Produced bySteven Bammel and hosted by Tom Tucker.
August 9, 2011The Korea Business Interview Series
Tom Brown "Homeplus: Tesco’s Success Story on Entering the Korean Market"
Tom Brown is Site Research Director at Homeplus Korea, a wholly owned subsidiary of Tesco of the UK.
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Tesco’s entry into the Korean market contains valuable lessons for anyone doing or wishing to do business in Korea. While other foreign brands like Wal-Mart and Carrefour have failed, Tesco’s Korean brand, Homeplus, is moving from strength to strength as it closes the gap with the market leader, E-mart.
This interview covers many fascinating aspects of the Homeplus story in Korea. From its early partnership with Samsung, to an extraordinary level of office culture localization, as well as matching uniqueness of the Korean consumer market, Tesco and Homeplus have achieved an amazing success.
Tom Brown has been with Tesco in Asia during this time, both in Korea and China, leading the company’s efforts to locate new stores. His insider perspective leaves us with many valuable insights about business in Korea (and even a little about business in China!).
This interview is a “must-listen” for anyone with an interest in business in Korea.
A week earlier while I was waiting to go on air at the station, a situation was posed which led me to say “But that would be unethical”. I needed to repeat that last word a number of times. We quickly established that the English word ‘ethical’ may sound hilarious to Koreans. I wasn’t entirely convinced that this was merely a phonetic issue, which resolved me to pick a topic related to ethics for this week’s show.
The South Korean telecom company KT recently released the Kibot, a robot designed to teach toddlers how to read, sing and speak in different languages. In a country where becoming fluent in English is almost a prerequisite for gaining admission at the most prestigious private schools, the Kibot is a great way for working parents to make sure their toddlers are getting the education they need.
KAs@Work is a new series that profiles Korean Americans and their jobs. Want to share what you do, or know of people with interesting jobs? Get in touch.
Just steps away from the hustle and bustle of Koreatown, L.A., is M Grill, a classy restaurant with a “Hollywood” feel. With endless bowls of cheese bread and protein-packing gauchos serving tables around us, we tried to keep the drool in our mouths while we interviewed Manny Kim, the owner of this Brazilian BBQ paradise.
Dong Yoon Park, a designer and creative technologist in the MFA program at Parsons New School for Design, was featured in The Atlantic recently for creating Typography Insight, a tablet application meant to help designers study fonts.
Jae Lee, a savvy Korean American entrepreneur, has a thriving business down in Americus, Georgia: his plant makes chopsticks!
Despite opening for business only eight months ago, Lee’s plant, Georgia Chopsticks, has been cranking two million chopsticks each day for China’s 1.5 billion population. The Atlanta Journal-Constitution reports that China was in need of chopsticks (they’re out of wood), and that Lee’s chopsticks plant was able to supply their large demand.
Produced by Steven Bammel and hosted byTom Tucker.
May 20, 2011The Korea Business Interview Series
Peter Bartholomew "Promoting the Value of High-Tech Shipbuilding and Traditional Architecture in Korea"
Peter Bartholomew is Vice President ofIRC, Ltd.in Seoul, and supporter of efforts to preserve Korean hanok and other historical assets.
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There are few people more qualified to discuss the Korean economic miracle than Peter Bartholomew. Having arrived as a Peace Corps volunteer, he has remained in Korea almost continuously since 1968. Peter worked in a Korean company for almost a decade in the 1970s, and for the last 28 years, he has run IRC, Ltd. in Seoul, specializing in the shipbuilding and construction sectors.
In this interview, Peter shares deep insights about Korean business, including techniques for negotiating with Koreans, as well as about efforts to preserve traditionalhanokhomes, an area on which he is particularly passionate. He believes that a modern Korea should be compatible with maintaining the natural and historical assets of the past.
Dick Warmington "Uncovering Korean Potential at Chadwick School in Korea's New City of Songdo"
Dick Warmington is President ofChadwick Internationalin Songdo, Korea, and previously CEO of Hewlett-Packard Asia Pacific, and before that, President of HP Korea.
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When Korea Business Central asked Dick Warmington to do an interview for us, we just expected that he'd have great insights about Chadwick International School, Korean education and Songdo New City. We didn't realize he'd also previously run the operations of Hewlett-Packard in Korea during the late 80s and early 90s, and then HP's entire Asia Pacific operations through the Asian IMF Crisis of the late 1990s. We also didn't realize that Chadwick School breaks the mold for international schools by mostly educating Koreans AND bringing a new, pioneering model to education in Korea. One also can't help but get a little more excited about Songdo after listening to Dick gush about its uniquenesses.
This interview is inspirational as well as enlightening... It covers lots of ground as Dick shares insight after insight about Korea, Korean education and Korean business.