I Have 100 Million Stores

Chapter 330 The New Shiwang Group Structure

As soon as Cao Xingyu's words fell, all the curious eyes of the audience turned to Cao Xingyu.

Judging by the situation, Cao always wants to announce something important? !

After realizing this, everyone sat upright, pricked up their ears, for fear that they might have missed something, and then raised their pens one by one to take notes.

In such an atmosphere, even Xie Qing couldn't help cheering up.

So serious and grand, does this kid, or the capital behind this guy, want to play any new tricks?

Xie Qing muttered secretly in his heart.

Feeling the hot gazes around him, Cao Xingyu just smiled lightly, and said succinctly:

"The first thing is to increase the number of subsidiaries of the group!"

"Increase the number of subsidiaries?" Hearing this, everyone showed doubts.

Of course, everyone knew about the fact that the group had two subsidiaries.

But in their impression, those two subsidiaries were actually just empty shells after all, and they didn't have the appearance that a company should have at all.

That's it, why add subsidiaries?

But at this time, when everyone dared not ask, Liu Ting raised her eyebrows and took the lead in answering:

"Mr. Cao, we already have two subsidiaries, Real Entertainment and Real Food, do we need to add more?"

"And there is another problem. Our subsidiary actually doesn't really play any role. Except for some of our low-level employees in the subsidiary of the corresponding industry, the subsidiary is basically an empty shell."

"Well, the fact that the subsidiary you mentioned is an empty shell is another thing I want to mention." Cao Xingyu nodded appreciatively at Liu Ting, and said:

"The group has decided to officially activate the functions of the subsidiaries from now on, so that each subsidiary can truly operate!"

"For example, the stores in our entertainment industry will be managed by Shiwang Entertainment Company in the future. Similarly, the stores in the catering industry will be managed by Shiwang Catering Company."

"Whether it's stores, personnel, operations, logistics, etc., the subsidiaries in the corresponding industry are fully responsible for everything, and each subsidiary is given sufficient autonomy."

"Let each subsidiary be able to focus on a certain industry and field!"

"The six major business departments in our headquarters group remain unchanged, but the personnel can be streamlined. In the future, the headquarters group will mainly do a certain amount of overall management and coordination of various subsidiaries, and then determine the overall strategy. Development goals, let each subsidiary strictly follow the strategic goals of the group headquarters!"

This is the final decision Cao Xingyu made after weighing up and down at home last night.

Let's really start enabling affiliates!

Let the subsidiaries work!

Although the current scale is not too large, the group alone can fully undertake all the work, but considering the structural adjustment in the future, it may be a bit painful, and the adjustment range will be quite large.

After all, the larger the scale, the more difficult it will be to adjust the structure. This is common sense.

Therefore, it is better to simply take advantage of this moment to directly define the structure and clarify the role of the subsidiary.

Let the subsidiaries corresponding to each industry start to operate formally, and establish a standardized management mechanism in advance.

Compared with other companies that cannot clearly define the future of the company and have no clear direction for the company structure, Cao Xingyu is almost predictable about the development of Shiwang Group, at least he is very clear about which fields he will set foot in.

This is also a huge advantage of his own.

It is possible to establish a set of infrastructure first, and to continuously improve this architecture as the company develops.

"Um, I understand." Hearing this, Liu Ting nodded and understood:

"Let each subsidiary focus on a certain industry, not only to better accumulate experience and resources in a single industry, but also to clarify the responsibilities of each company."

"When the scale becomes larger and larger, the role of the subsidiary will be fully utilized."

"That's right." Cao Xingyu nodded with a smile.

After such a conversation between the two, everyone present also understood Cao Xingyu's intentions.

In the final analysis, it is to divide the boundaries with subsidiaries as a unit, so that each subsidiary can focus on a certain industry field, instead of being completely arranged by Shiwang Group as it is now.

The benefits of this are obvious.

There will be no confusion, responsibilities are clear, and each subsidiary can focus on a certain field, which is of great benefit to the company in accumulating experience and resources.

It can also have an immediate effect on improving work efficiency.

This kind of division of business according to subsidiaries is very common in many large enterprises, whether it is the Internet or traditional industries, there are many examples.

only

Those are big companies!

"Mr. Cao, it's okay for us to have a subsidiary in the catering industry. After all, we have more and more catering stores, especially after the completion of this large-scale acquisition of stores, the total number of our stores will definitely reach Thousands of houses!" Ye Xiufei interjected:

"But in the entertainment industry, our current stores are pitifully small. Is it necessary to divide the situation so finely? It's better to manage them together first."

Ye Xiufei's words basically expressed the aspirations of many people present.

Anyone with a discerning eye can see that the role and value of subsidiaries are constantly improving as the scale increases.

Only when the scale becomes larger and larger, the value of the subsidiary will be greater.

Conversely, is it necessary to set up a subsidiary to manage the twenty or so stores in the entertainment industry?

Obviously, it is a bit of a waste of resources, and the taste of increasing costs for no reason is in it.

"Currently there are fewer stores in the entertainment industry, but it doesn't mean there will be fewer stores in the future." Cao Xingyu responded meaningfully.

As soon as Cao Xingyu's words came out, everyone was shocked.

Mr. Cao, does this mean that you want to enter the physical stores of the entertainment industry?

This.

It seems that it is not an impossible thing!

Many people came to their senses and thought about how long it took Shiwang Group to develop?

It's only been two months!

In such a short period of time, it has expanded to the current scale.

The catering industry is rushing to a thousand stores!

Such a terrifying expansion speed, coupled with Mr. Cao's strength that ordinary people can't fathom.

If we turn our attention to stores in the entertainment industry later, will it be difficult to expand?

It seems that it is not difficult at all!

At that time, the number of stores in the entertainment industry may also increase sharply!

"I understand." Ye Xiufei was stunned for a moment, then excitedly replied:

"Mr. Cao is planning ahead of time and adjusting the structure first to cope with our upcoming expansion!"

"Improve the efficiency of our management in the future!"

"Well, almost." Cao Xingyu nodded noncommittally.

After getting Cao Xingyu's confirmation, everyone present couldn't help showing excited expressions.

After all, the growth of the company is closely related to them!

"Mr. Cao, aren't the two subsidiaries of Real Entertainment and Real Food not enough? We need to add new subsidiaries?" Liu Ting pursed her lips and asked:

"Our company's current assets seem to be involved in catering and entertainment stores."

As soon as these words were uttered, everyone immediately came back to their senses, with expressions of surprise on their faces.

Yup!

Almost forgot about this!

There are two subsidiaries, isn't that enough?

You must know that these two fields are quite huge, and they already need to spend a lot of money!

Even more?

Is the group going to involve more new fields and new businesses?

"Well, it's not enough." Cao Xingyu nodded with a smile, and in the eyes of everyone's surprise, he said lightly:

"This time four subsidiaries will be added."

"Shiwang Real Estate Co., Ltd., Shiwang Logistics Co., Ltd., Shiwang Software Technology Co., Ltd., and Shiwang Investment Co., Ltd."

Wow!

As soon as these words came out, it was like a blockbuster, instantly causing an uproar in the audience!

All the people present were shocked, and they couldn't help but exclaimed, regardless of the fact that it was a meeting:

"Shiwang Real Estate?? Do we still want to be in the real estate industry? This... the real estate industry now has the highest barriers to entry in the real estate industry! Unlike buying land in the past, the price of land has already risen Many times, and this industry has extremely high requirements for cash, without a certain amount of cash flow, you can’t even buy land!”

"Shiwang Logistics? Does it mean our food delivery team? Isn't that a short-distance food delivery service? Doesn't it seem to have nothing to do with traditional logistics?"

"Shiwang Software, is this going to split our current software team?"

"There is also Shiwang Investment. Do we still have to get involved in the investment field?"

"."

Surprised and inexplicable voices kept ringing out!

In fact, the industry fields corresponding to the names of these four subsidiaries are too large!

Leaving aside Shiwang Software, the other three, it can be said that all of them are gold swallowing beasts!

The demand for funds is staggering!

Therefore, no one would have thought that Mr. Cao would suddenly add these four subsidiaries and target several new fields for Shiwang Group at present!

The key point is that the fields that the existing two subsidiaries, Real Entertainment and Real Food are involved in, also require a lot of capital investment!

With so many fields, can you really bear it?

Also, aren't we engaged in physical stores and chain brands?

Just jumped out of this circle all of a sudden.

Everyone's thoughts are starting to be messy!

Can't keep up with Cao Xingyu's rhythm at all.

Even Xie Qing, who was at the side, couldn't digest it when he heard the news.

Because all along, in her analysis, the business model of Shiwang Group revolves around stores.

Including the follow-up realization, she probably has some direction in her mind.

It is nothing more than using stores to form a certain monopoly, and then after gaining a market position, use various methods to realize traffic.

This model has been verified for a long time, but the only difference is that it does not operate stores like the Shiwang brand.

But now hearing the four subsidiaries mentioned by Cao Xingyu, Xie Qing was really a little dumbfounded.

Especially the real king real estate

Is this the rhythm of becoming competitors with our Xie Group?

Xie Qing looked at Cao Xingyu in disbelief. Does this guy know what he is talking about?

Also, do you think anyone in the real estate industry can play if they want?

As we all know, the real estate market in recent years has long been monopolized by a group of established real estate developers.

At most, there are still some local real estate developers in each city, who can get a share of the pie.

And the local real estate developers are either old brands that have developed for many years, or they have certain connections and backgrounds in the local area.

What does Shiwang Group have?

nothing!

How dare you call out to set up a real estate subsidiary company? ?

Not to mention logistics, it has long been a red sea, and the pressure of competition is not ordinary.

How about playing with your life?

In other words, the establishment of these subsidiaries is just for face? Make a show?

Xie Qing thought of a possibility.

Facing everyone's surprise and disbelief, Cao Xingyu smiled indifferently, and continued:

"Shiwang Real Estate, the follow-up business of this subsidiary is the real estate industry."

"Not only commercial real estate, but also residential real estate. In short, real estate-related, Shiwang Real Estate will be involved in the future!"

"It's just that Shiwang Real Estate will not make any big moves for the time being, and the initial task is more to conduct market research."

"Set the target of the research in Sansha City, collect all relevant real estate information, study and accumulate first."

"Prepare for us to enter the real estate industry."

"Do you really want to play real estate? And you are involved in both commercial real estate and residential real estate??? Are you crazy?!" Hearing this, Xie Qing couldn't help but ask, this news is too amazing!

There are one real estate developer in the country, and they generally focus on commercial real estate, and they will not get involved in residential real estate.

Like the Xie Group, it is one of the best and typical representatives.

Those who do residential properties generally do not set foot in commercial real estate, even if they do, it is only the kind of business that comes with the community, and the volume is very small.

The reason is that real estate requires too much cash!

And there are many competitors, and the pressure of competition is great!

In addition, real estate developers also have a brand effect in it. Focusing on a certain area can better build brand awareness and make customers trust and buy.

Don't underestimate the brand awareness, this is too important for real estate developers, because it involves the rate of payment and the speed of payment.

The faster the repayment speed, the faster the expansion will be, and the more funds will be available to farm land and open new real estate.

Conversely, if a real estate cannot be liquidated for a long time, it means that the real estate developer will be unable to withdraw funds for a long time.

For the real estate industry with high cash flow requirements, this situation will cause some small real estate developers to fail.

All the unfinished buildings in the country are basically related to the broken capital chain.

But now Cao Xingyu said to set up a subsidiary company to conduct research, collect data, and make complete preparations.

Having said so much, if Xie Qing still can't tell that Cao Xingyu is serious, then his life will be in vain.

The other people present were also stunned when they heard that Cao Xingyu had started to arrange early goals for the real estate company!

Research, to put it bluntly, is to learn and accumulate experience!

After all, in an industry like real estate, there is too much professional knowledge in it!

For Shiwang Group, if it enters blindly, it is likely to step on a lot of pitfalls and pay a lot of tuition fees.

Research in advance can avoid many detours in the future.

Oh my god, isn't it true that you are really planning to enter real estate? !

Everyone in the audience was in shock.

"That's natural." Cao Xingyu smiled and nodded in response to Xie Qing.

After a pause, Cao Xingyu took out the two documents he had prepared, pushed them to the center of the desk in the conference room, and said in a surprising way:

"In fact, we have already dabbled in real estate."

"These two copies, one is the residential real estate of Crystal Beauty County, and the other is the retail real estate of our flagship store on Daxing Road Pedestrian Street."

"Of course, this is at best a small disturbance, not a formal entry into the real estate industry."

"This is just to tell everyone that we will definitely get involved in the real estate industry in the future."

Wow!

As soon as Cao Xingyu's words came out, the audience was in an uproar!

A pair of shocked eyes looked at the stack of documents on the desk in disbelief!