Global Monopoly of Technology

"The board of directors has passed the resolution. For the management, the focus is on the next personnel changes. This time the change is different from the previous one. This time will be very big. The decision to split and reorganize is an unprecedented scale within the company. Due to the major adjustment, many business segments will be spun off from Bluestar Technology to become a subsidiary with consolidated financial statements with the parent company but operated independently."

Luo Sheng's voice resounded throughout the audience, and the hearts of many people in the management were quite enthusiastic when they heard this, which meant that everyone present had a chance to be promoted. Obviously, the company was thinking of moving forward as a group.

It's long overdue.

"Old Zhang, please publicize the specific implementation plan of the board of directors." Luo Sheng turned to look at Zhang Bowen, the chief operating officer of the meeting, who nodded and began to speak and announce:

"The board of directors has passed the plan proposal for the spin-off and reorganization, and will spin off Bluestar Technology to establish the parent company Bluestar Technology Croup, referred to as 'BTG Group', and will spin off the company's current six major business operation sectors. Come out and set up ten wholly-owned subsidiaries with independent accounting businesses, independent operations, and consolidated financial statements with the parent company."

Every member of the meeting listened carefully.

The current six major business segments of Bluestar Technology are: Bluespace/BlueSpace, Bluestar Video/BluestarVideo, Cloud Song Search, Bluestar Music/MusicSpace, Reddit, and the upcoming new business Weibo/MicroBlog.

In order to better manage the company's business, the same business will also be spun off and divided into domestic and international versions, each operating independently. Only in this way can we take into account domestic and overseas business.

Next, Zhang Bowen began to announce the personnel changes proposed by the board of directors one by one, the main focus being the appointment of the first heads of ten wholly-owned subsidiaries.

Blue Space: Li Songyi as CEO

BlueSpace: Jack Stoppelman as CEO

Blue Star Video: Zhou Jin as CEO

BluestarVideo: Chad Hurley as CEO

Bluestar Music: Zhang Long as CEO

MusicSpace: Max Dill as CEO

Cloud song search: Yu Jun as CEO

Weibo: Li Mingyuan as CEO

MicroBlog: David Sachs as CEO

Reddit: Steve Hoffman as CEO

The heads of the ten major subsidiaries were originally the heads of the business sector, and they were basically carried over as a matter of course.

The positions of key executives at the core level of the parent company Bluestar Technology Group have been changed to:

George Charles serves as the co-president of the Americas of Bluestar Technology Group, and is fully responsible for the business issues of the group company and its subsidiaries in North America.

Niksh Mehrotra is the Co-President of Europe and has overall responsibility for the business issues of the group company and all its subsidiaries in Europe.

Zhang Bowen served as COO, director, vice chairman, president of Greater China, global joint executive vice president, president of the corporate development department, director of the corporate strategic investment review committee and director of the corporate human resources committee of Bluestar Technology Group.

Xu Yong serves as CTO, director, senior director of product development department, deputy director of innovation workshop department, director of global network security and user privacy protection office of Bluestar Technology Group.

Irene serves as the CFO, director, director of the president's office, assistant to the president, director of the global accounting department, and president of the accounting management department of Bluestar Technology Group.

As the founder of the company, Luo Sheng serves as the chairman, president (CEO) and director of the innovation workshop of Bluestar Technology Group. He may be the one with the least title among the core management team of Bluestar Technology Group.

But there is no doubt that he is the absolute soul of the group company. It can be said that the company can run smoothly without anyone, but without him, it may soon decline.

In fact, this also brought "key person risk" to the company, but Luo Sheng didn't care.

The ideal situation in theory should be that even if the founder leaves the company, the company can still develop healthily and sustainably, but Luo Sheng does not need this so-called ideal situation, nor does he care about the "key person risk", and he has a strong desire to control. Said that once the company can't play without him, this is the result he wants most.

Only this kind of result can strongly maintain absolute control and leadership over the company.

If the company that you painstakingly created is not your own or has nothing to do with you, no matter how well it develops, it means nothing to you.

As for the so-called successor issue, Luo Sheng doesn't have to think about it for at least 30 to 50 years. He is only 20 years old now.

The management positions of the company are composed of president (CEO), vice president, senior director, director, senior manager, manager, and supervisor in descending order.

It was not easy for Zhang Bowen to finish reading all the questions about the change of management positions. It took more than 20 minutes to finish reading, and all the members in the meeting got the opportunity to be promoted.

Basically, I have been in the original management position so far, as long as I don’t make a big mistake, I have been promoted naturally, because when the company is still growing at a high speed, the demand for talents is still huge, and the business has been stripped and reorganized. The original The best way to deal with it is to continue to be in charge of the restructured business. As long as you don't mess up before that, the promotion will be a natural thing.

After Zhang Bowen sat down, Luo Sheng spoke again: "Basically, this is the arrangement of the board of directors for the senior management. If you have any objection, or if you feel that this arrangement is not appropriate, you want to transfer posts or have other problems. It was stated at the meeting that there is no time limit for today's meeting until the restructured management team is finalized, because the list of key senior management will be disclosed to the outside world tomorrow."

After speaking, Luo Sheng looked around again at everyone present, and after waiting for a while, no one raised any objection.

Surely there will be no objection, who would resist a promotion? It's hard to say whether you can get more options after the promotion, but the basic annual salary will increase accordingly.

Luo Sheng waited for a while, but when he saw that no one responded, he immediately made a decision: "OK, since there is no objection, it's settled, and it will be officially announced tomorrow. However, the corporate restructuring structure cannot be rushed, and it must not be because of the restructuring. The incident affects the normal operation of the current major business sectors."

Speaking of this, Luo Sheng added: "But it can't be delayed for a long time, the restructuring must be completed before the end of this year. Many people are promoted directly from the inside, and the core management team of the company is generally biased. Young people, the average age is only 28.5 years old, many people do not have much management experience, the successful completion of the reorganization is the first assessment for you, and it is also the most basic assessment."

"If even an adjustment within the company will cause chaos and unbalance, how can I trust you to be on your own? So which section goes wrong, I will personally remove the person in charge of which section."

Many young managers who attended the meeting couldn't help being shocked, and they quickly calmed down from the joy of being promoted. Only then did they realize that Luo Sheng was the one who the company absolutely said.

I am even more aware that the company has been expanding its recruitment of talents, and I don’t know how many headhunting companies have undertaken Bluestar Technology’s list and poached people all over the world.

There is absolutely no doubt that if you screw up, you will be kicked out, and then an executive will be airborne to take over.

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(Ps: It will be on the shelves tomorrow, and there will be 5 more updates today. Before it goes on the shelves, watch it for free, and it will continue to explode tomorrow. You can subscribe to the VIP chapter to support ducks (*^▽^*)…)