The Practical Board of Directors of the Small and Medium Business Cooperative announced on the 31st that it held the '2024 Small and Medium Business Cooperative Practical Board of Directors Autumn Seminar.'
The Practical Board of Directors was organized in 1963 with the purpose of revitalizing cooperatives and exploring development directions through information exchange among executive directors of small and medium business cooperatives.
Scenes from the 2024 Small and Medium Business Cooperative Practical Board Autumn Seminar. (Photo by Korea Federation of SMEs)
At this autumn seminar, more than 70 executive directors participated to share information by industry and various opinions to overcome the increasingly difficult management environment for small and medium businesses and cooperatives.
This seminar was the first event held after the newly formed executive team, including Jang Seok-young, the newly appointed chairman of the Korea Concrete Industry Cooperative Federation, and it provided a meaningful opportunity to unite opinions on the future direction and role that the Small and Medium Business Cooperative Practical Board of Directors should take.
Additionally, to understand trends in response to new environmental changes in cooperatives, Dr. Kwon Jung-yoon from Trend Korea was invited to give a special lecture on the topic of ‘Consumer Trends and Implications in Korea.’
Jang Seok-young, chairman of the Practical Board of Directors, emphasized, “It is time for cooperatives to actively embrace change and challenges in line with environmental and trend changes,” and added, “Executive directors of cooperatives must play a leading role.”
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