LG chief convenes CEO meeting to review growth strategy
LG Group Chairman Koo Kwang-mo reportedly convened some 30 CEOs on Tuesday to discuss the group's longer-term strategies ahead of the weeklong Chuseok holiday.
Top executives of key affiliates, including LG Electronics, LG Display, LG Innotek, LG Chem and LG Energy Solution, attended the annual workshop that took place at LG Academy in Icheon, Gyeonggi Province, according to news reports.
For Koo who took office in 2019, this marked the fifth occasion to convene the meeting. The event was held online in 2020 and 2021 due to the COVID-19 pandemic, but resumed as an in-person meeting in 2022.
The primary agenda seemed to be evaluating the direction of LG’s future investments, especially in the so-called “ABC” sectors – artificial intelligence, biotech and clean tech. Koo has highlighted these areas as pivotal for the conglomerate's future growth.
Realizing LG's customer-centric approach was also known to be another main topic of discussion. Koo has been a vocal advocate for a management style that prioritizes a reciprocal relationship between the company and its customers, fostering mutual growth and synergy.
"Though the economic recovery is taking longer than anticipated, LG’s vision should not be dictated by external trends. We need to stay grounded, always prioritizing our customers' evolving desires," Koo had said during last year’s workshop.
Making last-ditch efforts to support Busan’s bid to host the 2030 World Expo was also likely to have been discussed during the meeting, with the hosting city set to be decided in November.
LG has already been promoting the port city’s expo bid by traveling around the world. In the coming weeks, the group plans to carry out promotional activities focusing on European cities, including Paris, London and Brussels.
After the workshop, LG's calendar will be marked with business report meetings for each affiliate. These reviews, slated for October, aim to assess this year's performance and set objectives for the subsequent year.
(责任编辑:음악)
下一篇:BTS' V and Blackpink's Jennie break up: sources
- ·Hyundai Motor to halt Asan factory in Korea for EV factory construction
- ·Speculation grows over Yoon's looming Cabinet shakeup
- ·Female Nexon employee berates 'misandrist gesture' in MapleStory video
- ·군사력은 미국이 우위지만, 글로벌 공급망은 미·중 비등 [중앙포럼]
- ·TBS appeals to Seoul to hold off on slashing support
- ·Samsung's Harman acquires audio platform Roon
- ·'Batter Up': YG rookie Babymonster to debut as six
- ·이상민 "현실적 선택지는 국민의힘…12월 초까지 거취 결정"
- ·S. Korea, US, Japan to discuss regional security issues: White House
- ·Death toll from Afghan quakes rises to more than 2,000
- ·Orchestra composed of players with visual impairment to perform Oct. 4
- ·[Herald Interview] S&P economist tells Korea to brace for worst
- ·안철수 “이준석 신당 성공 가능성 낮아…3가지 갖추지 못해“
- ·Ive kicks off first world tour, 'Show What I Have'
- ·Young swimmer enjoys self
- ·Israeli forces clash with Hamas gunmen after hundreds killed
- ·Yoon visits Busan after failed World Expo bid
- ·Chief justice seat at top court left vacant amid Assembly chaos
- ·Auditor says Moon govt distorted 2020 death of fisheries official
- ·Seoul shares open lower on Fed, growth woes
- ·NK sports broadcast labels S. Korea ‘puppets'
- ·Orchestra composed of players with visual impairment to perform Oct. 4
- ·[News Focus] Why Kim Jong
- ·Questions remain after passage of anonymous birth bill
- ·Hamas surprise attack out of Gaza leaves hundreds dead in fighting, retaliation
- ·Satellite imagery highlights 'dramatic' increase in N. Korea
- ·Seoul high court sides with iPhone owners against Apple over ‘batterygate’
- ·S. Korean ambassador says stronger Russia