Kwon Ki-hong, Chairman of the Win-Win Growth Committee, "Expecting Committee Independence, Enhanced Status, and Support for Project Execution"

The 66th Meeting of the Win-Win Growth Committee Held, 2021 Performance Evaluation Indicators Confirmed

Chairman Kwon Ki-hong speaking at the 66th Win-Win Growth Committee meeting. Photo by Win-Win Growth Committee

[Asia Economy Reporter Kim Heeyoon] Kwon Ki-hong, Chairman of the Win-Win Growth Committee, said about the recently proposed partial amendment to the Act on the Promotion of Mutual Growth between Large and Small-Medium Enterprises, "It is expected to greatly help strengthen the independent status of the Win-Win Growth Committee while carrying out various projects to spread the culture of mutual growth."

The Win-Win Growth Committee (hereinafter referred to as 'Win-Win Committee') announced on the 29th that it held the 66th Win-Win Growth Committee meeting.

At the meeting, the resolution on the confirmation of the 2021 Win-Win Growth Index performance evaluation indicators, the promotion of the Win-Win Growth education program, and changes to the committee members were conducted.

The Win-Win Committee confirmed the 2021 Win-Win Growth Index performance evaluation indicators, maintaining the basic framework and evaluation indicators of the large enterprises' performance evaluation to facilitate smooth preparation for evaluation by the target companies, with some minor adjustments to certain items.

Also, marking the third year since the introduction of the performance evaluation system, to enhance the acceptability and discriminative power of the Win-Win Growth Index evaluation, the full score criteria for some items were adjusted, and efforts by large enterprises to contribute to non-trading small-medium enterprises and local communities in overcoming COVID-19 will continue to be evaluated.

The Win-Win Growth Committee (Chairman Kwon Ki-hong, center in the photo) announced on the 29th that it held the 66th Win-Win Growth Committee meeting. Photo by Win-Win Growth Committee

Furthermore, considering the recent importance of ESG management, which affects corporate value and sustainability, the Win-Win Committee added evaluation factors for various win-win efforts by large enterprises to build a sustainable management foundation for partner companies so that small-medium partners can effectively respond to rapidly changing internal and external management environments.

The Win-Win Committee will recruit executives and employees of large and small-medium enterprises to participate in the "Win-Win Growth CEO Course" starting from July this year. The detailed education program plans to operate through a stepwise and systematic program structure, including ▲ the necessity of win-win growth for revitalizing our economy, and ▲ understanding the global corporate environment such as social value and ESG.

Meanwhile, the Win-Win Committee appointed Oh Dong-yoon, the new President of the Small and Medium Venture Business Research Institute, and Joo Hyun, the President of the Korea Institute for Industrial Economics and Trade, as public interest members of the Win-Win Growth Committee. Their term lasts until April 2022.

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