World-Class Enterprise Association Successfully Holds 'CEO Breakfast Lecture'

The World-Class Enterprise Association announced on the 24th that it held a 'CEO Breakfast Lecture' at The Plaza Hotel Seoul, attended by more than 50 CEOs and executives from member companies.

This event was organized to explore digital innovation strategies for companies amid the rapidly changing global industrial environment. The lecture was delivered by Professor Kwon Kyuhyun, Dean of the Graduate School of Technology Management at Hanyang University.

Professor Kwon, an expert in technology management, majored in industrial engineering at KAIST and Virginia Tech, served as a senior researcher at the Korea Institute of Science and Technology (KIST), and currently leads major research and public-private DX projects in the field of technology management.

Professor Kwon emphasized that "the speed of change brought about by artificial intelligence (AI) is creating a level of uncertainty that is difficult to address with traditional experience- and planning-based management approaches," highlighting 'sensemaking' as a core leadership skill in this era of uncertainty.

He explained that while technology increases productivity and opportunities, it also reduces market predictability, making the ability to interpret 'what is important' crucial.

He further stressed the need for the principles of a High Reliability Organization (HRO), which enables stable operations even in environments with high risks and frequent changes, from the perspective of organizational management.

He stated that when the exploratory and incremental management approach known as 'Management by Groping Along,' which involves repeated small-scale experiments and learning within high reliability organizations, is combined, companies can secure stable capabilities in operations, interpretation, and learning even amid uncertainty.

Professor Kwon also explained that AX (Automation Experience) and DX (Digital Transformation) are not simply about installing new systems. He emphasized the need for a 'technology management' perspective, which involves not just adopting technology, but also innovating, designing, and connecting it to business value throughout the entire process.

He stated that in order for companies to utilize technology as a strategic asset for future competitiveness, rather than merely as a cost, such technology management capabilities are essential. Only then can DX and AX become strategies that drive sustainable growth for companies, rather than one-off projects.

A representative from the World-Class Enterprise Association said, "We hope that this breakfast lecture provided meaningful leadership and digital innovation direction for executives of member companies in the AI era," adding, "We will continue to expand customized knowledge-sharing programs to strengthen the competitiveness of our members."

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