Hyundai 2000 Annual Report Download - page 17

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Hyundai Motor’s
aspirations for top five
global automaker
status can only be realized by
safeguarding the interests our
shareholders, customers and partners
and demonstrating our capacity for
teamwork and the adoption of a more
progressive and adaptive
management style. By offering better
quality products, the company will
continue to contribute to the creation
of more affluent society and a happier
life for all.
To enhance the competitiveness of
our products in the world car market
and boost customer satisfaction,
the company will be more receptive
to new ideas and will accelerate
innovations in management as
exemplified by the implementation of
“Sigma 6,” a daring campaign for
quality improvement across the board.
For the mid-term, Hyundai Motor has
established three key management
policies which will make the best use of
limited resources and help secure a
sounder financial basis to compete with
other global players on an equal footing.
First, as sequences become
increasingly complex within the
company Hyundai Motor will do its best
to establish trust-based management in
order to accelerate the decision making
processes within the organization,
To this end, the company will continue
to cultivate a more productive labor-
management relationship, one that is
based on mutual trust while at the
same time pursuing greater flexibility in
management to better meet the needs
of its customers and business partners.
Second, to better tailor management
policies to the realities of the
workplace, the company is introducing
site-intensive management which will
provide employees with more
opportunities to put their ideas into
practice. As a result, the company will
allocate all of its resources to support
manufacturing and sales activities. In
this regard, issues of quality
improvement and proactive after-sales
service will receive priority in the
decision-making process.
Third, continued growth and success
will only be achieved by introducing
greater transparency in corporate
governance and to this end, corporate
rules and regulations are being
renewed and clarified so that
employees may handle their
day-to-day tasks with consistency and
greater transparency. At the same
time, a new impetus is being
generated to facilitate a closer
dialogue with our business partners
and ensure a mutually beneficial
relationship.
Company management will draw on
all required potential within Hyundai
Motor and the new Hyundai
automotive group of companies to
work towards the future with an
intensified commitment and deliver
a higher return on investment for its
shareholders while providing our
business partners with greater
opportunities for growth.
15
Hyundai Motor Company • 2000 Annual Report
Production lines at Hyundai’s plant in Turkey will
serve as a bridgehead for the company’s
advance into European markets
In June 2000, Hyundai and DaimlerChrysler
established a strategic alliance