Structure Adjustment (1)
Cheonwoo Trading headquarters, located in Yangjae-dong, Seoul.
Since I live in Incheon, I don’t think I can base the Soo Group headquarters here. Unless I commute by helicopter, it’s impossible to get here from Yeongjongdo in an hour.
Still, I’ll have to visit Cheonwoo Trading from time to time, so I should consider buying a helicopter later.
Some reporters were gathered in the auditorium.
This means that the business world is starting to pay attention to me.
Should I announce the Soo Group here?
After the inauguration ceremony, I need to start restructuring and building the company.
I need to launch Soo Science and start selling Androids. Of course, if I just say I’m selling them, there are buyers everywhere.
Even if I charge a bit more, it seems like many will want them for various purposes right away.
Anyway, it’s better to use the company’s name than to sell them personally; that way, many problems won’t arise.
Reporters rushed in and asked.
“President! How is the Android business going?”
“When will it be commercialized?”
“It looks like you’ve started a chicken game [a situation where two parties engage in a dangerous competition, each trying to force the other to yield], is it okay?”
I think about a few questions for a moment.
I glance at Lee Seulgi.
She nods slightly. She’s telling me that it’s better to reveal everything here.
“Androids will be mass-produced soon. So, we are planning to establish a science company.”
“What is the release date?”
“It’s not far off.”
“What do you think about the chicken game?”
“I have no intention of yielding to any threats. I started a competition called a chicken game, but this is just about adapting to survive.”
“Do you think you will win?”
“I just told you. All I can do is adapt.”
“You’ve acquired and established several companies, is it becoming a business group?”
“I was going to talk about that anyway.”
“…….”
People’s attention is focused.
From the bottom to here.
It’s been quite eventful.
If I didn’t have a talent for black magic, I would never have come this far.
“I am renaming the companies I own to Soo. The name Soo will be in front of all companies, and I declare the Soo Group as of this moment.”
Rumble rumble!
The reporters have expressions that they expected this.
With this much technology, it would be strange not to succeed greatly.
Any black magician living in modern times would have thought about making money using this. And if they put it into practice, they would have no choice but to succeed greatly.
Above all, black magicians had undead that they could use for free. If used well, there is no greater merit than this.
“Then the signs…….”
It may be a somewhat minor issue, but it’s an important story.
There were more than 20,000 convenience stores and thousands of lunchbox stores. If the name is changed, the signs must also be changed.
If the headquarters supports it, it is a significant issue that costs a lot of money.
But that doesn’t mean I can manage the company haphazardly.
“Headquarters will support it.”
“Oh!”
“You are very generous.”
“If we pass on the sign replacement costs to the store owners in this difficult time, it will be even more difficult. There is some financial burden, but I thought that was the right thing to do.”
“That’s a great idea.”
“I’ll be leaving now for the inauguration ceremony.”
The reporters didn’t hold me back any longer.
I feel a little new.
It meant that the business was developing to the point where reporters were interested.
Step by step.
“…….”
Unlike the noisy outside, the auditorium was quiet.
Today is the day the CEO changes.
The surface reason was that the M&A was successful through a big deal, but no employee believed it at face value.
If it’s a really good company, it won’t be sold.
A company that is not in the red, but in a difficult situation to turn a profit.
If there is no change, it will eventually turn into a deficit.
I go up to the stage and look down.
The employees were looking at me with somewhat anxious faces.
I am taking office as the major shareholder and representative. In other words, there was no way to oppose my policies.
So, they have no choice but to be anxious.
“Nice to meet you. I’m Lee Yoosung. I think everyone is anxious right now. I’ll get straight to the point. Cheonwoo Trading needs restructuring now.”
“Ah!”
Rumble rumble!
The venue is buzzing.
You could say that they have expressions that what was coming has finally come.
Restructuring is difficult if it’s not now. That’s why I have to push ahead even if I get a little 욕 [a Korean slang term for criticism or 욕하다 (yokhada), which means to swear or curse].
“Everyone knows that it was a big deal, but it was sold because it was impossible to operate the company with a profit. I want to save the company through restructuring.”
From now on, people who only eat their salaries will be cut off. And talented people will fill those positions.
If vampires join the company through forged identities and fill the empty positions, the company could quickly turn a profit.
Of course, I exploit the vampires’ labor costs.
“As some of you may have heard, Cheonwoo Trading will be renamed Soo Trading. We will do our best to normalize management, so I hope you will cooperate. Thank you.”
I look at the executives sitting in the chairs right behind me.
“I will convene an executive meeting.”
People with faces like they’ve eaten poop.
Some people were going to Cheonwoo Group, but others were not.
More than half of the executives were people who could not go over to Cheonwoo Group. But that doesn’t mean I had any intention of leaving the old farts with high salaries in the company.
Cheonwoo Trading’s Sales Director Oh Segon gathered his forces before entering the executive meeting.
Politics is not only in the political world.
The company is a microcosm of politics, and it is structured so that you cannot be promoted without connections.
The times have changed a lot, and it is rare to openly give bribes and solicitations, but such things are happening secretly, and if not, there are plenty of people who want to use their connections to get ahead.
The executives have come this far through such politics, and the forces are divided under the name of ‘line’ [a faction or group of people aligned with a particular leader or ideology].
Who is whose line, that person is on that side, etc.
Depending on which line you take, your career path changes, so the executive companies had clear factions.
Director Oh Segon’s line had a solid lineup, but that’s only until today.
“Director. At this rate, we’re all going to get fired.”
Sales Department 1 Manager Han Jaecheol frowned.
A trading company is a continuation of sales.
Practical work was important, but they considered signing contracts and winning deals to be the most important value.
The sales department became bloated due to such influence.
The sales rate of trading companies is quite high. Especially in cases where the infrastructure is well-established like Cheonwoo Trading, it was easy to do business.
In other words, the performance according to sales was high, and most of them had high salaries.
Basic sales could be done even by new employees, so it was natural for executives to be anxious.
“They can’t fire everyone.”
“Didn’t you hear what he said earlier? We’re all going to get fired if we’re not careful.”
Rumble rumble!
The company’s representative has changed.
President Lee Yoosung declared restructuring under the pretext of turning the company into a surplus.
There was no way to stop him.
Cheonwoo Trading was not making a profit, but its management rights were solid. The infrastructure and sales lines were also solid.
In the end, if they just cut out the high-paid employees, the company could be successful.
There was no way the company’s executives didn’t know that.
“If it doesn’t work, we’ll have to bring the issue to the surface.”
“Bring the issue to the surface?”
“It’s exactly what it sounds like. We have to use the media.”
“Won’t that backfire?”
“Then should we just take it as it is?”
“That’s not it.”
“So, do as I say. First, let’s try to threaten President Lee Yoosung and find a way to survive.”
“Yes, Director!”
They resolved to do so.
They are saying that it is better to struggle than to be 퇴사 [to leave the company] like this.
Cheonwoo Trading, now Soo Trading, the conference room here.
When I enter, the executives stand up from their seats.
“Welcome, Chairman!”
“Hmm.”
The title is a bit awkward.
Leading companies of this size and being called chairman also felt a bit undeserved.
But since it was true that I was leading a business group, I had to get used to being called that.
“Everyone, sit down.”
I can still see the faces of people trembling with anxiety.
It’s a natural thing.
I said at the inauguration ceremony that I would restructure.
The executives’ expressions were rotten, and there was no one among them who was not subject to restructuring.
I look around the audience.
“Restructuring is inevitable.”
“Chairman! There must be a way! We can somehow make more profit. If you suddenly cut us off, we’ll be out on the streets.”
“I heard that scouts have come to other companies. Those who want to leave can leave.”
“Hmm.”
That’s true.
Unless it was a very high salary, they could consider changing jobs.
That was especially true of department heads.
It may be difficult for director-level employees to change jobs, but not for department heads. I thought I should cut them out and promote from within to fill the positions.
“I’ll give you some quiet advice. I advise those who do not have high performance to 퇴사 [resign]. If you retire now, I will take good care of you. But if you use tricks, politically slander, or try to play the media, I will 탈탈 털어 [thoroughly investigate and expose] until the end. This is an 권고 [recommendation] I give in my name.”
“Huh. 권고 [recommendation]! Isn’t that 협박 [intimidation]!”
“It can’t be helped to save the company.”
Gritting!
I cut out the old farts.
There were many people who didn’t do much but received their monthly salary.
They became executives by using their connections, and the company had no reason to cut them off.
This is what former President Lee Cheoljin was worried about.
Also, we need to cut out the highly paid sailors [employees who are only interested in their salary and benefits]. In fact, it was not difficult to have them change jobs. If we take care of them a little, they will easily change jobs. Soo Trading was not part of a large company like before.
But what about the executives?
Those who are going to Cheonwoo Group will leave easily, but those who are not will have no choice but to be in trouble.
They would have to change jobs with a lower salary than now.
Sales Director Oh Segon said with 역정 [anger].
“In the end, people make money. If you cut them all out like that, the company’s operation will be impossible!”
“I’ll take care of that.”