Korean Culture Business Training Series
In May 2022, Stellantis and Samsung SDI announced its joint venture StarPlus Energy and plans to invest over $2.5 billion to build a new electric-vehicle battery manufacturing facility in Kokomo. Then in October 2023, StarPlus Energy announced it would invest $3.2 billion for a second battery manufacturing facility. Both plants will be located in the area of land previously secured by the Greater Kokomo Economic Development Alliance as part of its industrial park initiative.
These developments will mean an influx of Korean residents and businesses in the Kokomo community. By familiarizing the community with these new neighbors, the Greater Kokomo Chamber of Commerce hopes to create the most welcoming space possible here in Kokomo. To that end, the Chamber presented a series of special events in 2023 aimed at helping the business community prepare for interactions and opportunities surrounding the new plants and workers.
In March, the Chamber presented “Intercultural Understanding and Communication: South Korean Corporate Culture in the 21st Century.” Speaking at the event sponsored by Security Federal Savings Bank was Seung-kyung Kim, director of the Institute of Korean Studies at IU Bloomington. You can watch Kim’s presentation here. You can also view the slides of her presentation here.
The Chamber then presented its Korean Culture Business Training Series. Made possible by the generous support of the Community Foundation of Howard County, the series was led by Sooyeon “Soo” Shin of Moyars Consulting. Born and raised in South Korea, she currently lives in West Lafayette where she serves as an Executive Director of the International Center of West Lafayette.
The following topics were explored during the Korean Culture Business Training Series:
Business Etiquette: This session taught the basics of business interaction, introductions and name clarifications, hand-shaking and bowing, business card exchanges and gift giving.
