Zheng Yutong s family succession has changedCheng Kar chun said that there was no suitable candidate

Mondo Sports Updated on 2024-01-30

Zheng YutongFamilyYesHong KongThe four richest peopleFamilyOne of its members involves a number of listed companies and has a large business empire. However, withZheng YutongHe passed away in 2016FamilyThe issue becomes the focus of public attention. The traditional model of inheritance from son to father is no longer applicableZheng YutongThe eldest sonCheng Kar-chunsaid that at present, no suitable candidate has been found, and the possibility of considering foreign aid is not ruled out.

Zheng YutongThe grandson of Zheng Zhigang has always been regarded asFamily** people, he founded the K11 development project to thrive,New WorldDevelopment andChow Tai FookJewelryand other companies have also achieved good results. However, inCheng Kar-chunIt seems that Zheng Zhigang's ability may not be mature enough, so he is still looking for a more suitable successor.

Despite ZhengFamilyQuite a few of the members of the third generation have served in the company and have shown outstanding abilities, butCheng Kar-chunThey believe that there is a gap between them and their parents. Therefore,Cheng Kar-chunThe requirements for ** people are more demanding, and they begin to consider hiring an external person to take overFamilyPossibilities for businesses.

Zheng YutongThe business began with:Zheng Yutongwas founded by his father-in-law, Zhou ZhiyuanChow Tai FookJewelryShop. Zheng YutongAfter taking over the store, it continued to carry forward and prosperChow Tai FookBecome famous in ChinaJewelryBrand. Since then,Zheng YutongActively involved in real estate investment, and in 1972 willNew WorldDeveloped and listed, becoming one of the five tigers of Chinese-funded real estate. 80s,Zheng YutongWith excellent business acumen and Li Ka-shing,Lee Shau Kee, Guo Desheng and othersHong KongThe four richest people

Zheng YutongThey have two sons and three daughters. Cheng Kar-chunIn the early yearsFamilyplays an important role in the enterprise, beenZheng YutongRegarded as a right-hand man. However,Cheng Kar-chunInexperienced at the time of **, it soon left the business in debt and forcedZheng YutongHad to make a comeback and realign the company. This experience can lead to:Cheng Kar-chunThe selection of ** candidates is more cautious, and higher requirements are put forward for their ability level.

In today's business environment, many tycoonsFamilyThey have already begun to choose to hire professional managers to take overFamilyEnterprise. Nan Fung GroupwillFamilyEnterprises are handed overLiang JinsongBeautifulThe management of the company is also entrusted to external parties. This trend suggests that the traditional notion of succession from son to father is fading, and people are beginning to realize that the succession of a company is not necessarily the best option. More and more children are also having their own ambitions for independence, especially in the field of the Internet.

Bill Gates andJack MaWhen the entrepreneur retires, he does not hand over the company to his children, but chooses to be taken over by a colleague. This also illustratesFamilyThe concept of the company is getting weaker and weaker, delegating powerShareholdersIt can lead to better development. toBeautifulThe Group, for example, has made great strides in the past decade since the decentralization of the company. So, forFamilyFor businesses, delegating power at the right time can sometimes bring unexpected benefits.

Zheng YutongFamily** The issue is of great concernCheng Kar-chunHe said that he has not yet found a suitable successor and may consider hiring an external person to take overFamilyEnterprise. The traditional concept of the son inheriting the father's business was gradually broken, and many wealthy peopleFamilySelect a Professional Manager**. FamilyThe concept of the company is also weakening day by day, and the emphasis is being placedShareholdersThe interests of investors are more important. For how to achieve long-term enterprise development, we should focus on strength and ability, rather than relying only on itBlood relationship。In the wave of commerce,FamilyEnterprises must adapt to the trend of the times and inject new blood into the sustainable development and innovation of enterprises.

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