Internet industry ushered in "second wave of succession"

With Qiu Bojun, Ma Yun, and Shi Yuzhu, China’s first-generation Internet entrepreneurship giant has gradually retreated to the second line, and the rapidly changing Internet industry seems to be ushering in “second generation succession wave”. Why did they get to work so early? Can the new successor cover it? After those “creative generations” who have been consumed by the media and the masses have faded from public view, what impact will China’s internet companies have on the future? Who will be the next big Internet retirement?

Why do you retire earlier than traditional industries?

The internet is changing too fast

For those big-ticket entrepreneurs in the “industry” industry, it seems that the retirement age of the Internet industry is much earlier. If Ma Yun is in his 40s, Li Shanyou is only 30 years old when he retires.

According to science and technology business observer and famous technology blogger, Jin Cuodao, the development pace of the Internet is too fast. The year of the Internet is equivalent to 5 years in the traditional industry. Ma Yun has been in Ali for 14 years. He experienced more and more things than traditional changes. enterprise. With the advent of the mobile Internet, most of the founders of the older generation will feel the need for younger people to grasp the new era.

Ma Jihua, a well-known IT consultant, believes that China’s Internet development has been more than 15 years. The first-generation or 1.5-th generation entrepreneurial successors have reached a confusing year. Unlike other industries, 70’s are now in full charge of Shuai Yin’s. Compared with the development of the industry, we are starting to look a bit old.

Fear of losing the status of the king

Famous commentator Xie Rui pointed out that the characteristics of Internet development is "change", but now it is even more in the era of "new and old" mobile Internet. In the ever-changing generation, the “creation generation” born of the Internet may at any time miss the revolutionary products and technologies of the mobile internet, so that the “king” status of the untold hardships will never return.

Ma Jihua pointed out that when the leaders of China's first-line Internet companies truly moved to the next generation, the founders’ capabilities were beyond any doubt. The founder’s spiritual power was also the greatest motive force for corporate consolidation. Successors cannot overstep this aspect in any way. However, if the founder has to wait until he is allowed to let go, then the company may lose hope of continuing to move forward. It would be better to pass the baton when it can be controlled. Even if there are problems, it may be possible to pack up. Therefore, when Ma resigned as CEO, he also confessed: "Only by resigning can we never be defeated."

Can the new successor cover it?

The newcomer has been exercising for a long time

After China's founder retired, he likes to promote successors from within the company, encourage competent executives to perform well, and pass on clothing in the future. This is a "horse racing" model, and the practice of overseas airdrops and the use of professional managers "sama "The pattern is different.

Liu Xingliang, an internet analyst, said that in fact, Ma Yun and Shi Yuzhu resigned as CEOs. It was not an emergency. It was a long-planned project. From the perspective of the succession qualities of the successors, Lu Zhaoyi did Alipay, Taobao, and data at Alibaba Group. For multiple lines of business, Liu Wei has been the president of the Giants network for many years, and his status and business capabilities have also been recognized.

In addition, Liu Xingliang pointed out that after resigning from the CEO, Ma Yun and Shi Yuzhu were also the chairmen of their respective companies, and they still had great power. The strategy was still thinking about them.

Succession sign business maturity

Famous commentator Xie Rui said that making a stick is an important step for the development of the company. The key is to establish a good system of successors and exit them in an orderly manner so as not to damage the company's business. At the same time, the founder can also get out of business work, raise his height, and change his role from being an executor to becoming a "strategist." . Therefore, the founder's Jean Yin is also a space for other capable young people to improve, so that they can get rid of the bottlenecks in the career ceiling. However, after a generation of entrepreneurs retired behind the scenes, the company has lost some of its legendary aura. However, as Internet companies mature, they do not need to be driven by the leader's personal brand.