Chapter 260: Surviving by Cutting off the Tail
"The reason I’ve called everyone here so late is that there is an announcement to be made."
Qiao Yi clapped her hands in front of the long table to get everyone’s attention.
"I’ve decided to split the project department and reassign the current staff into two parts. One part will continue with the existing projects, while those freed up from the problematic projects will move to the second project department. I’m prepared to give up those old projects prone to issues and start venturing into new industrial directions!"
This time, Qiao Yi did not let them vote by raising their hands because this decision was not a sudden whim of Qiao Yi.
Long ago, Qiao Yi had discussed with Lu Yanchuan the possibility of implementing a small reform within her project division.
The headquarters of the Qiao Family was too large, with over a dozen project divisions under Qiao Yi’s command. Although they all worked at the headquarters, each project division took up one floor and was practically no different from a small branch company.
The saying "a sparrow may be small but it has all the vital organs" aptly described Qiao Yi’s intention to try out her domain to see if she could forge a new path for the Qiao Family.
Over the years, the Qiao Family’s development was too rapid. In just twenty years, they had transformed from an unremarkable small company into one of Capital City’s top companies. Apart from a few large enterprises that overtopped them, the Qiao Family had almost reached its limits in terms of growth.
After reviewing the past five years’ financial reports, Qiao Yi identified a critical issue: the Qiao Family was running out of steam.
Even with the support of the Lu Group, and despite the efforts of Qiao Qiao and Qiao Yi, the Qiao Family was still marching in place and even showing signs of decline.