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Chapter 551 All You Need to Do Is ObeySelena was hung up on by Raymond, following which Ann walked in.
"Selena, the senior leaders are all waiting. Everyone is still hesitating about the sudden change in direction regarding the Fair family." However, due to the majority of the stocks being held by Selena, she now virtually called the shots.
The other shareholder within the company was the Director of Human Resources, Hendrix Stone, who just turned thirty this year. Previously unnoticed within the company, his appointment as director was based on the principle of not offending anyone.
Follow on NovᴇlEnglish.nᴇtThe only thing that set this person apart from others was that he has no negative impact. He was just a senior employee, nothing more.
Upon entering the meeting room, Selena was greeted by a group of unfamiliar high-level leaders, all of whom stood up to welcher. They waited for her to sit down before slowly taking their seats.
Her expression remained composed as she inquired, "Have you all reviewed the proposals?" Eyes met around the room.
Finally, someone gathered the courage to speak up.
"Selena, we have all reviewed the proposals, but with the Fair family suddenly shifting towards the film and television industry, could it be too risky for us? We are solely in the business of manufacturing paint, with no expertise in the realm of entertainment." "Everyone, if it wasn't forbringing in the collaboration between Cornerstone Construction and T. Rowe Price this time, how long do you think Aether could have lasted?" People on the scene instantly fell silent. By then, Aether had already been acquired by Olivia, and that woman even cto the building to show off.
After that, Aether went through a series of turmoil, and it wasn't until the past two days that the new leadership team was fully in place. Selena proceeded to address their concerns.
"I have full control over the company now that all the shares are in my hands. I hold a hundred percent authority within this organization. In the upcoming days, I will have Ann assign a series of tasks. Each of you will be evaluated, and those who fail to meet the standards will be let go. Regarding the transition to the film and television industry, it doesn't mean that all of Aether's operations will revolve around entertainment. As you have rightly pointed out, we lack expertise in the film industry. Therefore, I recently dabbled by investing in one of the films, specifically Alex's screenplay. Within six months, it is projected to yield returns at least tenfold. However, the returns from paint are not as rapid. "You are all here at my invitation, and you have to obey me. Your salaries have surged tenfold. In the current economic climate, this pay rivals what a ten-year veteran in the field would earn. I trust that there are no objections to this, correct?" Indeed, the reason this group of people could gather together and trust Selena was because the salary Selena offered was very attractive.
"Our business has been largely restricted for nearly half a year, and we are now seeking alternative pathways. When my father was in his position, he maintained strict control over every production line. However, I have identified several issues as well. Many departments are overstaffed. Take the H.R. department, for example. H.R. is only responsible for personnel movements and should not need to work overtlike the product development teams. Yet, in recent years, the H.R. department has been consistently working overtdue to the prevalent culture of overwork in the company. In reality, many individuals have completed their tasks by the afternoon. Following this line of thought, the H.R. department could potentially reduce its staff by two-thirds." As Selena articulated her thoughts, she observed a slight furrow in Hendrix's brow. "However, I do not intend to downsize the workforce. What I aim for is for individuals similar to those in each department to transition to other positions. Our foray into film investments is currently in its trial phase. I have instructed Ann to re- register a new company. Any senior leaders willing to oversee this new venture can now volunteer. Subsequently, we will proceed with recruiting from various departments. I have already decided on the nof the new company-S.M." Selena's concept was rather straightforward. The newly registered company was not entirely independent at the moment; financial support from Aether was required to facilitate the salaries for everyone involved.
Follow on Novᴇl-Onlinᴇ.cᴏmHowever, S.M.'s business was completely different from Aether's. Aether still stuck to its original paint production, just no longer blindly expands production lines. On the other hand, S.M. would start investing in the film and television industry to make money in the entertainment industry.
"Everyone, even though it was my first tmanaging a company, I understood one thing: when there's money to be made, we should all make it together. If S.M. succeeds in the future, rest assured that each of you will receive a share of the profits." Selena was quite generous in the remuneration she offers to these senior leaders, displaying an authentic and sincere tone without any trace of formality.
Young people, after all, who didn't harbor saspirations and ideals? As soon as she spoke, everyone was instantly stirred with excitement. "Selena, where is S.M.'s workplace?" Selena gestured downwards.
e "In the future, the top floor will be utilized as the workspace for S.M. The senior leadership of Aether will move their offices down by one level. However, both Aether and S.M.§ documentation will require my review going forward. Those willing to join S.M. can now begin selecting films for investment. While our current funds are limited, we may not be able to invest in major productions. Yet, the short film market is projected to experience substantial growth in the coming years, offering returns of nearly a hundredfold.
"I am allocating a temporary investment capital of one million to each of you. Through the investment process, not only will you gradually comprehend this market, but you will also start engaging with actors. Perhaps the emerging actors you are encountering now will becrenowned stars in a few years. Once you step into this industry, you must be willing to take risks." The content. is on novelenglish.net! "Selena, we stand behind you!" "Yes, let's do this together!"
Seeing these enthusiastic faces, Selena smiled and said, "Have the staff begin arranging theworkspaces. The remaining senior leadership of Aether will relocate their offices downward." As soon as the conversation concluded, the scene bustled into action.