- 영문명
- Management Strategy of Hyosung Group
- 발행기관
- 한국경영사학회
- 저자명
- 박영렬(Young Ryeol Park)
- 간행물 정보
- 『경영사연구(경영사학)』제20집 제4호(통권39호), 1~47쪽, 전체 47쪽
- 주제분류
- 경제경영 > 경영학
- 파일형태
- 발행일자
- 2005.11.30
8,440원
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국문 초록
영문 초록
Since Hyosung started her business in 1957, it has had a sustainable growth for 40 years. This growth was attributed to her appropriate management strategies corresponding to the changes of domestic as well as global business environment such as Five-Year Economic Development Plan, the oil crisis and financial crisis in 1997.
In the period of establishment (1962-72), Hyosung pursued acquisition strategy and created new ventures in order to follow up export promotion and import substitution policy under the First Five-Year Economic Development Plan. During growth period (1973-79), Hyosung’s synthetic fiber production system was vertically integrated for overcoming oil crisis and following up the Third Five-Year Economic Development Plan. Inthis period, Hyosung also tried to cooperate with foreign corporations, and got the advanced technology in order to overcome the drawbacks as an industry follower. In addition, she diversified into PET and steel wire businesses, and diversified into unrelated field, heavy industry.
Hyosung maintained and strengthened this diversification strategy also in the period of maturity (1980-96) to surmount difficulties from second oil crisis and severe global competition. She expanded into electronics business, and was developed as a strong chemical corporation. By internationalizing the level of synthetic fiber technology and production scale, she tried to take off synthetic fiber business. In this period, Hyosung implemented business innovation very strongly, and tried to internationalize her business with leading technology of synthetic fiber. Finally, in the period of Global Take-Off (1997-present), Hyosung restructured her businesses on a large scale to overcome financial crisis in 1997, and she had started to globalize her business since the end of 1990’s.
For many years, Hyosung has established her strong foundation in Korean market by pursuing diverse management strategies according to the changes of domestic as well as foreign environment. However, it is necessary for Hyosung to develop new strategies under the era of global competition, and she should strengthen her core capabilities and global competencies through developing new technology continuously.
목차
Ⅰ. 서론
Ⅱ. 창업기 경영전략(1962-1972)
Ⅲ. 성장기의 경영전략(1973~1979)
Ⅳ. 성숙기의 경영전략(1980~1996)
Ⅴ. 글로벌 도약기의 경영전략(1997-현재)
Ⅵ. 결론
참고문헌
Abstract
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