The love of the boss

Chapter 686

Faced with new competitors, Lin Xiao and Su Yao felt the pressure doubled.

"Lin Xiao, this new rival is coming in with great force, and their products seem to be very popular." Su Yao said anxiously.

Lin Xiao's expression was serious: "We need to understand their product advantages as soon as possible and find out our gaps."

The children were playing quietly by themselves, not daring to disturb their parents.

Lin Xiao and Su Yao led the team to conduct in-depth research on competitors' products.

“They really do an excellent job in technological innovation and user experience,” said the manager in charge of product development.

Lin Xiao pondered for a moment: "Then we must increase our investment in research and development and launch more competitive products as soon as possible."

However, funding constraints make it difficult to increase investment in research and development.

"Lin Xiao, the finance department said that our budget is already very tight, and further investment may affect the company's capital chain." Su Yao said.

Lin Xiao frowned: "Find a way to optimize other expenses, research and development cannot stop."

As they struggled to fund research and development, the company's sales began to decline.

"Lin Xiao, many customers have turned to our competitors, and our market share is shrinking." The sales manager said anxiously.

Lin Xiao clenched his fists: "Strengthen marketing and launch some promotional activities to attract customers back."

But the promotional effect was not ideal.

"Lin Xiao, customers don't seem to be very interested in our promotions, and they prefer our competitors' products." Su Yao said.

Lin Xiao was very confused: "What went wrong?"

At this time, some discordant voices began to appear within the company.

"Is it possible that Mr. Lin and Mr. Su made a wrong decision? The company is getting worse and worse."

"With such a leader, the company will go bankrupt sooner or later."

Hearing these rumors, Lin Xiao and Su Yao felt very uncomfortable.

"Lin Xiao, we can't let these negative voices affect the unity of the company." Su Yao said.

Lin Xiao nodded: "Hold an internal meeting to stabilize everyone's emotions."

At the internal meeting, Lin Xiao gave an inspiring speech.

"Everyone must believe that as long as we work together, we will be able to overcome difficulties and return to the top."

Although the employees' emotions were temporarily stabilized, the company's difficulties have not been fundamentally resolved.

"Lin Xiao, this is not a solution. We have to come up with a breakthrough strategy." Su Yao said.

Lin Xiao thought for a long time: "Why don't we try to cooperate with some emerging technology companies to introduce new technologies and concepts."

They began actively looking for suitable partners.

"Lin Xiao, several technology companies have expressed interest, but their conditions are quite demanding." Su Yao said.

Lin Xiao gritted his teeth and said, "Weigh the pros and cons and choose the most suitable one to cooperate with."

After some screening and negotiation, we finally identified a partner.

"Lin Xiao, I hope this cooperation can bring a turnaround to the company." Su Yao said.

However, just when they were about to make a big move, a sudden industry turmoil brought them a huge shock...

This industry turmoil instantly shattered the hopes that Lin Xiao and Su Yao had just ignited.

"Lin Xiao, due to adjustments in industry policies, our cooperation project may be forced to suspend." Su Yao said helplessly.

Lin Xiao's eyes widened in disbelief: "How could this happen? We have done so much preparation before!"

The children watched their parents' anxious expressions and stayed quiet and sensible.

Lin Xiao immediately held urgent consultations with his partners, trying to find a solution.

"Mr. Lin, there is nothing we can do about the current situation. We can only wait for the policy to become clear," said the partner.

Lin Xiao was unwilling to give up like this: "Can we adjust the direction of cooperation first and find other breakthroughs?"

After some discussion, they decided to temporarily shelve the original plan and turn to developing other related products.

However, developing new products requires a lot of reinvestment of funds and manpower.

"Lin Xiao, the company's funds are already very tight. Is it okay to take such a risky investment?" Su Yao said worriedly.

Lin Xiao's eyes were firm: "This is our only chance, we must give it a try."

In order to raise funds, Lin Xiao and Su Yao ran around, borrowed money from relatives and friends, and even considered selling some assets.

"Lin Xiao, I'm really worried. If we fail this time, we will really have nothing." Su Yao's voice trembled a little.

Lin Xiao held Su Yao's hand: "Don't be afraid, as long as we don't give up, there must be hope."

With their efforts, they finally raised enough funds and the research and development work progressed with difficulty.

"Lin Xiao, we encountered some technical difficulties during the research and development process, which are difficult to overcome in a short period of time." said the R&D manager.

Lin Xiao was extremely anxious: "Invite industry experts at all costs and solve these problems."

Just when they were doing their best to solve the technical problems, bad news came from within the company.

"Lin Xiao, several core employees have resigned because they feel the company's prospects are unclear," said the HR manager.

Lin Xiao said angrily: "Find a way to keep them. We can't let the talent drain away."

But no matter how hard they tried to retain them, some employees still left the company.

"Lin Xiao, this is too much of a blow to us." Su Yao said.

Lin Xiao gritted his teeth and said, "It doesn't matter. We can handle it ourselves."

Just when they were having a hard time, their competitors launched new products and further seized market share.

"Lin Xiao, what should we do?" Su Yao almost collapsed.

Lin Xiao took a deep breath and said, "Don't panic. Let's develop new products first, and then find a way to deal with it."

After countless days and nights of hard work, the new product was finally developed successfully.

"Lin Xiao, will it succeed this time?" Su Yao asked anxiously.

Lin Xiao's eyes were firm: "I can do it!"

However, just as they were preparing to bring the new product to market, they encountered unexpected obstacles...