애경그룹 창업자 張英信 회장의 생애와 경영이념

A Study on the Life and Entrepreneurship of Young-Shin Chang, Chairman of AeKyung Group

The purpose of this study is to investigate the life of Young-Shin Chang, Chairman of AeKyung Group, and also the philosophy behind her innovative management style, which has been established through her life experience in managing the Group. Half a century ago, on June 9, 1954, when Korean people lacked even the basic daily necessities, the AeKyung Oil & Fat Company was established. Based on the success with that company, AeKyung expanded into the chemical industry, which played a significant role in the development of the Korean economy. Under Chang, the Group has since expanded its business to various other sectors, including the leisure and logistics industries. In addition, AeKyung has become a company that values its customers. As up to August 2004, the AeKyung Group has a network of 16 affiliates and 6 overseas subsidiaries. In the beginning, it was just one company that only made 4.3 billion KRW in sales that number for the year 2003 has increased to 1.5 trillion KRW, and with AeKyung Group advancing to the global market, it has set a goal to reach 3.5 trillion KRW in the year 2010. As the first female CEO in Korea, Chang emphasizes that the future of the company lies with the employees. She also underscores the importance of a management practice based on trust and transparency, which is the basis a cooperative environment. AeKyung Group has been successful in resolving disputes between management and workers without resorting to extreme measures on either side. AeKyung has now become the ideal model for a new