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VISION
NO.1 LG
The ultimate goal of LG is to be recognized as the market leader in business performance as well as in management practices
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Behavioral Mode
Jeong-Do Management
Ethical management and code of conduct to enable capability development and fair competition
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Management Principles
Customervalue
creation + Peopleoriented
managementThe fundamental organizational principle
guiding LG from beginning as a firm
LG Way
What’s the LG Way?
LG Way is the call to becoming a premier company; hence with the essence of its strategic vision embodied in NO.1 LG.
At its foundation is the management principles of Customer-Value Creation and People-Oriented Management,
which are in turn implemented according to the high ethical standards of behavior delineated by Jeong-Do Management.
Achieving 'NO.1 LG'
VISIONNo.1 LG
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To Customers
A trustworthy brand that provides the best products and services
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To Investors
A secure investment that yields sustainably high returns.
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To Employees
A exceptional workplace that attracts talented individuals.
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To Competitors
A leader that dominates, and a leader to learn from.
Code of ConductJeong-Do Management
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Integrity
Work done with utmost transparency according to principles and standards.
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Fair transaction
Provide equal opportunities and fair treatment in every transaction.
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Fair-competition
Improve capabilities through with which one can beat rivals in fair competition.
Management Principles
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Customer-Value Creation
- Customer-First
- Substantive value delivery
- Innovation-driven creation.
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People-Oriented Management
- Self-Management and creativity
- Respect for human dignity
- Capability development and actualization
- Performance-based rewards.