“The fate of a company is to become a challenger, not a champion.”
Chairman Chey Tae-won of SK Group and other major group heads, in celebration of Im In-year, strongly ordered employees to challenge new businesses and innovate. This is because it is judged that it is difficult to pave a way through the experience of existing success in a situation where the industrial paradigm is rapidly changing in the era of ‘post-corona’. He also emphasized thorough innovation to create opportunities for the company to survive and succeed in an uncertain business environment.
“The company’s destiny is to become a challenger”
Chairman Choi said in an e-mail New Year’s greetings sent to employees on the 31st, “The fate of a company is to become a challenger, not a champion.” ) should be,” he emphasized. He added, “Corona 19 will continue for a while, but the new year will open up a different world from the past two years,” he added.
Chairman Choi said that geopolitical conflicts had never threatened economic development like this, and ordered that “we should not settle for past experiences and respond creatively based on strategic flexibility.”
It is also an important task for companies to gain trust from the public. Chairman Choi said, “After serving as chairman of the Korea Chamber of Commerce and Industry for the past year, I realized that the company is still not reaching the level of the public. “The value cannot be properly expressed,” he said.
GS Group Chairman Huh Tae-soo proposed ‘Expansion of the business ecosystem to respond to uncertainty’ as the new year’s management policy. Chairman Huh emphasized, “Corona 19 and the unstable global situation are increasing uncertainty in the business environment. According to GS Group, the business ecosystem proposed by Chairman Huh is not only cooperation between GS affiliates, but also cooperation with various companies such as external startups, venture capital, and private equity funds.
“Organization as agile as a tiger”
Kwon Oh-gap, chairman of Hyundai Heavy Industries Holdings, said in his New Year’s address that he would actively advance into new eco-friendly businesses. In particular, he emphasized the need to overcome the limitations of the manufacturing industry through active digital transformation, such as establishing an automation platform through the introduction of advanced technologies such as artificial intelligence (AI). Chairman Kwon said, “The industry paradigm is rapidly changing to digital, and ESG management is becoming an irresistible important factor.” Accordingly, he ordered that “Hyundai Heavy Industries Group should preoccupy the marine mobility market by advancing decarbonized ships and autonomous navigation technology in the shipbuilding and offshore sector, and actively advance into eco-friendly fields such as hydrogen and white bio in the energy sector.”
Hyosung Group Chairman Cho Hyun-joon emphasized the need for a change to an agile organization to respond to the rapidly changing external environment. Agile is a corporate innovation strategy that accelerates management through small, agile organizations. Chairman Cho said, “Our company still lacks the ability to quickly respond to changes in the environment and lack the ability to execute, so there are cases where it lags behind the competition or performs practically. ordered
Database management for quick decision-making was also emphasized. Chairman Cho suggested, “Let’s go to the field and collect and analyze information quickly and extensively, make digital transformation, and use it in all business activities.”
HMM CEO Bae Jae-hoon said that in the new year, he will strengthen logistics and information technology (IT) capabilities to enhance service competitiveness and materialize a mid- to long-term roadmap with new business opportunities ahead.
Major companies ended the year without holding closing ceremonies in the aftermath of COVID-19. The New Year’s opening ceremony will also be replaced with New Year’s greetings via e-mail, or the size will be minimized.
Reporter Kang Kyung-min email@example.com