The Global Korean Motor Industry: The Hyundai Motor Company Global Strategy
The Global Korean Motor Industry: The Hyundai Motor Company Global Strategy, Routledge, London and New York.
This book examines the experiences of the globalising Korean automobile industry, with particular focus on the Hyundai Motor Company (HMC), one of the most prominent of the new Korean multinational corporations. It provides an overview of the changing nature of the global automobile industry, before considering in depth the globalisation processes that the Korean automobile industry has undertaken. It traces the development of HMC as it recovered from the failure of its first venture overseas, in Canada, and tried again in India, exploring the similarities and differences between the practices which HMC implemented in India and Korea. It highlights the importance of production systems and employment relations as part of HMC?s growth, and argues that if Korean companies such as HMC are to compete successfully as global automobile producers they will need to increase the proportion of overseas production, establish global supply chains and improve co-ordination between head office and subsidiaries. Russell D. Lansbury is Professor of Work and Organisational Studies and Associate Dean (Research) in the School of Business at the University of Sydney. Chung-Sok Suh is Director of the Korea-Australia Research Centre (KAREC) and Associate Professor in the School of Organisation and Management at the University of New South Wales. Seung-Ho Kwon is Senior Research Fellow in the School of Organisation and Management, and Associate Director at the Korea-Australia Research Centre (KAREC) at the University of New South Wales.
"The Global Korean Motor Industry is a welcome and needed contribution to our understanding of the evolution of the global automobile industry in the past decade". Thomas A. Kochan, George M. Bunker Professor of Management, Sloan School of Management, MIT, Cambridge, Massachusetts.
"…this volume by Russell Lansbury and his colleagues provides an excellent basis for discussion and a prompt for future work. Their contribution is much appreciated". Harry C. Katz, Dean and the Jack Sheinkman Professor, School of Industrial and Labor Relations, Cornell University, Ithaca, New York.