Giant of the times - Chapter 505

c496 head-hunting company

Dongfang Yuqin nodded in agreement, and then sat next to Li Zetian, “Through this hype, the future development of Kronos Bank will be smoother.”

“um, yes.”

Li Zetian poured a cup of tea for Dongfang Yuqin and said immediately: “We have a lot of money on hand right now. Instead of letting it go, we should quickly build branches around the world so that Cronos Bank can spread all over the world.”

Dongfang Yuqin said with a charming smile: “How can it be so easy? To establish a branch, you need to select a location, decorate it, recruit bank management talents, etc…”

“I know that, but it’s easy to decide on location and decoration. As long as the money is in place, it should be no problem! As for talents, on the one hand, they can be recruited through normal recruitment channels, and on the other hand, they can also be poached from other places through headhunting companies.”

“By the way, Yuqin, one of the top five headhunting companies in the world, we simply acquired two or three of them to facilitate our recruitment in the future! In addition, there are also professional social networking sites, such as LinkedIn, 51job, 58.com, etc. In addition, I suddenly had another idea. Since we are going to acquire a headhunting company, why not develop a career development platform that can realize the three-way interaction between enterprises, headhunters and professional managers. I have already thought of a name. It is called Liepin.com, always focusing on Create a career development platform with managers’ personal user experience as the core, and completely subvert the traditional online recruitment advertising platform with the enterprise as the core!”

Hearing this, Dongfang Yuqin said thoughtfully: “LinkedIn, 51job, and 58.com mainly target ordinary employees, while Liepin.com targets high-end talents… In this way, the company’s talents will There’s no shortage!”

“Yes, that’s it!” Li Zetian smiled and nodded, “I will teach William and Youran these things later, and I should also let them practice more.”

“With the abilities of the two of them, there is no problem in handling these things.” Dongfang Yuqin said with a smile.

“How is the current real estate market in the United States?” Li Zetian changed the subject.

Dongfang Yuqin smiled and said: “It has begun to collapse. On February 13 this year, New Century Financial Corporation of the United States issued a profit warning for the fourth quarter of 2006!”

“Profit warning? Haha, this means that the profit of American New Century Financial Company failed to meet the forecasts of research analysts! Generally speaking, if a profit warning is issued, it indicates that the company has operational problems!”

“You know, when the U.S. real estate bubble is serious, house prices will stop rising after they reach a certain level, and naturally no one is willing to take over, so real estate speculators are as anxious as ants on a hot pot. And if the house cannot be sold, the price will be high. The interest had to be paid non-stop. Finally, when I was desperate, I sold my house to the bank. At this time, the default occurred. American New Century Financial Company is the second largest subprime mortgage loan company in the United States, so it naturally suffered serious losses! Dongfang Yuqin smiled.

“It’s interesting, the show is finally about to begin!” Li Zetian raised the corners of his mouth and smiled evilly.

…

…

At the dinner table, Li Zetian told Li Youran and William about the acquisition of a headhunting company and a job search website.

“Korn Ferry, Heidrick & Struggles, Spencer Stuart, Egon Zehnder, and Russell Reynolds Associates are the world’s five largest headhunting firms. They were all founded in the 1950s and 1960s, and they are inextricably linked. Spencer Stuart He used to be an employee of Heidrick & Struggles, and Egon Zehnder was once an employee of Spencer Stuart in Europe. Currently, Korn Ferry and Heidrick & Struggles were listed on NASDAQ in the United States in 1999, and the other three have remained private partnerships. .”

“The positioning of top headhunting companies is ‘high (the position they are looking for is high)’ + ‘expensive (the fees are expensive)’.

But in actual operation, there are also differences between the ‘big five’:

Spencer Stuart accounts for more than 50% of the director search market for Fortune 500 companies.

Egon Zehnder and Lawson emphasize the concept of “One Firm” (one company). There is only one P&L (profit and loss unit) in the world, and the other three companies have their own P&L (profit and loss unit) in each office. ”

“We have had a lot of contact with top headhunting companies, so we know them very well.” Li Zetian looked at Li Youran and William and asked, “Which headhunting company do you think we should acquire?”

“Acquired them all!!!” Li Youran said, very domineering.

Li Zetian’s forehead instantly turned black.

Li Youran added: “We have been cooperating with the five major headhunting companies, investing in and acquiring them, naturally for better cooperation! Just leave some shares for them! Besides, dad, don’t you want to establish a liepin network? . With the support of the five major headhunting companies, are you still worried that Liepin.com will not be able to develop? As long as Liepin.com develops successfully, it will be easier to recruit people in the future!”

Li Zetian thought about it and felt that his daughter was right.

Although the top five headhunting companies in the world are very prestigious and famous, their market value is really not high. For example, among the listed companies, Fir International and Heidrick & Struggles have a market value of US$2.06 billion and US$450 million respectively.

To Li Zetian, this money was nothing, but top headhunting companies were of great help to Li Zetian.

Li Zetian thought for a while and said: “That’s it, Youran, you will be responsible for investing in and acquiring the five top headhunting companies in the world. William, you will be responsible for acquiring LinkedIn, 51job, and 58.com. After Youran invests in acquiring the five top headhunting companies, , you work together to launch the Liepin Network!”

“Okay, Dad!!!” Youran and William responded in unison.

…

After dinner, Li Zetian took his youngest daughter Li Yuer’s hand and took a walk in Youran Garden to enjoy the flowers.

“In Peach Blossom Temple in Taohuawu, there are peach blossom fairies under Peach Blossom Temple; Peach Blossom Fairies plant peach trees and pick peach blossoms to sell for wine money…”

The peach blossoms in the garden were in full bloom, and the fragrance was overflowing, refreshing. Li Zetian couldn’t help but recite poems at this time, feeling a little bit envious of the life written by Tang Bohu. However, Li Zetian also knew that he was a person who couldn’t rest idle at all, always thinking about making money and changing the world.

“Dad, is this a poem you created?” Li Yuer’s big eyes looked at Li Zetian, her eyes full of admiration, as if in her eyes, her father was omnipotent.

“Ahem!!!” Li Zetian coughed twice and thought to himself, I want to say that this poem was composed by myself. I am afraid that Tang Bohu’s coffin board will not be able to hold it down~~This is not another time and space, everyone is Knowing that this poem was written by Tang Bohu, I didn’t dare to shamelessly say that I composed it myself. Although Xiao Yue’er doesn’t know it yet, she will eventually grow up and know Tang Bohu.

Li Zetian said to Xiao Yue’er, “It was not written by me, but by a man named Tang Bohu.”

“Tang Bohu?” Xiao Yue’er thought seriously for a moment and said excitedly, “Dad, I remembered it. I know the name of a movie is called “Tang Bohu Spots Autumn Fragrance”! A classmate of mine said that she has a box of videos at home. My favorite movie is “Tang Bohu Spots Autumn Fragrance”, this movie is so funny!”

Li Zetian gently scratched her nose and asked, “Baby, do you want to see it?”

Xiao Yue’er nodded vigorously, “I want to see it!”

“Okay, daddy will take you to watch a movie!!” With that, Li Zetian picked up Xiao Yue’er and walked to the theater at home.