45 students and professors of the world-renowned prestigious Yale University MBA visited Hyosung Mapo headquarters on March 20 to discuss the success factors of Hyosung business with the working level and executives.
On March 20, 45 students and professors of Yale University’s School of Management (Yale University MBA) visited Hyosung Mapo headquarters.
This visit was organized as part of Yale International Experience Trip, and it was a good opportunity to show Hyosung to Yale MBA students of various nationalities. Moreover, there was a meaningful occasion of having conversations with the driving forces that led the success of major PUs.
Yale MBA students and professors received warm welcome by Cho Hyun-sang, Head of Industrial Materials PG and Vice-President of Strategy Division, and the day began by watching a video of company introduction followed by business introduction. Students looked around at major products of the group during this time, better understanding Hyosung. Moreover, we showed them how Hyosung has developed, by introducing the overall businesses, Hyosung Way, and social contribution activities of Hyosung.
Next, we introduced the successful innovation cases of ‘Creora’, Hyosung Spandex brand that came to have the world’s top market share starting out as a latecomer; and successful business cases of Power Systems PU that entered the markets of Europe, Middle East, India and Africa based on the competitiveness of the leading company in domestic power transmission and distribution. To talk about vivid experiences on specific business cases, Spandex PU Team Leader Lee Byung-gyu, Senior Vice President An Sung-hoon of Power & Industrial Systems PG, Senior Vice President Park Tae-young of Power Systems PU, and Executive Vice President Cho Yong-soo of Tire & Industrial Reinforcements PU participated in the heated Q&A session with the students. Later, major executives of Hyosung including Cho Hyun-sang, Head of Industrial Materials PG, deeply impressed students by sharing the secrets to making products well loved by the world as well as business know-how to realize them with students who dream of becoming executives in the future.
Later, Yale University MBA visitors were invited to the ‘March Birthday Party’ of Industrial Materials PG by Industrial Materials PG Head Cho Hyun-sang. He invited them so that they could experience ‘communication with employees, which is absolutely necessary to become a great businessperson’ as emphasized by Industrial Materials PG Head Cho Hyun-sang.
The birthday party, a place of communication and interchange among all employees of Industrial Materials PG, is a precious time to form intimacy. Yale University MBA students, specially invited, enjoyed the time of interchange singing the birthday song and sharing delicious food with Hyosung employees.
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