My Way or the Highway at Hyundai
03-12-08, 11:01 AM
#33
News Flash...All consumers and stockholders care about is the end product and profit as long as the means is legal and from what you posted I see nothing illegal happening.
I took a business course that covered different management styles around the world and was shocked to discover the ways some other cultures operate when compared to the US. But that doesn't mean I will look down on them or try to discredit them in anyway. If that's how they do business that's on them.
As I said in the end the average consumer only cares about price and stockholders only care about profit and Hyundai's numbers speak for themselves.
03-12-08, 11:05 AM
#34
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As I said in the end the average consumer only cares about price and stockholders only care about profit and Hyundai's numbers speak for themselves.
nike and other american manufacturers are the same way. are people going to boycott nike shoes just because some kid in vietnam is making them for like a dollar a day? no. are people are going stop buying hyundai cars? doubt it.
03-12-08, 11:13 AM
#35
just because the end product is good, doesnt justify the means of getting there.
nike and other american manufacturers are the same way. are people going to boycott nike shoes just because some kid in vietnam is making them for like a dollar a day? no. are people are going stop buying hyundai cars? doubt it.
nike and other american manufacturers are the same way. are people going to boycott nike shoes just because some kid in vietnam is making them for like a dollar a day? no. are people are going stop buying hyundai cars? doubt it.
03-12-08, 11:26 AM
#37
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"Chung, who was convicted of embezzlement in Korea last year but had his prison sentence suspended."
Because they embezzle from their own company to pay off the politicians. (Of course, in the US, we do it the "legal" way - called special interest groups.
)"During some conference calls, he adds, the coordinators would speak Korean to managers in Seoul, all but shutting out the Americans."
And because, God forbid, they dare to speak a different language in the presence of Americans! (Never mind that many execs in Korea can barely understand English.)
03-12-08, 11:30 AM
#39
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Because they hurt the feelings of American executives and fire them on whim like yesterday's old news!
"Chung, who was convicted of embezzlement in Korea last year but had his prison sentence suspended."
Because they embezzle from their own company to pay off the politicians. (Of course, in the US, we do it the "legal" way - called special interest groups.)
"During some conference calls, he adds, the coordinators would speak Korean to managers in Seoul, all but shutting out the Americans."
And because, God forbid, they dare to speak a different language in the presence of Americans! (Never mind that many execs in Korea can barely understand English.)
"Chung, who was convicted of embezzlement in Korea last year but had his prison sentence suspended."
Because they embezzle from their own company to pay off the politicians. (Of course, in the US, we do it the "legal" way - called special interest groups.
)"During some conference calls, he adds, the coordinators would speak Korean to managers in Seoul, all but shutting out the Americans."
And because, God forbid, they dare to speak a different language in the presence of Americans! (Never mind that many execs in Korea can barely understand English.)
If this is the major complaint against Hyundai, I can point out worse AMERICAN companies that do their fair share of shady business.
03-12-08, 11:32 AM
#40
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i think i was very careful is saying just that the ends dont justify the means. if they dont commit questional business tactics, then fine. if they do, nobody really cares
03-12-08, 11:37 AM
#41
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I quote:
Originally Posted by RXSF
Originally Posted by cherplex
As I said in the end the average consumer only cares about price and stockholders only care about profit and Hyundai's numbers speak for themselves.
03-12-08, 11:42 AM
#42
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assumptions that the workplace is not fair
and i quote
"The critics say his team micromanages details, rarely listens to advice from local managers, and displays little tolerance for disagreement"
uh oh, little tolerance for disagreement...will i be sent on a business dinner and then fired?
i have been using the term "questionable means". that can range from slave labor, to bad ideas. by ignoring profesionals who monitor the market, and continuing in trying to make hyundai prestigious, this can be a form of questionable means
and i quote
"The critics say his team micromanages details, rarely listens to advice from local managers, and displays little tolerance for disagreement"
uh oh, little tolerance for disagreement...will i be sent on a business dinner and then fired?
i have been using the term "questionable means". that can range from slave labor, to bad ideas. by ignoring profesionals who monitor the market, and continuing in trying to make hyundai prestigious, this can be a form of questionable means
03-12-08, 12:12 PM
#44
I don't think they are a threat to Lexus but probably Toyota and Scion.
assumptions that the workplace is not fair
and i quote
"The critics say his team micromanages details, rarely listens to advice from local managers, and displays little tolerance for disagreement"
uh oh, little tolerance for disagreement...will i be sent on a business dinner and then fired?
i have been using the term "questionable means". that can range from slave labor, to bad ideas. by ignoring profesionals who monitor the market, and continuing in trying to make hyundai prestigious, this can be a form of questionable means
and i quote
"The critics say his team micromanages details, rarely listens to advice from local managers, and displays little tolerance for disagreement"
uh oh, little tolerance for disagreement...will i be sent on a business dinner and then fired?
i have been using the term "questionable means". that can range from slave labor, to bad ideas. by ignoring profesionals who monitor the market, and continuing in trying to make hyundai prestigious, this can be a form of questionable means
If Hyundai was going down the drain that would be one thing but this company has grown tremendously.
It seems that ignoring those "professionals who monitor the market" has worked quite well for them.
I wonder who is the really behind this article as far as bringing it to the public maybe it's another car competitor
03-12-08, 12:20 PM
#45
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I never knew this about Hyundai. I think this management style will lead to a downfall of the brand. The authoritarian style does not leave much room for adaptation to new challenges/environments. This will be especially problematic in trying to expand further in several international markets where a company needs to have sometimes a drastically different way of doing business to mesh with local culture.
Their whole push-through type of manufacturing is looking to be borderline wasteful in the light that they have 25,000 Sonata's just sitting collecting dust outside the plant. And the company is wondering why their profit margin is shrinking??
Their whole push-through type of manufacturing is looking to be borderline wasteful in the light that they have 25,000 Sonata's just sitting collecting dust outside the plant. And the company is wondering why their profit margin is shrinking??