Investor That Can See The Future

Chapter 112

We have finished moving.

X-Cop has sent a new person in charge of security and security of the house.

“See you again.”

“Chief Lee Cheol-jin, who will be responsible for the security of the two in the future… … No, now I have to call him the team leader. I wish you all the best.”

“Didn’t you originally say that you don’t do personal security?”

As I learned later, his skills and career had a reputation in X-Cop. There were many people looking for it, but all requests for personal protection were rejected.

The reason was that he didn’t want to go after high-ranking people and make fun of them.

Team leader Lee Cheol-jin smiled.

“This time I volunteered. I think it will be fun to work with you two.”

It seems that he made a good impression in the process of resolving the case of the postal company.

From our point of view, it is more comfortable to know people than to know people.

“Good for you. We wish you well.”

When I entered the house, bodyguards and housekeepers were waiting. We greeted each other as they were people who would help us in the future.

I got a cup of coffee and went out to the living room. Then I sat on the sofa and looked out at the garden.

“This is a fresh start.”

Taek-gyu asked.

“What are your plans for this year?”

I said with a smile.

“Looking back, I didn’t have any plans last year either.”

I didn’t know if Brexit would become a reality, and I didn’t know if Ronald would win. I just happened to come to this place.

How are you going this year?

* * *

In the new year, we started reorganizing our personnel.

First, I called Michael Lee, the head of human resources, and discussed it.

I looked at the material.

Security team, facility management team, HR team, finance team, general affairs team, legal team, public relations team, M&A team, planning and coordination team, etc.

“Security and facility management issues were resolved by acquiring Xcop. I am in charge of the HR team, and I have also organized the finance and general affairs teams. We need more tax accountants and accountants.”

“What about the legal team?”

“Currently, it is outsourced, and I would recommend operating it on your own.”

I nodded.

Should I take over a law firm?

“As for the M&A team, team leader Seo Sang-won, who was in Eunsung’s car group, will bring his team members as soon as the work is sorted out.”

“It’s nice to hear from you.”

OTK Company and K Company will continue to take over domestic and foreign companies in the future. The problem of M&A manpower shortage will be a little more breath-taking when team leader Seo Sang-won joins.

“We also need a public relations team. As you know, there are very few people who do not know about OTK Company today.”

Start-ups go to great lengths to make a name for themselves. But we didn’t have to.

This is because it is already widely known around the world thanks to the incidents and accidents in the past.

“Recognition is high, but the majority of negative comments.”

“Initially, Korea does not have a very good understanding of financial capital.”

Korea has grown around industrial capital. On the other hand, during the IMF, foreign financial capital came to Korea in large numbers, devouring companies and acting as an occupation force.

A typical example is the Lone Star eat-and-run incident.

Besides, we don’t get along well with the mainstream media. The reason, of course, is that I lost the government and pretended to be.

Conservative groups denounced OTK Company as a patriotic company and treated me like a killer. That’s not to say that progressive groups like us.

You are not welcomed by either the conservatives or the progressives.

“The media are pointing out that OTK Company was established in a tax haven and attacked domestic and foreign financial markets several times.”

“Well, that’s not wrong.”

“As OTK Company is not in the B2C business, there is no problem right now, but in the long run, we need a PR team.”

“Who would be better as a team leader?”

Michael presented the documents he had prepared. I smiled at a familiar face among the three recommenders.

Then we talked about the planning and coordination team.

The keynote team serves as the control tower that manages the organizations within the enterprise. Most chaebol groups have a keynote room under the group.

As it is a core organization of a company, usually the most trustworthy person is appointed.

Michael asked me.

“Has anyone thought of it?”

I nodded.

“Yes.”

After we finished talking about work, we chatted.

“How is life in Korea?”

“I and my wife are satisfied.”

After Michael arrived, personnel and organizational structure quickly stabilized. Had it not been for him, he would still be in great trouble.

“What about the company?”

“It’s fun now. But I don’t know what will happen at the end of the contract period. It’s because I can’t stand being bored.”

So the company I used to work for was spurred, and I and his wife were traveling together.

If you decide to leave, it will be hard to keep up with a salary of over a million dollars.

“Don’t worry, we’ll make it even more fun in the future.”

Michael smiled at me.

“I look forward to it.”

* * *

After Michael Lee left, I called another employee.

After a while, senior Ki Hong entered the CEO’s office.

“I’m Jeong Ki-hong, the team leader.”

“sit down please.”

Senior Ki Hong sat down, and the secretary served coffee.

He looks like he’s very nervous. He looks worried that he was called because he did something wrong.

“Are you training new employees right now?”

“That’s right.”

I was talking about the gist.

“We are going to create a public relations team, how about having a senior take charge of it? My main job is to promote OTK Company and K Company and engage in social contribution activities.”

Ki-hong has a bright personality, and she likes meeting people. She will probably fit her aptitude.

“As you know, the PR team is an important organization. That’s why I want someone I can trust to take over, but I don’t think there is anyone like him.”

Ki-hong’s face brightened at my words.

“I will do my best.”

“Select team members who you think will fit the job well. If you put it on the list, I will check it out.”

“Okay.”

I then called another employee. A young man with blonde hair and blue eyes entered. He looks like a Hollywood movie star.

From what I’ve heard, it’s very popular among female employees in the company.

After Henry came to Korea, he used the pseudonym Henry Smith. This is because the last name Goldman is not common, so someone might notice it.

Henry is the heir to lead the Golden Gate after James.

The fact that James C. Goldman sent his grandson to OTK Company instead of Golden Gate would mean to gain various experiences.

So he decided to pamper himself.

“Please take the lead of the keynote team.”

Henry was slightly perplexed.

“Am I talking?”

Someone who will leave for the Golden Gate someday. He must be asking whether he can entrust such an important task to himself.

“Your grandfather is still correcting it. I don’t know when it will be, but until then, we are a team, so please take care of it.”

Henry smiled and nodded his head.

“Okay.”

* * *

I went out with Taek-gyu and Sang-yeop senior.

“Let’s have a cup of coffee.”

There is a bench with a coffee vending machine in the outdoor lounge at the back door of the building. In fact, it was a smoking area for employees.

It was just after lunch, and some of the staff were smoking cigarettes and drinking coffee. They saw us and greeted us.

Taegyu said.

“Don’t worry about us and drink comfortably.”

Sangyeop senior put in a coin and pulled out coffee.

“What would you like to drink?”

“Coffee.”

“I’m hot chocolate.”

It’s been a long time since I mainly drink Americano and drink vending machine coffee.

“I ate it often when I was in school.”

“It reminds me of the past.”

We sat side by side on a bench and drank coffee. It was still cold, but the weather was gradually warming up.

“December is insanely busy, so I thought January would be a little better, but somehow it’s busier.”

“The new employees will get better once they get used to the job.”

Sangyeop-senpai sighed at my words.

“It takes months to educate them. Then she will die again by then.”

“It is.”

“When are you going to America?”

“Tomorrow.”

“So early?”

“I’ll go ahead and get some work done.”

A world-class event is held in the United States in January.

It’s the presidential inauguration. Elected last November, Ronald will soon become the real president of the United States.

The inauguration ceremony will be held on Capitol Hill in front of the Capitol, and of course we were invited.

Taegyu said softly.

“I don’t think I’m feeling well, but since I’m resting at home, can’t I go there alone?”

“Huh. No.”

“Why?”

“I get bored when I go alone.”

“… … .”

* * *

next day.

We boarded the plane to Detroit. After lying down and sleeping, we arrived at the airport.

When I came out of the arrival hall, the bodyguards and the vehicle were waiting.

We got into the car and drove to the Karos headquarters. After merging with Chrysler, Carlos moved its headquarters to Detroit, and its headquarters in Silicon Valley was turned into a laboratory.

Executives, including Daryl, were gathered in the conference room.

Daryl welcomed us warmly.

“long time no see. You worked hard to come.”

“nice to meet you.”

We said goodbye and sat down.(Read more @ wuxiax.com)

Currently, OTK Company owns a 96 percent stake in Karos.

The combined stakes in all the other companies we own are less than one Carlos, so in fact, it can be seen as our flagship business.

Ryan, the COO, stood up.

“I will start the management report.”

This is something I already knew from reading the material, but I listened carefully.

Even before we bought it, Chrysler was barely avoiding losses.

GM, Ford, and Chrysler, known as America’s Big Three, barely survived the 2008 financial crisis thanks to bailouts.

Unlike other companies that succeeded in improving their constitution to some extent, Chrysler did not.

Due to the decrease in sales volume, there is insufficient funds, and the lack of funds does not allow engine development.

To say that it was a new car, the design was changed and a few new functions were put in. The original version is the same, but only the makeup was beautifully decorated.

Naturally, the quality and fuel efficiency were falling, and consumer dissatisfaction increased day by day.

By the way, if it was the 90s now, I would have been able to somehow survive in this state. But the future is coming sooner than you think. Most autonomous driving technologies have already been commercialized, and it is not uncommon to see electric vehicles on the road.

In this situation, companies without technology are slowly dying. So, FCA Group hastily sold it.

This is a fact we already know. I don’t care if the sales volume drops, so I gave the order to focus on quality improvement and new car development.

But then another problem arose.

said Daryl.

“I keep getting complaints from dealers.”

“What do you say?”

“We are demanding that the incentives be raised, saying that the revenue has decreased significantly due to the decrease in sales volume. Some dealers say they will boycott sales if they decline the demand.”

The structure of the automobile industry is more complex than you might think.

First you have to build a car and then sell it to consumers. It does not end with the sale, and it must provide continuous repair and maintenance after that.

Consumers think that when they buy a car worth 30 million won, all the money goes into the pockets of automakers, but in reality, this is not the case.

One car contains about 30,000 parts. One company cannot produce all of these parts. Therefore, you have to receive and pay for the delivery from several suppliers.

It would be nice to sell these cars directly, but dealers are in charge of distribution. Dealers actively sell cars on behalf of automakers. And in return, he collects a fee. It not only sells cars, but also performs various roles such as repair, maintenance, and installment financing.

In the end, the car sales proceeds are shared among the three automakers, subcontractors, and dealers. Selling a car worth 30 million won is less than half the money that an actual car maker can get.

Almost all automakers have contracts with multiple dealers, as are premium brands such as BMW, Mercedes-Benz and Porsche.

If so, you might think that it is okay to cut ties with dealers and sell through the Internet and directly managed stores, but this is not such a simple matter.

Unlike other products, a car sales network is very important because you make a purchase decision after you touch and ride it.

In the case of Eunsung Motors, in Korea, a directly managed store and an agency (dealer company) are operated together. Even if you buy at the same price, if you buy at a directly-managed store, Eunsung will take the sales incentive, and if you buy at a dealership, the dealer will take it.

From the perspective of Eunsung, it is better to sell it at a directly-managed store if possible.

Therefore, although the number of directly-managed stores is gradually increasing in Korea, foreign sales have no choice but to rely entirely on dealers in that country.

Taek-gyu asked.

“If you cancel the contract, isn’t that a loss too?”

“It is not.”

Since there is no way dealers are making fun of the sales network they already have, they will sign a contract with another automaker and sell their car.

I sighed inwardly.

Now even the dealer is in trouble.