Chapter 1690: Real Goods

"You should rest for a while; I'll call you when we reach the train station." Secretary Liu Bin was following Li Xuewu out today for training; this was Old Li's arrangement.

"Following me at home is one thing, but if you don't seize the opportunity to learn more when you're out, what kind of future can you have? Go find the Secretary-General!"

This was indeed Old Li's original words. Driving Liu Bin out was truly to let him broaden his horizons.

"No need, I can't sleep."

Li Xuewu raised his wrist to check the time and asked, "How long until we reach Osaka?"

"I specifically asked about the time: three hours and ten minutes. It's very fast."

Liu Bin introduced with some envy, "They told me to just buy the Shinkansen ticket."

"That staff member specifically emphasized buying the Hikari train, saying it's the fastest. The other train is called the Kodama, which takes four hours."

"That's certainly good enough." Li Xuewu nodded slowly, looking at the streetscape of Tokyo outside the window, and said, "We'll be able to reach Osaka by the morning."

"After all, it's over five hundred kilometers to Osaka—more than a thousand *li*!"

Liu Bin raised his eyebrows and said, "Think about it, from the capital to Fengcheng, we take a train for over eight hundred kilometers; even if we buy an express ticket, it still takes more than ten hours, right?"

He said with some emotion, "When will our trains be able to run this fast!"

"It will happen. Bread will be there."

Li Xuewu smiled faintly, not knowing if Liu Bin would live to see the era when our high-speed rail mileage and production capacity would be number one in the world.

If one thinks about it this way, the future countrymen would truly be happy.

"Even if we catch up by one-tenth in a year."

Liu Bin shook his head and couldn't help but sigh. Looking ahead from the passenger seat, his eyes were full of longing and hope.

The carriage was silent for a good while before he turned his head back to introduce, "However, the ticket price for this Shinkansen express is really expensive!"

"How much?" Li Xuewu turned his head to look at him and asked, "Did you bring enough money?"

"Enough, the leader instructed me to bring extra."

Liu Bin held a leather bag under his arm, which contained their activity funds; Li Xuewu wouldn't manage the money.

"From Tokyo to Shin-Osaka, it's 4130 yen per person, and that's for a standard seat, which is equivalent to... let me see."

He raised his head to think for a moment and quickly gave the answer, "Twenty-eight yuan and twenty-four cents!"

"Dark! Truly dark!"

He didn't feel much when talking about yen, but once converted into domestic currency, he kept shouting that it was dark.

"Our group's average ordinary employee makes about forty to fifty a month." Liu Bin shook his head and said, "Taking one trip out costs half a month's salary."

"It's an express, so it's normal." Li Xuewu said faintly, "It's still faster compared to taking a plane."

"A plane takes an hour or so, but you need to wait for the flight and queue up."

Liu Bin nodded in agreement and said, "I asked about the plane, but later I decided to ask for your instruction to take the train instead."

"Mm, let's take this opportunity to see their Shinkansen." Li Xuewu smiled and patted the knee of Qi Yan, who was sitting beside him, saying, "After we go back, we must work hard to build the motherland and catch up to them."

"Hehehe—" Liu Bin smiled and said, "Actually, I feel that over these years, the gap between us and the world's advanced level has been constantly shrinking."

"Especially in the last two years, our economy, science, and technology have all been developing." He emphasized, "Just look at our employee benefits and you'll know."

"You can't use the benefits and treatment of the Red Steel Group to compare with the whole country. Looking at a population of hundreds of millions, there will always be places with good conditions and places with bad ones."

"That's true—" Liu Bin thought for a moment, turned his head, and asked, "I heard that the benefits and treatment for employees in Japanese enterprises are also very good. Is that so?"

"Mm, they are currently implementing a lifetime employment system, just like us; they don't lay off employees easily, and loyalty is very high."

Li Xuewu nodded and introduced, "The Panasonic Electric we are visiting today is a typical representative enterprise of this personnel system."

"I heard their General Manager is an old man," Liu Bin was just chatting, and seeing that the leader had no intention of resting, he became talkative, turning his body to say, "He's over seventy years old and still holding onto power without letting go."

"That's normal. The enterprise is his own; if he doesn't want to retire, who can force him?"

Li Xuewu glanced ahead and said, "If you have time, you can just ask someone on the street what brand of electrical appliances they have at home."

"Six out of ten people will tell you that their family uses Panasonic Electric."

"Then what is the status of Sanhe Corporation in the Japanese electronics market?" Liu Bin was also curious and said, "Isn't it said that it sells very well?"

"You've hit the nail on the head. The electrical appliances we manufacture for Sanhe are the same as Panasonic's business strategy, which is high quality and low price."

Li Xuewu thought of this and said with a smile, "The old man you just mentioned who is holding onto power is Konosuke Matsushita."

"Do you know what Japanese merchants call him?"

He looked at Liu Bin, raised his eyebrows, and said, "The God of Management. They regard him as a god that merchants worship."

Liu Bin was very surprised and asked blankly, "Regard a living person as a god?"

"Because this person is god-like; what he does exceeds everyone's cognition."

Li Xuewu nodded slowly and said, "From starting a business to becoming a world-class electrical appliance supplier, he single-handedly created the current commercial empire."

"That's truly—" Liu Bin seemed to understand why Konosuke Matsushita could receive such a title.

"Then can we see him today?"

Liu Bin seemed very interested in the living god and asked, "Isn't it said that he still insists on going to work now?"

"How is that possible? He is 76 years old now." Li Xuewu smiled and said, "Our influence isn't that great yet."

"Not necessarily," Liu Bin said with a smile, "We can also be considered their competitors now. Would they dare not take us seriously?"

"What do you think?" Li Xuewu looked at Liu Bin and asked, "Do you think we can cause trouble for Panasonic Electric now?"

"I think we can, we definitely can."

Liu Bin was quite confident and said seriously, "Even if we can't in the international market, in Japan, Sanhe is a tough character."

He was Li Huai De's secretary and could see almost all the group's data and documents, so he understood the enterprise's business situation very thoroughly.

"Exporting millions of electrical appliances a year, even if they are an elephant, we, this ant, can bite them to death."

"Mm, one must have this kind of ambition."

Li Xuewu thought for a moment and said, "Today we have an appointment with their Managing Director, who can also be considered a core executive."

Panasonic's management structure is very special; it doesn't look like an ordinary modernized commercial enterprise, but rather like a traditional Japanese-style family.

Konosuke Matsushita is, of course, the head of the big family. He retired as President ten years ago and became Chairman, but he still holds the final decision-making power.

The current President of Panasonic Electric is Masaharu Matsushita, which is a role similar to a General Manager.

The first impression of the name would definitely make one think that this Masaharu is Konosuke's son, but actually, he is not; he is the son-in-law.

Masaharu Matsushita's original name was Masaharu Hirata, and he only changed his name after becoming Matsushita's son-in-law.

Those who have studied Japanese history or watched those historical dramas should know that the Japanese are not very concerned about their surnames.

China is different; heroes walking the *jianghu* talk about never changing their name while traveling or sitting. There is no such thing in Japan.

If a godfather is capable, take the godfather's surname; if a father-in-law is capable, take the father-in-law's surname; even if a leader is capable, one can take the leader's surname. Anyway, as long as one can get the inheritance rights, it's fine.

In the country, if your leader said he would give you the company's inheritance rights and let you take his surname, would you be willing?

With the support of his father-in-law, Masaharu Matsushita, who graduated from the Faculty of Law at the University of Tokyo and changed his name, rose all the way to his current position.

And this year, he is fully presiding over the business work of Panasonic Electric.

Actually, before deciding to go to Osaka, both sides had communication, which was about the question of who would go.

At that time, it was said that if Li Huai De went, their President would come forward; if Li Xuewu went, only the Managing Director could come forward.

It couldn't be that just because Li Xuewu went, their President had to come forward to receive him; this didn't conform to the rules.

Li Xuewu didn't feel there was any slight; as long as the person meeting him today could make a decision on the negotiation, it would be fine.

The Managing Director is at the bottom of Panasonic Electric's core management layer; above them are the Executive Directors, but there are only three, respectively responsible for sales, production, and components.

Above them are two Vice Presidents, respectively responsible for general affairs and technical research and development, overall presenting a pyramid, and also a family industry model.

If one combs downward, one doesn't feel any difference from a modernized enterprise until the Executive Director level, but once reaching the Managing Director level, one can see it.

Panasonic Electric has fifteen independently accounted business divisions, and the headquarters is only responsible for funds and strategy.

Television has a television business division, refrigerator has a refrigerator business division, each manages its own, responsible for its own profits and losses, which is a bit like a contract system.

From this, it is not difficult to see that the business division is equivalent to a branch company, and the business division manager is equivalent to a small boss.

They are fully responsible for research and development, production, sales, personnel, etc., and the Panasonic headquarters does not interfere with their daily operations.

But there is no decentralization in strategy, funds, and profit indicators.

What are the advantages of this model?

Centralized funds, the headquarters uniformly provides "internal funds," charging a 10% annual interest rate, which can force the business division to improve capital efficiency.

Independent profits, no cross-subsidies, profits are retained for development, losses are rectified by oneself, resolutely not eating from the "big pot."

Looking at it this way, the enterprise management model Li Xuewu designed for the Red Steel Group really has a bit of Panasonic's flavor.

Now the Red Steel Group is experimentally decentralizing power to various general companies, giving them a certain amount of capital autonomy, which is the part of profit retention.

However, research and development, sales, etc., are still concentrated in the hands of the group headquarters, but these are also gradually being let go.

A group company must have a big picture and cannot be like a housekeeper, nagging every branch company and managing this and that.

One must let go and let them develop and operate. The framework has already been built, and the group company supervises, and if key risks appear, it will control them in time.

If one really wants to be like the transportation team leader, calling the front line and demanding the artillery position to move ten meters to the left, that would be a big joke.

However, limited by the system, the Red Steel Group cannot fully decentralize power to branch organizations, nor will it appear in the extreme capital compression situation of annual interest rates.

The best situation should be to choose the good ones and follow them, and change the bad ones.

In this world, where is there an unchanging, forever leading management model? Just look at the ending of Panasonic Electric in later generations and you will know.

That is truly like Wang Erxiao celebrating the New Year—getting worse year by year.

In later generations, what should be sold is sold, what should be discarded is discarded. The world's electrical appliance king finally ended up as a supplier of vehicle batteries and electrical appliances.

To add one more sentence, Tesla's batteries are supplied by Panasonic.

Today, Li Xuewu specifically wants to see the television industry, which has been directly cut off. In the country, it has been directly handed over to Skyworth for operation, which is equivalent to "Hengyuanxiang."

But later generations are later generations, and now is now.

Now Panasonic Electric is king in the world, so Li Xuewu must come with an attitude of learning and a mindset of seeking knowledge.

One must know that now Panasonic Electric in Japan can compete with Toyota, and its global home appliance sales volume is number one.

With something good, why not learn? Is one going to miss this opportunity?

"This is Mr. Li Xuewu, Assistant General Manager of the Red Steel Group," a commissioner from the Ministry of International Trade and Industry had been waiting here for a long time and specifically introduced to Li Xuewu, "This is Mr. Yukichi Matsuno, Managing Director of Panasonic Electric."

"Hello, welcome to Panasonic."

"Hello, very happy to come to Panasonic."

Li Xuewu shook hands and greeted the other party under the introduction of the commissioner, but he spoke in Chinese.

There is nothing strange about this; unlike later generations, in this era, whether it is Japan or South Korea, there are many people who can speak Chinese.

Especially merchants and officials; if one doesn't understand Chinese, one will be laughed at.

Didn't that legendary "hunger-resistant king" in South Korea in later generations have a proposal after reaching the top, urging young people in South Korea to learn Chinese?

Li Xuewu listened to the other party's standard Chinese and nodded with a smile, saying, "I've caused you trouble."

"No, no trouble. We sincerely welcome you to Panasonic."

Yukichi Matsuno introduced very sincerely, "President Masaharu Matsushita is not here today. He specifically instructed me that I must receive you all well."

"If you can stay in Osaka for one night, the President very much hopes to see you all tomorrow."

"That would truly be a great honor."

Li Xuewu didn't promise whether to stay or not. Actually, it was already past eleven o'clock in the morning. Even if the afternoon's itinerary and talks went quickly, it would still be evening when they ended.

If they went back to Tokyo, they would have to rest until the early morning.

But whether to stay in Osaka or not still depended on the situation. If there was nothing to talk about, they must return to Tokyo early.

Today is Panasonic's itinerary; tomorrow he might have to go to Sony. The team has already contacted them in advance, so it depends on whether the effect of the meeting is good or not.

So he just used a simple sentence to cover it up. Both sides entered the Panasonic headquarters building together. During this time, Yukichi Matsuno also enthusiastically introduced the development history of Panasonic Electric and the current business situation.

"You have 45,000 employees?"

Li Xuewu was a bit surprised by this number. Listening to the other party's introduction, he asked curiously, "Is it domestic, or global?"

At this time, Panasonic also has factories in other countries, which is quite amazing.

Listening to Yukichi Matsuno's introduction just now, their revenue last year was 748.9 billion yen, and the net profit was 72.05 billion yen.

Talking about yen might not be intuitive, so let's talk about US dollars. Their revenue was 2.4 billion, in the US dollars of this era.

What if we talk about domestic currency?

Last year, their net profit was 492 million, which is equivalent to more than 49 Red Steel Groups. The Red Steel Group's net profit last year was less than 10 million.

This is still saying that the Red Steel Group is a comprehensive industrial enterprise, while Panasonic Electric only operates the electrical appliance industry.

The electronics industry cannot be counted as heavy industry, but this profit sounds truly astonishing.

What is even more surprising is that in this era, Panasonic actually has 45,000 employees.

Don't think that because the Red Steel Group has 60,000 employees, one should look down on this number of Panasonic. The system and business environment are different; these are two different things.

"That's right, more than 45,000 employees." Yukichi Matsuno nodded with a smile and confirmed, "The total number of people in the whole company, including overseas factories."

"That's truly very amazing." Li Xuewu nodded and affirmed, "To support so many people, it is enough to see your company's responsibility and commitment."

"Thank you, we are a light industrial enterprise and need more industrial workers and sales personnel."

Yukichi Matsuno raised his hand to indicate the direction of the meeting room, inviting Li Xuewu and his accompanying personnel to rest first.

"I heard that your company also has many employees?"

After both sides were seated, Yukichi Matsuno also looked at Li Xuewu with some curiosity and asked, "How many people does your Red Steel Group have?"

"There were more before. Three years ago, we still had nearly 100,000 employees," Li Xuewu also introduced very frankly, "Over these years, because of industrial upgrading and technical upgrading, the total number of employees has dropped to 60,000."

"So many?!" Yukichi Matsuno's eyes widened in surprise. While asking his secretary to serve tea, he inquired, "Are there still 60,000 people now?"

"That's right, yes, at least that was the case before I came out." Li Xuewu smiled and explained, "Our total number should be increasing."

While introducing the history and business situation of the Red Steel Group, he used his hands to gesture the roller coaster track trend.

"We experienced a stage of rapid expansion, and we started industrial and technical upgrading under the condition that the enterprise business situation was very good."

Li Xuewu glanced at the Panasonic executives who followed in and sat down, and continued to introduce, "You might not understand our management system; it is somewhat similar to your company's lifetime employment system, but our benefits are more comprehensive."

"Mm, I have understood it." Yukichi Matsuno nodded slowly and said, "Because your enterprise is collectively owned, right?"

"That's right, that's it." Facing these curious faces, Li Xuewu couldn't help but smile and explain, "It is equivalent to your company's Chairman Matsushita distributing all the shares equally to each of you."

"So that's how it is? ——"

Someone in the meeting room couldn't help but shake their head with emotion, as if they couldn't quite understand the significance of doing this.

"Then how do you handle, or rather, settle those 40,000 people?" Yukichi Matsuno seemed very curious about this part and asked seriously, "You can't use dismissal or expulsion methods, right?"

"Of course not. We carried out proper settlement through resource integration, technical diversion, and other means."

Li Xuewu nodded and emphasized, "In the whole process of industrial and technical upgrading, we haven't abandoned even one employee."

"Truly respectable!" Yukichi Matsuno's attitude was the same as the other executives, nodding to Li Xuewu and his accompanying team to express approval.

He would, of course, believe what Li Xuewu said, because on such an occasion, each of them must be responsible for what they have said.

This is not the fields or the village, where you can chat and brag as you please. If you say one wrong word, that is an irreparable loss.

"This is a necessary process for an enterprise to develop and grow," Li Xuewu said seriously, "Until today, the facts have proven that our choices and decisions were correct."

"Besides main businesses such as metallurgy, steel rolling, machinery, banking, hardware, aircraft, automobiles, electronics, communications, food, medicine, shipbuilding, ports, weapons, chemicals, construction, mining, energy, logistics, aviation, shipping, airports, shopping malls, medical care, education, media, entertainment, property, scientific research, security, cosmetics, real estate, etc., we have formed an investment management company from the very beginning."

After introducing the business scope of the Red Steel Group like reciting a *guankou*, Li Xuewu also showed off in front of them.

"Internationally famous ones, such as the Watsons chain that started in Hong Kong and has spread throughout Southeast Asia, the Australian Iron Ore Group, a new favorite in the Australian iron ore industry, etc., we have all participated in investment and construction."

Yukichi Matsuno was already stunned. His ears were still echoing with Li Xuewu's *guankou*, and his train of thought seemed to be unable to keep up.

If one says it this way, a group of 100,000 people doesn't seem like much anymore. Compressing it to 60,000-plus people means that automation and integration have reached a certain scale.

Good heavens, it has set foot in more than thirty industries, and they are all main businesses, and it has even invested in retail and mining internationally.

Until now, Yukichi Matsuno no longer doubted that Li Xuewu was bragging, because here, the bragged-up cowhide would break as soon as it was pricked.

Don't look at the fact that they are sitting in the meeting room talking, but this is not a clean room. Their intelligence commissioner can quickly find the content Li Xuewu said, organize it, and report it to him.

This era has no internet and no computers, but precisely because of this, top enterprises like Panasonic will build their own intelligence networks.

Only by mastering the information gap can one stand in an invincible position.

"You operate so many industries," Yukichi Matsuno asked curiously again, "How did you complete the industrial and technical upgrading?"

"It didn't just rely on courage and perseverance," Li Xuewu smiled bitterly and introduced in a difficult tone, "It can be said that the whole group made sacrifices."

"I introduced many industries, but one must know that last year our net profit was only more than 8 million, equivalent to 1.17 billion yen."

He shook his head slightly and said with emotion, "It's not even 2% of your net profit."

"This—doesn't seem to be understood this way." Yukichi Matsuno is not a fool, and in an instant, he understood that Li Xuewu was stealing concepts.

Net profit is just an indicator to measure an enterprise's profitability and cannot fully reflect an enterprise's overall value.

He wouldn't say what Panasonic's total value is, because there is no way to fully evaluate it.

But he knows that most of what Panasonic currently possesses are light assets, while in Li Xuewu's introduction, it is exactly the opposite.

The Red Steel Group possesses many heavy assets, all of which can be directly exchanged for cash, and all are relatively value-preserving. How can they be understood by comparison?

"But it also shows our hardship."

Li Xuewu raised his eyebrows and said, "During this period, we carried out cooperation with enterprises in Japan, France, Italy, and East Germany, and completed industrial and technical upgrading through commercial cooperation and technology introduction."

"Nowadays, the Red Steel Group is recovering and expanding," he introduced, "If it is reflected by the number of employees, then starting from last year, our employee entry has been locked on graduates of vocational technical colleges."

"This is correct," Yukichi Matsuno nodded in agreement, "If an enterprise wants to achieve modernization, it must start from personnel management."

"Our workers are also mostly those who have received vocational technical education and are very excellent, which is why Panasonic is achieved today."

Yukichi Matsuno said very honorably, "We have prepared a working lunch. After using it, let's go to the main factory to take a look."

"We have factories all over Japan and the world," he introduced, "The main factory located in Kadoma City only has home appliance assembly and research and development, as well as motor and picture tube factories."

"In Fukushima and Suita in Osaka, there are also our component factories, and others are in Hyogo Prefecture, Aichi Prefecture, etc."

"Where are your overseas factories?"

Li Xuewu asked curiously, "How is the current business situation?"

"We have distribution channels in New York and Chicago, and a television assembly plant in California," Yukichi Matsuno introduced, "We also have television assembly plants in West Germany and the UK."

"Component and small home appliance factories are in Southeast Asia, including Singapore, Malaysia, and Taiwan."

He first invited Li Xuewu and others to eat together, and introduced while walking, "Overall, our industrial layout is still very reasonable. Currently, every factory and channel construction are going very smoothly."

"Your sales are very amazing." Li Xuewu praised, "Building your own channels is a very time-consuming and laborious job."

"Of course, but it is also more efficient and safer."

Yukichi Matsuno smiled and said, "This is the business strategy set by our first President, which has been used until now."

"As long as it is useful, actual combat is better than theory." Li Xuewu also smiled and took a detour to praise the other party.

This is not because he is unscrupulous for technology and has learned to flatter, but mutual respect.

From the moment he entered Panasonic Electric, he didn't feel the kind of slight dislike he had received in the previous two days.

Even at Honda Motor, that Executive Director didn't have any preparation, and it was obvious that he couldn't see where there was any possibility of cooperation.

If it weren't for him bragging, there wouldn't be the following cooperation negotiation.

Today he came to Panasonic Electric, and he still did enough publicity work. People didn't know much about the Red Steel Group, and time was very limited. If he were humble again, people wouldn't give him a chance to meet.

So he had to shock the other party as soon as he came up. He wasn't afraid that the cowhide he bragged would be pricked by the other party; what could be found could only make the other party more shocked.

Yukichi Matsuno said he prepared a working lunch, but the meal was very rich, and it wasn't eating a buffet with a plate, but a normal long table, with service personnel serving them meals.

However, it was still a split-meal system, but in front of everyone, there were a lot of small dishes and bowls of dishes, and the taste was actually better than the banquet eaten that day.

The Japanese also have the habit of not talking while eating or sleeping, and there will be indecent phenomena when talking while eating, so everyone was very conscious.

It was only after eating that they continued to chat.

Li Xuewu even asked about Yukichi Matsuno's personal life, which is very uncommon in the Japanese workplace.

However, considering that the professional cultures of both sides are different, Yukichi Matsuno just regarded it as a social means and chatted with Li Xuewu.

"Do you also have a son and a daughter?"

Li Xuewu seemed very good at this means of drawing closer to each other. He first asked about the other party's family, and when he heard Yukichi Matsuno say he had a son and a daughter, he said very proudly, "I also have a daughter and a son."

"Really!" I don't know what Yukichi Matsuno was surprised about, but the Japanese chat like this. He smiled and said, "That is truly very happy."

"But in our family, the daughter is older and the son is younger." Li Xuewu chatted about family life with the other party during the rest time after eating.

Others finished eating one after another, or sat there listening, or got up and left to go to the bathroom, or went to smoke.

However, the chat at the dining table didn't stop, and the atmosphere became more and more relaxed, even with bursts of laughter.

It wasn't just Li Xuewu and the two of them laughing; there were also executives and accompanying personnel listening to them talk about the naughtiness of their children, and they were also laughing.

Both sides were meeting for the first time, and Yukichi Matsuno also felt very magical. Suddenly, he felt that the Mr. Li in front of him was very friendly and sincere.

It is best to rest for a while after eating, and do not do strenuous exercise, including climbing stairs and walking long distances.

No need to rest for a long time, even if it is ten minutes, it is fine.

Li Xuewu and Yukichi Matsuno also only chatted for about ten minutes, and then left the restaurant under the reminder of the secretaries.

Yukichi Matsuno very politely indicated the prepared meeting room, invited them to take a nap, and told the secretary to arrange the following time well.

Li Xuewu first thanked him, and then very politely told the other party what to see and what to talk about when they met in the afternoon.

Seeing this, Yukichi Matsuno listened very seriously and promised seriously.

Sincere, frank, serious in work, honest and trustworthy—these words jumped through Yukichi Matsuno's mind, making him look forward to the meeting in the afternoon.

Li Xuewu certainly understands the measure and knows how to advance and retreat. He needs the time for a nap, and the other party also needs time to further understand them and understand the Red Steel Group.

Perhaps from the moment they got off the plane, Sanhe Corporation had already reported the specific situation of the Red Steel Group to the Ministry of International Trade and Industry.

And if Panasonic wants to understand the Red Steel Group, it only needs to contact the Ministry of International Trade and Industry.

If it can further judge that what Li Xuewu said is all true, then the basis for cooperation between the two sides, which is trust, is established.

Is this all deliberately arranged by Li Xuewu?

Of course it is. Negotiation or meeting is a carefully arranged and prepared stage, and he is just an actor on the stage.

One must know that today's meeting is very likely to involve millions of investments and cooperation, and even relate to the future and development of the Red Steel Group. Isn't this worth his advance layout and clever design?

If one comes to hit the big luck, it would be better to let Old Li brag. If it comes to hitting the big luck, who the hell can compare to Old Li?

The nap time was precisely controlled at 30 minutes. As soon as the time was up, Li Xuewu was woken up by Liu Bin, reminding him that Yukichi Matsuno was already waiting for him.

One has to say, the conditions of the meeting room prepared by the other party are really good, and he also slept a nap very at ease.

Don't say that he usually takes a nap at work; when he is watched at all times like this, he needs to be able to sleep even more.

His snoring sound reached outside the door, and it must have reached the ears of some people, so the meaning expressed is different.

Being able to sleep and sleeping well shows that he came with sincerity and confidence, and the Panasonic side should also express something next.

Another thing, half an hour is enough for Yukichi Matsuno to learn more about the Red Steel Group and report and communicate with the above.

"Sorry, I have to wash my face." Seeing Yukichi Matsuno coming over, Li Xuewu smiled and indicated the bathroom, explaining casually, "I drank wine at Mr. Kenzo Matsumura's house last night, and it was already midnight when I returned to the hotel."

"Is that so? Mr. Kenzo Matsumura is also a senior I worship."

Yukichi Matsuno smiled and said, "It seems I also have to prepare a banquet to receive you and your colleagues, otherwise it would truly be impolite."

Li Xuewu dared to bet that who was at the Matsumura family banquet last night and what he said, Yukichi Matsuno must have already known.

Now it's just pretending to be stupid, otherwise he wouldn't talk about arranging a banquet.

The confidence and calmness Li Xuewu inadvertently revealed, under the careful observation of the other party, was a sincere and positive signal.

He came out of the bathroom, his spirit was reinvigorated, and his eyes were much brighter than when he was just seen by Yukichi Matsuno.

This can be seen that he really fell asleep.

"Anything is fine, just don't arrange sashimi."

Li Xuewu explained with a bitter smile, "Last night Miss Matsumura also doubted my taste, but I really can't eat this."

"Hahaha—" Seeing his expression, Yukichi Matsuno couldn't help laughing, "Of course, but this is a pity."

Look, he must have known the content of last night's conversation, otherwise he wouldn't have used the keyword "pity."

"Actually, it's not that we must eat sashimi," Yukichi Matsuno explained with a smile, "I myself like to eat it very much, because it is very expensive."

"Only when receiving guests, if the guests are curious, will we arrange it this way. It is also a kind of etiquette."

"It's better to be direct," Li Xuewu said with a double entendre, "Between us, we shouldn't need sashimi to draw closer the relationship, right?"

"Hahaha!" Yukichi Matsuno smiled, raised his hand, indicated outside the door, and invited him to set off together.

Panasonic's headquarters is in Kadoma City, moved in 1933, and is regarded as the birthplace.

Here are their headquarters building, central research institute, general management office, and surrounding connected factory areas, which have already formed the Kadoma Industrial City.

If the Red Steel Group didn't have the decision to lay out Liaodong and move light and heavy industries to Steel City, it would be a bit like Panasonic now.

Think about it, the Liangma River Industrial Zone is already big enough, but it still can't hold all the industries of the Red Steel Group.

Yukichi Matsuno introduced to Li Xuewu in the car that almost all the buildings he could see in front of him were Panasonic's. Including the land.

Why else would one say Li Xuewu is crossing the river by touching Japanese enterprises? This is the same as the Red Steel Group's industrial expansion model.

Whether it is building a new factory or forming a branch company, Li Xuewu insists on industrial self-holding, even if it is an auto service shop developed in the Jiangnan area.

Real estate must be his own. If it can't be coordinated, he must buy it. If it really can't be sold, he will find a way to change places and find a place that can be sold to buy.

Panasonic is like this. The land ownership brings not only confidence, but also the steadiness of never being driven away.

"Our production model is automated mass production, plus vertical integration, and quality first."

In the final assembly factory, Yukichi Matsuno accompanied Li Xuewu to watch the television production line, and he introduced, "We insist on full-link self-research and self-production. For example, core components such as motors, compressors, picture tubes, PCB, are absolutely 100% self-made."

"Only a small amount of standard parts are purchased from outside, in order to control costs and unify quality."

"Can you introduce standardization and quality control?"

Li Xuewu stood on the top floor of the production workshop, with the assembly line under his feet, looking down very intuitively.

"Our production process is highly automated," Yukichi Matsuno nodded and introduced, "The year before last, we self-researched the Panasert automatic insertion machine, and this year we have fully introduced the electronic production line."

"The home appliance assembly line you see, as well as other factory areas, we have all achieved a combination of semi-automation and assembly lines, and the efficiency is leading globally."

He stood in the center of the workshop and indicated left and right to introduce to Li Xuewu, "Quality control is what we care about most, and it is also the core content."

"We adhere to the principle of 'not manufacturing defects, not letting defects flow out,' relying on all-staff quality inspection."

Yukichi Matsuno pointed to a workstation under his feet and indicated to Li Xuewu, "The next process is the 'customer' of the previous process. Our quality control model allows the product defect rate to be controlled almost at zero."

Truly crazy enough—

Even in later generations, what enterprises can achieve this?

One workstation supervises the previous workstation, and if a problem occurs, it is directly stopped. One must know that as long as it is a person, as long as it is a collective, an emotional society will appear.

Stopping or dealing with a defective product, isn't that equal to hitting the face of the relationship?

However, in Panasonic's production workshop, this kind of human relationship does not exist. It uses reward and punishment means to eliminate this relationship that is regarded as human nature.

Just say, is this kind of means and management crazy enough?

The Red Steel Group's quality control is still the quality inspector system, checking once when it goes offline, once when it enters the warehouse, and once when it leaves the warehouse.

One must know that the Red Steel Group's three-inspection system is already considered very serious in the country. Li Xuewu has recorded Panasonic's model and is preparing to learn it, but it is definitely a big project in management.

First, it is to solve the loyalty of employees to the enterprise, which is far greater than the trust and support for friends.

Second, it is the recognition degree of the reward and punishment system, to let employees have the courage to face this kind of mistake.

Yukichi Matsuno also introduced Panasonic's employee management system, which is the lifetime employment, seniority sequence, and all-staff participation that Li Xuewu understands.

Everyone knows lifetime employment, which is not laying off employees easily. According to Yukichi Matsuno's explanation, it is replacing it with salary reduction even in economic troughs.

He introduced that Panasonic's employee turnover rate is less than ===== CHAPTER 1691 =====