Korea Business Tips: “How Can Foreign Companies Take Advantage of Outdated Organizational Practices in Korea to Recruit for Success in Korea?”

//Korea Business Tips: “How Can Foreign Companies Take Advantage of Outdated Organizational Practices in Korea to Recruit for Success in Korea?”

It is surprisingly easy to generalize about certain organizational practices in both large and small Korean companies. These are described in my Executive Report: “Succeed in Korean Business by Understanding Korean Company Hierarchy” (Available in the KBC Business Library).

In a recent email discussion with an international executive recruiter working to fill an executive position in the Korean subsidiary of a multinational company, I answered the following questions he had:

  • What is the most common job title(s) for someone reporting to the CEO/country managing director?
  • To what extent does this vary between companies? Do you know the most typical title for someone at this level at
    [Company X}?
  • Does the title depend also on age, or is it just dependent on where the person sits within the organization and who they report to?
  • To what extent are Koreans usually willing to move for a role with the same job title?

Read the full email exchange: “Answers to Questions about Korean Company Hierarchy”

Quick Tips for Successful Personnel Recruitment in Korea

I’ve condensed the above discussion with the recruiter to the following recruiting tips:

  1. Hire retired Korean executives for their business networks and ability to get things done in Korea, rather than for their specialized subject-matter expertise.
  2. Hire younger Koreans to roles they wouldn’t normally be old enough for in a Korean company.
  3. Tip #2 applies to female professionals, also. Thus, younger women may be the most undervalued asset in the Korean job market today!
  4. Non-Korean employees in Korea face very different sets of expectations than Koreans. There are no easy rules-of-thumb to follow (as evidenced by our interviews with Dr. Linda Myers, Didier Chenneveau and Dr. David Dolinger.)

What do you think? Anything I missed? Some nuances I should have covered? Can you share your thoughts in the discussion?

Additional Resources on KBC

** BTW, if you come across information here that you disagree with or that needs to be updated, don’t hesitate to leave a comment and share your opinion/knowledge!

2017-05-19T04:00:38+00:00

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