Abstract

Executive Overview “An ordinary person who enjoys what he/she is doing is much more productive than a genius who dislikes what he/she is doing.” Sang-Chul Lee, Minister of Korea's Ministry of Information and Communication, believes enjoying one's work is more important than the person's skills. In a press conference after his inauguration as minister, he stated that Korea is now no longer just an advanced IT country but a global IT leader. He believes that strengthening the international competitiveness of the Korean IT industry is the foremost task of his ministry. From 2000 to 2001, Sang-Chul Lee was the chief executive officer of KT (Korea Telecom) and previously served as the first CEO of Korea Telecom Freetel, known as KTF, a mobile communication firm. As CEO of KT, he transformed KT from a “dinosaur” public utility firm into a private enterprise by selling off the government share of KT stock in spring 2002. Mr. Lee is an expert in the information/telecommunication area who graduated with a B.S. fro...

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