The Bottom of a Large Company Does a Good Job - Chapter 258



Only Noblemtl

Episode 258. Family Meeting (1)

No one wants to bring work home to do.

But in some households, any family gathering inevitably degenerated into an executive meeting.

One of them was the Chae family of Taesung Group.

“It’s almost time for the shareholders’ meeting. Is everyone ready?”

Especially at the dinner table, I didn’t want to hear things like that.

The family members flinched and stopped eating their spoons at the words of the old man sitting at the head table.

March shareholders meeting.

It’s a big event that happens once a year.

Especially for large corporations, there were a lot of things to prepare for with great care.

“Of course it ended.”

The one who answered coolly was Baek Hwa-seung, the chairman’s wife and president of Taesung Department Store.

She rolled her eyes, as if she was tired of talking about work while eating.

But Baek Hwa-seung knew her husband well.

The chairman was a workaholic who thought about the company whether he was sleeping or awake.

It was the same even then.

I thought he was quiet throughout the meal, not joining in on the conversation among his family. I guess his mind was somewhere else.

But Baek Hwa-seung loved even that side of her husband.

If you are the CEO of a large corporation, you should check things yourself rather than passing it on to your subordinates.

Because a company that has lost the chairman’s attention may leave his hands at any time.

‘I don’t like the idea of ​​Chae Tae-ik inheriting the company.’

Baek Hwa-seung stared at Chae Tae-ik, who was sitting right across from him.

It was our first family meal together in a long time.

Jo Mi-hyeon was now an outsider, so there was no reason for her to get involved, but Chae Tae-ik was still the chairman’s son and successor.

Chae Tae-ik’s position is solid, and the chairman doesn’t seem to have any intention of having a competition for successor.

However, I did not want to completely cut off my children’s hopes.

If you ever feel like running for the chairmanship, shouldn’t you be given the opportunity?

It’s better to try and regret than to give up without trying.

In that case, it would have been difficult for Chae Tae-ik to already be sitting in the chairman’s seat.

Baek Hwa-seung and Chae Tae-ik were sitting facing each other on either side of the chairman who was sitting at the highest seat.

Even though Chae Tae-ik could clearly feel his stepmother’s gaze, he was still moving his chopsticks without moving an inch.

‘It’s not fun.’

Baek Hwa-seung turned his head and looked at his two sons.

Chae In-ha was also sitting at the same table, but since he hadn’t yet taken on any position, there was no need to ask him.

“You guys? Are you ready?”

Taesung Duty Free Shop Vice President Chae Han-ik.

And Taesung Fashion’s executive director, Chae On-ik.

Although these two were not CEOs of their respective companies, they already had influence beyond that.

There may have been a separate CEO or team in charge, but how could they ignore the owner family?

Especially since an important event like a shareholders’ meeting is coming up, it was natural that those two would be in charge of the work.

In other companies, you can get reports from each company’s president, but for a company with an owner family, asking them was the fastest way.

“Our side has secured all the friendly shares. All the agenda items will be passed smoothly. What about you, Onik?”

Even though it was their first meeting in a long time, Chae On-ik didn’t look very happy.

He was openly glaring at Chae Tae-ik, burning with a sense of competition.

“Me too. Almost finished.”

The chairman flinched at Chae On-ik’s words.

“almost?”

The chairman was an unforgiving man when it came to company matters.

He opened his eyes.

“The general shareholders’ meeting is just around the corner, but you’re saying you haven’t secured friendly shares yet?”

Baek Hwa-seung let out a small sigh.

Chae On-ik, that was the problem.

The desire to take one’s older brother’s place is not a bad thing.

Because that also serves as a driving force for growth.

However, Chae On-ik did not hide his emotions and showed them openly, and sometimes made mistakes because he was caught up in his emotions.

Just like now.

The shareholders’ meeting is, of course, a big event.

There are quite a few people who want to use that stage.

So how should we prepare?

You just have to take control of the stage.

So that no one comes up on stage.

The fight is already over before the shareholders’ meeting is held.

Most of the subsidiaries of Taesung Group have already acquired friendly shares.

Although there were many stocks available on the market, not many people owned enough stocks to exercise a meaningful vote.

So, contact them in advance and try to recruit them.

These major shareholders also did not try to hold Taesung back at the general shareholders’ meeting unless they had other goals or it was a major mistake on Taesung’s part.

It’s been like this every year and it’s not that difficult.

The fact that such matters have not yet been resolved is what has angered the Chairman.

“Father, there is no need to worry too much. It is just that the National Pension Service, one of the major shareholders, wants to exert influence. I am trying to persuade them.”

“National pension?”

The National Pension Service was investing pension funds in various places and collecting dividend income.

Because the National Pension Service is a government-affiliated organization, it sometimes reflects the government’s will.

The fact that the national pension was moving like that was not a very good sign.

“What’s the problem? Do you want to change the management?”

The chairman wiggled his eyebrows.

If so, you should have reported it a long time ago.

Even if you solve it yourself.

It was a moment when the chairman’s anger was growing stronger.

Chae On-ik answered bluntly.

“It was a request to increase the dividend.”

“It’s a dividend.”

It’s quite possible that this could happen.

We all know that it is only a matter of time before the national pension runs out.

I want to make some profit.

If that was the case, there was no need to worry too much.

If persuasion doesn’t work, just raise the dividend a little and that’s it.

If you grant requests too often, it will become a bad habit, so you should compromise within a reasonable limit.

“Can you solve it?”

“Yes, of course. I will resolve it before the general shareholders’ meeting.”

Fortunately, that was the end of the company story.

The chairman turned his gaze to his youngest daughter, who was eating in the seat farthest away.

The youngest daughter, who loved him so much that she did not give him any position, did not say a word and just kept her eyes fixed on the table in front of her.

It seems as if the conversations around you have nothing to do with you.

Until now, I would have just happily looked at that sight.

But now, as the chairman, there was something I wanted to ask.

“Inha-ya.”

“ok?”

Chae In-ha looked surprised and raised his head as if he hadn’t expected to be called.

His eyes were wide open.

“How is Taesung Construction’s general shareholders’ meeting going?”

Gulp, the sound of Chae In-ha swallowing food without even chewing it was heard.

The other family members also looked at the chairman with puzzled eyes.

Although Chae In-ha works at Taesung Construction, he is a rank-and-file employee.

What are you asking when you have no say in the decision?

Normally, I would have asked back with a blank expression, “Why are you asking me that?”

But Chae In-ha tilted his head and fell into thought for a moment.

Baek Hwa-seung smiled when he saw that sight.

The youngest daughter, who had been raised so well that she knew nothing, was now trying to figure out the chairman’s intentions.

In this situation, the only person who didn’t understand what the chairman was asking was Chae In-ha.

The other three sons stopped using their chopsticks and waited for Chae In-ha’s answer.

Chae Tae-ik tried hard to hide his jealous eyes, and Chae Han-ik looked indifferent.

And Chae On-ik was looking at Chae In-ha with burning eyes.

Chae In-ha eventually came to his own conclusion.

“As the team leader, I decided to join the IR team. I think he’ll be on site at the general shareholders’ meeting. The construction president told me to sort things out because he thinks this general shareholders’ meeting will be a mess.”

At that moment, the three sons gasped.

There were several reasons.

The chairman didn’t expect a grand answer from Chae In-ha.

What authority would Chae In-ha have to know the progress of the general shareholders’ meeting?

Moreover, as the chairman, there is no way he would not have been informed of the general shareholders’ meeting situation of the affiliated company.

What he wanted to hear was the current situation of a certain young man.

However, I decided to ask in roundabout ways.

It was because I wanted to test Chain Ha.

As a father, I wanted to see how much my youngest daughter, who was ignorant of the ways of the world, had grown in intelligence.

Surprisingly, Chae In-ha understood my intention and gave me the answer I wanted.

‘My father, the chairman of Taesung, takes care of all the affiliates. He must have heard the report from Taesung Construction. Then, what you want to hear from me is not the progress of the general shareholders’ meeting. What was unusual about this general shareholders’ meeting? Oh, it’s about that person.’

Although it took quite some time, I was able to read Chairman Chae In-ha’s inner thoughts.

It was a tremendous development for the youngest daughter who knew nothing about management or strategy.

The chairman asked a question as if he was happy.

“How is it like to follow along? Is it fun? Or is it hard?”

This time I asked a little more kindly.

My beloved youngest.

One test was enough.

Now, as a father, I wanted to hear his pure feelings.

Chaina gulped down the water and then became serious.

“Dad, that guy is really amazing.”

“Huh?”

The youngest had a more serious expression on his face than ever.

He had this expression on his face when he said he wanted to go to Taesung Construction on his own.

“That’s what he said. People are divided into two types. Those who give orders and those who are given orders.”

“Hmm.”

The chairman nodded secretly.

With those words, the chairman knew what kind of person the young man was.

Chae In-ha started getting more and more excited.

“But he’s the kind of guy who really orders. He knows how to make people move, and where to move them. It’s amazing how he calculates things, but he actually does it.”

Soon, Chae In-ha’s eyes were filled with longing and yearning.

The older brothers looked at Chae In-ha with surprised expressions because it was the first time they had seen their youngest like that.

The only one who remained calm was the chairman.

“Really? Can you explain to me how he did it?”

Chae In-ha nodded excitedly.

“Yeah. Even if you don’t ask, explain everything to me. Why you moved like that, what you’re aiming for. Well, you don’t tell me in advance, you tell me after you move, but that’s not it. You tell me everything about your plan.”

Chae In-ha’s face was remembered.

“It feels like I’m being treated as a real colleague. Wow, that feels great. It’s thrilling.”

The chairman smiled happily.

“Really? What do you think of the plan? Do you understand?”

“To be honest, there are a lot of parts I don’t understand. Oh, let me say this in advance. It’s not that I don’t understand the explanation itself, but I don’t understand why such an idea came up here. I don’t think I would ever think like that.”

Everyone was listening with tense nerves, so it seemed like they knew what Chae In-ha was talking about.

This is because each person had their own information network, so I heard the general details.

A simple example is reconstruction.

Only this decision none of the three sons understood.

It was something he would never have done.

“So? Not so good?”

Chae In-ha returned to his serious face again.

But there was still a trace of longing in his eyes.

“I don’t know about anything else, but I know this one thing for sure: That person looks at something different from me.”

The chairman nodded and smiled.

“Yes, yes. You’re learning well. Keep following along and learn a lot from now on. That guy will become a pretty good manager.”

“okay!”

Baek Hwa-seung and Chae Han-ik looked at the chairman with expressions that said they knew this would happen, while Chae Tae-ik and Chae On-ik looked as if they had been hit in the back of the head.

Because I never thought the word ‘manager’ would come out of the chairman’s mouth.

It was almost like a declaration that I would one day hand the company over to him.

I thought he would become an executive someday since I heard he was Kwon Tae-ho’s successor, but he has already received the chairman’s recognition.

Chae Tae-ik and Chae On-ik’s eyes met in the air.

Chae In-ha might have answered without thinking, but it sounded different to them.

Follow along well.

That is, to make them your side.

‘It’s faster than I thought.’

‘It’s only my second year so I was thinking of taking it slow, but if it goes on like this I’ll have to secure it quickly.’

Chae Tae-ik and Chae On-ik’s heads began to swirl.

Chae Han-ik looked at the two brothers alternately and sighed softly.

The two of them were expressing their thoughts without hiding them.

‘I gave Taeik a hint, and Onik a role as a troublemaker. And if these two get together, he’ll naturally have no choice but to grow more.’

His father is a very greedy man.

Even if you leave it alone, it will grow on its own, but you have to give it a role like this.

‘That’s why Taesung grew into such a large corporation.’

I don’t know for sure, but from now on, that young man will be suffering from quite a bit of trouble.

Chae Han-ik wondered what role he could play in the role play his father had arranged.

There was only one answer.

‘I guess I have to help out if necessary.’

Chae Han-ik looked at his brothers who were fighting each other while drinking cold water.

The role is given to him by his father, but it is his choice who he will help.

And Chae Han-ik just chose that target.

‘I can’t let a good person get killed in a fight between whales. If I approach them right away, they’ll notice me, so I’ll have to talk to them through In-ha.’

The person he chose was a young man who was not present.