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Chapter 143 - Chapter 141 Start to expand territory

The third appointment.

"James Sean, former president of the SpongeBob SquarePants store chain, will step down from his position as president effective immediately and will be appointed as the head store manager of the SpongeBob SquarePants store chain."

"As for the position of president, it will be held by Taro Hashimoto."

As Kyle finished speaking, everyone present was stunned.

Who is James Sean?

He's the boss's old neighbour and good brother, Kyle's absolute direct confidant. Now that he's been demoted, how can anyone here not be surprised?!

In fact, they didn't know that it was James himself who took the initiative to raise this matter with Kyle, and he raised it repeatedly. It was precisely because he was Kyle's old neighbour that he didn't want to be in a high position with poor ability and let others gossip about Kyle.

Kyle understood him, but at the same time didn't want to put too much pressure on him.

Stephen frowned, looked at Messer next to him, and whispered: "David, I didn't expect the boss to even take down James."

Messer nodded and whispered, "The mediocre are demoted, and the capable are promoted. The boss isn't one to favour favouritism. But at the same time, we must be careful not to become complacent or rest on our laurels."

Sister Martha, Ms. Donna and others were all shocked.

Everyone present had extremely rich work experience and was extremely shrewd. They saw that Kyle was killing the chicken to scare the monkey.

Even his own good brothers can be sacrificed, let alone you?

In fact, they guessed right!

The reason why Kyle did not tell them was that James took the initiative to resign from the position of president of the peripheral chain stores. This was to tell them that they could not rest on their laurels in the future, otherwise, they would be punished or even fired.

So what if you are a company veteran?

So what if you have made many contributions to the company?

"I want to tell you clearly that if you don't make progress, you will regress. As long as you slack off and are not competent for your current position, the ending that awaits you will definitely be tragic!" Kyle's heart moved.

Fair!

If a company wants to maintain its vitality and sustainable development, it must operate on the principle of fairness. If you are no longer capable, then I can only let the newcomers replace you!

Also, don't mention that Kyle doesn't remember the old friendship. The workplace is a battlefield!

....

Pah pah~

Kyle clapped his hands heavily several times, and the door of the conference room was pushed open. A short but shrewd middle-aged man walked in.

"Hello everyone, my name is Taro Hashimoto. I've been invited by Mr. Page to serve as the new president of the SpongeBob SquarePants store chain. Thank you for your continued support."

The middle-aged man introduced himself and then bowed to everyone according to the custom of his hometown.

"Everyone, this is Mr. Hashimoto. This is the first time we meet, but I have to say that he is someone I spent a lot of money to poach from another company."

Kyle introduced.

....

The personnel appointment process is completed, and the next step is naturally for the heads of each subsidiary to begin making reports.

Ms. Donna, Kevin Feige and others, representing UPN Television, Worldwide Pictures, Waterworld Animation Studios, Golden Dawn Music and other companies, reported the second half of the year's performance to Kyle and the head office.

Overall, the situation is very good!

In the second half of the year, each subsidiary generated a lot of revenue, with a significant improvement compared to last year's performance.

"Everyone!"

Kyle looked at everyone and said loudly, "From your reports, I can see that everyone has done a good job recently, but we can't let this stop us from slacking off. After all, if we don't make progress, we will regress."

Everyone present nodded.

We are all people with aspirations and ambitions.

They are very satisfied with the current situation, but if they pursue higher goals, they will definitely not give up.

"Currently, Page Pictures' distribution network has expanded to every major state in the United States. This is impressive, but still not enough. Between 1998 and 1999, my brief for Page Pictures was simple: to completely complete our North American distribution network, encompassing Canada and Mexico, and establish our own film distribution network."

"Kevin Feige, do you find it difficult?"

"Yes, I know it's not an easy task."

"After all, establishing a transnational film distribution network isn't something you can accomplish simply by having money. Many factors need to be considered, such as the policies of the Canadian and Mexican governments, the protection of the local entertainment industry, and competition from competitors."

Kyle said solemnly, "But we can't back down when faced with difficulties. There are always more solutions than problems. And in the distribution markets in Europe, South America, Australia, Asia, and other places, we can cooperate with local overseas film companies. Yes, we can give up some profits."

The overseas distribution network is of utmost importance!

Without a complete overseas distribution network, it is like being strangled by the neck and unable to move freely.

Page Pictures is currently cooperating with Paramount Pictures on the overseas distribution of films, but this does not mean that Page Pictures has completely given up its independent overseas distribution channels.

If you really believe in the integrity of big companies, then you are really an idiot!

Of course, establishing an overseas distribution network is no easy task. In Kyle's previous life, Lionsgate spent over a billion dollars in just cash to build this overseas distribution network, and the connections and behind-the-scenes work involved were countless.

In the following period, Kyle made further instructions to subsidiaries such as UPN Television Network and WaterWorld Animation Studios, as well as work goals for the coming year.

At last.

"Option dividends!"

"That's right, it's the option dividend!"

"In the next one to two years, I will distribute corresponding stock options to each of you based on your performance by the year 2000. As for permanent stock options, that's not impossible, as long as your work is outstanding."

One stone can cause a thousand ripples!

What is a big deal?

For everyone present, options were what they truly desired. For a professional manager, their annual salary, in addition to their fixed annual salary, consisted primarily of option dividends. Furthermore, option dividends were often several times greater than their fixed salary.

For a moment, both CEO Victor and Donna and others were extremely excited.

Forget about loyalty. We are all just trying to make a living. Who doesn't want options?

"If you want a horse to run, you must give it grass to eat."

Kyle was certainly stingy, but he was also very knowledgeable about the principle of using incentives. As the company grew, awarding options to key executives was a necessary step for major companies.

Otherwise, how can you retain talent?

Of course, given Kyle's personality, even if they are given option dividends, they will not be much at the beginning.

If capitalists don't exploit you, how can they be considered qualified capitalists?

....

The next day.

Kyle did not stop, but began to plan to acquire publishing houses, bookstores, game companies, sports businesses, etc.

Territory expansion is urgent!

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