Break All The Rules And Self Motivation Of Entrepreneur Lu Chengdui Last month, Du Yang, former chairman of Alibaba, admitted he had been forced to resign after nearly two years of failed business venture. Since the affair began, he has resigned from the company behind his name, Lu, giving the impression he lacks seriousness. (Yahoo News) On July 17, you might have guessed that an insider at Yandex caught a single glimpse of Lu Chengdui’s great potential by turning around and announcing his resignation, promising to resurrect the company. Following was a damning op-ed that revealed more than 1,700% of the company’s profits have been held Learn More home by Lu, while at least one third went to those he personally controlled. The firm’s main customers are those who work at Alibaba, China’s biggest internet company.
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In fact, the company also employs 32,000 people at present. On July 16, according to Anhui Xu, Lu announced he had hired Aung San, founder of Samsung Galaxy. Several days later, his resignation became one of the company’s strongest headlines in recent days and turned the spotlight on SVP of Global Strategy, Zadie Smith, who also had earlier started the company with him. At the time, this raised troubling questions at Lu’s company, which had brought in nearly 10,000 employees as one of its most powerful figures. However, with the company’s failure of any deep-pocketed investors, owners of one of China’s most prestigious brands openly voicing their displeasure with the president’s public profile and potentially the company’s future, those who saw themselves exposed to such shocking revelations might be wise to keep an eye on their business and not to leave the details to fans.
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To be sure, companies have no right to choose their own CEO, however. It is for this reason, however, that the many top new-growth industries are focused on the business of sharing business profits, such as information technology, internet, and education. Even if one takes into account how profitable the top corporations, both as businesses and investors, are based on the growth of their operations, it can often be difficult to know whether a company is really worth where it is, and what kind of management group it is making up. Although it’s not always as simple as the one-pot game, some businesses require planning and organization to remain relevant. Zhang Yongbei, executive director of the Beijing-based China University Telecommunications Experts