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Does Korean-style management have a future?

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  • Martin Hemmert

    (Korea University)

Abstract

Regardless of the global emergence and strong performance of many Korean firms, Korean-style management has received limited research attention. Combining original Korean with Japanese and American practices, Korean companies have adopted a wide range of distinct managerial routines in strategic planning, strategy implementation, corporate leadership, and human resource management. An evaluation of these practices by global management research reveals that they are broadly effective for enhancing companies’ performance, both individually and as an overall system, suggesting that Korean-style management deserves more attention. More research is needed on how these managerial practices can be effectively adopted in other countries.

Suggested Citation

  • Martin Hemmert, 2020. "Does Korean-style management have a future?," Asian Business & Management, Palgrave Macmillan, vol. 19(2), pages 147-170, April.
    • Handle: RePEc:pal:abaman:v:19:y:2020:i:2:d:10.1057_s41291-019-00062-6
    DOI: 10.1057/s41291-019-00062-6
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    Cited by:

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    2. Syed Wajeeh-ul-Husnain & Jie Shen & John Benson, 2022. "HRM practices in South Asia: convergence, divergence, and intra-regional differences," Asian Business & Management, Palgrave Macmillan, vol. 21(5), pages 780-801, November.
    3. Sunwang Kim & Jimin Kwon & Dongil Jung, 2023. "Going beyond the firm perspective: what do employees think of high-performance work systems (HPWS)?," Asian Business & Management, Palgrave Macmillan, vol. 22(5), pages 2106-2134, November.
    4. Chang Hoon Oh, 2020. "The changing terrain of international strategy for Korean multinationals," Asian Business & Management, Palgrave Macmillan, vol. 19(2), pages 171-174, April.
    5. Enrico Fontana & Hyemi Shin & Chikako Oka & Jos Gamble, 2022. "Tensions in the strategic integration of corporate sustainability through global standards: Evidence from Japan and South Korea," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 875-891, March.
    6. Martin Hemmert & Adam R. Cross & Ying Cheng & Jae-Jin Kim & Masahiro Kotosaka & Franz Waldenberger & Leven J. Zheng, 2022. "New venture entrepreneurship and context in East Asia: a systematic literature review," Asian Business & Management, Palgrave Macmillan, vol. 21(5), pages 831-865, November.
    7. Sung Youl Jun & Tae Wook Ju & Hye Kyung Park & Jacob C. Lee & Tae Min Kim, 2023. "Information distortion in word-of-mouth retransmission: the effects of retransmitter intention and source expertise," Asian Business & Management, Palgrave Macmillan, vol. 22(5), pages 1848-1876, November.

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