Choi Tae-won Urges New Executives to "Break Stereotypes and Seek New Business Opportunities"

"Executives Play a Role Representing Organizational Diversity"

[Asia Economy Reporter Oh Hyung-gil] Chey Tae-won, Chairman of SK Group, urged new executives to represent organizational diversity so that they can break away from fixed ideas and discover new businesses.

Choi Tae-won, Chairman of SK Group, is attending the '2023 Dialogue with New Executives' held at Walkerhill Hotel on the 3rd, engaging in a discussion with the new executive panel.

At the '2023 Dialogue with New Executives' event held on the 3rd, Chairman Chey emphasized, "Organizations with diversity have about 20-30% higher productivity," and "New executives, as representatives of the company, should not only play a role in building relationships but also represent the diversity of the organization," SK Group announced on the 10th.

Chairman Chey stated, "Global companies are increasingly respecting and embracing diversity," and emphasized, "Executives themselves need to change, accept diversity, and adopt an attitude of seeking new businesses beyond existing fixed ideas."

He also introduced that "the proportion of women among this year's new executives is about 7%, and all are Korean nationals," pointing out that "this is an area where we need to think more deeply in terms of diversity."

Furthermore, Chairman Chey stressed that communication and management systems are necessary to form and maintain good relationships. He said, "According to the foundation of the SK Management System (SKMS), the most important thing to do well is to build relationships," adding, "We must create happiness based on trust and data to strengthen relationships with stakeholders."

Chairman Chey Tae-won of SK Group (center) is attending the '2023 Dialogue with New Executives' held at Walkerhill Hotel on the 3rd, engaging in a discussion with the new executive panel.

The event was held face-to-face for the first time in three years since 2020, with about 140 new executives from the group attending. Chairman Chey also freely discussed the company's response strategies to geopolitical issues and the leadership qualities executives should possess.

He suggested, "As decoupling by industry is expected to intensify in the future, it is necessary to understand the current business situation and establish strategies based on scenario planning to respond," and "To do this, we must turn threats into opportunities through supply chain management and market expansion."

An SK Group official said, "Chairman Chey holds communication sessions every year to encourage new executives not to lose their initial mindset," and added, "It has become part of SK Group's corporate culture for top management to communicate openly with various members such as new hires, experienced employees, new executives, and recruited executives."

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