The Magician’s Memorial - Chapter 32



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Episode 32. Research Institute (2)

My grandfather returned to Korea three days ahead of schedule.

He went straight to work from the airport and called an emergency CEO meeting.

“I heard that the last presidents’ meeting was canceled. “Is it true that CT Bank will lend money for the Changwon factory?”

“That’s right. We decided to provide a loan of 400 billion won on the condition that we repay the Changwon factory loan. “It is a loan with a much lower interest rate than Myeongdong, so the burden of interest has been greatly reduced.”

Director Kim answered on my behalf.

He seemed to have already heard the general explanation in the car on the way from the airport and immediately moved on to the next question.

“Director Kim has a personal relationship with CT Bank?”

“When I was a college student in the U.S., I made some friends with Wall Street bankers.”

“Connections are also an important factor in running a company. And while increasing sales by making good products is important, reducing the amount of money you spend on interest is also a big achievement. “Director Kim did a great job on this matter.”

“thank you. And we had a good discussion with Myeongdong.”

Grandpa looked at me with a happy face.

Taewo Group’s borrowings exceeded 10 trillion won, so the loan interest was significant.

Although the slightly lower interest rate on the 400 billion won loan did not help much, it was still a significant result.

Now that my grandfather praised me, it’s time for a backlash.

What kind of absurd reason will they try to stop me this time?

I looked around at CEOs who were close to Director Lee, and Park Jin-hoon, CEO of Taewoo Electronics, who was also close to Director Lee, spoke up.

“In less than a month since joining the company, Director Kim successfully secured KRW 400 billion in borrowings and audited the Changwon plant. Now, I don’t think anyone disparages Director Kim’s work ability just because he is young.”

what? Why are you complimenting me all of a sudden?

Praise can be more scary than criticism.

I had no idea what CEO Park Jin-hoon was thinking when he did that.

Moreover, not only President Park but the other presidents all started praising me.

[Director Kim’s ability to immediately solve the deep-rooted problems at the Changwon plant is truly remarkable.]

[This is a skill that would be a shame to have as the head of the headquarters.]

[Taewoo Group is a company leading globalization. There is a need to follow the trend of global companies that value ability rather than age.]

[The audit team is too small to fully demonstrate Director Kim’s abilities.]

After hearing all the compliments, I could guess what they were thinking.

I guess they want to kick me out of the audit team.

I think we’ve already reached an agreement on where to send it, but in the end, it’s my grandfather who makes the decision.

Let’s find out what words President Park will use to persuade his grandfather.

“Director Kim achieved many reforms in the audit team in just one month. “Taewoo Electronics also needs reform now.”

“It is said that Director Kim’s achievements are considerable, but wouldn’t it be difficult to say that he has already changed positions twice in less than a month since he joined the company?”

“He is so talented that he moves from position to position, so where can he speak?”

“Even if it is not an issue internally, it can be an issue in public opinion.”

“This can happen if you are transferred to a key position at an affiliate, but if it is a technology research center that receives relatively little attention, it will not be a problem. “I formally recommend that Director Kim be promoted to Director of the Technology Research Center.”

ah! I guess you want to send me to the technology lab.

Although the technology research center belonged to Taewoo Electronics, it was also an independent organization.

And it was a powerless institution. Because Taewoo Group did not value technology.

Technology can be purchased and used.

Because my grandfather had this theory, he was more interested in purchasing technology than developing it.

So, of course, there were clear limits to the manpower and funds of the technology research institute, and some even said that moving to a technology research institute was tantamount to exile.

But my case is different.

Although it is called a technology research institute, it is clearly affiliated with Taewoo Electronics.

The moment I go there, I can destroy Taewoo Electronics.

It was a great opportunity for me, who wanted to shake off Taewoo Electronics, which was responsible for a significant portion of Taewoung Group’s debt, as soon as possible.

But you can’t show that you like it.

Let’s pretend to hate it as much as possible and get as much as possible.

“I am very grateful that you are treating me favorably, but there is still a lot of unfinished business from the audit team.”

“Which part didn’t you finish?”

“The work of the Changwon Plant TF has not yet been completed, and disciplinary proceedings against the audit team members involved with Director Lee have not yet begun.”

“If that’s the case, wouldn’t it be possible to officially promote the TF to Audit Team 6 and complete the work by promoting Deputy Director Yoon, the current TF team leader, to manager?”

I guess they really want to kick me out of the audit team as soon as possible.

He said he would promote Deputy Manager Yoon, known as my person, to manager and create 6 audit teams.

As long as you say something, he will listen.

Well then, shall we see how far it goes?

“They say the audit team problem can be resolved that way, but I don’t know what I can do at the technology lab. Of course, the importance of technology cannot be emphasized enough, but the current technology research institute is nothing more than a subordinate institution with no independence at all.”

“The issue of independence of technology research institutes is an issue that keeps coming up. “We should use this opportunity to further strengthen the independence and authority of the technology research institute.”

wow! You can do this too?

Then shall we get another one?

Before that, let me complain one more time. That way, they will give it to you again without any doubt.

“Even if the technology research center becomes independent and gains more authority, there is still a shortage of manpower. In particular, technology research is an area where future food sources must be studied. That part is too weak. “I don’t want to go to the technology research institute if they also manage Taewoo’s economic research institute.”

I threw out the bait.

General director of the Technology Research Institute and the Economic Research Institute.

The Economic Research Institute was an institution with less authority than the Technical Research Institute.

It was a place where renowned elders from all over the world were given the title of advisor and worked to predict future industries.

The presidents, including President Park, were constantly talking with their eyes.

And they didn’t seem to have any regrets about an economic research institute full of old people.

“The Technology Research Institute and the Economic Research Institute are institutions that can create synergy with each other. “I think it is very reasonable to entrust Director Kim with the overall management.”

“Director Kim, what do you think? Are you thinking of moving from the audit team to a research lab? “I think President Park’s proposal is reasonable.”

Grandfather asked my opinion.

This is an opinion and is no different from a notice.

Notification from the audit team to move to the research institute.

You must have been worried that I was excitedly dancing the sword dance at the Changwon parts factory and audit team.

How could you disobey your grandfather?

Of course, I won’t move as my grandfather thinks.

“Thank you for giving me this great opportunity. We will do our best to provide even more help to Taewo Group by managing the technology and economic research institutes. However, please allow us to recruit additional personnel.”

“As authority increases, of course more people will be needed. “How many more people are you planning on hiring?”

“I’d like to hire about 20 more people. “I want you to leave it entirely up to me to decide who to hire.”

“What do you all think of Director Kim’s opinion?”

[it’s okay.]

[Now that I have become the new general manager, of course I have to hire people who will be limbs.]

[I have long thought that the size of the research institute should be increased.]

This was a group of presidents who were truly amazing in every way.

And they all had smiles on their faces as they answered.

In particular, Taewoo Electronics CEO Park Jin-hoon even looked at me as if he had caught a big fish.

The fish is you, not me.

I suddenly remembered that President Park Jin-hoon’s name was also in the kill list I had written in my past life.

* * *

A week later.

I went to work at a research center located near Seoul.

The economic research center at the headquarters had also been moved to a technology research center building, so the atmosphere at the research center was quite chaotic.

In particular, the deputy directors of the two research institutes were unable to adapt to the atmosphere.

Joo Gwang-il, Vice Director of the Technology Research Institute, and Moon Gyeong-il, Deputy Director of the Economic Research Institute.

Their faces were not very bright, perhaps because they felt they had to take care of me, who was almost as old as their son.

“This is Minjae Kim, the new general manager. i look forward to.”

“It is truly an honor to work with you, Director. Until now, the technology research center has not been functioning as it should. “I will do my best to ensure that the technology research center can do its job together with the director.”

“I wonder if the Economic Research Institute has anything to worry about. “We will continue to operate as we do now.”

The expression on Moon Kyung-il, Vice Director of the Economic Research Institute, is a sight to behold.

Actually, he was originally the director of the Economic Research Institute. However, since I came as general director and was moved down to deputy director, I guess they are not happy about it.

Moreover, there was talk that the economic research institute was a bad position.

It was a quiet place to rest as a pay thief, but I couldn’t have been in a good mood because I was suddenly in the spotlight.

“The Economic Research Institute has no intention of making a big deal. Just to increase the size of the research institute, we had no choice but to merge the economic research institute and the technology research institute. “It won’t be much different than before.”

“Then I can only thank you. Most of the advisors at the Economic Research Institute are elderly, so they don’t like noise. And because the members are multinational, they are not familiar with Korean culture.”

“I’ll just show my face once in a while and get a cup of tea.”

“Yes, I would be grateful if you would.”

Deputy Director Moon’s face looked much better.

This was because he had expressed a tone that he would let me remain in the position as assistant director without touching the economic research institute.

“But the technology lab will change a lot. “Up until now, it may have been closer to subcontracting from Taewoo Electronics, but in the future, we plan to lead the way in technology.”

“They are all outstanding talents. “These are people who have been dragged around due to lack of opportunity and authority, but are fully capable of leading the way in technology.”

Joo Gwang-il, deputy director of the Technology Research Institute, was full of motivation.

It seemed like the country wanted to hold on tightly to the ropes of Taewoo Electronics, as he was exiled to a technology research center from a key position.

“Then, everyone, please correct the messy atmosphere first. And today, I will stop by the Economic Research Institute, have a cup of tea with my advisors, and then leave work.”

I headed to the Economic Research Institute with Deputy Director Moon.

The Economic Research Institute was unusual in that 10 advisors had private offices.

“Counselor Fukuda’s office is over there. “Can I go say hello?”

“Of course it’s okay. “He’s a bit eccentric, so you’ll have a hard time.”

I left the deputy director behind and entered Advisor Fukuda’s office.

I can see right away why they call him eccentric.

An old man with white hair and a scraggly style.

Even though I came in, he didn’t even glance at me and continued reading the newspaper.

But when I said something in Japanese, he jumped up from his seat.

“I agree with the report on Taewoo Group’s borrowing problem.”

The only person who reopened the Taewoo Group’s debt issue.

It would not have been wrong to say that the Economic Research Institute had been merged with the Technology Research Institute to meet him.