รู้จัก ฮุนได กลุ่มธุรกิจขนาดใหญ่ที่สุดของเกาหลีใต้ ที่ก่อตั้งโดยลูกชาวนา /โดย ลงทุนแมน
“Man's potential is limitless” หรือที่มีความหมายว่า “ศักยภาพของมนุษย์เรา ไม่มีขีดจำกัด”
ประโยคหนึ่ง ที่กล่าวโดย “ซุง จู ยุง” ผู้ก่อตั้งกลุ่มฮุนได
หลายคนอาจคิดว่าฮุนได (Hyundai) หรือที่คนเกาหลีเรียกว่า “ฮยอน แด” เริ่มทำธุรกิจผลิตรถยนต์มาตั้งแต่แรก
...Continue ReadingKnow Hyundai, South Korea's largest business group founded by farmer's son / investment man.
′′ Man's potential is limitless aka ′′ our human potential has no limit
One sentence said by ′′ Sung Joo-Yung ′′ the founder of Hyundai Group.
Many people may think that Hyundai (Hyundai) or Korean people call ′′ Hyun Dae ′′ started in the first place in the beginning of their car manufacturing business.
But in fact, Hyundai has a starting point from the construction business.
How is this? Invest Man will tell you about it.
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Hyundai was founded by Sung Joo, a South Korean male mosquito, who was born from a farmer's family living in rural area of Kangwon province, south of Korea.
When I was young, Sungju, I dreamed that I wanted to be a student teacher.
But with poverty, he has no capital in education and no chance to follow his intentional dreams.
However, Sung Joo-Yung has been in a youthful businessman.
Because every time he travels to town, he always panting wood from his neighborhood to sell to make money.
What he does regularly when he has a chance to travel to the city.
It's to find newspaper to read, add knowledge.
At this point, that sparked his mind to earn more money to help his life and family get out of poverty.
When I start to see the opportunity that working in the city pays off.
So he plans to go out of the countryside to work in the city.
Sung Jooyung tried to run away from home to work in town many times, but he was taken home every time.
But his 4nd attempt was accomplished.
When his father doesn't come looking for him again.
In the first period, Sung Juyung started working as a laborer at Port in Inchon City.
And next to deliver rice to a rice store in Seoul.
He worked in rice stores with diligence.
And after 6 months of work, I have been promoted to take care of my shop accounting job.
After taking care of accounting job
He's getting more knowledge of business
I have been trusted by the rice shop owner who has health problems to take care of my business instead.
But shortly after, in the early 1939's, Korea took over Japan.
Rice businesses are being coerced to shut down by the Japanese Army.
He decided to bring his experience and money collected to start a carport business in his hometown in Kangwon province.
But the garage business has to shut down again from the orders of the Japanese government.
In conclusion, both rice trading and car garage business that seems to go well. It's not what he expects.
But then fate seems to be taking his side..
Because in 1945 Japan defeated WWII
Make U.S. to take care of the current South Korea or South Korea.
U.S. Entry makes doing business in South Korea more freedom.
It's this time that Sung Juyung was founded Hyundai in 1947
Initially, Hyundai started a construction business.
Because Sung Juyu, Mosquitoes South Korea needs to be restored after war ends.
One of the factors that made Hyundai grow well in the first period is because South Korea's government had several construction projects and restoration projects such as expressway, port construction and dams.
Hyundai is the winner of the South Korean government's multi-project auction.
Including other projects from the U.S. government
Later in 1965, Hyundai took first offshore road construction job.
This is a road building project in south of Thailand during Pattani and Narathi province.
Hyundai group's key step is to establish Hyundai Motor in 1967
Which today, Hyundai Motor became South Korea's largest automobile manufacturing company.
In 2018, Hyundai Motor was the world's 5th highest manufacturing company.
In 2019, Hyundai Motor proceeds 2.8 million baht, profit 83,000 million baht and now it's worth the company more than 1 trillion baht.
Hyundai group present in various businesses
Such as construction contractor, manufacturing and selling cars, retail, financial services.
Which, if all businesses are integrated into one company, the Hyundai group is considered South Korea's largest business group.
Even today, Sung Joo-yung is gone.
But his journey on his hard path to success will inspire many people.
So if we are facing difficulties now
Try to develop yourself and find a path forward.
Like the example of Sungjoo, mosquitoes from being a farmer's son, poor status can step up as the founder of Hyundai Group, South Korea's giant company nowadays..
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Blockdit is a platform of source of thinkers
Helping to update the situation in video article formats
Including the podcast to listen to on the go.
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Follow the investment man at
Website - longtunman.com
Blockdit-blockdit.com/longtunman
Facebook-@[113397052526245:274: lngthun mæn]
Twitter - twitter.com/longtunman
Instagram-instagram.com/longtunman
Line - page.line.me/longtunman
YouTube - youtube.com/longtunman
References
-https://en.wikipedia.org/wiki/Chung_Ju-yung
-https://en.wikipedia.org/wiki/Hyundai_Group
-https://en.wikipedia.org/wiki/Hyundai
-https://www.referenceforbusiness.com/history2/52/Hyundai-Group.html
-https://koreajoongangdaily.joins.com/2015/03/11/industry/Road-to-overseas-construction-success-starts-in-Thailand/3001795.html
-https://www.wheels.ca/top-ten/these-are-ten-biggest-automakers-in-the-world/
-https://en.wikipedia.org/wiki/Hyundai_Motor_Company
-https://finance.yahoo.com/quote/HYMTF/Translated
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สรุปเรื่อง Japan Airlines ฟื้นหลังล้มละลาย ได้อย่างไร? แบบเข้าใจง่ายๆ /โดย ลงทุนแมน
ถ้าบริษัทเรามีหนี้สินกว่า 690,000 ล้านบาท และกำลังจะล้มละลาย
เราคงถูกมองว่าบ้า ถ้าไปเอาคนที่ไม่มีประสบการณ์ในธุรกิจนั้นมาแก้ปัญหา
แต่เมื่อ 10 ปีก่อน ตอนที่สายการบิน Japan Airlines ใกล้จะล้มละลาย...
Continue ReadingHow does Japan Airlines revive after bankruptcy? Easy to understand / Invest manly
If our company has more than 690,000 million baht debt and is going bankrupt.
We would be considered crazy if we went to get someone who hasn't experienced in business to solve the problem.
But 10 years ago when Japan Airlines were going bankrupt.
Japanese government invites people who have no experience in aviation business to become CEO.
Why would the Japanese government make that decision?
And who was the one who solved the problem for Japan Airlines that day
Invest. Man will tell you about it
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First let's meet Japan Airlines first
Japan Airlines was founded in 1951 by the Japanese government to build Japan's airplane travel network after WWI ended.
First 3 years after Japan Airlines serving only in Japan.
Before 1954, Japan Airlines began to serve first international flights in Tokyo-Honolulu-San Francisco
Year 1961 Japan Airlines is listed on the Stock Exchange of Japan.
Year 1987 Japan Airlines was privatized from cuddle state enterprises into private companies to provide more agility and profitable capacity.
Japan Airlines has an advantage of many rival airlines as companies have lower loan costs than other airlines. The company not only loans to expand businesses easily, but also to sell tickets below many airlines to attract passengers to service.
But easy access to Japan Airlines funding source is like a double-edged sword because the company started to invest in hotel, resort, or mother, but tour company which is not about the core business of the company.
Japan Airlines employees say that one of the hotels in the USA that the company bought has full customers every year for 30 years. This hotel is not profitable for Japan Airlines..
And it seems that business risk distribution is not working on this airline.
As passengers start to decrease in economic conditions, as the competition in the airline business gradually increases disaster with companies.
Year 2009, the company experienced a financial crisis that it must go into a plan to restore bankruptcy. At that time, this airline has a total debt of 690,000 million baht more than Thai Airways debt. At the moment, it's almost 3 times more until the company's shares are taken Leaving the Japanese Stock Exchange in 2010
Of course, with this burden of debt, there will be no agency except government to help this airline from falling in front of the Japanese government. However, one of the caveats of the Japanese government after putting money is the top executive to run Japan Airlines must be the one who chooses the government. Come by myself only
For the reason the government said at that time, ′′ We must choose the right one first because it is very necessary to fix this airline's problem
Many people predict who is the one who will come to Kriti this time?
Finally, the minister of Japan's Ministry of Transport in those days invited was Mr. Kazuo Inamori, a 78 year old man at that time.
So who is this guy?
Mr. Kazuo Inamori is the founder of Kyocera, currently a multi-business company, electronic parts, office equipment, car parts, electric devices.
Interestingly, this is a profitable company every year since it was founded in 1959, so it's not strange that this guy is recognized as the ′′ father of corporate management
However.
Many questions come back from this decision of Japanese government and few people believe that inexperienced men in airline business can solve the heavy problems of this airline.
Other than that, your people around Kazuo Inamori tell him not to throw away his reputation with Japan Airlines. At this age, he better get some rest in peace.
But for Mr. Kazuo Inamori, he thinks that he needs to help this airline. If he let Japan Airlines fall, it will not only affect the country's economy, but also the appearance, confidence, including nearly 5 thousand companies employees who lose their jobs.
Many people may think that Kazuo Inamori must earn a very high salary to work as CEO to solve this airline crisis.
But actually his condition in getting this job is that he doesn't claim a single salary from Japan Airlines..
Problem he encounters after coming in is that there is a party divided by corporations. There is an internal political system.
Importantly, when he talks to the executives, the shocking number of people don't know how much money each flight department makes for the company.
So the first thing he does is to make everyone in the company know that in 1 years Japan Airlines will go bankrupt if everyone doesn't help each other and have to adjust the idea. Everyone is Japan Airlines. It's the highest service business not just the aviation business.
The one who will impress customers is the company employee.
So he has to make all levels of staff understand what he thinks by talking to the staff himself. Since the ticket salesman, the purse staff is not just the flight attendant.
He also uses Amoeba management system. That's a system that helps determine how much each department makes and how much it costs to work in each department.
When he knows something unnecessary, he cuts all those expenses, including non-profit flight routes.
In addition, the price tags of every product that the company bought so the deployed people will know how much the cost of each company is.
From your hard work, Kazuo Inamori made this airline from a loss of 19,000 million Baht in 2009 Japan Airlines began to profit in 2012 and made the company's shares back to be registered on the Japanese Stock Exchange again this year.
So what is the latest Japan Airlines performance?
Year 2017 Income 415,000 million baht. Profit 40,600 million baht.
Year 2018 Income 446,100 million baht. Profit 45,200 million baht.
Even this year, Japan Airlines should also be affected by the COVID-19 plague.
But going through obstacles and restoration of the organization in the past should help the company go through this crisis again.
And today Japan Airlines has a profit of accumulated over 247,000 million baht.
Currently, the value of Japan Airlines is equal to 191,000 million Baht. Our Thai Airways is about 19 times more..
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Blockdit. Analytical source.
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Blockdit.com/download
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Follow and invest manly at
Website - longtunman.com
Blockdit-blockdit.com/longtunman
Facebook-@[113397052526245:274: lngthun mæn]
Twitter - twitter.com/longtunman
Instagram-instagram.com/longtunman
Line - page.line.me/longtunman
YouTube - youtube.com/longtunman
References
-https://en.wikipedia.org/wiki/Japan_Airlines
-https://www.jal.com/en/investor/highlight/
-https://finance.yahoo.com/quote/JAPSY?p=JAPSY
-https://finance.yahoo.com/quote/ALNPY/
-https://global.kyocera.com/inamori/profile/episode/episode10.html
-https://en.wikipedia.org/wiki/Kyocera
-https://www.jal.com/en/investor/library/information/
-https://www.youtube.com/watch?v=zpmX3BrLn-E
-https://en.wikipedia.org/wiki/JW_Marriott_Essex_HouseTranslated
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