Management based on "Chunshi (heaven-appointed time),"
"Jiri (geographical advantage)," and "Inhwa (harmony among people)"
There is an old saying that great success will only come when it entails "Chunshi," "Jiri," and "Inhwa." At the moment, LG Electronics has two of the above-mentioned factors on its side. As the electronics industry is shifting from analog to digital, there is an expansion of new business opportunities (heaven-appointed time), which coincides with the Korean electronics industry's "geographical edge" due to its location between China and Japan. The country of Japan used to be considered as the world's strongest electronics power but is now undergoing huge restructuring and China, which sees itself hot on the heels of Korea, is still lagging far behind in terms of world-class standards.
If we can learn to take advantage of the "Chunshi" and "Jiri" mentioned above with the "Inhwa" we posses, I am sure that success is within our reach. "Inhwa," mentioned here are our professional skills and a partnership, supported by shared modesty, kindness, and class. I am doing my best to achieve great success with "Chunshi," "Jiri," and "Inhwa," through innovative, performance-based activities.
alternative measures. He leads business meetings armed with reliable data and facts, and studies relevant documents meticulously in order to ensure accuracy in his judgment.
Aiming to Make LG Electronics No. 1 through Partnership Management
What examples of partnership do we encounter on a daily basis? I believe that a true partnership involves modesty, kindness, and class. A man with many partnerships is always modest and kind. The kind of true modesty mentioned here is something that automatically manifests itself outwardly when you are equipped with inner passion and skills. However, modesty that lacks passion and skills is not modesty but cowardice. If you possess passion and skills on the inside and are modest on the outside, you have every chance of securing successful partnerships. I will strive to embrace this partnership to achieve win-win strategies.
Modesty is the external expression of partnership. Such modesty comes from competence and self-confidence. "No. 1 — LG Electronics" begins with the expression of self-confidence. You can build up your self-confidence when you work honestly and have the corresponding result evaluated properly. I try to make a point of acknowledging notable performance by giving out exceptional rewards. Individuals should strive to ensure that their superior performance is evaluated and recognized properly.
Fostering Great Talents that can Adjust to Change
The world is constantly changing. If we do not forecast nor respond properly to future changes, we will surely go out of business. I am striving to bolster my capabilities, and subsequently foster the best talents, capable of responding effectively to the demands of the future. Also, in order to respond positively to the digital revolution, I am encouraging the talents of R&D employees so that the company can benefit from skills in software engineer processes and technologies.
I am endeavoring to nurture disciplined, dedicated, and talented employees. "Disciplined people" are those who are equipped (in their given field) with the kind of skills necessary for our company to join the ranks of the world's top three companies. "Dedicated people" are those who work passionately to realize their individual visions, in line with the company vision.