The Fourth Lingshi Financial Crisis

Chapter 430 Black Iron Mine Management
Net profit of 10 yuan Lingshi coins!

Yang Lu was a little surprised by this astonishing figure, and Li Qingning next to him was even more stunned and said, "The net profit of [-] Lingshi coins in half a year, is this still the mine I bought back then?"

Back then, Li Qingning spent a total of 360 million Lingshi coins in order to acquire this black iron mine.

According to Li Qingning's original expectation, it would be good if the mine could generate 6 to [-] Lingshi coins in profit every year.

However, the ideal is very rich, but the reality is very skinny.

Li Qingning has been running this mine for three full years. Not only did he not make a penny of profit, but instead, he lost more than [-] yuan of Lingshi coins due to the loss of artificial materials every year.If it weren't for the fact that the sunk cost Li Qingning invested in was too high, she even wished to abandon this mine that would only lose money.

Although this huge loss is not unrelated to the corruption of Ji Sihan's team, even if the more than 50 Lingshi coins embezzled by Ji Sihan in the past three years are added back, the annual profit of this mine is only [-] to [-] Lingshi coins. Now Ji Sihan said that the net profit of the mine in the past six months has reached [-] Lingshi coins. How could this not shock Li Qingning?
You must know that Ji Sihan has not taken over this black iron mine for a long time, so the profit of the mine is definitely not going to reach the peak directly, and there is a high probability that it is still in the climbing period. If the black iron mine can maintain this profit trend, next year's It is not impossible to make a profit of 30 Lingshi coins!
360 million Lingshi coins were invested, resulting in a net profit of 30 Lingshi coins.This level of return on investment is already close to the average return on equity investment on Earth.In the Kyushu cultivation world where the average return on equity investment is less than 2%, this level of profit is definitely very rare.

If the Qingning Chamber of Commerce is willing to publicly disclose its financial statements, it is not impossible for the shares of this black iron mine to be sold at a sky-high price of tens of millions of Lingshi coins.

Yang Lu looked at Ji Sihan, and asked with a smile: "Guanji Ji, how did you turn decay into magic?"

Ji Sihan smiled proudly and said: "Consultant Yang, although the knowledge of mine management seems to be complicated, it is very simple to talk about. There are only two small things to do in total."

Yang Lu frowned and said, "Oh? What are the two trivial things?"

Ji Sihan stretched out two fingers of his right hand, and explained one by one: "The first thing is to prevent corruption in the mine as much as possible; and the second thing is to stimulate the work enthusiasm of all miners!"

Hearing this correct nonsense, except for Ji Sihan's direct subordinates, the rest of the employees of the Qingning Chamber of Commerce showed speechless expressions.

He Mingyuan even rolled his eyes on the spot, and mercilessly mocked: "If Manager Zhao said so, I think it sounds difficult to ascend the day, but it's very easy to do! First, first cultivate to the tenth floor of Nascent Soul The realm of consummation, the second attempt to break through the realm of immortals, isn't this correct nonsense?"

He Mingyuan's complaints made Li Qingning also show a deeply appreciative expression. If someone else had spoken to her in such a pretentiously deep tone, she would have slapped her long ago.

However, considering that this wretched-looking guy in front of her made a lot of money for herself, Miss Li looked at him with a pleasing look, and even praised him for the first time: "Ji Guanshi, how did you do it?"

Ji Sihan smiled wretchedly and said: "I have worked in the mine for half my life. I can smell ordinary petty theft with my nose. It is not that difficult to put an end to corruption. As for motivating everyone to start a business, the most important way is to let the miners More work, more pay. However, the workload of miners is very difficult to quantify, and the phenomenon of falsely reporting workload and grinding foreign workers is very serious. Therefore, after I took charge of Luanshicheng Mine, the first thing I did was to reform the performance appraisal method.”

Li Qingning nodded thoughtfully and said: "That's right, the workload calculation of miners is simply a black box. We can't arrange a performance reviewer next to each miner, and a supervisor next to the performance reviewer, and a supervisor next to the supervisor. Arrange a supervisor, according to what Yang Lu said, wouldn't this be that... a nesting doll?"

"Miss Qingning is really smart!" Ji Sihan reacted quickly, flattering him on the spot, and then continued his explanation, "So I have formulated a new performance appraisal system for miners, first of all, to increase the salary level of miners Compared with other large mines, the wages of miners are not paid according to the absolute size of the workload, but according to the relative ranking of the workload. No matter how much your total workload is, you must The highest level of bonuses can only be obtained by working harder than others. The miners who rank at the bottom even earn less than one-third of the miners who rank at the top. In this way, miners can be encouraged to supervise each other, work overtime, and involve each other to the greatest extent. !"

Hire a cow and horse to work with double wages, and then force the cow and horse to complete the workload of three people...

Isn't it just a conventional method for Dachang to raise Gu?
Hearing such an Internet-minded management method, even the well-informed Yang Lu couldn't help but gasp.

The wages of the Qingning Chamber of Commerce mine are significantly higher than other mines, which will definitely attract miners from the Luanshicheng area. However, the wage distribution of the Qingning Chamber of Commerce mine is heavily skewed towards outstanding employees.

This can not only establish a positive example of working hard to get rich in the miner circle, but also increase the sense of imbalance in the miners' hearts, make full use of the comparison mentality of "I see you making money, it is more uncomfortable than losing money myself", and encourage employees to spontaneously express their feelings. Volume, whoever dares to falsely report the workload will be directly attacked by peers.

And this kind of involution can be completely bottomless.

If you dare to 996 today, I will dare to 007 tomorrow. Through the workload arms race, miners are spontaneously encouraged to kill each other. Even if you are too old to roll, there will naturally be young people who are jealous of the high salaries of the Qingning Chamber of Commerce.

Most of the people present have management experience, so they naturally know how sinister and vicious Ji Sihan's new incentive system is.

Seeing that everyone was attracted by his original management method, Ji Sihan became even more enthusiastic about explaining: "Since I implemented a new working system, the working hours of miners have increased significantly, from the earliest 60 hours a week to 90 hours a week. 130 hours per week, the per capita production capacity has increased by 60%, but the labor cost has only increased by 15%. Relying on efficient labor, even many mine sections with serious shortage of black iron content are now worth mining. The entire mine Even if the average grade of this dark iron ore vein continues to decline at the current rate in the future, I am confident that in the next [-] years, I can recover all the investment costs for Miss Qingning and Consultant Yang .”

Hearing Ji Sihan's rhetoric, Yang Lu smiled noncommittally, turned his head to look at He Mingyuan and said, "Guard He, have you checked the accounts of Luanshicheng Mine? Is there any problem?"

He Mingyuan was naturally very upset when he saw Ji Sihan showing off.However, he knew that false accusation would not bring Ji Sihan down, so he reluctantly said: "According to the accounts of Luanshicheng Mine and the information I have, I can't see what this guy is up to!"

(End of this chapter)