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New LG CEO: a man with initiative, drive.
(From The Korea Herald)
By Kim Min-hee The newly appointed CEO of LG Electronics, Kim Ssang-soo, 58, is counted among the top home appliance experts in the world and credited with LG's dramatic and robust advance in the global market in the late 90s.
Since joining LG Electronics in 1969, Kim, a Hanyang University graduate, has assumed key positions throughout the years, including the chief of LG's main factory for refrigerators and head of the living systems and digital appliance departments. Accordingly, Kim has always insisted on a philosophy of management based on field experience, much like the style of former GE Chairman Jack Welch.
Kim is the man behind LG Electronics' adoption of "6 Sigma" - an aggressive quality control program that aimed to maintain the rate of defects at below 3.4 PPM (parts per million) - while he has helped the company trim costs by as much as one-third through the "tear-down-and-redesign" project.
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