1 / 12

Understanding Korean Workplace: Imitation to Innovation

Understanding Korean Workplace: Imitation to Innovation. SCHOOL OF BUSINESS ADMIN KNU RIEBA INNOVATION CENTER gwmoon@knu.ac.kr MOON, GYEWAN. Critical Variables for Successful Enterprises Reliability Economies of Scale Quality & Design. Number 1 items in the world

aleron
Download Presentation

Understanding Korean Workplace: Imitation to Innovation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Understanding Korean Workplace: Imitation to Innovation SCHOOL OF BUSINESS ADMIN KNU RIEBA INNOVATION CENTER gwmoon@knu.ac.kr MOON, GYEWAN

  2. Critical Variables for Successful Enterprises Reliability Economies of Scale Quality & Design Number 1 items in the world SAMSUNG ELECTRONICS (SEMICONDUCTOR – D-ram)-21% LG-DiSPLAY, SAMSUNG ELECTRONICS TFT-LCD)-46.5% HUMAX(SETOP -BOX)-11% SAMSUNG SDI, LG ELECTRONICS(PDP)-54% HYUNDAI HEAVY INDUSTRY,SAMSUNG HEAVY INDUSTRY(CARGO SHIP)-63% SAMSUNG ELECTRONICS,LG ELECTRONICS(AIR CONDITIONER)-22.3% Korean Economy

  3. CURRENT STATUS OF KOREAN CORPORATION Emergent Action Rational Action Constrained Action 2 Conservation 6 Entrepreneurial action 5 Visionary leadership IMF CoP 3 Crisis (Innovative Culture) 7 Choice 1 Winning Strategy Core Comp. 8 Creative network 4 Confusion Restructuring (Data : Hurst (1995), Crisis & Renewal revised

  4. Korean Company Growth MODEL Govt. & Industrial Policy Direction Setting Hardworking Korean/ Korean Culture Business Growth Key agents (Chaebol) Technological Learning Tools

  5. Industrial Policy • Direction Setting : Centralized Planning & Effective Govt. Intervention • Selection of Strategic Industries : Heavy & Chemical Industry (1970’s), Electronic Industry (1980’s) • Special Industry Promotion Act :1969 • Establishing Industrial Complex : Gumi Industrial Complex – Gumi Innovation Cluster • Financing : German Loans – Divided countries, Compensation money from Japanese Occupation (600 million $), Vietnam War • Provision of Human Resources : Scholars studied in the States, Japan, & Europe

  6. Hardworking Korean & Korean Culture • Neo-Confucianism 1) Education emphasized, 2) The clan in social & economic relations 3) Harmonious interpersonal relations 4) The pursuit of the highest good 5) Discipline • Hardworking Koreans 1) the national trait of tenacity 2) “han” psyche = resentment 3) conditioning during school days 4) physical environment 5) “beat Japan” spirit 6) experience of deprivation

  7. TRANSFORMING KOREAN Knowledge-based Economy Confucian Culture Protestant work ethic Smart Korean (00’s) Hard-working Korean (90’s) Entrepreneurship Global Competition Personal drive for achievement

  8. Technological Learning

  9. Technological Learning High Reverse engineering Intensity of Efforts Low Low High Existing Knowledge Base A chaebol is a business group consisting of varied corporate enterprises engaged in diversified business areas and typically owned and managed by one or two interrelated family groups.

More Related