Although Doug's industry has spread silently outward, the core members are still the people around him.

Most people do not realize the difficulty of management. Because they have led more than ten people throughout their lives.

Although many companies seem to be glamorous, whenever they go inside, they will find that they are actually just glamorous on the outside.

With a good history, even though their strength is still there, they always seem to be unable to do anything.

This is the management problem.

Why do all companies with a long history and at least have entered a stable development have exposed management problems?

Could it be that those startup companies have no management problems?

Of course, there are, too.

However, before management problems were exposed, they had already gone bankrupt due to various problems.

Today, Doug's industries have spanned four fields: media, entertainment, chemicals, and equipment manufacturing.

The first three are directly managed by Doug, and the last one is managed by Oliver Winchester.

Although Doug doesn't seem to have much work every day, he can only spend his whole day of things just by counting three modules.

Doug is a person who is willing to delegate power and authorize. He does not think that doing everything himself is a good thing.

Because people's energy is very limited. If they focus on details, who should lead the general direction?

Besides, in the rising stage of industry development, rapid expansion and occupying the market will bring much more benefits than refined management.

So Doug had an idea, he wanted to establish a staff headquarters.

The prototype of the General Staff appeared in the middle of the 17th century.

In 1640, Prussia followed the advanced Swedish army at that time and established the Military Control Commission.

The Military Chief Supervision Department is responsible for engineering services, choosing marching roads and camps, and building positions.

In the era of Frederick the Great, the General Office needed to add a command to guide the wrong march and to draft reports and documents for the generals.

Simply put, it is to cultivate a group of professional people and let them do professional things.

To a certain extent, the army is an industry that needs a precise command system most in addition to industrial production.

Doug had experience in modern enterprise management, but when he founded this department and persuaded others, he needed to mention the military commander of Prussia.

Fortunately, this is in line with his identity.

It may be normal for a German who has such ideas as Doug to others.

At four o'clock in the afternoon, the Eagle Bank's external business part closed.

Although there is still a long line, rules are rules. As the tellers leave one after another, those who want to exchange metal currency can only disperse helplessly.

However, there were still complaints.

But compared to the previous day, the complaints have changed.

I have already complained that I could not exchange much metal currency, and I was worried that Eagle Bank would suddenly die, and all the banknotes I held in my hands would become waste paper.

When I complain that I have too long queues and too many people redeem them, I will delay my work if I queue up.

Although, I'm still complaining.

However, the latter has shown that these people who are queuing up to exchange metal currencies have subconsciously felt that Eagle Bank will not go bankrupt.

This is good news!

Metal currency can exist for a long time in history, so there are naturally reasons for it.

However, there is no reason why paper currencies led by bank coupons have become popular and accepted.

Although metal currencies have stable traits and are easy to divide, they are naturally the characteristics of currency.

However, its own weight and volume insulate it from large-scale transactions.

Because, for large-scale transactions, they are too heavy.

Therefore, an organization needs to store these gold and silver and issue notes to the outside world.

When there are large transactions, just trade these notes and you can complete the transaction.

There is no need to foolishly carry precious metals that cannot be eaten or drunk.

Especially in places with more developed commerce, the higher the demand for such precious metal certificates.

Because the more developed the business, the higher the number of transactions will be, and the time for handling precious metals has even affected the transactions.

Because many transactions have evolved into more order transactions before precious metals have arrived.

The entire trading system, under the metal currency system, has lag and cannot achieve the highest efficiency.

Therefore, bank vouchers will become the mainstream in the future.

The bank that issues bank vouchers is not a good baby, looking at gold and silver lying in the warehouse without issuing more currency.

Later, the bank even found that as long as the gold is retained about 5% of the issuance amount can support daily exchange.

They called this reserve ratio for their name.

And since they took this step, they began to value "credit" and were afraid of "bill runs".

However, banks are held in private hands, and those who hold bank vouchers will always worry.

Therefore, Doug planned to change the name of Eagle Bank and the bank it acquired and it called "Bank of America".

Even if everything has not changed except the name, those ordinary people will naturally have more sense of trust when they see "Bank of America".

In other countries, this behavior of renaming private banks to nationally named banks is probably not feasible.

However, this is the United States, and it works in the United States.

Just like the American newspaper group, although it is also a private newspaper group, it can make people trust more.

The US Constitution does not prohibit this.

If the law does not prohibit it, you can breathe the free air of the United States.

Such a simple and crude method will still work in hundreds of years.

Doug was just thinking about what fonts to express in "Bank of America" ​​would make people feel more formal, solemn, and what kind of logos would be remembered without lacking beauty. When the knocking sounded, Ram walked in, put his hands in front of him, and said respectfully, "Boss, you have done it."

"Have Mrs. William handed it over to the parents?" Doug asked. Although he was relieved about Ram's work, he still asked and understood some things and knew them.

"Yes, I sent it. They said they would let her swallow a thousand needles today before they could let her go!"

"A thousand needles?" Doug didn't know what he thought of, but actually smiled.
Chapter completed!