Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/289034 
Year of Publication: 
2020
Citation: 
[Journal:] Asian Business & Management [ISSN:] 1476-9328 [Volume:] 19 [Issue:] 2 [Publisher:] Palgrave Macmillan UK [Place:] London [Year:] 2020 [Pages:] 179-183
Publisher: 
Palgrave Macmillan UK, London
Abstract: 
Fueled by a highly dedicated and highly skilled workforce, South Korea (henceforth Korea) has enjoyed tremendous economic growth and developed numerous successful global companies. In the past, Korean companies benchmarked Japanese and US HR practices. However, Korean companies are now at the crossroads, facing slowing economic growth rates, an aging population, changing gender roles, and an increase in foreign employees. This article reviews the strengths and weaknesses of Korean HRM and presents some tentative recommendations how Korean companies can respond to these challenges. If Korean companies intend to continue their global success, they are recommended to adapt their staffing strategy, organizational culture, and corporate language policies to embrace an increasingly diverse workforce.
Subjects: 
Korea
Human resource management
Global talent management
Human resource practices
Staffing
Organizational culture
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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