The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1147



Only Noblemtl

1147.

After meeting Chairman Choi Yong-wook, Vice President Yoo Jin-sik felt confused.

He thought that the KM Group restructuring might not have been intended from the beginning.

It’s called pruning.

Even though it was a company, it could not psychologically torture its employees.

‘Restructuring is a good idea. But would they really have gone that far?’

When Manager Yoo Jin-sik felt that the environment here was not simple, he gathered the existing employees and moved together.

It was a difficult office environment to understand, but it didn’t seem so strange here at the moment.

Because I recommend that you form a team and move together.

There was even a post on the bulletin board looking for teammates.

It is about those who are of similar minds coming together.

Besides, since we shared an officetel, there weren’t many problems.

Rather, Director Yoo Jin-sik was astonished at this environment itself.

‘Did Director Choi Min-hyeok prepare for something like this in advance?’

If so, the next step would be to put out some cards.

He was nervous about the team meeting that came down suddenly because more than 10 Optis employees had already heard the rumor and jumped in.

But surprisingly, the person who appeared in the conference room was Director Choi Min-hyeok.

“…!!”

Chief Eugene Sik jumped up from his seat like a new soldier standing before a corps commander.

The same goes for other personnel, including Deputy Director Lee Dong-soo.

They stood up like newly-minted soldiers, chatting away.

Director Choi Min-hyeok sat down and encouraged the new recruits like a corps commander.

Fortunately, they sat down carefully, knowing Director Choi Min-hyeok’s personality.

“Enough with the brief greetings, I’ll take your questions first. I’m sure you have something to say, so let’s get started with that first.”

Chief Eugene Sik looked at the others. They were all too nervous to speak. He hesitated for a moment, but eventually he himself stepped forward.

“… We are employees of KM Group affiliates and have already been restructured. To be honest, we are also responsible. The company’s sales have decreased because we did not do our jobs properly. So why are you trying to bail us out now?”

To be exact, it is the reason why they give work to someone who has been laid off due to restructuring.

I wanted to know if they were simply providing some funds for welfare purposes or if they were seriously working on a new business.

Director Choi Min-hyeok had already decided on a major direction after receiving criticism from Chairman Choi Yong-wook, so he spoke as if he had been waiting for this question.

“First of all, it is true that there is a problem with some of you. No, to be precise, it is a problem with the management of Optis. Furthermore, the problem is with the group that expanded the business in an octopus-like manner.”

The point is that responsibility is not the sole responsibility of the employees.

But the problem was that they weren’t doing their job properly due to internal power struggles.

In reality, no officers or employees with such responsibilities appear here.

They were completely excluded.

‘Why can’t I see Director Kim Il-soo?’

Manager Kim Il-soo, who always picked on me when I was at Optis.

He used management to his advantage to block his projects.

Because of this, projects that were progressing smoothly often ended up disappearing overnight.

Chief Yoo Jin-sik stuck out his tongue again. Director Choi Min-hyeok didn’t just give it away. However, there was still a problem.

“…Wouldn’t it be better to just hire a new employee?”

Director Choi Min-hyeok still smiled brightly.

“Because you guys didn’t give up.”

It’s a story I’ve told before.

But when it came out of his mouth, it meant something different.

“yes?”

“When you run a company, there are always going to be problems. It’s really hard. It takes patience and determination to overcome those times. It’s hard to verify that through an interview. But you are primarily a proven talent. It’s just that the company management made mistakes that we couldn’t help it.”

“… … .”

Manager Yoo Jin-sik was about to say that it was only for that reason, but then glanced at another employee. Those who remained here certainly had patience.

Director Choi Min-hyeok added one more thing.

“The capital is abundant. The technology is sufficient. But it is hard to find a farmer who is patient enough to sow the seeds. We cannot afford to waste years trying to verify it again.”

“… Oh, I see.”

Only then did Director Yoo Jin-sik realize the reason for the benefits he had been given. If what Director Choi Min-hyeok said was true, then he would be able to create that much added value.

Director Choi Min-hyeok made that point clear.

“Please follow the instructions for now. Find the people you like best. By the way, I would like to talk briefly about the game you are reviewing.”

The game source code that Manager Yoo Jin-sik received while receiving training was a defense game. Although the outsourcing company did a good job making it, there were many distracting parts.

He pointed that out because he had set a goal of creating an app ecosystem.

“There’s no need to make it complicated. Users are just trying to relieve stress. So try reducing the source itself. Make the functionality simpler.”

Choi Min-hyeok’s explanation was different from what the existing partners had said.

He pointed out specific and essential parts.

Thanks to this, the amount of course sauce to reduce has increased.

The work period had to be shortened even further.

“… … .”

Director Yoo Jin-sik tilted his head at Director Choi Min-hyeok’s detailed explanation.

It wasn’t a difficult request.

But this source is said to have failed, so I wondered if it had any meaning.

“…All right.”

“For this, I’ll introduce a development tool. It’s not much different from what you use.”

However, Vice President Yoo Jin-sik also met with Chairman Choi Yong-wook and realized that this was a different atmosphere from before. Furthermore, this was his last chance. Whether he liked it or not, he had to stick to this.

***

What Director Choi Min-hyeok showed along with the explanation was very simple.

Development environment tools.

To be exact, it was an improved version of the program he had been using.

It was an application development tool for KM Electronics’ MP3 player.

The development tools developed in the early days had many problems.

In particular, it was not easy to apply because the hardware environment was small.

The problem there was the unstable nature of the feature.

I’m talking about the problem of passing out or something like that.

Although the partner company initially used the development environment with patience, the results were not very good.

Here’s a bonus issue with KM Electronics’ MP3 player.

Even as the development environment and hardware environment changed significantly, market demand did not revive.

No, it was quite the opposite.

It was accurate to say that KM Electronics’ player was buried as MP3 player developers proliferated like mushrooms.

There was also the fact that Director Choi Min-hyeok did not necessarily invest capital here.

Because at the time, all he wanted was an MP3 player market ecosystem.

But now things are a little different.

Now, the MP3 industry ecosystem had been created to some extent.

Here, Sehan Electronics and Nintendo began developing IPS-LCD type.

Not only domestic Korean companies, but also other overseas companies were involved in development.

The market has grown rapidly.

“What you are looking at now is an environmental tool targeting the LCD type market.”

Manager Yoo Jin-sik, who had already experienced this to some extent while receiving in-house training, stuck out his tongue.

However, I didn’t know that it was a development tool.

“… Did you develop it yourself?”

Director Choi Min-hyeok smiled brightly.

“All environments, including the compiler environment, were developed by our own staff.”

“oh my god.”

Developing development tools is a slightly different matter than simply developing an app.

Because while receiving training, Director Eugene Sik kept wondering how he could create something like this.

Director Choi Min-hyeok smiled brightly.

“I think you’ve gotten the general idea now. Please give it your all. In fact, I wish the outsourcing company had said they would continue, but they didn’t. That’s a shame. I didn’t think that would happen.”

He had a look of regret on his face, grumbling.

Although he is known to have been successful in every field so far, this was not the case.

That’s what app development was like.

The timing was just bad.

‘I guess I should check it out.’

***

After the meeting, Director Choi Min-hyeok went to see the planning team.

What he wanted to check was KMP-02A.

KMP-02A was a product created for the purpose of targeting the domestic market.

I thought it was competitive because it had quite a bit of new technology.

But when the planning team brought up this issue, they spoke cautiously.

“There is a flood of low-cost MP3 players from other companies. I think we have been looking into this issue a lot in sales and marketing.”

However, at the time, Director Choi Min-hyeok focused more on the Plims and Ani platforms due to the smartphone planning.

There were various things that happened.

It worked.

Because demand for shares in the newly established Plims corporation is overwhelming.

But there was one problem.

Low-cost MP3 players had just flooded the market.

Apple’s KMP-02B can be linked to Colin Mac and communicate with other Apple devices. The software was already prepared to some extent.

But the situation was a bit different for KMP-02A.

Even if artificial intelligence is included, it’s still a problem.

Although this is convenient, the problem is that the price difference is more than 200,000 won.

Moreover, the LCD screen was so small that it was not competitive at all.

Only then did Director Choi Min-hyeok recall that he had not been able to make a decision on this matter because of Plims. At the time, he thought it was not important.

‘It was because of the app ecosystem.’

This was the fundamental reason for creating the KMP-02A in the first place.

He didn’t think there was any reason to sell this product.

“What happened to Chief Choi Byeong-yeon?”

Team Leader Jo Seong-don spoke carefully while watching Director Choi Min-hyeok’s expression.

“Our planning team coordinated it. The app ecosystem itself is the purpose. We don’t have to create it ourselves.”

“… I see.”

This work was really unimportant compared to the development of Plims.

LCD type MP3 players were fine as a transitional measure.

Because the technology used in the KMP-02A has already been incorporated into LCD type MP3 players.

‘So the new information MP3 player is the KMP-03 version after all.’

Choi Min-hyeok didn’t bother to ask about responsibility by bringing up the past events.

This was a failure in its own right, but it wasn’t exactly a bad thing.

Team leader Jo Seong-don pointed that out.

“The reason our royalty income skyrocketed is because we didn’t make any MP3-related devices. We felt uncomfortable with products that competed with us.”

“So that’s why royalty income has skyrocketed.”

“The surge in IPS-LCD sales is also a factor.”

“…yes.”

After hearing the story, Director Choi Min-hyeok didn’t take it too seriously.

Because what’s really important is from now on.

The current view of the app ecosystem is not so good.

Even Team Leader Jo Seong-don here is shaking his head at this.

“… Let’s not mention this any more. Instead, focus on managing those who have been assigned to the training center. Things are different now, so it’s not something you can do or not do. You have to do it!”

“…yes.”

***

Director Choi Min-hyeok wasn’t specifically targeting game consoles. He just thought that in order to dominate the MP3 player, or rather smartphone app market, he needed to do some preliminary work.

He further changed his mind when he saw that the MP3 player market was growing faster than in his previous life and that IPS-LCD mass production was accelerating.

Because we can make the most of human resources like Manager Eugene Sik.

Plus, the app ecosystem is a bonus.

If we could monopolize this market, we could make huge profits.

‘Not bad for a future roadmap for KM Electronics.’

That’s why he wanted to meet with Director Choi Byeong-yeon to discuss the issue of mass production of LCD type MP3 players.

But there was no need for that.