Building a Business Empire with my Technological System

Chapter 386: Prodding



As the tension in the room settled after Senator Moreno's sharp questioning, Michael straightened in his chair, preparing himself for what was likely the next round of inquiries. The hearing was only halfway through, and he knew the toughest questions could still be ahead. But as long as the focus remained on Reyes Corporation's accomplishments, he felt confident he could weather the storm.

Senator Isabel Santiago, the chairwoman, gave a brief glance at her notes before continuing. "Thank you, Senator Moreno. I think we've sufficiently covered the background of Mr. Reyes for now. Let's pivot back to the larger issue at hand, the impact of Reyes Corporation's rapid expansion on the Filipino people."

Michael took the moment of reprieve to glance down at the notes Juliet had passed him earlier. Focus on growth, focus on jobs. Stay calm. He nodded slightly to himself. That was the message they needed to stick to.

Senator Santiago adjusted her glasses and continued, "Mr. Reyes, Reyes Corporation has grown significantly in the energy sector, and while you've been transparent about the benefits of that growth, there are concerns about long-term sustainability. Could you elaborate on how your company plans to balance rapid expansion with environmental responsibility?"

Michael leaned forward toward the microphone, his hands resting lightly on the table. "Of course, Senator. Environmental responsibility has been a cornerstone of Reyes Corporation's strategy from day one. We've made significant investments in renewable energy sources, particularly solar and wind, as a means to not only reduce costs but also minimize the environmental footprint of our operations."

"Some might say that your rapid growth could outpace the infrastructure needed to support such environmentally friendly initiatives," Senator Santiago added.

"It's a valid concern," Michael agreed, "and one we've considered at every stage of our expansion. That's why we've been partnering with local governments and communities to ensure that our projects are built with long-term sustainability in mind. We've also put programs in place to minimize waste and optimize energy use within our facilities. In addition to that, we're collaborating with leading environmental scientists to develop new technologies that will help us further reduce emissions."

Senator Santiago nodded, seemingly satisfied for now. "And how does this factor into your pricing? Can you assure the public that the costs of these green initiatives won't be passed on to consumers?"

Michael was ready for this. "The way we see it, investing in sustainable technologies now will actually save money in the long run. We've already seen cost savings from more efficient energy use, and we pass those savings on to consumers. Our goal isn't just to be the largest provider of energy but to offer the most cost-effective and environmentally responsible options on the market."

The senators murmured amongst themselves, exchanging a few glances. For the first time since the hearing began, the atmosphere in the room felt less combative.

Juliet leaned in and whispered quietly, "You're doing great. Stay on point."

Michael gave her a quick nod before focusing on the next round of questions, this time from Senator Jose Alvarez, known for his pragmatic approach to business.

"Mr. Reyes, I'd like to discuss your impact on the tech industry. With your acquisitions in that sector, there's growing concern that Reyes Corporation is becoming too influential too quickly. Smaller tech startups are finding it hard to compete. What's your response to accusations that your growth is stifling innovation rather than promoting it?"

Michael had anticipated this question. "Senator, Reyes Corporation has always supported innovation. In fact, we've established several partnerships with smaller tech startups to help bring their ideas to market. We're not interested in stifling competition; we want to foster it. Many of the technologies we've introduced, especially in the areas of AI and cloud computing, were developed in collaboration with smaller companies."

"But how can a startup compete with the resources of a company like Reyes Corporation?" Senator Alvarez pressed.

Michael took a brief pause before responding. "It's true that we have more resources, but we also offer smaller companies something they don't have: the ability to scale quickly. By partnering with us, they gain access to the global market. We've helped dozens of startups go from local operations to international success stories. We believe that innovation thrives when big companies like ours support and collaborate with smaller innovators."

The senator considered his words for a moment. "And how do you respond to claims that your acquisitions have led to layoffs in some of these smaller companies?"

Michael kept his voice even. "Layoffs are always a concern in any industry, but we've made a conscious effort to retain staff whenever we acquire a company. In fact, we've expanded our workforce significantly in the last year alone. Our acquisitions are about growth, not contraction. We're committed to providing jobs, not eliminating them."

The room fell silent for a moment as Senator Alvarez scribbled a few notes. The mood had shifted again; Michael had managed to redirect the focus back onto the positive aspects of his company's growth.

But just as he began to feel the slightest sense of relief, Senator Moreno spoke up once more.

"Let's talk about ethics, Mr. Reyes," Moreno said, his voice cutting through the silence. "It's easy to talk about growth and innovation, but what about your corporate governance? Can you assure us that Reyes Corporation operates with full transparency, and that there are no conflicts of interest in how your company secures its deals?"

Michael sat up straighter, aware of the importance of this moment. "Senator, Reyes Corporation operates with full transparency. We have rigorous internal auditing processes in place, and we regularly undergo third-party audits to ensure compliance with all regulations. Our corporate governance is built on accountability, and we make sure that every decision is in the best interest of the company, its employees, and its consumers."

"And what about your own role in all of this?" Moreno pressed. "You have your hands in multiple industries, leading an ever-growing company. How can we be sure that there's no personal conflict of interest influencing your decisions?"

Michael took a breath. This was the question designed to throw him off balance. But he wasn't going to let that happen.

"Senator, my focus has always been on the growth and success of Reyes Corporation as a whole. I work closely with our board of directors and management teams to ensure that all decisions are made collectively, and always with the company's best interests in mind. There are no personal conflicts of interest. I'm accountable to the company's board, to our employees, and ultimately, to the Filipino people."

Moreno leaned back, seemingly unsatisfied but with little to go on.

Senator Santiago looked at the clock before addressing the room. "We've covered a lot of ground today, and I believe we've heard enough for now. This hearing will adjourn until we've had a chance to review the information provided. Mr. Reyes, we'll be in touch if we need further clarification."

Michael nodded in acknowledgment. "Thank you, Senator. I'm happy to provide any additional information you may need."

As the session adjourned, Michael, Juliet, and Luis gathered their things and made their way out of the Senate chamber. The atmosphere in the hallway was buzzing with reporters, eager to get a statement from Michael. But Juliet was quick to intercept them, keeping things brief.

"Mr. Reyes has answered all the senators' questions and will continue to cooperate with any further inquiries. Thank you," Juliet said, steering Michael toward the exit.

Once outside, Michael exhaled, releasing the tension that had been building up throughout the hearing. The car pulled up, and they climbed inside, eager to debrief.

"Well," Luis said, breaking the silence. "That was about as intense as I expected. But I think you handled yourself well. You didn't give them any ammunition."

Michael leaned back, letting the exhaustion of the day settle in. "It's not over yet, though. They're going to keep digging."

"They will," Juliet agreed. "But we've stayed consistent. That's the key."

Luis nodded in agreement. "As long as we stick to the facts and keep the focus on the company's success, we'll be fine. They're trying to make this personal, but as long as you don't take the bait, we'll get through this."

Michael stared out the window as the city streets passed by. The day had been long, but he knew the real battle was only just beginning. There would be more hearings, more questions, and more attempts to discredit his work. But with the right strategy, and a team as solid as his, he felt confident they could handle whatever came next.

For now, though, all he could think about was getting back to the Golden Topper and preparing for the next round. Your next chapter awaits on mvl

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