LG Group to Hold Business Report Meeting from 19th... Reshaping Next Year's Management Strategy

Chairman Koo Kwang-mo Presides, Conducted Over One Month

Koo Kwang-mo, CEO of LG Group

[Asia Economy Reporter Dongwoo Lee] LG Group will hold a business report meeting starting from the 19th. This is an opportunity to review this year's management performance and establish next year's business plans.

According to industry sources on the 16th, LG will conduct business report meetings for about a month starting next week. The meetings are expected to proceed in order, beginning with LG Household & Health Care, followed by chemical affiliates such as LG Chem, and then electronics and telecommunications affiliates. The meetings will be chaired by Chairman Koo, with CEOs and business division heads of each affiliate attending.

This year, discussions are expected to focus on enhancing customer value and strengthening competitiveness in core and growth businesses, aligned with the three key themes emphasized by Chairman Koo: pragmatism, customer value, and future readiness.

Following the online executive workshop held last month, each company plans to explore opportunities in the post-COVID-19 era, customer-centric transformation measures, and digital transformation strategies.

Previously, LG decided to hold only one business report meeting in the second half of the year due to the prolonged spread of COVID-19 in the first half. Until last year, business report meetings were held twice a year, in both the first and second halves.

An LG Group official said, "Starting next week, we will hold business report meetings to establish next year's business plans," adding, "We plan to focus on creating plans that can adapt to the rapidly changing environment."

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