The Great Power of Times

Chapter 497: head-hunting company

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

"um, yes."

Li Zetian poured a cup of tea for Dongfang Yuqin, and immediately said: "We have a lot of money on hand right now. Instead of keeping it, it is better to quickly establish branches all over the world, so that the presence of Koronos Bank can be spread all over the world."

Dongfang Yuqin said with a charming smile: "How can it be so easy, establishing a branch requires site selection, decoration, recruitment of bank management talents, etc..."

"I know this, but it's easy to say about site selection and decoration. As long as the money is in place, there 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 be poached from other places through headhunting companies."

"By the way, Yuqin, the world's top five headhunting companies, we simply acquired two or three of them to facilitate us to dig people in the future! In addition, there are professional social networking sites, such as LinkedIn, 58.com, etc. In addition, I suddenly had an idea, since we are going to acquire a headhunting company, why not develop a career development platform that can realize the interaction between enterprises, headhunters and professional managers. Create a career development platform centered on the manager's personal user experience, and completely subvert the traditional online recruitment advertising platform with the enterprise as the core!"

Dongfang Yuqin heard the words and said thoughtfully: "LinkedIn, 58.com and 58.com are mainly aimed at ordinary workers, while Liepin.com is aimed at high-end talents... In this way, the company's talents will not be Missing!"

"Yes, that's it!" Li Zetian smiled and nodded, "Wait, I'll teach William and Youran to do these things, and they should also exercise more."

"With the abilities of the two of them, it is naturally no problem to do these things." Dongfang Yuqin said with a smile.

"How is the real estate market in the United States now?" Li Zetian changed the subject.

Dongfang Yuqin said with a smile: "It has begun to collapse. On February 13 this year, New Century Financial Corporation issued a profit warning for the fourth quarter of 2006!"

"Profit warning? Hehe, this means that the profit of New Century Financial Corporation of America failed to meet the forecast of research analysts! Generally speaking, if a profit warning is issued, it indicates that there is a problem with the operation of this company!"

"You know, when the real estate bubble in the U.S. is severe, the house price cannot rise to a certain level, and no one is willing to take over, so real estate speculators are as anxious as ants on a hot pot. If the house cannot be sold, the high price The amount of interest has to be paid continuously, and finally when the desperate day comes, the house is dumped to the bank, and the default occurs at this time. The New Century Financial Corporation of the United States is the second largest subprime mortgage company in the United States, and it is naturally a serious loss! "Dongfang Yuqin laughed.

"It's interesting, the good show is finally about to begin!" Li Zetian's mouth rose, and he 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 Lawson are the world's top five executive search companies, all founded in the 1950s and 1960s, and they are also inextricably linked. Spencer Stuart He was an employee of Heidrick & Struggles, and Egon Zehnder was an employee of Spencer Stuart in Europe. At present, Korn Ferry and Heidrick & Struggles were listed on NASDAQ in 1999, and the other three have maintained the form of private partnership ."

"The positioning of top headhunting companies is 'high (highly recruited positions)' + 'expensive (expensive fees)'.

But in practice, 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 emphasized the concept of "One Firm" (one company), there is only one P&L (profit and loss unit) in the world, and the other three have their own P&L (profit and loss unit) for each office. "

"We have also been in 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?"

"All bought!!!" Li Youran said, full of domineering.

Li Zetian's forehead instantly darkened.

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, you don't want to build a hunting network anymore. With the support of the five major headhunting companies, is Liepin.com worried that it won't 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 what his daughter said was right.

The five top headhunting companies in the world don’t look very big, they are famous, but the market value is really not high. For example, among listed companies, Glow International and Heidrick & Struggles have market values of 2.06 billion US dollars and 450 million US dollars respectively.

For Li Zetian, the money is nothing but a drizzle, but the top headhunting companies are very helpful to Li Zetian.

Li Zetian thought for a while, and said, "That's it, Youran, you are in charge of investing in and acquiring the top five headhunting companies in the world. William, you are in charge of acquiring the LinkedIn website, 58.com, and 58.com. After Youran invests in the acquisition of the top five headhunting companies , you join forces to open the hunting net!"

"Okay, Dad!!!" Leisurely and William responded in unison.

After the meal, Li Zetian took the hand of his youngest daughter, Li Yueer, and took a walk in the leisurely garden to enjoy the flowers.

"Peach Blossom Temple in Taohuawu, Peach Blossom Immortal under Peach Blossom Temple; Peach Blossom Immortal grows peach trees, and then picks peach blossoms and sells wine for money..."

The whole garden was full of peach blossoms, fragrant and refreshing, Li Zetian couldn't help but recite poetry at this time, and he felt a little envious of the life written by Tang Bohu. However, Li Zetian also knows that he is a person who can't be idle at all, always thinking about making money and changing the world.

"Dad, is this a poem you wrote?" Li Yue'er looked at Li Zetian with big eyes, her eyes filled with admiration, as if in her eyes, her father was omnipotent.

"Cough cough!!!" Li Zetian coughed twice, and secretly said, I want to say that this poem was created by myself, and Tang Bohu's coffin board is afraid that it will not be able to hold it~~ This is not a different time and space, everyone Knowing that this poem was written by Tang Bohu, I don't dare to shamelessly say that it was written by myself. Although Xiao Yue'er doesn't know it yet, she will eventually grow up and know Tang Bohu.

Li Zetian said to Xiao Yueer, "It was not written by me, but a poem written by Tang Bohu."

"Tang Bohu?" Xiao Yue'er thought about it seriously, and said excitedly, "Dad, I remembered it, I know the name of a movie is "Tang Bohu's Autumn Fragrance"! One of my classmates said that she has a box of videos at home. The band is "Tang Bohu's Autumn Fragrance", this movie is really funny!"

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

Xiao Yue'er nodded vigorously, "I want to see it!"

"Okay, Dad will take you to watch a movie!!" After saying that, Li Zetian hugged Xiao Yue'er to his body, and then walked to the home theater.