[278]Bow your head 3
“under! Look at this… . Hakjae Lee… . “Did you really mean it?”
Vice Chairman Jin Jin-gi threw down the morning newspaper and pressed the intercom.
“Dubai team, everyone to the conference room.”
In an instant, I threw the newspaper at the dozen people who had gathered.
“Everyone saw this, right?”
“yes.”
“how is it? “Are there many companies that have cheated?”
“Everyone is excited, but there are only a few companies large enough to join this consortium. “Everyone was complaining that the cutoff line was set quite high.”
“So it’s a media play?”
“I expect so.”
The vibrator is considering two paths.
First, Dokyacheongcheong!
“Our financial situation is not good, right?”
When I asked where they were most vulnerable, everyone just stared at me.
“When do you think the money tied up in Incheon New Town will be released?”
They lobbied hard to occupy that area, saying it would have a bright future, and as a result they secured the largest area.
But instead of walking through roses, I am only walking down a thorny path. There is no way to know when government-level infrastructure will be built, and the result is a ghost town filled with gray cement high-rise buildings.
Unsold units have piled up one after another, and there is no indication of when the locked up funds will be released. They are barely holding on with the intention of shifting responsibility to the government when the regime changes.
“I expect that there will be a breakthrough in the next administration.”
“What if the government doesn’t change?”
“I can assure you of that. The ruling party is left without a strong presidential candidate, and the opposition party only needs two strong candidates to win the primary. “The preliminaries are more difficult than the finals.”
“What I’m holding in my hand is a bill… “I need cash right now, this is going to be crazy.”
The people gathered in the conference room were thankful that their master was Vibrator, not Jinyoung Ki.
The person who strongly pushed for the Incheon new town project was Vice Chairman Jin Jin-gi. Since the difficulties started with your own wrong judgment, do not bother your subordinates.
If it were Vice Chairman Jinyoung-ki… ?
He must have completely forgotten that he was the one pushing it and encouraged them every day to get rid of the unsold inventory. Of course, 15 people would have had their heads blown off by holding the person responsible.
“Vice Chairman. “HW Chairman Lee Hak-jae reached out first, but you accept it as if you can’t win.”
Second, alliance. This is how subordinates also think.
“Come now?”
“The consortium is open. “Isn’t this courting our Sunyang?”
Vibrator said while looking around the conference room.
“Are we all of the same opinion? “Do you want to join hands with them?”
When I waved the newspaper and asked, everyone nodded.
“Then, get as much money as possible from the financial sector. “I will share only the shortfall with them.”
“I can’t do it anymore, Vice President. There is no room for financial credit. All of it has already been used in the construction of Incheon New Town and Burj Dubai. “Even corporate bonds are impossible.”
The person who answered immediately was the youngest man in the conference room.
It was a bold answer, but the conference room did not freeze. This is because Vice Chairman Jin Jin-gi is someone who does not get angry even if he says something more arrogant.
“Are you sure? “Can you take responsibility for that statement?”
“yes. “The only way left is to borrow using the group’s shares as collateral.”
“Then leave it and borrow it.”
The young man said while looking at the vibrator’s expression, unable to tell whether he was serious or not.
“It is safer to reduce the expected order size. “It is my opinion that passive management is better until the tied up money is released.”
“You never know when an opportunity like Dubai will come again. Wouldn’t it be foolish to go safely and passively?”
“In the bottom of the 9th inning, with two outs and bases loaded and a full count, there are almost no comebacks with a hit or a grand slam. “Most games end with outs.”
Vice Chairman Jin Jin-gi smiled slightly as he looked at the man who answered without saying a single word.
“Recreate the proposal and submit it to Chairman Hakjae Lee. The consortium is led by our Sunyang. “Everyone go out.”
When the people stood up, the vibrator looked at the young man from before and said,
“Director Jin will stay for a while.”
Only the two men’s vibrator expressions were much softer.
“Taejun, are you sure you have accurately figured out the financial situation?”
“Yes, father. “We have contacted all commercial banks and this is their official response.”
Jin Tae-jun, Jin Jin-gi’s eldest son, is the head of the management support division and oversees the construction and heavy industry funds. Although he is young, in his mid-30s, he has taken control of the group’s finances in a short period of time thanks to the halo given by his father and his position as head of the division.
“Taejun. If we only conduct aggressive management when we are in good condition, there will be no progress. You must always take an aggressive stance. In the bottom of the 9th inning, with two outs and bases loaded and a full count, don’t look at the batter, look at the pitcher. The pitcher is already exhausted. He threw over 100 pitches. Is his shoulder going to be okay? Everyone is exhausted and having a hard time. “It’s not just us.”
The vibrator spoke as if admonishing. Although he is a decent and honest son, he is very timid. He always checks safety first before taking a step.
He is perfect as the head of the management support division, but he is not qualified to become a top executive. Vibrator’s desire was to grow the bowl even more within 10 years.
“When times are tough, you have to grit your teeth to the point where your teeth hurt and throw to become an ace. Even if our situation is not good, it is the head of the management support center’s job to raise funds by selling even the stone ring in the closet. Crying about how difficult it is to find money is something that only comes from the mouth of a manager. “Keep that in mind.”
Managing Director Jin Tae-jun knew that if it weren’t for his son, he would have been criticized.
“sorry. I showed my shortcomings at the official meeting… .”
“are you okay. Just do better next time. I can’t forgive making the same mistake twice. got it?”
“yes.”
“okay. Go out and see. “Let’s take care of the funds again.”
The vibrator tapped my son’s shoulder.
Although he is lacking, he is a son who is not left behind.
* * *
“Chief. Managing Director Jin Tae-jun came to visit.”
The secretary opened the door and spoke in a slightly embarrassed voice. The person who comes to visit her suddenly rejects her outright, but since her owner is her family, it must have been difficult for her as well.
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“I ask you to come in. it’s okay.”
Why did you come? Is this an errand for my father?
“Dojun. “I don’t know if I interrupted it or not.”
“no. are you okay.”
As everyone is over 30, they are slowly taking over one position at a time. Jin Young-jun, the eldest grandson of this family, has already been quickly promoted to Vice President of Soonyang Electronics.
Has Jin Tae-jun already become managing director?
There are so many kids that I can’t even remember where they are playing as executives.
“How long has it been since Taejun came to the headquarters? “You learned the job by going around construction sites, right?”
“It’s been almost a year. We’re in the same building, but we’re so quiet. right?”
“I see. How was the scene? “You had a hard time, right?”
“Did I do it right? I only barely scratched the surface of the watermelon. It’s been three years since I became familiar with field terms such as horigada, uchibanashi, and shiage. “Hehe.”
I don’t know what he’s talking about, but he always shows that he messed up the scene like that.
“I think I did it right?”
It’s been a while since I’ve seen him, but he’s a cousin I’m not that close with, so I’ll end my greetings here.
“But since you came here so suddenly, I guess there’s something urgent going on?”
“Oh, you understand, right? Dubai.”
Well, if it’s not for this matter, I’m not the type of person who would come here on purpose.
However, it is not possible to accommodate all the imitations of this and that management. I need to draw a line early.
“Taejun hyung. “Before we talk about work, let me ask you one question.”
“huh. say.”
He seemed a little nervous about what words would come out of my mouth.
“If you want to talk about work with me, don’t say anything that can’t take responsibility. And you have to speak with authority. Don’t even bring up a story that requires approval without being able to decide whether to accept it or not. This room is where decision makers gather. Or a place where someone reports to me.”
Jin Taejun’s expression hardened. He would never have thought that he would reveal so blatantly the difference between his and my positions.
“There are four rooms in the main building where decisions can be made. This room, the two vice presidents’ rooms and the empty chairman’s room. If Taejun is the one who makes the decision, tell him the business and if not, talk to the person in charge. Then the person in charge will report to me. Then I make a decision.”
It was funny to see Jin Taejun’s complexion as red as a maple leaf.
Yes, at least my second uncle’s children were kind.
If it had been my oldest uncle’s children, they would have screamed out of pride.
“I feel sorry if you make that kind of face. Anyway, today is the first day Taejun came to my room, so you can say whatever you want without any conditions.”
I want to give you points just for not rushing out. Your patience is amazing.
Is it because I’m getting older? Or does it mean that it is that urgent?
“okay. Just look at it today. From next time, I will take the decision in my hands. haha.”
Taejun’s expression changed to an awkward smile.
There is no next time. It will be ten years before we have the power to make decisions.
“I’ll just tell you the conclusion. There are many construction projects, so there is a shortage of funds. “Now is the season for sowing seeds, so we return it as soon as we harvest it.”
“Are you saying it’s not ‘guhyulmi’ but ‘hwangok’?”
“huh? “What does that mean?”
“Oh, no. Farming came to mind. But I already told my uncle. Our financial affiliates also don’t have any spare funds. it’s hard.”
“Your personal money is good too. This is my first request, so don’t refuse outright but think about it. I’ll pay you plenty of interest. “You know you have a lot of money.”
“okay. I’ll think about it, but don’t get your hopes up too much. “It’s not as bad as the rumor.”
“You donate tens of billions of won to help the less fortunate, but you have no money? Lower your standards. “There will be enough money to lend.”
“Oh my, when did you say that was an enemy? “At that time, it was because I happened to make a lot of investment profit, but now I’m just making pennies.”
Jin Tae-jun, who thought it was a clear rejection, became increasingly hard-faced.
“Taejun hyung. If you’re really in a hurry, take out the money you saved and spend it first. Do you know what people who lend money are most curious about? Isn’t that person going around borrowing other people’s money rather than spending his own money? Isn’t it because he doesn’t want to lose money and thinks it’s okay for me to lose money? “It’s like this.”
“It’s not like that. I told you! “Please at least think about it.”
“know. But if you really think Dubai is an opportunity, go all in. Only then can I have faith.”
“For that, I don’t have the power to decide yet.”
Injecting this much air is enough. Now all that remains is their decision. No one can avoid the temptation of Dubai’s gorgeous skyline.
The construction industry around the world is unable to resist that temptation and is rushing at them like moths to fire. Is it possible that they are the only exception?
“First, I will meet with the financial sector. “If it is Sunyang Construction or Heavy Industries, the credit limit can be increased further.”
“I already checked. “They all shook their heads.”
I smiled and looked straight at Taejun.
“If I, who holds a tight grip on Sunyang Group’s financial affiliates, tell me, it will be difficult to ignore, right? Because words have different weight. “Hehe.”
The thoughts hidden in Taejun Jin’s eyes.
If this is what you wanted to hear from me, you did a pretty good job.
Because I don’t know if I’m digging my own grave yet.
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