The Birth of Shanghai's First Conglomerate

"Mo Yao, get ready, we're going to pay a visit to that young lady from Shanghai!"

"President Su, is it possible for us to see her?"

The news that the Shanghai heiress will hold her engagement banquet in Shanghai on January 1st is definitely a top business event in China.

Its scale was the largest in a decade, and there has never been a grander wedding than the eldest daughter's.

Even celebrities in the entertainment industry celebrated the young lady's engagement for seven consecutive days.

This shows just how many people wanted to give her gifts.

With a company as small as theirs, they probably don't even qualify for the queue!
Su Zi laughed and said, "You definitely wouldn't have seen this before, but it's different now. I have to thank you for introducing me to such a good driver. I'll double your year-end bonus this year. No, double is still too little. How about I just give you three million so you can do whatever you want?"

"three million?"

What heinous or virtuous thing could Mo Yao possibly do?
What makes him worthy of a three million yuan prize?

"Mr. Su, I haven't done anything wrong lately, have I?"

"Don't overthink it. You'll understand everything once you meet that young lady. Go see if Master Chen has time. If he does, explain it to him in advance."

"All right!"

Mo Yao immediately went to find Chen Pingsheng, who was chatting and drinking tea with his employees in the lounge. He didn't refuse when he learned that Su Zi was going to Baiyun to find his daughter.

He decided to drive Su Zi and Mo Yao together.

……

Guangzhou, Baiyun District.

An'an returned to work here right after her engagement party.

Because of the newly added Tengfei AI phone, she's quite busy now, with a lot to do.

Recently, she has been receiving a lot of visits from second and third-generation members of wealthy families, many of whom have started their businesses in the hundreds of millions.

These people simply wanted to get closer to her in order to secure some business collaborations.

An'an refused outright; she couldn't afford to waste her time on such pointless social engagements.

"An'an, I just received news that Su Zi from Shenzhen is coming to see you, and she'll be with your father!"

"She knows who my father is."

"They must know, otherwise they wouldn't have come over so directly."

Shen Youwei knew very well that even if Su Zi, with her current status, wanted to see An An now, she probably wouldn't be able to get a chance even if she made an appointment a year in advance.

The fact that she only sent a message to the secretary's office right before she arrived, in such a rush, means she must have known that An'an's father was with her and had given her a driver.

An An laughed, "My dad is really something. He had to hide his identity to be a driver. Now he's been found out. Su Zi is lucky, but my dad's opinion of her is still pretty good."

"Yes, your father said she is a very nice girl, which is quite a high compliment."

Over the years, Shen Youwei has always stayed by An'an's side, serving as her secretary and personal housekeeper.

“Then let’s arrange a time. I’d also like to meet my dad.”

She had no interest in seeing Su Zi; seeing her father was what she really wanted.

Su Zi herself knew this, which is why she came here specifically.

When they arrived, An An was waiting downstairs. Mo Yao wondered what she had done to deserve being able to come along to visit this young lady from Shanghai.

Now she's the richest woman in China, and what's more, she was actually waiting for him downstairs.

"Dad!"

"An'an, why are you still being so reckless?"

"I'm just happy to see you here!"

An'an affectionately took his arm, and Su Zi immediately handed An'an the gift she had prepared in advance.

Along the way, only Mo Yao was completely bewildered.

The young lady calls Master Chen "Dad"? Even a fool could see through their relationship.

No matter how capable the young lady is, all her confidence comes from her father.

So, what about Master Chen?
"Dad, why are you here to see me again so soon?"

"I didn't come to see you; I came as your driver. It's our CEO, Mr. Su, who wants to see you."

Su Zi didn't come for any other reason than to thank her for her help.

Perhaps the public comment she received earlier was insignificant to An'an, but it meant a great deal to her.

Not only did it make her father boast about it to everyone he met, but it also caused the valuation of her core projects to multiply.

It was fine if we couldn't see each other before, but now that we can, of course we have to come and express our gratitude.

"Then, Mr. An, I won't disturb your time with your father any longer."

Su Zi quickly stepped aside to rest, but An An still had a lot to say to her father alone: ​​"Dad, instead of being someone's driver, you should tutor me for a few more years."

"What else is there to tutor you with? I have taught you everything I can. The rest you have to experience and understand on your own."

“Dad, you know I don’t have my second sister’s talent for learning. Now I’m managing so many companies and I’m about to have a baby. With you not around, I can’t help but worry.”

"Don't worry, when you give birth, Dad will naturally come and take care of things for you. As for now, don't even think about slacking off."

Fine... nothing can be hidden from her father after all.

An'an asked him a lot of questions, and Chen Pingsheng patiently answered them one by one.

Corporate management is a process, and the more capable a person is, the better they understand how to delegate.

The more someone has to do everything personally, the more it shows that the boss's management skills are not very good.

An'an is not able to manage things easily right now; ultimately, she is still too young.

Many experiences are not enough to keep up with the large groups she now manages.

At the group level, the previously established Tengying Global Economic Research Institute has gathered a large number of top management talents.

They not only provide operational advice, but also have the authority to monitor the operation and management of each group in real time.

To put it bluntly, the most important purpose of the research institute now, besides providing global consulting, is to provide global services.

More importantly, it helps prevent major corporations from having a single, authoritarian leader.

The one-man rule model can only exist when a group is small; once it grows to a certain size...

One-man rule is a step backward in history, harmful and without benefit.

No matter which super company it is, if Chen Pingsheng still operates under a one-man rule, he will definitely abandon it immediately if he has shares in it.

Even his own daughter, who is very capable, cannot run the company with absolute power.

The power of oversight rests with the research institute's advisory group, while the power of execution is held internally within the group.

One internal and one external constraint, working together to maintain order.

Many departments within the group are mutually dependent and mutually reinforcing. We must never allow any one department to have too much power, nor should we allow any one manager to seize all ownership rights.

This was something Chen Pingsheng had implemented ten years ago.

For a company as large as theirs, external competition is never as harmful as internal corruption.

The reason why Baidu, once one of the most famous BAT giants, has fallen so quickly and failed to keep up with the times is because its internal structure had long been corrupt and decadent.

Even if An'an acquires all the shares of Tengfei AI Phone, she still won't be able to have complete control over the company.

It merely possesses all the dividend rights and management rights.

The power of oversight, including the power to appoint senior executives, is still held by the research institute advisory group, which is independent of the group.

Anyone who understands power knows that power should never be concentrated in one person's hands.

(End of this chapter)