597 Bottleneck of Developmen (1/2)

Chapter 597: Bottleneck of Development

Translator: _Min_Editor: Caron_

Following the official launch of Godly Land, Future Biology's entry into the medical industry, and Future Heavy Industries' first MIX1 battery rolling down the production line, Jiang Chen could clearly sense that Future Group's expansion was entering a bottleneck.

Any enterprise would more or less face a similar situation during the transformation. The reasons could arise from multiple facets, for example, antitrust investigations, satisfaction with the current status quo, or losing their competitive advantage. The former case would be Morgan divided into two (J.P. Morgan and Morgan Stanley) and the almost broken Microsoft, while the latter case would be Compad's acquisition of Digital Equipment Corporation (DEC was the second largest information system company only second to IBM).

Fortunately, Future Group didn't have the same two restrictions because Xin will never launch an antitrust investigation against Future Group. Future Group itself depended on advanced technology to prosper.

But the bottleneck still existed.

The most critical reason that caused the bottleneck was a lack of talent!

Future Group's talent acquisition had depended on the international headhunter market as well as hiring from regional offices. But talent from the headhunters had high volatility with uncertainty in safety. Only a small number of individuals could be verified before being given an important role. Jiang Chen was unafraid to use the majority of talented individuals, but without a clear background recommended by headhunters, this caused a shortage of talent in Future Group. Despite new employees being hired every day, it couldn't meet the expansion speed of the multiple subsidiaries.

This was especially true for management talent. Compared to technical talent, the gap in management talent was huge, and there was a lack of reserve in the group, which gave Jiang Chen the biggest headache.

There were a lot of people willing to work at Future Group, but there was only a small portion willing to move to Xin and work on Coro Island.

Xin had a high floating population. The number could breakthrough 50,000 during tourism peak seasons, but only 30,000 people comprised the permanent population. It was hard to imagine a country with such a mediocre education level, shortage of labor, and inactive market supporting such a giant multinational corporation.

If Future Group chose to expand in Hua, perhaps this problem wouldn't have existed. But conversely, Future Group wouldn't have been able to become the beast it is today, despite having the technology to do so…

There were pros and cons to leaving.

...

Although Jiang Chen had been investing in educational resources on Coro Island and arranging for university students to intern at the Group, these measures were ineffective in the short term.

In order for Future Group to expand faster, he had to increase Xin's immigration appeal, especially for talented individuals!

Perhaps his plan had to be pulled ahead of schedule.

But just as Jiang Chen was developing a headache over the lack of talent, Doctor Amos from the University of Ber sent an email to his personal email address, asking him to visit his lab.

When Doctor Amos was onboard at Future Group, he directly dove into the lab Jiang Chen prepared for him and spent his time inside all day learning about D++ programming language as well as the basic artificial intelligence database. He later even revamped the front desk of the lab into a living room and the lounge into a bedroom. He didn't want the seaside mansion Jiang Chen provided him and used the lab as his living quarters.

Jiang Chen gave him the fullest extent of trust since he moved to Xin. After Amos signed the confidentiality agreement, Jiang Chen gave the most advanced information technology for him to research.