Produced | Sohu Think Tank

Edit | Xu Xiaoqi

On May 23, the live broadcast of “Value Symbiosis: Organizational Management in the Digital Era” jointly held by People’s Posts and Telecommunications Press and the BiMBA Business School of Peking University National Development Institute was held online. Song Zhiping, President of China Association of Listed Companies and President of China Enterprise Reform and Development Research Association, delivered a speech at the meeting.

Song Zhiping pointed out that companies should attach great importance to the domestic market, pay attention to the arrival of the new energy era and the digital era, and make strategic adjustments accordingly.

Song Zhiping pointed out, The strategic adjustment of the enterprise must be carried out in the heyday of enterprise development . “In many cases, companies will only make strategic adjustments when they are down and at the bottom. But Entrepreneurs should take precautions instead of waiting for something to go wrong. . ”

He said that after the company adjusts its strategy, it is not all going well, but it must seize the key tasks of the new season. Brand issues, low-carbon, new energy business, intelligence, etc. are all key tasks.

Song Zhiping said, Under the new season, companies should go from competition to competition . “The business environment should be symbiotic. It is good to have competition, but disorderly virtual competition and vicious competition are not conducive to the development of enterprises. Therefore, it is necessary to compete and cooperate.

In his opinion, Industry interests are higher than corporate interests, and corporate interests are bred in industry interests . The war is over, and companies need to collaborate and cooperate. “Cement companies operate in this way, so today, despite the excess capacity, cement companies are very healthy. Therefore, when we are doing business, we should not only consider competition but also cooperation.”

Song Zhiping also said that from symbiosis to sharing is also the key to the development of an ideal enterprise. He gave an example: Haitian Group is an employee stock company, and employees hold 59% of Haitian Health.

He envisioned, Can everyone be a shareholder , Allowing human capital to enter the distribution, turning the enterprise into a shared platform. In addition to salary, it also allows every employee to have a dividend . “This is my ideal enterprise, and I also think that the future enterprise should develop in this direction.”

Produced | Sohu Think Tank

Edit | Xu Xiaoqi

On May 23, the live broadcast of “Value Symbiosis: Organizational Management in the Digital Era” jointly held by People’s Posts and Telecommunications Press and the BiMBA Business School of Peking University National Development Institute was held online. Chen Chunhua, Dean of BiMBA Business School of Peking University National Development Research Institute, delivered a speech at the meeting.

How does an organization produce high performance? Chen Chunhua believes, Individual development must match the speed of organizational development. Sometimes in an organization, some individuals may feel that the development is not sufficient. The reason is that the speed of individual development exceeds that of the organization. Sometimes, some organizations will eliminate many individuals because the speed of organizational development exceeds the speed of individual development.

“According to this logic, the most important requirement for individuals in the entire organization is how to collaborate with the organization. Because you can’t succeed, you must use the organizational platform. It is very important to discuss the concept of collaboration between individuals and organizations.” Chen Chunhua said.

She pointed out that the individual factors that cooperate with the organization mainly depend on personality, ability, and cognition. There is talent in personality, but the influence of environment on the formation of personality is far greater than talent.

Chen Chunhua analyzed, New individuals and strong individuals who can collaborate with the organization, have a high sense of self-efficacy . People with a high sense of self-efficacy understand their own interests and know the key factors that affect them. He will invest a lot in his field of interest. It must be possible to eliminate any external factors and find ways to achieve expectations.

She also said, The competence of a strong individual can be expanded and has the characteristics of being able to achieve high-performance work. One of the greatest help brought by digitization is to enable individuals to have stronger capabilities. Digitization allows individuals to have a lot of information and a lot of digital tools, which can help solve many problems. Digitalization can also reorganize the cost and efficiency of many things. Young people with digital abilities have done many things beyond everyone’s imagination.

In Chen Chunhua’s view, today’s new individuals, their expectations and psychological contract with others are dominated by personal expectations. In the past, the relationship with the organization was dominated by the organization. But today’s strong individuals and new individuals are not like this, they are dominated by individual expectations. So he cares more about the organization’s ability to commit, rather than his own ability to commit to the organization.

“ Therefore, in the relationship between individuals and organizations, employee loyalty becomes employee satisfaction and finally employee happiness . “Chen Chunhua said.

The German financial regulator BaFin is examining possible stock speculation by employees at the authority. In a total of two cases, BaFin is investigating the question of whether the reported private financial transactions are to be classified as speculative, said the Federal Ministry of Finance. Two people are affected. The ministry responded to a request from Fabio de Masi, the left wing’s financial expert in the Bundestag. The deals were noticed during an investigation of employee deals with shares in the US companies Gamestop and AMC Entertainment. The federal government pointed out that Gamestop and AMC are US companies and that shares in these companies are not subject to the BaFin’s trade ban for private financial transactions. These companies are also not subject to BaFin’s corporate supervision.

Purely speculative business is prohibited

Basically, trading in these shares would be permitted for BaFin employees. However, this does not apply if it is speculative business, because such private business has no longer been allowed in the authority since October 16, 2020. If the two employees actually carried out such transactions, this would be unacceptable from the point of view of BaFin and the ministry. At BaFin, “speculative transactions” means short-term trading in the market – for example with derivative financial instruments or shares. When speculating, the focus is on short-term gains, while an investment aims to achieve long-term returns.

Course capers at Gamestop

The The US video game retailer Gamestop’s price capers had kept the stock exchanges in suspense for weeks. There was also speculation with shares in the AMC cinema chain. The value of the shares had increased significantly in some cases. At Gamestop, for example, small investors with concerted purchases forced hedge funds to cancel their bets on a collapse in the price of the securities. That drove the price higher as the hedge funds were forced to stock up on Gamestop stocks. But then profits melted again. Anyone who happened to hit the right time could still rake in massive price gains. These had nothing to do with the company’s economic or business success – it was a pure bet. As a retailer in the games industry, Gamestop has long been under pressure as the business is increasingly shifting to the Internet.