"It has been eight years since the beginning. I have learned a lot from the chairman and I feel that I have grown a lot."
"Well, you have done an excellent job as the director of the Family Trust Fund Management Office of the Royal Family Fund."
Wang Yaocheng looked at Du Bo approvingly and saw him sitting respectfully on the sofa with half his buttocks, his waist straight, and his attitude was absolutely sincere.
Speaking of which, as a superior person, he always likes this tone. At least the respectful attitude seems very comfortable, and Wang Yaocheng is also unavoidable.
He felt very satisfied and a smile appeared on his face.
"Next, Royal Fund will not have much cash flow surplus, and there will be very few major mergers and acquisitions in the next two years. The focus is still on digesting and integrating existing enterprises, and laying a solid foundation for internal management and talent training.
By working hard on internal skills, enterprise management must develop toward leanness, efficiency, specialization, and goal-based responsibility, rather than seeking perfection for everything.
The goal is to make the company stronger step by step and enter the world's first-class level. This will be a long process of rebirth.
Now, I'm thinking about giving you another burden, are you able to meet the challenge?"
Du Bo perked up and immediately expressed his position: "I have no problem, Chairman. If there are any shortcomings, I will study hard."
"Well, that's good. I'll give you two choices."
Wang Yaocheng raised two fingers; "First, go to Cisco to be the CEO, in charge of personnel and logistics administration work. This is a large and booming company with bright future prospects.
Secondly, to be the CEO of HSBC Bank, to cooperate with Mr. Mo Yuxuan to firmly control this company, and to develop into a world-class multinational bank, this challenge is also very difficult.
You can go back and think about it and reply to me in two days."
"No need, Chairman, I am willing to go to HSBC." Du Bo replied very firmly; "I have thought about it privately, which company is more suitable for me? After thinking about it, I finally found that HSBC is the most suitable company for my development.
, I am also very interested in the financial industry, which is the result of careful consideration.
Wang Yaocheng glanced at him in surprise, and couldn't help but raise the corners of his mouth;
They are all smart people, and they can answer it quickly.
"Okay, now that you have a choice, go to HSBC. The position of director of the Family Trust Fund Management Department is still part-time.
The position of chief executive is responsible for managing personnel, finance and administrative logistics. It is tedious but important, covers a wide range of areas, and is very capable of exercising all-round abilities.
After you leave, you will focus your work on HSBC. The work here will be temporarily managed by Deputy Director Shi Xueyi, who will report to you when necessary.
From the position of bank director and chief executive, you can think carefully about how Fortune 500 companies should be controlled?
Mr. Mo Yuxuan is already over 50 years old. If he works for a few more years, he will be on the second line. If you have any questions at work, you can ask him for advice. He is a very competent top manager with rich experience in large-scale enterprise management..."
The words were a bit vague, but Du Bo obviously understood, and his blood couldn't help but boil.
For a professional manager, the highest ideal is a stage to show oneself. Controlling a Fortune 500 company is undoubtedly the dazzling crown among them. The responsibility and honor are equally important.
This is a very challenging goal, and it will also write a glorious chapter on your career resume.
Du Bo is not short of money and is a stable billionaire.
Previous mergers and acquisitions, high annual salary, and smart follow-up investments have made his net worth close to US$1 billion.
What Du Bo lacks is a stage to showcase his talents. He is eager to prove himself, and HSBC is this dream stage.
"The chairman has given you a heavy responsibility, and I will never let you down."
"good."
Wang Yaocheng took a puff of the cigar calmly, letting the strong and fragrant smell of cigar smoke linger. His whole body seemed to be immersed in the light blue smoke, becoming slightly blurred.
“I have read some reports from HSBC and found that there are some problems in the bank’s operations, let’s not talk about professional issues for the time being.
Mainly some employees who graduated from Oxford, Cambridge, and Stanford universities always have a condescending and arrogant attitude, which is very questionable.
If you are an artist, being unique and unique is worthy of appreciation and praise.
But in a large multinational bank, this mentality is very inappropriate.
In the final analysis, HSBC is a large financial services institution. It is engaged in financial services and provides customers with professional and efficient financial services, as well as excellent personal financial expert services. This is the foundation of HSBC.
Whether in Hong Kong or in Southeast Asian countries, the middle-level elites of HSBC Bank generally have a sense of white superiority. Even if they are of yellow race, they are yellow-skinned and white-hearted bananas.
Such an attitude is brought to work, which means disdain and neglect towards small and medium-sized entrepreneurs, alienation and arrogance towards ordinary customers.
These people have no identification with the Chinese nation and advocate the ideals of European and American Wall Street elites. Although their professionalism is impeccable, they are not the kind of talents we need."
At this point, Du Bo completely understood.
Du Bo also came from the mainland and had strong feelings for the country in his heart. He kept them deep in his heart and did not express them. However, during the flood of 1998, he personally donated 30 million yuan and showed his ardent patriotism with actions.
.
This is especially appreciated by Wang Yaocheng.
Put Du Bo in the position of CEO and be in charge of personnel work. In less than three years, the entire HSBC bank will have a completely new look and be on the track it wants.
A multinational company serves users all over the world, but it must also have its own core values and motherland, otherwise it will have no soul.
Elites graduated from Oxford, Cambridge and Stanford universities are indeed very capable, but this does not mean everything.
There are many high-level talents of Chinese descent, but they just suffer from the lack of opportunities to develop. In European and American societies, they often encounter glass ceilings. No matter how talented they are, they can only reach middle-level management positions at most.
Now, HSBC is going to give them such an opportunity;
As long as you have the motherland in your heart, and as long as you have enough ability, you will have the opportunity to rise higher and higher.
Wang Yaocheng has always spared no effort to support his compatriots.
Under his personal example, his subordinates followed suit and formed a good employment trend. He promoted talented Chinese employees and gave them more opportunities.
in silicon valley
Arctic Ocean Holdings has the largest number of Chinese talents. There are more than 38,000 researchers and other white-collar workers in various companies, 66% of whom are Chinese, and the leadership ratio has reached 83%. Their work is outstanding.
This stark illustration;
Like a beacon, it illuminates the development path of Chinese Americans in Silicon Valley.
No capitalist will fight against banknotes. The leaders and the best companies in Silicon Valley reuse Chinese Americans, which has proven their excellent R&D capabilities and excellent management capabilities, making them unique in Silicon Valley.
Other start-up companies have followed suit, greatly improving the status of Chinese talents.
Now
Chinese-Americans account for about 1/4 of the total number of talents in Silicon Valley, about 80,000 people. Among all Silicon Valley startups, Chinese-Americans account for 37.2% of middle and senior management.
A big factor in this is the exemplary role of Arctic Ocean Holdings, coupled with the intelligence and wisdom of Chinese Americans.
in the office
The two talked secretly for a while, and Wang Yaocheng warned again;
“Keep things secret and don’t let people grasp the situation and trigger unnecessary associations.
In terms of personnel work reports submitted every month and quarter, some assessment content on world events and human rights and democracy will be added, and more personal comments will be collected and archived for assessment.
For example, the San Francisco black riots, the Simpson case, news hot spots and typical cases that concern ordinary people are all very topical, and you can see a person's true thoughts from here.
The official reasons are easy to find;
For example, guiding corporate employees to have a sense of social responsibility, broadening their international horizons, colliding ideas, strengthening cultural exchanges and understanding, comprehensively improving their quality, etc.
Personnel who are to be eliminated should pay attention to the way they work.
Don't take any direct measures of dismissal or resignation, it is too crude and simple.
If you pick a mistake, you can first transfer him from an important position.
There are many branches in Southeast Asia with hot, humid and poor environment. If you let them take a deputy position that they can't do anything about, it won't take long for them to resign themselves.
You must not be transferred to a full-time job. You must prevent these people from harboring grudges and causing trouble for us. It is very troublesome to make up for it afterwards or file a lawsuit, so we must pay attention to it.
…”
After saying this, Du Bo nodded like a chicken pecking at rice, and couldn't help but sigh in his heart;
When it comes to being a shady person, the chairman is really a good hand, these charlatans are very powerful!
It's like a series of tricks that make people dizzy and step into it without even realizing it. It's so sinister and dark.
But I like it, haha!
"You don't have much time. When you arrive at your new position, you need to get into the groove quickly and get familiar with the work. Take advantage of the new officer's first opportunity to kick out some obvious thorns in his new position.
Especially those in key positions must not be soft-hearted. If necessary, you can ask Mr. Mo Yuxuan to hold the line.
It will be around the end of next year,
After HSBC undergoes reorganization, it will undergo some asset restructuring and then re-list.
The middle and low-level management positions can be taken care of slowly, there is no rush."
Du Bo knew that this was a capital operation and related to financial security. It was impossible for a large multinational bank to remain listed for a long time, and this would not be conducive to the development and growth of other banks through mergers and acquisitions.
What's more, as note-issuing banks, HSBC, Standard Chartered Bank and China Bank are important, and the mainland is more suspicious of unlisted private banks.
Comparing one's heart with another's is inevitable.
So, is it a fool's errand to privatize and delist for a while and re-list for a while?
If it contains huge benefits, it is completely worth it.
The timing of the privatization of HSBC, which suffered heavy losses under the violent financial crisis of 1997, was very accurate.
Obtain maximum benefits at the minimum cost.
Through all means such as eliminating non-performing assets, reducing staff and increasing efficiency, and asset mergers and acquisitions, HSBC is developing better and better.
The bank's very important capital adequacy ratio, net profit, deposit-to-loan ratio, overdue loan ratio, capital cost ratio, and bank income cost ratio have been comprehensively improved, making it one of the world's first-class banks.
Coupled with the fact that high-quality companies under the Wang Family Group have become important customers one after another, the allure to investors will undoubtedly be greatly enhanced, and capital increase and share expansion will be a natural process.
HSBC was privatized and delisted with a valuation of 10.2762 billion pounds. When it was relisted, the valuation reached 20 billion pounds, 30 billion pounds or even higher. No matter how you look at it, it is a huge profit.
Capital operation is a profound knowledge, and it is also the top money-making technique.
Wang Yaocheng, who had peeked at his cards, was inherently invincible in this regard. If he couldn't maximize his profits, he might as well find a piece of tofu and kill him, so as not to embarrass the reborn person.