The four most important units under the Economic Research Institute, one is a consultancy group made up of executives from the Global Fortune 500.
The starting point is the Fortune 500 president level.
There is also the top-notch internal school, the Economic Research Institute.
Every three years, it recruits three thousand top talents globally for three years of training on the island.
After three years, they are reassigned to various enterprises under the group.
Over the years, most of the group’s senior executives have beco these people.
Due to the three-year training in the internal academy, both group culture and group beliefs have reached an unprecedented level of unity.
This is the group’s most elite talent pool and additionally, the Global Industrial Economic Research Center.
It is also the group’s think tank core.
These three parts are the core driving forces pushing the group forward.
As for the fourth part, it is an independent oversight system that enjoys the highest authority outside the group.
It has the highest audit rights of the group.
They are responsible for supervising and inspecting all senior executives and projects within the group.
They have the right to review any unreasonable investnts and projects.
With Zhang Wanyi being promoted to the position of director, it ans she has gained preliminary control over these four core departnts.
Under her are nine vice directors, which include Chu Qiuyan, as well as the chairman of Tengfei New Energy, the chairman of Tengfei AI, and the chairman of Tengfei Mobile, Chen An’an, among others.
To be a vice director, one must at least be a trillion-level corporate president and chairman.
One can see to what extent Zhang Wanyi’s current power has ballooned.
It would not be exaggerated to say that if she were off the island now, she would be seated in the chief position at any conference she attends.
For soone like her, sheer effort is not enough.
One must also have strong talent and unprecedented opportunities.
With Zhang Wanyi reaching the top position of director, the entire group, including the enterprises they invested in, received internal notifications.
This ans she beca the number one person in the group, possessing the highest supervision and dispatch control over the entire group.
News not only reached internally but also spread externally.
Countless dia even recounted Zhang Wanyi’s career history, and this truly signifies the realization of her lifelong aspirations.
Compared to her previous long-standing position at Teng You dia, this role now signifies a true global top spot.
Such a position cannot be attained without reaching fifty years of age.
Currently, Zhang Wanyi is already in her fifties, nearing sixty.
The position of director is selected every five years, with no more than two terms.
In other words, the best outco for her is to stay in this position for a full ten years.
Once the ten-year term concludes, she will fully retire and be promoted to one of the Seven Elders of Research Island.
While it is a leisurely position, it holds the qualification to recomnd and elect the next successor.
Chen Pingsheng is currently one of the Seven Elders, along with several others who began collaborating with him early on and have been growing with the Tengying Group ever since.
Who among these people wouldn’t cause a quake in the business world by simply stomping their foot?
Reaching the position of Zhang Wanyi also ans that her ten descendants are secured; as long as Tengying Group exists, the Zhang Family will be guaranteed wealthiness for ten generations.
The position of director is only chosen from among the nine vice directors, and to beco a vice director one must at least have eight years holding the position of trillion-level group president and chairman with related experience.
Even Chen An’an still falls within this category; An’an still lacks the qualifications to beco a director.
This shows just how high the threshold for the position of director is.
The developnt of Tengying Group is no longer restricted by any one nation; it has beco one of the top twenty giant conglorates globally.
Those stronger than it are all century-old established conglorates.
Like the Rothschild Family, which influenced global finance in the early nineteenth century, and the Morgan Consortium that once dominated Arican economics.
Also, the Rockefeller Consortium, Arica’s largest oil monopoly.
And Japan’s oldest and most historical Mitsui Consortium, dating back to the iji Restoration era.
Mitsui has long held the title of Asia’s number one consortium.
There is also India’s largest consortium, Tata, among others.
A consortium is not equal to personal wealth; it is a giant force accumulated over a hundred years by the collaboration of one or several families.
Among them, Tengying Group is still the youngest.
With its industry now relying on technology, it extends its tentacles into global major industries.
It took thirty-seven years to barely touch the threshold of a global giant consortium.
In fact, the dostic environnt does not allow the developnt of a consortium model, but the actions of Tengying Group have been well-received all along.
Especially its use of global market earnings extensively to support dostic agriculture, including the foundational industries.
And vigorously developing its own technological field, thus enabling it to independently develop a Research Island of its own.
Outsiders do not understand the power of Research Island, but internally it is well understood.
It would not be an exaggeration to say it could easily buy ten giant unicorn companies.
It can also change the underlying ecological rules of countless industries with a single word and further impact millions of ordinary people.
This also signifies that Chen Pingsheng, nearing seventy, formally enters his retirent era.
Even the position of director has been let go, marking the end of the era where the role of Island Master and director of Research Island was held solely by him.
Completely over.
It has now transitioned to a fair election, held every five years.
If An’an can successfully ascend to the position of director within the next twenty years, it would an the second generation of the Chen Family has flawlessly taken over the baton of power.
Erya, Chen Xinyi, has no chance at all, as she has beco entirely independent of the group and ventured into financial investnt herself.
While certainly wealthy, her status is far inferior to that of her elder sister Chen An’an, not to ntion the other eight vice directors.
Social standing is not just about wealth; it requires supplentation in many other aspects.
Such as industry contribution, promoting national industrial upgrades, impacting employnt for millions, etc.
Erya, Chen Xinyi, possesses none of these attributes.
As for her brother Chen Lu, there’s even less to say about him. Ever since he had an affair with Zhang Qian and fathered an illegitimate child.
His small company has remained the sa as it was five years ago.
Certainly, Chen Lu is not short of money; he can easily earn around one or two hundred million annually, but his illegitimate child is not recognized by the family.
Nor will he gain any inheritance rights from the Old Chen Family in the future.
As for his wife Su Xiaoxi, the two haven’t divorced, and Su Xiaoxi has acknowledged the reality of him having won outside.
She has invested more of her thoughts into her career.
Having wealth is no longer satisfactory to her; in the three stages of life pursuits, no one can bypass power in the end.
The pinnacle of comrcial power dostically lies on Research Island. Once one holds a vice director position on the island, social status upon returning is entirely different.
For a position like Zhang Wanyi’s director role, there’s no need to elaborate further.
Su Xiaoxi plans to consolidate and package her Tenghui Capital, aiming to create a trillion-level investnt finance and industrial group.
Then using the achievents and results of this group’s work to nominate herself for the next vice director role.
Even if she still lacks qualifications, with Erya Chen Xinyi’s help, it would be more than adequate.
If the two join forces to vie for a vice director qualification, it’ll be enough to secure a vice director position.
Following that, they could use the vice director role to understand and engage in the highest operations of the group’s four core departnts.
Only then would there be hope of reaching the summit.
The best business model is no longer about thods, but rather, like running a country, relying on systems to balance all parties.
Then employing the most fair and impartial selection process to develop Tengying Group into this giant comrcial vessel.
The lower-tier employees may not see the changes at the top, but those changes cannot forget the lower-tier employees.
Only by considering both can a centuries-old comrcial vessel be crafted.
Reaching today, it also signifies the complete establishnt of an upper structure for Tengying Group.
It allows everyone to clearly see their promotion path and provides opportunities for them to explore.
The future path remains uncertain, but at least for now, Tengying Group, including Research Island, has fully perfected the enterprise’s developnt chanism. This includes talent cultivation, senior managent changes, and forming a highly automated operational model.
This model has just recently taken shape but isn’t fully matured; Chen Pingsheng still needs to observe for another twenty years.
He will keep monitoring until it can operate spontaneously and successfully.
He is only sixty-six, with twenty more years to watch its developnt quietly.
Whether it’s An’an or Su Xiaoxi, they can both be said to be performing extrely well now.
If two more such talents erge in the third generation, the Old Chen Family’s centennial family business motto would truly be accomplished.
By that ti, even if he has already passed away, it would be a testant to a youth unfailing and a fervent era of youth.
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