Thoughts on Korean Business by Don Southerton

Each weekend I turn my thought to sharing topics on Korea business. This week it's my article on Globalization and Trustworthy Management  from Korea Herald titled: 'The Tall Man’ and the Globalization of Hyundai Construction Hotel Architect Bill Swank opens Chaebol to West through Trustworthy Management Bill Swank The Tall Man Bill was the first westerner hired by the Hyundai Group. The story was written in 2013, but still timely. Bill passed away in February 2014.  It was an honor to know him. Bill was a huge advocate for my work. Article Link http://www.koreaherald.com/view.php?ud=20130729000587 Questions, Comments, Thoughts? DS

As a follow up to news on Hyundai Motor Group restructuring, we are seeing some interesting developments.  First Samsung is one of the few Groups yet to reform their shareholder structure.  That said, I feel they will adopt one similar to Hyundai's recent plan-- a hybrid from the traditional Korean Holding Corp. model. For starters and some clarity regarding the spin-off and merger within Hyundai Motor Group, Hyundai MOBIS, the new de facto holding company still plans to further beef up its core auto parts business. That said, operations for both domestic Korea modular and A/S parts will move over to GLOVIS as announced—overseas operations will remain under MOBIS. In particular, MOBIS as the Group's nerve center will focus more on R&D, and investing in future growth drivers like autonomous vehicles and connected cars. Next… and getting lots of media coverage and in my opinion nothing that radical. On Wednesday, Elliott Advisors , a hedge fund sponsor subsidiary ...