Hanwha Group: Core Values
Sinyong gwa Uiri: What Actually Drives Hanwha Hanwha Group : Core Values and Workplace Culture For decades, my consultancy has engaged with Korean chaebol. My work has been uncovering and sharing company cultures, for example my Hyundai Way book series . I've also done deep dives into SK and LG plus dozens of other companies. I am now turning to Hanwha. Hanwha lists three core values: Challenge, Dedication, and Integrity. Those are cited on the website and in the onboarding deck. Like the other chaebol, it is not what drives the company. More telling is the founding philosophy of Kim Jong-hee , who formed Korea Explosives in 1952. His core values, their corporate motto ( sahoon ) was sinyong gwa uiri , trust and loyalty. I see these as core Hanwha values. Sinyong 신용 and Uiri 의리 Sinyong is in the moral sense, trust. Uiri is a strong sense of honor and duty within a relationship, not corporate loyalty in the HR sense. I see both as grounded in Korea's Neo-Confucian roots . The...