Chapter 555 Lessons from the failure of family management! professional manager system

Chapter 555 Lessons from the failure of family management! The importance of professional manager system! !

While Wangjian Computer Company was conquering the city, another technology company in Country M was also rising, which was Pingguo Company, which was famous for its personal computers (PCs).

A subordinate once suggested to Wang Yin to develop a personal computer, but Wang Yin thought that developing a personal computer was a ridiculous thing.

After Apple personal computers were put on the market, demand quickly exceeded supply.

IBM quickly followed suit and invested heavily in the development of PCs.

As PCs become more and more powerful, Wangzian Computer Company's minicomputers and word processors have no advantage.

Wangzhen Computer Company quickly developed PC products that were better and faster than IBM and Apple personal computers. However, due to personal grievances with IBM, Wangzhen insisted that Wangzhen PCs were not compatible with IBM and fought against the trend on his own.

Wang Jian once persuaded Bill Gates of Microsoft and Andy Grove of Intel to give up cooperation with IBM and instead cooperate with himself, but they refused.

The reason why Bill Gates refused was that Microsoft was still very weak and was still under the shadow of IBM. It needed IBM's cooperation and it was impossible for him to betray IBM.

Andy Grove visited Wangzhi in his early years and hoped that Wangzhi would provide some suggestions for a memory from Intel.

Wang Jing said: "If you had come to me earlier, you would never have come up with such a bad product."

Grove, who had a strong sense of self-esteem, left the scene angrily and held a grudge against Wang An ever since. How could he possibly cooperate with Wang An?

At this time, Wangjian Computer Company still had strength and would not collapse. However, Wang Yian made a huge mistake with his next decision, and he was unable to recover from it.

Wang Yian ignored repeated objections from the board of directors and insisted on electing his eldest son Wang Lie as the company's CEO and his youngest son as the president of Wang Yian Communications Company.

Wang's actions directly led to strong dissatisfaction within the company, and many talented people found other jobs, including Harold Koppel and John Cunningham.

Harold Koppel, in particular, gave Wang a proposal to create a modern workstation.

If Wangzian had adopted Harold Koppel's product development suggestions, Wangzian Computer Company could have found another way and become the leader in the business computer market. However, shopping malls are like battlefields, and there are no ifs.

Facts have proved that Wang Lie does not have the qualities and abilities of a leader. In just over a year since he served as CEO, the company's financial situation has deteriorated sharply.

In 1988, the company's losses reached $424 million, and the company's stock plummeted 90%.

In order to reverse the financial dilemma, Wang Lie made a series of outrageous operations, such as significantly increasing software fees. Customers would have to pay a fee of US$175 for a consultation call.

This has greatly hurt the feelings of old customers and lost the trust of partners.

In September 1989, Wang Yian was seriously ill. Despite this, he personally announced that his son Wang Lie would resign as president of Wang Yian Computer Company.

After Wang Lie resigned, Wang Press hired former GE President Richard Miller as President of Wang Press Computer Company because Richard Miller had a successful record of saving endangered companies.

However, Richard Miller lacked understanding of the computer industry and made some unfulfilled promises to customers, further reducing the company's credibility and the rescue operation ultimately failed.

Wang's computer company fell rapidly, and Wang's health also deteriorated rapidly.

On March 24, 1990, Wang Yong died of esophageal cancer at the Massachusetts Hospital at the age of 70.

In August 1992, Wangpan Computer Company went bankrupt and was reorganized into Wangpan Global. In 1999, "Wangpan Global" was acquired by a Dutch company for US$2 billion. Since then, Wangpan-related companies have completely disappeared.

Wang Jian once wrote in his autobiography: "If you want to be invincible in the fiercely competitive world computer industry, you must keep up with the continuous changes in the world economy and always be ahead of your peers."

Wang Jian did it in the early days of his business, but he failed to do it in the later stages of his career.

Wang Jian's initial success relied on his ability to continuously invent and create new technologies and products.

His ultimate failure was also due to the weakening of his innovation ability in the later period and his inability to launch new products.

In addition, he failed to properly handle the relationship with IBM and its subsidiaries, and did not cooperate and communicate well with IBM and its subsidiaries. At the same time, the company adopted family-style management, placing too much emphasis on blood relationships, appointing people as relatives, and did not choose to change the situation. Finding the right talent to succeed the company resulted in a failed transformation.

As a result, his company ended up being a tragedy.

Century-old companies in Europe and the United States will first create a set of scientific, reasonable and feasible rules and regulations, and then leave it to professionals to manage the company. A cooperative relationship based on mature systems can bring full trust.

However, due to cultural differences, Chinese companies tend to trust people who are related to them by blood. Business and family are inseparable.

Family management of enterprises is the reason why it is difficult for Chinese enterprises to transform.

The family management of Wang Yin Computer Company was the fundamental reason for his failure.

In the fiercely competitive international market, if Chinese companies with family management want to become bigger, stronger and farther away, this is a problem that must be solved urgently.

From the success, peak and decline of Wangpin and Wangpin Computer, there are only lessons left for the current Yang Ming and Imperial Group.

Of course, Wangzian and Wangzhen Computer were still in the process of development at this time, and had not even begun to reach their peak.

Yang Ming initially considered that Windows and Wangpin Computer’s main product, WPS, had similar functions, which meant that cooperation was impossible.

He had never thought about looking for Wang Zhen, nor had he thought about cooperating with Wang Zhen Computer.

Even Wang Yin is Chinese.

Now Wang Jian actually brought his son and even the person in charge of sales to visit him.

Maybe Wang Jian still doesn't know about Yang Ming's condition.

Compared with what they know about Sir Yang in Xiangjiang these days, Wang Yin and his son really admire Sir Yang.

"Sir Yang, it's really nice to see you." Wang Yin said.

"Sir Yang, we even flew to Xiangjiang to find you personally." Wang Lie said.

Of course Yang Ming knew why the other party flew to Xiangjiang to find him.

But that's not what it is.

Now Wang An Computer wants to get an order from the Imperial Group, and Wang An and his son fly to Xiangjiang. That is normal, and it means nothing.

From this point, Yang Ming could tell that Wang An's son did not have a very high emotional intelligence.

If you have high emotional intelligence, you won't talk about this.

Because there are so many people who want to see him.

No wonder, in history, after Wang Jian asked his son to take over the company, the company declined even more seriously.

"Dr. Wang, Mr. Wang, Mr. John, let's drink coffee first."

Yang Ming was not anxious at all.

The ones who were anxious were Wang An and his son.

Seeing Sir Yang's look, Wang An and his son could only endure it.

Yang Ming drank coffee and enjoyed afternoon tea with them there.

After almost half an hour, Wang Lie couldn't bear it anymore and said, "Sir Yang, we are here to talk about the Imperial Group's order of 200,000 computers."

Yang Ming was not in a hurry. He had the initiative. What's more, he knew that Wang Jian would not be able to cooperate with him because the other party's main product, WPS, had similar functions to the Windows system of Yang Ming's supercomputer software company.

In this case, how can the two parties cooperate?

Instead, the two sides are likely to be competitors.

"You guys don't have to worry."

"Sir Yang, do you want to cooperate with us?" Wang Jianye asked.

Yang Ming shook his head and said.

"You will know soon."

Waiting for afternoon tea.

Yang Ming took Wang Jian to his study alone. When he saw Yang Ming's demonstration of Windows 1, Wang Jian was a little shocked.

Sir Yang's supercomputer software company has actually developed such an operating system?

Then my company's WPS seems to be worse than this Windows 1.

Because Windows1 has all the functions that a WPS system should have.

Windows1 also has functions that the WPS system does not have.

The most important thing is that this operating system is priced at only $99.

It is much cheaper than his company's WPS.

At that time, Wang Jian knew that Sir Yang and him were not partners, but competitors.

Imperial Group does not produce computers, but it does have this operating system.

Wang Yian Computer not only produces hardware, but also software. Pingguo Company is similar, but different.

That is, Pingguo Company began to develop into personal computers, while Wangjian Computer still stubbornly developed as an office computer. This was doomed that Wangjian Computer would definitely fail or even be eliminated by the market.

chapter Five!

Please subscribe! !