Professional manager of accumulated wealth which end of the path?

Editor's Note: professional manager wealth advanced road?

When thinking about the problem and not feel guilty is the glory of our time. Professional managers not content with simply obtain labour prices, does not constitute their ethical challenges in human capital is as important as and venture into the business of elements of value category, human capital and the desire to have a certain interprises claim nothing wrong, they have reason to desire more wealth.

When the young Chinese Professional Manager attempts to answer this question, they will naturally looked first at the side of the "boss", which rely on capital controls the distribution of profits or organization, these wealth chasing games of the biggest winners. Obviously, on the professional manager of wealth advanced path, not just professional managers of their responsibility. The perfect answer to this question, will be more wealth, the bosses of wealth, social wealth.

Over the years, the Chinese enterprises and professional manager has turned the four mature path — the MBO, access to private enterprise, entrepreneurship and do VC.

1 MBO: billionaire "maker"

Kuo by professional managers make up digital China largest shareholder.

Last August, digital bulletin that race rich fund joint Kuo, a wholly-owned foreign company KIL, respectively purchase Lenovo holdings and fund shareholders GA in digital China holds 29.60% and 13.34% co., Kuo will hold a digital 10.29% share, become the third largest shareholder.

In the related departments are very strict, the industry's largest Executive stock ownership plan (MBO) exceptionally compelling.

"Now the MBO basic stagnating. "Capital market participants Wang JI Zhou on journalists so that a few years ago the impulses of manpower has been put aside, MBO but still have a lot of State-owned enterprise professional manager for MBO and complete their wealth advanced, such as wells square, Yutong Bus, etc.

"I'm afraid most of the State-owned enterprises is the trend of the MBO. "Beijing Sien management consultancy President Jiangruxiang on so that the long term, Chairman of the Board of management of State-owned enterprises and the chiefs had no relationship with assets, which in itself is not a nice thing," if not MBO, enterprises greater likelihood of death. "You can imagine, if its MBO, ten years ago would have more business from the competition.

However, the loss of national assets, let the MBO face enormous social pressure. An industry insiders on 10, usually of MBO will adopt this approach, for example to enterprise pricing, 10 million, with 200 employees, employees need $ per person, the high authority simply subtract 600 RMB 1000 Yuan, paid $ 4 million to the State, if there are 100 million tax, only need pay $ 3 million. "In this process, there is no third-party. "Jiangruxiang on, but there are too many opportunities for reduction of State-owned asset valuation, unfair trade, this is also the widespread criticism of MBO biggest reasons.

In a strong public opinion and State-owned enterprises make a choice between activity is a difficult task.

"Now the policy of great uncertainty. "One of devotes to executives MBO funding of CEOs like on that seems to be because this kind of" business "needs more covert environment, he is not willing to open their own identity, but he said:" MBO do need to pay more attention to the question of fairness. ”

Industry analysis, digital China the MBO can be granted to a large extent due to better solve the problem, rich investment fund and Kuo-owned KIL takeovers by equity when Lenovo's price 3.5 billion, a decrease of digital 1 August before the closing price of suspension 3.6 2.78% discount.

And MBO standstill, executives incentive State policy support and red fire exception. "Related policies, as there is already an 83 public company executives incentive. "Wing, in consultation with the Chairman of the Board, Cheng Pui-sensitive on this newspaper reporters, eager or more" now "is listed on the crowds," this attitude is radical. "Another Advisory industry so high on represent.

Currently, the corporate executives incentive can be roughly divided into two, stock options and restricted stock. "In practice, restricted stock can be divided into two kinds: the discount type and performance awards. "Zheng min on 10 July.

"Executives incentive should not go beyond the ability of entrepreneurs. "Safe securities analyst Chen mirror pool on reporter, exceeds the capacity of outside executives incentive just" take stock "; handful of listed companies in the implementation of restrictive stock incentive grant price too low when, in the performance of the" threshold "setting is too low.