This minded manager/owner is very loud in Korea.

2024. 5. 6. 02:46U.S. Economic Stock Market Outlook

"Is it easy to eat other people's money?"

This minded manager/owner is very loud in Korea.

Not only MZ, but also Generation X in the past responded like this.

"You only need to show responsibility as much as you get paid. Why do you work cutting my flesh?"

Then, self-introduction experts criticize like this.

"Wouldn't the members of the organization develop only when it is of great help to the organization with a sense of ownership? How can you take a life that is not proactive for granted?"

Then the young people respond like this.

"The development of members in an organization that is incentivized and dominated by owners and capitalists? Puck."

Then the cover letter experts fight back.

"Then start a business and eat all the rewards of your talent and hard work. Why are you expressing dissatisfaction with the organization when you won't?"

MZ or past Gen X youth explode here.

"What in a chaebol society where people step on and kill or rob ideas, let alone collaborate?"

Young people, both in the past and now, fall into debauchery for a reason. This is because old people who do not properly compensate for their passion and efforts and just treat them like slaves frustrated young people.
This is because they divided the grades into golden tea skewers and iron tea skewers and told them to kick golden tea skewers, but they soon treated free people as losers and losers, creating a society in which they did not achieve success.

As such, Korea's happiness index by generation is always in place.
Generation theory is empty. Because not all generations have ever been happy.

Still, vested interests hide their monopolization and exploitation of wealth and happiness by encouraging intergenerational feuds and setting up fights. [Contradictory situation for failing businesses]

When any company is faced with an irreparable level of difficulty, it has to be viewed separately from two perspectives.

Cash cow areas that are still productive
Areas of problems that need to be sorted out and addressed.

The first symptom of a dying business is that money dries up first,
Then the talent leaves.

Then, very few people, led by the CEO, have to remain and exert superhuman power, which creates a contradiction.

With the workforce and energy reduced to 1/10 of their prime, both topics must be taken together, so problem-solving ability is reduced to 2 again, putting them in a ridiculous situation where they have to solve bigger and more difficult problems simultaneously with much lower energy

The solution at this time is,
- We look at the management targets in two (there are actually two companies),
- We divide the management entities according to the required expertise,
- Each team sets their own goals and manages them separately.

1. Cash cow management is working hard
2. The management team is working hard to solve the problem

The reason for this division is to temporarily lay down everything else and make concessions to keep the good side of the company alive so that employees, investors, and creditors can find money.

However, most CEOs just miss their last chance for the following reasons.

1. Rather than believing in numbers, CEOs believe in their will or stubbornness.
2. The CEO makes the crucial mistake of sacrificing Cash Cow to fix the problem.
3. The CEO is psychologically withdrawn and can't trust people.

In the end, they eat a cow (Cash cow) because they are hungry and choose to avoid everything that is really left. "Even if it's ruined, I'll ruin it with my own hands," is the most terrible determination of the CEO.

The writing was long, but to put it simply,
When the ship cruises, it becomes one person, but when there is a hole in the ship, it needs two people to row and pump water.

---
There are a lot of difficult places these days, so I wrote this once, but after I finished writing it, it reminds me of Group Y in the past.

At that time, I was in a position where I could only give you an opinion as the CEO of the acquired company, but the last advice was sentimental.

"
The last M&A was 500 billion won, right?
But that's about the total number of blue-chip companies owned by the group.
This means that no entrepreneur or creditor will be harmed if they keep it.
However, if one person grabs it, the price of insolvency will be paid in high-quality assets, so it will end up eating cattle.
Then everyone loses money.
"

ps.
The footage shows Iron Man making a comeback by entrusting his life to a local kid when he is at the bottom. I have never seen a crisis overcome by myself, unable to solve a big crisis by myself and failing to let go of myself.

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