Article produced by Radar Finance | Edited by Meng Shuai | Deep Sea
After removing Sun Dongxu as CEO and successfully retaining Dong Yuhui, Yu Minhong finally pulled Dongfang Selection back from the edge of the cliff.
In order to further prove to the outside world that they had not treated Dong Yuhui badly, Yu Minhong and his affiliated companies successively announced to the outside world that Dong Yuhui had become a senior partner of Oriental Selection, and appointed Dong Yuhui as the cultural assistant to the chairman of New Oriental Education Technology Group and concurrently as the vice president of New Oriental Culture and Tourism Group. information. After a series of "remedial" measures, Oriental Selection seems to have gradually returned to the right track. Not only did the number of fans stop falling and rebound, but the company's stock price also "soared" on December 18.
Radar Finance found that the "little essay" scandal of Oriental Screening not only caused a lot of trouble for the company, but also attracted a lot of attention and discussion from the outside world. Among them, Luo Yonghao seems to have become the most involved public figure among the "outsiders". In addition to talking about related topics during the live broadcast, Luo Yonghao's Weibo account, which was originally established for the purpose of refuting rumors and clarifying the truth for the old and new companies when he announced his withdrawal from the Internet, currently has more than half of the content related to the Oriental Screening and Dong Yuhui incident.
As relevant topics were mentioned again and again, Luo Yonghao's words became more and more sharp. By comparing Qianxun, Xinxuan, Xiaoyang Ge, Mei ONE and other leading domestic live broadcasting agencies, Luo Yonghao even commented that "Oriental Selection may be the most unfair, ridiculous, and unfair thing I have ever seen since the birth of live streaming e-commerce in China. The most phenomenal company that bullies and exploits young people."
As for the outcome of Dong Yuhui's "promotion and salary increase", Luo Yonghao further commented that this was a staged victory for those who supported Dong Yuhui. It was not easy for the "Iron Rooster". The changes in this era taught him a lesson. "Iron Rooster" made a huge concession. Yu Minhong publicly responded to the title of "Iron Rooster" during the live broadcast: Yu Hui should not think that I am a stingy person.
"It's true to be angry, and it's true to be reasonable. You can't ignore what I say just because you think I'm venting your anger; nor can I pretend that I'm not angry because I'm reasonable. I didn't mean to bombard you. 'What, I just want to suppress my emotions and talk about the truth,' Luo Yonghao said about his recent remarks.
The "qi" in Luo Yonghao's mouth may refer to his previous unpleasant experience at New Oriental. From 2001 to 2006, Luo Yonghao worked as a teacher at New Oriental. With his humorous teaching style, Luo Yonghao has gradually become a gold medal celebrity teacher on the Internet.
According to Luo Yonghao, he was actually preparing to start a business in the later stage, but some comments from the company accelerated his departure. Regarding this statement, Luo Yonghao also explained that because he did not want to see what Dong Yuhui suffered, he hoped to do something within his power. "After all, I also encountered similar fellow students."
However, Luo Yonghao, who claims to be Dong Yuhui’s repeated voice for fair and equitable treatment, has also been questioned by the outside world. "Brother, it's almost done. You and your wife have reconciled as before and are living a good life, so stop yelling." At noon on December 18, Zhang Xuefeng, who had been on the hot search for many times this year, was suspected of shouting to Luo Yonghao.
successfully retained Dong Yuhui, and Yu Minhong calmed down the controversy.
The "little essay" controversy that caused a lot of noise in Oriental Selection finally stopped the situation from deteriorating further after the live broadcast of Yu Minhong and Dong Yuhui.
In this live broadcast, Yu Minhong said that Dong Yuhui has always had a say in the company, and his treatment includes equity. Yu Minhong also emphasized that whatever Dong Yuhui wants to do, as long as it is reasonable and reasonable, he will mobilize resources to achieve it, and he can communicate with Dong Yuhui anytime and anywhere.
So far, the latest development of this incident is that Dong Yuhui finally chose to stay at Oriental Screening. After Dong Yuhui experienced this turmoil, the number of fans on his Douyin account has soared to more than 20 million, which not only greatly exceeds the number of fans of his boss Yu Minhong, but also further narrows the gap between the number of fans on his Douyin account and the main account of Oriental Selection.
What comforts Dong Yuhui's "mother-in-laws" even more is the change in Dong Yuhui's title.According to the live broadcast preview released by Oriental Selection on the evening of December 17, Yu Minhong and Dong Yuhui will perform their first live broadcast after the combined response at 8 pm on December 18. In this event poster, Dong Yuhui’s identity has become the “Senior Partner of Oriental Selection”.
At that time, Luo Yonghao, who was live broadcasting, learned of the news and said that it was all false. If a listed company has a large enough share grant, it will theoretically make an announcement, so you only need to be concerned about this. The senior partner is not important, the industrial and commercial department does not care, these are not important, the most important thing is how much is given.
Perhaps in order to dispel the doubts of the outside world, Yu Minhong further showed his sincerity to the outside world. On December 18, Yu Minhong released a notice on Dong Yuhui’s appointment from New Oriental Education Technology (Group) Co., Ltd. on Douyin, with the text: “Congratulations to Yu Hui, who will be with you through thick and thin!” The
notice said: After research and decision by the group’s board of directors, Dong Yuhui has been appointed. He is the cultural assistant to the chairman of New Oriental Education Technology Group and concurrently serves as the vice president of New Oriental Culture and Tourism Group. This notice will take effect from the date of issuance of the document.
Sun Dongxu, who was previously revealed by the media to be one of the protagonists of Yu Minhong's dilemma of choosing between two options, was removed from his position as executive director and CEO by Oriental Selection on December 16. However, this does not mean that Sun Dongxu is completely "out".
According to the announcement released by Oriental Selection on the Hong Kong Stock Exchange on December 17, Sun Dongxu is still listed as a non-executive director on the list of board members attached to the announcement. This is also the same as what Yu Minhong said in the live broadcast on the evening of December 16, that is, although Sun Dongxu has been removed from the CEO position, he will still stay in Oriental Selection and engage in related management work.
Oriental Selection stated that in view of the recent public opinion turmoil, Sun Dongxu’s change of position reflects his recent poor management of the company’s brand and reputation; the board of directors believes that Sun Dongxu’s withdrawal from these positions will be able to better safeguard the interests of the company’s shareholders, thereby making his experience more Rich directors take over the day-to-day management of the company. Sun Dongxu confirmed that as of the date of this announcement, he has no differences of opinion with the board of directors and has not made any claims against the company.
The candidate to succeed Sun Dongxu as CEO of Oriental Selection is Yu Minhong himself. Oriental Selection announced in the announcement that the board of directors has appointed Yu Minhong as the company's new chief executive, effective immediately. In addition, Yu Minhong will continue to serve as chairman of the board of directors and will be transferred to the company's executive director.
According to Oriental Selection, in addition to having rich business decision-making and management experience, Yu Minhong has always been a well-known public figure in China and has become the spokesperson of the group. At the same time, Yu Minhong has a deep understanding of agricultural products and live broadcasting. With Yu Minhong serving as both Chairman of the Board and Chief Executive Officer, not only can the company continue to develop under the strategic guidance and leadership of Yu Minhong as Chairman of the Board, but also the management will be able to efficiently implement the vision of sustainable development under Yu Minhong's decision-making leadership. The
board of directors believes that this dual role is beneficial to the company and its shareholders. The board of directors is pleased to have the opportunity for Yu Minhong to participate more in the decision-making and daily management of the company's business operations, and looks forward to working more closely with Yu Minhong in the company's future decision-making direction.
Radar Finance noticed that Yu Minhong intervened in the matter in a timely manner, especially his successful move to retain Dong Yuhui in the company, which saved Dongfang Selection from an unprecedented crisis. After Yu Minhong and Dong Yuhui joined forces for a live broadcast on December 16, the number of fans of Oriental Selection stopped falling and rebounded. Other data shows that due to this incident, Dongfang Selection, Dong Yuhui, and Yu Minhong have gained a total of nearly 7 million followers, and this number is still rising.
After the news of Dong Yuhui’s promotion to senior partner was released, Oriental Selection’s share price also experienced a sharp rise at the opening of trading on December 18. As of the close of trading on December 18, Oriental Selection's share price rose 21.9% from the previous trading day.
In response to the recent high-surge of "little essays", Yin Qiang, CFO of Oriental Screening, posted on WeChat Moments on December 16 that New Oriental's stories will always have a happy ending, and the night is long enough for people to feel the light of dawn. It was so bright that it worried everyone.
"Outsiders" join in the fun, Luo Yonghao is the most "active"
As Oriental Selection is involved in an unprecedented crisis, there are also many "outsiders" involved.For example, when talking about the topic of poaching Dong Yuhui, CEO Chen Xiangdong of Gaotu Jiapin, which has ushered in great wealth, said, "Dong Yuhui is not for poaching, but for love."
"Crazy Little Brother Yang" who has over 100 million fans on Douyin, when talking about whether he would poach Dong Yuhui to work at Three Sheep, said frankly, "How is it possible? Don't talk about poaching, which company wouldn't want it? It's really Talents among talents, no matter who doesn’t like them, they are examples for us to learn from.”
In addition to the people mentioned above, Luo Yonghao may be the public who mentioned Dongfang Selection most frequently during the “little essay” scandal. One of the characters. According to incomplete statistics from Radar Finance, as of press time, Luo Yonghao's homepage has posted more than 30 Weibo posts, of which more than half are related to the Dongfang Selection turmoil and Yu Minhong and Dong Yuhui.
While the number of Oriental Screening fans and the company's stock price were plummeting, Luo Yonghao "supported" Dong Yuhui through his Weibo account "Luo Yonghao's Rumor Refuting Account" on December 15. Luo Yonghao said that at the precious moment when personal accumulation and the opportunities of the times coincide with the burst of huge energy, there is really no need to waste your life working part-time. If Dong Yuhui wanted to start a business, he would be willing to set up a game with some investment and business friends to support him in starting a business smoothly. Luo Yonghao also emphasized that he is not pursuing any benefits in return in this matter. After
, Luo Yonghao continued to interact with netizens on Weibo. Luo Yonghao commented, "Teacher Yu is indeed very good to the people below, but there are some grandsons in the management... It's hard to describe in one sentence, in short, each has his own not easy".
As he became more and more involved in the topic discussion of this storm, Luo Yonghao’s speech became more and more sharp: For “gifted friends” in private enterprises, you really should not mention “gratitude” easily. This is all The evil ideas that some entrepreneurs shamelessly instill into workers. When private enterprises promote outstanding employees, it is obviously a win-win situation for both the enterprise and the employees. Onlookers felt that the employees should be grateful because they were idiots who deserved to be enslaved for the rest of their lives; "Other than being dirty and vulgar, I don't know how else to describe such a villain, alas"...
As for Dong Yuhui, the broadcast was suspended for several days. Luo Yonghao was also full of energy in the key live broadcast with Yu Minhong responding to the storm, "After watching it for a while, I felt that the impression was very poor and it was another stupid move. I corrected the mistake, negotiated the terms, and let Xiao Dong come back to broadcast as if nothing had happened. , never mentioning it again is the best and most reasonable arrangement."
Even in this live broadcast, Luo Yonghao also commented on Yu Minhong's performance, "In fact, he feels guilty and does not have the heart to speak out completely and honestly, then Why do you have to show up at this juncture? The words are stammering, meaty, talking in circles, and there are no specific promises. The shooting was given to a panoramic view, so the restless body language movements on the feet are undoubtedly exposed. The audience is not a fool. Faced with this mess, Sober barrage, what else are you talking about? It’s embarrassing to force the poor young man to speak..."
Compared with the initial relaxation of the situation, Luo Yonghao seems to have become less "polite" towards Yu Minhong than before. "If the 'editor' is really an editor, a slightly sane CEO, after he knows this, the comment content must be deleted within 5 minutes, and the writing team must be fired immediately," Luo Yonghao quoted a blogger. The aforementioned guess added, "Yes, including a slightly sober chairman."
When sitting in the Make a Friend live broadcast room recently, Luo Yonghao also bluntly mentioned related topics many times during the live broadcast. Even during the live broadcast on December 17, I made a friend and posted a video to attract traffic to the live broadcast, "Live broadcast! Teacher Luo talks about Dong Yuhui for the last time! And the choices that are happening."
"Oriental Selection may be a live broadcast After the birth of e-commerce in China, I have seen the most unfair, ridiculous, and the most bullying and squeezing of young people by a phenomenon-level company, and it is unique in its extent. And it is very likely that this phenomenon will continue because of Xiao Dong’s character problems. Keep going." Luo Yonghao even made this evaluation of Oriental Selection.
In order to add stronger support to his remarks, Luo Yonghao compared several leading live broadcast agencies of the same type on the market.Luo Yonghao said that Qianxun, Xinxuan and Xiao Yang are all family businesses, and their interests are all within their own family. There is nothing to say about this.
The founder of Mei ONE is not Li Jiaqi. Li Jiaqi originally only had a small share of the company, but after it became successful, he became a major shareholder (even if he was not the single largest shareholder). Luo Yonghao emphasized that media reports show that Li Jiaqi will take most of the benefits in the company. "This is not the kindness of the boss of Mei ONE, but a fair distribution of market value."
Luo Yonghao said bluntly that it was understandable that Dongfang Selection wanted to go to Donghua, but there was no fair and just return for Dong Yuhui’s contribution during the process, and his interests were not guaranteed at all. According to the objective facts and rules that live broadcast e-commerce is highly concentrated, it is relatively fair for Dong Yuhui to take at least half of the revenue from Oriental Selection. If Dongfang Selection is not convinced, you can do an AB comparison test for a period of time to see the actual conversion data.
After Yu Minhong and Dong Yuhui combined for a live broadcast to help calm down the storm in Oriental Selection, Luo Yonghao once again talked about topics related to Dong Yuhui in the live broadcast room on the evening of December 17. Regarding Dong Yuhui's salary, Luo Yonghao specifically mentioned in the live broadcast room that he learned from two credible sources that the accurate news they knew was that Dong Yuhui had been given a sky-high price by Oriental Selection. "I don't know the specific number, but it is definitely worth it." Sky-high price."
Luo Yonghao further commented that this was a staged victory for those who supported Dong Yuhui. It was not easy for the "Iron Rooster". The changes in this era taught him a lesson, and the "Iron Rooster" made a huge concession.
Luo Yonghao also commented on Dong Yuhui's statement that "a scholar dies for a confidant", "That is because Xiao Dong did not read thoroughly and was misled by the remnants of feudal thinking. A scholar dies for a confidant, and friends go in both directions. It's healthier. If it's between a boss and an employee... then tell me first which boss is willing to die for his confidant employee."
Some netizens further asked, what if the sky-high price promise to Dong Yuhui is not fulfilled? Luo Yonghao said that if it was a sky-high price, he would find out. If it weren't for the sky-high price or if the promise was not fulfilled, I hope this wouldn't happen. "I guess I wouldn't dare. He is tough on one hand and timid on the other."
"In their generation, the entrepreneurs born in the 60s and 50s, the 'Iron Rooster' is actually okay, but it is still far from bad." Luo Yonghao said that if the promise is not fulfilled, "I will do whatever I do next time." What, as long as it’s legal, don’t persuade me.”
The past "grievances" between Luo Yonghao and New Oriental
Oriental Selection's "little essay" controversy has intensified and attracted the attention of the entire network. Luo Yonghao's successive actions of "bombarding" his old club once made people wonder "why Luo Yonghao has been holding on to Oriental Selection?" The topic became a trending topic on Weibo.
However, soon after the topic became fermented, Luo Yonghao himself responded in person in the live broadcast room. Luo Yonghao said that this topic has a strong insidious purpose of guidance. Therefore, he suggested that netizens comment for him under relevant hot searches, "Luo Yonghao wants to help Xiao Dong fight for fairer and more equitable treatment", or "Why Oriental Selection is not willing to give Dong Yuhui the treatment he deserves". Luo Yonghao also emphasized that you must not scold New Oriental, Yu Minhong, or Xiao Sun (Sun Dongxu), but you must actively and positively convey positive energy and truth.
It is worth mentioning that as of 10:30 on December 18, 1,529 people had participated in the voting initiated by Jimu News on how they viewed Luo Yonghao’s bombardment of Dongfang Selection. Among them, 818 people thought that Luo Yonghao's "analysis was reasonable and pointed out the problem directly", 558 people thought that "it feels like he is trying to gain popularity", and 118 people thought that "this is difficult to comment on".
Regarding the topic "Luo Yonghao bombarded Dongfang Selection" that caused heated discussion in the outside world, Luo Yonghao mentioned on Weibo, "After quitting social networks for a year and a half, he couldn't help but speak out again because of his righteous indignation. He also knew about this disgusting hot search title. It will definitely appear. But when I really saw it, the familiar feeling of exhaustion and nausea came back."
Luo Yonghao also said, "Tonight I will compile what I have written in the past few days into a clear article and publish it. After coming out, I don’t want to mention this dirty thing again from next week.Well, apart from possibly being forced to refute the rumors, I probably won’t want to say anything more in the next few years. "
But some netizens left a message, "If my 'son-in-law' is wronged again, I will come to Teacher Luo to complain. Will Teacher Luo still take care of it? In response, Luo Yonghao responded that if these things still happened, he would not say anything anymore, because everything he could say has been said. "If there is a new bad situation and you need me, just say one word and I will definitely help you." stand out. "
The reason why the outside world is very interested in the entanglement between Luo Yonghao and Dongfang Selection may also be related to Luo Yonghao's experience of working at New Oriental. Radar Finance learned that when he founded Smartisan Technology and became the head anchor of Douyin, he staged a "truth" Before "It is also rumored", Luo Yonghao had a relationship with New Oriental, the parent company of Oriental Selection.
The relationship between Luo Yonghao and New Oriental can be traced back to December 2000. According to media reports, at that time, in order to join New Oriental, Luo Yonghao gave Yu Minhong, then the principal of Beijing New Oriental School, wrote a cover letter.
However, Luo Yonghao’s story of joining New Oriental was not very smooth at first. After two failed trial lectures, Yu Minhong gave Luo Yonghao a third trial lecture opportunity. This Once, Luo Yonghao successfully seized the opportunity and finally officially became a teacher at Beijing New Oriental School in 2001. After
joined Beijing New Oriental School, Luo Yonghao's talent in talk shows has now been revealed. With his humorous teaching style and high degree of With his idealistic temperament, Luo Yonghao was welcomed by many students.
Luo Yonghao’s lectures in class were even filmed and uploaded to the school website by many students. Around 2003, these video clips further spread on the Internet. .Despite the poor sound quality, Luo Yonghao became popular on the Internet with his "Lao Luo Quotations" and became New Oriental's gold medal lecturer.
However, Luo Yonghao's fate with New Oriental came to an end in 2006. After Luo Yonghao "ran away" from New Oriental, This led to a series of entrepreneurial stories such as Niubo.com, Luo Yonghao English Training School, Smartisan Technology, and Make a Friend Now.
After Luo Yonghao encountered the entrepreneurial failure of Smartisan Technology, he once carried a sky-high price of hundreds of millions. Debt. In order to pay off the debt, Luo Yonghao entered the live streaming industry when Douyin's live streaming was still in its infancy, and Luo Yonghao relied on his eloquence to once again prove to the outside world his strength in live streaming.
In a recent live broadcast, Luo Yonghao once again mentioned his experience in New Oriental and told the outside world why he left New Oriental. Luo Yonghao recalled that when he was in New Oriental, he could be called "famous all over the world" ". But one day when he was having dinner with his old colleagues, a buddy told him with a smile that the management had a meeting in the afternoon. Someone said at the meeting that Luo Yonghao criticized the organization every day and followed him during class. The students commented. Based on the above situation, it was recommended to expel Luo Yonghao.
At that time, while everyone was talking about it, one person said, "Do you know that Luo Yonghao objectively brings tens of millions of free fees to our training school every year?" advertising effect? "So everyone laughed and said, let's keep Luo Yonghao.
Luo Yonghao revealed that what made him uncomfortable was that during that time, he was actually preparing for the next step of starting a business, but such a thing spread to him After hearing the news, he had no choice but to stay. So, Luo Yonghao sent a message to his direct boss at the time, saying that he had originally planned to leave, but now he had to leave early. But his boss replied to Luo Yonghao, "You can't just give up and leave." In the end After Luo Yonghao finished teaching the agreed class, he communicated with the other party a date of resignation and left New Oriental.
At first, Luo Yonghao first founded Niubo.com. In June 2008, Luo Yonghao founded Lao Luo and His Friends Educational Technology ( Beijing) Co., Ltd. In July of the same year, Luo Yonghao English Training School opened in Beijing. However, Tianyancha showed that the company had been canceled in March 2017.
Luo Yonghao said frankly that many people were saddened by the "little composition" controversy because they loved Dong Yuhui. In addition, he himself also brought in some unpleasant feelings from his youth, and these unpleasant feelings must have To a certain extent, it is inextricably related to this organization (New Oriental), so it is indeed difficult for me to calm down.
Radar Finance found that before the topic of "Luo Yonghao bombarded Dongfang Selection" was fermented, last year the topic of "Luo Yonghao ridiculing Dongfang Selection" had triggered heated discussions among the outside world. At that time, some media reported that Luo Yonghao said in the Make a Friend live broadcast room that there is now an unhealthy trend in the live broadcast industry. Some investors and industry analysts said that live broadcasts still have to focus on content. Luo Yonghao thinks it is wrong, or Let’s talk about products. The content will attract audience attention, but its help for direct sales is still limited.
Regarding the topic of "Luo Yonghao teasing Dongfang Selection", Luo Yonghao explained that he was just expressing different views on some popular views on live broadcast e-commerce, and hoped that the media would not maliciously tease him. In Luo Yonghao's view, "Luo Yonghao ridiculing Oriental Selection" was a hot search at that time, but "Luo Yonghao paid tribute to Oriental Selection" was not a hot search. This reflects the profound depravity of some media and the public.
Different from directing his finger at the Oriental Selection this time, Luo Yonghao also "politely" stated on Weibo last July, "I did not make fun of New Oriental. I also forwarded and clicked on Mr. Dong's video before when it became popular. I like it, and I have publicly expressed respect for New Oriental's transformation."
has the opinion that Luo Yonghao has frequently mentioned the possibility of Oriental selection in several aspects recently. First, as Luo Yonghao himself said, he was fighting for fairer and more equitable treatment for Dong Yuhui. At the same time, he was also affected by his own unpleasant "breakup" experience at New Oriental. Yu Minhong's subsequent series of personnel and salary adjustments to Dong Yuhui may have been affected by the pressure of public opinion, including Luo Yonghao and others.
Secondly, objectively speaking, Luo Yonghao’s Make a Friend has a competitive relationship with Oriental Selection. When his rivals are caught in a public controversy, Luo Yonghao’s mention of topics related to Oriental Selection and Dong Yuhui can bring a lot of traffic to the Make a Friend live broadcast room, and then Promote the improvement of live broadcast room attendance and GMV.
At the same time, if the reputation and competitiveness of Dongfang Selection decline, it will actually help competitors in the same live broadcast and delivery track to further expand their market share to a certain extent. According to Gray Dolphin data cited by China News Weekly, Douyin’s Make Friends live broadcast room has gained 362,000 followers in the past seven days. The past few days when Luo Yonghao spoke were the highest increase in followers in the live broadcast room in the past three months.
Thirdly, some people think that Luo Yonghao's frequent comments and offers of olive branches may mean to poach Dong Yuhui. However, regarding the speculation of poaching people, Make a Friend refuted the rumors and said that Luo Yonghao and Make Friends have no plans to poach Dong Yuhui. Luo Yonghao only supports Dong Yuhui and encourages him to start a business, not poaching.
Luo Yonghao said that he had officially announced his departure from the management of Make Friends in May last year. In essence, he was leaving the live broadcast e-commerce industry. However, because of some debt settlement matters, he would still broadcast one or two games on weekends. Luo Yonghao revealed that he had been working in his new technology company for more than a year and was "very happy and will never go back." The reason why I suddenly spoke out today is because I don't want to see what Dong Yuhui has suffered, and I hope to do something within my power. "After all, I have encountered similar experiences to my fellow disciples."
Radar Finance found that Luo Yonghao is not the only famous teacher who has left New Oriental. Hu Min, the founder of New Channel, Sha Yunlong, the founder of Puxin Education, and Zhou Sicheng, the founder of Sicheng Education, were all famous teachers of New Oriental. Even in the entrepreneurial circle, New Oriental has been nicknamed the "Whampoa Military Academy" in the education industry. The founder of Gaotu, Chen Xiangdong, who was behind the Gaotu Jiapin live broadcast studio that unexpectedly became popular due to the turmoil, was also from New Oriental, and he even held the position of "second in command" of New Oriental. In addition, New Oriental's other two partners, Xu Xiaoping and Wang Qiang, have now bid farewell to New Oriental.
Yu Minhong himself has also reflected on the treatment of New Oriental famous teachers.Yu Minhong admitted that he did not do enough to motivate New Oriental's many famous teachers. At that time, when the Internet was able to continuously amplify their abilities, these teachers were not matched with better incentives, and the relationship between them and themselves was not changed from employment to partnership.
Yu Minhong said that although they had received the highest salary at New Oriental at that time, even if compared horizontally, it was the highest salary in the country, but the explosive power of these outstanding teachers was not fully anticipated, which directly led to a group of New Oriental outstanding teachers in the era of Internet transformation. Go out and start your own business, and most of them do pretty well.
When Luo Yonghao mentioned Dong Yuhui's promotion to senior partner this time, he also said that he was not satisfied and was awarded the group's outstanding teacher. They were given a lot of money less, and it was useless and meaningless to recruit outstanding teachers from the group. "The unfair treatment I received was not just empty talk and nonsense. My former boss mentioned many times in media interviews that he felt sorry or ashamed of the outstanding teachers in history, and named Luo Yonghao. Anyway, it didn't matter. To make up for it, I just said a few nice words. If you were moved by PUA, I won’t."
Luo Yonghao recalled that when he was teaching at New Oriental, the institution was actually very worried about outstanding teachers starting their own business. This was understandable, but the institution did not put a big distance between these outstanding teachers and mediocre teachers in terms of salary. A bit of a big deal. At that time, the boss often told them that you are willing to go out and work. I firmly supported it. "How shameless can a person be, leaving an organization to compete with his own boss, and then going to the boss for investment? No way." , so it’s just pretending.”
At a forum speech event on December 17, Yu Minhong also mentioned that this time the Oriental Selection incident was due to the fact that the management team’s thinking has not changed, and these outstanding employees are managed with traditional thinking. Friendship can be maintained for a period of time, but it cannot be maintained forever.
Yu Minhong also revealed that he has held countless meetings with the management, hoping to change the management model and the relationship with outstanding employees must change. "But I don't listen no matter what I say, because I think the management is quite easy. Young people can't understand the crisis behind it. I can understand it, but I have no way. So the occurrence of this incident was actually within my expectation. ".
Interestingly, on December 18, Luo Yonghao retweeted a Weibo article from Phoenix Network Technology with tags such as "Yu Minhong said to prevent people from under him from going out to fight against you" and "Yu Minhong once said that New Oriental is no longer afraid of people going out to work alone". , with the caption "Hmm".
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