Vol 5 Chapter 739: inherited
The issue of corporate lifespan is a heavy topic for entrepreneurs who have ideas.
Because our country has only been reforming and opening for decades, and there are still some twists and turns in the middle, our country's statistics may not be convincing.
But the statistics of the United States should be very telling.
In the United States, where the business system is mature, about 62% of companies have a life span of less than 5 years, and only 2% of companies can survive for 50 years; the average life span of small and medium-sized enterprises is less than 7 years, and the average life span of large companies is less than 40 years. The average life span of the company is 10-12 years.
No one will feel optimistic about this kind of data. It is precisely because they are not optimistic that they have to think.
According to Tata's experience, Feng Yiping feels that he can be as good as Tata whether it is social responsibility or rewards to employees.
Then, what follows is naturally the question of the helm. This question is also a question that he has not yet come up with the correct answer.
Some people may say, how easy it is, why not just find a professional manager?
It's really not that simple.
There are many examples showing that family businesses actually live longer.
Now Feng Yiping doesn’t necessarily want his own business to be inherited by his children in the future. He believes that in the future he will make decisions on this issue, such as handing over the company to professional managers to operate after he retires. , And will surely get widespread support.
However, we all know that family culture is one of the distinguishing characteristics of Eastern culture in the economic field. India is the case, and our country is no exception.
The few time-honored brands that have survived in our country, such as Wanglaoji, have always relied on family heritage.
Others such as Zhang Xiaoquan, Tongrentang, Liubiju...The same is true.
Perhaps the country with the most time-honored brands in the world is Japan. There are several companies that have been inherited for more than a thousand years. Like Tata, there are tens of thousands of companies that have been around for nearly 150 years.
These tens of thousands of companies that have been in business for more than a century and a half have also been family operations.
Cartier, Auchan in Europe, DuPont and Ford in the United States... the same is true.
That is to say, looking at the world, from Asia to Europe, including the United States, those long-lived companies are mostly family businesses.
We do not discuss the unfavorable effects of weak innovation and fixed class if there are too many long-lived companies. We only consider from our own perspective, family inheritance, and the descendants of the founders as the heads. This backward method is extending In terms of business life, it is not necessarily without advantages.
It may be because the family business with the direct descendants of the founders as the heads, in the face of adversity, the ties of blood and family bonds will tightly bind the owners of their entire family together, sharing glory and disgrace. We are both good and bad, and together we maintain the foundation created by our predecessors.
Everyone’s biggest concern about this issue is that Lao Tzu is a hero, and his son is not necessarily a good man. If the company is handed over to future generations, there will be a second generation ancestor who is cheating and prodigal. You have worked so hard to build a building. He may be a few years old. Just take it apart and clean it.
This is indeed a problem.
But objectively speaking, the same situation occurs among professional managers.
Jin Ling and his partner, it is conceivable that there is no possibility of repetition, Jin Ling regards Feng Yiping's career as his own.
But for other professional managers, the attributive word in front of the manager, "professional", naturally has a professional meaning, but it should also have this meaning. For many professionals, "manager" is just one of theirs. Occupation.
Since they are a profession, they tend to be inclined to their own interests on some issues, which is inevitable. If this house does not do well, he can go to the next one. You cannot expect all professional managers to treat their jobs as Do it by career.
This is not bad. It is not uncommon for the bird to occupy the nest and evolve your career into an extreme person like his industry.
Like the famous Gome, it is more common for Mr. Chen who colluded inside and outside to calculate the majority shareholder, or sacrificed the interests of the majority shareholder to make his pockets richer.
Also, for example, Apple hired so many first-class professional managers to expel Steve Jobs unceremoniously. The result is still getting worse.
It was still in the United States, and Apple could think of asking the head of Coca-Cola to serve as CEO.
However, in China, even if it is not the successor of the founder, it is usually found within the company to find a successor. In fact, this scope is only slightly larger than the scope of a family.
Those who are elected may also be mediocre.
It can be seen that whether it is to be succeeded by one's own descendants or to let a professional manager operate, it is not the most perfect plan. This is also a problem that Feng Yiping wants to learn from.
"I can only talk about our experience," Laden said. "From our experience, the successor does not necessarily have to be one's own descendants, but can be other capable members of the family."
"You are the nephew of Mr. IRD Tata," Feng Yiping said with a smile.
"You're right, so the range of options you can choose is suddenly much larger," Laden said.
Who knows that Feng Yiping smiled bitterly when he heard this, "In our country, family planning is the basic national policy.
He has no nephew.
Oh, there are still people far away, like Feng Wenhua and others.
There are also a few cousins and their children, but judging from their current performance, I am afraid that this is not something that can be expected. Based on their own conditions, their children should have a stronger comprehensive ability.
"Oh, then you can only consider professional managers. Of course, the premise is to firmly grasp the decision-making power of the enterprise. In addition to our method, the Ford method of the United States, you may be able to learn from this method. You are actually familiar with this method. It is a dual-shareholding structure. The Ford family, regardless of the number of shares held, always owns 40% of the voting rights in Ford."
He also shook his head gently, "We are now facing the problem you worry about. I don't want to work until I get in a wheelchair. After I turn 70, I will definitely retire. But at present, the people who can succeed in the family still There really is no, my successor seems to be a professional manager from outside,"
"Thank you," Feng Yiping did not relax much. On this issue, Tata could not provide much reference.
…………
Similarly, when Feng Yiping was chatting with Laden, in Mumbai and India, there were many big figures talking about him.
This includes the Reliance Group, which often replaces the Tata Group and becomes the leader of Indian private enterprises, which is the group founded by the old Ambani, the hero of India's corporate hero in the 1970s.
However, after the death of the old Ambani, the eldest son Mukesh, later the owner of the world's most luxurious mansion, and the younger son Anil immediately separated.
But even after the division of the family, there have been constant disputes, which have become clear recently.
Their struggle has even attracted the attention of the Indian government~www.wuxiaspot.com~The Ambani family, known as the Rockefeller family of India, is not just talking about it. Among Indian stockholders, out of an average of four people, One holds their stock.
At this time, the two brothers who had big opinions, and rarely agreed, were talking about Feng Yiping.
In the same way, the Indian genius was born in the next generation. India’s most influential industrial and financial family, the Bella family, and the genius in power, Kumar Bella, is also listening to the report of Feng Yiping from his subordinates.
He is more troubled than the Ambani brothers.
In July, the chairman of the MP Bella Group, Priyawana Bella, the widow of his cousin MP Bella, passed away. She left a will that caused an uproar: announcing that the company would be owned by her. The right-hand man and accountant Rodha inherited, and all the property of the group will no longer belong to the Bella family.
Even if their husband and wife have no children, such a will is not only incredible, but also makes the Bella family, which has always been respected, become the laughing stock of all of India.
The story behind this will has become the main content of the casual chats from all walks of life in India.
For this reason, they had to file a lawsuit in the court, requesting that the will be invalidated and the M.P. Bella Group should be placed under the family's banner...
The problems Feng Yiping worried about were happening to them now.
Lakshmi Mittal, the head of the Mittal family, known as the King of Steel, is also paying attention to Feng Yiping.
He is more relaxed, he inherited his father's inheritance, has cultivated his own successor, and that is his eldest son, Andia Mittal.
At this time, these big Indians all had the same attitude towards Feng Yiping. First wait and see, let him talk to the Tata family first, and see what this young Chinese man who has risen to fame in recent years is talking about at the University of Mumbai this afternoon Say it again.
