About
We introduce you to Hyundai Department Store Group – a comprehensive lifestyle and culture company that will enhance your value.
VISION 2030 established
the key values and the business
directions for
Hyundai Department Store Group for the next 10 years.
WHY
The Group’s purpose?
MISSION
Bring Happiness to Customers, Enrich the World
VISION
A company with the highest level of customer trust
WHAT
What are we seeking to become with our businesses?
Business Goals
A company that enhances the lifestyles of customers
A company that creates future business value
A company that contributes to social value
A company that grows together with its employees
Business Goals
Taking the new business directions in VISION 2030 as its foundation, Hyundai Department Store Group aims to double the Group’s sales to reach 40 trillion won in the next 10 years.
Customer
A company that enhances
the lifestyles of its customers
Develop and recommend products/services in response to the changing consumption patterns
Implement DT from the view of the customer, and tap into data to offer better value
Company
A company that creates future
business value
Secure a growth engine by discovering promising businesses in consumption/lifestyle fields
Ramp up the competitiveness of the existing businesses and modify the BM based on the view of customers
Community
A company that contributes
to social value
Propose hope for the future generation (stronger ESG management)
Develop a BM that creates public welfare and contributes to addressing social
Co-worker
A company that grows together
with its employees
Introduce a performance assessment system that is oriented towards a shared goal
Prepare an institutional foundation for
Business Directions
Our business directions represent the Group’s determination to enhance lives of its customers across the entire realm of lifestyle products for clothing, food, housing, and culture, and to offer fresh and unique experiences.
Life
The customer’s consumption activities in general (clothing, food, housing, culture)
With
Identify and predict the customer needs in response to the changing environment
Value
Unique experiences that enhance the value of life
Offer
Tap into data with creative insights to propose new experiences
Values to Implement
This represents how we are building a corporate culture that creates innovations based on our 4 key values: passion, communication, creation, and partnership.
Passion
- Bold actions to initiate change
- Determination to become the best
- Acknowledgment of failure and motivation to improve
Communication
- Free and open suggestions of ideas
- Exchanges of information and mutual feedback
- A transparent and fair assessment and compensation system
Creation
- Strive for the best through changes and innovation
- Address inefficiencies to achieve a good work-life balance
- Use creative insights to focus on the customer needs
Partnership
- Achieve common goals
- Oriented towards a trust-based community
- Act with principles and standards
Safety
- Promoting the safety awarness of all members based on sense of responsibility
- Safety improvement by actively identifying the risk factors
- The implementation of a safe working environment
Environment
- The implementation of eco-friendly management values throughout the business process
- The implementation of eco-friendly values that both customers and business partners agree
- Encouraging all members to practice eco-friendly activities
2030 Business Portfolio
Our goal is to achieve KRW 40 trillion in sales by 2030, by further strengthening our three key business areas (distribution, fashion, living/interiors) with promising future businesses, such as beauty, healthcare, bio, and eco-friendly products.
