Shinhan Card President Lim Young-jin: "We Must Accelerate Innovation with an Open Mind"

Shinhan Card's First Half Executive Workshop
Decides to Promote 'Deep Strategy' and 'Strong Execution'

Lim Young-jin, President of Shinhan Card

[Asia Economy Reporter Ki Ha-young] Lim Young-jin, CEO of Shinhan Card, called for leaders who "read the flow of the times," "provide direction," and "accelerate the speed of the organization" to successfully execute this year's management strategy, 'DEEP-tact.'

Shinhan Card announced on the 8th that it held the '2021 First Half Executive Workshop' in a dual on- and offline format at its headquarters in Euljiro, Seoul, with all executives in attendance.

This workshop was planned under the concept of 'Shin-gosik,' which carries the meanings of 'a new person announces himself (申告),' 'new and old (新古),' and 'a higher level never seen before (新高).'

Presiding over the meeting, CEO Lim Young-jin emphasized to the executives, "Please have an open mind that constantly learns, breaks free from fixed ideas, suggests new paths, and even learns from competitors' strengths." This was based on the judgment that to survive in the new normal era, insight to read the changed trends of the market and customers and openness that transcends business boundaries are necessary.

He also urged them to strengthen the overall productivity and driving force of the organization by presenting clear goals to members, just as the best way to complete a 1,000-piece puzzle is to show the finished picture.

He added, "If you have read the changing flow of the times and set the direction through strategy formulation, what remains now is swift execution," and ordered, "Boldly remove obstacles that slow down decision-making and work execution, and accelerate the speed of company-wide innovation through clear goal recognition, trust, and delegation of authority."

Concluding his remarks, CEO Lim emphasized, "Let us make 2021 the best year through 'deep strategy' that understands the new environment and customers, and 'strong execution' that competes with digital rivals, linked to Shinhan Financial Group's strategic direction of 'solid foundation, swift change.'"

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