Rebirth 2010: I taught Mr. Lei how to make a mobile phone
Chapter 758 Pills? Did you ask me?
Chapter 758 Baidu Pills? Did you even ask me?
When the changes made by Business Development (BD) were revealed one by one, much like scraping the bone to remove poison, the industry was shaken.
As a result, Baidu's stock price has been fluctuating downwards every day, with a cumulative drop of more than 15% since the divorce incident.
The internal reforms at Baidu in recent days have had a profound impact on the internet and technology sectors, with media outlets generally predicting a downturn:
Baidu has adjusted nearly half of its business operations, which could be a major blow or cause it to fall behind.
Li Yanhong's high-stakes gamble: Success means a return to the top, failure means accelerated marginalization.
Business Development (BD) is in grave danger; business contraction and executive attrition are causing a double blow to its reputation and stock price.
Lu Qi was poached by the other side of the coin, and Li Yanhong personally led the charge, attempting to reshape BD from an 'advertising company' into a 'technology company,' but the future remains uncertain.
With media reports, most opinions have described the recent changes as a suicidal self-revolution, and industry professionals generally do not have a positive outlook on this change.
As more details of Baidu's internal adjustments were revealed, public opinion diverged from media reports, with many expressing support.
Faced with criticism, Li Yanhong unusually agreed to an interview.
He remained as refined as ever in front of the camera, but appeared slightly thinner than before.
"It's normal for startups to have ups and downs over the past ten years. As long as Baidu still has a group of capable and ambitious people, I am very confident in the long run."
When asked about this change, he calmly replied:
"Any company is a long-term endeavor, and sometimes mistakes may be made. The most important thing is to quickly learn the most important lessons from these mistakes, summarize the experience, and continuously pursue innovation. In the long run, it will definitely make a great contribution to society."
Robin Li admitted that although investment is not Baidu's core business, it has a significant impact on Baidu's core business, and this impact may even increase in the future.
"Our investment is primarily aimed at building a good ecosystem together with our partners and upstream and downstream partners."
The heat of summer has passed, and autumn is gradually approaching.
Only time will tell how effective Baidu's "surgery" will be.
But at this moment, at least everyone knows that the gentle and refined Li Yanhong has already drawn his sword.
"Bright Sword? Ha, he's courting death!"
Old Ma put down the interview report with Li Yanhong, a cold smile appearing on his lips.
As an outsider observing Baidu's recent turmoil, he has already seen through the outcome of this transformation.
In fact, the problems of large companies are inevitable for BAT (Baidu, Alibaba, Tencent) as they have developed to this point, but their solutions reflect the differences in their underlying DNA.
This reminded him of a TV series he had watched a few days ago, in which a certain argument was quite consistent with the current situation of several companies.
The general meaning is that the Yangtze River is called "Jiang" and the Yellow River is called "He". The Yangtze River has clear water, while the Yellow River has muddy water. The Yangtze River is flowing, and the Yellow River is also flowing.
He believes that the Yangtze River should not be used preferentially because its water is clear, nor should the Yellow River be neglected because its water is turbid. This is the core philosophy behind his leadership of Alibaba.
Little Ma understands this point, so he focuses on the big picture and lets go of the small details, taking things one step at a time. In the past two years, he has taken advantage of the company's transformation to become a repairman, patching things up and fixing them up year after year.
In contrast, Li Yanhong's short-sighted approach of "using only the Yangtze River while abandoning the Yellow River" is truly excessive.
Old Ma secretly wondered: Could it be that living next to the other side for too long has made him pick up Chen Mo's bad habits?
In his view, Baidu's current measures are not only correct, but extremely correct.
But if a person were to live in a sterile environment, they would undoubtedly die.
He could almost see that the vicious dog on the other side would not let this golden opportunity slip by.
If he were Chen Mo, he would definitely seize the opportunity to gradually encroach on Baidu's territory and take advantage of its weakness to kill it.
"This Li Yanhong," Old Ma shook his head. Such a major matter was kept secret. If they had known earlier, he might have been able to protect them. Why did things come to this?
To put it bluntly, he's just a programmer who caught the wave of the times.
Baidu's core business is just search, while Alibaba's main business is e-commerce, dealing with billions of dollars every day.
Despite its current booming success and immense profits, the daily revenue of the other side is still far behind that of Alibaba.
In terms of the severity of the problem, Ali's situation is particularly dire.
Some executives may have issues with their personal conduct. For example, Jiang Fan, who runs a live-streaming e-commerce business, had a close relationship with one of his streamers and engaged in numerous underhanded tactics.
He was fully aware of the collusion between the waiter and the merchant, but compared to that, he valued the value created by these people even more.
As long as the benefits outweigh the drawbacks, minor flaws are not a big deal.
In his hands, the disciplinary department was a useful ruler, its emphasis on discipline rather than punishment. If someone was too flamboyant or a faction too powerful, minor adjustments were all that was needed.
After all, what he wanted was controllable chaos, not fragile purity.
Unfortunately, Li Yanhong is ultimately a tech-savvy person. He either doesn't understand this principle or he knows it but pretends to be aloof.
But for Alibaba, this is a good thing.
A single jade falls, and all things come to life!
Although the bulk of the spoils should be taken by the other side, Ali might still be able to do something about the rest.
Unfortunately, Alibaba's search engine was always used internally, but it still made some money. The submitted materials, such as those of executives from Baidu, were very useful to Alibaba.
Old Ma's attention was focused on the list of Baidu's veteran employees, all of whom were seasoned veterans and rare talents in the industry. Of course, he was also selective; he didn't want just anyone. People like Hu Yue, the general manager of Baidu Tieba, and that post-90s executive, who were mediocre and only good at causing trouble, were out of the question.
Ultimately, he selected four people he believed were worth recruiting.
Xiang Hailong: The actual operator of Baidu's "commercial empire," holding the two lifelines of search and advertising, and was previously regarded by outsiders as Li Yanhong's right-hand man.
Shen Dou: Vice President of the search company, fully responsible for core businesses such as search and information flow, and a capable assistant to Xiang Hailong.
Li Mingyuan: Known in the industry as Baidu's "crown prince," he joined Baidu as an intern and rose to the position of vice president in ten years, becoming the youngest senior executive in the company's history, which is enough to demonstrate his ability.
Wang Zhan: Responsible for the technical architecture of the search business and in charge of the business system (sales and channels).
One is an all-around commander, one is in charge of business, one is in charge of technology, and there is also a young and promising executive.
These four individuals can form a complete search architecture that can support Alibaba's core search business, namely the core search of Taobao and Tmall.
The only thing to worry about is the potential troublesome non-compete agreements these people might have.
Besides the executives, there are also thousands of employees. Nowadays, due to the siphon effect of Qing Teng Academy, many outstanding IT talents have all gone to Beijing.
This poses a challenge to Alibaba's annual recruitment efforts, even forcing them to settle for less competitive options.
This batch of Baidu-related products can solve the immediate problem.
Moreover, Alibaba has a long tradition of recruiting talent from Tencent and Baidu, so cultural integration is not a problem.
Then Lao Ma issued a comprehensive recruitment task.
Currently, there are many factions within Alibaba, and now a new group called the "princelings" led by Jiang Fan has emerged.
Li Mingyuan is also a crown prince, so let this former crown prince of Baidu clash with the current crown prince of Alibaba. No matter who is the whetstone for whom, the company will benefit, and that's enough.
From an individual to a department, external pressure alone is not enough for development; internal challenges and even family factors must also be faced. Only through rigorous trials can one achieve great things.
Li Yanhong, although you don't know me, I will gladly accept your gift.
thank you!
"If Baidu can maintain this momentum, ZTE has a chance. Now, it's our turn to offer timely help!"
Chen Mo addressed the members of the Heavenly Mystery Pavilion, a sharp glint in his eyes.
During this period, in addition to the group's daily operations, Tianjige also had a special task—to assess the loyalty of Baidu in its cooperation with Beyond.
Previously, Chen Mo's private meeting with Li Yanhong was initially just a verbal agreement.
It wasn't until he heard the news of the other party's divorce that he truly took it seriously. Subsequently, the two parties signed a framework cooperation agreement, which can be considered as a preliminary clarification of the direction of cooperation.
But Chen Mo was not without suspicion.
Perhaps it's an actor's self-cultivation, but Chen Mo is afraid that if Li Ge plays him, what if Li Ge plays a character who "sacrifices his wife to deceive a scoundrel" and uses the name of divorce to gain traffic and technology? Wouldn't the other side suffer a huge loss?
The members of Tianji Pavilion also harbored doubts, and even the newly joined Lu Qi could not be certain of Li Yanhong's true intentions.
After all, what if a top businessman who has been navigating the business world for many years suddenly repents and turns over a new leaf? No one can guarantee that he won't be betrayed in the future.
However, Baidu's swift and decisive actions in the past few days, dropping bombshells every day, have shaken the entire industry and caused Tianjige's loyalty rating to skyrocket.
Battle reports can be falsified, but battle lines cannot.
Just as Robin Li promised during their first meeting—he and Baidu would show sufficient sincerity.
Now, this sincerity is right in front of Chen Mo.
Sigma Li, who has turned over a new leaf, is someone you can get along with!
If someone mistreats me even a little, I will wipe out their entire family; but if they show me even an inch of respect, I will repay them ten feet!
This is Chen Mo's way of ninjutsu!
Lei Jun and Liu Qiangdong are the best examples. The former only borrowed 10 yuan privately, and Xiaomi is now among the top three in the world. Liu Qiangdong simply took the lead in past collaborations, and now he is thriving in the e-commerce and logistics fields. With the backend of Douyin, the layout of warehousing, and the dual-line development of high-end and low-end products, he is competing with Taobao and not falling behind.
The Tianji Pavilion had no further objections.
Chen Mo immediately convened CTO Xu Chaojun, Vice President of Cloud Computing Wang Jian, and General Manager of Beyond Search Dai Wenyuan to discuss the major plans and refine the division of labor for deepening cooperation with Baidu.
The three accepted the order, and the most excited of them all was Dai Wenyuan.
As a former Baidu employee, he followed his former employer's every move closely, feeling both gratified and emotional.
He knows Baidu's problems better than anyone else.
“By the way, Wen Yuan,” Chen Mo added, “According to my agreement with Robin, Baidu Search and Bi’an Search will share data. This time, you will represent Bi’an in the liaison.”
"Understood!" Dai Wenyuan replied solemnly.
This collaboration was not achieved overnight, but rather through phases, in different areas, and to varying degrees.
Although the leaders of both companies have reached a consensus, every collaboration needs to be deepened gradually based on trust.
This is a long journey of working together.
“Then…” Chen Mo’s gaze swept over everyone, “get to work.”
He then sent Chen Tong a message.
"You can release the news of the collaboration now!"
(End of this chapter)
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