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MNSO Jack Ye: MNSO to Continue to Streamline Mgmt Processes, Organizational Structures
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MNSO (09896.HK) (MNSO.US)'s cultural values have always placed “simplicity” at the forefront, and that the Group should return to the essence of retail at the product and service level, focus on core businesses and core product categories, and invest more resources and energy in product R&D, Jack Ye, Founder, Chairman and CEO of MNSO, delivered a New Year's start-up message saying. The Group should also understand customer needs, not blindly pursue redundant functions and packaging. At the same time, Ye added that the Group's organizations and talents are currently distributed all over the world. The Group will continuously streamline its management processes and organizational structures to ensure that the strategic goals do not deviated. Therefore, he put forward the following 6 requirements, including the prohibition of all forms of formalism and simplification of the communication forms, at which PowerPoint slides are prohibited in internal communication, as well as proper management of the time spent in internal and external meetings, with the maximum of no more than 1 hour, and the presentation materials not exceeding 3 pages. The Group hoped to streamline decision-making processes and improve approval efficiency, as well as digital efficiency improvement. AAStocks Financial News |
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