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The POSCO group has launched its "Choi Jung-woo Management Reform," which promotes economic value and social value. We have created an organization to fulfill our responsibilities as a corporate citizen, addressing low birth rate issues and creating a culture of fair trade.
The POSCO Group announced the "Top 100 Reform Challenge" in which all of the group's leaders participated in the POSCO Management Reform Practices Competition, held at the POSCO Talent Creation Center in Songdo, Incheon. The occasion of the 100th anniversary of its inauguration, Five major management reforms. "The basic principle of the reform task is" All together, without discrimination, the best performance ".
Over the past 100 days, Choi has received more than 3,300 suggestions from all walks of life and ideas for work innovation from group leaders. As part of the plan to achieve a turnover of 100,000 trillion won and operating profit of 13 trillion won by 2030, we also set ourselves specific goals , such as the first place in the metallurgical industry respected companies in Pocheon in 2023 and the 130th place in the corporate value of Forbes.
We will return to organizational restructuring in accordance with the reform plan. In order to fulfill its responsibilities as a corporate citizen, POSCO will set up a company committee composed of managing directors, external directors and external experts reporting to the company. of the board of directors. As part of this committee, the "Citizens Office", which is the governing body, is created to support the committee's activities.
In the group's activities, POSCO and POSCO Energy intend to integrate the LNG import business into POSCO Daewoo at the center of liquefied natural gas (LNG) and develop the sector. LNG trading. The steel industry will continue to increase the share of high value products and achieve 12 million tons of steel sales for the automotive industry by 2025 and consolidate its status as the world's leading supplier of steel plate for automobiles. In technological development, we will drive change towards a security system of open-type technology by developing technical cooperation and alliances without stressing the self-sufficiency and development of autonomous technology.
In line with the new work environment, the company is also planning to create a work-work culture model through dialogue and compromise. In addition, the pay gap has gradually dissipated from the level of co-prosperity with partner companies, and POSCO employees have been urged to "force harbadment" in order to support POSCO employees .
POSCO also plans to improve the flexible work system and the delivery support system to help solve the low fertility problem. Pohang, Gwangyang, Seoul, Songdo, etc., will be expanded so that the group companies can use them together. Moreover, in order to establish a culture of fair trade, suppliers working for retired employees (OB) must record the facts and provide for the creation of a system capable of blocking the preferential advantages on the principle of competition. 100% on transactional items.
"With all stakeholders, let's create a business ecosystem where economic value and social value are virtuous, without discrimination." "With our commitment and outstanding craftsmanship, we are committed to doing business," he said. POSCO plans to announce an organizational restructuring plan early next month.
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