Skepticism has also hurt Hanvit Bank, one of the nation's largest financial institutions, which was recently forced to sell securities at a deeply discounted price to foreign investors because of Kim and Daewoo. Sympathy for Kim is wide within Daewoo, where employees appreciate his legendary work ethic. Kim, who normally prefers a bowl of noodles to gourmet dining, is now a frequent visitor to the employee dining hall. Employees who once were motivated to join Daewoo by Kim's drive and charisma now commiserate about what went wrong. Like Chairman Kim, I have now resumed smoking because I'm depressed.
Many workers wonder what happened.
The Chairman could probably tell them about how he took risks because he wanted to build a strong company for the future. He could admit that he pursued a flawed strategy. He might - but he probably won't. All Rights Reserved. Terms under which this service is provided to you.