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Chapter 79 I'll Be Your Backer

Meng Fanze didn't care about Feng Xiaochen's concealment, but just glanced at him and continued:

"But, do you have so much time to manage this company? So, are you going to leave the Metallurgical Bureau and concentrate on being a capitalist?"

Feng Xiaochen knew that it was impossible to reason with this old man. Perhaps the old man had his own sixth sense and could guess the thoughts of young people. The so-called old age became a spirit, this is the case. Meng Fanze said this, and it would be boring for Feng Xiaochen to deny it again. There is no need to hide the words between smart people.

"I don't want to leave the Metallurgical Bureau. I think this kind of industry-wide management is still very interesting." Feng Xiaochen replied, "As for this company, as you said, it is just treating it as a special zone, hoping to experiment with the new business management model."

"But, if you don't leave the Metallurgical Bureau, how can you manage this company well?" Meng Fanze asked.

Feng Xiaochen shook his head and said, "I haven't thought about it yet, I can only take one step at a time. I plan to hire a professional manager to manage it and implement my management thinking. In addition, since it is a joint venture mainly based on foreign investment, I plan to engage in contract-based employment from the beginning, break the iron rice bowl, and implement a comprehensive performance-based salary system. In short, everything is done according to the laws of the market economy."

"Professional manager? This is a good idea." Meng Fanze said, "As for breaking the iron rice bowl, aren't you worried about the lack of enthusiasm for employees?"

"When they have a job, will they be very motivated?" Feng Xiaochen asked back.

"Haha, what you said makes sense." Meng Fanze was defeated. In the 1950s and 1960s, it was popular in factories that workers were the owners of factories and should have a sense of ownership. The workers did think so, taking the factory as their home and being selfless, all of which existed.

But over time, no matter how strong passion is, it will eventually fade. Especially when seeing some unhealthy trends around you, some colleagues who are lazy and ill are not punished, they can still get benefits. More and more workers begin to doubt the concept of ownership. They go to and from get off work at a certain point, make trouble for the mistake of overtime pay, and fight for the first-level salary. This kind of thing is becoming more and more common, and Meng Fanze sees it, and he is helpless.

"If you want to conduct a management pilot, I will help you find a company to do it. Last time at Xinmin Factory, you did a bad job, so why did you have to build your own factory to do it?" Meng Fanze said in a half-persuasion tone.

I heard that Feng Xiaochen wanted to build a joint venture factory in a small county with only a few small agricultural machinery factories, Meng Fanze guessed that this was Feng Xiaochen's trick. Feng Xiaochen said that this was Yan Leqin's wish, but there were loopholes. If Yan Leqin just wanted Feng Weiren's hometown to become rich, he should tailor some enterprises that are more suitable for local economic development for Tongchuan County, such as the agricultural and sideline product processing industry, etc., which is a rational choice.

Machinery enterprises need skilled workers and a strong management team, which is not something that Tongchuan, a small county town, can provide. In addition, the mechanical enterprises have not had obvious impact on the local economy. Its upstream and downstream industries are outside the county town, and it is difficult to form an industrial driving force in the county town. Yan Leqin is a knowledgeable person, and she cannot make such a wrong decision.

Since this is not Yan Leqin's idea, it can only be Feng Xiaochen's idea. Thinking of Feng Xiaochen's own ideas in corporate management, Meng Fanze could of course guess that Feng Xiaochen's intention was nothing more than not wanting others to interfere in the business of this company and to do business by himself.

Understanding Feng Xiaochen's meaning does not mean that Meng Fanze supports his approach. In Meng Fanze's view, a talent like Feng Xiaochen should stay in ministries and commissions and do something bigger. He is obviously a talent who is in charge of a world-class talent, but he has to go back to be a capitalist boss or even a comprador of a German-funded enterprise, which Meng Fanze cannot accept.

"There are two reasons." Feng Xiaochen stretched out his two fingers and said:

"First, the management reform I want to do exceeds the current policy bottom line of state-owned enterprises. For example, breaking the iron rice bowl, which no state-owned enterprise dares to do. If you help me find a company, I can only dance in shackles and cannot truly practice my ideas."

"That's right." Meng Fanze nodded, "What about the second one?"

"Second... I want to make money." Feng Xiaochen said bluntly.

"Play the piano randomly!" Meng Fanze rebuked again, "How much money do you want to make? You are now a person with overseas relations. And you said that your grandmother is a big professor and your uncle is a banker. They will help you with a little bit of money, so you can also be a ten thousand yuan account, right? What else do you need to make?"

"I'm not a 10,000 yuan household, but my father is already a 10,000 yuan household. My grandmother asked me to bring some money to my father." Feng Xiaochen said. Overseas remittance is very common, and he doesn't need to hide it from Meng Fanze. He then said: "However, 10,000 yuan household is not my goal, I need more money."

"What do you want to do?" Meng Fanze asked.

"Do some big things," Feng Xiaochen said. "It takes money to do scientific research, technological innovation, and equipment upgrades, and it is astronomical money. Also, I hope I have the ability to help companies like Dongxiang Machinery Factory to make the employees there live a better life, and this also requires money."

"This is not your business!" Meng Fanze said, "I will report to the central government and suggest that the central government put some policy preferences on third-tier enterprises. As you said, these people who contribute to the country cannot suffer losses. As for scientific research and technological innovation, this is also a matter for the country. How can you get your turn to pay for it privately?"

"For example, I have always wanted to organize a group of experts to write a set of total quality management guidelines, which requires money." Feng Xiaochen said.

"This is a good thing, the country will support it. You can write a plan that will be allocated by the state." Meng Fanze said.

"For example, when I was in Xinmin Factory, I felt that our country's basic scientific research on hydraulic parts was not done enough. I wanted to establish projects at several universities to specialize in this research." Feng Xiaochen said again.

"This is also easy. The country has special funds for this." Meng Fanze said.

"Also, I think..."

Feng Xiaochen planned to continue talking, Meng Fanze stopped him, then thought for a while, and said, "You need to say anything, I understand your ambitions a little. Indeed, not all things can be handled by the state, and it may be more appropriate to leave some things to dynamic private enterprises. I also noticed this when I was inspecting Europe. They have many private scientific research institutions that can play a role in picking up the gaps."

Feng Xiaochen said: "That's true. The advantage of national investment is that it is large in scale and can achieve major breakthroughs. But in terms of flexibility, it is not as good as private capital. I can think of many things worth doing. If I have to report everything for the state to do, one is whether it can be approved, and the other is how to ensure the efficiency of use after such funds are issued. And if I have funds myself and a research institution that I can control myself, many of my ideas can be implemented."

"This is the relationship between the regular army and the guerrillas." Meng Fanze concluded, "The regular army is responsible for fighting tough battles, siege cities and plundering land; the guerrillas are responsible for cleaning up the edges and corners and raiding behind enemy lines. The two are complementary and indispensable."

"Your metaphor is very vivid, I couldn't think of expressing it like this." Feng Xiaochen said with a smile.

"You little Feng also learned to flatter?" Meng Fanze also laughed. Although he knew that Feng Xiaochen's words were a bit complimentary, he was still quite happy.

"Minister Meng, now do you understand what I mean?" Feng Xiaochen asked.

Meng Fanze said: "It's okay if you understand. You can try it first. Don't violate the principles. As long as it is within the principles, I will serve as your backer. You boldly try it out. If you can make a way out, it will also be a contribution to reform."

"Thank you Minister Meng!" Feng Xiaochen said sincerely.

The old leaders of that generation may not have such a high level of knowledge and do not understand the international trends, but they have enough courage to be the first in the world. Meng Fanze is such a person. Many of Feng Xiaochen's ideas are beyond Meng Fanze's cognition, and some are even incompatible with his always-off ideas. But he can feel the progressive elements contained in Feng Xiaochen's thoughts and is willing to provide this young man with some opportunities.

"If you start a joint venture, you need to submit an application to the Foreign Investment Management Committee, and after obtaining approval, you will go to the State Administration for Industry and Commerce to register and obtain a license. Also, if you want to run a business to Tongchuan, you also need to obtain the cooperation of the local government. This way, I will help you with these work, which can at least reduce the waiting time. I won't interfere in production matters, you can do it according to your thoughts." Meng Fanze said with great care.

"That's great. I'm still worried that these procedures are too cumbersome." Feng Xiaochen said.

Meng Fanze pretended to be stingy and said, "You came to me and told me about this. Didn't you just want me to help you? I can't see your little thoughts clearly?"

Feng Xiaochen smiled and said, "Is that so? Where did I show off my feet? I will definitely pretend to be more realistic next time."

"I can't help you for nothing." Meng Fanze said, "We agreed that if the matters in the Metallurgical Bureau are not busy, I will lend you to work and provide guidance to the following companies. This is called changing jobs, and we will not suffer any losses."
Chapter completed!
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