Jung Ki-sun, chairman of HD Hyundai, urged the group’s leadership to focus on long-term growth rather than short-term results. Amid increasing domestic and international uncertainties, he emphasized the need to establish a sustainable growth foundation centered on future business, artificial intelligence (AI) transformation, and safety management.
On August 13, HD Hyundai held a leadership meeting at its Global R&D Center in Pangyo, attended by Jung and vice chairmen Cho Young-cheol, Cho Seok, and Lee Sang-kyun, along with CEOs from 11 subsidiaries in shipbuilding, marine, energy, and construction machinery.
During the meeting, the leadership reviewed the first-half performance of each subsidiary, new business initiatives, and future growth strategies. They also discussed various plans and execution strategies for the second half of the year to overcome domestic and international uncertainties.
The group shared key issues, including the acceleration of AI transformation, and assessed the feasibility of an execution roadmap to lead the market. They checked the current status of AI technology implementation across the group and evaluated the effectiveness of preventive measures against potential information security risks.
Jung stated, "Despite the increasing uncertainties worldwide, our group has achieved solid results in most of our businesses. If decisions are made with a focus on long-term outcomes rather than immediate results, the priorities of what needs to be done now may change."
He added, "We have painful experiences of paying a heavy price for being too focused on short-term results and failing to read market changes. I will lead efforts to create a management environment that fosters sustainable growth with a long-term perspective of 10 to 20 years, rather than being trapped by short-term performance."
Jung also urged the leadership to think more intensively about future business, stating, "The future we envision can only be realized when safety is guaranteed, so please prioritize safety as the foremost value in management and concentrate your efforts accordingly."
Meanwhile, HD Hyundai is accelerating its digital transformation across key sectors, including shipbuilding, energy, and construction machinery, with AI transformation as a core strategy.
* This article has been translated by AI.
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