In Hong Kong, we build a global business empire
Chapter 505: This CEO Fails
On the morning of February 2, an airplane slowly landed at Tokyo International Airport.
A middle-aged white man got off the plane.
This middle-aged white man is Anton Ellison, the CEO of Southern Company.
He sighed and walked quickly into the arrival hall.
This time in Japan, everything is full of unknowns.
The transaction of Southern Company was too sudden. By the time he found out, his old employer had already sold the company.
Now that things have come to this, he can no longer change anything.
Now, he just wants to know how this new club will decide his future.
In the arrival hall, someone was holding a sign with his name on it.
He walked over quickly and took the initiative to say, "Hello, I'm Anton Allison."
"Mr. Anton, I'm sent by Mr. Lin Haoran to pick you up. Please follow me!" said the young man who picked him up at the airport.
Anton Allison nodded, followed the young man silently out of the arrival hall, and soon arrived at the airport parking lot.
The car quickly drove from the airport into the city center, and he could see that there was a 711-Eleven convenience store on almost every street.
Although the number of 711-Eleven convenience stores in Japan is not as many as in the United States, in terms of density, it has already surpassed the United States.
In this regard, the Japanese market is indeed ahead of the American market.
As one of the most important markets for Southern Company today, Anton Allison has visited Japan many times and is no stranger to this place.
After half an hour's drive, the car finally arrived at the company's dedicated open-air parking space on the side of a building more than 20 stories high.
He was familiar with the area around here, Ginza, the most famous and prosperous commercial district in Tokyo.
He looked up and saw the words "Jade Tower" on the roof of the building, and next to the font was the logo of the Jardine Matheson Group.
He doesn't know Chinese, but he can still recognize the logo of the Hong Kong Land Group.
After all, he had also specially learned about the situation of his new boss Lin Haoran in the past few days, and the Swire Properties Group was one of the new boss's main industries.
So, he recognized the logo at a glance.
"Our boss is upstairs. I'll take you upstairs." The young man who picked us up at the airport announced after stopping the car.
"Thank you for your help!" Anton Allison nodded expressionlessly.
The elevator was pressed to the 23rd floor, which was the office of the Japanese branch of the Jardine Matheson Group.
At this moment, Lin Haoran was looking at a stack of documents in the office.
This is the Japanese stock market data collected recently by employees of Galaxy Securities, a subsidiary of the Hong Kong Land Group.
Among the 68 employees who came from Hong Kong, more than a dozen were employees of Galaxy Securities. Now, they have established a Japanese branch of a bank securities company here, which is also affiliated to the Hong Kong Land Group.
In addition to focusing on real estate investment, Lin Haoran also set his sights on the Japanese stock market.
Compared to the real estate industry, it is easier to make money in the stock market.
However, Lin Haoran is accustomed to investing separately, and if his companies want to grow, it is not possible to rely solely on the stock market!
At this moment, the information in Lin Haoran's hands contains detailed information about Japan's current industry giants.
Nippon Telegraph and Telephone Corporation, Toyota, Honda, Nintendo, Sony, Industrial Bank of Japan, Mitsubishi Estate, Tokyo Electron, etc., these are all listed companies that Lin Haoran pays close attention to.
Lin Haoran also pays special attention to several bank stocks in particular.
Today, the stock prices of these companies are not high. After ten years, it will not be a problem for them to increase by at least ten times or even dozens of times.
If you want to make profits by holding stocks for the long term, American companies, those future giants, are the most suitable.
If you want to hold stocks in the short term, you can never go wrong by choosing Japanese listed companies!
How glorious will Japan be ten years from now?
In 1990, among the top ten companies in the world by market value, eight were Japanese companies, from the first to the seventh. Only the eighth place was occupied by an American company, IBM.
Nippon Telegraph and Telephone Corporation, Bank of Tokyo-Mitsubishi, Industrial Bank of Japan, Sumitomo Mitsui Banking Corporation, Toyota Motor, Fuji Bank, Dai-ichi Kangyo Bank, IBM, Union Bank of Japan, ExxonMobil!
This is the ranking of the top ten companies in the world by market value in 1990.
The year 1990 was also the peak of Japan’s bubble economy.
This shows how exaggerated the Japanese economy was at that time.
No wonder some Japanese say they can buy all of America.
In such an economic environment, how could they not expand?
But at the end of 1990, everything came to an abrupt end.
It is true that "no one is good forever, and no flower is red forever."
Everything seemed so good, but at the end of August 1990, the situation took a turn for the worse and the stock market began to plummet.
By 1991, housing prices also fell, and Japan fell into a 30-year economic recession. Lin Haoran also knew about this through the Internet in his previous life.
Therefore, in addition to the real estate industry, Lin Haoran is also very concerned about the Japanese stock market.
At this time, there was a knock on the office door.
Lin Haoran then put the information down, looked up and said, "Come in."
The door was opened, and a middle-aged white man and a young Chinese man appeared at the office door.
"Boss, Mr. Anton Allison has arrived." The employee who greeted him at the airport said to Lin Haoran respectfully.
"Well, thank you for your hard work. You should go out and work first." Lin Haoran stood up from the chair.
"Then I'll be out first, boss!" After the young man said that, he helped close the office door and left the office, leaving the middle-aged white man behind.
He walked quickly to the door, smiled and shook hands with the middle-aged white man in front of him: "Mr. Anton, you just got off the plane, do you need to rest first?"
"No, Mr. Lin, I'm not tired now. I want to talk to you right now!" Anton Allison shook his head and said.
What he wanted to know most now was how this young boss wanted to deal with him.
He hasn't slept well since he learned that Southern Company had a new owner.
He has worked in Southern Company for more than 711 years, starting as a grassroots manager and working his way up to the current head of Southern Company. He has deep feelings for Southern Company and the -Eleven convenience store brand.
But he is just a professional manager after all. If the new boss really wants to fire him, he really has no choice.
"Come in and sit down, we really should have a good chat!" Lin Haoran pointed to a chair in the office and said with a smile.
Anton Allison nodded, walked over and sat down.
Lin Haoran also returned to his chair.
"Mr. Lin, I want to know, are you going to let me resign, or continue to let me serve as the company's CEO?" The two were silent for a while, and Anton Allison broke the silence.
"Let's not talk about this topic for now. What do you think about the future of 711?" Lin Haoran said with a smile.
“As the core business of Southern Company, 711-Eleven convenience stores have always been the focus of our development. Now, it has successfully expanded into an internationally renowned brand with branches opened in many countries and regions.
However, I believe that the convenience store industry is currently facing a development bottleneck in the United States. In the United States, most people prefer to shop at large supermarkets once a week. If convenience stores continue to expand blindly, they may fall into a loss-making situation.
Considering that Southern Company has accumulated huge cash flow due to its many convenience stores, I believe that diversified development is a top priority. These cash flows are an important support for us to implement our diversification strategy!
In other words, the United States can develop in a diversified way, while overseas regions, such as Japan, which is very suitable for the survival of convenience stores, can quickly expand the number of convenience stores!" Anton Allison analyzed seriously.
He also knew that this new boss was testing him, so he told him all his future plans at Southern Company.
Lin Haoran nodded. He already had a general understanding of the CEO of the Southern Company and knew how to arrange for him.
In another world, Southern Company filed for bankruptcy in 1987, six years later. The reason for the bankruptcy was that the company blindly pursued diversified development, which eventually led to heavy losses and was acquired by Japan's Ito-Yokado.
Diversified development is acceptable. In fact, Lin Haoran also strongly supports diversified development of the companies under his control.
However, even though he supports diversified development, he does not agree to blindly invest, especially in industries that have no future or are unfamiliar.
Obviously, Southern Company should have been doing very well relying on the global expansion of the 711-Eleven convenience store brand.
But their head office was courting death by blindly diversifying, diverting all the money earned from 711-Eleven convenience stores to expansion. Then when the investment failed, they had no money to make up for the loss.
At this time, the only option is to declare bankruptcy.
With a CEO like this, he would obviously not feel at ease if Lin Haoran continued to let him manage the Southern Company.
After all, he often delegated power to his subordinates, and the main reason for delegating power was that he trusted his subordinates' talents.
But the middle-aged white man in front of him was obviously incompetent and unqualified!
However, now is not the time to fire him. Southern Company has just been acquired, and Southern Company does not have any of his connections. If Anton Allison is fired, it will have a great impact on Southern Company in the short term.
Therefore, what we need to do now is to keep him stable.
After he has completely taken control of the Southern Company, he will gradually drive Anton Allison away.
"Mr. Anton is the soul of Southern Company. If I fire you, it will be a great loss to Southern Company. So I naturally hope to keep Mr. Anton as the CEO of Southern Company. I just don't know whether Mr. Anton is willing to stay on?" Lin Haoran asked with a smile.
Hearing Lin Haoran say this, Anton Allison was completely relieved. His face was no longer anxious and gloomy, but he showed a smile that he had not seen for a long time.
However, he did consider himself the soul of Southern Company.
In his opinion, how could he have served for more than 20 years, rising from a small manager to the top leader today, if he did not have the ability?
Even his old employer trusted him very much and gave him the decision-making power of the company.
Moreover, it was under his leadership that 711-Eleven convenience stores entered the Japanese market, and he felt that he had made the greatest contribution to this!
Therefore, when the new boss Lin Haoran said that he was the soul of Southern Company, he readily accepted it.
However, at this moment he didn't know that he had actually been directly passed over by the new boss.
Business is like a battlefield. If you meet the requirements, you will be promoted. If you are not up to the task, you will be forced to resign.
Business is by no means a place for charity. It does not consider personal feelings but only strength.
If Lin Haoran is soft-hearted and allows Anton Allison to continue to be at the helm of Southern Company, he, the boss, will be the one who will suffer the loss in the end. (End of this chapter)
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