Story of a Big Player from Gangnam

Chapter 597 - Certificate of Inno-Biz (2) – Part 2



The internal auditor let out a dry cough, and he responded to Director Kim’s comment, “Dyeon Korea is not without a technology research team. Our compound room is our research center where our company’s innovative technologies are being developed. In my opinion, changing the name of our compound room to a ‘technology research center’ will do the trick. We can then record all of the expenses that have been spent for the compound room as R&D expenses, such as the labor cost for the workers in the compound room, the cost for the equipment there, and the cost for any chemicals and materials used.”

Director Kim raised other relevant issues, “Getting the certificate is not a simple process of registering our company as a tech company for Inno-Biz, but we will need to foster a proper environment to be an innovative tech company that develops technologies as a major part of its nature of business. We will have to implement an internal delegation of authority policy, a proposal system, OJT (On The Job Training) system, etc.”

Gun-Ho said, “The things that Mr. Director Kim just listed need to be done whether we apply for the certificate of Inno-Biz or not, and we will implement them. Therefore, I want to organize a special team that will undertake the project of obtaining the Inno-Biz certificate. I need an executive officer to lead this special team.”

All of the executive officers in the room fixed their eyes on their notes without saying a word. Leading a special team would be extra work for them, and no one seemed to volunteer for that onerous extra work.

Gun-Ho continued, “Secondly, as of today, we will name our compound room as the ‘technology research center,’ and we rehire the former GH Mobile’s research center’s chief officer—Mr. Gil-Hoon Bang—who is currently holding a one-year advisory position, as our technology research center’s new chief officer. Manager Hee-Yeol Yoo will be assigned to the position of deputy chief research officer.”

Director Kim chipped in by raising his hand.

“I’d like to nominate Assistant Manager Il-Gi Seong at the sales department to the position of the team lead of the Inno-Biz special team. It would be a good opportunity to have him grasp the overall business and status of our company.”

“Sounds good. Then, Assistant Manager Il-Gi Seong will be the team lead of our Inno-Biz TFT (Task Force Team), and we will prepare for the site inspection to be conducted by the Inno-Biz Association. If you have an objection, this is the time to bring it up.”

Director Kim said, “As a matter of fact, we’ve neglected GH Mobile’s former chief research officer just because he is old and holding a temporary advisory position. He is a very experienced researcher with extensive technical know-how. We will need to get him an office with good pay. He still has a lot to offer for our company. He comes here to work erratically these days, so we are not sure when he would show up. I will give him a call and ask him to come to work. Sir, I think it’s better that you talk to him in person directly about his new position.”

“Hmm, sure. I will do that.”

“You previously said, sir, that you want one of the executives to lead the Inno-Biz TFT. I think the vice president should lead the team. We can create a committee that manages TFT’s team lead, and Mr. Vice President Adam Castler can take the position of chief of the committee, and I will work as the deputy chief of the committee. That would be the official structure surrounding the Inno-Biz project, but most of the actual work will be done by the team lead and myself.”

Director Yoon, who had been quiet during the entire meeting so far, added, “Sir, I think you should talk directly to Assistant Hee-Yeol Yoo, who is also working as a plant manager, about renaming the compound room as the technology research center and having the former chief research officer as our new chief research officer.”

“No problem. I will do that.”

“Also, I suggest that we pay the task force team incentive, like a bonus for their additional responsibility.”

“Hmm, I will have to see the actual proposal about it. Why don’t you—Mr. Director Yoon—write a proposition with details and bring it to me?”

“Yes, sir.”

 

 

 

 

 


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