I Became Park Jeong-ui’s Nephew - Chapter 268
Only Krnovel
He became Park Jeong-ui’s nephew. – (268)
“If our relatives are in this organization, it will hinder the company’s development. While I’m alive, I will expel all of our relatives.”
This is Korea,
A person’s words while he was alive attracted public attention.
The main character is Yuhan Corporation’s chairman, Yuhan Corporation’s Yuhan Corporation, and he said this to the effect that if there are relatives in the company, factions will form and the company will eventually fail.
So, does that mean that there was no intervention at all from the chairman’s relatives in Yuhan Corporation?
Since he himself said that he would expel all his relatives, Yuhan Corporation cannot be free from the controversy over the employment of relatives and factionalism.
This became even more evident after the death of the only chairman in 1971.
When the chairman’s family stepped down from the front line, Yeon Man-hee, who was the chairman’s only close associate, took control of the company.
After the death of the sole chairman, the chairman-vice chairman system was also abolished, but the general shareholders’ meeting decided to maintain the position.
The chairman and vice chairman are merely owners without management rights, but they have continued to interfere in management because they own a large portion of the company’s shares.
Abolishing this is the only way to end factional politics, but maintaining it means maintaining the existing system.
A policy that does not match the will of the late chairman.
Some company employees even took to the streets to protest.
“Abolish the position of chairman!!”
“This is the will of the only chairman who has passed away!!”
“Shareholders, reflect!!”
One sixth of the employees expressed their opposition and even protested, but the remaining five sixths chose to maintain the existing system.
Can a company run without a chairman?
Many people dream of a democratic society, but the fact that more than 80% of the company’s employees have chosen to maintain their chairmanship proves that this is nothing more than an illusion.
Would Yuhan Corporation exist today if there was no sole chairman?
The company was able to come this far because of the absolute leader. The company’s employees wanted a strong leader rather than an ideal organization led by the majority.
“Then there’s no reason for us not to get involved?”
“Everyone, get out of the way!! We are the sole chairman’s family!! You have no right to interfere with management!!”
In this way, the only family member again interfered with management.
How could a major shareholder just sit back and do nothing when individual company employees act as the owners of the company? The will of a businessman who led an era was folded like a paper airplane and flew far away.
The company is heading towards a confrontation between the sole family and the management.
Parasitic factions also arose beneath it.
***
“What will happen to our company?”
“Well, since the National Assembly is in that state, wouldn’t the Marshal be reinstated as President? Then, it would have an impact on management.”
This is the headquarters of Daehan Transportation.
The employees chatted during their break, smoking cigarettes.
Prime Minister Kim Jong-pil lost power as a result of his hasty government expansion policy that placed excessive workloads on low-level civil servants.
Here, the Liberty Peace Party (90 seats) led by former Prime Minister Park Chung-hee was also destroyed on charges of sedition, and the National Assembly collapsed, so how can the government function properly?
Public opinion also expressed that Korean politics could shift from a cabinet-centered system to a presidential system.
So who will be the president? Considering both status and reputation, it is highly likely that head of state Park Sang-geun will take that position.
The problem is that this could affect the management of Daehan Transportation.
The head of state stepped down as president and focused on running his business for a while.
Although he did not interfere with management, it is true that he exerted influence as chairman, but if he is re-elected as president, it is likely that he will distance himself from the company’s management.
This is the problem, when the tiger disappears from the mountain, the foxes raise their heads.
How many foxes will be running wild while the head of state is away?
The employees did not want to see factional fighting break out because of such small talk.
“I don’t like getting involved in factional strife. Since you’re the one who holds the center, we can live our company life without worrying about factions.”
“That’s right, work is hard, but do I have to stand in line too?”
“Hey, let’s ignore that, let’s just do what we have to do.”
Even if you say that, everyone is anxious. If the boss moves away from the company management, won’t factions like Yuhan Corporation emerge?
Some staff members also focus on the movements of the head of state,
Some people even started forming factions in advance just in case.
***
[To Director Park Jae-ok]
[To Director Park Jae-ok]
[To Director Park Jae-ok]
“What the heck is all this?”
This is Daedeok-gun, and Mrs. Kim Ho-nam is faced with a mountain of holiday gifts.
All items sent to my daughter,
Did my daughter do well at the company and the employees send her gifts? Or is it a trick by those who want to get a job by relying on my daughter?
Mrs. Kim Ho-nam, who watched her husband fall from grace after being involved in factional strife, did not want her daughter to follow in his footsteps.
The same goes for Park Jae-ok himself.
I sighed at the employees’ pitiful behavior.
“I understand why Sanggeun oppa always gets rid of factions. They’re all really ugly.”
“Is your company also fighting among factions?”
“I can’t do it openly. The enemy is glaring at me right now, but if Sang-geun is reinstated as president, it seems like a factional fight will break out.”
“But why am I sending you this gift? You don’t even have management rights.”
“I guess I’ll just stand in line. Everyone at the company knows that I’m the enemy’s older brother.”
Among the Goryeong Park family, who has influence in society these days?
Former Prime Minister Park Chung-hee has gone missing on charges of sedition, and aside from the head of state, there are no notable figures.
Park Jae-ok is in a position where he unintentionally exploits that gap.
The daughter was not disadvantaged even though her father was expelled on charges of sedition.
Park Jae-ok is still an inside director of Daehan Transportation and is the nephew of the head of state, so he has some power. Although he does not have management rights, he is in a position to evaluate corporate policies, so he cannot be ignored.
That’s why employees line up in advance.
But Park Jae-ok was uncomfortable with this development.
“I have no intention of interfering with management rights in the future, and I am satisfied with where I am now.”
“Yeah, I thought about it carefully. Being an inside director is a huge position, so there’s no need to be greedy here, right?”
“But that’s not the case with the people at our company. They try to get ahead by standing in line somehow, and they’re annoying.”
“Your father was the one who got kicked out for doing that. Ugh~ I guess he’ll just live quietly.”
The conversation between mother and daughter paused for a moment, and here a third person appeared.
The main character is Park Myeong-i,
The 24-year-old young man felt burdened by the gazes of two people looking at him.
“Why are you looking at me like that?”
“no.”
“Who said they were staring at you?”
The two people were trying hard to look away, and Park Myeong-ui took a seat between them.
We could have just talked about something else, but once a flood has started, it cannot be stopped, and this conversation also became political.
“Myung-hee, don’t you have any employees who wag their tails?”
“Tail wagging? Who?”
“You’re the eldest grandson of the Goryeong Park family. I think your employees will approach you and ask to be friendly with you since you might have a chance to work together later.”
“What are you talking about, Sister? I don’t care about that.”
“Even if you don’t pay attention, there are traitors everywhere who will wag their tongues. Be careful.”
“Okay, Myung-ee, just do what you have to do. Don’t get caught up in factional fighting or anything.”
Park Myeong-ui was unable to come to his senses due to the attacks coming from both sides.
It’s been two years since I joined the company, which isn’t a long time, but I’ve come to realize that factions inevitably form when people gather together.
The reason it’s not outwardly apparent is because of the surveillance of the head of state, who likes people who focus on their own work rather than those who engage in factional fighting.
So, isn’t that why he hired a professional manager to take charge of the entire company? Park Myeong-ui, who watched the process, understood why his father had no choice but to be kicked out.
Even my son would hate to see that, so how much of a thorn in the eye would he be to the head of state?
As long as there is a leader, there will be no factional fighting, and the idea that even dictatorship is a necessary evil if it can prevent factions has become solidified.
***
“Then, we will now begin the shareholders’ meeting.”
This is the headquarters of Daehan Transportation.
I am here today as the largest shareholder and chairman of Daehan Transportation.
Even the only chairman known for his integrity could not do anything about corporate reform. If he really wanted to reform the company, shouldn’t he have stepped down from the position while he was still alive?
In fact, in 1969, when he collapsed from old age, he handed over management rights to a professional manager, but his descendants engaged in political shams and the family business was destroyed.
As a result, Yuhan Corporation’s stock price has decreased by 7% compared to 15 years ago. The company is busy just doing its own work, but employees were wasting their energy doing politics.
In terms of the government, this is an administrative vacuum. I am also worried about this.
If I step down from the chairman position, will the company be able to run fairly without factional fighting?
The government is in that state, so it’s no different here.
The problem is that I am not in a position to rely solely on the company.
Prime Minister Kim Jong-pil resigned and the Liberty Peace Party, which had won 90 seats, was destroyed, leaving the National Assembly in a state of disarray.
In some quarters, there is even talk of switching to a presidential system. In this situation, which side would I choose, the government or the business?
In the meantime, I left the business to professional managers, but this too became a mess while I was looking away.
“I think I should keep my position as chairman. There is a factional fight going on right now with the rumor going around that the president is going to be reinstated.”
“No, who are you talking about a factional fight? The enemy is also present here. Where did you hear such a groundless rumor…?”
“No, factionalism exists. This is the proof.”
Executive Director Park Jae-ok submitted a gift package delivered to his home as evidence.
I’m sure other directors have received something like this, so what’s different about managers?
There are those who expand their influence by pulling and pushing their own people, but what would happen if the enemy found out?
We all know what happened to former Prime Minister Park Chung-hee after he got involved in a factional fight, but I wonder what kind of guts he had to do something like this. Still, thanks to a few conscientious people plucking up their courage, the factional fight was prevented in advance.
Who would turn a blind eye to clear evidence?
The great sinners are in a position to just watch,
I, who had been observing the situation, opened my mouth, which had been tightly shut.
“There is no perfect organization in the world. When people gather together, it is natural for each person to form a group. However, public and private life should be separated. You are saying that you will only hire people close to you? Then, should I also appoint Director Park Jae-ok as Vice Chairman here? Is there anyone who would object? Director Park Jae-ok is my cousin and has contributed to the company for 23 years. Is there any reason why he should not be Vice Chairman?”
Management – The board of directors just watched.
If I had wanted to, I would have given each of my brothers a seat, but I didn’t.
Jaeok got there because of her 23 years of service to the company, and she is still a regular company employee.
Even though they are my relatives, we strictly separate public and private life.
But what kind of factional politics do other people engage in? I would like to sweep them all away, but I gave them one more chance.
“Keep in mind that I am watching. Even if I pretend not to care, I know how the company operates. If there are any more rumors of factional fighting, then I will really change things up.”
“Understood, Your Majesty.”
“I will make sure that this never happens again.”
This is how I sorted out the factional issues within the company.
However, the seeds of discord remained, and it was decided that a decision would be made soon.