2023 South Korea 7-Day Workshop

Many western companies have seen investor funds diminish, and their strategies fail in Korea due to varying factors. However, founders, C-Suite Executives, Business Directors, or Upper Management can avoid these pitfalls by following the sound guidance provided by Ryan & Lachlan. We introduce a new way of thinking and alternative strategies for businesses to combat the current economic web of complexity. We are presenting a highly informative and structured approach to breaking into the Korean environment with precision. We help avoid costly mistakes while arming businesses with the skills learned over two decades, providing the sound guidance needed to enter new environments through this workshop deliviery.

Korean Exports 2020 – oec.world

Only several decades ago, Korea was a war-torn nation amid poverty and economic turmoil. The country had been devastated by the Korean War, with entire cities and infrastructure destroyed. With few resources, most people lived in extreme poverty and lacked access to primary education and healthcare services. The country’s transformation began in the late 1960s under the leadership of President Park Chung Hee. Realising that rapid economic growth was essential for recovery, Park aggressively pursued industrial development policies to attract foreign direct investment and build strategic infrastructure projects. This period became known as the “Miracle on Han River,” named after the river that flows through South Korea’s capital city, Seoul.

The Park Government implemented robust export promotion strategies encouraging local companies to produce high-quality goods for international markets. They also introduced subsidies to stimulate technology exports, including semiconductors, electronics, chemicals, and ships. Such export-oriented strategies allowed South Korean companies to scale up their production capabilities while increasing efficiency rapidly. South Korea also invested heavily in education and human capital development initiatives during this period. High emphasis was placed on teaching English language skills so local businesses could better participate in global trade partnerships and improve access to advanced technologies from abroad.