Park Jin Hyuk asked Kim Jun Woo:
"Is there any movement over at Sanfeng?"
"Nothing happened..."
"My little daughter died... and there would be no reaction?"
"A brief news item was published on a local American website, but it was quickly deleted. I guess Sanfeng did something about it."
As he spoke, Kim Jun-woo showed Park Jin-hyuk the photos on his phone.
The news reported that the daughter of a South Korean entrepreneur committed suicide in a high-end apartment in New York.
The police found no signs of intrusion by outsiders and judged from the iron wire hanging on the roof that Li Mingyun died of suicide.
"The body was discovered by the boyfriend?"
Park Jin Hyuk looked at the news content and asked.
"My boyfriend noticed something was wrong and went to the apartment to find out."
“…What a shame.”
Park Jin Hyuk recalled his phone call with Han Ji Yeon last night.
Han Ji-yeon cried and said that she used up a box of foundation cream to cover up the marks on Li Mingyun's neck, and complained that Li Mingyun's parents were too harsh on her.
Park Jin Hyuk could understand how Sampoong Group handled the situation and Han Ji Yeon's mood at the moment.
In fact, compared to the reason why Li Mingyun committed suicide, Park Zhenhe is more interested in what kind of changes will take place within Sampoong as a result.
He said to Jin Junyu:
"Call the person in charge of our e-commerce business. I want to talk to him."
When Park Soo-wan was in charge of DS Telecom, he also developed some new businesses, but most of them ended in failure.
When the e-commerce business was booming, DS Telecom also set up an e-commerce department, but due to the lack of long-term planning, it has been in a stagnant state.
Not long after, Jin Junyu came back.
"Chairman, the head of the e-commerce division is here."
Before he finished speaking, a man in his fifties walked in.
"Hello! I'm Ham Byung-sik, the head of the e-commerce division."
"Minister Ham, please take a seat."
Having said that, Park Jin Hyuk sat down on the sofa first.
Ham Byung-sik sat down respectfully on the sofa next to him.
Since Park Jin Hyuk became the chairman, he has never contacted Ham Byung Sik, so he was a little nervous and didn't know what was going on.
Park Jin Hyuk first looked at Ham Byung Shik.
[1.9 billion (approximately 10.05 million RMB)]
It seems there was a reason why he hadn't paid attention to this person before.
As the director, this number is too ordinary.
He won't be forced to go home, but I'm afraid he won't be able to achieve any amazing results.
Seeing that Ham Byung-sik seemed very nervous, Park Jin-hyuk comforted him:
"Don't be nervous, I have a few questions for you."
"yes."
Park Jin Hyuk handed a piece of information in his hand to Ham Byung Shik.
"Sanfeng Group has an e-commerce subsidiary, right?"
The content of the information is an overview of Sanfeng Group's e-commerce subsidiary.
"Its domestic market share exceeds 30%, and is expected to reach half next year. Compared with that, our share is completely insignificant."
After hearing what Park Jin Hyuk said, Ham Byung Sik lowered his head unconsciously.
He wondered anxiously whether he would be allowed to go home.
He was already familiar with Park Jin Hyuk's management style. He would fully support those he liked, but he would also lay off those who performed poorly without hesitation.
"I didn't mean to scold you."
Only then did Ham Byung-sik raise his head again.
"You are familiar with this industry, so I would like to know about Sanfeng's e-commerce business."
Ham Byung-sik quickly replied:
"Go ahead and tell me everything I know."
"Sometimes a written report is one thing, but the actual situation may be another. How is Sanfeng's e-commerce business actually going?"
Ham Byung-sik said:
"I know why you ask that question."
Park Jin Hyuk stared at him.
"Recently, Sanfeng has been making frequent moves in e-commerce, changing the organizational structure of their e-commerce company to a flat model."
"oh?"
In large enterprises such as Mitutoyo and DS Group, centralized management has always been emphasized. Therefore, flat management models have no room for survival in large groups.
Park Jin Hyuk became interested.
"What exactly is going on?"
"I think they are promoting this culture because they need to work closely with and communicate with overseas companies."
“Is their recent success also based on this organizational structure?”
"It definitely plays a role. This management model makes decisions more efficient and can better motivate employees."
“Is it possible for us to also introduce this organizational model?”
"This...I'm afraid it won't be easy."
Ham Byung-sik seemed to have little confidence.
"What's the reason?"
"With all due respect, our genes are not quite the same."
"Different genes? Are Sanfeng's genes really that good?"
"That's not what I meant. Our starting point for establishing e-commerce business is quite different."
Park Jin Hyuk looked at Ham Byung Sik in confusion, and Ham Byung Sik hurriedly explained:
"When Sanfeng first established its e-commerce business, its strategy was to become a disruptor in the industry. It has changed the existing model of e-commerce. For example, many high-end fashion brands that have entered its e-commerce platform have handmade products that can be customized according to consumer requirements."
Park Jin Hyuk listened to Ham Byung Shik's explanation with great interest.
"Usually, these fashion companies operate their own business after joining an e-commerce platform, but Sanfeng's e-commerce model is different. It strives to help manufacturers meet customer needs and achieve profitability. For example, brands like Burberry, Gucci, and Louis Vuitton have always wanted to provide fast, customized services to their customers, but they haven't been able to achieve this on a global scale before."
"...Did Sanfeng achieve it?"
"Sanfeng has achieved this on its e-commerce platform. Previously, custom Chanel products would have taken at least six months to arrive, but now it only takes four weeks to receive them on Sanfeng's e-commerce platform. Sanfeng has fully utilized its global procurement and logistics network to help numerous fashion brands provide consumers with fast custom services."
Only then did Park Jin Hyuk understand why Sampoong's e-commerce business achieved a revenue of 7 trillion yuan but still suffered losses of tens of billions. It turned out that this was the result of investing a large amount of money to support these companies.
“They really are a game changer.”
“Yes, they have achieved what other e-commerce companies have failed to do.”
"Sanfeng is mobilizing the entire group to support its e-commerce business, but we haven't been able to do that. Currently, the e-commerce business is just a department of a subsidiary."
Park Jin Hyuk increasingly felt that Sampoong's e-commerce business was not simple.
"Director Xian Ben, can you take the people from the e-commerce department out?"
"What do you mean?"
Ham Byung-sik couldn't help but widen his eyes.
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