20 business classic decision (5)

1975: Walter · riston approved ATMs plan although I don't know why, but John · Reed knew he was right. Fortunately his boss — Citigroup Chairman Walter · Williston and he has the same belief that technology can be combined with the banking industry. Thus in 1975, Williston agreed Reid plans. Two years later, Citibank listing, then almost overnight, Citigroup built 400 multiple ATM network. New technology used by the customer's approval, automatic teller machines in the use of a rapidly escalating, Jing then circulate: "Citigroup never sleep. "Prior to 1981, Citigroup in New York the deposits have doubled. Competitors realize the seriousness of the problem, they stop laughing at Citigroup "without soul machine", began to follow up the settings of automatic teller machines.

1980: Reginald · Jones · selected Jack Welch as successors in the United States · Jack Welch has become synonymous with GE, he was a common person, he often laugh at company bureaucracy, so corporate headquarters management persons alien to him. And at first, he is not in the CEO succession candidates because he was too young, too impatient, and stuttering. However, the then Chief Executive Officer of Jones and force measly in 1980, the appointment of Welch as his successor.

Maybe Jones at General Electric have made the best decision is to choose a way to change the general decision makers – Welch. In Welch's leadership, the generic company from a market value of publicly ranked No. 10 in the enterprise development to the market value of the second world, the profitability of the world's first world-class companies. Jones pointed out, first select the successor is not to choose and own alike.　　The second is to look to the future of the environment, choose a suitable for future environment and not suitable for your own office environment. · 1983: Sam Walton approved satellite system plans world's largest retailer Wal-Mart founder Sam Walton · is not a high-tech enthusiasts, but in 1983, he heard a 2400 million under the investment plan. This person is responsible for data processing by Glen · El Bourne, he recommended the establishment of a satellite system. Wal-Mart will undoubtedly become a try to this technology the first eat crabs of the retail enterprise. Risk exists, but it has two big selling points, the first is that it helps to get mired in Walton and staff exchanges, because Walton adhere to each shop inspections, but with the expansion of the chain stores, this number becomes more difficult. The second is the satellite system helps Walton timely understanding of inventory, tracking each store's day sales, new products on the shelves. Four years after the completion of the satellite system makes Wal-Mart's sales performance all the way across the red. In 1985, the satellite system, completed the first two years, Wal-Mart's sales of 84 billion, whereas 10 years has risen to $ 936, then 10 years later reached $ 2880 maximum record history.

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