Newly appointed Chairman Cho Hyeon-jun of Hyosung Corporation held an inauguration on the 16th and emphasized that Hyosung Corporation will be a company that will listen closely to advices, takes pride in its technologies, and succeed. Hyosung Corporation is facing its third management followed by founder Cho Hong-jae who passed away and Chairman Cho Seok-rae.
Before his inauguration, Chairman Cho attended memorial ceremony of Founder Cho Hong-jae at a family burial ground that is located in Goyang-si and held a simple and private inauguration at Hyosung’s headquarters, which is located in Mapo, with Hyosung’s executives and employees.
“While today is a glorious day when Hyosung opens a new generation, I feel valuable responsibility at the same time.” said Chairman Cho at the inauguration. “In order to lead Hyosung Corporation for another 50 years, I am going to establish Hyosung’s new future starting from today.”
Along with giving thanks for executives and employees that have done so much for development of Hyosung Corporation in the past 50 years, Chairman Cho also emphasized three conditions that will lead Hyosung Corporation to success for next 50 years.

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<Chairman Cho Hyeon-jun of Hyosung>

One of the three conditions will be to make a company that closely listens to advices. “Voices from customers are the beginning and the end of management.” said Chairman Cho. “We need to create co-existing relationship with our partners by giving them careful considerations.” Chairman Cho also added by saying that improvements and difficulties that are felt at the scenes are the starting point for development of technologies and innovation of quality and that Hyosung Corporation needs to establish a culture that considers and listens carefully so that even small ideas can be said freely.
“We are going to make a company that takes pride in our technologies.” said Chairman Cho. “By displaying sense of duty, I hope that all of our executives and employees take pride in having world’s best technologies and products. We are going to make sure that competitive edge in our technologies and will lead to successful DNA of Hyosung Corporation.”
Chairman Cho, who is known as an all-around athlete, emphasized sports spirit such as teamwork and fair play at this inauguration. “While competing with other companies with fair play spirit, let us create a group that surely wins.” said Chairman Cho with encouragements.
“Let us commit ourselves for the team and there is nothing more dangerous than a team that is composed of players that respond to each other intimately. We can only reach success when we do our best until the end and persevere with teamwork.” said Chairman Cho by quoting ‘All For One, One For All’ that comes from a novel called The Three Musketeers.
“Even when we face hardships, let us depend on each other and challenge ourselves towards the world and the future and create another successful 50 years.” said Chairman Cho.
Staff Reporter Park, Taejun | gaius@etnews.com