Reborn since 1993
Chapter 1406 Carrot and Stick
Chapter 1406 Carrot and Stick
For a philanthropist like Li Dashan, a villa on the hillside in Hong Kong is nothing special, but for a professional manager like Lin Xianhui, it represents the culmination of a lifetime of hard work.
Owning a villa in a hillside villa community and being able to afford to maintain it is already a sign of success and achievement in one's career in the port city.
"I believe that the end of your career, Lao Lin, will not be a villa on the hillside, but also Dongling High-Tech Port City Company and Digital Port. In the future, we will also implement stock option rewards for senior executives and technical personnel!"
Li Dongling patted Lin Xianhui on the shoulder and said to him, stuffing a larger, meatier pancake into Lin Xianhui's mouth.
A villa in the Mid-Levels now starts at tens of millions of Hong Kong dollars, and some villas in good locations can reach hundreds of millions of Hong Kong dollars.
This is still before the housing prices in the port city have fully recovered. If they return to the levels of a few years ago, they will be even more expensive.
However, if Lin Xianhui can obtain Dongke Port City Company and Cyberport stock options, are these still problems?
Looking down at the bustling city below, Lin Xianhui's throat bobbed involuntarily. If he could really get the stock option reward, let alone a villa on the hillside, he might even have a chance to get his hands on luxury items like horses!
Li the philanthropist took a puff of his cigar and looked at Lin Xianhui's expression. If you want a horse to run fast, it definitely needs to be fed well.
Next, Dongke Port City Company has a lot of things to do, and Cyberport also has a series of actions to take, all of which require Lin Xianhui, Liang Botao, Zhang Yonglin, Li Yonghong and others to work hard.
If you want people to work hard, you have to pay them for it. If you just pay them a salary, it will be hard to motivate these veteran professional managers to work hard.
The best approach would be stock option rewards. If performance, revenue, and stock price reach a certain level, stock option rewards would be given to them, making them part of the Cyberport ship. The faster Cyberport runs, the more they earn.
American giants basically operate on this model. Why are those American giants so concerned about stock prices?
Because stock prices directly affect the income of those professional managers, what they care about most is not their annual salary, which is not enough to support their luxurious upper-class lifestyle.
Most importantly, once the stock price reaches the target, there are substantial stock option rewards, which essentially ties the professional manager's income to the stock price.
It's like dangling a carrot in front of a donkey; the donkey has no choice but to run as fast as it can to get the carrot.
Among these, the most famous is probably Musk's renowned one trillion dollar compensation incentive, which is actually similar to stock option awards, following the same pattern.
This approach has both advantages and disadvantages. The advantages are obvious: it can really motivate professional managers to work incredibly hard.
The downside is that in order to inflate stock prices and market capitalization, they will stop at nothing, just like the Seven Injury Fist, which can easily leave you severely weakened after it's been used.
However, nothing can be entirely beneficial without any drawbacks; that's impossible. Finding the right balance requires testing the leader's skills.
Now, Li Dashan is ready to loosen the reins and let the executives of Cyberport make a big splash, not wanting to miss such an opportunity.
But we must tighten the reins before the dot-com bubble bursts, and prevent Cyberport from getting out of control and crashing into a ditch.
Upon hearing that Li Dongling was going to implement stock option rewards, Lin Xianhui and Liang Botao, who were standing nearby, all lit up.
It is foreseeable that Cyberport's stock price will rise, and if they can receive stock option rewards, their net worth will soar!
“There’s one more thing,” Li Dongling said, looking at Lin Xianhui. “Dongling High-Tech plans to establish an industrial software company, Dongke Software, in Gangcheng, with its headquarters located there.”
Neusoft will establish two R&D centers, one in the port city and one in Beijing!
After thinking for a moment, Li Dashanren said that Dongke Software's headquarters was located in Gangcheng, which was also due to Gangcheng's special status.
Having the headquarters in the port city will make it easier and less restrictive to promote these industrial software programs in the future. It will also make it easier to recruit talent from overseas, such as Japan and Europe.
Another crucial point is that when cloud computing is rolled out in the future, server storage clusters will also need to be located in two places.
The cloud computing servers provided to inland and Asian regions should be located inland.
The cloud computing servers provided to overseas companies need to be located in Hong Kong. This is necessary if they want to promote cloud computing overseas.
Although it's somewhat unavoidable, this is the only option in the short term. If cloud computing servers are all located inland, then media outlets in America, Europe, Japan, and other places will start distorting the facts and spreading misinformation about Neusoft's cloud computing.
Although Amazon's largest order at the start of its cloud computing business came from the CIA in America, no media outlets accused Amazon's cloud computing of being insecure or prone to leaks.
Even if Dongke's cloud computing project does nothing but place servers inland, there will probably still be a lot of conspiracy theories.
This is because the power of public opinion rests with whoever controls it. Whoever controls public opinion can call a deer a horse, and in the near future, this ability to call a deer a horse will remain in the hands of the American media groups!
"Dongke Port City Company will expedite the establishment of Dongke Software Company and recruit more talent for Dongke Software!"
Spurred by the carrot of stock option rewards, Lin Xianhui was full of enthusiasm. He was naturally aware of Li Dongling's intention in placing Dongke Software in Gangcheng.
If Lin Xianhui still doesn't understand the role of the Dongke Port City headquarters within the entire Dongling High-Tech Group by now, he might as well just find a soft piece of tofu to smash his head against and die.
The banquet lasted until evening before it ended, and Lin Xianhui, Liang Botao, and others left with their families.
After returning to his study in the villa, Li Dongling thought for a moment, then picked up the phone on the table and called two old friends in Yanjing. One of them was Yang Bohua, the current director of the Radio Management Department of the Ministry of Information Industry.
The other is Song Luancheng, who is currently the deputy general manager of the telecommunications marketing department at the headquarters of Beijing Telecom.
Both of these individuals are allies of Dongling High-Tech. When Dongling High-Tech launched Xiaolingtong (a type of mobile phone), the people who supported Xiaolingtong received substantial rewards, and they can now be considered powerful figures.
And these two have always represented
The person who liaised with the Ministry of Information Industry, China Telecom, and Dongling High-Tech.
Li Dongling made this call to the two people to inform the Ministry of Information Industry and China Telecom, a shareholder of Cyberport, that Cyberport was about to make a big move!
……
In Yanjing, night had fallen, and Yang Bohua was still busy at work. The higher his position and the more power he wielded, the busier he became.
In addition to overseeing the Radio Management Department, he is also the deputy head of an inter-ministerial coordination group similar to the mainland's 3G standards committee.
This inter-ministerial coordination group, led by the Ministry of Information Industry, includes the National Development and Reform Commission, the Ministry of Science and Technology, as well as telecommunications operators and equipment manufacturers such as China Telecom, China Unicom, Datang Telecom, Huawei, and ZTE. It also includes Dongke, which just joined the group this year.
Yang Bohua is leading his team to participate in the upcoming international 3G standard vote. To be honest, Yang Bohua and his team are under tremendous pressure.
The current head of the Ministry of Information Industry is a telecommunications czar. Given the current 3G capabilities in mainland China, it is insufficient to become one of the 3G standards.
But this telecommunications czar insisted on making China's telecommunications standards on par with the 3G standards of old Europe and America.
Therefore, if mainland China's telecommunications companies cannot obtain the 3G standard, the "telecom tsar" would rather keep the profits to themselves than open up the mainland 3G market.
The pressure on Yang Bohua and his team is unimaginable. They have to meet the demands of the "telecom czar" to make mainland China's 3G one of the global standards, reach agreements with America and Europe, and appease domestic operators and telecommunications equipment manufacturers. It's a huge headache for them.
"Director Yang, it's your phone!"
While Yang Bohua was processing documents, his secretary suddenly entered. Distracted, Yang Bohua glared at his secretary with displeasure.
"It's a call from Gangcheng!"
"Mr. Li Dongling of Dongling High-Tech!"
Upon hearing those three words, Yang Bohua, whose face still showed some displeasure, instantly changed his expression. "Once the call comes in, from now on, I will not receive any visitors here. Do not let anyone in!"
"Director Yang, I hope I haven't disturbed you?"
Hearing the voice coming from the phone, Yang Bohua immediately laughed and said, "Dongling, stop teasing me. You have no idea how worried I am right now!"
Facing the philanthropist Li, Director Yang, who was usually stern and unsmiling to outsiders, was all smiles.
Other domestic telecommunications and electronic equipment companies would probably not dare to breathe too loudly in front of Yang Bohua. If Yang Bohua just wrote a negative word on some documents, it would be enough to make many companies suffer, and even destroy years of hard work in an instant.
However, Dongling High-Tech is an exception. Even though Yang Bohua has reached his current position, he still needs to rely on the support of Dongling High-Tech.
Just like this time when participating in the 3G vote, among the domestic 3G committee, Dongke is undoubtedly Yang Bohua's own person. He can completely trust Dongke. Even ZTE and others are influenced by Dongke and are willing to cooperate.
"Cyberport's subsidiary, Harbour City Telecom, will next expand into the telecommunications market in Southeast Asia, including Siam, and hopes to receive support from the Ministry of Information Industry in Beijing!"
After hanging up the phone, Yang Bohua's hand remained on the phone, his heart still unsettled. Li Dongling spoke casually on the phone, but Yang Bohua knew that the telecommunications industry landscape in Southeast Asia was about to undergo a major change!
Not daring to delay, Yang Bohua sorted out his thoughts, glanced at the time, and walked towards the office of the Telecommunications Tsar of the Ministry of Information Industry. He definitely had to report this matter to the Telecommunications Tsar.
(End of this chapter)
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