Loosening Their Ties

The Economist: Business, The Economist
Thu, 11/26/2015 - 9:03am

MEETINGS to last no more than 30 minutes; junior staff allowed to speak freely with superiors; a cut in bonuses for bosses whose teams do not take enough holidays. Since 2012 “Pride”, a handbook, has set a new tone for the internal culture of Hyundai Capital. Departments whose staff work latest into the evening are listed on the firm’s intranet: not to hold them up as models of hard work, but to tell them off for not working efficiently enough. It is a striking departure from the norm for the consumer-finance arm of one of South Korea’s most culturally conservative chaebol, the country’s giant family-owned conglomerates.

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Topics:  pride    hyundai   capital   south korea s   japanese   japan s   korean confucianist   chaebol   working   staff   work   
BING NEWS:
  • Loosening fiscal squeeze could derail IMF programme commitments: Economist
    “A premature fiscal loosening will unsettle Sri Lanka’s creditors, as will any attempts to push down the timeline to achieve benchmark targets on fiscal ratios,” said Dr. Weerakoon in an ...
    04/23/2024 - 7:20 pm | View Link
  • Loosening fiscal squeeze could derail IMF programme commitments: Economist
    A top economist yesterday raised concerns over the “loosening of fiscal squeeze” by authorities to stimulate economic growth. Since doing so could lead to potential risks of jeopardising Sri Lanka’s ...
    04/23/2024 - 9:36 am | View Link
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    04/22/2024 - 11:13 pm | View Link
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    04/22/2024 - 7:31 am | View Link
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BING SEARCH:
  • LOOSENING | English meaning
    LOOSENING definition: 1. present participle of loosen 2. to (cause to) become loose: 3. to make something such as your…. Learn more.
    04/24/2024 - 1:08 pm | View Website
  • loosen verb
    verb. /ˈluːsn/ Verb Forms. Idioms Phrasal Verbs. [transitive, intransitive] loosen (something) to make something less tight or strongly fixed; to become less tight or strongly fixed synonym slacken. First loosen the nuts, then take off the wheel. The rope holding the boat loosened. Join us.
    04/24/2024 - 7:39 am | View Website
  • LOOSENING Synonyms: 95 Similar and Opposite Words | Merriam ...
    Synonyms for LOOSENING: relaxing, easing, detaching, slackening, slacking, undoing, unfastening, untying; Antonyms of LOOSENING: tightening, stretching, straining, binding, attaching, tying, fastening, tensing.
    04/23/2024 - 12:55 pm | View Website
  • Loosen Definition & Meaning
    1. : to release from restraint. 2. : to make looser. loosened his tie. loosen a screw. 3. : to relieve (the bowels) of constipation. 4. : to cause or permit to become less strict often used with up. loosened the rules. intransitive verb. : to become loose or looser. Synonyms. ease. relax. slack.
    04/23/2024 - 11:22 am | View Website
  • LOOSEN Definition & Meaning | Dictionary.com
    verb (used with object) to unfasten or undo, as a bond or fetter. to make less tight; slacken or relax: to loosen one's grasp. to make less firmly fixed in place: to loosen a tooth. to let loose or set free from bonds, restraint, or constraint. to make less close or compact in structure or arrangement. to make less dense or coherent:
    04/20/2024 - 7:15 am | View Website
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