Published ｜ Tiger Sniff Business Group
Author ｜ Knock Box
The successful entrepreneurs all have a common problem to consider: how to retire smoothly and transfer management rights smoothly?
On the evening of April 27, Haidilao (6862.HK) announced that the company will adopt the next 10 to 15 years of leadership The talent selection plan aims to “strengthen the proven internal promotion mechanism and provide talent reserve and exercise in advance for the company’s sustainable development and the long-term retirement plan of the senior management team.”
At the same time, Haidilao founder Zhang Yong sent an internal letter to all employees that he will retire within 10 to 15 years, and at the same time outlined the general plan of the “Haidilao successor plan”, All employees except Shi Yonghong, Gou Yiqun and Yang Xiaoli can participate in this plan. (The full text of the internal letter is attached at the end of the article) .
Zhang Yong said in the letter that the three current Haidilao leaders mentioned by him were “too expensive, and the cost-performance ratio is indeed not high for the future board of directors.” Currently, Shi Yonghong is the executive director of Haidilao, Yang Lijuan (Yang Xiaoli mentioned by Zhang Yong) is the chief operating officer, Gou Yiqun was the financial controller of Haidilao, and is currently the chairman and general manager of the supply chain of Shuhai. These three can be said to be veteran employees of Haidilao: In 1994, Zhang Yong and Shi Yonghong and his wife co-founded Haidilao, and Yang Xiaoli and Gou Yiqun joined Haidilao in 1995 and 1999, respectively.
Zhang Yong ’s internal letter is equivalent to the announcement of the collective retirement of Haidilao ’s first generation of management in advance-in the next 10 to 15 years, they will find a company that “has love Haidilao, skilled business, New leader who has insight into human nature.
How to find? Who are you looking for?
Zhang Yong mentioned in his letter that since October 2019, Haidilao has imposed a “restriction of high order” on the income of cadres with family heads and above, that is, income is controlled within a fixed number. Income, you can try to “go to work that you were not familiar with before and never did” or internal entrepreneurship. Employees who try new jobs will get corresponding points. When promoting cadres, those with higher points can be selected for merit.
Zhang Yong emphasized that this plan covers everyone, but the details are different. The new leader finally selected must have three characteristics: love Haidilao, skilled business, and insight into human nature. The Haidilao responded to Tiger Sniff that these three indicators are guidelines, and the specific assessment of the three indicators is diverse.
It is worth noting that on April 27, Haidilao also released several personnel change announcements-
Tong Xiaofeng has resigned as the company’s executive director, chief financial officer, contact company secretary and authorized representative to allocate more time to accompany his family, effective from April 27;
Zhou Zhaocheng has been appointed as an executive director, joint company secretary and authorized representative of the company; Li Peng has been appointed as the company’s financial controller.
According to the information provided in the Haidilao announcement, Zhou Zhao was 47 years old and has been the chief strategy officer of Haidilao since April 2018. He is mainly responsible for assisting the CEO to formulate development strategies and is responsible for the group’s legal affairs, brand and public relations; Li Peng is 39 years old. He joined Haidilao in 2014 and served as a senior manager of the sharing center of the company’s financial management department and a senior manager of overseas finance.
According to Zhang Yong ’s statement in his internal letter, “Everything is pre-established, and early planning will eventually appear calmer, no matter how I will be 60 years old in ten years.” Zhang Yong is 51 years old. It is planned that he will step down after 60 years of age, and the new leader will be in his prime at that time, so Haidilao ’s next leader will be born in the post-80s (or even post-90s).
At present, Haidilao has store managers, family heads, coaches, decision-making committees and other levels of organizational structure. When you become the head of the family, your income will be “restricted”, and you will have the opportunity to be promoted to a higher management level after employees change jobs or start their own businesses.
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