Interesting parting words from Stephen Bear, head of McKinsey Consulting, Seoul office, in an interview with a Korean newspaper.
Bear laments the Korean government was all words, little action on some of the most important issues - education, environment, labor dispute and regulations.
Korean companies will have difficulty attracting top talent unless they can change their employment models, he says. And their main problem remains the hierarchical decision-making process and promotion system is based seniorities.
Oh, and he says he will miss Korean food (After all these years of globalization, the Korean media still laps it up whenever foreigners declare their fondness for Korean food and culture.)
A key topic that went unaddressed: How did his company fare in helping Korean companies deal with some of the very obstacles he refers to? Isn't that why international consulting firms are sought after - for their supposed problem solving skills that can transcend cultural issues?
I'd have liked a few examples from him, if he had any to offer.
- Roger in DC
Wednesday, May 16, 2007
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