Chapter 1424 Fifteen Subsidiaries
meeting room.
After talking about the main direction, Li Dong continued: "Next, Haiying will lead a team to Shenzhen City to try to fully receive Paipai."
The so-called integrity, the most important thing is naturally the merchant.
The key to a third-party platform lies in the number of merchants and products. As for consumers, it is completely possible to attract traffic.
Yuanfang still has a lot of experience in drainage, and has now formed a set of skilled procedures.
Tan Haiying responded, and Li Dong said again: "Mr. Cao, you also go with me."
Cao Jinsheng also nodded, he knew Li Dong's purpose for letting him go.
It is not a trivial matter for Tenpay to enter Yuanfang Mall this time.
For e-commerce, from the perspective of the online system alone, payment products are the key points.
Payment products involve funds and business data. Yuanfang Mall and Wanjia.com have access to Tenpay. This is one of the conditions Li Dong reached with Ma Huateng in Shenzhen.
However, access belongs to access. Even if a payment product is connected to a platform, it does not mean that there will definitely be traffic and customers.
Today's e-commerce platforms, if they have their own payment products, will choose their own payment products as the first payment choice by default.
If it is not possible, these business platforms would rather choose UnionPay payment than other third-party payment systems.
It is not a big problem for the commercial data to be mastered by UnionPay, but once it is known by other companies, a lot of things can be analyzed.
Your operating conditions, customer information, and even profitability, as well as the sales of platform products, will be mastered and analyzed by them.
Such data, enterprises naturally do not want to flow out.
And there is another point, the problem of fund settlement.
Not to mention third-party merchants, this settlement has little to do with Yuanfang, but the fund settlement of self-operated products has something to do with Yuanfang.
Payment products such as Alipay and Wanka have a settlement cycle when they enter other platforms.
And during this cycle, funds are deposited in other people's payment accounts.
It doesn't matter if the family is small or small. For Li Dong and the others, how can they really feel at ease when tens of billions of funds flow into other people's enterprises.
Regardless of whether it is Tencent or Ali, no matter how well the future generations do, it will be the future generations.
In this life, it suddenly closed down, the possibility is not impossible.
Once this happens, it will be a big trouble.
Li Dong asked Cao Jinsheng, the president of the financial business department, to go there in person in order to obtain more favorable conditions for Yuanfang.
Last time, what he and Ma Huateng talked about was only general, and the specific implementation still needs to be discussed.
There are still big differences in the way of accessing FortunePass to Yuanfang Mall.
After exhorting the two of them a few words, Li Dong finally said: "Everyone, there is one last thing to discuss now. I am not sure about this matter for the time being. Please help me to refer to it."
Everyone cheered up quickly.
Li Dong is not sure about it, but it is rare to see it.
Seeing that they were all concentrated, Li Dong said slowly: "Now the group is getting bigger and bigger. We have been making some fine-tuning in the past few years. The real big change was at the end of 2007 when we made a large-scale adjustment. , the business has been carefully split.
Afterwards, including the establishment of the four major sub-groups, they were all roughly divided and no large-scale changes were made.
This time, the business we developed gradually increased, and there were more and more improvised departments, resulting in redundant personnel and multi-management.
Those in charge of retail can direct e-commerce, and those in charge of real estate can direct retail. Looking back, they all began to direct logistics in the end.
Some employees, in the end, don't even know who they should listen to.
Also, the chaos of the business also caused the chaos of the accounts.
The logistics group works for the mall and retail, everyone is their own, it can be cheaper, it can be free, and it doesn’t need to charge money...
It turned out that logistics had no performance and even lost money.
And in this way,
Taxes are also increased, and all kinds of things happen in distant lands.
Coupled with the fact that a group of collaborators will be introduced soon, these things need to be clarified.
Otherwise, one said that logistics is free, and the other said that Yuanfang City is included in the retail group, so what should we do in the end? Who bears this responsibility?
So I thought about it for a while and wanted to make a clear division.
The established subsidiary of the established subsidiary and the established branch of the established branch should not appear in multi-management.
In addition, to be a business, you can't cook it all in one pot.
In the past, there was no way, one pot stew could save costs.
Can't do it now, if we cook it again, it might be completely messed up later. "
As soon as he said it, Yuan Chengdao nodded and said, "That's true. In fact, I sent you a report on the management of the group before. Have you read it?"
Li Dong nodded and said: "I see, it is because I read this report that I said that I want to discuss it.
According to some of my previous ideas, in fact, I am not planning to make large-scale changes.
However, after reading the documents you brought, I found that it is still necessary to make some clear divisions. "
Knowing that Li Dong had read the document, Yuan Chengdao breathed a sigh of relief: "Then we can review the group's business in detail, and make a clear separation and division of accounts.
This actually has many benefits for us. We can apply for some reasonable tax avoidance methods with clear materials.
In addition, there is the problem of multi-management and staff redundancy.
Previously, as the president of Yuanfang Retail Region, he could manage logistics, real estate, warehousing and local e-commerce departments.
One person does the work of several people, but in fact he is still the regional president of the retail group.
This is completely inconsistent with corporate governance principles.
Otherwise, clarify the status of the other party, the president of the general group region.
Otherwise, make clear regulations that the other party only cares about their own piece, the president of the region, the president of the retail region, the president of the logistics region, the president of the real estate region...
In any case, the responsibilities and functions must be clearly defined.
To prevent in the end, the situation of buck-passing and management chaos. "
Hearing what he said, Song Jie, the human resources director of the group, also nodded and said: "President Yuan is right, manpower is indeed a problem.
All kinds of cross-management also give us a headache.
There was even a situation where the general manager of the retail branch didn't know where to go for the meeting during the meeting.
Is it going to the logistics side? Or the retail side? Or a real estate group?
Because he usually takes care of it! "
Everyone spoke one after another, but Chen Lang and the others from the retail group remained silent.
These people say that management is chaotic and need to be re-clearly divided, but in fact they are still weakening the rights of retail groups.
In the past, regional presidents like Qi Yunna had enormous power.
In North China, Qi Yunna can command the entire Yuanfang system, including its real estate, logistics, e-commerce, and industrial sectors.
Yuanfang's four sub-groups are said to be on equal footing, but in fact the retail group has the highest status.
The presidents of several regions are not even the slightest less powerful than people like Wu Shengnan.
And Chen Lang, Sun Tao, Wang Yue, these powerful factions are actually retail factions.
Management including Tan Haiying can barely be included in the retail system.
In this way, the group power formed by these people is terrible.
In addition, almost the entire group is serving the retail group, causing other groups to make ends meet, and their debts are getting higher and higher, but their income has not increased.
Let’s just talk about Dongyu Real Estate, in order to build the Yuanfang City plan, it has invested countless amounts.
In fact, this is essentially for the retail group. In fact, the management authority of Yuanfang City is also with the retail group.
Dongyu Real Estate said it was a developer, but it was actually a part-time job.
Spend money, build the urban complex, and then hand over the project to the retail group.
A long time ago, such a battle broke out in the distance.
Shen Qian was still here at that time, and there was an internal strife that broke out. Now the group is getting bigger and bigger, and the proportion of retail groups is getting more and more important, which has made other people very dissatisfied.
Taking advantage of the opportunity of Li Dong and Yuan Chengdao talking about this matter, everyone immediately began to speak enthusiastically, striving for the best interests for themselves.
As for Li Dong, when he raised this point at this time, he obviously knew that the smell of gunpowder inside was a bit heavy.
In the past few days, he actually received not only a document from Yuan Chengdao, but also Wu Shengnan and Liu Hong, who also submitted documents to him.
It was precisely after seeing this kind of appeal that Li Dong chose to talk about it at this time.
At the end of 2007, Li Dong made a major adjustment. Today's various business divisions and the embryonic forms of various groups were actually formed at that time.
Now, over the past year or so, Yuanfang has expanded several times.
For more than a year, other companies can still continue the old system, but Yuanfang can't.
If this problem is not resolved, next, a chaotic battle among senior executives may break out inside Yuanfang before the outbreak outside.
...
After everyone talked for a while, Li Dong tapped on the table lightly and said, "So, do you all think it is necessary to reorganize?"
Yuan Chengdao said frankly: "I think it is very necessary."
Many people nodded, and many people remained silent.
"Is it sorting out from the four major sub-groups, or starting from the whole group?"
"Reorganize!"
Yuan Chengdao didn't even think about it: "Just so, aren't you going to merge into the Gome Retail Group? Yuanfang Mall was split off again, and you said before that you intend to split the logistics part.
In this way, the whole system is confused.
Instead of fine-tuning, it is better to carry out an overall combing and adjustment on a large scale. "
Chen Lang from retail and Kong Xiangyu from logistics both frowned and didn't say anything.
Yuan Chengdao wanted to cut power, which is actually normal.
Retail and logistics currently have a lot of power. Yuan Chengdao is about to form an executive committee. At this time, he needs to establish his own authority so that the executive committee is worthy of its name and not just empty.
And Yuan Chengdao also seized the opportunity. Li Dong asked him to set up an executive committee for the purpose of centralized management.
The chairman of the sub-group has too much power, which is not a good thing for the headquarters, nor is it a good thing for Li Dong to manage the entire group.
If their rights can be restricted, Li Dong will also support it.
This has nothing to do with suppression. In fact, other companies should have weakened their authority long ago.
It's just that Yuanfang has developed too fast in the past few years. In order to carry out tasks more conveniently and reduce some meetings, the current situation has come about.
Seeing that everyone is silent, Li Dongdao: "Then let's sort it out as a whole.
Let me briefly talk about it. At present, Yuanfang retailing includes two major systems, one is the original department store system, and the other is the newly joined Gome home appliance system.
The warehousing and distribution centers have been divided into logistics groups long ago, and are managed by logistics in a unified manner.
There is also the industrial part. Yuanfang Industrial Company, established in 2008, has not been well-known and is not known to the outside world.
This area was previously included in the Yuanfang Retail Group, but was later separated out.
Because I don't want to combine supply channels and distribution channels, which can easily lead to a series of disadvantages.
This is the part of offline retail production, as well as Dongyu Real Estate, Dongyu Real Estate, in fact, it is not complicated now.
A Yuanfang City University project is the main body, and the other is its property management company, construction and decoration company, and a limited number of residential real estate parts.
Of course, some fixed assets are also included, including Yuanfang Building and Greenland Building.
As for logistics, it includes logistics and express delivery. The express delivery can also be divided into two parts: e-commerce express and ordinary express. In addition, Yuanfang Logistics Park can be added.
In addition, there are large-scale storage centers and distribution centers for supermarkets.
Finally, there is the Internet industry.
Remove Weibo and the mall, we have established seven major business groups before, and the e-commerce business group has been canceled because of the split of the mall.
However, the network media business group where Weibo is located is still there, and currently it is mainly engaged in portals and browsers.
After all, after all, we have a lot of business.
By the way, we have to add a distant charity foundation.
After reading some previous documents, I have a preliminary plan. Let me talk about it. Listen to it and see if it works. "
Everyone listened, this was the last division of internal power and interests before the outbreak of the external war.
If the maximum benefit cannot be obtained this time, according to Li Dong's personality and frequent changes are not good for the group, there will not be any major changes in the next two or three years.
Some fine-tuning is still possible, but the whole should be settled.
"I thought about it, and finally decided to establish Yuanfang Department Store, Yuanfang Gome Appliances, Yuanfang Industry, Yuanfang Logistics, Yuanfang Express, Yuanfang Warehouse, Yuanfang Aviation, Yuanfang Commercial Real Estate, Yuanfang Residential Real Estate, Yuanfang Property, Yuanfang Construction, Yuanfang Weibo, Yuanfang Finance, Yuanfang E-Commerce, and Yuanfang Communication have a total of 15 subsidiaries.
In addition, Yuanfang Headquarters Group made some fine-tuning and established a new Yuanfang Holding Group Co., Ltd.
Under Yuanfang Holdings, four sub-groups are still established.
Department stores and home appliances still belong to Yuanfang Retail Group.
Logistics, express delivery, warehousing, and aviation belong to Yuanfang Logistics Group.
Commercial real estate, residential real estate, properties, and buildings belong to Dongyu Real Estate.
Weibo, finance, e-commerce, and communications belong to Yuanfang Technology.
Other departments and businesses that have not independently established subsidiaries will continue to maintain the current model according to their original ownership. "
After Li Dong finished speaking, everyone else began to think about it.
So far, nothing seems to have changed.
It's just that some more subsidiaries have been established. In fact, the division of rights seems to be the same as before, who should belong to whom.
But in fact, there are still quite a few changes.
The establishment of a subsidiary means that the subgroup can no longer manage directly, but has an additional procedure, which leads to the decentralization of power, and the boss of the subsidiary has a lot of power.
As for the chairmen of the sub-group, their authority has been partially weakened.
Also, Yuanfang Airlines was directly assigned to the logistics group. I don't know what Lan Xingguo thinks about it.
The last point, the key lies in the change of Yuanfang Group, although it is just a name, this is a qualitative change.
From a limited company to a holding company, this is a different concept and nature.
Yuanfang Co., Ltd. has become a Yuanfang Holding Group Company, and the difference between the two is quite large.
In fact, this is also a manifestation of a clear division of functions.
From now on, Yuanfang Holding Group can no longer directly intervene in the business of the sub-group as it is now.
There will be an extra process in the middle, which is actually a restriction on the headquarters.
It may be related to the establishment of the executive committee. Li Dong wants to turn the headquarters into a decision-making executive body rather than the actual operator.
The headquarters is only responsible for the formulation and implementation of strategies, as well as guidance.
The actual management rights are delegated to sub-groups.
And the rights of the sub-group are partly shared by its subsidiaries.
Generally speaking, everyone actually has some losses, but it is not big, and it is shared equally by everyone.
As for authority, it sinks down, and the rights of the people below will increase.
Of course, the supremacy of Li Dong, not only did not decline in power, but he got rid of some practical management problems.
In the future, he will have much fewer files to deal with.
At this time, in the distance, the business of some branches and subsidiaries even had to report to Li Dong.
But after the establishment of the holding group, after layers of advancement, there are fewer undecided matters in his hands.
Generally, large groups will change in this direction in the later stage, which is not too abrupt.
The head of the big group is not really an iron man. Li Dong is still young, and he is doing well now. If he continues like this, he will be exhausted and have endless documents to process.
Thinking about it, Yuan Chengdao made some calculations, and finally asked curiously: "Mr. Li, what about Yuanfang Industrial Company?"
14 subsidiaries have just been allocated, and there is one Li Dong that has not been mentioned yet.
Li Dong smiled and said: "Yuanfang Industrial is not all holdings. I thought about it. Later, Yuanfang Industrial may be changed into Yuanfang Investment Company, which is specially used to hold companies and enterprises that we have invested in but not absolutely controlled.
Including the shares of other retail companies that have been exchanged this time, I will consider Yuanfang Investment Company to hold the shares. "
Yuan Chengdao nodded, but said nothing.
It is necessary to set up an investment company.
If Li Dong hadn't taken away the OPPO shares before, it would be right for the investment company to control it now, but there is no need to say this.
Generally, a group involved in multiple enterprises will set up an investment company to hold shares, which can also effectively avoid some troubles and problems.
There are a total of 15 subsidiaries, 4 subgroups, and hundreds of branch companies. In this way, the hierarchical system of the distant place is gradually clarified.
But Yuan Chengdao doesn't care much about this now, but how to arrange personnel?
The establishment of several more subsidiaries will definitely change the location.
How to change?
Who goes up and who goes down?
Or the former head of the department directly became the head of the subsidiary?
Today, the boss of a subsidiary is almost the third level in the distance, and also the most backbone management level. The position of the boss of any subsidiary cannot be underestimated.
Especially the bosses of some large-scale subsidiaries, such as department stores, home appliances, Yuanfang e-commerce, and Yuanfang Finance, are all giant companies if they are taken individually.
To become the boss of these subsidiaries, the status and authority are not even weaker than the two subsidiary groups of Dongyu Real Estate and Logistics Group.
Even though these two subsidiaries have four subsidiaries, more than the other two sub-groups, it still doesn't change the fact that they are slightly weaker among the four sub-groups.
Now let's see if Li Dong will make any major changes.
Yuan Chengdao didn't know what Li Dong was thinking. When Li Dong was around, the board of directors was useless. This was a fact.
If Li Dong wants to make a big change, the board of directors cannot veto his decision.
For a while, everyone waited silently.