The Fourth Financial Crisis

Chapter 430 Xuantie Mine Management

Net profit of 100,000 yuan of spiritual stone coins!

This astonishing figure surprised Yang Lu, and Li Qingning next to him was even more stunned and said: "Net profit of 100,000 spirit stone coins in half a year, is this the same mine I acquired back then?"

Back then, Li Qingning spent a total of 3.6 million spirit stone coins to acquire this black iron mine.

According to Li Qingning's original expectation, it would be great if this mine could generate a profit of 50,000 to 60,000 yuan in spiritual stone coins every year.

However, the ideal is very full, but the reality is very skinny.

Li Qingning has been operating this mine for three full years. Not only has he not made a penny in profit, but the labor and materials are wasted, which costs more than 100,000 yuan in spiritual stone coins every year. If Li Qingning hadn't invested so much in sunk costs, she would have wanted to abandon this money-losing mine.

Although this huge loss is not unrelated to the corruption of Ji Sihan's team, even if the more than 500,000 spiritual stone coins that Ji Sihan embezzled in the past three years are added back, the annual profit of this mine is only 70,000 to 80,000 spiritual stone coins. However, now Ji Sihan said that the net profit of the mine in the past six months has reached 100,000 spirit stone coins. How could this not shock Li Qingning?

You must know that Ji Sihan has not taken over the Xuantie Mine for a long time, so the profit of the mine will definitely not reach the peak directly. There is a high probability that it is still in the climbing period. If the Xuantie Mine can maintain this profit trend, next year's profits It is not impossible for the profit to reach 300,000 yuan of spiritual stone coins!

An investment of 3.6 million spirit stone coins produced a net profit of 300,000 spirit stone coins. This level of return on investment is already close to the average return on equity investment on earth. In the Kyushu cultivation world where the average return on equity investment is less than 2%, this level of profit is absolutely rare.

If the Qingning Chamber of Commerce is willing to publicly disclose its financial statements, it is not impossible for the shares of this Black Iron Mine to be sold for a sky-high price of tens of millions of spirit stone coins, and it is impossible for the Guyun Sect to treat them as a depleted mineral vein and sell them at a low price.

Yang Lu looked at Ji Sihan and asked with a smile: "Manager Ji, how did you turn decay into magic?"

Ji Sihan smiled proudly and said: "Consultant Yang, although the knowledge of mine management seems to be complicated, it is actually very simple. You only need to do two small things in total."

Yang Lu raised his eyebrows and said, "Oh? What two small things are they?"

Ji Sihan stretched out two fingers of his right hand and explained in turn: "The first thing is to try to eliminate corruption in the mine; and the second thing is to stimulate the enthusiasm of all miners!"

Hearing this correct nonsense, except for Ji Sihan's direct subordinates, the rest of the Qingning Chamber of Commerce employees showed speechless expressions.

He Mingyuan even rolled his eyes on the spot and taunted ruthlessly: "If I follow what Steward Ji said, I think ascending in the daytime sounds more difficult, but it is very simple to do! First, cultivate to the tenth level of Nascent Soul. The realm of perfection, and the second attempt to break through the realm of immortals, isn’t this correct nonsense?”

He Mingyuan's complaints made Li Qingning show a look of approval. If someone else had spoken to her in such a pretentious tone, she would have slapped him away.

However, considering that the wretched-looking guy in front of her had made a lot of money for herself, Miss Li looked at him with a pleasing look, and even praised him for the first time: "Manager Ji, how exactly did you do it?"

Ji Sihan smiled obscenely and said: "I have worked in the mines for half my life. I can smell ordinary petty thefts with my nose. It is not that difficult to eliminate corruption. As for motivating everyone to start a business, the most important way is to let the miners More work, more reward. However, the workload of miners is very difficult to quantify, and the phenomenon of false reporting of workload and excessive work is very serious. Therefore, after I took charge of the Luanshicheng Mine, the first thing I did was to reform the performance appraisal method."

Li Qingning nodded thoughtfully and said: "Yes, the workload accounting of miners is simply a black box. We can't arrange a performance appraiser next to each miner, a supervisor next to the performance appraiser, and another supervisor next to him. Arrange a supervisor to supervise, and according to Yang Lu, wouldn’t this just become that... matryoshka doll?"

"Miss Qingning is really smart as ice and snow!" Ji Sihan reacted quickly, flattering her on the spot, and then continued his explanation, "So I formulated a new performance appraisal system for the miners. The first thing is to increase the salary level of the miners. 60%, which has obvious wage advantages compared to other large mines. Then the miners' wages are no longer paid according to the absolute size of the workload, but according to the relative ranking of the workload. No matter how much your total workload is, you must Only by working harder than others can you get the highest level bonus. The salary of the miners at the bottom is even less than one-third of that of the miners at the top. This can encourage miners to the greatest extent to supervise each other, work overtime, and involve each other. !”

Hire an ox and horse to work at double the salary, and then force the ox and horse to complete the workload of three people...

Isn't it just the conventional method used by big factories to raise Gu?

Hearing such a management style with Internet thinking, even the well-informed Yang Lu couldn't help but take a breath.

The wages at Qingning Chamber of Commerce Mines are significantly higher than those in other mines, which will definitely attract miners from the Luanshicheng area to flock here. However, the wage distribution at Qingning Chamber of Commerce Mines is heavily tilted towards outstanding employees.

This can not only set up a positive example of hard work and getting rich in the miners' circle, but also increase the inner sense of imbalance among the miners. It makes full use of the comparison psychology of "I feel more uncomfortable when I see you making money than when I lose money", and encourages employees to spontaneously feel guilty. Volume, anyone who dares to falsely report their workload will be directly attacked by their peers.

And this kind of involution can be completely bottomless.

If you dare to do 996 today, I will do 007 tomorrow. Through the workload arms race, miners are spontaneously encouraged to roll each other to death. Even if you are too old to roll, there will naturally be young people who are jealous of the high salary of the Qingning Chamber of Commerce and will come to roll.

Most of the people present had management experience, so they naturally knew how insidious the new incentive system formulated by Ji Sihan was.

Seeing that everyone was attracted by his original management methods, Ji Sihan became more enthusiastic when explaining: "Since I implemented the new working system, the working hours of the miners have increased significantly, from the earliest 60 hours per week to 90 hours a week, per capita production capacity has increased by 130%, but labor costs have only increased by 60%. Relying on efficient labor, even many mining sections with seriously insufficient black iron content now have mining value, and the entire mine The mineable reserves have more than tripled. Even if the average grade of this black iron vein continues to decline at the current rate in the future, I am confident that in the next 15 years, I can recover all investment costs for Miss Qingning and Consultant Yang. .”

Hearing Ji Sihan's heroic words, Yang Lu smiled noncommittally, turned to look at He Mingyuan and said, "Manager He, have you checked the accounts of Luan Shicheng Mine? Are there any problems?"

He Mingyuan was naturally very unhappy when he saw Ji Sihan being in the limelight. However, he knew that false accusations would not defeat Ji Sihan, so he could only reluctantly say: "Based on the accounts of Luan Shicheng Mine and the information I have, I can't tell what this guy's tricks are for the time being!"

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