The Bottom of a Large Company Does a Good Job - Chapter 301
Only Noblemtl
Episode 301. Emergency Board Meeting (3)
Come to think of it, that’s what happened.
Looking back at what Chae Kyung-jun has said so far, it is clear that he has never told the vice president to leave.
He attended the board meeting with the help of the president, who is the chairman of the board, but his presentation was fair.
Not only the vice president’s data, but also the president’s dirty secrets were dug up.
The vice president started to get confused.
‘What? Come to think of it, why did you mention the president? Was it to get rid of the president too? No, then why did the president strangle his own neck with his own hands?’
The one who called Chae Kyung-jun was the president.
It was also the president who set the stage for him to speak without interruption.
Of course, Chae Kyung-jun’s breath was present during the process.
The boss only laid the groundwork after he noticed it.
Even so, the president was clearly happy when Chae Kyung-jun first came in.
So, of course, I thought he was on the president’s side.
‘Whose side is this guy on?’
If you look at the conversation so far, it is clear that the position of the team leader was to uncover corruption in the upper echelons.
Of course, Chae Kyung-jun showed that he didn’t like the vice president, but the same was true for the president.
The president also had a puzzled look on his face, as if the situation was different from what he had expected.
‘Wait a minute, so if you persuade him well, you can get rid of the boss?’
Wouldn’t it be more effective to convince someone else to cut it rather than trying to convince them not to cut it?
The vice president’s gaze changed.
“Is it not me or one of us that is the target?”
If the goal is to cut out just one of the two, rather than specifically targeting the vice president, the target doesn’t necessarily have to be the vice president.
Wouldn’t it matter if the vice president survives and the president gets cut off?
The president’s expression changed abruptly as if he understood what those words meant.
“This is different… … !”
I quickly covered my mouth, but I had already heard what the boss was trying to say.
People with dumbfounded expressions looked back and forth between the president and Chae Kyung-jun.
‘What the heck? It looks like one person is talking about the president and vice president.’
‘Those guys aren’t like that originally. How did they end up like this?’
Amid the confusion of the board members, the staff members who came across this amusing spectacle laughed.
“It’s so obvious who has the decision-making power. In that case, wouldn’t it be better for that guy to just sit in the CEO’s seat?”
It was a satire on the fact that the company’s top decision makers were obsessed with one young man.
The president and vice president frowned, feeling insulted.
Chae Kyung-jun just looked at the two without any disturbance.
It would be better to show at least some feelings of being pitiful like the staff.
There was no emotion in his eyes.
It’s an indifferent look, as if looking at trash right before it’s cleaned up.
Far from being persuasive, it was the first insult the vice president had ever received in his life.
He was sobbing.
This can’t go on.
Negotiation, not persuasion, is needed.
To do that, you need strength.
The vice president had something different from the president.
It’s the connections.
I thought I could use that to find a breakthrough.
The vice president spoke to the faction directors.
It was a second-best option, but at least it was much easier to convince them than Chae Kyung-jun.
“Gentlemen, now is not the time to be looking at things like that.”
The directors, who thought sparks had flown, were startled and looked away.
The vice president spoke in an even stronger tone.
“Team Leader Chae Kyung-jun doesn’t care what kind of person he is dealing with. Can’t you guess that he stormed into the board meeting to get rid of the president and vice president? If Team Leader Chae gets rid of me, who do you think will be next?”
The expressions on the directors’ faces changed to something serious.
“The reason you’re not messing with the directors right now is because I’m here. It’s more important to take down the vice president, the boss, than the small-time directors! Then, if I disappear, will that team leader leave you alone?”
I deliberately used explicit words.
It was to alert the directors.
Because they have lived their entire lives as puppets, their ears are thin and their strength is weak.
The directors began to murmur as to whether the vice president’s plan had worked.
“We have something that the team leader doesn’t have. It’s a stake! Each of us has little, but when combined, it adds up to a pretty threatening percentage. Isn’t that how we’ve protected this company so far?”
Although he is a show of hands, he did not rise to the position of director without any background.
They had friendly interests or were relatives of friendly forces.
Of course, if you look at each separately, it is minimal.
But when you add it all up it’s quite a lot.
They were numbers that could not do anything on their own, but became significant when combined with other forces.
As the headquarters, Jo Mi-hyun, and other institutional investors divided the shares evenly, the friendly shares were a great help to Jo Mi-hyun.
The vice president was talking about using it to threaten others.
In a stock company, the fight for shares is very important.
Because there is a possibility that management rights may be transferred.
If they could just unite as one and give the vice president that much power, no one would be able to mess with him.
The directors may not be smart, but they realized that this was a critical moment.
It’s exactly as the vice president said.
The directors aren’t clean either.
Because it was a parachute, not an ability, to begin with.
If they were to change the water, the first ones to be cut off would be themselves.
We must stick together to survive.
In the face of the crisis, the parachutes began to do calculations for the first time.
The staff looked at the sight with skepticism.
Chae Kyung-jun would have expected this much.
The board of directors would have naturally investigated the stakes in advance, and they would have known that the vice president would react like this.
And yet it’s quiet.
What kind of cards are you holding?
I was so curious about that that I couldn’t help but intervene.
In fact, the staff also hates them.
They are incompetent but still hold high positions, and they give advice to the company even though they know nothing about it.
I want to get involved right away and help Chae Kyung-jun.
But there were two reasons for keeping in mind.
One is because I’m curious about Chae Kyung-jun’s number.
I wanted to see how this situation would be resolved.
And another thing is, I don’t want to disturb him.
It seemed like he had a plan.
They would like to see them all fired, but it seems like Chae Kyung-jun doesn’t think so.
If so, then it should be respected.
The person who set the table like this is none other than Chae Kyung-jun.
Considering his ability and greatness, I wanted to do as Chae Kyung-jun said.
‘If it were me, I would have pushed you without giving you time to get your act together. Do you have any other thoughts?’
Chae Kyung-jun waited earnestly, then nodded slightly as several directors gave him hostile looks.
The staff who saw that smiled faintly.
‘It was to distinguish who to cut off.’
Of course, not right now.
But we’ll find out someday.
What consequences will today’s choices bring?
The vice president seemed even more elated than before, perhaps because he felt that the directors were on his side.
“Well, isn’t there an answer to who would be more beneficial to choose?”
The vice president now seemed ready to sit down at the negotiating table.
But Chae Kyung-jun just smiled wryly.
No matter what you do, it’s no use.
It was a laughter with that kind of meaning.
“Of course. The answer is already out there.”
“Really? Then the president… … .”
“I think the vice president will have to leave.”
“……what?”
The vice president looked blank.
“No, can’t you see whose hands the shares are in right now?”
“That’s why the vice president is even more of a no-no. It’s obvious that someone who has a stake in the company will end up controlling it. The president did some work. What did the vice president do?”
“I supported this company!”
“Ah. You gathered forces in an invisible place, that’s it?”
Chae Kyung-jun said coldly.
“The most toxic thing in a company is politics. The vice president who is the pillar of politics should never stay.”
The staff nodded vigorously.
It’s something I’ve been thinking about for a long time.
As long as the vice president serves as the focal point, a change is impossible when he is present.
The vice president’s face hardened.
I felt like Chae Kyung-jun was playing with me.
“You were planning to take me down from the beginning, but you pretended not to? To see how I would react?”
“Yes. Thanks to you, I was able to see all of the Vice President’s cards.”
The vice president felt a chill.
It was strange that I had stayed still until now.
Was that to see your own pattern?
In fact, the vice president has no cards left.
Because I thought it was the edge of a cliff, I dragged everything out.
The last resort was to convince the directors.
But I still don’t know what’s in store for Chae Kyung-jun.
At least he had left himself alone, so he must have had a plan to turn it around.
“Still, there won’t be any pattern that can surpass the stake.”
“If you bring up shares, I can take my shares too.”
“That’s ridiculous. You’re not even part of the owner family, so what kind of shares do you have…?”
The vice president opened his eyes wide as he spoke.
It seemed like several scenarios were running through my head.
“Originally, we were trying to move institutional investors.”
I heard the directors tremble.
Institutional investors are not interested in the internal workings of a company.
The first priority is to make a profit somehow.
So if they move, there’s no telling how the company will be torn apart.
“Hey, are you crazy?”
One of the directors shouted in a new voice.
Chae Kyung-jun answered with a bright smile.
“thank you.”
The director looked tired.
If you think about it, it’s a new thing.
If he were in his right mind, would the team leader come into the board meeting and cause a ruckus?
Are you going to go to the house of the secret power and tell them to step down?
This guy is different from the typical employee they’ve seen so far.
A strong sense of alienation lingered.
It was strange that I only realized it now.
“We haven’t taken the final resort yet.”
The vice president swallowed dry saliva.
If institutional investors are being talked about from the beginning, what other patterns are there?
“There is an iron rule in the Taesung Group. Even if there is an internal fight, there should be no change in shareholding. This is not just about shareholding. Do you know what I mean?”
The executives and vice president quickly figured it out, but the directors on the other side were a beat behind.
“It means that there should be no change in management rights. Anything with Taesung’s name attached to it should remain in Taesung’s arms. Are you going to threaten me with the shares?”
Chae Kyung-jun laughed.
“Why don’t you give it a try? Will the Chairman just sit back and watch as management rights change?”
“The one with the bigger stake is the wife!”
“That’s because the Chairman and his wife have been at odds with each other up until now, so your shares were important.”
The staff realized why Chae Kyung-jun kept bringing up institutional investors.
If institutional investors really get involved, management rights will be at risk.
That goes against the chairman’s wishes.
However, what Chae Kyung-jun wanted to say was sufficiently conveyed.
In a word, intimidation.
It’s a threat to not even think about using numbers for stakes.
“But isn’t it too much to fire someone who has worked for the company for decades?”
One of the directors spoke in a trembling voice, perhaps worried that he too might end up in the same situation.
“Don’t worry. The chairman and his wife know how hard you’ve worked. It’s ridiculous to kick you out with your bare hands. Since you’ve worked so hard, shouldn’t you enjoy a comfortable retirement?”
If you don’t want to be kicked out, leave quietly.
Then I will take care of your retirement funds.
It was a threat directed at the vice president, but it also applied to the directors.
The directors breathed a sigh of relief.
At least it meant they wouldn’t just kick me out.
“Now, the rest is up to the directors. I respect their judgment. Just remember one thing.”
Chae Kyung-jun spoke to the faction directors.
“Taesung Construction is no longer a sanctuary. The decision you make today is not something that ends with you. There is no roof to protect you anymore.”
They say it’s respect, but this is like a wolf driving a flock of sheep to one side.
Chae Kyung-jun, who had skillfully pushed the directors away, stepped back as if he had finished talking.
The directors, whose thoughts were complicated, glanced at Chae Kyung-jun.
I have no authority and I’m not even a director.
He had a more prominent presence than anyone else on the board.
The vice president also did not open his mouth again.
No more defeats.
And because I knew that when he said something, he meant it.
If you want to get your retirement pay, you have no choice but to admit it.
Because he can easily be kicked out with his bare body.
“I will raise my hand.”
The directors raised their hands as the president proceeded.
The faction directors who had been acting as Cho Mi-hyeon’s puppets up until now had become puppets for someone else.
It was just as the vice president said.
The young man pushed the board in the direction he wanted.
Although my feelings were complicated, the result was clear.
-Thump thump.
The vice president’s dismissal was approved unanimously.