The Bottom of a Large Company Does a Good Job - Chapter 299
Only Noblemtl
Episode 299. Emergency Board Meeting (1)
The mood at the board meeting was quite chaotic.
This is an unexpected emergency board meeting.
Taesung Construction has not held even a few regular board meetings, let alone an emergency board meeting, in the past several decades.
Of course, a board meeting is held when there is a business report or important business.
But as you can see from the faces on the board, most of them are faces you often see at executive meetings.
When something important comes up in a company, you can hold an executive meeting or a headquarters meeting instead of a board meeting.
Because the large framework of the board of directors includes executive directors, managing directors, general managers, and CEOs.
A general manager is not necessarily a director, but there are people who hold both the position of director and general manager.
But why are the members of the board of directors and the executive committee different?
It was because of people who only held the title of director without doing any actual work.
This is the faction that Jo Mi-hyeon is in charge of.
They were not given important titles like managing director or executive director, but they were still directors.
A director who only takes up space and does not have any practical role.
It was natural for them to huddle together whenever a board meeting was held.
The central seat was occupied by CEO Kim Heung-min, and the atmosphere on both sides was sharply divided around him.
“Did you hear what happened?”
“No… … It looks like there’s work to do since the vice president called us in.”
“The boss didn’t say anything either, so what?”
On one side, Jo Mi-hyeon is the only director whose name is on the list.
“I’m so busy, why are you calling me at 9 in the morning? What’s on the agenda?”
“The board of directors can be called without an agenda.”
“I’m going crazy. You don’t know how the company works, so you’re acting like that. The work is piling up.”
“I also have a payment to make.”
On the other side are the working-level staff you often see at executive meetings.
At first glance, it may seem like the working-level staff has more influence, but these two forces are equally powerful.
It was a very bizarre balance of power, and it was exactly what Jo Mi-hyeon intended.
Directors are elected by the general shareholders’ meeting.
Most of the friendly shareholders with large stakes are on Jo Mi-hyeon’s side.
Thanks to this, the faction’s directors were able to speak out loud even though they had no real power.
Because he has power on his back.
That doesn’t mean the working-level staff were powerless.
They are people who rose to this position through their abilities in the Taesung construction project, which was dominated by strong factions.
Those balloon-like directors with only one back could be boiled and roasted as many times as they wanted.
A tight balance was maintained.
If there had only been factions, Taesung Construction would have failed long ago.
If the working-level staff had been more dominant, Cho Mi-hyun’s faction would have been ousted long ago.
Jo Mi-hyeon’s unique management style was to maintain balance without leaning to either side.
But it was inevitable that the two forces would become estranged.
No, rather, that was what Jo Mi-hyeon intended.
Because we have to fight each other to try to look better to Jo Mi-hyeon.
But today, both sides felt that the situation was not normal.
This is because the person who called the meeting was none other than the vice president.
Three weeks ago, there was an incident where 10 salary thieves were swept away at once.
After that, the vice president started coming to work and started showing his face little by little in the workplace.
There was no one who didn’t know what that meant.
Even the working-level staff noticed that something was happening within the faction.
In the midst of all this, a board meeting was suddenly convened.
‘Are the two of them fighting?’
The scope of the board’s work, and the conduct of the vice president who has been at the company for three weeks.
There was only one thing I could guess when I saw the anxious look on the CEO’s face as he sat in the chairman’s chair.
The vice president is trying to oust the president.
Both the faction side and the working-level staff looked at the president in silence.
You could tell just by looking at him that he was anxious.
“When on earth is the vice president coming?”
The person who had actually called the meeting was nowhere to be seen.
Since the agenda was not disclosed when the meeting was called, no one here knows why we are gathered here.
So I just sat there helplessly.
“If you don’t come in five minutes, we’ll just leave.”
Managing Director Cho In-chan frowned and spoke as a representative of the working group.
In fact, the construction headquarters manager was looking at his watch and getting impatient.
The company is very busy right now.
The company received a mountain of orders due to its sound image, which was the only one in the industry.
Some construction has already begun and some places have formed teams.
The company was at a point where it was worried about having to hire new people even after fully utilizing its available manpower.
In the meantime, I was angry that I was wasting time from the morning.
The staff looked at the directors on the other side.
Then the faction directors looked at each other.
It was when the president wiped his face with his hand as if he had a headache.
The door burst open and the vice president came banging in.
It was a dignified appearance.
“Everyone is gathered here.”
At those words, all the staff members looked moved.
As I was about to say something, the vice president raised his hand and stopped me.
“The reason we gathered here today is to inquire about the suitability of the CEO for his duties.”
Both the faction and the working-level staff looked at each other as if they were wondering what was going on.
The boss had a look on his face like, “Well, that’s right.”
“Suddenly?”
The staff wasn’t very pleased with the president from the beginning.
Because it is definitely a status quo or possible parachute.
But I couldn’t just be purely happy.
The president and vice president are from the same faction.
But the vice president mentions the president’s abilities?
The vice president must have rebelled.
The faction directors were equally bewildered.
The president and vice president are like the heads of their respective factions.
Why are those two fighting?
Where should they stick?
Someone among the standing directors shouted.
“What about your wife? What did your wife say?”
It was the limit of the factional side’s director.
They can’t decide anything for themselves.
You can’t even decide.
Everything has been moving according to Jo Mi-hyeon’s will.
I’ve never thought of a situation like this before.
The directors each shouted.
“That’s right! Your opinion is important!”
“Did you have any word to say to the boss?”
The staff frowned.
It’s strange that the directors mentioned the president’s wife at a meeting where they were talking about replacing the company’s president.
I know the circumstances, but it was still incredibly frustrating.
“Okay, first of all, calm down. Sirs, let’s not call anyone who isn’t here. We need to keep our dignity.”
The chief calmly reassured him.
He’s not looking for his parents, he’s looking for someone with no title on the board of directors that makes important decisions about the company’s direction.
The vice president smiled at the staff.
He seemed to be saying that today, just for today, he was on the same side as you.
“That’s right. You, the directors, can think for yourself and make your own decisions. Do you think I would have mentioned the president’s suitability for no reason?”
Jo Mi-hyeon has completely withdrawn from management.
Then I wouldn’t care what you do.
From now on, both the president and himself are in the same situation where the string has been cut off.
Now that Jo Mi-hyeon is out of the cloud, it is the perfect opportunity to oust the president.
No, if not now, then I can’t get rid of the boss.
The fight has already begun.
It ends when one of you, the president or yourself, dies.
The vice president pressured the directors.
“Don’t you understand what I mean? Your wife is no longer involved in the company. We have to decide everything among ourselves.”
A shout erupted from the entire room.
“What does this mean?”
“You’re saying you’re stepping down from the company? Are you saying you’re giving up decision-making power completely?”
“That’s ridiculous. I’ll have to check it out myself!”
Someone called Jo Mi-hyeon, but the vice president did not stop her.
Nothing will change even if you call.
It’s true that Jo Mi-hyeon is letting go.
Even though Chae Kyung-jun didn’t know what she was saying, she was so hung up on, but Jo Mi-hyeon didn’t budge.
‘Then I have an idea too.’
The only good thing is that Jo Mi-hyeon has stepped away from everything.
If you don’t take the boss’s side, you have a good chance of winning.
Rather, I was thinking of using this incident as an opportunity to try Taesung Construction.
“Oh, that’s true. I just spoke to your wife and she confirmed it for me.”
One of the directors who had just finished talking said with a puzzled look on his face.
The board was thrown into chaos by something that had never happened before.
There have been many incidents and accidents this year, but the one that Chae Kyung-jun was involved in was a real one.
At least Chae Kyung-jun is suggesting a solution.
After all, everything he does helps the company.
But now this was literally a dispute over management rights.
It was a fight over who would take over the company.
Both of them looked at the boss in confusion.
‘Huh? You’re unexpectedly calm?’
I thought he would be flustered by this new situation, but the boss just smiled bitterly.
Although he seemed nervous, he was far from panicked.
Managing Director Cho In-chan asked on behalf of the company.
“Sir, did you know that?”
The president answered with a face that was a mixture of regret, impatience, and laughter.
“yes.”
The directors became even more confused by the president’s answer.
You knew that?
But the directors didn’t do any groundwork?
Was the boss really that stupid of a person?
No, but why are you so calm when your own neck looks like it’s going to be blown off?
The managing director sorted out the board of directors, which was descending into chaos.
“I think everyone is flustered because this is their first time, but what’s important now is that the directors here have the power to decide, and that the vice president has questioned the president’s confidence.”
The management’s organization was neat.
The string snapped, which meant that the people here would soon have to think and decide.
The faction directors made strange expressions.
I have no strength now that my back is gone.
Conversely, the line was cut, so the decision-making power was created.
Now I have the opportunity to work as a real director.
Instead of being a puppet or someone’s puppet, you can now participate in practical matters.
I had the thought that I might get cut and the thought that it was an opportunity at the same time.
“You may have other thoughts, but let’s deal with them later. Let’s solve the problem at hand first.”
The directors came to their senses.
Instead of the president, the managing director served as the chairman of the board.
“Vice President. First, let me ask you the reason and basis. What is the reason why we should have no confidence in you, President? And is there any basis for it?”
The vice president snorted.
“Do I need to say anything? It’s something everyone already knows.”
“hmm…….”
There was a murmur of silence here and there.
The boss is definitely not clean.
Now that Jo Mi-hyeon’s will was gone, there was nothing left to protect the president.
The managing director, who was looking around the room, pointed out sharply.
“Isn’t that the same thing for you, Mr. Vice President?”
The vice president wiggled his eyebrows.
“This is a board meeting to vote on your confidence as president. Please speak only about the agenda.”
The manager did not back down easily.
At least the staff was not easy enough to be pushed around by the vice president who didn’t even show up to work.
“Vice President, you have been absent from the office many days. What have you been doing for the past year? Have you had any duties as Vice President?”
“That’s right!”
The staff agreed.
The vice president was a little taken aback by the different flow of events than he had expected.
Because I hadn’t been to work for so long, I had forgotten what kind of people the executives were.
But he had no intention of backing down.
Because this place was already a cliff.
“Going to work is not the only job. The reason Taesung Construction has been able to maintain peace without any troubles so far is because I have encouraged outside personnel. The safety and maintenance of the company are also important duties.”
The vice president’s contribution itself could not be denied.
There are quite a few people who can’t set foot in the company due to external work or business trips.
Even Executive Director Cho In-chan is busy with external schedules, so isn’t it difficult to see his face at the company?
As the directors nodded, the vice president continued to speak with momentum.
“What have you done so far, sir? Have you had a vision for Taesung Construction for all these years? You have just kept your position. On the other hand, I have done my best to support the company behind the scenes.”
The vice president growled.
“You choose which of the two will remain.”
The staff looked at the vice president silently.
It seems that the opposing faction’s directors are calculating which side they should fall in order to survive.
On the other hand, the working-level staff seriously considered the matter from an executive perspective.
Since neither of them like it, it doesn’t matter who leaves.
But this situation was so strange.
It is possible for a president and vice president to have conflicts.
But the president’s behavior was strange.
If it were a boss they knew, they would have been scared or embarrassed and tried to make excuses.
The president hasn’t uttered a single word of rebuttal until now.
As if there was a back.
‘But you said your wife let go.’
The manager crossed his arms and asked.
“Do you have anything to say, sir?”
The president, who had been silent the whole time, looked up at the ceiling and sighed deeply.
It seemed to convey a different meaning than being pessimistic about one’s situation.
“Because it’s not something I can decide.”
Are you saying you will follow the board’s decision?
Even so, I guess I’ll have to make an excuse.
The moment the manager frowned, he realized why the president was so relaxed.
-dripping.
A smile appeared on the president’s face.
He stood up with a cheerful face and said.
“Come in!”
The one who opened the door and came in was a young man who was well known to the staff.
He bowed politely and then, contrary to his usual polite and courteous demeanor, asked the vice president a challenging question.
“Isn’t it the same for the Vice President?”
A sinister smile appeared on the young man, Chae Kyung-jun’s face.