| CONFRONTING
							        KOREA'S PUBLIC IMAGE IN THE AGE OF SEGYEHWA (GLOBALIZATION):
							        BUILDING SKILLS AND AWARENESS TO COMPETE IN THE
							        GLOBAL ECONOMY
								 1) Objective:
									      The Federation of Korean Industries (FKI), a business association
									      representing 450 of Korea's largest corporations, established
									      its first overseas office in New York in 1995 to expand the commitment
									      of the Korean private sector to Korea's national policy of segyehwa
									      (globalization). In cooperation with the Korean Chamber of Commerce
									      and Industry in the USA, Inc. (KOCHAM), FKI retained KWR International,
									      Inc. (KWR) in 1996 to assist in developing strategies and activities
									      to achieve four broad objectives:
 • A) To gain a more comprehensive understanding
                                          of how Korea, Korean products and Korean
                                          corporations are perceived by key U.S.
                                          constituencies;
 
 • B) To generate the data necessary to
                                          develop the strategic and institutional
                                          framework to define key messages, priorities
                                          and an organizational structure to
                                          effectively communicate FKI and KOCHAM's
                                          institutional objectives in the U.S.;
 
 • C) To expand FKI and KOCHAM's network
                                          of contacts, to strengthen it's existing
                                          relationships, and to better service
                                          their member firms in the U.S.; and
 
 • D) To begin disseminating information
                                          on Korea to U.S. journalists and opinion-leaders.
 
 2) Solution: To achieve the stated
                                          objectives, KWR worked with FKI and
                                          KOCHAM to design and implement an integrated
                                          outreach program based on the results
                                          of an in-depth survey conducted by
                                          KWR in the fall of 1996. It generated
                                          quantitative and qualitative data from
                                          over 200 U.S. opinion-leaders representing
                                          a) Business, Government & Academia;
                                          b) Trade & Industry and c) the
                                          General Public and Media. A press release
                                          was disseminated to U.S. and Korean
                                          journalists and opinion leaders and
                                          approximately 3-4,000 copies of the
                                          final report were distributed in the
                                          United States, Korea and other countries
                                          in March of 1997. Extensive international
                                          media coverage was generated.
 
 Six weeks later a seminar was held
                                          in New York, attended by over 70 U.S.
                                          and Korean journalists, executives
                                          and government officials who gathered
                                          to discuss Korea's public image. After
                                          a series of speeches and a panel discussion
                                          by high-level Korean and U.S. representatives,
                                          a workshop was held and representatives
                                          from each of the eight working-groups
                                          came before the audience to summarize
                                          the discussion at their table.
 This initiative was followed-up over
                                          the course of the year by numerous
                                          meetings and conversations with U.S.
                                          journalists, executives and government
                                          officials interested in receiving information
                                          on Korea -- and by other Korea-oriented
                                          organizations -- who sought access
                                          to the network of U.S. opinion leaders
                                          who had participated in this project.
 
 In November of 1997, FKI/KOCHAM sponsored
                                          another seminar, also organized by
                                          KWR, which addressed the need for Korean
                                          firms to pay more attention to corporate
                                          citizenship initiatives. This event
                                          was funded under a grant from the Ford
                                          Foundation, and followed a similar
                                          format as the FKI/KOCHAM opinion leader
                                          seminar. Additional media coverage
                                          was generated through this same network.
 
 To this day, FKI/KOCHAM and KWR continue
                                          to receive requests from, and to expand
                                          their relationships with, U.S. and
                                          Korean journalists and opinion leaders,
                                          both from major national publications,
                                          as well as grassroots publications
                                          and broadcast outlets, all over the
                                          world.
 
 3) Methodology: In the fall of 1996,
                                          KWR conducted a survey of key U.S.
                                          opinion-leaders representing: 1) Business,
                                          Government & Academia, 2)Trade & Industry,
                                          and 3)General Public and Media. This
                                          survey as-sessed their perceptions
                                          on Korea, Korean Products and Corporations.
                                          Approximately 4,000 questionnaires
                                          were mailed to targeted individuals
                                          across the U.S., generating over 200
                                          responses detail-ing a wide range of
                                          views on 185 Korea-related issues.
                                          Respondents included Corporate CEO's,
                                          chairmen and senior executives, several
                                          fomer ambassadors and numerous prominent
                                          journalists, attorneys, bankers, federal,
                                          state and local government officials,
                                          business managers and financial and
                                          policy analysts.
 
 After undertaking a quantitative review,
                                          more than fifty comprehensive follow-up
                                          interviews were conducted to further
                                          explore key issues and to nurture the
                                          expansion of FKI/KOCHAM's international
                                          network. These interviews were conducted
                                          over the telephone (averaging 30-45
                                          minutes each) and by e-mail, depending
                                          on the preference of the respondent.
 
 A draft report containing analysis,
                                          conclusions and recommendations was
                                          prepared and presented to FKI/KOCHAM.
                                          Following intensive discussions, three
                                          versions of the final report were prepared:
                                          1) a comprehensive version for internal
                                          use and evaluation; 2) an abridged
                                          version for U.S. opinion leaders; and
                                          3) an abridged version containing a
                                          Korean translation of key highlights,
                                          along with a section on suggested public
                                          relations activities for FKI and KOCHAM
                                          members, and other Korean firms and
                                          organizations. Approximately, 3-4,000
                                          copies of these reports were distributed
                                          in Korea, the U.S. and other countries.
 
 In addition to the media coverage generated,
                                          two opinion pieces were prepared summarizing
                                          the findings of the survey and other
                                          relevant initiatives. Both were released
                                          by Bridge News, and reprinted in the
                                          Journal of Commerce and American Chamber
                                          of Commerce in Korea Journal. Numerous
                                          publications drew upon the data presented
                                          in the survey and seminar. Publications
                                          that directly covered these events
                                          include: Bloomberg Business News, the
                                          Rushford Report, Asia Pacific Economic
                                          Review, Business Facilities, Korea
                                          Economic Daily, Korea Herald, Joong-ang
                                          Ilbo, and Chosun Ilbo. Other journalists
                                          who participated in the seminar and
                                          workshops and who continue to interact
                                          with FKI/KOCHAM/KWR include: Forbes,
                                          Fortune, Barrons, Businessweek, Newsweek
                                          and numer-ous Korean newspapers, and
                                          radio and television stations. Additional
                                          inquiries have come from publications
                                          around the world ranging from several
                                          European publications to small local
                                          newspapers (i.e., The Augusta Chronicle
                                          and The Bergen Record, etc.), internet-based
                                          media (i.e., MSNBC, etc.) and trade
                                          (i.e. Ward's Automotive, Electronics
                                          Buyers News and Appliance Magazine,
                                          etc.), business and financial publications.
 
 4) Results: The FKI/KOCHAM survey and
                                          follow-up seminar generated extremely
                                          positive results and was -- and continues
                                          to be -- highly praised, utilized and
                                          quoted by a wide range of entities
                                          including U.S. and Korean journalists,
                                          government officials, business execu-tives,
                                          academics and other relevant individuals
                                          and organizations from both countries.
 
 In addition to serving as a source
                                          book that has helped to define, and
                                          to promote a greater awareness of,
                                          Korea-related issues, this program
                                          expanded FKI/KOCHAM's international
                                          network through the identification
                                          of new con-tacts and by strengthening
                                          existing relationships with other Korea-oriented
                                          organization in the U.S. and Korea.
 
 Finally, by defining basic PR principles
                                          so that they could be easily understood
                                          by Korean managers and government officials
                                          -- who are largely unfamiliar with
                                          the discipline -- FKI/KOCHAM were able
                                          to develop a more comprehensive understanding
                                          of the need for communications-oriented
                                          activities within their own organizations.
                                          This has proved invaluable in their
                                          ongoing internal planning efforts.
                                          It has also helped to promote a greater
                                          awareness in Korea and among FKI/KOCHAM
                                          member firms of the need, and potential
                                          value than can be gained through more
                                          intensive efforts to "confront
                                          their public image".
 The preceeding information is provided by:
 KWR International, Inc.
 New York, NY 10023
 Phone: +1.212.532.3005
 Fax: +1.212.799.0517
 E-mail: kwrintl@kwrintl.com
 
 Website content © 2001 KWR International
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