A Closer Look at the 2025 SK Research Award-Winning Papers The 2025 SK Research Award Recipients.  From left: Professors Minjae Koo, Baek Jung Kim, Jeunghyun Kim, In Joon Noh, Kwangtae Park, Gunwoong Lee, Kyuhan Lee and Ju Hyun Pyun.      Riding Attention Spikes: How Analysts Respond to Advertising  Authors: Professor Minjae KOO et al. (co-authors: Annika Wang, Yin Wang, Liandong Zhang)  Journal: Contemporary Accounting Research  This study empirically examines how security analysts strategically respond when product advertising increases investor attention. By combining weekly advertising data with analyst report data, the analysis reveals that analysts tend to issue more optimistic earnings forecasts following periods of intensive advertising. This tendency is particularly pronounced among analysts at brokerage firms whose revenue structures rely on commissions, suggesting that such behavior reflects the strategic use of investor attention rather than mere cognitive bias.  The study also finds that optimistic forecasts increase trading activity among retail investors, thereby amplifying market reactions. These findings demonstrate that analysts are not passive recipients of information distortion but active participants in shaping market sentiment, offering new insights into the interactions among advertising, information flows, and financial decision-making. As an integrative study bridging accounting and finance, it provides important implications for market transparency and regulatory policy.        The Closing-the-Gap Effect: Joint Evaluation Leads Donors to Help Charities Farther from Their Goal  Authors: Professor Baek Jung KIM et al. (co-authors: Rishad Habib, David J. Hardisty, Katherine White)  Journal: Journal of Marketing Research  This study identifies the “Closing-the-Gap Effect,” a phenomenon in which donors contribute more to charities that are farther from meeting their fundraising goals when these organizations are evaluated jointly. Drawing on six preregistered experiments, seven follow-up experiments, and more than 10,000 real crowdfunding observations, the researchers empirically validate this effect. The findings show that when donors assess charities side by side, they perceive greater need salience and therefore tend to allocate more donations to organizations with lower goal-achievement rates. However, this effect disappears when charities are evaluated individually.  The effect also weakens when differences between organizations are small or when for-profit entities are included in the choice set. By illuminating the psychological mechanisms linking social comparison to donation behavior, this study advances theoretical understanding in nonprofit marketing and social psychology. It further offers practical implications for designing platform-based fundraising campaigns and strategies that effectively encourage charitable giving.        Service Operations for Justice-on-Time: A Data-Driven Queueing Approach  Authors: Professor Jeunghyun Kim et al. (co-authors: Nitin Bakshi, Ramandeep Randhawa)  Journal: Manufacturing & Service Operations Management (Vol. 27, Issue 1)  This study offers an innovative attempt to analyze structural delays in judicial systems from an Operations Management perspective. Focusing on the Supreme Court of India, the authors conduct simulations based on real court data and model the judicial process, in which cases are routed through pre-admission and post-admission stages. The analysis identifies judges’ limited processing capacity and rigid scheduling practices as key drivers of delays. The results further show that implementing greater work-hour flexibility and schedule-adjustment policies can reduce average delays by up to 65%.  As the first empirical study to reframe the social value of “Justice-on-Time” as a data-driven operations efficiency problem, this research is recognized as an exemplary convergence study that bridges public service and operations management.        Evaluating Quality Reward and Other Interventions to Mitigate US Drug Shortages  Authors: Professor In Joon Noh et al. (co-authors: Sergey Naumov, Hui Zhao)  Journal: Journal of Operations Management (Vol. 71, Issue 3)  This study quantitatively evaluates policy interventions aimed at addressing drug shortages in the U.S. generic pharmaceutical market. The researchers develop a system dynamics model to compare the long-term effects of traditional policies—such as shortening approval processes and expanding production—with those of the recently highlighted “Quality Reward” incentive system. The simulation results indicate that while traditional policies offer only short-term relief, quality-based incentives provide a sustainable solution that structurally mitigates drug shortages. However, the study also finds that such incentives may induce market monopolization by certain firms, underscoring the need for complementary quality information disclosure mechanisms.  By empirically demonstrating that quality-focused supply chain management can maintain a balance between public health stability and industrial competitiveness, this study offers robust scientific evidence for pharmaceutical policy design and is highly regarded for its contribution.        Are All Generic Drugs Created Equal? An Empirical Analysis of Generic Drug Manufacturing Location and Serious Drug Adverse Events  Authors: Professor In Joon Noh et al. (Gray John, Ball George, Wright Zachary, Hyunwoo Park)  Journal: Production & Operations Management  This study quantitatively evaluates policy interventions aimed at addressing drug shortages in the U.S. generic pharmaceutical market. The researchers develop a system dynamics model to compare the long-term effects of traditional policies—such as shortening approval processes and expanding production—with those of the recently highlighted “Quality Reward” incentive system. The simulation results indicate that while traditional policies offer only short-term relief, quality-based incentives provide a sustainable solution that structurally mitigates drug shortages. However, the study also finds that such incentives may induce market monopolization by certain firms, underscoring the need for complementary quality information disclosure mechanisms.  By empirically demonstrating that quality-focused supply chain management can maintain a balance between public health stability and industrial competitiveness, this study offers robust scientific evidence for pharmaceutical policy design and is highly regarded for its contribution.        Protecting Workers from Rude Customers to Enhance Organizational Identification in Emotional Labor Environments  Authors: Professor Kwangtae Park (co-authors: Hyojeong Kim, Nagesh N Murthy, Anurag Agarwal)  Journal: Production and Operations Management  This study empirically examines how Emotional Dissonance—experienced by workers in call center environments where emotional labor is routine—affects their Organizational Identification (OID). Emotional dissonance arises when employees’ actual feelings do not align with the emotional expressions required by the organization, and over time, it weakens organizational commitment and job satisfaction. Using data from a large sample of call center employees, the study elucidates the mechanism through which emotional dissonance diminishes organizational identification and tests moderating factors that may alleviate this effect.  The analysis shows that, first, the more employees perceive customer-interaction protection policies as genuine and effective, the more the negative impact is reduced; and second, strong supervisor Servant Leadership helps sustain OID levels. Notably, although long-tenured employees experience greater cumulative emotional labor, their sense of organizational attachment can be restored when institutional protection and leadership support are provided together. By demonstrating that psychological protection for emotional laborers and organizational policy design operate complementarily, this study expands scholarly understanding of human-centered leadership in the field of service management.        Consumer Evaluation of Digital Product Innovations: Disentangling Effects of Novelty, Familiarity, and Complementarity  Authors: Professor Gunwoong Lee et al. (co-authors: Nilla Zhang, Wai Fong Boh) Journal: MIS Quarterly  This study empirically examines how consumers’ familiarity and novelty perceptions influence their evaluations when digital product manufacturers pursue innovation. Using data on hardware feature innovations in complex digital devices such as smartphones and laptops, the researchers test the interaction effects of innovation timing and software support on consumer satisfaction. The results indicate that familiar functions receive more favorable evaluations when introduced early in the product cycle, whereas novel functions gain greater acceptance when introduced with some delay. In contrast, simultaneously releasing new features alongside complex software leads to consumer confusion and negative evaluations.  By clarifying the complementarities and timing strategies between hardware and software innovation, the study offers meaningful practical implications for technology marketing and innovation management. It is also academically recognized for explaining the market acceptance of technological innovation through the lens of the consumer learning curve.        Leveraging Large Language Models for Hate Speech Detection: Multi-Agent, Information-Theoretic Prompt Learning for Enhancing Contextual Understanding  Authors: Professor Kyuhan Lee et al. (co-author: Sudha Ram)  Journal: Journal of Management Information Systems  This study proposes a novel approach to enhancing the accuracy and contextual understanding of hate speech detection by designing Large Language Models (LLMs) within a Multi-Agent framework. Whereas single-model detection methods struggle to capture complex linguistic elements such as context, satire, and metaphor, this study develops a system in which multiple AI agents cross-verify and collaborate on their judgments. The authors also introduce an information-theoretic entropy criterion to quantify the efficiency of prompt selection, resulting in significant improvements in detection accuracy compared with existing models.  This approach improves the feasibility of real-time content monitoring on large-scale online platforms and demonstrates that technological interventions can help curb the spread of hate speech, a major source of social conflict. The study is recognized for advancing ethical and public values in the information systems field by illustrating how AI technologies can support societal responsibility. In doing so, it contributes to reducing social tensions and fostering healthier communication environments.        Fear of Appreciation and Current Account Adjustment  Authors: Professor Ju Hyun Pyun et al. (co-corresponding authors: Paul R. Bergin a, Kyunghun Kim b)  Journal: Journal of International Economics  This paper finds that one-sided nominal exchange-rate interventions—specifically, a “fear of appreciation”—delay the adjustment of current account surpluses, offering new evidence for Friedman’s claim that current account adjustment proceeds more rapidly under flexible exchange rates. The study shows that countries with more flexible exchange-rate regimes adjust current account deficits more quickly than those with fixed regimes, but this pattern does not hold in the case of surpluses.  This asymmetry is associated with policies aimed at resisting currency appreciation in some countries. To account for this, the authors develop a multi-country monetary model that incorporates a policy rule representing a “fear of appreciation,” modeled as an occasionally binding constraint. The model illustrates how government capital controls that sustain an exchange-rate regime influence international financial adjustment mechanisms and explains the substantial asymmetries in adjustment speeds depending on the exchange-rate regime and whether a country is in surplus or deficit.  The study empirically extends Friedman’s argument and presents a new theoretical framework that accounts for asymmetries in modern capital control and reserve accumulation policies. 

Korea Zinc Leadership Academy Holds Completion Ceremony for Its First Cohort… Marks the First Milestone in Fostering Future Leaders     The completion ceremony for the first cohort of the Korea Zinc Leadership Academy, including participants from Korea Zinc and its affiliates, was held on Thursday, October 30, at Cuckoo Hall on the 6th floor of the LG-POSCO Building. The academy is a leadership development program jointly designed by Korea University Business School and Korea Zinc to nurture future leaders, and a total of 29 participants successfully completed the six-month course.  Attending the ceremony were Eonsoo Kim, Dean of the Business School; Associate Dean Gangseog Ryu; Professors Seokkyun Kim, Ji-Woong Chung, Gunwoong Lee, and Young-Kyu Kim; as well as In-Dae Kwon, Head of the HR Management Division at Korea Zinc, along with other officials and participants who gathered to celebrate the completion.  The first cohort of Leadership Academy graduates opened the ceremony by presenting a report on the four training modules they completed over the past six months, followed by a video summarizing their activities. Through the program, participants deepened their understanding of Korea Zinc’s future vision and business structure, while strengthening their managerial insight and leadership competencies. In particular, they acquired practical management skills that can be applied immediately in the workplace through courses such as Korea Zinc’s mission, core values and business model analysis, leadership simulations and action learning, as well as organizational decision-making and change management.     Dean Eonsoo Kim was the first to congratulate the graduates for their dedication and accomplishments despite their busy schedules. He stated, “This academy is a development program designed to realize Korea Zinc’s people-centered management philosophy. I hope that completing all components of the program, including the action learning module, will be of great help to your future work. I also encourage you to continue to Keep Reading and Keep Learning.”  Next, Myung-Seon Kim, Manager of the Convergence Innovation Team at Korea Zinc, delivered a representative address on behalf of the 29 graduates. Manager Kim said, “I would like to express my gratitude to the esteemed professors, university staff, and Korea Zinc’s HR Management Division for providing us with this valuable learning opportunity.” She continued, “By gaining an understanding of fundamental management principles and studying ESG and leadership, I now feel a stronger sense of responsibility to reflect on the company’s future.”  The ceremony continued with the presentation of completion certificates and commemorative gifts, followed by an awards segment recognizing outstanding participants. Ji-Min Bang, Senior Manager, received the Encouragement Award; Ji-Ho Kim, Senior Manager, received the Excellence Award; and Chang-Hyun Lee, Manager, received the Top Award, with each honoree presented with a small prize.  In his congratulatory remarks, Head In-Dae Kwon noted, “It is not easy to develop your own leadership style and deliver results within such a short period,” adding, “I hope you will become the seeds of positive change within our company.”  After the ceremony, a farewell dinner was held. During the dinner, professors, graduates, and guests enjoyed a networking opportunity, sharing the relationships and experiences they had built throughout the program. The event concluded in a warm and collegial atmosphere as participants exchanged advice and words of encouragement.  This Leadership Academy carries significant meaning in that it presents a model of industry–academia partnership for nurturing future leaders through the collaboration between Korea University Business School and Korea Zinc. Through a curriculum that bridges theory and practice, participants strengthened the insight, sense of responsibility, and foundation for innovative leadership required in a rapidly changing era. This completion is expected to lay the groundwork for continued leadership development and talent cultivation in the years ahead. 

Warm Exchange Between Professors and Students — Korea University Business School Successfully Concludes ‘Mentoring Day’  Korea University Business School (KUBS) held the 2025 Fall Semester Faculty Mentoring Day from Monday, October 27 to Wednesday, October 29, spanning three days. Mentoring Day is an annual event designed to provide KUBS students with the opportunity to meet their academic advisors for guidance on academic and career development, as well as to promote open communication between professors and students. This year’s program focused on helping students share the challenges they encounter in university life and refine their career directions through one-on-one consultations with professors. The event, held at Young-Il Ahn Hall and Cuckoo Seminar Room in the LG-POSCO Building, was open to students enrolled in Freshman Seminar II, who registered in advance based on their availability.      On the first day, professors and students gathered around ten pre-assigned tables to share lunch and snacks while discussing various aspects of campus life. The atmosphere was lively as participants exchanged experiences and stories. Professor Young Kyu Kim brought several books he thought would be useful to students and distributed them, fostering a warm and friendly mood. He also led discussions on artificial intelligence and offered personalized advice regarding students’ double majors and career paths. International students actively participated in the mentoring sessions in English. Professors and students listened attentively to one another, occasionally sharing laughter in a relaxed and pleasant setting. Professor Weon Sang Yoo remarked, “Since many students had questions about their future paths, I shared how I discovered my own career direction in the past. We also discussed things I recommend doing during university, as well as exchange programs.” Student Seo Jin Kim (Business Administration, Class of 2025) reflected, “I had many questions about my career, but through my conversation with the professor, I was able to gain a clearer sense of direction.” Professors and students spent about an hour engaging in genuine, meaningful conversation, strengthening their bond in the process.      On the second day, nine tables were arranged in Cuckoo Hall and twelve in Young-Il Ahn Hall, where students sat with their respective academic advisors to share meals and discuss campus life and career development. Professor Jong-Ho Lee recommended Capitalism as a must read for business students and presented personally prepared copies to participants. Sharing stories from his own college days, he encouraged students to “take on diverse challenges during university life,” fostering a friendly and open atmosphere. Although the conversations began a bit formally, they soon became natural and engaging as laughter and empathy filled the room. Lighthearted jokes were exchanged, and the session ended in a warm and cheerful mood. Professor Sunwoo Hwang, who also participated that day, remarked, “I listened to students share their interests and career concerns and tried to offer advice that could be of help. Rather than leading a one-way conversation, I enjoyed hearing about their daily lives, campus experiences, and even their favorite sports.” Student Ji-An Ryu (Business Administration, Class of 2025), who spoke with Professor Hwang, shared, “I was initially worried that the atmosphere might feel too formal, but our conversation turned out to be very natural and personal. It helped me feel closer to my professor, which was truly meaningful.”      On the final day, students once again gathered around round tables with their academic advisors, greeting one another with a mix of warmth and slight awkwardness before beginning lighthearted conversations over a simple meal. Professor Thummim Cho eased the atmosphere by asking students how they had been since the recent exams, fostering a friendly environment filled with smiles and laughter. They shared stories about clubs, grades, and various aspects of campus life, deepening the sense of connection between professors and students. At Professor Min Jung Kim’s table, participants switched to English to include an international student in the conversation. When the student responded with a few words in Korean, the others applauded and laughed in encouragement, further enhancing the cheerful and inclusive mood.    As the event was designed primarily for first-year students — many of whom are beginning to explore their career paths — most of the discussions centered on individual interests and future goals. Professors asked students about their plans and aspirations, offering advice and exchanging insights tailored to each student’s area of interest. They also drew on their own experiences to recommend meaningful activities such as enhancing English communication skills, participating in exchange programs, and developing a reading habit.     The 2025 Fall Semester Faculty Mentoring Day, held over three days, concluded as a meaningful occasion that encouraged open and genuine conversations between professors and students about career goals and everyday life. Through the program, the connection between faculty and students grew stronger, helping students gain confidence in their campus life and build closer, more personal relationships with their mentors.    A Korea University Business School representative remarked, “Mentoring Day is more than just an academic advising session — it is a time for professors and students to build mutual understanding and trust. We will continue to enhance this program so that students can maintain ongoing dialogue with their advisors and explore their paths of growth together.” 

AI Is Redefining Marketing — KONG Ventures CEO Juhyung Lee says GEO Will Be the Next Standard   On Tuesday, October 28, Juhyung Lee, CEO of Kong Ventures, delivered a lecture titled “The Paradigm Shift in Marketing in the Age of AI” as part of the Entrepreneurship Academy Lecture on Demand, hosted by the Startup Research Institute at Korea University Business School. The session, introduced by Professor JinKyu Park, Director of the Startup Research Institute, focused on practical insights drawn from Lee’s hands-on experience in startup founding and global market expansion, receiving an enthusiastic response from attending students.    Lee shared that he began his entrepreneurial journey with the mission of “delivering the full value of compelling brands to customers.” Recognizing that limited development skills often pose a major barrier for entrepreneurs, he launched Hatchhiker, a no-code, AI-powered platform that enables users to create websites and mobile apps with ease. However, he soon realized a hard truth: “Even with a website, a brand cannot survive without marketing capabilities.” To tackle this challenge, he developed an SEO (Search Engine Optimization) writing solution, expanding into the marketing field. Throughout this process, Lee identified a broader shift—one in which advanced AI delivers brand value by offering users the most optimized answers. While exploring the U.S. market, he came across the concept of GEO (Generative Engine Optimization) and became convinced that the future of brand experience would be shaped by AI. This conviction ultimately evolved into his company’s current business model.    At present, Kong Ventures operates Scope, a GEO diagnostic platform, and NAR Enterprise, a GEO consulting service. The company has also signed an MOU with Innocean to strengthen AI-based search capabilities and has secured major domestic clients—including a leading global cosmetics manufacturer and a global electronics company—as it continues to build practical GEO project cases.      Lee defined GEO as “the process of optimizing AI to serve as a brand’s faithful representative, enabling it to deliver the brand’s intended message to customers accurately and effectively.” He explained, “While traditional SEO focused on improving website rankings for human searchers, GEO represents a fundamental shift—its optimization is directed not primarily at people, but at AI systems themselves.” He continued, “When people stop typing queries into Google and start asking ChatGPT directly, that will mark the beginning of a new era in marketing. In a world where consumers can discover and purchase products entirely through conversations with AI—or engage in real-time interactions with AI through smart glasses as they walk down the street—GEO will demonstrate its true power.” As an example, Lee highlighted Walmart’s collaboration with OpenAI to develop agentic commerce capabilities that allow users to plan meals, discover products, and make purchases seamlessly through natural conversations with AI.    Lee characterized the advancement of AI not as a “problem of replacement,” but as a “problem of design,” emphasizing the importance of individuals who can decide what tasks to assign to AI and how to apply its results effectively. He added, “We are now entering the era of one-person development teams,” noting that Kong Ventures has also achieved rapid growth through an efficient organizational structure.      During the Q&A session, an attendee asked whether GEO would lose its relevance as AI continues to advance. Lee replied, “The importance of GEO has already been demonstrated in a market where AI is evolving at an unprecedented pace,” emphasizing that “the core of AI advancement ultimately lies in data.” He explained, “AI learns from and cites web content to improve its performance. For companies, this means that information intended for customers must be structured into data that AI can recognize and use effectively. As AI continues to evolve, the role of GEO will only become more essential.”    He added, “Conversion rates driven by AI recommendation platforms are steadily rising, and competition in this area will only intensify. Technical and conceptual competence, along with continuous improvement, will become key differentiators.” When asked about how the company attracted its initial clients, Lee said, “At a time when the term GEO wasn’t even defined, our goal was to optimize our clients’ content so that it would be recommended by multiple AIs.” He added, “Rather than relying on aggressive sales, we focused on forming and testing hypotheses about GEO. As we proved the effectiveness of our solutions and strategies, clients began approaching us first.”    Responding to a question about the reliability of AI recommendations, Lee remarked, “Google didn’t become the world’s leading search engine because it delivered 100% factual results.” He continued, “AI recommendation features will also evolve to provide greater value and refinement—and GEO will be part of that process.” He concluded, “Instead of philosophical debates, what truly matters is how well a brand is positioned within AI’s recommendation structures. Companies are already recognizing this value and investing in GEO solutions.”    This lecture provided students interested in marketing, entrepreneurship, content creation, and AI with a structured understanding of how marketing is transforming in the AI era and how to respond strategically. Lee’s insights into structural approaches centered on GEO, learning through failure, and pivoting experiences offered students valuable, practical lessons. He closed by saying, “AI, content, and marketing are not independent domains; they demonstrate true power only when tightly interconnected,” presenting a new direction for marketing in the age of AI.      Meanwhile, the Entrepreneurship Academy Lecture on Demand, hosted by the Startup Research Institute, had previously held successful sessions in September on topics such as “Prompt Design Methods for AI in the World of Design” and “Building a Web App with AI in One Hour.” Those lectures drew high attendance and active participation, reflecting students’ strong enthusiasm to develop skills essential for the AI era. This latest lecture also concluded successfully, and upcoming sessions will feature Art Director Minjung Seo and Wisely CEO Dong-wook Kim. The Startup Research Institute plans to continue hosting high-impact lectures that provide practical knowledge and insights necessary for entrepreneurship, reflecting the needs of both resident startups and students.   

A Leader Driving the Growth of People and Organizations, the Glorious Completion of CHRO Class 1    The graduation ceremony for the 1st Class of the Chief Human Resources Officer (CHRO) Program at Korea University Business School was held on Friday, October 31, at the Cuckoo Seminar Room, located on the 6th floor of the LG-POSCO Hall. The event was attended by the graduates, Dean Eonsoo Kim, Associate Dean Gangseog Ryu, Program Director Kwanghyun Kim, Professors Daesoo Kim and Seung-Weon Yoo, as well as the families of the graduates.    The ceremony began with a video presentation that reflected on the seven-month journey shared by the participants. As they watched, the graduates looked back on their experiences together, sharing smiles and heartfelt emotions while revisiting memorable moments on screen.    In his congratulatory remarks, Dean Eonsoo Kim commended the graduates for their passion and perseverance in completing the seven-month program while balancing both work and study. “The title of ‘first class’ always carries a special meaning — you have pioneered an uncharted path, set new standards, and by completing this challenge, you have already proven yourselves to be true winners,” he said.      Dean Kim went on to note that “Commencement” does not signify an end but rather a new beginning. “I hope today will mark a fresh starting point,” he added, “and that you will continue to build a strong network that supports one another’s growth. Even as the autumn winds deepen, may your passion remain ever bright.”    Next, Program Director Kwanghyun Kim shared his reflections, saying that he felt deeply moved to stand at the graduation ceremony, which had once seemed so far away. “Thank you for courageously taking on this challenge as the very first class,” he said. “Although there were some trials and errors along the way, this journey has been especially meaningful precisely because it was the ‘first.’ Based on your valuable feedback, we will continue to refine the program and offer an even better experience for future cohorts.” He added, “I am proud that we have created new experiences together, such as the graduation trip planned immediately after the ceremony. I hope you will continue to stay connected with future participants and serve as inspiring role models.”    Representing the graduates, Class President Heechan Noh delivered a closing address on behalf of his peers. “On behalf of the 14 members of our class, I express my heartfelt gratitude,” he said. “At the beginning, excitement and apprehension coexisted, but as time went by, our question marks turned into exclamation points. ”Noh went on to say, “The professors’ lectures were not just lessons, but moments of deep insight. From workshops and overseas training to the laughter we shared in our late-evening sessions, every moment has become a precious memory. I will carry the pride of being part of the first class for the rest of my life.”      A surprise appreciation segment prepared by the graduates followed. Class President Heechan Noh presented a plaque of appreciation and a bouquet of flowers to Program Director Kwanghyun Kim, expressing gratitude on behalf of the class. The student council also prepared commemorative gifts—umbrellas and handkerchiefs—symbolizing the role of HR management in protecting and nurturing members of an organization. Treasurer Youngsoo Lee shared a heartfelt message, saying, “Your teachings have deeply resonated with us. Thank you for being a steadfast presence, like a sturdy umbrella.”      Dean Eonsoo Kim and Program Director Kim then presented certificates of completion and plaques to the graduates. Each of the ten graduates was called to the stage individually to receive their certificate and take commemorative photos. Following the group photo, special awards were presented: the Dean’s Award went to Heechan Noh, while Youngsoo Lee received both the Achievement Award and the Top Honors Award, and Sunmi Lee received the Honors Award. After the formal proceedings, the ceremony concluded with the singing of the school song and a final group photo. Participants then joined a celebratory luncheon, reminiscing about their seven-month journey and sharing lasting friendships.  This graduation ceremony marked not the end of a program, but the beginning of a new era of leadership. The Chief Human Resources Officer (CHRO) Program is designed to cultivate top-level executives capable of leading corporate human resource strategies. Beginning with this inaugural class, the program will continue to produce leaders who combine professional expertise with strong leadership in HR and organizational management. Looking ahead, Korea University Business School plans to further strengthen its commitment to developing leaders who drive organizational growth amid a rapidly changing business environment—providing them with practical insights and opportunities to expand their professional networks.      Building on the success of the first class, Korea University Business School will launch the 2nd Chief Human Resources Officer (CHRO) Program, which will run from April to October 2026 for approximately seven months. Applications open on Monday, January 12, 2026, and interested candidates are encouraged to submit their applications within the designated period. Selected participants will take part in a diverse range of activities, including courses on global HR trends and key case studies, workshops, company visits, and overseas training. The program will be led by a distinguished faculty of domestic and international scholars and industry experts.  For further information, please contact the KUBS Executive Education Center (EEC) by phone (02-3290-2707) or email (kubseec@korea.ac.kr).   

Korea University EEC Concludes Successful Healthcare Innovation Study Tour with Russia’s SKOLKOVO    The SKOLKOVO Pharma Management & Innovation Study Tour, hosted by the Executive Education Center (EEC) of Korea University Business School, took place over two days, on Monday, October 27, and Wednesday, October 29. The program was organized for participants from the Moscow School of Management SKOLKOVO — one of Korea University’s partner institutions — to provide insights into Korea’s healthcare industry and its innovations in the pharmaceutical and medical sectors. The delegation comprised 30 executives from SKOLKOVO and the Russian healthcare sector, two faculty members, two interpreters, and two coordinators, totaling 36 participants.      The first session took place on October 27 in Room 209 of Hyundai Motor Hall at Korea University. Associate Dean Gangseog Ryu of Korea University Business School extended a warm welcome to the participants in Russian, which was met with smiles and applause from the audience. All greetings and lectures were conducted in English and interpreted into Russian through both simultaneous and consecutive translation. Most participants wore headsets and listened attentively throughout the program.    Professor Ji-Woong Chung, who served as the academic director of the program, delivered welcoming remarks and introduced the detailed two-day schedule. He expressed his hope that “the time spent with Korea University would be not only academically enriching but also personally meaningful.” The first day comprised lectures and a hospital tour focusing on practical insights, while the second day featured sessions highlighting innovative cases in pharmaceutical and healthcare management.      In the first session, Woojin Lee, an attorney at Kim & Chang specializing in pharmaceutical and medical device law, delivered a lecture on the structure and policy characteristics of Korea’s healthcare system. He noted, “Although the quality of Korea’s healthcare exceeds the OECD average, there are still challenges in mental health management and strengthening essential healthcare coverage.” He went on to outline the roles of key institutions such as the Ministry of Health and Welfare, the National Health Insurance Service, and the Health Insurance Review and Assessment Service, while delving into major issues including the structure of medical expenses, hospital rating systems, the supply of medical personnel, and discussions on introducing telemedicine. Participants listened attentively, taking detailed notes in the provided materials.   The second session featured Hee Hwang, CEO of Kakao Healthcare, who delivered a lecture on “Digital Healthcare Innovation.” Following the session, participants visited Yonsei University Severance Hospital, where Professor Jae-Young Shin presented a special lecture on “Healthcare Innovation and Digital Transformation.” They also toured the Heavy Ion Therapy Center and Digital Data Center, where they observed Korea’s advanced, technology-driven medical infrastructure firsthand and learned about related research and operational systems from hospital staff. Despite language barriers, participants actively asked questions and showed keen interest in Korea’s healthcare innovations.      On October 29, two additional lectures took place at the same venue. Professor In Joon Noh delivered a lecture titled “Managing Quality and Innovation in Pharmaceutical Firms: Research and Practice,” in which he discussed quality management systems, R&D innovation, and strategies for sustainable growth within the global pharmaceutical industry. He was followed by Professor Jaemin Lee, who delivered a lecture on “A Business Model-based Approach to Innovating Healthcare Businesses: Lessons from Success and Failure.”    Professor Lee discussed strategies for fostering innovation in healthcare businesses and introduced cases of AI applications, emphasizing that “a good business model begins not with technology, but with a strong value proposition.” Participants actively engaged in exploring key topics such as barriers to healthcare innovation, examples of AI utilization, and the essential components of effective business models. With the support of simultaneous interpretation, a lively Q&A session followed, during which the professors enriched the discussion through case-based explanations and interactive dialogue.      Following the conclusion of all lectures, participants expressed their gratitude, saying, “Although it was a short program, it offered valuable and in-depth insights into Korea’s healthcare industry,” and thanked the lecturers for their passion and professionalism. They added, “Even though the topics were complex, the instructors made the sessions both accessible and highly informative.”    The day concluded with a closing ceremony, during which participants received certificates of completion and commemorative gifts in a festive atmosphere. Associate Dean Gangseog Ryu personally congratulated each participant, remarking, “Although the program was brief, I hope your experience at Korea University will serve as a foundation for your future career and academic growth.” The ceremony brought the two-day program to a meaningful close, as participants reaffirmed their commitment to contributing as active members of the KUBS global network.      The program went beyond a simple academic exchange, opening a new chapter of collaboration between Korea and Russia in management education and the healthcare industry. Participants from the Moscow School of Management SKOLKOVO shared that they were deeply impressed by Korea University’s educational infrastructure and by experiencing Korea’s innovative medical ecosystem firsthand. Building on the success of this program, the EEC aims to further strengthen its global partnerships and continue expanding its role as a platform for substantive academic and industry collaboration with leading business schools and corporate leaders worldwide.    Meanwhile, Korea University’s Executive Education Center (EEC) continues to organize Study Tour programs that enable executives from overseas universities, corporations, and institutions to learn about Korea’s latest management strategies and innovation practices through on-site experiences. This year, participants from ESADE, OneMBA, Agrocentro S.A., and the BMI Executive Institute successfully completed their programs, and in November, the Chinese University of Hong Kong (CUHK) is scheduled to visit Korea University for the next session.