Chapter 938: Chapter 699: The Succession Issue of the Second Generation
When reaching middle age, people either indulge themselves or strictly discipline themselves.
Aside from that, it seems there’s not much else in terms of interest or hobbies.
Chang Fu undoubtedly embarked on the forr extre.
However, unlike Gao Hu, Chang Fu has beco a capitalist tycoon, financially free and managing the group with no need to overly restrain his desires.
Thus, there are no risks involved.
The only concern is his wife, Yang Qian, who also does her own thing; they don’t divorce, primarily because it’s difficult to split assets with their son, Chang Dalin.
Otherwise, they each go their separate ways.
Don’t be fooled by Chang Fu’s current imnsity, middle-aged and weighing 200 pounds, yet with money, he remains infinitely charming.
Goddesses that young people can’t pursue are rely won forcing a smile on him.
When he’s happy, he buys them cars and houses.
When he’s unhappy, he gives them to others and finds another.
This might be the perk of financial freedom; of course, there are also won who won’t bend for money.
There’s just very few, and Chang Fu won’t waste ti on such won.
Chen Pingsheng didn’t bother with him, because their circle was full of such individuals.
Compared to beauties, power is more tempting to n.
Beauty resources, especially top-tier ones, can also be a stepping stone to financial peak.
As Chen Pingsheng knew.
There was a corporation that dedicated two floors to scouting top-tier won nationwide.
These won not only had to be beautiful, but also possess high EQ and talents.
Having just looks won’t cut it in their circle.
Most importantly, they need to win favor from the elite.
Chen Pingsheng himself wasn’t fond of these, but he encountered them often, growing accustod to it.
After An’an reminded him again, she probably realized her issues.
University for her offered very limited learning opportunities.
Far less than the training at her own group, where the Anle Group not only held investnt funds but also charitable ones.
And the Tengchao Comrcial Managent valued at over a hundred billion.
After Snacks Dash was moved under her na, Song Jun, An’an began studying the traditional enterprises her father initially founded.
She found sothing quite peculiar.
Those early-developed traditional enterprises, in the past three years, hadn’t even seen her parents’ faces.
Even though these enterprises maintained the series of benefits and policies laid down by her father.
It’s quite evident that the group’s status wasn’t as good as before.
Many senior executives were sowhat disappointed, with so even harboring a little despair.
In the past, following the big boss, they were full of spirit.
Not only did they open retail stores across the country, but also invested billions in snack factories.
Aiming to carve out a substantial market share in the industry.
Later, as the big boss shifted focus to tech and AI industries,
the status of these early-developed traditional industries beca quite awkward.
Not only Snacks Dash faced this.
Even the once-dominant Tengying Entertainnt in the showbiz was the sa.
Even Bai Xin couldn’t always see her father, clearly, his attention was fully on the tech sector.
In response to these declining traditional enterprises, the big boss adopted the most direct solution: resource integration.
Industry rgers.
For instance, selling Tengying Entertainnt’s controlling shares to Tengyou dia, and selling Bobo Milk Tea to Antler Coffee.
Fei Yangyang Catering was also sold to Tengyou dia.
The elders who co-founded the company with the big boss in the early days, have been entirely treated as stepchildren.
Practically abandoned, with no regard from either the father or mother.
These are companies valued at hundreds of billions traded on the market.
So elders, brave enough to speak the truth, directly stated that the primary reason for the traditional sector’s overall decline or even lag isn’t anything else.
The main issue is the big boss’s shifted focus.
Market factors are secondary.
Even the big boss doesn’t care about these traditional enterprises anymore, thus the group veterans who have achieved financial freedom no longer strive like before.
Without the fighting spirit, the enterprise becos like an old man, not only is there a lack of action, but a series of corporate ailnts arise.
For example, collective problems aren’t problems.
Individual issues beco major problems.
This atmosphere prevails throughout the enterprise; to avoid taking responsibility, any departnt will pass on major issues between each other.
Even dragging a bunch of people to share the responsibility.
What started as a minor issue, after layers of buck-passing and shared responsibility,
remains unsolved a month later.
The group’s severe lack of action is best reflected in two franchisee complaint incidents.
It was initially a minor issue, three Snacks Dash outlets opening within a 500-ter range.
Causing no one to make a profit.
This was clearly the group’s responsibility, had it been when the big boss was around,
the complaint would be directly resolved the sa day with compensation.
Now, however, each departnt reports, then studies and discusses.
After analysis and summary from each departnt,
people were already irate enough to expose it online, even drawing nurous dia reporters for coverage.
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