POSCO Holds '2020 POSCO Forum'

[Asia Economy Reporter Park Soyeon] POSCO will hold the ‘2020 POSCO Forum’ to diagnose the rapidly changing management environment and explore the group’s future business strategies.

On the 2nd, POSCO announced that it will hold a forum under the theme ‘In an Era of Great Transformation, Asking the Path of a 100-Year Company’ over two days at the POSCO Center in Seoul, with external experts and group executives in attendance.

This forum, held for the second time following last year, will have only a small number of attendees including POSCO and metropolitan area-based group company presidents and external experts directly attending the forum in accordance with strengthened social distancing measures due to the spread of COVID-19. Other executives who cannot attend in person will watch the live broadcast online and can ask questions and participate in surveys in real time through a mobile system that allows communication with the speakers.

Chairman Choi Jeong-woo said, "As the social and economic environment rapidly changes due to COVID-19 and difficulties increase, to overcome the crisis and sustain growth as a trusted 100-year company, it is necessary to understand the flow of change and read the new values of the era, maintaining an attitude of continuous evolution." He added, "I hope this will be an opportunity to soberly reflect on the essence of our business in response to the changing demands and thoughts of stakeholders, and to seek ways to accelerate the practice of corporate citizenship management philosophy in line with the new roles and responsibilities that society requires of companies." POSCO plans to reflect the discussions from the forum in setting future business plans and directions for mid-term business strategies.

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