Chapter 182 September 10 Breaking down big things into small things

It is a good thing for a person to have lofty ideals and goals, but it is more important to have a clear understanding of the process and methods of realizing ideals, and have the ability to break down big things into small things, and then earnestly do small things well ability and patience. If the corporate strategy pursued by Yu Minhong is simplified, popularized, and visualized, there are actually only two layers of connotation: sophistication and benefit sharing.The smoothness and proficiency of the world, and the mechanism and operation of benefit sharing have laid the foundation for New Oriental's success to a certain extent.Human relations and interests are the two vital gates in the process of enterprise development.The failure of many companies is due to the failure to wisely judge the scale of human relations and interests.

In order to gain benefits, training institutions must break the so-called qualification boundaries, and must allow those teachers who are widely welcomed and recognized by students to get more bonuses. Yu Minhong thinks so and does so.Yu Minhong has personal feelings about this. In his early years, he taught in the training department of Peking University. Peking University paid him 15 yuan or 20 yuan per three hours, but if it was a professor giving a lecture, their class would be 80 yuan.Yu Minhong asked for a higher lecture fee, and the person in charge of the training class replied plausibly: "You have just been promoted from a teaching assistant to a lecturer. The school has a clear regulation that the lecturer's lecture fee is so much, and it cannot be compared with the professor." Yu Minhong is not unreasonable, he has a reason Yes, because his lectures are very effective and the students love to listen. Each class can attract more than 300 students, while there are only dozens of students in the class of the professor next door.Yu Minhong couldn't figure it out, why did he take so many students and the professor took so few students, yet he got so little lecture fee?Even if all the professor's students went to Yu Minhong's classroom to attend lectures, Yu Minhong still got 15 yuan for the lecture, while the professor's lecture fee was still 80 yuan.The unbalanced distribution of benefits and the strict hierarchy made Yu Minhong very depressed.

After founding New Oriental, Yu Minhong paid special attention to the establishment and improvement of the profit distribution mechanism. His entrepreneurial partners didn't take it seriously at first, thinking that he lacked a macro-strategic vision and that all the things in his mind were trivial.Yu Minhong regards the construction of the benefit distribution system as extremely important. He believes that if New Oriental cannot marketize this matter, it will be difficult to become bigger and stronger.Yu Minhong often used his experience as a training teacher to warn New Oriental's executives: If New Oriental can't realize distribution according to work and can't distribute benefits according to contribution, can New Oriental have a future?

It is precisely because of this basic awareness that Yu Minhong stipulated that the income levels should be expanded so that those teachers who are loved by students will get rich first.In the benefit distribution system of New Oriental, mediocre teachers must earn much less than excellent teachers, and the difference between the two incomes is more than 50%. All great events are the accumulation of small events in daily life.If you want to be a successful entrepreneur, you must be good at breaking down major issues into smaller ones and handling them well one by one.