1. 1. Korean Management Style
2. 2. SOUTH KOREA at a glance Adult Literacy Rate 98% GDP US$833bn Currency Won Expertise in Electronics Motor Vehicles Machinery Population 48 million
3. 3. MANAGEMENT STYLES ACROSS THE WORLD Autocratic Style Persuasive Style Democratic Style ChaoticStyle LAISSEZ-FAIRE Style
4. 4. JAPANESE MANAGEMENT AMERICAN MANAGEMENT KOREALITY
5. 5. T.Q.M NETWORK BASED MANAGEM-ENT CONSENSUS BUILDING ELIMINATION OF TRIVIAL ROLES
6. 6. Recruitment Hiring At Initial Levels Life-Time Employment Regionalism
7. 7. Training & Development Training For Specialization Periodic Training In Technology Simulator Training Line-oriented Software Training
8. 8. Group Work GROUP SIZE OF MAXIMUM 44 PEOPLE GROUP WORK AS WELL AS INDIVIDUAL WORK CONCEPT OF KAIZEN TEAMS
9. 9. Working Of Kaizen Teams
10. 10. Decision Making Confidence Approach Bottom- Up Approach
11. 11. Performance Evaluation Individual Evaluation Quality Circle Evaluation
12. 12. MARKETING STYLES Strong Marketing Sense Aggressive use of Marketing techniques More use of advertisement globally Focus on pricing periodically
13. 13. WOMEN IN BUSINESS IN SOUTH KOREA Position Inferior to men women leave work on getting married Ignored for promotions Mostly secretaries & assistants
14. 14. COMMUNICATION STYLES Koreans preserve harmony and promote good relations regard saying 'NO' as poor etiquette YES doesnt mean yes.
15. 15. Top 3 Points About Koreality LEADERSHIP Fatherly concern NEGOTIATION STYLE Yes doesn't mean Yes UNIONS For external lobbying
16. 16. MANAGEMENT STYLES AND PRACTICES Samsung Electronics Ltd.
17. 17. MANAGEMENT STYLES OF Decision making by consensus Lifetime employment
18. 18. Group spirit Productive labor force
19. 19. Significance of Promotions Leadership
20. 20. MANAGEMENT PRACTICES Management practices adopted by Research & Development Developing Human Resources Improving Product quality TECHNOLOGICAL INNOVATION Improving Performance evaluation process Modernization Of factories
21. 21. Conclusion Neither too liberal, Nor too strict Women get same treatment as in India Koreans are very serious about their work Focus on Human Relations Fantastic team workers Focus on Quality & continuous improvement
22. 22. THANK YOU