No time to waste – A collaborative approach to boost South Korea’s competitiveness in global sustainability ecosystem
5 July 2024 — South Korea's conglomerate-driven, top-down economic structure faces challenges in the global shift toward sustainability, necessitating agile and drastic measures to improve environmental impact. To achieve long-term competitiveness, collective efforts are needed from all parties.
Understanding the potential in Saudi Arabia's growing cruise market
13 September 2024 — Saudi Arabia’s cruise sector is booming under Vision 2030, opening lucrative opportunities for global cruise operators, shipbuilders, and cruise passengers across the value chain. Discover what is driving this growth.
Business in Europe for Korean companies: mid-pandemic opportunities
12 October 2020 — COVID-19 is accelerating socio-economic structural changes, supported by policies of European and Korean governments. However, given the magnitude of economic challenges, government actions are not enough.
China sharpens maritime economic statecraft amid US tensions
15 October 2025 — Recent Chinese actions, from sanctioning U.S. subsidiaries of South Korea’s Hanwha Ocean to imposing steep port fees on U.S.-linked vessels, illustrate Beijing’s growing use of targeted economic tools in the maritime domain.
Managing the challenges throughout corporate digital transformation
30 April 2020 — Consolidating Reddal’s observations and learnings on corporate digital transformation subject via 2018-2020, this article discusses the identified challenges and provides suggested actions to maximize the return of digital transformation.
Succession planning in the context of a family business and why you need outside help
13 January 2016 — The subject of family owned business is important globally, and in particular in the Middle East, where it is further exacerbated by the fact that many of these types of businesses are first or second generation family-owned companies.
Optimizing working capital in a downturn for resilience
18 December 2023 — Many companies struggle to free up cash via optimizing their net working capital (NWC). This article outlines a pragmatic process for optimizing NWC, adding practical key considerations. A systematic process is essential to free up cash reserves and shift from passive monitoring to active optimization.
Korean economy and the role of its SMEs
8 March 2024 — For Korean SMEs, expanding domestically and internationally is vital to the country’s economy. To realistically succeed overseas, SMEs need to carefully analyze local markets and seek proper support to surpass cultural and language barriers.