- Mong-gyu Chung, Chairman of HDC Group, emphasized free communication and
extreme transparency at the future strategy meeting
- Delivered a message with sharing future concerns with the executive
management of HDC Group through a reading discussion
“We need an organizational
culture that makes us a fearless organization that communicates transparently”
Chairman Mong-gyu Chung emphasized it to the representatives of affiliates at the
Future Strategy Meeting
of HDC Group.
HDC Group (Chairman Mong-gyu Chung) held the “Future Strategy Meeting of HDC Group” on the 22nd at IPark Tower, Samsung-dong, Gangnam-gu. The Future Strategy Meeting is where the top executives of HDC group
gather biweekly to discuss the group's future direction and current improvements. It began in May 2019 and it was
the 12th time. Chairman Mong-gyu Chung has paid special attention to it so that it
can be the center of the advanced corporate culture. For example, each affiliate takes turns to be a facilitator
and lead the meeting and everyone is encouraged to present the pros and cons
for each agenda.
During this future strategy meeting, much time was devoted to reading discussions about
Ray Dario's "Principles" and Amy Edmondson's "Fearless
Organization", recommended by Chairman
Mong-gyu Chung at the last
meeting. The representatives of the affiliates shared the problems of
current discussion and organizational culture in the affiliates. They also agreed that leaders must take
an important role to give members trust that they will not be penalized or criticized for any
opinions and comments. Moreover, they concurred that everyone should strive to
establish a corporate culture
that “accepts a mistake but does not accept not to learn from a mistake” based
on the transparency
of the work and the importance of talented people, as stated in the “Principle”, in HDC Group.
Chairman Mong-gyu Chung said, “For the healthy development
of an organization, a transparent
organizational culture
shall be supported. The transparent organizational culture allows members to express their opinions
freely.” He asked top executives “To listen to the opinions of their members so
we can generate an organizational culture where members can freely discuss HDC
group and the role of the company for the future development of South Korea.”
Meanwhile, Mong-gyu Chung, Chairman of HDC, has been steadily
promoting reading and discussion
in the group. He recommends or presents good
books to executives and staff from time to time to deliver a message and holds a
reading discussion frequently. An official of
HDC Group
said, “This was a meaningful time to sympathize with the organizational culture
of HDC, which is growing as a mobility group through this future strategy
meeting.”