of 3 - Center for Global Outsourcings
of 3 - Center for Global Outsourcings
of 3 - Center for Global Outsourcings
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<strong>Global</strong> Sourcing Opportunities and Challenges in South Korea<br />
ABSTRACT<br />
Moderator:<br />
William Patrick Leonard, Vice Dean, SolBridge Internataional School <strong>of</strong><br />
Business<br />
wpatleon@solbridge.ac.kr +82 42 630 8813<br />
Panelists:<br />
Mr. Bob Graff, Senior Lecture, SolBridge International School <strong>of</strong> Business<br />
bgraf@solbridge.ac.kr +82 42 630 8559<br />
Dr. Kyung Ah Lee, Senior Manager, Human Resource Department<br />
Emerson Process Management<br />
Kyungah.lee@emerson.com +82 2 3438-4600<br />
Gustavo Parés, CEO Financetech Mexico Delivery, Mexico,<br />
gpares@financetech.mx +52155-2686-3696.<br />
Dr. Jay Q. Park, Executive Director <strong>of</strong> Operations<br />
Pantos Logistics<br />
jayq.park@pantos.com +82 2 3771 2129<br />
To date Korea has enjoyed both robust internal and external sourcing opportunities with<br />
accompanying challenges. These opportunities have been supported by its strategic<br />
advantages. It has large array <strong>of</strong> world class research institutes propelling a highly productive<br />
work<strong>for</strong>ce. Recently, the Korea-United States FTA and the prospects <strong>for</strong> FTA’s with the<br />
European Union, Japan or China have bolstered optimism. Korea’s challenges are largely<br />
driven by the faltering US and European economies. The nation’s large conglomerates, the<br />
Chaelos, responsible <strong>for</strong> about half <strong>of</strong> exports have been impacted. The Bank <strong>of</strong> Korea has<br />
recently projected that export growth will slow down significantly. In addition, militant labor union<br />
and regulatory environments add to the challenges. The panel will address these opportunities<br />
and challenges within the context <strong>of</strong> specific contemporary manufacturing and service<br />
enterprises.<br />
Key words: Western Economies, Korea, Manufacturing, Service, Sourcing Challenges,<br />
Sourcing Opportunities.<br />
William Patrick Leonard serves as Vice Dean, SolBridge International School <strong>of</strong> Business and<br />
Senior Fellow <strong>for</strong> Higher Education Policy at the Rio Grande Foundation. He holds a Ph.D. from<br />
the University <strong>of</strong> Pittsburgh and a MBA from Loyola University <strong>of</strong> Chicago. He has served in an<br />
array <strong>of</strong> senior higher education leadership posts-dean library and learning resources, deputy<br />
chief academic and student affairs <strong>of</strong>ficer, chief academic and student affairs <strong>of</strong>ficer, campus<br />
CEO and college president. In all he has faced sourcing challenges. Leonard as has served in<br />
Guatemala, Germany, United Arab Emirates and currently Korea. His commentaries, essays<br />
and reviews number over 170 appearing in US and international publications.<br />
Tenth Annual International Daejeon, South Korea P a g e | 62<br />
Smart Sourcing Conference June 28-29, 2012