Other language: Vietnamese

The Fall of the Dominant CEO in the World of Wealth and Power.

Chapter 31: Danger Lurks Everywhere. [31]



Summary

Liu Wen Jie’s company, despite its success, faced multiple crises including intense market competition, technological bottlenecks, management inefficiencies, supply chain instability, talent loss, and financial strain. Competitors offered lower prices, while R&D struggled with delays. Internal communication issues hampered operations, and rising raw material costs threatened production. Additionally, key employees were poached, and cash flow became tight due to high expenses. Investor confidence waned as stock prices fell. Liu Wen Jie recognized the need for immediate action to address these challenges and stabilize the company’s future.

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