Chapter 410 Interns are too strong (1)
KG Electronics, the second-largest company in Korea’s business world.
At one time, they competed fiercely with Ajin Electronics and struggled to dominate the domestic market.
“While Ajin Electronics develops and produces cutting-edge products such as the G-series of smartphones and the Dreamer, KG Electronics focuses more on basic white goods. So these days, quarterly sales and operating profit are far behind in terms of growth.”
The home appliance business does not leave much profit due to limited demand and fiercer competition than expected. That’s why they were looking for a way out in a slightly unusual way.
“So, most fundamentally, our department is focused on reducing costs. It is a strategy to increase distribution margins by producing and selling products as efficiently as possible based on virtual reality. You can think of it roughly as similar to online shopping. ”
Deputy Dong-ho Koh organizes the materials used in the meeting with Jae-young. The title of the meeting, written in large letters, caught his eye.
[Virtual reality home appliance shopping mall – KG Land plan] A
huge virtual shopping mall that gathers all electronic products produced by KG Electronics in one place.
A plan to build a system in virtual reality where, when people try the machines themselves and decide to purchase, the order is immediately placed through the computer and delivered all at once. As it was already being pursued by many retailers, including Wilmart, Jaeyoung nodded as if he knew it well.
“I’m sure the cost will come down a lot.”
“yes. The cost of going to the dealerships spread across the country is staggering. Even if it’s the cost of purchasing a site or renting a building, the cost of stocking up and running salespeople… uhh… don’t even talk about it.”
KG stores are scattered throughout each major city. However, recently, the number of direct visits to stores and purchases has been rapidly decreasing, so the deficit was increasing to a serious level day by day. However, at his words, Jaeyoung tilted his head as if he was a little puzzled.
“By the way, why were there so many high-pitched voices during the meeting earlier? Everyone seemed upset.”
A place where all the people in charge, including Park Jin-tae, gathered together. However, the atmosphere of the meeting was much more difficult than expected. That’s why Assistant Manager Koh Dong-ho sighed deeply and looked at Jae-young with serious eyes and said,
“I don’t know about you, but… there are people who have sharply divided interests in this project.”
“Interesting…?”
Inside the company that intern Jae-young does not know about.
Assistant Manager Koh Dong-ho took a quick look at the surroundings, and then briefly began to explain why Goseong came and went in the meeting room.
“The sales director is fiercely opposing the promotion of this project. Even so, it is too risky to completely or drastically downsize domestic and foreign sales departments.”
The strong argument of the sales part that sales outlets should continue to exist even if people do not step into the store in reality. However, according to assistant manager Koh Dong-ho, they did not protest simply for that reason.
“The justification is plausible, but this issue is actually close to a battle for management rights. It’s a situation where we are fighting a war of nerves to take control of KG Electronics and not to lose the initiative in each other’s domain.”
Executive Director Kim Young-jin, who is in charge of all domestic and overseas sales parts.
Managing Director Kim Young-chan, who plans the company’s future business strategy and innovative foods.
Although they are brothers of the same blood, they were born as Korean conglomerates and were destined to fight each other over the succession of the company. That’s why fierce battles were going on inside the company to try to cut off each other’s influence through various agendas.
“First of all, our virtual reality department is in the line of managing director Kim Yeong-chan. If this project is promoted in earnest, there is no choice but to drastically reduce the scale of the sales line or reshuffle personnel. Probably, the size of the overseas business team will be drastically reduced, and then managing director Kim Young-jin will end up having a good one-shot.”
Deputy Assistant Manager Dong-ho Koh’s story about a project that will be a trump card that will significantly reduce the influence of his rival, Executive Director Kim Young-jin, in the company. Jaeyoung, who heard gossip about this political fight within the company that he would never have known about if he hadn’t interned, replied with a complicated face.
“It is difficult. It wasn’t just a simple project, was it?”
“Well… All companies are like that. But don’t be too conscious. Anyway, you and I are just interns at the agency. We just have to do what we are told to do or work hard. It’s not like they’re going to collapse anyway, and they’re both children of conglomerates, so why would they starve on the street?”
Deputy manager Goh Dong-ho smiles and taps stacks of papers on his desk, as if we’re not the ones to worry about anyway. He was startled by manager Park Jin-tae’s yelling from outside the meeting room, and left Jae-young alone and rushed out.
“Go Dong-ho! Go Dong-ho! Where is this child?”
“yes! I am here!”
Jae-young, who was left alone to finish things off. And while he was sorting out the pile of paperwork that was still full, he soon found a memo scrawled on a piece of paper and read it carefully out of curiosity.
– Arcadia Co., Ltd. Very uncooperative stance regarding project promotion.
– Continuous persuasion of the person in charge is required. Securing professional manpower and technical cooperation are essential.
-Looking for ways to secure competent creators…..
.
.
.
I don’t know who wrote it, but it’s a memo written about the problems that arose in the course of the project and the main tasks to be solved. And Jaeyoung, who looked down at it for a moment, smiled and murmured.
“Don’t even do that. How do you care about a project like this when the whole company is on fire right now?”
Jae-young, who regularly visited Arcadia’s office building.
Just a month ago, I visited the company to talk face-to-face with President Lee Mi-yeon, so I knew their current situation and the atmosphere in the company better than anyone else.
“The second half crisis scenario begins, and all general work is suspended to understand and respond to the contents related to it, but of course the person in charge is uncooperative.”
Issues that all employees of Arcadia Co., Ltd. are working on throughout the company, regardless of which department is in charge. They could not have welcomed the KG electrons who came with such miscellaneous tasks in the internal situation where they were going through extreme pain in the crucible of confusion and madness.
“Well… it’s none of my business.”
Jaeyoung is just a college student intern anyway.
Competition for management control or conflicts with outside companies is the homework of high-ranking people, so he put the meeting materials into the shredder while humming a song. Without paying any attention to the fierce and dirty office politics and strife going on out there.
* * *
Quaang.
“Those damn bastards!”
Executive Director Kim Young-jin, who attended a meeting held by the virtual reality division.
Unable to control his boiling anger, he kicked the door violently with his foot and growled.
“A drastic cut in the sales force? A reduction in fixed costs? Do you dare to fuck me with just a big deal? ”
The plan of the virtual reality business department to cut the entire sales department into more than half, claiming to seek management innovation. No matter how loyal the business was for the company, it was a content that he could not accept well as he was actually hit hard.
“You are my baby. You’re the head of sales general manager, and you don’t know that, and you don’t know it, and you stay still like an idiot. Isn’t this kind of talk coming out because your performance is all messed up?”
General Manager Heo Wan-jae, who is in charge of sales departments, the closest aide to Executive Director Kim Young-jin and the core line. He lowered his head, as if he had no face even after being hit by a pile of papers flying in his face.
“I’m sorry, manager. We also tried to improve our performance by doing our best, but… Recently, with a large amount of goods coming in from China, we launched a low-priced offensive…
” White goods that can create products. Therefore, in order not to lose out in price competition with Chinese companies, marketing such as super-large discounts and free gifts was carried out, and performance continued to decline.
“therefore! Don’t you have to jump on your feet to make up for it? Is it that hard to get those customers to buy some stuff? What do you do if you sell a lot by cutting the price like that? Shouldn’t you move your mind and make them buy it as expensive as possible! Anyway, it can’t be helped that ignorant bastards who haven’t learned anything are incompetent…”
The head of the division’s face immediately twitched at the words of Executive Director Kim Yeong-jin, who didn’t jump directly into sales and started talking like a desk discussion. However, he managed his expression in an instant and opened his mouth cautiously.
“Regarding performance, I will definitely manage more. And I think you’ll be fine if you don’t worry too much about that project. Didn’t the boss also make a reservation because he didn’t make an accurate judgment?”
Kim Young-hoe, president of KG Electronics, withheld judgment for now because nothing has come out accurately yet. Upon mentioning him, Executive Director Kim Young-jin muttered with his cold eyes shining.
“Hey, how can you believe what that old man says? If you think it’s okay again after this, I’m sure you’ll take that bastard’s side right away.”
President Kim Young-hoe, who will make a decision to empower his younger brother, Managing Director Kim Young-chan, if he knows that he is going to suffer a fatal blow, but he thinks he will benefit. However, his neutral attitude was disliked by Executive Director Kim Young-jin.
“Isn’t the company supposed to be inherited by me, the eldest son? I don’t know why you keep making him compete like this, saying you have to give him a chance too. Isn’t it?”
He doesn’t like his father who keeps looking at his younger brother over himself, the eldest son. However, general manager Heo Wan-jae forced himself to answer with a slightly confused expression.
“That’s right. Maybe it’s because the president doesn’t want to talk behind his back later, or because he has thoughts with the executive director in mind. No matter what anyone says, the sales part is the key.”
The largest and most influential department within the company. Therefore, it was true that Executive Director Kim Young-jin, who oversees the sticky and huge line, clearly had the upper hand in the fight for succession of management rights. But even so, he wasn’t vigilant or conceited at all.
“You never know. What kind of tricks will that fox-like bastard do if he wants to take control of the business?”
Since childhood, he has been compared to his younger brother, who showed only competent appearances in various fields, and struggled to avoid being pushed out. Therefore, in order to prevent an unexpected situation, Executive Director Kim Young-jin said with a cold look.
“Could you… find out some information about the employees of Arcadia Co., Ltd.?”
“You mean Arcadia employees…? What kind of information are you talking about…”
When asked what he wanted to know, Executive Director Kim Young-jin said a few things. And after hearing that, the general manager’s face turned into a more puzzled expression.
“Why are you trying to find out about that…”
“Look into it once. Because I have something in mind.”
He muttered to himself, smiling as if he were plotting something sinister.
“Rather than sprinkling ashes on finished rice, it’s definitely better to sprinkle ashes from the time you wash the rice.”