leave, take advantage of the end of the year and leave now. You can just start looking for a job at the beginning of next year. It's good without delay. "

Li Dong talked at length for a while, patted his buttocks, turned and left.

As soon as he left the meeting room, there were bursts of panting sounds in the whole meeting room.

This guy, sure enough, the rumors are true, he is scary with confidence, but also scary with coldness, and finally he is scary with dictatorship, even more independent than Huang.