The Magician’s Memorial - Chapter 41
Only Krnovel
Episode 41 Same dream (2)
President Park Jin-hoon is trying to tame me.
He thought that if the mobile phone business completely failed, I could act as regent even after becoming chairman.
So I was able to gain a lot.
We were able to recruit 30 employees from Taewoo Electronics as well as members of the mobile phone business team.
You could say there are only 30 people.
However, they were the aces with the most outstanding work ability at Taewoo Electronics.
To select them, I searched through personal information all night long.
That wasn’t all.
We were even able to receive support for expensive equipment that the mobile phone business team did not have.
They were even promised enormous additional funding. Some of the money has already been transferred to the technology research institute.
Money and manpower.
I took everything I could.
In particular, I never thought they would give up Taewoo Electronics’ ace, Manager Lee Seok-jun.
He came from a production background and had excellent skills in developing parts as well as improving existing products.
It would not be an exaggeration to say that Taewoo Electronics’ TVs and other electronic products were all his work.
That person was now heading to the factory in Incheon with me.
“Director, we have arrived at the Incheon factory. “This is the factory where I worked for five years.”
“It’s a much bigger factory than I thought.”
“It was a factory that once produced mobile phones, but now it produces small products.”
“Let’s go to the factory and hear the details.”
As I entered the factory, thick dust first greeted me.
In addition, production workers were assembling small products while playing an exciting trot song.
“The atmosphere is quite distracting. Was it like that when this manager was there?”
“It wasn’t to this extent.”
“But how did it come to this?”
“I think it’s because things have become too easy. “It used to be a factory that assembled difficult products such as mobile phones, but now it seems like we have become distracted because we can make products with our eyes closed.”
Most workers at the Incheon factory were veterans of more than 10 years.
I took pictures of several people and checked their detailed information, but they all had excellent work skills.
Why are we treating these people like this?
To find the answer, we met with the factory manager of the Incheon factory.
“Oh my, welcome. All of you came to our Incheon factory. “I am truly honored.”
“Please call me Director Kim. However, the atmosphere in the factory is a bit dull.”
“The Incheon factory is like that. “Our Incheon factory is called the place of exile at Taewoo Electronics.”
It was the factory manager, Koo Cheol-gyu, who exposed the company’s wealth without any shame.
There seemed to be no hesitation as there was not much time left in his term.
“Oh, was this the place of exile?”
“It’s been a while since no new employees came to the Incheon factory. Instead, people who cause problems at other factories are sent here. “In fact, it’s not the place that causes the problem, but it’s the place where people who don’t follow the line properly come to.”
Are factions a problem here too?
As with Taewoo Motors, at Taewoo Electronics, promotions were decided based on factions.
Well, since this problem was spread everywhere, the group probably went out of business.
“Well, now that it is a factory affiliated with the Technology Research Institute, you don’t have to worry about faction issues.”
“I understand that you have temporarily become part of the Technology Research Institute. “Wouldn’t it be the same if we go back to Taewoo Electronics?”
“If we produce this product well, that won’t happen.”
“I heard that you produce mobile phones. “But I don’t know if the current factory line can properly produce mobile phones.”
It was definitely an old factory.
Then all I had to do was install a new line.
There was still time left until production, so all we had to do was build a new factory.
“We plan to create a new line to suit our products. This is the cell phone we will make in the future. Manager Lee, please come and have a look.”
I carefully took out the flip phone.
To install a new factory line, the factory manager and Manager Lee had to see a prototype.
“Is this your cell phone? “This is my first time seeing a cell phone shaped like this.”
“Hey! It will be delicious to make.”
“Is production possible?”
“Anyway, we will use parts made externally. Can’t we just assemble the finished product? “The employees here may not know anything else, but they are amazing at assembly.”
The factory manager’s confidence was amazing.
It seemed like they had that much faith in the abilities of their employees.
“The mobile phone production team will provide support soon. Please install a new line as soon as possible and prepare for production.”
“It takes quite some time to lay a new line. “It costs a lot of money.”
“Taewoo Electronics has agreed to provide unlimited support, so don’t worry about money.”
“Then, can we call a few more employees and discuss it? “Those people know what you need just by looking at the product.”
“Of course you should.”
The factory manager called a team leader.
Together with Manager Lee, they disassembled the flip phone and discussed what kind of machine was needed and how the line should be laid out.
The factory manager’s confidence was not nonsense.
I was one of those people who would solve problems at once that I couldn’t figure out no matter how much I looked at them.
Why were these people exiled?
Are you jealous because your skills are so outstanding?
“Director, the meeting is over. Some machines are needed, but I don’t think there will be a need to rebuild the entire line. “If we use measures to maximize the use of the existing line, we can create a line capable of producing mobile phones within two months.”
“Is it possible that quickly? But will it be possible to respond even if the design or parts change?”
“If the design changes significantly, it will take time, but we can handle that.”
It was a factory issue that was handled much easier than I expected.
I was told by factory workers that they would solve production problems within two months that they had been looking at for up to six months.
What they say is probably not nonsense.
Because the work skills of class leaders were A level or higher.
“Then I will send the production team down tomorrow. Please begin line construction as soon as detailed discussions are completed.”
“Of course you should. The factory will be lively for the first time in a long time. “Everyone was itching, so I’m really grateful.”
Is it because they are people who have been pushed out of the political fight?
I was so happy just being able to do something new.
I wanted to have a drink with them, but I had a prior engagement, so I had no choice but to head back to Seoul.
Manager Lee drove the car himself.
I sat in the passenger seat and talked about what I was curious about.
“The employees at the Incheon factory seem to have considerable skills, but why were they kicked out of the existing factory?”
“… … It’s a little complicated. To put it as simply as possible, there is a strong tendency for field engineers to be ignored.”
“So, you have skills, but you’re ignored because you didn’t go to school properly, something like that?”
“I won’t put you in a faction. On the contrary, if you have outstanding skills, they push you away.”
The employees of the research institute or development team were highly educated.
They all graduated from good universities, and some even had master’s degrees and doctoral degrees.
In the eyes of such people, people called engineers based on the skills they learned in the field would have looked disapproving.
“So you’re still the manager? “From what I see, this manager doesn’t seem like the kind of person who should be in the position of manager.”
“Thank you for a good look. “Honestly, all I know how to do is operate machines, but it’s almost a miracle that I made it to the level of manager.”
For promotion, political power is more important than skills.
This was also the reason why Taewo Group was so ruined.
No matter how good your skills were, if you couldn’t keep a good line, you couldn’t move up, and you could even be exiled like the employees at the Incheon factory.
It was never the case that Taewu Group had no skills.
Rather, compared to other groups, Taewu Group had many excellent talents.
It was just that they were not provided with a space to properly demonstrate their skills.
“Can you get in touch with employees who have cases similar to Manager Lee’s?”
“Everyone on site is friendly with everyone, so it’s natural to keep in touch.”
“Please call all those people to the Incheon factory. I will resolve personnel issues on my own. “Say it will help you no longer have to worry about petty issues like faction or politics.”
“Will factions disappear from the company?”
“Well, wherever people live, there are bound to be factions. Then say that I will become their new faction.”
Are you not treated for your skills because there is no faction?
Then I become a faction.
Is there a better faction in the Taewo Group than mine?
I have set the line for the next chairman of Taewo Group, so who will touch it?
* * *
I arrived in Seoul in Deputy Director Lee’s car.
After saying goodbye to him in Myeongdong, I headed to the old house to meet the Gwanghwamun bear.
I’ve been here a few times, so I’m used to it now.
The person guarding the front door also looked at me, bowed his head, and opened the door without any special procedures.
“Are you here? “I thought you were going to drown while waiting for me.”
“Forgive me for being late.”
Chairman Lee’s voice was full of power.
It seems like he acquired quite a lot of Taewoo Electronics’ stocks and corporate bonds.
“Do you know how much I bowed my head because of you? “The Myeong-dong guys swept up all the Taewoo Electronics stocks they owned.”
“I didn’t expect you to accomplish it in such a short period of time.”
“I messed up a bit. “There were already rumors about what happened at the Changwon factory, so I bought shares in Taewoo Electronics, saying I would have a good time with you.”
As expected, Chairman Lee was closer to a fox than a bear.
Although it was a large bear, its actions were no different from those of an experienced fox.
“You said you would fight me, so did you give me Taewoo Electronics stock?”
“When I asked to exchange it for the stocks I owned, they gave it to me without saying anything. “You gave them all the stocks of Sampoong Group and Hanil Bank that you said were dangerous.”
You exchanged shares of Taewoo Electronics with shares of a company that went bankrupt?
Chairman Lee was well on his way to becoming the owner of Myeong-dong without me having to tell him.
“Aren’t you short on funds?”
“At that time, 400 billion won came in from CT Bank, so there was no shortage. “But if you don’t buy Taewoo Electronics stock soon, I’ll be broke.”
It was Chairman Lee who received 400 billion won from CT Bank.
However, not all of the 400 billion was his money, and most of it was probably borrowed from banks or others.
After paying off all the debt, he would have purchased Taewoo Electronics stock with the remaining money.
As he said, if I didn’t buy Taewoo Electronics stock, Chairman Lee would run out of liquid funds.
“Of course I should buy it for you. An investment company on Wall Street will come to you soon. “At that time, you can hand over all of the Taewoo Electronics stocks you own.”
“If I do that, is my job done?”
“Please purchase stocks of other Taewoo Group affiliates whenever you have time.”
“Huh, other stocks? I have no idea what you’re trying to do. If you just stay still, you will become the master. Well, if you want, I’ll do it for you. But this time, what kind of stocks can I give away to receive Taewoo Group stocks?”
There was an abundance of companies that went bankrupt.
If a foreign exchange crisis occurs, more than half of the top 20 large companies will disappear.