Jeong Ji-sun, Chairman of Hyundai Department Store Group, "Core New Year's Values: 'Discovery' and 'Connection'"

New Year's Message Shared with All Employees Across Group Affiliates via In-House Groupware
"We Must Find New Values That Match Customer Changes and Enhance Value Synergy Through Internal and External Collaboration"

Jung Ji-sun, Chairman of Hyundai Department Store Group.

[Asia Economy Reporter Kim Yuri] "Let's write together our growth story contained in 'Vision 2030' through the efforts of 'discovery,' which creates and finds new value that meets customers' changed demands, and 'connection,' which grows the 'sum of value' through internal and external collaboration."

Jung Ji-sun, Chairman of Hyundai Department Store Group, presented 'discovery' and 'connection' as the core values for action in the new year of the Year of the Tiger during the online New Year's ceremony held on the 3rd for about 15,000 employees across all group affiliates.

He said, "As the industrial paradigm is rapidly changing with the expansion of Big Blur, where boundaries between industries and business types are blurring, and with the addition of the pandemic amid consumption trend changes led by the MZ generation (Millennials + Generation Z), constant uncertainty is becoming more certain. Through efforts of discovery and connection, let's secure growth momentum for our core businesses and actively promote 'Vision 2030,' which contains the direction for future growth."

To this end, Chairman Jung emphasized the need to see the same things differently and to 'discover' what is invisible. He said, "Rather than shooting exactly at the same target, growth opportunities can be created when efforts accumulate to find new moves that shoot at targets no one has seen. If we fiercely contemplate to find and solve the changed demands of new consumer agents, ideas will emerge, and through practicing them, we will be able to create new values that customers can empathize with."

Chairman Jung further stressed that the 'sum of value' must be increased through internal and external cooperation and connection. He said, "Now, rather than competitive conflicts inside and outside, we must grow the 'sum of value' through cooperation and connections among various industries based on an open perspective. We must accept diversity and differences raised based on different perspectives and experiences and cooperate for common goals based on shared understanding of the meaning and purpose of work."

Chairman Jung particularly quoted Peter Drucker, known as the founder of modern management, who said, "Plans are only good intentions unless immediately acted upon," and emphasized, "This year, let's quickly read changes, seize growth opportunities, actively execute, and realize our growth story."

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