Rebirth 2010: I taught Mr. Lei how to make a mobile phone
Chapter 791 Chen Mo's All in!
Chapter 791 Chen Mo's All in! (Part 2)
As a middle-aged man with ideals, morality, principles, and culture who is determined to change the competitive atmosphere in society, Chen Mo has always believed that entrepreneurs should set an example and become fighters against this competitive environment.
This is the only way to set a good example for the industry and guide it towards positive development, rather than adding layers of pressure and getting bogged down in vicious competition.
When starting a business was difficult, he had to do everything himself for the sake of the company's survival and the well-being of his employees, and he had to endure hardship first.
Now that the other side has grown bigger and stronger, he has become the richest man in the public eye. If he continues to compete internally, wouldn't he have been the richest man for nothing?
This reminded him of a typical case of a globally renowned company: in the early stages of its business, in order to overcome difficulties together, the management made a solemn promise to the employees that "as long as we become number one in the industry, we can achieve a work-life balance."
With the concerted efforts of all employees, the company not only rose to the top of the world rankings, but also maintained its number one position for seven consecutive years.
However, the reality is cruel.
As the company reached the top, in order to maintain its leading position, it launched a "100-day campaign" plan, requiring all employees to "strive for 100 days and overcome difficulties together."
The employees were surprised to find that despite being ranked number one in the world, they were faced with even stricter performance evaluations and heavier workloads.
Ironically, this overtime culture discriminates between different departments, with overseas branches maintaining their normal work pace.
After being disclosed by internal employees and exposed by the media, the company's spokesperson quickly issued three denials: "It's a rumor," "It was voluntary," and "It's a misinterpretation."
Because this requirement is not explicitly stated, it is only passed down by word of mouth among internal staff, who claim, "This is the employees' spontaneous fighting spirit; we are not forcing anyone."
Yes, I'm only talking about businesses.
After six years of exploration, Beyond Group has become a testing ground for a new paradigm in the industry.
Because the IT industry is inherently high-intensity and unpredictable, most business operations can be handled within an eight-hour workday, and urgent projects can be resolved by adding more staff.
If overtime is truly necessary to resolve the issue, all personnel will receive overtime pay and corresponding records, which will be kept on file by both HR and the labor union.
If overtime hours reach a set threshold, regardless of how outstanding the performance, the relevant department leaders will be subject to a joint interview by HR and the labor union, and performance evaluations will also be affected.
The "counterintuitive and illogical" operating model of the other side runs counter to the values and working models of other companies. In fact, in the eyes of some competitors, the other side model is a rebellion against the natural order and a perverse practice.
For special positions such as delivery and ride-hailing, the other side promotes a fair mechanism of "more work, more pay";
Other member companies of the Biyan Group, such as JD.com and SF Express, also pay social security for their express delivery and sorting workers, and have changed from the previous two-shift system to a more sustainable three-shift system.
While these measures have increased short-term costs, their long-term benefits are already evident:
First, companies in the other side of the strait never worry about recruitment; there is always a large number of talented people waiting in line to join them.
Secondly, the employees' work efficiency during normal working hours far exceeds that of their peers, and there are even frequent cases of exceeding the work target, which they enjoy doing.
In contrast, some competing companies have seen their employees develop a new skill: the "adaptive work method," where regular work hours are used for slacking off, and overtime is used for actual work.
This is not to say that the employees are lazy, but rather that they are forced into this situation because they know that even if they finish their assigned work ahead of schedule, there will be other new tasks, and the work will never be finished.
One is positive, the other is negative; the difference is far more than just a matter of distance.
The successful practice of the "Other Shore Model" proves that complying with labor laws is not only feasible, but can also bring sustainable development advantages.
If the other side can do it, and the member companies of the other side group can do it, then why can't other competitors do it?
Next, Chen Mo wants to do something similar to how Pang Donglai drastically reformed Yonghui, and drastically reform his competitors. If the reform fails, he'll destroy them and then support new competitors, just as he agreed with Pony Ma.
This is what Chen Moteng most wants to do after exhausting his energy.
He will treat these plans as strategic projects: analyzing the current situation, formulating solutions, implementing them, and summarizing and reviewing the results. Chen Mo is well aware that this path is more difficult than challenging for the title of the richest man in China.
But so what?
Gazing at the ever-expanding "Other Shore" empire on the screen, Chen Mo felt a surge of pride: half of the internet was now in his hands, providing livelihoods for millions of laborers. The Other Shore's dominance was now established, and it was fully capable of supporting his ideals and ambitions.
This is Chen Mo's all-in!
Of course, slogans are easy to shout, but difficult to implement.
To this end, Chen Mo has already begun to formulate his personal OKRs:
In 2017, the group completed the integration of its new organizational structure, forming a completely new fighting force;
In 2018, we consolidated our leading position in the industry while simultaneously making radical changes to our competitors;
In 2019, we launched our global expansion strategy to prepare for the potential 'three-year period' as early as possible.
During the systematic revision of the three-year plan, an unresolved question lingered in Chen Mo's mind:
He always felt that LeEco's situation was not as simple as it seemed on the surface.
这场涉及2位资本大佬、19位明星投资人、17家金融机构和26万散户的资本闹剧,最终以705亿债务和200多亿资金神秘蒸发收场。
Two bigwigs invested a total of 15 billion yuan and 2 billion US dollars respectively.
The tycoon, who never cried while in jail for his failed investments, shed tears at a press conference over this matter.
"I had a great hand, but I played it terribly. How could I have misjudged it in the first place?"
His words were filled with sorrow, and his expression was desolate; it truly moved anyone who heard it to tears and saddened anyone who listened.
Even though he's not here, news of him repaying his debts still comes from time to time, though its veracity is unknown.
Even more absurdly, these rumors have garnered a group of loyal followers in the country.
Even today, some supporters still firmly believe that he was just a "business genius who was ahead of his time, but whose life was full of misfortune and setbacks."
Chen Mo was also briefly misled by this narrative, until he saw through the true nature of the scam many years later.
This is hardly a "fall of a hero" story; it's clearly a classic fable about "fools and liars."
The only thing of value for Lao Jia is that he can find someone to write and film his legendary experience, which might even become an anti-fraud propaganda film to help pay off some of his debts.
Compared to him, even the hundreds of millions owed by figures like Luo Yonghao, the "industry jinx," and Wang Ke, one of the "Four Young Masters of Beijing," are nothing compared to his debts.
This is Chen Mo's memory. The reason it is so vivid is that the incident was widely known at the time and the news lingered for a long time.
But this time, after two more close encounters with Jia Yueting, Chen Mo discovered that Jia Yueting was an old man who didn't speak the truth much.
Although he was misled by his preconceived memories, Chen Mo keenly sensed that there was a deeper mystery hidden here.
(End of this chapter)
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