FKI Unveils 'New Way' Plan... Top Priority is 'National Communication'

First Release of FKI Development Plan
Detailed Plan to Be Announced at the Regular General Meeting on the 23rd

[Asia Economy Reporter Han Ye-ju] The Federation of Korean Industries (FKI) has unveiled the basic framework of its mid- to long-term development plan, the 'New Way Initiative.' The three key themes of the initiative are public communication, future leadership, and global leap.

The FKI Future Development Committee (hereinafter Future Committee) revealed the blueprint for FKI's development direction on the 7th. The plan is to be reborn as a pioneer leading Korea's leap to the G8 by breathing with the public and designing the future. The detailed plan of the New Way Initiative, composed of three pillars?public communication, future leadership, and global leap?will be announced at the regular general meeting on the 23rd.

FKI New Way Initiative. [Provided by FKI]

The top priority identified by the Future Committee was 'public communication.' In this area, the development task is to transform FKI into an organization that "enters the public and breathes together with the people."

As the first project for public communication, the Future Committee plans to launch a Korean version of the 'Lunch with Buffett' project. This program involves three business leaders, including FKI chairpersons, CEOs of large corporations, professional managers, and successful startup founders, communicating with 30 selected members of the MZ generation. Applicants wishing to participate must submit an application form containing their talent donation plan. While the original 'Lunch with Buffett' is conducted via auction where the winning bidder pays (with all proceeds donated), participants in this quarterly project will substitute the lunch fee by implementing the talent donation plan submitted in their application within three months instead of paying money. Additionally, the Future Committee is reviewing plans such as ▲systematizing support for small and medium enterprises and holding performance report meetings ▲launching a win-win committee for large and small businesses ▲promoting the Business Hall of Fame project.

Lee Woong-yeol, chairman of the FKI Future Development Committee, said, "The change in FKI means finding and practicing things that FKI should have done but did not until now," adding, "We will return to the public, breathe together, and act with sincerity."

Before the regular general meeting, the Future Committee plans to further specify the broad direction of the development plan and review all necessary areas, including redesigning governance and organization to make it operational.

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