Global Mando, strategy is in knowledge management
The very secret of knowledge management, which constitutes the biggest part of corporate strategy, is found out in the flip side of Mando’s success story. First, in virtue of knowledge management, Mando initiated enterprise-level changes and innovation.
Additionally, as a knowledge-based company, Mando enhanced its competitiveness in technology by sharing knowledge throughout the organization. Moreover, as a result of close cooperation between central and local research centers located all around Korea, great amount of new knowledge was endlessly being created.
Global Mando, strategy is in knowledge management
In the wake of Asian financial crisis back in 1997-1998, Mando went bankrupt and froze out all corporate expenditures. However, Mando strategically didn't stop investment in knowledge management. As a result, Mando finally revived with 41 billion won in net profit in 2008.
With high recognition of Mando's knowledge management, Korea's top business daily, MAEIL Business Newspaper and BOOZALLEN Korea awarded Mando the best prize in knowledge management in 2007. In fact, Mr. Oh Sang Su, CEO and president of Mando in 2007, valued knowledge management as the indispensible part of the corporate strategy.
