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Win-win
Management
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Quality
Management
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- Win-win management for realization of sustainable management
- HDC Hyundai Development Company practices sustainable management by establishing a Fair Trade culture and promoting win-win management.
- We create innovative values of win-win management by operating a transparent and objective system, promoting horizontal partnerships based on mutual respect, and training excellence in partner companies through positive support
Management System
HDC Hyundai Development Company faithfully implements the Four Fair Trade Action Agendas and agreement, and has adopted the Fair Trade Compliance Program (CP).
Four Fair Trade Action Agendas
Fair Trade Agreement
HDC Hyundai Development Company
- Comply with the ban on unfair trade practices
- Operate a fair system
- Comply with prior written document issuance
Partner
- Comply with Fair Trade practices
- Autonomous quality/safety/process control
- Comply with prior written document request
Operation of Fair Trade Compliance Program (CP)
Operational Effect
Operational Content (8 Elements)
- Ⅰ. Establish and implement CP criteria and procedures
- Ⅱ. CEO declares CP commitment and active support
- Ⅲ. Appoint Compliance Manager and assign responsibility
- Ⅳ. Write and utilize Compliance Guide
- Ⅴ. Provide continuous and systematic CP training
- Ⅵ. Establish internal monitoring system
- Ⅶ. Discipline executives and staff members in violation of Fair Trade regulations
- Ⅷ. Conduct regular inspection, evaluation and take corrective measures
Operational Effect
Compliance Guide
Operation System
HDC Hyundai Development Company operates various interactive systems to grow with partner companies.
Operation of interactive win-win system with partners
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Selecting Excellent Partners
- Award commendations & prize
- Offer bid and contract incentives
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Safety & Quality Committee
- Launched in 1994 for the first time in Korea’s construction industry history
- Promote mutual cooperation to improve quality & safety control
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Financial
Support- Operate Win-win funds (interest rate reduction)
- Provide financial support regarding contracts (prepayment, stamp tax, etc.)
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Training
Support- Offer occupational training in construction field
- Provide educational content online
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Technological
Support- Provide support for technology bid results (benefit sharing)
- Fund research for joint technology development
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Communication
Channel- Run an online call center & publish win-win letters
- Make system improvements based on frequent surveys
