Chapter 965 (1/2)
When Disney made a big noise in Los Angeles, Simon was playing golf with Jack Welch, the head of Ge, on the east coast, accompanied by Denise and some senior executives of Ge.
In March, through the merger and acquisition audit, Ge began to implement the merger and adjustment of Time Warner. Within three months, the two companies were basically integrated. After several games, Terry Semel, the former CEO of Time Warner Group, became the general manager of GE's media and entertainment business, and took charge of Time Warner, NBC TV network and other assets. Bob White, the former NBC TV network manager under Welch's direct line, was the deputy of Terry Semel.
Jack Welch, who was well aware of Time Warner's internal problems, resolutely swept out Gerald Levin, Robert Daley and other executives this time to ensure that GE's media and entertainment business would not be affected by infighting.
If enterprises want to expand steadily, they need a strong enough leader. In Simon's opinion, Jack Welch replaced Steve Ross this time. Otherwise, the new Terry Semel and Bob White could not be harmonious.
This time, Welch also took the initiative to put forward that the executives of the two sides should play together to get in touch with each other.
Different from the situation that GE has been chasing Westinghouse in power and energy fields in recent years, Welch clearly knows that in the media and entertainment industry, all of GE's related assets are integrated together, and it is impossible to compete with Denise entertainment. Even, let alone the media and entertainment assets, the market value of the whole Ge group is not as good as that of Denise entertainment Nellis entertainment high.
Simon just shows a certain tendency to hope that danielis and Time Warner will stand side by side, and knows that this pattern is beneficial to both sides. Welch actively promotes this situation, including Terry Semel, who is close to danielis entertainment, to take charge of Ge media entertainment assets this time.
In a golf course near the affluent north suburb of Greenwich.
Jack Welch is a senior golf enthusiast, almost reaching the professional level. Simon, who has inherited more than ten people's memories and skills, happens to be a short board in golf. However, no matter Welch or Terry Semel, Robert egger and others who accompanied him expressed any opinions on Simon's skills. Instead, they all tried to accommodate Simon's rookie level.
This is very rare in professional golf enthusiasts.
In a similar circle, people who have too much difference in golf handicap index can't play together at all. If they try to get together, they will be ignored or ridiculed. As a result, many people want to enter some circles and spend a lot of money to invite professional coaches and spend a lot of personal time to practice golf ability.
All in all, the status gap is not to a certain extent, do not think others will accommodate you.
On the golf course, Jack Welch swung a shot at Simon's will, looked at the golf ball slanting out of the hole not far away, walked over with Simon with a smile, and said: ”I've seen the anti overseas corruption law you asked someone to hand over to me recently. It's very enlightening, but it's hard to avoid rebound if this method is used too much.”
Simon held the club in his hands and subconsciously tried to try his hand. He did not expect that the expensive titanium alloy club would bend down directly in his hands. When Welch saw that his eyes were slightly surprised, he just laughed and attracted a beautiful girl not far away. He changed a club and said: ”actually, what I want to express is an idea, Jack, not just the bill, but the future Decades will be an era of high-speed globalization. The global economy is integrated, but each country has different rules. If we want to be the winner as much as possible, we need to drag our competitors into our own rules as much as possible, and then use the advantages of rules to defeat each other. ”
Jack Welch thought deeply, then laughed at himself and said, ”I'm 61 years old. I've started to plan my retirement schedule. I may not have the chance to participate in these games in the future.”
Simon shook his head. ”I'm sorry about that, too.”
Jack Welch felt the difference in Simon's tone and asked, ”Simon, what do you think of Ge after my retirement?”
Simon looked at Welch. ”Jack, do you want to hear the truth?”
”Of course.”
”I'm very, very negative,” Simon said
When Welch saw that Simon used two ”very” in succession, his pace slowed down a little subconsciously, and his tone was serious: ”why?”
”Because what I just said is globalization,” Simon said, slowing down. ”Under the trend of globalization, many of GE's businesses at this stage, such as power, lighting, transportation, water and so on, are bound to be replaced by relatively low-cost enterprises in Asia, Latin America and even Eastern Europe. Only a few of the most cutting-edge aviation, nuclear power and other businesses can be retained . Oh, yes, and the media, which is a relatively strong cultural industry in the Federation, will never be out of date as long as it is properly operated. ”
Jack Welch simply stopped and stood on the spacious lawn. He also attracted the attention of Robert egger and others who were not far away. They thought that they had some problems. However, the two bosses didn't call, and the others didn't come together unwittingly.After a moment's reflection, Welch said, ”Simon, I think you're exaggerating. At this stage, the global economy has shown the characteristics of globalization, and Ge still maintains its strong position.”
Simon is not interested in golf, see Welch stop, simply pointed to the outside: ”Jack, why don't we go to have a rest.”
Welch, eager to know the answer, nodded.
They called in a battery car and soon came to the reception villa outside the stadium. They sat in a coffee shop and waited for the waiter to deliver coffee and desserts. Simon then said, ”globalization, as I just said, is just one of the reasons. In addition, there is the problem of your successor. Jack, without any inquiry, I can be sure that no matter how carefully you choose, your successor will not have the authority and strong control over Ge. This will inevitably lead to another result. Without strong control, GE's operation will inevitably be interfered by external factors. ”
”External factors?”
Simon pointed to himself: ”like me.”
Welch subconsciously produced some vigilance: ”Simon, what do you want to do?”
Simon shook his head with a smile and said, ”Jack, I am one of the major shareholders of Ge now. You should believe that the interests of me and Ge are consistent.”
The expression on Welch's face was still not relaxed.
Simon had to shrug: ”well, the third and most important reason behind the trend of globalization and the weak successors is that the federal financial capital is becoming more and more powerful. In contrast, industrial capital has been declining for decades because of the increasing hollowing out of the country's industry. With your control over Ge, Jack, nothing will happen as long as you are in office. However, once you retire, driven by various factors, financial capital will soon become a leading force in the development of Ge. As for what financial capital will do, you can see what Wall Street has been doing since the 1980s. Well, in fact, the changes of at-t in recent years are the most obvious reference. ”