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Lotte Group will hold its first VCM this year in the form of a webinar (web + seminar) using video conferencing system at 2 pm on this day. The meeting, hosted by Chairman Shin, will be attended by Lotte Holdings CEO Song Yong-deok and Lee Dong-woo, heads of four business units, representatives of affiliates, and executives in charge of planning and strategy. Unlike previous years, where people gathered in one place or gathered in the base area for three or three, they plan to proceed in a non-face-to-face manner at each office. It is in accordance with the government’s quarantine guidelines.
In general, in the first half of the year, VCM looks back on the previous year’s performance and presents future strategies based on this. In particular, as we faced an unprecedented crisis of Corona 19 last year, it seems that we will focus on countermeasure strategies to overcome it.
Hints can be obtained from President Shin’s New Year’s address. In his New Year’s address on the 4th, he ordered, “We must focus on creating synergy at the group level by combining the strengths and capabilities of each company.”
Discovery of future food and management of ESG (Environment, Social, Governance) are also expected to rise. Chairman Shin said, “We must pursue harmonious growth with the environment with a long view,” and “let’s create a collaborative ecosystem by communicating with various partners including startups.”
It is noteworthy whether Chairman Shin will make a bitter voice this year following last year. Chairman Shin attended the VCM in the first half of 2020 held on January 15 last year and set the day, saying, “For change, an organizational culture in which employees can easily communicate should be established, but it is still insufficient.” .