Sharing Management Strategies for 2021
Lotte Group chairman Shin Dong-bin presided over a Value Creation Meeting (VCM) for the first half of the year on Jan. 13 to discuss the group’s business strategy for 2021.
More than 100 top executives, including heads of affiliates and executives of Lotte Holdings and the group’s four business units (Bus) -- distribution, chemical, food and hotel service -- attended the meeting to review last year's performance and share their business plans for the New Year.
The meeting was held in a non-face-to-face video conference due to COVID-19.
The top management of Lotte reportedly discussed future strategic projects in preparation for the post-COVID-19 era.
“Lotte Group has sharpened its competitiveness in various business areas but is still looking for solutions in the face of an unprecedented situation created by COVID-19,” chairman Shin said in his New Year's message earlier, stressing the need to make preparations for risk factors.