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On August 17th, Hyosung Capital held an ‘e-Townhall meeting’ using a video clip, replacing the Townhall meeting. This video, in which Kim Yong-deok, head of the PU, appeared to address issues, was uploaded to allow the employees to repeatedly watch through an in-house site for 7 days to August 23rd.
In the video messages, Kim Yong-deok explained the objectives and background of the introduction of the ‘e-Townhall meeting,’ and shared first-half business operation results and management issues. In addition, he encouraged executives and staff members to individually submit self-diagnosis and capacity evaluations. In particular, he intended to figure out specific issues that the company needs to support through the self-diagnosis for employees’ capacity analysis.
Designed to seek change using the internet and video to keep up with the latest trends and resolve restrictions of time and space, the e-Townhall meeting is receiving positive responses given that it practiced cost reduction as part of the measure to overcome crisis and establish a close and fast communication channel through leaving comments. Moreover, it is expected to have synergy effects with future offline Townhall meetings, by increasing employees’ participation through encouraging them to leave comments freely after watching the video.
