Extraordinary Genius

“Beidakura Group is fine, why do you want to merge the Hope Group again? It's a good business, but we always focus on supporting it. ”

Zhang Ruiqiang also did not quite understand why the merger of the two enterprises, especially Beidacang, went from a state-owned holding enterprise to state-owned equity participation.

If it was 10 years ago, companies didn't make any money at that time, let alone participate in the controlling stake, selling it directly is a lot, because in your own hands is to compensate money, it is also to relieve the political axe.

But it's different now, Beidakura Group is the fifth largest agricultural by-product industry in the world, the first in Asia, suddenly losing control of the state-owned capital, which will inevitably be discussed by many.

“You remember what I said about small businesses merging into big businesses and being more competitive internationally? It turns out that these years of state-owned capital have also merged a number of enterprises, have they become more competitive and earn more? ”

“But there's also a big problem here, which is that your state-owned merger company, the leader ~ the leader or the people who chose it, I'm not saying they must be bad, but they may not be in the same direction. They are good at management, but not necessarily at running a business. ”

“That means they may be suitable for chairmanship, but not for general manager. The chairman is important, but the general manager is a more direct business participant. ”

“For example, my Taihua Holdings, I am the chairman of the board of directors, but I don't even have a tenth of Liu Legend's time. This is also the result of Liu Legend's cooperation with Zongqing first. Their hard work can be seen. ”

State-owned capital has also been merging businesses, merging small businesses in some places into group companies, increasing competitiveness and then leaving the country.

For example, if a food trading enterprise combines agricultural cultivation and food processing packaging, it can form a dragon industry chain, greatly reduce costs, and naturally increase profitability and competitiveness.

An electrical company, for example, could also make more money if it went from the research and development of electronic components to the production of electrical assemblies to the sale of what formed an industrial chain.

Unless you are a unique industry, costs are always the most important concern for your business. But even if you are unique for the time being, there will soon be many competitors, imitating the wind, but not just Huaxia's enterprises, even more so in foreign countries.

Even when Microsoft is in the middle of the day, it's not unique. Is it also not a competitor?

It's like L-PAD, even thinking about the group's first launch, but in less than six months, other PC manufacturers have developed their own products? Some bought patent licenses from Lenovo Group, others simply bypassed these patent blockades and used alternative technologies.

Although L-PAD is still the best of its kind, its market share is no longer 100%, with profits being shared.

L-PAD is not in a hurry at this time, but it also has great advantages, which are no longer described as monopolies, and it also highlights the product superiority of L-PAD.

Can a product that takes several years of research and development be of the same quality as a product that takes six months of research and development? Foreign PC manufacturers, technology is not much stronger than even thinking about the group, even a lot better than thinking about the group, naturally let L-PAD pull away from other tablets.

However, state-owned business combinations, with the exception of some strategic industries, such as banking, communications, energy, steel, etc., are not very good.

The most fundamental reason is the lack of implementation capacity and too much resistance.

In addition to storm cards and Edward cards, there are also more than a dozen well-known mobile phone brands in China, which are not yet known by anyone.

Half of them are state-owned enterprises, or state-owned holdings.

There are also a lot of good engineers in these companies, but why can't they go beyond storm phones? Even compared to other mobile phone manufacturers abroad, the gap is obvious?

First of all, it is naturally a question of the direction of research and development. This is the case with storm phones leading the world. Feng Yu knows what consumers prefer and what features are more practical.

Secondly, these enterprises are underfunded in R&D, and technology R&D is not possible without money.

And finally, they're too dispersed. Ten companies, one tenth of the size of a storm phone, add up their profits, and less than one tenth of a storm phone, they're too expensive and too competitive.

If these mobile phone manufacturers merge, R&D costs can save a lot, and other costs such as advertising costs can be greatly reduced, but why don't they merge?

There are a lot of people against it.

Some say that there are wind and rain cards and Edward cards in the country, and the good manufacturers abroad are not good, let alone them, and naturally put themselves in a lower position.

And most importantly, who dominates the merger? You have brands, we have brands, whose brands are retained, whose brands are abandoned?

Who's the boss of the merger and who's forced to leave? There are too many benefits involved to be solved.

The most straightforward way to do this is for some people to step back so that the merger can succeed and become more competitive.

Feng Yu once said that if the state-owned capital agrees, then Iceland Machinery Manufacturing Group can merge with Qi and naturally become a subsidiary, so that the state-owned capital stock will also be upgraded.

Either let Feng Yu invest, control 51% of the equity, or give Feng Yu a veto, he can make state-owned capital a major shareholder.

But it's still being studied, and it started to buzz over there, and I didn't agree at all.

At first breath, I thought I was developing well. The parts and accessories are world-class. Why should I merge with others and become a subsidiary? Especially when the exasperated boss is forced to become a deputy, which makes him even more unhappy.

That Lee Dafu Hood, how can I be his deputy?

So the merger of State-owned enterprises has too many problems, most importantly, some management romantic rights, which is very obstructive. Without the strength of Huaxia and the integration of resources, we can definitely find several enterprises that monopolize the domestic market, and at the international level, they are also the leading companies in the industry, and can even be the top of the list.

Previously, some forcibly merged, some succeeded, some failed. The most critical point is to see if the leadership of the company is good, then to see if the merged industry is right, if the two sides can complement each other or expand on one aspect of the advantage.

“Feng Yu, if you merge, can you give up that one veto? ”

“What harm did I do to the business if I kept it? Don't you think it would be better if I regulated the business? Without me, would there be a North Daikura Group? ”

“Well, I get it, North Dakura Group thing, I'll fix it for you. ”

……