Doosan is the first modern company and the oldest enterprise in Korea with 118 years of history. It is also a company that went through continuous change and significant growth during the years. Especially in the last ten years, we made many pioneering moves that enabled Doosan to solidify its position as a global Infrastructure Support Business (ISB) provider, with more than 43,000 employees in 38 countries around the world. In short, Doosan is the oldest, but the fastest changing company in the nation.
Behind such significant achievements of Doosan were our people. They are our most valuable asset and the foundation of all of our visions and dreams. Our competitiveness and sustainable growth depend on them. This is why we emphasize ‘inhwa’ based on fairness and care, and ‘open communication’. Our people-centric philosophies are well summed up in our 2G Strategy (Growth of People, Growth of Business). The 2G strategy has been the driver of our past successes and will guide us through our journey toward prosperity on the global stage. At the heart of the 2G Strategy is the virtuous circle of “growth of people laying the foundation for the growth of the company, and the latter leading back to the former.”
Over the years, Doosan has made robust and healthy growth based on solid business portfolio and transparent financial structure. It is now preparing for another leap forward through ceaseless innovation and strong fundamental competitiveness based on technological advancement.
People of Doosan are known for their limitless aspirations and smart tenacity and drive, utilizing every available option and means to achieve goals. I have no doubt in my mind that our ‘caring group of powerful people’ will open the doors to a brighter future for Doosan.
Doosan’s focus on maximizing our shareholder value will remain firm. Our governance has become even more transparent and stable since our conversion into a holding company. Doosan’s management system, centering on our board of directors, remains strong for all of our subsidiaries including the corporate headquarters. As a business holding company, our strategy is to maximize growth by focusing on core businesses with strong growth potential and profitability.
To fulfill Doosan’s vision of becoming the ‘Proud Global Doosan’, our employees around the world are doing their utmost to maximize corporate value and deliver customer satisfaction. As the oldest company in the nation with over 100 years of history, we believe Doosan has the responsibility to be a role model for other companies to follow. This is why we never shrink from performing our duty to society and in communities around us.
We are here today because of the confidence and trust our shareholders and customers have in us. Our vision is to become a company that every shareholder and customer can be proud of. We pledge to stay committed, to our shareholders, customers, and the communities around us.
Thank you very much.
Chairman and CEO of Doosan Group