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POSCO International Incheon Songdo headquarters. (Photo= provided by POSCO International) |
[Alpha Biz= Reporter Paul Lee] POSCO Group has started to improve its organizational culture by finding and fostering future materials for new businesses and pushing for mergers and acquisitions for promising leading companies within three years, while improving its organizational culture by returning up to 20% of executive salaries and abolishing the stock compensation system (Stockgrant).
POSCO Group announced on the 22nd that Chairman Jang In-hwa launched "the POSCO Future Innovation Task Force (TF)" to shape innovation plans on major issues facing the group, and finalized seven future innovation tasks based on this.
In a strategy session of the board of directors of POSCO Holdings held on the 19th, Chairman Jang said, "We will prepare a turning point to strengthen the competitiveness of our core businesses through the seven future innovation tasks and innovate the entire management system to become a first-class company."
POSCO Group plans to secure the competitiveness of steel manufacturing in terms of business.
Transition to low-carbon production system as well.
It plans to develop high-quality steel production technology using electric furnaces, gradually expand hydrogen reduction steel technology, and preoccupy the low-carbon product market by launching products with reduced carbon emissions as soon as possible.
The existing smart factory will be upgraded to an "Intelligent Factory" that combines artificial intelligence (AI) and robot technology, which will be expanded to all orders, production and sales and increase productivity.
AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)
