Chapter 83 On April 24, it is impossible for New Oriental to turn back

In the past, I tried to balance interests and favors, which made me exhausted and embarrassed.Now they don't need to come and "fight" with me.New Oriental has gone through a big cycle and returned to a good starting point.I'm actually very resistant to going public.I don't want to put so much pressure on myself now that I have to pay for other people's mistakes.Sometimes I fantasize about making New Oriental smaller and making it my own, so that the problem of "internal circulation" will be gone, and the external pressure will be gone. How wonderful.It's a pity that New Oriental can't turn back. It just takes one step, learns one step, sees one step, and pushes forward.

"Study abroad consulting expert" Xu Xiaoping, who used to be the "No. 2 person" of New Oriental, now serves as a director, plus a vacancies.When analyzing New Oriental's "corporate politics", Xu Xiaoping is an indispensable figure. In 2001, Xu Xiaoping was cleared out by the board of directors. At that time, his heart was full of anger and resentment.Taking revenge on Yu Minhong and insulting New Oriental was almost his instinctive choice, but another kind of rationality permeated his whole body. In the following year, Xu Xiaoping took time off to reflect and wrote two widely circulated books.

"It is impossible for Xu Xiaoping to leave New Oriental by pulling his own hair."Leave or come back?Xu Xiaoping chose the latter. At the end of 2002, he submitted a job application to Yu Minhong and was accepted as a director again.Xu Xiaoping said, "On the spiritual level, I chose the New Oriental spirit, and on the personality level, I chose my own personality." Up to now, Xu Xiaoping believes that the moment he was expelled from the board of directors, New Oriental completed the transformation from self-employed to joint-stock modern corporate governance, because "the power of shareholders has demonstrated its strength and unparalleled for the first time." "New Oriental's family politics and patriarchal politics ended at that moment and were replaced by shareholder politics."The transformation from feather to butterfly can be described as "blood dripping", and Xu Xiaoping is undoubtedly the first one to be "sacrificed".

Xu Xiaoping also frankly stated his reflections on the "ETS incident": "If New Oriental is destroyed because of the ETS lawsuit, then what we people will leave to the world will be a permanent joke, and we will be reduced to thieves and thieves who cannot stand up. Are we willing? We have to let the world know that we are cultural people with ideals and education.” Shareholders of New Oriental fought fiercely for the shares. After the shares were distributed, they were collectively confused, and they had doubts about themselves and New Oriental's future.Everyone has a stomach full of grievances that cannot be expressed, so they lack a sense of belonging and identity.

To ensure the maximum benefit of shareholders is the correct and sustainable rule of the game that enterprises should abide by.