The International Competitiveness of Korean CEOs: An Analysis of Business Leadership

Abstract

Korea, along with the other Asian Tigers, stands as a modern developmental miracle. Its extraordinary speed of economic development draws attention from other countries that wish to emulate its success. Among various determining factors, strong business leadership played a crucial role in Koreas rise as an economy. This is perhaps best exemplified by the cases of Park Tae-jun, Lee Byung-chul, and Chung Ju-yung?the founders of POSCO, Samsung, and Hyundai respectively. This paper analyzes the business strategies and leadership traits of these three entrepreneurs using the ABCD model developed by Hwy-Chang Moon. The case studies provide meaningful lessons for businessmen and policymakers who wish to build competitive advantages in their fields.