Wang Yaocheng; "Huiyang, when Hong Kong Yingke Telecom develops, its scale will never be inferior to that of HSBC. It will become the world's largest telecommunications company with business scope covering Europe, America and Asia. Do you have the confidence to control this company?"
A large multinational company?”
"Chairman, I..."
Wang Huiyang was knocked unconscious by the big cake, his lips were trembling and he was speechless.
In terms of age alone, Wang Huiyang is 43 years old this year, which is when he is in his prime of life.
A graduate of a prestigious university in China, he has been floating in the system for more than ten years. He gave up his job and went into the sea to choke. He experienced the collective madness of the island province. He also studied systematically, settled and reflected at Princeton University, and got a degree in business administration.
PhD degree.
After assuming the leadership position of the Secretariat, Wang Huiyang participated in dozens of overseas mergers and acquisitions of Royal Fund to varying degrees, which greatly broadened his international horizons.
It settles down and accumulates gradually.
Wang Yaocheng smiled slightly and said kindly;
"Huiyang, you have enough ability and experience. What you lack is the experience of actually controlling a large company. I am very confident in handing this heavy responsibility to you."
"Chairman, Huiyang feels that the chairman's trust is as deep as the sea and the responsibility is as heavy as a mountain on his shoulders. He will work diligently to shoulder this important task and live up to the deep expectations of the chairman." Wang Huiyang looked solemn.
answer.
"Okay, come, have some tea."
Wang Yaocheng took the initiative to pour a cup of tea for Wang Huiyang, and Wang Huiyang quickly took it with respectful hands, doing everything meticulously.
"Thank you, Chairman."
"I have a complete set of strategic assumptions for Hong Kong PCCW Telecommunications Company, and I will talk to you about it first."
"Chairman please speak your mind directly. Foreigners are all ears."
Wang Yaocheng tapped the sofa with his slender fingers and said calmly;
“Entering the telecommunications industry has been under consideration for a long time, but it has been delayed until now due to various reasons.
The consortium had prepared to take action in the telecommunications industry a few years ago because all its attention was focused on the acquisition of HSBC and there was no way to be distracted.
This matter also fell into disgrace, and it is now where it is now.
How important is the telecommunications industry?
It is the ultimate market that integrates all electronic products. One end connects millions of households, and the other end controls the entry threshold for electronic products, mastering Yes and No.
Look at the development trend of household appliances in the world!
Smart homes and set-top boxes will gradually enter European and American society. This is a major development trend that cannot be stopped by non-human resources.
The network society has entered a deepening stage, with interconnection reaching every electrical node in human life, including LCD TVs, smart refrigerators, smart curtains, smart water heaters, smart air conditioners and even smart washing machines.
All of this is inseparable from high-speed network.
Therefore, Cisco, the world's leading manufacturer of network equipment, fell silent briefly after the Internet high-tech bubble burst, and then rose rapidly and delivered dazzling performance.
It’s not without reason, but inevitable for social development.
The consortium's two major production bases in Central Plains and Sichuan Province have exploded production capacity in a timely manner to cope with the overwhelming order demand from Cisco.
Prove it from one side;
My judgment is correct. Network high technology will be reborn after passing through the Phoenix Nirvana.
The network connects thousands of households. The first path relies on the backbone optical fiber network channel, the second path relies on wired cables, and the third path is the wireless base station.
European and American cable TV networks and telecommunications companies occupy priority high ground today as the network society develops in depth.
Cable TV network cables have many shortcomings, such as slow transmission speed and low efficiency. For the time being, they are just fine. In the long run, there is a high probability that they will be eliminated by fiber optic cables.
Compare the two phases.
Telecom companies have greater development potential and should become important nodes in the network society and occupy a throat position. Their importance cannot be overemphasized.
You know;
The consumption habits of European and American societies have become fixed, and large telecommunications companies have the right to say "no" to electronic products.
No matter how good your product is, it doesn't matter if it's not accepted.
GREE Group's home appliance products and Yangtze Technology Group's Dell brand computers and mobile phones are currently encountering similar problems in developed markets in Europe and the United States, with more or less barriers to market entry.
This problem doesn't seem serious at the moment. When the smart home trend hits, companies that can't keep up with the situation will all die.
Be the first to seize the commanding heights and take the initiative.
This sentence is easier said than done, haha, not everyone can do it."
…
A eloquent sentence contains extremely important information.
This was chairman Wang Yaocheng's forward-looking judgment on the future network society, which made Wang Huiyang instantly lift the curtain in front of his eyes and see through the future development trend of the telecommunications industry.
The content conveyed in the words and the prediction of the general trend of the online world are written in detail.
Wang Huiyang was shocked and felt endless admiration in his heart.
What is that...
The feeling of admiration is like a surging river that never ceases, or like the Yellow River that overflows out of control.
Wang Huiyang respectfully poured tea for Chairman Wang Yaocheng, sat down without saying a word, and listened attentively to the chairman's speech.
“From now on;
For the development of Hong Kong PCCW, there is no need to take into account the mainland and Southeast Asian markets for the time being. The main task is to work hard on internal skills and develop a qualified talent echelon to cope with the next large-scale expansion.
Now, a window of opportunity has emerged.
In the globalization development of Yingke Telecom, major opportunities have appeared in the U.S. telecommunications market, the most critical one, and there are two of them as soon as they appear.
So, for Hong Kong PCTC;
Focus on retaining and understanding high-end talents in the U.S. telecommunications market, in-depth study of the highlights and shortcomings in the development of U.S. telecommunications companies, and detailed analysis of the advantages and disadvantages of corporate operations. Combined with the world's outstanding telecommunications companies, discover the differences between the two and what can be learned from them.
?
To make a targeted plan, it must be in-depth and detailed.
The Corporate Strategic Development Research Office of the consortium is currently independent and is called the "Hong Kong Guan Fengyun International Research Center". It is a think tank in the development of the consortium. I have assigned them the latest topics;
Priority will be given to conducting forward-looking research on the development strategies of the world telecommunications market and the operational advantages and disadvantages of multinational telecommunications companies for your reference in decision-making.
It is still not possible to say for sure which American telecommunications company will be acquired, but if the opportunity arises, we must be fully prepared.
The short-term goal of Hong Kong PCTC is to establish a trans-Pacific telecommunications group. After digestion, it will gradually expand to Southeast Asia, Japan and South Korea, and finally enter the European market to complete its global corporate layout.
This process can be completed within seven to eight years, or longer.
The top priority is to prepare for internal integration and large-scale expansion.
It's the end of February now, and you don't have much time left.
As early as July to August, as early as early next year, the two cross-border mergers and acquisitions will be revealed.
Therefore, you must perform your duties as soon as possible and quickly enter the state of controlling the company."
Speaking of which
Wang Huiyang stood up with a "swish" and said categorically: "Chairman, please rest assured, I will take over Hong Kong Yingke Telecommunications Company immediately, familiarize myself with the company's operations as soon as possible, be prepared for everything, and will never let down your high expectations."
Wang Yaocheng also stood up, his expression becoming much more serious;
"Okay, the Secretariat is a place where you have worked for a long time. You know the elites here very well. Can you recruit people from here? How many people... It is limited to 150 people. I will ask other directors to let you go and help.
You take control of the company as soon as possible."
Wang Huiyang said overjoyed: "This is great. With the help of these guys, I feel more confident."
"We can't all transfer them from the Hong Kong headquarters. The Secretariat also has a lot of outstanding talents in China and Silicon Valley. This part must occupy at least half of them to prevent you from draining my Secretariat headquarters."
"Hehe, this...this won't happen."
"Don't be careless about me. It's settled. Vice President Hong Fu has been working at Yingke Telecommunications Company for a while. I have told him to do my best to assist. Well, you can discuss the specific matters."
"Yes, Chairman, I am more confident."
"That's good."
A smile appeared on Wang Yaocheng's face;
The layout of the telecommunications industry is of great significance, and he must give Wang Huiyang sufficient support to help him integrate into the situation as soon as possible.
The secretariat has a total of more than 2,800 people and is divided into three main parts;
More than half of them are in China, with more than 400 people in Silicon Valley, and more than 600 people in the Hong Kong headquarters, which accounts for more than 80%.
There are also some secretaries who are not working but are studying for degrees in world-renowned universities. There are about 300 secretaries.
In this regard,
The consortium has generous benefits and tuition reimbursement systems to encourage working secretaries to continue charging. Wang Huiyang was also a beneficiary of this policy a few years ago.
In Japan, Korea, Taiwan and various parts of Europe, the Secretariat also has offices co-located with its affiliated companies to collect first-hand information.
Therefore, there are approximately 2,500 working secretaries.
Wang Huiyang knew clearly;
The secretariat seems to have a lot of people, but in a company that manages a huge number of consortiums, every secretary is extremely busy.
To mobilize 120 people at once is a huge effort.
As a base for the consortium to cultivate comprehensive talents, the secretariat exchanges hundreds of key personnel every year to serve in major companies.
at the same time
We will recruit experienced young and middle-aged talents from major enterprises, and the sources of secretaries include graduates from world-famous universities, and supplement them to work in the secretariat to carry out a virtuous cycle and training of talents.
Working in the secretariat is very stimulating.
Over the years, large-scale mergers and acquisitions by consortiums have continued. In Europe, Britain's Smithsonian Bank and KLM Royal Dutch Airlines acquired more than a dozen local banks in the United States, and acquired Corning...
Give examples;
During HSBC's large-scale acquisition of more than ten banks in the United States, thousands of secretaries were assigned in advance and dozens of working groups were formed to participate.
From the negotiation of intentions between the two parties, to the confrontation with each other, to the final completion of the transaction, a lot of tedious work has just begun.
The working group took over the detailed verification of bank assets, classified processing, personnel elimination and organization merger, implementation of lean management for all employees, etc., countless meticulous tasks.
Having fully experienced cross-border mergers and acquisitions, secretaries’ abilities have been greatly tempered in these jobs, and most of them can become independent talents.
Almost every secretary will more or less be involved in cross-border mergers and acquisitions and have experience working abroad.
Such a working environment will allow business elites to grow quickly.
Wang Huiyang still remembers it vividly to this day;
During the large-scale expansion of HSBC, veteran Mo Yuxuan and Du Bo worked together. Most of the staff sent by the Secretariat were just meat buns who never came back.
Of the thousands of secretaries, only more than 300 were able to come back in the end.
Wang Hui, the secretary-director at the time, was so arrogant that he couldn't stop thinking about it. It was truly a huge loss of talent. All the elites he had cultivated for many years were gone, which made him heartbroken.
This time, that time.
Depending on where you stand, your thoughts will naturally change.
Wang Huiyang is prepared to follow the example of these two bad guys. Once the consortium's merger with a US-owned telecommunications company enters the formal negotiation process, a large number of secretariat personnel will be mobilized to form various working groups.