1755: C1755 The Importance of Cash Flow

C1755 The Importance of Cash Flow

No matter how many orders there are, it's useless.

After all, there were only a few orders, and one deposit was enough. They definitely wouldn't pay the full amount.

At that time, Douglas Company did not reject anyone. As long as they placed the order, they would accept it. However, the company's production capacity was limited.

For an ordinary company, wouldn't it be good to place the orders a few years later? This meant that the company wouldn't have to worry about having no work to do for a few years. They could start work and operate at full capacity.

If it was during normal times, they could think this way. However, they had to ignore the inflation factor.

Inflation was a very terrifying thing. This thing would appear all over the world.

Ten years ago, my salary was 2000, now, my salary is 4000, my salary is 4000, my salary is 4000, my salary is 4000, my salary is 4000, my salary is 4000, my salary is 4000, my salary is 4000, isn't it full of happiness? However, looking at the steamed buns now, it was one yuan and two taels. It was still small. The old Mantou was worth one yuan and four yuan. It was still big, so what could be known? The purchasing power had not changed!

This was only for ordinary people, but for the factory. This had an even more terrifying ending. The order they made three years ago... The order was based on the price at that time... However, three years later... The plane was online. The manpower was increasing, the materials were increasing... Everything was rising. The price of the plane had exceeded the price of the order at that time!

What should he do now? Should he continue to raise the price? Of course, the client wouldn't agree. If you want to add money, we'll see you in court. The order was clearly written in black and white.

The Grumman Company was almost ruined like this back then. The navy and their orders were fixed at a fixed price. The initial production of Male Cat Fighter could earn money, but in the future, they would lose one if they produced one Male Cat Fighter due to inflation.

The Grumman Company finally gave up and asked the navy to increase the price. Later, they lost dozens of them, and the navy started to increase the price. If the navy insisted on following the contract, the Grumman Company would probably close down too.

The navy still had a conscience. After all, they had been friends with the Grumman Company for decades. Those customers who ordered the passenger planes had no relationship with them. They had to follow the order!

The Douglas Company had no choice but to borrow money to live.

They could only live through this difficult period of time. They would have to pay for the previous orders and raise the price to accept new orders. This way, they could earn money.

However, as they continued to borrow money, the company had fallen into a dead cycle. In the end, they had no choice but to apply for bankruptcy. This time, the customers were not willing to do it anymore.

Once the company applied for bankruptcy, it would enter the bankruptcy protection program. It would eventually be settled, and the company would not be able to repay the debt. Those orders from the Airline would definitely not be able to take them. Even if they could pay the deposit, what they wanted was not a deposit. It was a plane.

Therefore, when they saw that the Douglas Company was going to go bankrupt, the Airline became anxious. The losses were huge. They were still waiting for a new plane!

Therefore, when the Douglas was going to go bankrupt, other companies would not let it go. In the end, the banks would suggest it. They would find another company to clean up the mess. Hence, McDonna Company stood out.

In fact, the scale of McDonna Company was very small. It was not as big as the Douglas Company, which was a world-famous company. Therefore, although Douglas Company was eventually bought over by McDonald, however, they were not convinced.

It was a disgrace that the ___ was bought over with only 68 million hawk dollars. They did not fail. They had been stuffed to death. Therefore, they resisted the acquisition in secret.

Even if the name of the company was changed to McDonnell-Douglas Corporation, the two companies did not merge. This showed that MacDonald Company did not have the means at that time. They were kind and did not command soldiers. How could Gentle Company control a company?

The company was about to go bankrupt, but they were saved. They were not grateful, but they were not convinced.

McDonald and Douglas were still the same as before. Not only were the companies' factories divided into two areas, but their headquarters were also not together. McDonnell-Douglas Corporation's headquarters was in St. Louis, while Douglas Company was in Long Beach, California. Furthermore, the company had always been a two-legged company of two leaders, the upper echelons of Douglas Company. The various orders issued by McDonna Company were all in opposition.

What do you guys know? You guys are in the military, you don't even know about Civil Aircraft!

In fact, McDonna Company really didn't know that the military was a bidding war. If the bid was successful, there would be profits. If the bid wasn't successful, there would be profits. It could also be used to maintain the orders of the company that had successfully bid. However, the Civil Aircraft was different. One needed to understand the market, and the market was complicated and varied.

Hence, they were not united. If this continued, it would inevitably lead to the collapse of the company. McDonald buying over Douglas was a dirty move.

In fact, over the years, McDonald also knew about this crisis. They also wanted to change. So, when we entered the 1980s, he saw this opportunity when the Y Country Industrial World launched a comprehensive quality management campaign.

One of the core thoughts in this reform was to emphasize "cooperation."

At that time, McDonald asked every leader who worked in Douglas Company, including the vice president, to apply for a new position and conduct a comprehensive review within the scope of the various levels of leadership.

He also realized that the Douglas Company did not listen to orders and had to change. Unfortunately, he was still unable to break the rules. If he felt that it was not possible, he had to replace them or send his capable subordinates over.

This was actually necessary.2

Not to mention a big company, even a small company. After being acquired, one would have such a mentality when facing a leader who had descended from the sky. They were all welcomed openly and secretly felt that they were qualified. They had to do some small tricks, so they wanted to manage this kind of business well. They had to make up their mind to completely fire the higher-ups. He wanted to let the people below know who was disobedient, so he had to get lost!

Only with this kind of forceful method could he manage the company well.

Now, Qin Guan had already made preparations.

Of course, he had to trick them first. The McDonnell-Douglas Corporation seemed to have a huge plate. However, the McDonnell-Douglas Corporation was heading towards a dead end because their cash flow was being depleted. They were being used up by the Douglas Company's passenger plane project and the money they earned from the military aircraft. They were continuously investing in the passenger aircraft!

"Then what should we do?" McDonald asked.

"That depends on your dream. You want a Y Country. Even the world's number one military aircraft company will be dragged down by passenger planes. Or are you going to be merged with them in the end? " Qin Guan said, "I think that for your side, you must plan carefully. Douglas Company, the purchase was wrong. The other party should have sold it! "

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