Thursday, September 03, 2009

Thought of the Day: Korean Global Business #2

For the month of September I'll be posting some hints and thoughts on effective Korean global business
Thought #2
Now more than ever, understanding the mindset of Korean business is vital. I suggest you align your thinking to the core values that Korea, its leadership, and teams respect and embrace.

Recognize that top Korean business leadership endured the limited resources of the post-Korea War era, rapid growth through the 60s, 70s, and 80s, only to fight for survival in the late 1990s with the IMF Crisis. Current leadership played key roles in the post IMF era restructuring of their companies. Over the long careers they made “ the impossible, possible.” See the current crisis as an opportunity for your firm to shine and stand out, while others retrench.

Be upbeat and forward thinking—maintain a “glass is half-full vs. half-empty” attitude. Show passion and enthusiasm.

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