Son Kyung-sik, Chairman of the Korea Employers Federation, Receives Honorary Doctorate in Business Administration from Woosong University

[Asia Economy Reporter Kiho Sung] The Korea Employers Federation announced on the 31st that Chairman Son Kyung-sik received an honorary doctorate in business administration from Woosong University.

The Woosong University honorary doctorate degree conferment ceremony was held together with the fall semester entrance ceremony of Woosong University, and the number of attendees was minimized to about 40 to prevent the spread of the novel coronavirus infection (COVID-19).

John Endicott, President of Woosong University, explained the background for awarding the honorary degree, stating, “Chairman Son Kyung-sik is currently the chairman of CJ Group, responsible for the overall management of the group, and has greatly contributed to the economic development of the Republic of Korea by serving as chairman of major economic organizations such as the Korea Employers Federation and the Korea Chamber of Commerce and Industry.”

In his acceptance speech for the honorary degree, Chairman Son said, “Although there are predictions that a deglobalization era will come with the deepening of protectionism following the outbreak of the coronavirus, globalization is an inevitable choice as an important international division of labor involving cross-border exchanges,” and emphasized, “We must cultivate the capabilities to play a significant role in the flow of globalization.”

He also urged the new students attending the ceremony, saying, “To acquire competitiveness that surpasses the talent levels of competing countries worldwide, it is necessary to enhance understanding and insight into the global economy and culture,” and added, “Rather than simply memorizing knowledge and skills, one should develop creativity and leadership, as well as soft skills such as affinity and empathy in human relationships.”

Meanwhile, since its establishment in 1995, Woosong University has awarded honorary doctorates to individuals who have made significant contributions to the development of Korean culture and academia or have outstanding achievements in the advancement of human culture, following the resolution of the graduate school committee.

Attendees at the entrance ceremony included John Endicott, President of Woosong University; Kim Sung-kyung, founder of Woosong University (Ph.D.); Lee Dal-young, chairman of the Woosong Foundation; and Hamid Bushiki, dean of SolBridge International School of Business at Woosong University.

This content was produced with the assistance of AI translation services.