GS, Foundation for Innovative Growth with '52g' to Foster Creative Talent

GS Group executives and employees are taking a commemorative photo after the 52g webinar of the innovation community.

[Asia Economy Reporter Oh Hyung-gil] GS Group is focusing on laying the foundation for innovative growth through nurturing creative talent.

GS's recently launched open innovation community '52g' plays an important role in fostering a collaborative culture within the group alongside talent development.

Experts from the United States conduct real-time webinar lectures on topics such as design thinking, digital transformation, and Silicon Valley innovation methodologies. Last year, about 200 employees voluntarily participated in 52g and engaged in a learning challenge program to identify and improve on-site issues.

GS Group Chairman Huh Tae-soo also participates in 52g, inspiring members with innovation and emphasizing the importance of digital transformation and open innovation. Chairman Huh has consistently stressed that "the core competitiveness to overcome the hyper-competitive era lies in how meticulously we understand and respond to individual customer needs," and that "all businesses start from changes and needs of customers."

In April, GS Group held the 2nd The GS Challenge Demo Day, advancing efforts to discover and nurture energy tech startups. Fifty-five companies applied in three fields: energy production and management, electric vehicles and the hydrogen economy, and carbon capture, utilization, and circular economy, from which six startups were selected. These startups visit the GS Caltex Technology Research Institute and concretize their business models through one-on-one mentoring.

Chairman Huh said, "Startups can quickly seize business opportunities in various fields, and large corporations have strengths in business commercialization, so they can mutually assist each other," adding, "We will continue efforts to discover and nurture various startups, including biotech and energy tech, both domestically and internationally."

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