Kolon Group Chairman Lee Woong-yeul pins on the jacket of a newly installed executive abadge, carrying the word “CAT,” deriving from the 2018 management tenet “CATCH” at a ceremony to kick off the 2018 business year at the Kolon Tower in Gwacheon City, south of Seoul, on Jan. 2.

Kolon Group has set its 2018 management tenet catchphrase as “CATCH 2018,” urging all employees to seize every opportunity for success.

Kolon Group Chairman Lee Woong-yeul stressed the management tenet at a ceremony to kick off the 2018 business year at Kolon Tower in Gwacheon City, south of Seoul, on Jan. 2.  “It contains the message of seizing good opportunities before us,” he said. 

To this end, he called for his executives and staff members to proactively respond to innovation among competitors. He stressed “constructive destruction” and urged everyone to do away with being stuck in a rut and seize up new opportunities. He wants employees to employ a different perspective and their capabilities to change the way they go about doing things. 

Chairman Lee called for them adopt “heart-to-heart communications.” He urged his staff to lend an ear to customers’ voices and to explore markets beyond what’s in their job descriptions.  Lee also stressed thorough execution. 

“Water does not boil at 99 degrees Centigrade, and a difference of one degree brings about tremendous outcomes,” he said. He urged them to carry out all work without giving up until they yield satisfactory outcomes. 

Kolon distributed to its executives and staff members a badge shaped like a cat. It carries the word “CAT,” deriving from the 2018 management tenet “CATCH” for the sixth consecutive year. It signifies the group’s appeal for executives and staff to “leap to higher places” and land on the ground softly, like a cat. 

The group hopes they achieve desirable outcomes so they can cope with difficulties in a flexible and safe fashion. 

Kolon executives and staff members are advised to carry the “cat” badge year-round.

Kolon is expected to see new projects the group has been implementing yield tangible results. 

The group is stepping on the gas on the development of the INVOSA, a drug for treating degenerative arthritis, and the CPI film. Chairman Lee called for them to reinvent their way of thinking and posture to cope with rapidly changing industry paradigm. 

An industry paradigm is being rewritten in the wake of the influence of the 4th Industrial Revolution, he said. 

Lee urged them to reinvent their way of thinking and posture to correspond to a management environment influenced by rapid industry changes. 

Kolon has subsidiaries, including Kolon Industries, Kolon Industries FnC, Kolon Pharmaceuticals and Kolon Life Science. The group has a business portfolio specializing in fashion, chemical substances, pharmaceuticals, distribution and trade. 

Kolon Group headquarters in Gwacheon, Gyeonggi-do. (Photos: Kolon Group)