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CULTURE<br />

Toyota Motor <strong>Korea</strong><br />

GM Daewoo<br />

Toyota Motor <strong>Korea</strong> President & CEO Taizo Chigira performs a traditional <strong>Korea</strong>n ceremony to wish for the success of his firm<br />

Children from poor take a traditional pottery class with GM Daewoo officials<br />

Im-hyun, the bank’s assistant vice<br />

president.<br />

The bank celebrated last Christmas<br />

with a Christmas tree featuring <strong>Korea</strong>’s<br />

traditional sock, beoseon, instead of<br />

western socks. The bank’s culturefriendly<br />

strategy received warm responses<br />

from employers as well as<br />

customers.<br />

“Our employers are proud that the<br />

foreign bank cares about <strong>Korea</strong>’s culture.<br />

We think we have set an example<br />

for other foreign firms and banks to<br />

follow suit,” Jung said.<br />

<strong>Korea</strong>’s traditional music is another<br />

area in which foreign firms are actively<br />

engaged.<br />

Renault Samsung Motors Co., the<br />

French automaker Renault SA’s<br />

<strong>Korea</strong>n joint venture, holds an annual<br />

music contest dedicated to traditional<br />

<strong>Korea</strong>n music in collaboration with<br />

the National Theater.<br />

The 4th <strong>Korea</strong>n Song Contest, held<br />

in August 2007, was attended by more<br />

than 1,500 people and 11 participating<br />

groups. The participants were encouraged<br />

to show off their musical skills,<br />

which combine <strong>Korea</strong>’s traditional<br />

music and various western genres<br />

ranging from rock to hip-hop.<br />

The winning team won 10 million<br />

won ($10,000). A total of 20 million<br />

won were at stake in this competition.<br />

Cho Young-don, Renault Samsung’s<br />

vice president, said the contest is laying<br />

the groundwork in developing and<br />

preserving <strong>Korea</strong>’s traditional music.<br />

“We think what’s most <strong>Korea</strong>n is<br />

what’s most global. I think this annual<br />

festival provides a place to celebrate<br />

and enjoy our own music,” he said.<br />

This year’s contest is scheduled for<br />

Nov. 4 at the National Theater.<br />

The company is also keen on celebrating<br />

the nation’s traditional holidays.<br />

Every February, Renault<br />

Samsung hosts a festival celebrating<br />

“Daeboreum,” the first full moon of<br />

the lunar year.<br />

Held for the fifth time, this year’s<br />

event took place in Busan and Seoul’s<br />

main cultural venues. During the event,<br />

the company also donated scholarships<br />

to underprivileged children.<br />

Renault Samsung’s focus on<br />

<strong>Korea</strong>n culture has paid off. It is now<br />

the nation’s fourth-largest automaker<br />

and one of the most favored auto<br />

brands among <strong>Korea</strong>ns.<br />

<strong>Korea</strong>n culture is a good medium<br />

for managers to communicate and<br />

mingle with employers, who are mostly<br />

<strong>Korea</strong>n.<br />

“We sponsor these cultural activities<br />

and give back to the local community.<br />

By doing so, we have become a<br />

company that workers like to work at<br />

and local citizens are proud of,” the<br />

vice president said.<br />

Jinro Ballantines, the <strong>Korea</strong>n<br />

branch of French-based Pernod<br />

Ricard, is the sponsor of Kukak<br />

National Middle and High School. It is<br />

a school that focuses on fostering the<br />

<strong>Korea</strong>n traditional music of “Gukak.”<br />

The “Imperial Scholarship,”<br />

launched in 2002, supports students<br />

with exceptional talent in traditional<br />

<strong>Korea</strong>n music. Along with the scholarships,<br />

which amount to some 200 million<br />

won ($200,000) a year, 12 students<br />

last year were given a chance to<br />

go on a music tour to the Czech<br />

Republic, Germany and Austria.<br />

“It is important that the students<br />

experience different music and get a<br />

chance to compare and learn about it.<br />

We believe these programs stimulate<br />

and motivate the students,” said Yoo<br />

Ho-sung, the company’s public relations<br />

manager.<br />

The company also sponsors the<br />

National Center for <strong>Korea</strong>n Folk<br />

Performing Arts and the National<br />

Center for <strong>Korea</strong>n Namdo Performing<br />

Arts. The two organizations hold annual<br />

performances in the suburban areas<br />

of Jeollanam-do, which is considered<br />

to be the home of traditional<br />

<strong>Korea</strong>n music.<br />

Meantime, companies like GM<br />

Daewoo have sponsored <strong>Korea</strong>’s contemporary<br />

art scene. GM Daewoo,<br />

General Motors Corp.’s <strong>Korea</strong>n unit,<br />

has supported the <strong>Korea</strong> Musical<br />

Awards and the University Musical<br />

Awards.<br />

These awards acknowledge the<br />

musicals composed and performed by<br />

<strong>Korea</strong>ns. The company has also sponsored<br />

theaters and productions of creative<br />

musicals, which often lack proper<br />

funding.<br />

“Supporting creative musicals is in<br />

line with our corporate image of innovation.<br />

And we have limited the sponsorships<br />

to only <strong>Korea</strong>n productions,<br />

so that the necessary funding can be<br />

used to raise <strong>Korea</strong>’s culture industry,”<br />

said Yoo Seung-hwan, a spokesperson<br />

of the company.<br />

GM Daewoo also operates an online<br />

website called “Passion of the<br />

Musical” dedicated to <strong>Korea</strong>’s creative<br />

musical.<br />

GM Daewoo CEO Michael Grimaldi<br />

has shown much interest toward<br />

<strong>Korea</strong>n culture since he was appointed<br />

to the current position in 2006. This<br />

year, he wore a “hanbok” to spread the<br />

season’s greetings and showed off his<br />

skills on the “gayageum,” a <strong>Korea</strong>n<br />

stringed instrument.<br />

“He (Grimaldi) shows a lot of affection<br />

toward <strong>Korea</strong>n culture and tradition,<br />

and I think that’s how the company,<br />

even though most of the managers<br />

are from overseas, can grow into<br />

being a major automotive company<br />

here. I think the employees also appreciate<br />

that the managerial team tries to<br />

learn and understand our culture,” GM<br />

Daewoo’s Yoo said. ■<br />

40 KOREA SEPTEMBER 2008<br />

SEPTEMBER 2008 KOREA 41

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