Hyosung's Cho Hyun-sang, Yonsei University Graduation Speech: "Have the Courage to Care for Others"
Yonsei University Awards Honorary Diploma... 32 Years After Enrollment
Vice Chairman Cho Shares Insights on Overcoming IMF Crisis
[Asia Economy Reporter Choi Seoyoon] Cho Hyun-sang, Vice Chairman of Hyosung Group, attended the Yonsei University graduation ceremony in Seodaemun-gu, Seoul on the 26th and delivered a congratulatory speech. He also received an honorary diploma 32 years after his enrollment. Vice Chairman Cho, who entered Yonsei University's Department of Education in 1990, studied abroad as an exchange student at Brown University in the United States the following year and earned a degree in Economics.
In his congratulatory speech, Vice Chairman Cho said, "You have a kind of mission to create a life for yourselves and a life for all of us simultaneously in the face of hope and opportunity," adding, "Let us have the courage to use valuable experiences and passion for others."
Vice Chairman Cho recalled that during his university days at Yonsei, he felt overwhelmed as he could not get all his credits recognized due to the heavy academic workload. However, with a spirit of constant challenge, he balanced activities such as the a cappella group, the school newspaper, and the soccer club, spending a fierce yet regret-free school life.
After graduating from university, he joined the global consulting firm Bain & Company. Sharing the grueling work schedule of working 100 hours a week as a consultant, he emphasized that this valuable experience later became a solid cornerstone for leading Hyosung Group. He also shared his experience of joining Hyosung Group during the IMF crisis, enduring a precarious situation, and building the company over more than 20 years.
Vice Chairman Cho urged, "Challenge is a privilege of graduates, and even if you fail, you can get back up," adding, "Make the process of relentlessly doing your best and ultimately achieving your goals a routine in your life."
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Yonsei University stated that Vice Chairman Cho was awarded an honorary diploma for his achievements in ▲ practicing the Yonsei vision by fostering company growth through creativity, innovation, challenge, and leadership in corporate management, and ▲ practicing social contribution activities through coexistence and dedication for the cultural, sports fields, and socially vulnerable groups.
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