I lost my vegetative state, and I became the richest man in the world

Chapter 556 A lesson from the failure of family management!The importance of the professional manager system! !

When Wang Press Computer Company was conquering the city, another technology company in country M was also on the rise. This is Pingguo Company, which is good at personal computers (PCs).

A subordinate once suggested to Wang Yin to develop a personal computer, but Wang Yin thought that developing a personal computer was absurd.

After the Apple personal computer was put into the market, the supply soon exceeded the demand.

IBM also quickly followed up and invested heavily in the development of PCs.

As PCs became more and more powerful, Wang Press's minicomputers and word processors had no advantages.

Wang Press Computer Company quickly developed PC products that are better and faster than IBM and Apple PCs, but due to personal grievances with IBM, Wang Press insisted that Wang Press PCs were not compatible with IBM and fought against the trend with his own strength.

Wang Press once persuaded Microsoft's Bill Gates and Intel's Andy Grove to give up cooperation with IBM and cooperate with himself, but they refused.

The reason for Bill Gates' refusal was that Microsoft was still very weak and still under the shadow of IBM. It was the cooperation of IBM that he needed, and he could not betray IBM.

Andy Grove visited Wang Press in his early years and hoped that Wang Press could provide some suggestions for a memory of Intel.

But Wang Press said: "If you had come to me earlier, you would not have produced such a poor product."

Grove, who was extremely self-respecting, left the stage angrily. Since then, he has held a grudge against Wang Press. How could he cooperate with Wang Press?
At this time, Wang Press Computer Company still has strength and will not collapse.However, according to the next decision, Wang made a huge mistake and has been unable to recover ever since.

Regardless of the repeated objections of the board of directors, Wang Yin insisted on electing his eldest son Wang Lie as the CEO of the company and his youngest son as the president of Wang Press Communication Company.

Wang Press's doing so directly led to strong dissatisfaction within the company, and many talented people sought other jobs, including Harold Coppel and John Cunningham.

In particular, Harold Koppel, who had suggested to Wang Press the creation of modern workstations.

If Wang Press had adopted Harold Coppel's product development suggestions, then Wang Press Computer Company could have found another way and become a leader in the business computer market, but the market is like a battlefield, and there is no if.

Facts have proved that Wang Lie does not have the quality and ability of a leader. During his tenure as CEO for just over a year, the company's financial situation deteriorated sharply.

In 1988, the company lost as much as $4.24 million, and the company's stock plummeted 90%.

In order to reverse the financial difficulties, Wang Lie came up with a series of tricks, such as: greatly increasing the cost of the software, and customers have to pay 175 US dollars for a consultation call.

This greatly hurt the feelings of old customers and lost the trust of partners.

In September 1989, Wang Press was already seriously ill. Despite this, he personally announced that his son Wang Lie had resigned from the post of president of Wang Press Computer Company.

After Wang Lie resigned, Wang Press hired former GE president Richard Miller as president of Wang Press Computer Company, because Richard Miller had a successful record of saving endangered companies.

However, Richard Miller's lack of understanding of the computer industry made some unfulfilled promises to customers, further reducing the company's credibility, and the rescue operation ultimately failed.

Wang Press's computer company fell rapidly, and Wang Press's health also deteriorated sharply.

On March 1990, 3, Wang Yin died of "esophageal cancer" at the Massachusetts Hospital at the age of 24.

In August 1992, Wang Press Computer Company went bankrupt and reorganized into Wang Press Global. In 8, "Wang Press Global" was acquired by a Dutch company for US$1999 billion. Since then, companies related to Wang Press have completely disappeared.

Wang Press once wrote in his autobiography: "If you want to be invincible in the highly competitive world computer industry, you must keep up with the constant changes in the world economy and always be ahead of your peers."

Wang Yin did it in the early days of his business, but not in the latter part of his career.

Wang’s initial success was due to his ability to continuously invent and create new technologies and products.

His final failure was also due to the weakening of his late innovation ability and his inability to launch new products.

In addition, he did not handle the relationship with IBM and its subsidiaries well, and did not cooperate and communicate with IBM and its subsidiaries well. For the right talent as the successor of the company, leading to the failure of the transformation.

Thus, his company ended up being a tragedy.

Century-old companies in Europe and the United States will first create a set of scientific, reasonable and feasible rules and regulations, and then hand them over to professionals to manage the company. A cooperative relationship based on a mature system can bring full trust.

However, Chinese companies, because of their different cultures, tend to trust people who are related to them by blood. Businesses and families are inseparable.

The family management of enterprises is the reason why it is difficult for Chinese enterprises to transform.

The root cause of Wang's failure was the family management of the computer company.

In the fiercely competitive international market, it is a problem that must be solved urgently if Chinese enterprises with family management become bigger and stronger and go far.

From the success, peak, and decline of Wang Press and Wang Press Computer, there are only lessons left for Yang Ming and the Imperial Group.

Of course, Wang Press and Wang Press Computer are still in development at this time, and have not even begun to peak.

At the beginning, Yang Ming thought that Windows and WPS, the main product of Wang Press Computer, had similar functions, that is to say, it was impossible to cooperate.

He didn't think about looking for Wang Press, nor did he think about cooperating with Wang Press's computer.

Even Wang Yong is Chinese.

Now Wang Yong actually brought his son and even the person in charge of sales to come to his door.

Maybe Wang Yin didn't know Yang Ming's condition yet.

Compared with what they knew about Sir Yang in Xiangjiang these days, Wang Yin and his son really admired Sir Yang.

"Sir Yang, it's really nice to meet you." Wang Press said.

"Sir Yang, we even flew to Xiangjiang to find you." Wang Lie said.

Of course Yang Ming knew why the other party flew to Xiangjiang to find him.

But that's not what it is.

Now it is Wang Press who wants to get an order from the Imperial Group, and Wang Press and his son fly to Xiangjiang. That is normal, and it doesn't mean anything.

From this point, Yang Ming could tell that Wang Yin's son's EQ was not very high.

If you have a high emotional intelligence, you won't bring this up.

Because there are many people who want to see him.

No wonder, in history, after Wang Yin let his son take over the company, the company declined even more severely.

"Dr. Wang, Mr. Wang, Mr. John, let's have coffee first."

Yang Ming was not in a hurry.

It was Wang Yin and his son who were anxious.

Seeing Sir Yang's appearance, Wang Press and his son could only endure it.

Yang Ming drank coffee and enjoyed afternoon tea with them.

After about half an hour, Wang Lie couldn't bear it anymore, so he said, "Sir Yang, we came here to talk about the order of 20 computers from the Imperial Group."

Yang Ming is not in a hurry, the initiative is on him, not to mention, he knows that Wang Press can't cooperate with him, because the main product WPS of the other party is similar to the Windows system of Yang Ming's supercomputer software company.

In this case, how can the two parties cooperate?
Instead, the two sides are likely to be competitors.

"You guys don't need to worry."

"Sir Yang, do you mean to cooperate with us?" Wang Yin also asked.

Yang Ming shook his head and said.

"You'll find out soon enough."

Wait until the afternoon tea is finished.

Yang Ming took Wang Press to his study alone. When he saw Yang Ming's demonstration of Windows 1, Wang Press was a little shocked.

Sir Yang's supercomputer software company has actually developed such an operating system?
Then my company's WPS seems to be worse than this Windows1.

Because the functions that the WPS system should have, Windows1 has them.

Windows1 also has functions that WPS system does not have.

Most importantly, this operating system costs only $99 a set.

Compared with his company's WPS, it is much cheaper.

At that time, Wang Yin knew that Sir Yang and him were not partners, but competitors.

Imperial Group does not produce computers, but he has this operating system.

Wang Press not only produces hardware, but also software. It is similar to Pingguo, but different.

That is, Pingguo Company began to develop into personal computers, and Wangyen Computer still stubbornly followed the development of office computers. This is doomed that Wangyen Computer will definitely fail or even be eliminated by the market.

　Chapter 5!

　　Please subscribe! !

　　
　
(End of this chapter)