Gu Ja-eun, LS Chairman, "Strong Execution Must Follow for Sustainable Growth"

New Year's Address Delivered on the 2nd

Gu Ja-eun, Chairman of LS Group, emphasized that "strong execution must follow in order to achieve stable and sustainable growth in an environment of rapid change."

In his New Year's address to employees on the 2nd, Chairman Gu stated, "Last year, through 'Vision 2030,' we clearly shared the direction we will take," adding, "Once the direction is set, what remains is to execute and move forward toward the goals."

Koo Ja-eun, Chairman of LS Group, is delivering the 2024 New Year's address at Anyang LS Tower on the 2nd.
[Photo by LS Group]

He then presented three key focus areas for this year: ▲ Stabilizing manufacturing and securing overwhelming manufacturing competitiveness ▲ Acquiring and nurturing leading talents to pioneer future new businesses and new markets ▲ Re-arming the management philosophy of 'LS Partnership.'

Chairman Gu said, "Manufacturing competitiveness is the most fundamental and priority competitiveness we must have," and added, "To achieve this, we need to thoroughly review all manufacturing elements such as production facilities, workforce, investment, and maintenance, and expand system automation to enhance manufacturing efficiency."

He also stated, "To successfully promote the core of 'Vision 2030,' carbon-free electricity (CFE) and the new 'distribution panel' (battery, electric vehicle, semiconductor) businesses, it is extremely important to have talents who can produce results through bold execution," and "We will devote significant efforts to securing and nurturing talents through next-generation entrepreneur development and in-house MBA programs."

Chairman Gu concluded, "Although the world is in a whirlpool of chaos and change, I hope this year will be a meaningful one in which we quietly execute our tasks toward a clear vision, reaffirm how robust LS is as a company, and show this to the world."

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