Chapter 44: Power
The issue of lack of funds was finally brought to the weekly meeting of the board of directors for discussion.
After the reorganization of J.H, at present, entertainment, music, and has not yet taken shape, only registered the shell J.H network, as well as J.H security, the ownership is all divided into the name of J.H Holdings, because it is still a mode of equity concentration, the newly established board of directors did not conduct shareholder elections, but was appointed by Ahn Jun-hyuk, and the board of directors was preliminarily divided into 6 people, in addition to the chairman and chairman An Jun-hyuk, the other executive directors are Park Young-joon, Kwon Bo-geun, Jeon Byung-guk, Kim Jung-wook, and there is a vacant place temporarily represented by Ahn Jun-hyuk.
The meeting room is located on the top floor of Building 2, the main building of the J.H Building, facing the road and the Han River in the distance.
In the afternoon, the river breeze blew from afar, and from the window of the conference room, a silver ribbon of river water rushed silently in the field of vision, and the occasional sparkling waves reflected in pieces came into view with the figure of the ship coming and going.
Very busy but peaceful scenery.
But in the conference room, few people admired the view, "Guys, this is a detailed financial statement. Park Young-joon sent out the information he brought, except for Ahn Jun-hyuk, who had known the Tao for a long time, the other three looked at it quietly, and as time passed, the expressions of the three gradually became solemn.
Looking at their serious faces, Park Young-joon, who was sitting on Ahn Joon-hyuk's left hand, said in a deep voice: "The company's current financial situation is not optimistic, and the pace of expansion is too fast. The funds in the hands of the chairman are no longer enough to pay for the acquisition of Gmarket, and I hope that you will be able to speak freely at this meeting. β
Because it was going to be circulated at the meeting, the financial statements were not complicated, only a few simple pages, and the three of them read them quickly, and when they heard Park Young-joon's words, Kwon Bo-geun, Kim Jung-wook and Jeon Byung-kook glanced at each other, and then looked at Ahn Jun-hyuk, who was sitting in the first place and was silent. Jeon Byung-kook, who has the weakest understanding of management. touched his shaved scalp and smiled helplessly: "I'm a big boss, and I really don't know much about this aspect, so I won't talk nonsense." β
Glance at him. Park Young-joon nodded. Didn't speak.
In fact. The board of directors of the new venture has held several meetings, and at the beginning, it was Park Young-joon, Kwon Bo-geun, and Kim Jung-wook. They all treated Quan Bingguo quite cautiously, but after a few meetings, the three of them understood that the person in charge of J.H security was basically just an ornament, and he never expressed his opinion on any issue, even if he asked him, he just touched his bald head and refused, just waited for the discussion to be completed, and voted his hand on the final resolution.
Over time, several people also understood that this lord was a clay fetus Buddha at all, and he was pulled into the board of directors by Ahn Junhyuk just for good looks, showing that the appointment standards of the board of directors are equal, and no one will be excluded from the group just because the organization in charge is small. The three of them who thought they understood Ahn Joon-hyuk's intentions, gradually, they didn't care about his existence, so Park Young-joon didn't have any surprises.
After waiting for a while, Quan Baogen, who had been frowning, put down the information in his hand and pushed his heavy glasses: "The gap is very big, even if the chairman advances all the available funds in his hand, there are still 120 million US dollars unsettled, this is not a small amount, almost up to four-fifths of J.H Music's assets, for a while, there is no good way." β
"Can we consider financing?"
Kim Jung-wook, who put down the information at the least, carefully glanced at Ahn Jun-hyuk, who was quiet, leaning on Ahn Jun-hyuk, who was sitting in the first place without saying a word, and said: "Although J.H's overall business has just recently been on the right track, after all, it already has development potential, if you disclose the news of preparing for financing to the outside world at this time, the financing scale of 120 million US dollars can be solved to a large extent......"
"What kind of financing? J.H Entertainment, or J.H Music?"
Before he finished speaking, Park Yingjun asked out loud.
Jin Zhengxu was about to answer, but the corner of his eye suddenly swept to Quan Baogen's face was a little uncertain, and then looked at Park Yingjun who asked out loud, and there was a faint impatience in his eyes, and he was silent in his heart, and then smiled embarrassedly: "It's that I think it's simple, the company's business is not mature, and at this time, I proposed financing, and let outsiders take advantage of it in vain." β
On the other side, Quan Baogen's face was a little pale, "Yes, J.H Music is still just a prototype of the shelf, and the perfect trainee preparation system has not yet been built. There is no way to compare J.H music to J.H entertainment. β
As soon as he finished speaking, Park Young-joon retorted: "J.H Entertainment is not good, the assets that the entertainment company now has are only part of the copyright of "I'm Sorry, I Love You" (adaptation, online broadcasting, overseas, etc.) and "The King's Man", even if you count the equipment, it is far from J.H Music. β
"That can't be said, J.H Entertainment's profitability is still very strong, "Wang Nan" DVD and peripherals have been selling well for several months, and even exported overseas, plus its topicality and the trend it causes, it alone is worth 200 billion won. β
"The copyright held by the music company is also worth 200 billion won, and there are also Baek Ji-young and Bigbang, which is about to debut...... YG has already started to promote publicity, and the gimmick of the chairman making the lyrics and songs himself"
The two of them were arguing sentence by sentence, and Kim Jung-wook understood that it was because of something, in the final analysis, it was still power.
J.H's current group composition is too simple, and the important sectors that can achieve profitability are J.H Entertainment and J.H Music, and the people in charge of this company are Park Young-joon and Kwon Bo-geun respectively, and the-for-tat between the two is not so much worried about the loss of the company's assets, but because they are afraid that the department they are responsible for will be targeted as a financing target, so that new shareholders will dilute or replace the power in their hands.
However, this is human nature, and Kim Jung-wook knows that if J.H.'s network is targeted for financing in the future, he will have a similar reaction.
It has nothing to do with public or private. It is just a subconscious maintenance of power by those in power, and some people once called this sentiment "sectarianism" (that is, against the thinking and behavior of individual subordination to the organization, minority subordination to the majority, and subordination of subordinates to superiors based on personal interests), and regarded it as an important factor that leads to the loss of unity and combat effectiveness of a group, but it is like the famous words of a great man in the red country next door: there is no faction in the party, and there are all kinds of strange things!
As long as the boundaries between individuals and organizations exist, this situation cannot be avoided.
In general, the reason for this situation is the current position structure of the board of directors, if the two do not have J.H Entertainment and J.H Music in their hands, then. It is natural to look at the problem from the perspective of group interests...... But in other words. In this emerging group, if Ahn Joon-hyuk doesn't hand over power to the veterans who accompany him to fight for entrepreneurship, and doesn't entrust his limited standing seats to his own people, then in the future. As J.H grows in size. The composition of shares is more complex. It's hard to say whether there will be a clichΓ© between the founders and the capitalists, and maybe they will be turned against the guest and make wedding clothes for others!
This is Kim Jung-wook's cognition in the business circle for many years. It's really a deep experience, so he originally wanted to make a suggestion to use J.H Entertainment and J.H Music loans, but at this time, he didn't say it, it involved a power struggle, and he didn't need to be a villain because he had a firm foothold in the group.
β¦β¦ Only, what will he think?......
Thinking about it, he looked at Ahn Joon-hyuk.
At that time, the sun in the south outside the window was gradually sinking in the west, and the huge shadow of the city was pressed from the west, spreading through the window, and the interior that was originally full of skylight, the first place on the side of the floor-to-ceiling window was covered by shadows, and Ahn Jun-hyuk, who was sitting quietly, his whole body seemed to melt into a faint darkness, deep and restrained, but just at a glance, Kim Jung-wook had an indescribable stagnation in his heart.
When he was quietly observing Ahn Junhyuk, Ahn Junhyuk looked at the arguments of several people on both sides of the table.
If any company wants to become bigger and stronger, the transformation of the equity structure from private to public is an inevitable process, and the publicization of the company may decentralize power, but the resulting broad financing channels can also ensure that a company can get enough help to soar in the face of the right opportunity.
Therefore, after returning to China this time, he began to work on the grouping of J.H, banning the original Yiyantang, and gradually delegating power to Park Young-joon and others, all in order to pave the way for collectivization, because only at this time a limited number of executive director seats were established, and in the future, in the face of other capitalists who have invested in the shares, he can ensure sufficient support rate, so as to re-centralize power, and prevent the company he worked so hard to build from being swallowed up by outsiders.
On the other hand, it is also because the scale of the company is gradually getting bigger, and senior executives such as Park Young-jun and Kwon Bo-geun have increasingly strong capital in their hands, but they do not have the matching decision-making power, and this kind of personnel structure is abnormal.
Although they are where they are today, it is precisely because of this that they must be more careful in the handling of each other's interpersonal relationships.
There is a saying called "Shengmien, Doumien", he may have given them wealth, but if this wealth does not have the corresponding power matching, it can easily become a heavy pressure - you are very beautiful in front of people, you are very rich, you have achievements, but these scenery, these money, these achievements are given to you by others, he can give you, and you can also take it, this pressure will become heavier and heavier with the evolution of prosperous life, until it becomes a rope to tighten reason!
When that develops, the so-called friendship is hatred in the blink of an eye.
Therefore, delegating power is a must, and many things, he no longer decides at once, but takes the initiative to hand them over to the board of directors for discussion, so that they can gradually get used to and enjoy this power.
Of course, everything must be kept under control.
Seeing that the argument between Kwon Bo-geun and Park Young-joon began to be fierce, Ahn Joon-hyuk, who had not spoken, knocked on the table: "Okay, don't think about financing now, today's meeting is to solve the gap of 120 million!"
The voice was not loud, but the moment he spoke, Park Young-joon and Kwon Bo-geun, who were already a little excited, immediately stopped.
"Yes, President!"
Looking at the two who were still fighting each other a moment ago, he stopped almost without any hesitation, and then sat back in his place, Jin Jung-wook looked at the figure again, and his senses suddenly changed a little.
Some idealistic descriptions, the dimness in the field of vision that seems to be integrated with him, gives people a vast, profound, and abyss impression in an instant!
In literary works, this kind of intangible thing is called aura, and it is described as majesty in the vocabulary, and many people think that it does not exist, but those who have actually experienced it know that there is a kind of person, even if he sits there and does not speak, no one dares to ignore him, just like the stars no matter how bright they are, they can't hide the brilliance of a bleak crescent moon!
The momentum is not ethereal, it is itself based on the contrast between the strength and the senses!
Savoring this feeling, Jin Zhengxu felt a little agitated and a little frightened. (To be continued......)