{"id":1547,"date":"2018-07-07T12:15:14","date_gmt":"2018-07-07T19:15:14","guid":{"rendered":"http:\/\/www.songdoibdcitytalk.com\/blog\/?p=1547"},"modified":"2018-07-07T12:17:06","modified_gmt":"2018-07-07T19:17:06","slug":"sneak-peek-korea-2020","status":"publish","type":"post","link":"https:\/\/www.songdoibdcitytalk.com\/blog\/sneak-peek-korea-2020\/","title":{"rendered":"Sneak Peek Korea 2020"},"content":{"rendered":"

Working Title Korea 2020 \u00a0 \u00a0 \u00a0 Sneak Peek 1<\/strong><\/p>\n

In recent years my works Korea Facing<\/a>, Secrets to Success in Korean Global Business (2013) and Korea Perspective (2015) both looked at Korea business–outside Korea, while Hyundai Way: Hyundai Speed (2014) was a deep dive into Hyundai Motor and Korean corporate culture. That said, over the past 3 years I have continued to author numerous published articles….\u00a0all the while pondering the next book-worthy topic.<\/div>\n
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<\/div>\n
My recent non-stop rounds of travel to South Korea has not only piled on the air miles but provided the needed research required to again begin crafting my next book.<\/div>\n
<\/div>\n
\n
\"Korea<\/a>

Seoul<\/p><\/div>\n<\/div>\n

<\/div>\n
As with past three books and those prior, I’ll be sharing chapter by chapter sneak peeks for comments, questions and in many cases your additional and much-needed thoughts.<\/div>\n
<\/div>\n
\n
To begin…Korea 2020<\/div>\n
I work within two worlds, two cultures. \u00a0In my first, I support organizations outside Korea, often advising major Korean companies on their international operations or assisting western firms\u2019 HQ C-suite leadership in their market entry ventures into South Korea.<\/div>\n
<\/div>\n
My second is counseling leadership and teams, both western and domestic, in Korea. \u00a0As a highly respected friend and colleague recently noted to a group meeting introduction, \u00a0\u201cDon has lived many lives in Korea.\u201d<\/div>\n
<\/div>\n
For the former, the overseas subsidiaries of most Korean companies have Korean management assigned to the host country. The general term for these representative employees is ju jae won. Within the local overseas organizations, they may be called Coordinators, Executive Coordinators or Executive Advisors.<\/div>\n
<\/div>\n
Some expatriates may hold a line managerial position with day-to-day responsibilities alongside western managers, while others hold key management C-level positions, such as CEO, COO, and especially CFO.<\/div>\n
<\/div>\n
Little Change<\/strong><\/div>\n
Frankly, over the past decades, little has changed in the expat model. The expatriates are consistently highly engaged in the local operations and decision-making. \u00a0More so, I see few differences from the past in their workplace dress, protocols, work habits and grueling long hours\u2014even with generational shifts occurring.<\/div>\n
<\/div>\n
Radical Change<\/strong><\/div>\n
Surprisingly, where I see the contrast is with the companies in Korea. \u00a0In fact, in what was once a sea of conformity and protocols, the workplace is undergoing radical change.<\/div>\n
<\/div>\n
Exploring this change will be the core for my new book in progress\u2014working title Korea 2020. \u00a0 As I explore and share the new Korean workplace, I envision two audiences. \u00a0My first target group is those new to Korea and its workplace. For this, my work can serve as a study guide and primer. \u00a0The second target readership is the leaders and teams outside Korea and my goal is to help this group understand the changes underway within Korea. \u00a0I see this as vital to help them better make decisions.<\/div>\n
<\/div>\n
Snapshots Tuesday PM`<\/div>\n
Driving across Gangnam amid a summer rainstorm to a meeting with a Korean multi-national firm\u2019s CEO, the newly appointed domestic leader\u2014a Korean American expatriate. \u00a0His challenges\u2014getting the local team to be open to change.<\/div>\n
<\/div>\n
Wednesday AM<\/div>\n
Meeting with senior leadership of a major Korean chaebol\u2019s tech division. \u00a0The Korean senior vice president, a newly recruited America educated Ph.D., walks into the meeting in jeans and a dress shirt. His team– in a mix of casual dress \u2013polos and collared dress shirts.<\/div>\n
<\/div>\n
Thursday Early AM<\/div>\n
Arriving at the worldwide headquarters for a top global brand, one notices the high-security measures now in place from vehicle checkpoints to heightened levels of document verification when signing in for the visit.<\/div>\n
<\/div>\n
Escorted by a staffer, we\u2019re joined by the team again in casual dress\u2026 in a workplace once best described for decades as \u00a0\u201c a sea of white shirts, ties, and dark suits.\u201d<\/div>\n
<\/div>\n
Thursday PM<\/div>\n
Passing through similar security some hours later, we were greeted by a team and its lead engineer\u2014again sporting a very trendy Ralph Lauren branded shirt. In quizzing his past work experience\u2014we learn this engineer was recruited from a rival Chaebol\u2014a once unheard of recruiting practice.<\/div>\n
<\/div>\n
Their Vice President, a European\u2014one of several in the company, and now heading up the division, joins the meeting. . \u00a0Despite a considerable difference in rank and experience, the Korean team and the VP collaborate as equals\u2014their common ground\u2014they are engineers.<\/div>\n
<\/div>\n
Friday AM<\/div>\n
A mid-level manager arrives in the office shortly after 9 AM\u2014not unusual for the worker with a 45 to 60-minute commute. \u00a0Reflecting today\u2019s workforce women in the office number the same as men. One notices the manager\u2019s casual dress–sneakers and jeans with cuffs rolled up 10+ inches, the new trend. \u00a0Few heads turn as the employee walks over to a workstation. All is considered normal.<\/div>\n
<\/div>\n
Stay tuned\u2026<\/div>\n
It is apparent to those long associated with Korea that the workplace culture is changing. \u00a0 In sneak peek previews, as an observer of Korea, I\u2019ll be sharing not only trends but also the impact of Change both in Korea and for operations and HQs outside Korea. Plus, my focus… the “why’ behind …<\/div>\n
<\/div>\n
More to come\u2026 comments and questions welcome…Korea 2020<\/div>\n
<\/div>\n
Don<\/div>\n
<\/div>\n<\/div>\n
\u00a0Copies of \u00a0ALL my previous works are available complimentary… just ask.<\/div>\n
<\/div>\n
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