Episode 165. If you are around me.
Daewon-hyung held out a newspaper.
“Look at this.”
After hearing that, I received a newspaper, and it was all in Japanese.
“..this is a Japanese newspaper. I don’t speak Japanese very well…”
The older brother smiled and held out the paper again.
“This was translated by the secretary’s office, please read it.”
“It turned out that Yoon Myung-ho, who was the first Korean to win the pride competition title, was sponsored by Kang Jae-woon, the representative, after gathering for four years right after graduating from high school.
A businessman with an outstanding eye, this time he even raised a martial arts champion, demonstrating that his eyes are not limited to business.. (omitted)
After reading the article, I laughed cheerfully.
“Honestly, I didn’t support Myungho knowing that he would become a champion. The interpretation goes like this.”
“I know. Perhaps because of that, sales of related products such as D-Tab and MP3 players in Japan have increased significantly. nice! you have a real suit How can there be no ordinary person among your friends?”
“They say it’s close-knit. Because I am special, the people around me also become special. haha.”
Daewon-hyung, who had been contemplating my words, pointed to himself.
“..Then am I a special person too?”
“Absolutely. From the shopping mall business to the current S-Project, there is no place that you cannot reach for important business. One of the people who is leading the global IT industry right now is my brother.”
“Well, yes.”
“When I first met my brother, he was an ordinary person, but now he is not. Except for me in the world, he’s probably the person he knows best about tablet PCs.”
Daewon had a confident expression on his face as if his older brother had realized it.
“I think I have grown quite a bit. Thanks to you, I became a special person too. haha.”
“Yes? Because it’s all around me. haha.”
On behalf of Executive Vice President Lee Min-hyung, who was transferred to the corporate head of the American corporation, Executive Vice President Ki-hoon Cha, who took charge of the development team, was reporting on the development of a new 45nm (nanometer) process.
“We succeeded in realizing a circuit with a line width of 45 nm by using the immersion technique of immersing the laser lens in water, as suggested by the CEO. However, since the devices are getting too small, even if the process is shaken even a little, the devices stick together or there is a defect that causes leakage current, so we are currently looking for ways to improve it.”
This was a common problem whenever I reduced the line width.
There was no way to solve this problem at once.
Just as animals and plants evolve in response to climate change.
This is because the whole process was a process of adapting to the new environment.
However, in order to catch up with the process quickly, there is no other choice but to keep putting in development samples.
In the case of TM Foundry, it was advantageous over other competitors in that it was continuously building new lines.
When new equipment comes in, you have to set it up anyway, because we were able to do both setup and development tests at the same time.
“Chief Manager. Right now, our US and Korean subsidiaries are expanding lines at the same time, right?”
“Divide the entire process in two and conduct development tests for half in the US and the rest in Korea. We share the test results with each other every day and reflect them when planning the next process test conditions.”
Manager Cha nodded.
“Five! That would save a lot of time.”
“By now, competitors must have started developing the 90nm process. Before that is over, we have to complete the 45nm process one step ahead. In the foundry industry, we are still very young. If we don’t maintain a technological edge over our competitors, we’re going to go back to where we didn’t exist in an instant.”
“Going back to the past… just thinking about it is creepy. We will work closely with the US subsidiary to shorten the process development period as much as possible.”
“yes. If there are any problems, please report them immediately.”
“CEO. 100% of the shares of Baekwoo Motors, all of them belong to Damoye, and the paperwork process has been completed neatly. You have finally acquired one of the three largest automobile companies in Korea. Congratulations!”
“thanks. But there is still a long way to go. Even if it’s one of the three largest automakers, there’s a huge difference from the previous two. ”
“Isn’t it just a matter of time to catch up with them anyway? If you have the confidence to do so, you must have acquired it.”
“haha. Director Lee now knows me quite well.”
“It has been two years since I met the CEO. You just have to know that. Then, when would you like to have a meeting with the executives of Baekwoo Motors?”
I looked at the calendar once and answered.
“It would be nice in two days. Please hold on to that time.”
The conference room of the headquarters of Baekwoo Motors.
After briefly exchanging common names with executives including plant managers.
I glanced at their faces for a moment.
‘Hmm…they don’t seem to have any major problems with the human resources structure or the company itself, but you’re saying that the market share is around 10%?’
I asked CEO Woo Gwan-ho, who had led the company until I took over Baekwoo Tea.
“Oh, boss. I’ll ask you frankly. Now, what is the obstacle that is holding the white cow to go beyond the highland and Jina cars?”
President Woo hesitated for a moment before answering.
“..it may be obvious, but the most pressing need is funding. We need to attract customers by launching a proper new car, but now there is no development cost, so we are releasing the old model little by little as a new model. As a result, they are being neglected by consumers.”
“Within this month, 300 billion won will be provided directly. Would this be enough?”
President Woo’s face brightened.
“With 300 billion won, it is enough to make a decent new car, one for each SUV and one for passenger cars. But were you really able to support 300 billion won?”
“Damoye, the parent company of Baekwoo Tea, has a monthly net profit of over 1 trillion won. Besides, there is Yuhwan Bank as an affiliate, so 300 billion won is nothing.”
President Woo’s mouth was half open.
“..Last year’s Gowon and Jina Motors’ annual net income was about 2 trillion won, but… the monthly net profit is over 1 trillion won?”
“Right. So, don’t worry about the money and just focus on developing new products.”
President Woo said with an expression of excitement.
“Before I step down from this position, I am sure I will be able to meet the owner who says this… I will surely create the best new car and revive the CEO’s expectations.”
“yes. So, are there any other issues other than money? Even a small problem is fine, so please tell me.”
“There is one more problem. However, this is something that all of our competitors have, but…”
I see what you’re trying to say.
“Are you talking about the union?”
“Yes. Every year, during the wage negotiation season, strikes are enforced for wage increases and bonus payments, and even the models and quantities produced by each factory assembly line are meddled. Time is of the utmost importance when developing a new product, and production staff on the development product assembly line often deliberately delay the assembly schedule for overtime pay, and the requirements from the development team are often not followed. There are many other problems, but this is not just us…”
“I know what you mean. President Woo, will you make an appointment with the union chairman? I want to talk to you.”
“Um… I’m not a good talker, are you okay?”
“yes. They are people who will continue to go together in the future anyway. Wouldn’t it be good to waste time?”
Even with my words, President Woo still had a worried face.
“…Yes, but…I see. We will arrange a meeting with the union president.”
The conference room at the headquarters of Baekwoo Motors.
I sat facing the union executives wearing red headbands that read Unity and Struggle.
They looked quite hostile from the start.
I opened my mouth with a calm face.
“hello. I am Kang Jae-woon, the representative of Damoyeo, who took over Baekwoo Tea this time.”
The union leader replied bluntly.
“I am the chairman, Dae-soo Yoon. Dear, I am well aware of what you have seen and heard in the media, but since you are a business owner, there is no big difference between you and other chaebol owners. You seem like a smart person, but don’t try to entice us with nonsense words. Even if we look ignorant, we know everything.”
“I have absolutely no intention of cheating. What I’m suggesting is that it’s a kind of fair deal to give and take.”
“Everyone is saying that here. But I’ve never seen anyone make a really fair offer.”
“Whether it’s fair or not, you hear it and you’ll know. First of all, my request is that you actively cooperate with the company’s policies. Then we ensure that all employees are hired.”
Yoon Dae-soo snorted.
“Are you actively cooperating with the policy? Doesn’t that mean just follow it like a machine without saying anything? From that point on, it sounds like nonsense, and it’s a reward, and it’s kind of like the proposal. Of course, you say what you should do as if you are giving a benefit, but it is the employees who have created this company. It is impossible to throw away even one person. It would be disappointing if you came up with such a proposal.”
“Then how about this? We did a simulation on how to normalize white cow tea. The result was an investment of 300 billion won and layoffs of 40% of our employees.”
Yoon Dae-soo’s face hardened.
“You mean 40%? What nonsense is that?”
“It makes sense. The debt accumulating on the white cow is now about 1 trillion won. Are you going to pay the debt back for the chairman?”
“Why us? Isn’t management failure solely the manager’s responsibility?”
“You say the employees are the ones who made this company? Then the employees are also responsible.”
Yoon Dae-soo didn’t answer my words for a while.
The man next to him opened his mouth.
“Stop playing with words. The plan is made by the management and we just followed it. It is nonsense to ask us to take on that responsibility.”
“Then, even when the performance was good, the management is solely thanks to the management, so there is no need to pay the performance bonus, right?”
“That is different. That good performance also includes the efforts of the employees, so you have to pay a fair price.”
her…
If it’s bad, it’s your fault, if it goes well, it’s my fault.
It was a typical sub-tenant takeover mindset, thinking only in one’s own vantage point.
“Anyway, 6,000 of the 15,000 employees would have to be laid off due to company circumstances, but I will be responsible for hiring everyone. The additional cost is only 30 billion a month, and that 30 billion is out of my pocket.”
A 40% layoff was impossible anyway.
Public opinion will seep into criticism, and pressure will come from the government.
And if the business goes according to my plan, I would rather increase the number of jobs.
It was necessary to secure employment.
Yoon Dae-soo smiled coldly.
“Stop being sarcastic. That money is, of course, the responsibility of the CEO at the time of taking over the company. If you don’t like it, you shouldn’t have taken over.”
Whoa… this person has no intention of negotiating.
Then there’s nothing you can do
“Chairman Yoon. You’ve been insisting that it’s your right to receive my money, but the conversation is not progressing. I understand that you have no intention of negotiating, and until you have the desire to do so, the Korean factory will ban overtime and overtime work.”
Because overtime and overtime pay accounted for a significant proportion of the salaries of production workers.
If there are no overtime and overtime work, wages will decrease as a result.
Yoon Dae-soo hardened his face and said.
“Who do you want?”
“It’s my heart. Because this factory is mine.”
Yoon Dae-soo made an absurd expression on his face and then bit his lip.
“Then the union will go on strike indefinitely.”
“Do whatever you want. Strike is a union right, so it can be exercised of course. Just keep in mind that wages will not go out during the strike period and overseas factories will continue to operate. And you know? It’s a big business. Whether the strike is a year or two, I can afford it.”
If the Korean plant stops, there will be a blow.
There were many factories abroad, so it was possible to operate the white cow tea somehow.
If I did not correct the uncooperative attitude of the union on this opportunity, there was a high possibility that my management rights would continue to be infringed, so I decided to go strong.
