Thoughts on Korean Business by Don Southerton

FOR IMMEDIATE RELEASE The Greater New England Minority Supplier Development Council will host its annual Business Opportunity Expo October 3-5, 2011. Guest speakers include Korean global business expert Don Southerton. Denver, Sep 27, 2011 -- The Greater New England Minority Supplier Development Council, Inc. (GNEMSDC) will be hosting its annual Business Opportunity Expo at the MGM Grand at Foxwoods. This year along with a number of distinguished speakers Bridging Culture Worldwide CEO Don Southerton will share insights into Korean global business, and how GNEMSDC members can model recent successes by Korea Groups like Hyundai-Kia Motors and Samsung Electronics. Southerton notes, "Like a number of Korea-based companies, Minority-owned business (MBE) owners can look for new opportunities to grow their organizations even in rough economic times. This includes expanding their operations outside the U.S." Korean global consultant Southerton suggests taking a bold "lea...

22/09/2011 The FINANCIAL -- As a fast growing sport producing numerous world renowned star golfers, South Korea’s golfing industry is advancing rapidly as it continues to gain wide acceptance among local consumers. Even though it is often seen as a sport indulged only by the small elite population, GfK Korea’s retail audit of golf clubs recorded a massive USD 180 million worth of sales chalked up within the first six months of this year alone. According to the global leading market research company who launched its golf panel at the second half of last year, recent findings for the quarter of April to June revealed that golf club sales totaled over USD 104 million in the three months, registering a considerable 37 percent growth over quarter one’s USD75.3 million.  
 
"The number of golf enthusiasts in the country is on the rise and gauging by its good performance in the latest quarter, there’s no doubt that the industry is gaining grounds at a fast pac...

By Don Southerton, Editor I have been following the rise of screen golf in Korea. In fact, I have a long time connection to screen golf.  In the late 1980s, I felt it was time to take up golf-- encouraged by a mentor who strongly suggested it was more than recreation, but a needed professional skill. It was winter and by chance a screen golf shop had opened near one of my businesses in NY. The experience did help spur my interest in golf and by spring I had at least an acceptable swing. Jump forward 20+ years, and BCW has been working closely with Korea's top screen golf provider--Golfzon.  The technology have definitely improved--today the screen images of the golf courses are amazing and analysis from swings can help improve your game.  Interestingly, where karaoke ( noraebang ) once was the top after diner activity, today many Koreans find screen golf more rewarding... The Economist recently noted Sports Game theory Screen golf in Korea Swinging solo...