Chapter 298 The suggestions
They soon wrapped everything up and left.
Cox and Windt left all their shares as Jonathan wanted. They took the payouts and retired abroad immediately.
The shareholder’s meeting ended, and Jonathan called Vincent to pass some instructions.
They had to make the news about their projects public and reassure their employees.
Finally, Liliana hijacked the meeting as she said she would.
“Alright, now that the good parts are over, let’s just chat.”
Jeremy Winston chuckled, “What was good about that?”© 2024 Nôv/el/Dram/a.Org.
She cocked her head and answered innocently, “Why? NUncle, I won’t get too many letters from my husband’s company.”
Jonathan gave her a look, and she looked at him curiously.
“You don’t seem to have given me any shares?”
Everyone suppressed their laughter.
Jonathan immediately replied, “Fine! Let’s make a deal. I will give you 10% of everything I own, and you give me 10% of everything I own.”
One of the shareholders laughed, and the other followed.
Liliana cocked her eyebrows and snorted, “I think I will pass. I am afraid you won’t be able to handle it.”
Jonathan choked.
He did not want to tease her in front of all his board members, so he shook his head.
Liliana laughed and continued.
“Anyway, enough jokes! I just had a few changes I wanted to recommend. And please don’t think I am trying to enforce new laws. Let’s vote on it and have an open discussion.”
“First of all – let’s add the agenda to the meeting invites. Even if it’s as vague as discussing the recent project failures.”
“Second – let’s have an informal meeting every month. Not mandatory, but open to all. We can go to a golf course on Friday evening or something equally relaxing and private. It doesn’t make sense to only regroup when someone is dissatisfied. We can chat if it’s something we are curious about and call a meeting if there’s anything urgent.”
“Lastly, I was thinking of an annual weekend getaway for all Smith Group employees – yes, all two thousand plus employees. It seems we are lacking in terms of the interrelationship between employees and management and employees. Let’s try to build an open company culture.”
Jonathan added, “As my wife said, it’s not a mandate. We wanted your opinion on these matters. Since the two items would cost money to the company, which will be out of all our pockets.”
“Please think it through, and if you have doubts, we can discuss this another time. Or just anonymously vote and go with the results.”
Murmurs and discussions followed, but soon Mr. Cooper spoke.
“I agree! My wife’s cousin’s company is a startup with a very open culture. She always talks about the company culture – how good the management is, how cool the annual events are, how supportive and empathic the management is, and the empathy and compassion they promote.”
“From an employee’s perspective, it sounds like a second home and somewhere where you would love to stay for a long time. Their employee satisfaction is off the charts. 3X higher than ours.”
“President Smith, I have an appointment with you in 10 days. I wanted to discuss this only. We need to revamp our HR team.”
A few other shareholders added their thoughts.
Fifteen minutes later, they had all agreed to all three points. Jonathan and Liliana hadn’t spoken a word since Jonathan asked them to think about it.
One of the shareholders noticed that Jeremy Winston wasn’t speaking and nudged him.
“Mr. Winston, what are your thoughts?”
Jeremy Winston laughed out loud.
“I did not want to speak because I did not want to influence anyone’s opinion. But it looks like you are all on board.”
“Honestly, all I thought was – they own two-thirds of the company. They will always be more affected by the share price than we all combined. If they think it’s a good idea – it is a good idea.”
“I don’t think either of them is stupid enough to bleed money for no reason.”
Everyone was shocked, and then they all laughed. They all agreed to the idea and left.
Jonathan would finalize everything. Vincent would reach out to them or their assistants.