Happy third anniversary
June 2012 marks the third anniversary of the end of the Great Recession, the most severe of the 11 U.S. recessions since World War II _ although the..

Going global
We��ve reached a tipping point in how the world works. The largest economy in the world is no longer the economy of any one country — it is th..

Emphasis on human resources and nurturing youth
During difficult economic times, many companies around the world go all out to operate in the most cost-effective way. It is very natural that corpo..

Seoul to become a global city
Being a long-term resident, I often think back of the living conditions in Seoul in the early 1990s. During those days, Seoul was not an easy place ..

What is your dream for the year of Black Dragon?
We have just entered the new year of 2012. It is a Korean tradition to give 12 different animal signs – cow, tiger, horse, monkey, and others ..

Future of Korean auto industry
��Car guys vs. Bean counters,�� a book written by Bob Luts, has been under the spotlight. Bob Luts, a globally eminent guru in the automobile field,..

Glocalizaion �� a key success factor for global companies
I received a wedding invitation a few days ago from an old acquaintance of mine inviting me to his daughter��s wedding. I got to thinking about the ..

Living a balanced healthy lifestyle
During the last half century, as wealth and technological change advanced worldwide, the well-being trend also became widespread. Especially for the..

From crisis come opportunities
Concerns over dim outlook on the global economy, led by the financial crisis in the U.S. and European countries, still hang in the air. Regardless o..

Wanted: a leap of faith
Korea dealt with two major Foreign Exchange shocks, the 1997/1998 Asian Financial Crisis, and after the Lehman Brothers�� collapse in September 2008..