Sharing about my life in Korea.
References:
- Prof. Martin Hemmert, "Tiger Management" (2012)
- The Economist, "Putting in the hours" (2008)
- OECD Factbook (2009)
18. Korean Management Style
Confucianism
Japanese
influence
American
influence
Military-led
industrialization
Hierarchical social
relationship based on
age & status
Centrally controlled
diversified business
structure
Competition orientation
Military command
culture
Emphasis on family
relationship
Accumulating capital
based on dilegence
Professional pragmatism
Working on clear-cut
target
Strong emphasis on
educational merits
Sustaining under difficult
conditions
Seizing opportunities
Quick execution of plans
Strong national loyalty
Geographic mobility
Global mindset
No tolerance of failure
Source: Prof. Martin Hemmert, "Tiger Management" (2012)
19. Tiger Management
Aggresiveness
Ambitious goal setting; growth oriented
Speed
Immediate implementation of strategic direction (“ppali ppali’)
Flexibility
Seizing the opportunities
Preseverance
Work (very) hard
Leadership
Boldness & determination
Teamwork
Harmony (“Inhwa”)
R&D
High investment into human skills; eagerness to learn
Source: Prof. Martin Hemmert, "Tiger Management" (2012)