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The podcast delves into the drama surrounding a livestream shopping company in China, exploring the clash between the company management and their star streamer. It discusses the implications of managing a massive fan base and highlights internal management issues. The podcast also focuses on the flaws in the live stream corporate world and emphasizes the importance of supporting star assets and their teams. It further explores the challenges of managing star employees, investing in their image, and acknowledging the contributions of all team members.
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Quick takeaways
- The controversy surrounding East Buy highlights the power of a loyal fan base and the impact it can have on a company's success.
- Balancing the influence of star employees is crucial for companies, requiring tactics such as checks and balances to distribute power and recognize the collective efforts of the team.
Deep dives
The Corporate Drama Unfolding in the Live Streaming World
The podcast discusses the recent corporate drama involving East by, the livestream e-commerce arm of New Oriental, and its popular livestream host. The controversy started with a dispute about the authorship of livestream screenplays, leading to a backlash among fans and a decline in the company's stock price. The CEO's aggressive response during a livestream further fueled the anger. As a result, the CEO was removed from his position, while the livestream host was promoted to cultural assistant and vice president of the new Oriental culture and tourism group.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode