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Tang Jun, the Most Expensive Employee in China
    2008-04-16 17:33:28     CRIENGLISH.com

Tang Jun, former president of Shanda Entertainment, a top Chinese online gaming company listed on Nasdaq exchange, was crowned as China's "emperor employee" with an annual salary of 100 million RMB, or 14 million U.S. dollars. After Tang Jun announced last week to resign from Shanda, he again came under the media spotlight as the most valuable professional manager in China, because he would hop to a new company with a transfer fee of one billion RMB, or 143 million U.S. dollars. This number has even exceeded the transfer fee of British soccer player David Beckham.

But what makes him our Champion today is not the money he earns, but his innovative spirit which has big impact on his counterparts in the business managing circle.

In our program today, we will follow Tang Jun's life experience to learn about the current development of professional managers in China with our reporter Liao Jibo.

Tang Jun [photo source: tom.com]

Tang Jun joined Microsoft in 1994 and was appointed president of Microsoft China in 2002. After serving in Microsoft for ten years, Tang Jun chose to join Shanda to explore his genius in IT entertainment management. During Tang's four years in Shanda, he helped the company walk out of the valley to reestablish its leading power in domestic online gaming industry. As Shanda has now entered a phase of smooth development, Tang Jun says it is time for him to leave for a new life in New Huadu, a Fujian-based company as company CEO and president. The company covers areas like general merchandises, real estate, engineering projects, tourism and mining industry. New Huadu will be listed in domestic A-share stock market quite soon.

Having brought ice-breaking success to both Microsoft China and Shanda during his tenures, Tang has been crowned as the most valuable professional manager in China.

Chen Fashu, New Huadu's founder and former president, praised Tang Jun's business competence:

"Tang Jun is undoubtedly an excellent CEO and the best professional manager in China. No matter whether Mr. Tang was in Microsoft or in Shanda, he was highly valued by China's business circle for his management concepts, his operation capability, his rich experience in market-based operations, and his outstanding achievements, as well as his professional spirit."

Tang Jun says the media focus on him reflects increasing public concern over domestic professional managers, and he's really happy about that.

"Domestic professional managers here in China need more attention and better conditions for self-development. Meanwhile, they also need to make more efforts to increase their impact on both their enterprises and the Chinese society."

Tang Jun stresses that professional managers are not simply a group of employees with relatively higher salaries, but they are innovative specialists equipped with advanced management theories and rich practical experiences to lead their enterprises. For instance, about 98 to 99 percent of the top five hundred enterprises in the United States are led by professional managers.

When asked whether or not professional mangers could quickly adapt themselves to companies specializing in different industries, Tang Jun says that it does not matter much whether one is to be a CEO of a biscuit company or an IT company, since professional managers are mainly working on managerial concepts but not on specific products.

Taking himself as an example, Tang Jun says he never plays any online games, but still he managed to help Shanda to reap handsome profits and finish strategic development. In the same way, Tang Jun is also very confident in his latest jump from the IT industry to traditional industries in New Huadu.

As China is experiencing fast economic development, Tang Jun says that professional managers are badly needed not only in the country's newly-developed industries but also in traditional industries. Speaking in this regard, Tang Jun urges China's professional managers to get more involved in the country's traditional industries.

"China needs more professional managers in its domestic industries, especially in some traditional industries. When we talk about professional managers today, we are usually referring to people in high-tech industries in overseas companies. As I've now made the decision to join a domestic company; I want to set an example for my colleagues to contribute more to our traditional industries."

In order to further promote the profession of business managers, Tang Jun says both people who are involved in this industry and in related industies should make more efforts. On the one hand, professional managers should always update themselves with the latest information, conduct thorough investigation of social and economic background of their enterprises, and frequently adjust their working methods and attitudes. On the other hand, company owners should also create desirable environment for professional managers, providing them with enough freedom, listen to their different opinions and respect their contribution.

"Only through such joint efforts can we bring success to enterprises and promote career development of professional managers."

As Tang Jun has now joined New Huadu, he is expected to take charge of the company's general management, foreign investment and long-term strategic exploration, setting new examples to his counterparts in other domestic companies.



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