Chapter 96
Chapter 96
Chapter 96 I’m Not Here To Listen To Your Opinions
The entire conference room was filled with voices directed at Julian Parks. Content protected by Nôv/el(D)rama.Org.
Albert said, “Julian, you’re still too young, too greedy and have lost your rationality because of your desires. We all know that the lower class occupies a larger proportion of the market, but have you ever thought of the possibility that our brand might degrade once we enter the low-production market?”
Christopher said, “Exactly. Once the brand drops in value, the entire corporation will be affected.”
Timothy Parks said, “Under normal circumstances, if a brand makes both mid- and high-end products and low-end products, then those high-end customers would choose to change brands to maintain their class. If we do this, we’d have more to lose than to gain. Therefore, please think twice, Julian…”
“Timothy’s right.”
“Yeah, Timothy’s point exactly. Let’s take the down jacket as an example. A high-end down jacket sells for al few hundred dollars more than 4,500 dollars with about 4,500 dollars of profit. On the other hand, a low-end down jacket sells for 75 dollars or lower, and the cost is about 45 dollars. Julian, calculate the difference between 30 dollars and 4,500 dollars. What’s the ratio again? 1:150. Basically, one high- end client gives us more profit than 100 low-end clients.
“Furthermore, our Parks Group products are diversified. High-end customers recognize our Parks Group brand because we are taking the high-end route. Once we make low-end products, our cosmetics market will also greatly fluctuate.
“Do you think those high-end customers will continue to use Parks Group’s cosmetics once they decide not to buy Parks Group’s clothes?”
“Yes! That’s right. Therefore, we object to Parks Group making low-end products.”
“Let’s vote. The majority wins,” Albert said.
Annalise Barton sat quietly beside Julian. She did not say a word and only observed everyone’s expressions. Most of them were really targeting Julian.
She had already expected Julian’s situation to be difficult. After all, in Parks Group, other than Samuel and Cassandra Parks who supported Julian, he had almost no supporters. He had to rely on himself.
He was just a 26-year-old young man.
At 26, most people would not have even graduated yet, while Julian had already taken on the responsibility of the entire Parks Family. Apart from settling internal conflicts, he also had to learn to survive in the cruel and deceitful business world.
At this moment, Annalise truly felt how difficult things were for Julianm and she seemed to be unable to help him at all.
She reached out and held his hand.
After Julian looked at her gently, his expression became cold again and said, “As I’ve just said, I’ve already made the decision. I’m here today to inform you, not to ask for your opinions. Therefore, there’s no need to vote, because your opinions will not affect my decision even the slightest.”
Tony Parks could not take it anymore. He shouted, “The leader of a cooperation needs to listen to the opinions of others, or this is a dictatorship.”
Julian replied calmly, “No, good leaders make their own decisions. If a decision can only be made when everyone agrees with it, no decisions will ever be made and carried out. There’s no room to make everyone happy.”
“Then what’s the point of summoning us to have this meeting?” Albert could not help expressing his dissatisfaction.
Julian said firmly, “I’m in charge of making decisions, and you’re in charge of implementing them. The point of this meeting is for me to tell you my decision. You are all free to add icing on the cake to my decision, but if you want to object to my decision, wait till my decisions are proven to have failed.”
“If this decision of yours turns out to be a colossal mistake, the consequences will be irreversible. If we object to you by then, the damages would have already been done and it would be too late,” Christopher said with a heartbroken look on his face.
Cassandra really could not take it anymore and supported Julian, “As everyone can see, ever since Julian started managing the Parks Group, in just more than two years, Parks Group’s performance has skyrocketed…”
Albert interrupted, “That’s because the market is good right now. When the market is thriving, how can the company’s performance not skyrocket, no matter who’s in charge? To put it bluntly, if Timothy had been managing for the past two years, the performance might have soared even faster.”
Cassandra said bluntly, “You really have the nerve to flatter yourself? Last year, Timothy’s electronics factory’s mistake destroyed an entire patch of PCB and cost us at least 450 thousand dollars…”
*450 thousand is nothing to Parks Group.” Albert blushed.
Cassandra calmly said, “Yes, this is indeed not a big number. However, that’s beside the point. What I wanted to say is that Timothy made a mistake managing just the electronics factory, How can he manage the entire Parks Group? Make the Parks Group’s performance soar?
“You!” Albert was rendered speechless. He began to insult her personally. “You’ve already got married and taken on another surname, you’re just an outsider, what right do you have to stand here and criticize Parks Group?”
Cassandra was quite the debater. She was very calm and collected. She only brought up the facts to argue her logic. “I’m just stating facts. I’m not criticizing. Yes, I’m married, and yes, I’ve changed my surname, but don’t I also have 2% of Parks Group’s shares? I’m a shareholder of Parks Group and also have Parks Group voting rights. I don’t want to get involved in these things, but as a shareholder, I can’t stay out of it! “Didn’t I tell you last time that as long as you give me 3 billion dollars and I sell the shares in my hands to you, I don’t have to care about Parks Group anymore?”
“You!” Albert was furious. “You asked for 3 billion for 2% ! It’s daylight robbery!”
“How is it robbery? Business is all about buying and selling. What, did I hold you at gunpoint to buy my shares? What a joke. 3 billion or I’ll continue to hold the shares and enjoy my dividends of hundreds of millions of dollars every year under Julian’s management. Julian is now 26 years old. If he stays in the position for 50 more years, I’d have earned 3 billion just in dividends by then. Plus, I’ll still have this 2% of shares, Cassandra said.
She said this on purpose to anger Albert and also to remind the shareholders that after Julian started managing the Parks Group, its sales had skyrocketed over the years and their dividends would also increase every year if they supported Julian.
Sure enough, after hearing what Cassandra said, two small shareholders who were originally a little uncertain immediately supported Julian. “Although President Julian is young, his horizons are broad and he acts decisively. I believe that he made such a decision after market research and careful consideration, so I support him.”
“I also support President Julian.”
Cassandra heaved a sigh of relief.
Annalise Barton also heaved a sigh of relief.
Of course, there were still people who suspected that after the Parks Group entered the low-end market, its reputation would decline, which in turn would affect Parks Group’s overall economic development.
Julian looked up and asked coldly, “What is Parks Group’s main product?”