Rebirth in 1985

Chapter 515 Reform

After more than a week, Yingke was finally divided up by Lu Shaohua and other four companies. The following things became much simpler. They just rectified the situation and cleared some employees out of Yingke Telecom, restoring a bright future for Yingke Telecom.

At the same time, the news of Yingke's change of ownership was also known to the media. However, when it was heard that Phoenix Group had acquired Yingke Telecom, the stock price did not fall but rose instead, which indirectly brought Yingke to a higher level and also demonstrated the influence of Phoenix Group.

Yingke was officially incorporated into Phoenix Communications. Phoenix Group became the largest shareholder of Yingke Telecom and completely controlled the right to speak. Lu Shaohua had the power to reform Yingke Telecom, and the employees inside naturally did not dare to say much.

Everyone knows the slogan of Phoenix Group: We need talents, not useless people. If you want to survive in Phoenix Group, you must have ability. If you don’t have ability, there is only one way to go, and that is to pack up and leave.

Now Yingke Telecom has become a listed company under Phoenix Group, so it is natural to follow the rules of Phoenix Group. It is also because of Phoenix Group's reputation that reform is much easier.

Of course, these matters do not require the involvement of Lu Shaohua, the owner of Phoenix Group. After all, Phoenix Communications also has its own boss, so just leave it to him to handle. However, Phoenix Communications has only been established for more than a week, and the general manager has not been selected for a long time. Now they have to reform Yingke Telecom, which seems a bit heavy.

The new general manager of Phoenix Communications is Liu Yi, a young man in his thirties. He used to be the deputy general manager of a foreign communications company. He returned to Hong Kong not long ago. Phoenix Communications happened to be recruiting, so he applied and was successfully hired. He has entered the probation period. Whether he can successfully pass the probation period and continue to stay at Phoenix Communications depends on his ability.

Now, Yingke Telecom needs to reform, so Lu Shaohua gave this task to Liu Yi, which can be regarded as a test to see if he is really capable. Lu Shaohua also said that if Yingke's reform is successful, Liu Yi can directly pass the probation period and sit down as the general manager of Phoenix Communications.

There was also a prerequisite before this, that is, Liu Yi must complete the reform within one month, otherwise it would also be considered a failure. Lu Shaohua did not give Liu Yi much time, but Lu Shaohua also gave him enough power, for example, to fire people, Liu Yi had the power to fire anyone, and he could report after the firing. It can be said that he was given a sword of authority, which allowed him to execute first and report later.

What will be the result? Lu Shaohua didn't know, and neither did anyone else. The answer would be revealed in a month.

A month passed quickly, in the blink of an eye. After a month, Lu Shaohua came to the office of Phoenix Group and summoned Liu Yi to report the situation.

The result is obvious. Liu Yi succeeded. After his reform, Yingke Telecom became a company similar to other subsidiaries of Phoenix Group. Except for more than 60 employees with good abilities, all other employees of Yingke Telecom were fired, accounting for %.

Yes, that's right, it reached 60%. 60% of the original Yingke Telecom employees were fired, leaving only about 7 people. The original departments were reduced to after Liu Yi's reform, which is nearly half the number.

Organizational bloat is a major problem of Yingke Telecom. Some departments are completely unnecessary, but they still exist, indirectly causing many people to sit around and get paid for nothing. Of course, the organizational bloat is directed at Lu Shaohua. There were some problems before, but they were not that serious. It's just that now it is under Phoenix Telecom, so some departments are no longer necessary. Those that should be merged will be merged, and those that can't exist will be removed. It's a very simple thing.

The department was streamlined and the number of employees was much smaller than before, but after all, nearly half of the employees were fired. Half of a company with more than 6,000 people were fired. Even if the department was streamlined, there would not be enough staff. However, this did not pose a problem for Liu Yi. He put up the name of Phoenix Group and it would not take long for him to recruit fresh blood. What's more, Phoenix Communications had already recruited a large number of employees. Now the two companies are part of the same family and employees can of course be shared. Therefore, the employee problem is not difficult to solve at all.

The reform has achieved tangible results, and Lu Shaohua is of course quite satisfied. He smiled at Liu Yi and said, "Your probation period has passed, and the position of general manager of Phoenix Communications is yours. In addition, your salary will also increase, just like the general managers of other companies."

In Phoenix Group, the salary and benefits are the same for everyone at the same level. As for the rest, it depends on your performance. The more performance you achieve, the more dividends you will get at the end of the year. For example, like Xu Jiarui, who is the general manager of Phoenix Sales, his annual dividends are more than ten times his salary.

"Thank you, Mr. Lu." Liu Yi was also very happy and said sincerely.

"Haha!" Lu Shaohua laughed and said, "Don't thank me, you deserve it. But don't think that everything will be fine after the probation period. Your future performance is still very important. If you don't make any progress, Phoenix Group will not keep you. Well, another thing is that your performance is related to the dividends at the end of the year. If you want to make more money, there is only one way, that is to work hard and make good results. Not only can you keep your position, but you can also get more money."

Lu Shaohua always speaks so directly, and doesn't know how to conceal his feelings at all. However, Lu Shaohua doesn't think there is anything wrong with him doing this. After all, his relationship with Liu Yi is that of a superior and a subordinate, so there is no need to conceal his feelings. More importantly, Lu Shaohua is reminding Liu Yi not to be blinded by his current victory and not to be carried away by it. Future achievements are equally important.

Liu Yi knew the rules of Phoenix Group. The competent ones would take the positions. Those without the ability would give up their positions. Some would stay for observation, and some would be directly expelled from Phoenix Group. "Don't worry, I will continue to work hard."

"That's good." Lu Shaohua was quite satisfied with Liu Yi's performance and nodded. He changed the subject and said, "Well, let's leave the other things alone. Next, let's talk about the company's affairs."

Liu Yi didn't say anything, but nodded gently, sitting quietly, pretending to listen attentively.

Lu Shaohua's eyes were always on Liu Yi's face, and his expression was naturally in Lu Shaohua's eyes. Seeing this, Lu Shaohua said without further ado, "Phoenix Communications and Phoenix Yingke, do you know what the relationship is between them?"

After Yingke Telecom was acquired by Lu Shaohua, its name was immediately changed by adding the word "Phoenix" in front, becoming Phoenix Yingke.

"Phoenix Yingke is a listed company under Phoenix Communications." Liu Yi's answer was concise.

"Yes, Phoenix Yingke is a listed company under Phoenix Communications." After a pause, he continued, "But Phoenix Yingke does not really belong to Phoenix Group. It is a listed company. Phoenix Group only owns 51% of its shares, and the other 49% is in other people and the market. So, in a sense, Phoenix Yingke does not belong entirely to Phoenix Group."

"Oh?" Liu Yi frowned. He really didn't know about this and thought Phoenix Yingke was a wholly-owned subsidiary of Phoenix Group.

Yes, Phoenix Group only holds 51% of the shares of Phoenix Yingke and is not a wholly-owned company. This is a fact that must be recognized. But what was Lu Shaohua's intention in telling Liu Yi this news that had never been revealed to the outside world?

Liu Yi was also thinking about this question. This information, which had never been revealed to the outside world, came out of Lu Shaohua's mouth. Was there any purpose behind it?

The answer is simple. Lu Shaohua certainly has a purpose, but Lu Shaohua did not say his purpose right away. Instead, he continued to talk about the previous question. "Phoenix Pacific Century is controlled by four people. In addition to the 51% of our Phoenix Group, Li Jiacheng, the chairman of Cheung Kong Holdings, controls 10%, Mr. Fok Ying-tung, the founder of the Fok Ying-tung Group, controls 8%, and the other is Richard Li, the former chairman of Pacific Century, who controls 30% and is the largest shareholder besides our Phoenix Group."

Shocked and surprised, this is the true reflection of Liu Yi's facial expression now.

Liu Yi was indeed shocked and surprised, because the four people Lu Shaohua reported were all well-known figures in Hong Kong. Let alone, Ho Ying-tung alone was enough to shock the world, and now, the two supermen of Hong Kong, father and son, were involved. How could Liu Yi not be surprised?

However, Lu Shaohua didn't care about Liu Yi's surprise and continued. "The reason I told you this is very simple, that is, you have to distinguish the relationship between the two companies. Although they are under the Phoenix Group, they are two companies after all. There are some things that should not be mixed up, especially the accounts, which should not be mixed up."

Brothers should be clear about accounts, this is Lu Shaohua's principle of doing things. Phoenix Yingke is a company owned by four people. No matter how good the relationship between Lu Shaohua and the three of them is, they have to keep it clear, especially the accounts. Otherwise, they might fall out in the future because of this.

"Okay, I understand." Liu Yi nodded heavily to show that he understood what Lu Shaohua meant, but suddenly, he realized another problem and said with a guilty conscience, "During the reform some time ago, I transferred some employees from Phoenix Communications to Phoenix Yingke. What should I do about this?"

"Well, it's fine during the reform period, but when it's almost done, we have to recruit new people to fill the vacant Phoenix Yingke, and then transfer all the original employees here." Lu Shaohua waved his hand to indicate that it was fine, and then changed the subject and said, "Another important point, if there is any business cooperation between the two companies, you have to show the plan to the other three shareholders for their review, and then implement it after they have come to the rescue."

"I understand this." Liu Yi is not a fool. Of course, there would be no mistakes in such matters. However, since Lu Shaohua specifically reminded him, he still agreed solemnly.

"That's good. Well, if there is anything at Phoenix Communications, just report it directly to President Qin. You don't have to go through me. She can make all the decisions." Lu Shaohua was telling Liu Yi to report anything to Qin Sichen, and at the same time, he was also establishing Qin Sichen's power.

"Ok."