Hyundai 2001 Annual Report Download - page 17

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In these fast-changing times, Hyundai has
been navigating a successful course thanks
to the loyalty and support of our customers.
Driven by a sense of challenge, we apply
the best technology and the highest quality
standards to create cars that make life easier
and more convenient for people everywhere.
Guided by our management concept that
emphasizes win-win relationships with our
shareholders, customers and partners, we
have been strategically positioning ourselves
for an advance into the ranks of the world’s
top five automakers by 2010.
As the standard bearer for the Korean
auto industry, our foremost priority is caring
for the customer by delivering world-class
quality through innovations in management
exemplified by the Sigma Six campaign which
is now in high gear. United by our “one mind”
philosophy, we share a keen sense of
responsibility to elevate national industrial
competitiveness to the highest level.
To realize our goals, we have instituted
three basic management guidelines for the
mid- and long-term: a people-centered
approach to management that emphasizes
trust, decentralized management that
provides on-the-spot flexibility and finally,
essential management. By applying these
guidelines, we will be better able to focus on
our core business and to maximize the use of
valuable resources.
First: Strengthen the Basics
We will put a new emphasis on quality
and efficiency while strategically reinforcing
our preparedness to cope with economic
downturns. By cultivating a deeper sensitivity
and respect for people, we aim to strengthen
our labor-management relationship while
building stronger bonds of trust between
upper and lower levels of the organization.
In creating our people-center approach to
P
ROGRESSIVE
M
ANAGEMENT
16
2001 Annual Report Hyundai Motor Company