Chapter 440

When the forest is big, there are all kinds of birds... This is a bad truth.

Drake chamber of Commerce has tens of thousands of employees, about 100000 people around the world are receiving Lorraine's salary, and millions of people are in the upstream and downstream of the chamber of commerce industry.

With such a huge base, it's not strange for any creatures to appear among them, such as Mr. Dongguo, Mr. Nanguo, human essence, scum

Of course, there are talents.

Terrence is an excellent talent. Lorraine likes his calculation and pattern, as well as his face and execution above the standard. These advantages dilute his defects in speech and acting skills, and finally let him stand out among the stones and become a shining gold.

Chuck still knows people well.

With Lorraine's ability to see people, it's easy to see that Terrence must have been a poor trade manager.

However, chuck selected such a less excellent subordinate from hundreds of managers of the branch, skipped the rank of manager of the trade office and directly promoted him to the position of office manager most suitable for him to give full play to his talents, which must have taken a lot of thought.

Lorraine wanted to see what he could do. Anyway, the development fund was originally prepared for these people.

Under the chairmanship of Lorraine, the structure of Drake chamber of Commerce has a shadow of future generations.

His association and branch have relatively independent decision-making power. Branch Presidents such as chuck, Ramos and Eddie basically have complete decision-making power in their respective positions.

Even in the event of a major event that needs to go through the board of directors, the executive committee is also composed of sub chairmen, supervisors and vice chairmen. There is no need to consult the largest shareholder, that is, the general assembly.

So how should Lorraine ensure her authority in the branch? The answer is the financial system.

Lorin implements the financial system of combining independent finance and annual budget in the chamber of Commerce. The branches and groups under the Federation need to submit the annual budget of the next year every year, which will be reviewed and revised by the board of directors of the Federation to determine the proportion of final retention money and dividend.

This system also comes from later generations, which not only retains the branch's independent decision-making ability, but also deprives them of financial freedom.

But advantages often mean disadvantages.

As a result of the budget system, the branch can only use limited financial resources. Even if there are hundreds of thousands of pounds on the books, it can not spend as freely as the real independent chamber of Commerce.

Each branch or group has two sets of accounts, of which the only one that really belongs to them is the one retained in the previous year or appropriated by the association.

Limited resources are bound to be inclined to stations with better development and greater potential. Stations with midstream trade volume and midstream profit rate, such as St. Croix, are bound to be difficult to apply for too much funds under the Drake chamber of commerce system, and naturally lose most opportunities for salted fish to turn over.

This issue was put on the agenda of the board of directors of the General Assembly at the end of 1782, and Ramos proposed the bill.

At the annual meeting, he hoped to increase the president's reserve fund in the budget items, about 3000 to 5000 pounds, to support excellent projects beyond the annual plan of the grass-roots station.

This proposal not only aroused Lorraine's interest, but also set off an upsurge of discussion at the annual meeting.

First round, second round, third round

After five consecutive adjournments, the amount of the reserve fund has been raised to 15000 pounds. With the structure of the two branches and the maritime group at that time, the total budget has to be increased by 45000 a year, which is almost equivalent to the establishment of a new European branch.

This is obviously unrealistic. Moreover, Drake chamber of Commerce has been in a period of rapid development. Even if it does not set foot in new manufacturing fields, Africa and Asia alone will be enough to raise the money to the sky high price of 75000 in the future.

Lorraine briefly mentioned the follow-up development, and then threw out the concept of development fund.

The president's reserve fund will be merged into the Federation, the amount will be doubled and the competition will be fair. Basically, this is a two-way plan.

After all, the value of the reserve fund does not lie in money, but in liberating the hands and feet of the presidents, so that they can safely and boldly implement the budget plan and implement their ideas more abundantly.

The development fund can also liberate their hands and feet, and has a higher ceiling. It also solves the problem of excessive occupation of resources while raising the ceiling.

For this reason, Lorraine's proposal was unanimously supported at the sixth round of the conference. The development fund was officially established in January 1783 and reviewed and distributed by the General Assembly asset management company.

In the rapid development of Drake in recent years, it has played a role similar to that of China single guerrilla.

It has been established for more than two years, with 39 projects and a total of 41700 pounds, of which the minimum budget is 800 pounds and the maximum budget is 5300 pounds.

According to Carmen's rough assessment, the more than 40000 pounds created a profit increase of about 6.7% for Drake chamber of Commerce. If calculated according to the 262000 operating profits settled in 1784, the annual return will reach 17600, with a return rate of 42.6%.

But Lorraine was still dissatisfied.

The fund account has a balance every year, and most of the projects submitted for approval lack courage and creativity. In the long run, its driving effect will become weaker and weaker.

In Muscat, Lorraine discussed a big project with Eddie, and prepared to apply from Suhar office to invest 10000 pounds from the fund mouth to zuwo to accelerate port construction and try her best to grab the development dividend of Masila island.

But that project is promoted by the branch after all, and it is difficult to resonate among the stations. In contrast, the St. Croix self operation project independently proposed by Terrence is obviously more suitable for reference by other stations and has the potential to become a typical case.

"The key is how much money should be approved for this project..."

Lorraine rubbed the stubble on his chin.

"If you only draw it as a cake, the appropriation of this project must be greater than that of zuwo's construction project, so as to touch other stations to the greatest extent."

"But the ultimate goal of the development fund is to make profits after all. If Terrence gets unexpected money but fails to achieve the expected growth rate, it will lower the return of the Fund... A typical case will become a typical investment failure case..."

"Where is the right number?"

Lorraine wanted to mutter all the way. Unconsciously, she went to the third floor and came to the door of Bell's guest room.

He decided not to.

There are many things that need to be integrated in the audit of a project. Without perfect data, it is meaningless to think blindly.

The priority is to replace bell with Lucie first.

When Lorraine came out from Lusi, Ms. ofey had no sign of giving birth. Valkiri was in a hurry on the road, but she was delayed for 69 hours.

He has done his best. Next, it depends on Bell's luck.

If a new generation of Earl Brett were willing to wait for his father, bell would still have a chance to see the sacred moment of his son's birth.

Lorraine reached out and knocked on the door. Soon there was a thick echo in the room: "come in."

Lorraine pushed the door open.

Darkness pervaded

In the closed door, the darkness wrapped in floating candles filled the aisle from the depths of the room. In the blink of an eye, it covered Lorraine's feet, sprinkled the sunshine all over the aisle, and hurriedly retreated.

Lorraine looked at the strange scene in front of her: "classmate Judea, did you have rabies?"

"Maybe... Worse than that."

Bell's pitiful voice trembled from the depths of darkness.

"Lorraine, I'm dying." this was his first sentence.

"Please be sure to inherit my inheritance and help take care of my poor wife and unborn son." this was his second sentence.

"As far as I know, in order to buy back the Baron, you not only spent all your dividend money, but also advanced at least 30000 pounds to Carmen. There is only debt in your inheritance."

Lorraine shrugged her mouth in disdain and said to the house with an umbrella.

"The request is reasonable, but I don't accept it."