Korea Promotes SMEs' Global Expansion

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The chiefs of Korea’s largest business groups gathered with President Yoon Suk Yeol to garner support for small- and medium-sized enterprises (SMEs) in their overseas expansion efforts in an annual meeting on Thursday.

President Yoon presided over this year’s conference of SMEs held on the front lawn of the presidential office in central Seoul, joined by Samsung Electronics Chairman Lee Jae-yong, LG Group Chairman Koo Kwang-mo and Hanwha Group Vice Chairman Kim Dong-kwan.

The president vowed to come up with specific support measures based on the Support for Small and Medium Enterprise Establishment Act, which was passed in February.

Books to Nurture a Dream World

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Kyobo Bookstore in Korea is known to have a large number of foreign-language books and other interesting unrelated items (e.g., music and accessories).

Check it out here but for those who only speak English, use the Google translate button.

Go Global

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Last week while in Boston attending the Women Presidents' Organization annual conference, I had the great pleasure to sit-in on a talk given by Ms. Sung-Joo Kim (pictured), Chairperson & CEO, Sungjoo Group/MCM Group, on the topic of "Women's Strengths: 21st Century Competitiveness."

Her global business success is largely attributed to her ability to innovate as a designer, as a businesswoman, and as the re-inventor of world-renowned brands including Gucci, Yves Saint Laurent, Sonia Rykiel and Marks & Spencer.

She shared tips for success -- one of them naturally is going global so I could not help but take a picture of the slide -- on how to think and innovate in the midst of our ever-changing and highly competitive global marketplace.

She is an inspiration to us all. Visit her companies here:

MCM Worldwide
Global Sung Joo Group
Kim Sung Joo