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CEO, an auto company, exposed that most meetings, business trips and business socializing are a waste of time.

2024-10-18 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)03/27 Report--

The epidemic has had a great impact on the automobile industry, the performance of car companies has declined seriously, slimming plans seem to be imperative, and many car companies have taken layoffs or wage cuts to deal with the crisis. There is also a reflection from the car company CEO: in the past, most of the company's meetings, business trips and business socializing were a waste of time.

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Ideal car CEO Li wanted to share on Weibo some important reflections on the company's operations during the epidemic, and unreservedly pointed out the "negative effects" of these meetings, business trips and business networking.

Li Xiang said, "in the past, at least 40% of the meetings were a waste of time, paying for the inefficient internal flow of information and mindless teammates. At least 60% of business trips are a waste of time, and it doesn't matter whether you go to most things or not, just run over to browse your face, find each other a sense of security, and have a sense of presence. At least 80 per cent of business networking and public meetings are a waste of time, with a group of people who don't know what they want and can't see the essence of being together, who are more confused, brainless, sense of security-less, infected and intoxicated. "

With regard to these reflections, Li Xiang said, "the epidemic has brought us back to the nature of things, but the result is better and more secure."

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Many netizens agreed with Li Xiang's view. Some netizens see that this is a terrible reflection from the boss, feeling that the next step is to lay off people.

Li Xiang also posted a supplementary Weibo explanation the next day: "talking about meetings, business trips and business socializing yesterday wastes a lot of time, which does not mean that human-to-human contact is unnecessary, let alone that videoconferencing can replace them." He also said that the system and talent combination is the organization. It is your responsibility to optimize the meeting, not to allow the meeting to be ineffective. It is also your responsibility to reduce unnecessary travel and socialize, and to spend more time on your team and your major, otherwise what do you want us managers to do? "work is actually very happy when more time is spent solving problems and creating value."

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The ideal car created by Li Xiang is one of the new car forces. four years after its establishment, in December 2019, the company delivered the first plug-in hybrid car, the ideal ONE, to consumers, delivering more than 1000 vehicles throughout December 2019.

In Li Xiang's view, perhaps the more tedious processes and operating mechanisms within the company are actually doing useless work, resulting in a great waste of resources.

Ideal car is a new energy car company founded by Li Xiang in July 2015. the company was previously named "car and Home" and changed its name to ideal car in March 2019. Ideal Automobile obtains the production qualification through the acquisition of Lifan passenger cars, and the self-built factory is located in Changzhou, Jiangsu Province. In August 2019, ideal Motor announced the completion of $530 million in round C financing, with nearly $300m invested by Wang Xing, founder of Meituan, and nearly $100m invested by Li Xiang, which valued the ideal car at about $2.93 billion. So far, the cumulative financing amount of ideal car has reached 1.575 billion US dollars.

There is news that ideal Automobile is preparing to build an offshore structure for overseas listing, and Li Xiang himself has discussed this point. It is said that the main reason for going to the IPO in the United States may be that the "money" needed to build a car is far beyond the imagination of an ideal car.

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