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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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    2. Fabian Jintae Froese, 2020. "Ready for global success? Strengths and weaknesses of Korean HRM," Asian Business & Management, Palgrave Macmillan, vol. 19(2), pages 179-183, April.
    3. 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.
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    6. 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.
    7. 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.

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