From 1 p.m. to 6 p.m. at Lotte Hotel World… Attention to Chairman Shin Dong-bin’s message,
Chairman Shin Dong-bin in the ‘2020 2nd Half VCM.’ /Photo=news1 (provided by Lotte), “Lotte will host the ‘2024 2nd Half Lotte VCM (Value Creation Meeting)’ at Lotte Hotel World in Jamsil, Seoul, on the 19th. Lotte VCM is a place where about 80 people including Chairman Shin Dong-bin of Lotte, Lotte Group executives and department heads, business division heads, and affiliate company representatives gather twice a year to discuss group management policies and mid- to long-term strategies.”,
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, ‘At this VCM, they will review measures to enhance the competitiveness of existing businesses and the progress of new businesses to overcome the uncertainty of the stagnant business environment due to the global complex crisis.’,
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, “Before the VCM, Lotte has prepared the ‘2024 Lotte Investment Showcase’ where the management can experience the innovative DNA of startups. Lotte executives have organized the event for them to directly experience the technologies of promising startups and find new business or investment opportunities with them. 16 promising startups in various fields such as AI-based content production, IoT-based micro-store, autonomous driving robots, bio, etc., are participating.”,
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, “The VCM will begin with an external lecture on the theme of ‘Case Studies of Overcoming Crisis and Rebounding of Startups.’ They will then review the performance in the first half of this year and share the management policies for the second half to achieve their goals.”,
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, “There will also be a time to share the second-half management strategies of Lotte’s core affiliate companies in food, distribution, chemicals, etc. Each business division head will present a ‘strategy to strengthen execution capabilities for regaining a leading position.'”,
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, “In particular, Lotte Data Innovation, which has secured the group’s overall AI-based technology, will introduce a ‘strategy to enhance execution capabilities using AI.’ ‘Strong execution capabilities’ are the keywords presented by Chairman Shin Dong-bin in the first half of this year’s VCM to lead the global market.”,
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, ‘Chairman Shin Dong-bin is expected to deliver a message on group management policies and the role of the CEO on that day.’, ‘article_split’,
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