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 that Dong Yuhui was appointed 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. After a series of "remedial" measures, Oriental Selection seems to have gradually returned to the right track. Not only has the number of fans stopped falling and rebounded, but the company's stock price has also "soared" on December 18.
Radar Finance found out that Dongfang Selection's "little essay" controversy 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 the Dong Yuhui incident.
As relevant topics were mentioned again and again, Luo Yonghao's words became more and more sharp. By comparing Qianxun, Xinxuan, Xiao Yangge, Mei ONE and other leading domestic live broadcasting organizations, Luo Yonghao even commented that "Oriental Selection may be the most unfair, ridiculous, and most bullying and squeezing of young people I have ever seen since the birth of live streaming e-commerce in China."
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, and the "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 that I'm angry, and it's true that it's reasonable. You can't ignore what I say just because you think I'm venting my anger; and I can't pretend that I'm not angry because it makes sense. I didn't want to 'bombard' anything, I just wanted to try my best to suppress my emotions and talk about the truth." Luo Yonghao said this 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's repeated claims that Dong Yuhui fought for fair and equitable treatment have also been questioned by the outside world. "Brother, it's almost over. 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, Yu Minhong calmed down the storm
The "little essay" controversy that caused a lot of noise in Oriental Screening finally stopped the situation from worsening after Yu Minhong and Dong Yuhui's live broadcast.
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 in 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.
Or 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 posted a notice on Dong Yuhui’s appointment from New Oriental Education Technology (Group) Co., Ltd. on Douyin, with the text: “Congratulations to Yuhui, we will go through thick and thin together!”
The notice stated: After research and decision by the group's board of directors, Dong Yuhui was appointed 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. This notice will take effect from the date of issuance of the document.
Sun Dongxu, who was previously exposed by the media as one of the protagonists of Yu Minhong's dilemma of choosing one, 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 to say, although Sun Dongxu has been removed from the CEO position, he will still stay in Dongfang 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 better safeguard the interests of the company’s shareholders, allowing more experienced directors to take over the company’s daily management. 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 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 stock 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 "little composition" scandal that has come to a climax, Yin Qiang, CFO of Oriental Screening, posted on WeChat on December 16 that New Oriental's story will always have a happy ending. The night is long enough to make people feel that the light of dawn is so bright, and everyone has nothing to worry about.
"Outsiders" join in the fun, Luo Yonghao is the most "positive"
When 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, said frankly when talking about whether he would poach Dong Yuhui to work at Three Sheep, "How is it possible? Don't talk about poaching, which company wouldn't want him? He is truly a talent among talents. Who doesn't like him and who doesn't love him? He is an example for us to learn from."
In addition to the people mentioned above, Luo Yonghao may be one of the public figures who mentioned Oriental Selection most frequently during the "little essay" controversy. 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 successfully. Luo Yonghao also emphasized that he is not pursuing any benefits in return in this matter.
After that, 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 explain in one sentence. In short, everyone has his own difficulties."
As he became more and more involved in the discussion of this incident, Luo Yonghao's speech became more and more sharp: "Zhiyu" in private enterprises should really not mention "gratitude" easily. These are evil thoughts that some entrepreneurs shamelessly instill in workers. When private enterprises promote outstanding employees, it is obviously a win-win situation for both the enterprise and the employees. An onlooker felt that the employees should be grateful because they were all 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 villains, ugh"...
As for the key live broadcast where Dong Yuhui was off the air for several days and Yu Minhong responded to the storm, Luo Yonghao was also full of fire. "After watching it for a while, I felt that the viewing experience was very poor and it was another stupid move. I corrected the mistake, negotiated the terms, and let Xiao Dong come back to the broadcast as if nothing happened. It is the best and most reasonable arrangement to never mention it again."
Even in this live broadcast, Luo Yonghao also commented on Yu Minhong's performance, "In fact, I feel guilty, and I don't have the heart to tell everything completely and honestly, so why do I have to show up at this juncture? The words are stammering, meaty, talking in circles, and there is no specific commitment. The filming was given to the panoramic view, so the restless body language movements on the feet are undoubtedly exposed. The audience is not fools. In the face of this sober barrage, what else are there to talk 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 comments will be deleted within 5 minutes, and the writing team must be fired immediately," Luo Yonghao quoted a blogger's previous speculation and added, "Yes, including a slightly sane 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, Make a Friend 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 the most unfair, ridiculous, and most bullying and squeezing of young people I have ever seen since the birth of live streaming e-commerce in China, and it is unique to a certain extent. And it is likely that this phenomenon will continue because of Xiao Dong's character problems." 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 organizations 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 you are not convinced by Oriental Selection, 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 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 Dongfang Selection had given Dong Yuhui a sky-high price. "I don't know the specific number, but it is definitely worthy of the 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 will die for his confidant", "That is because Xiao Dong did not read thoroughly and was misled by the remnants of feudal ideology. A scholar will die for his confidant, and it is healthier for friends to go both ways. If it is between a boss and an employee...then tell me 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 OK, and it is still far from bad." Luo Yonghao said that if the promise is not fulfilled, "No matter what I do next time, as long as it is legal, don't persuade me."
The past “grievances” between Luo Yonghao and New Oriental
Behind the intensification of the "little essay" controversy in Oriental Selection, which attracted the attention of the entire Internet, Luo Yonghao's continuous "bombarding" of his old club once made the topic "Why Luo Yonghao always clings to Oriental Selection" a hot search 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 the Oriental 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 of "Luo Yonghao's bombardment of Dongfang Selection" that has aroused heated discussions in the outside world, Luo Yonghao mentioned on Weibo, "When I quit social networks for a year and a half and couldn't help but speak out again because of my indignation, I also knew that such disgusting hot search headlines would definitely appear. But when I really saw it, the familiar, tired and nauseating feeling came back."
Luo Yonghao also said, "After I compile what I have written in the past few days into a clear article tonight and send it out, I don't want to mention this dirty thing again from next week. Well, except for the possible forced refutation of rumors, I probably don't want to say anything anymore in the next few years."
But some netizens left a message, "If my 'son-in-law' is wronged again, I will come to complain to Teacher Luo. Will Teacher Luo still take care of it?" In response, Luo Yonghao responded that if these things still happen, he will not say anything anymore because he has said all he can. "If there is a new bad situation and you need me, just say one word and I will definitely stand up."
The reason why the outside world is very interested in the dispute between Luo Yonghao and Dongfang Selection may also be related to Luo Yonghao’s experience of working at New Oriental.Radar Finance learned that before he founded Smartisan Technology and became the head anchor of Douyin to perform "True Return", Luo Yonghao had a fate 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, Luo Yonghao wrote a cover letter to Yu Minhong, then the principal of Beijing New Oriental School, in order to join New Oriental.
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 time, Luo Yonghao successfully seized the opportunity,Finally, in 2001, he officially became a teacher at Beijing New Oriental School.
After joining Beijing New Oriental School, Luo Yonghao's talent in talk shows has now been revealed. With his humorous teaching style and highly idealistic temperament, Luo Yonghao has been 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. Although the sound quality is very poor, Luo Yonghao became popular on the Internet with "Lao Luo's Quotations" and became a gold medal lecturer of New Oriental.
However, Luo Yonghao's relationship with New Oriental came to an end in 2006.After Luo Yonghao "ran away" from New Oriental, a series of entrepreneurial stories such as Niubo.com, Luo Yonghao English Training School, Smartisan Technology and now making friends emerged.
After Luo Yonghao encountered the entrepreneurial failure of Smartisan Technology, he was once saddled with hundreds of millions of sky-high debts. In order to pay off debts, 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 at New Oriental, he could be said to be "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 institution every day and commented with students during class. Based on the above situation, it is recommended to fire 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 advertising effects to our training school every year?" So everyone laughed and said, let's keep Luo Yonghao.
Luo Yonghao revealed that what made him uncomfortable about this incident was that during that time, he had actually been preparing for the next step of starting a business, but after such things came to his ears, he could no longer stay there. So, Luo Yonghao sent a message to his immediate boss at the time, saying that he had originally planned to leave, but now he had to leave early. But the boss replied to Luo Yonghao, "You can't just leave." In the end, after Luo Yonghao finished teaching the agreed class, he communicated a resignation date with the other party and left New Oriental.
At first, Luo Yonghao 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 shows that the company was deregistered in March 2017.
Luo Yonghao said frankly that many people were saddened by the "little essay" incident because he loved Dong Yuhui. In addition, he also brought in some unpleasant feelings from his youth, and these unpleasant feelings were inextricably related to this organization (New Oriental) to a certain extent, so it was really difficult for him to calm down.
Radar Finance found that before the topic of "Luo Yonghao bombarded Dongfang Selection" was fermented this time, the topic of "Luo Yonghao teasing Dongfang Selection" had aroused heated discussions among the outside world last year. 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 and still have to focus on 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 in July last year, "I did not make fun of New Oriental. When Mr. Dong's video became popular before, I also forwarded and liked it, and I also publicly expressed my respect for New Oriental's transformation."
Some people believe 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 opponent is 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, thereby promoting the improvement of the live broadcast room's audience 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, the Douyin Make Friends live broadcast room has gained 362,000 followers in the past seven days. The past few days when Luo Yonghao spoke was 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 ability. "After all, I have encountered similar experiences to my classmates."
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 famous New Oriental 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 already 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. This directly led to a group of outstanding New Oriental teachers going out to start their own businesses in the era of Internet transformation, and most of them did quite 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 unworthy of the outstanding teachers in history, and named Luo Yonghao. Anyway, he did not make up for it. He just said a few good words. If you have been PUA and moved, I will not."
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, which was 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, so he just pretends."
At a forum speech event on December 17, Yu Minhong also mentioned that the Dongfang Selection issue this time was that the management team’s thinking had not changed, and these outstanding employees were 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 didn't listen no matter what I said, because I thought the management was quite easy, and young people couldn't understand the crisis behind it. I could understand it, but I had no choice. So the occurrence of this incident was actually within my expectation."
Interestingly, on December 18, Luo Yonghao retweeted a Weibo post from Ifeng 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 text "Hmm".
Article produced by Radar Finance | Edited by Meng Shuai | Deep Sea