About Us
Since the establishment in 2001, KORAMCO has continued to grow. KORAMCO WAY always existed along the way.However, it was not that Koramco Way became what it is today from the beginning. In line with the rapid transition era, KORAMCO has slowly evolved with thoughts and efforts of many people about which way KORAMCO needs to take and which values KORAMCO needs to pursue.This management ideology is KORAMCO Way.
Open communication, future-oriented tendency, prior preparation and confirmation, competition and cooperation, social responsibility(core value) are practiced so that the vision of being a company and a global banking company for which everyone wants to work (vision) is achieved and the company which creates new values for customers based on knowledge and trust (mission) is realized.
Creating new values for customers based on knowledge and trust.
After the financial crisis in 2008, many companies wanted to seel owned real estate to make debt redemption, but could not find buyers. On the other hand, banks with sufficient liquidity could not find proper investment and bought only government bond. Under this situation, in order to resolve the problem of absence of connecting links between the two players, to develop domestic real estate industry and to stabilize the economy, KORAMCO was launched in 2001. Value creation' for customers is the motto and the purpose of existence of KORAMCO. KORAMCO is a human resource based company where people are only assets. The expertise knowledge of employees is the source of competitive edge in KORAMCO. In addition, for customers KORAMCO provides REITs asset management, real estate trust and real estate fund operation service. It is the reason the mission of KORAMCO is based on knowledge and trust.
A company anyone would wish to work for,
A global top-tier alternative investment
company
The company for which everyone wants to work for is the company which provides opportunities to employees realize their own dream.
A lasting company means the company in which everyone feels sense of reward, develops the company by creating profits, and inherits the dreams by handing down the work place to younger generations.
The world's top banking company means the banking company which is loved by customers and societies based on leading technology and capability, and high trust.
There is no circumstance of measuring good or bad value. If the members of a company pursue a common value to realize missions and visions, and if all of the members internalize the values, that is the good core value. KORAMCO has five core values promised for realizing missions and visions.
If every KORAMCO person internalizes these core values and has them as the standard of all thinking and behavior, KORAMCO would become a top-tier company which can withstand any crisis, the company which receives trust and respect from customers.
KORAMCO pursues open society where there is mutual communications between top and bottom. Every KORAMCO person needs to think together in order to disclose many difficulties occuring in the process of work performances and to respond to them timely. In order to move toward productive and developmental way, expressing one's opinion clearly and sufficiently, listening to each other's opinion and having discussions is normal communication pursued by KORAMCO.
KORAMCO pursues the company which is always faithful to the current work and prepares for the future. Every KORAMCO person needs to work on daily tasks and think about tomorrow at the same time. It is important to work hard in order to achieve the short-term goal set in annual project plan, but it is also important to think about long-term development. If being buried in the immediate short-term goal and not thinking about mid to long-term development, a company cannot become the lasting company.
KORAMCO pursues the company which efficiently performs tasks through prior preparation and confirmation. Every KORAMCO person needs to set goals, make detailed prior preparations and implement them boldly. Once the goals are put into practice, progresses are thoroughly confirmed to ensure that goals are achieved without difficulties. In addition, executives need to review work performance status through daily self settlement.
KORAMCO pursues the company which maximizes its capability through competition and cooperation. For become a lasting company, there needs to be sound culture of competition and cooperation within a company. There should be fair and square competition between sectors, teams, and colleagues, if cooperation is needed or synergy effect is expected, there should be close cooperation through teamwork. Through these competition and cooperation, the capability of KORAMCO people and by extension the capability of KORAMCO can be maximized. Competition and cooperation in an organization is not about winning or unilaterally helping. It is a way of living for mutual growth and development for realizing common goals within a community.
KORAMCO pursues a company which practice social responsibility. Companies grow through trust of societies and love of customers. KORAMCO needs to become a company which is grateful to trust of societies and love of customers. A company needs to appreciate trust of societies and love of customers. A company which practice social responsibility is one of the mottos of KORAMCO and KORAMCO people have this KORAMCO foundation spirit.
This is the human resource desired by KORAMCO.
Honesty and frugality are considered the basic virtues people need to have from ancient times. The reason is that only the persons with this virtues can be loved by societies and can accumulate clean wealth.
The work method of following the past cannot create new values and companies cannot grow. In every issue, critical mind is required and creative thinking needs to be induced. In particular, for creating values wanted by customers, thinking about new business models appropriate for customers' needs
KORAMCO people make active efforts in order to set goals autonomously and achieve the goals. We need to take the lead in resolving problems by finding them without waiting for instructions from others. There should be thorough analysis about the realities and courage to overcome any difficulties boldly and rapidly.
The passion is defined as having an active mind set towards works. Passion is the driving force for future creation. The person who work with passion look beautiful, and passion is contagious and surrounding people naturally become passionate.
Customers are the reason we exist. For creating products needed by customers and for providing services needed by customers, endless research and prior preparation are needed. To that end, expertise is required, and the mindset and attitude to serve customers need to be the priority. Service to customers needs to start from the mind to respect customers, and keep the trust with customers.
