Guestbook

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Ahead of the full-scale promotion of horse racing innovation in 2015, the Korea Racing Authority completed its regular personnel reshuffle for 478 employees on November 30, alongside an internal organizational restructuring. However, in this personnel reshuffle, only assignments and transfers were announced, and not a single promotion was revealed, leaving people curious.Upon verification, it is known that the Korea Racing Authority has decided to postpone promotion appointments for one year.They intend to make promotions based on an evaluation of the progress of work carried out over the year following the organizational restructuring.This year’s regular personnel appointments at the Korea Racing Authority are analyzed to reflect the racing industry’s sense of crisis and Chairman Hyun Myung-kwan’s determination to drive the Korea Racing Authority’s creative innovation.

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I used to lament the persistent practices of the equestrian world, watching people whose words didn’t add up as they appointed officials who, after causing a self-proclaimed horse industry expert who published a book and took credit, and a mismanagement-related fall that damaged the entire image of the riding club, still managed to change the narrative.However, meeting Chairman Bae Chang-hwan, an elite equestrian athlete who can simultaneously address the problems in the equestrian world and suggest a direction for the equestrian industry, helped me regain my resolve. Chairman Bae Chang-hwan, who has now transformed from a businessman into a man of equestrianism, is regarded as a figure who can promote the development of the entire equestrian community and elevate the stature of our country. Chairman Bae Chang-hwan pours all his passion into his work every day, determined to fulfill his lifelong aspiration for the advancement of equestrian

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It was intended to strive for the technological advancement of Korea’s language industry through nurturing future talent, sharing advanced technology, and continuing education. Like the Western proverb “No hoof, no horse,” he is regarded as a figure who will make a major mark on the development of Korea’s jangje industry.When you meet many sources, there are times when you can tell who is who, but even after seeing their faces, you can’t remember their names. I'm utterly at a loss. I first met Kim Sang-pil, chairman of the Korea-China Horse Industry Exchange Association, at the 2013 Jeju District Equestrian Competition, but there was something about him that personally drew me in. As a side note, because he looked similar to the reporter’s father, and for someone who had served as president of the association, he seemed like a genuinely down-to-earth and humble person with sincere sincerity.

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Kim Sang-pil, chairman of the Korea-China Equine Industry Exchange Association, who left the large corporation he had been running intact for his father’s generation and took over a production farm, is regarded as a centrist figure capable of putting an end to the long-standing dispute between Jeju horses and Hallasan horses. It is also the right person to lead the development of Jeju’s global equestrian tourism and horse industry, as the first horse industry special zone. A benevolent heart is the heart of heaven, and there are many people around him who share his intentions. The Korea-China Horse Industry Exchange Association, with Jeju Provincial Assembly member Ha Min-cheol as honorary chairman, plans to hold its general assembly and inaugural ceremony in Jeju next January.

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Kim Sang-pil, chairman of the Korea-China Equine Industry Exchange Association, who left the large corporation he had been running intact for his father’s generation and took over a production farm, is regarded as a centrist figure capable of putting an end to the long-standing dispute between Jeju horses and Hallasan horses. It is also the right person to lead the development of Jeju’s global equestrian tourism and horse industry, as the first horse industry special zone. A benevolent heart is the heart of heaven, and there are many people around him who share his intentions. The Korea-China Horse Industry Exchange Association, with Jeju Provincial Assembly member Ha Min-cheol as honorary chairman, plans to hold its general assembly and inaugural ceremony in Jeju next January.

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It can be said that the “Horse & People” project officially began after meeting with CEO Noh Seon-hwan.Even amid the nationwide lack of awareness about horse disease prevention and the difficult conditions that require ongoing painstaking research for eco-friendly control, CEO Noh Seon-hwan is a true master, united by his craftsmanship in visiting sites and conducting research.Not long after the “Horse & Man” project began, the person who brought the hottest issue was none other than Kim Byung-chun, head of Goryeobang. CEO Kim Byung-chun, who has spent his entire life driven by a passion for collecting, held multiple nationwide exhibitions of horse tack and saddles this year, marking the Year of the Blue Horse.

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A former national equestrian athlete turned businessman, he made a spectacular comeback to the equestrian world after 30 years, becoming a legend in the equestrian world. A businessman who opened the high-end equestrian luxury brand “Vallios Saddle & Style” in the heart of downtown Seoul and is scheduled to open the Vallios Equestrian Club in Hwaseong, Gyeonggi Province around May next year, is leading various business ventures. At a time when the driving force needed to lead change in Korea’s equestrian world, it was a great fortune to have the opportunity to interview Chairman Bae Chang-hwan, who is like the divine chariot of Achilles in ancient Greco-Roman mythology, Balios.In fact, shameless people still exist who completely change their behavior before and after any article or advertisement covering certain equestrian products or riding clubs.

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The financial authorities announced plans to list high-quality public enterprises starting with the preparation of measures to revitalize the capital market in November.The Financial Services Commission has already prepared a list of public enterprises that can be listed first and has been consulting with relevant ministries, but it is known that there is no possibility of immediate measures being announced at this stage, though continuous discussions are planned to continue in the future.The biggest reason the Financial Services Commission is pushing for the listing of high-quality public enterprises is that the core of the announced capital market revitalization measures was to increase the proportion of stock investments by institutional investors such as pension funds, but given the ultra-low interest rate environment, the stocks available to pension funds are limited, analysts say, making it inevitable to turn to public enterprises in order to implement the revitalization measures.

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A former national equestrian athlete turned businessman, he made a spectacular comeback to the equestrian world after 30 years, becoming a legend in the equestrian world. A businessman who opened the high-end equestrian luxury brand “Vallios Saddle & Style” in the heart of downtown Seoul and is scheduled to open the Vallios Equestrian Club in Hwaseong, Gyeonggi Province around May next year, is leading various business ventures. At a time when the driving force needed to lead change in Korea’s equestrian world, it was a great fortune to have the opportunity to interview Chairman Bae Chang-hwan, who is like the divine chariot of Achilles in ancient Greco-Roman mythology, Balios.In fact, shameless people still exist who completely change their behavior before and after any article or advertisement covering certain equestrian products or riding clubs.

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Kim Sang-pil, chairman of the Korea-China Equine Industry Exchange Association, who left the large corporation he had been running intact for his father’s generation and took over a production farm, is regarded as a centrist figure capable of putting an end to the long-standing dispute between Jeju horses and Hallasan horses. It is also the right person to lead the development of Jeju’s global equestrian tourism and horse industry, as the first horse industry special zone. A benevolent heart is the heart of heaven, and there are many people around him who share his intentions. The Korea-China Horse Industry Exchange Association, with Jeju Provincial Assembly member Ha Min-cheol as honorary chairman, plans to hold its general assembly and inaugural ceremony in Jeju next January.

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Therefore, in this personnel reshuffle, Chairman Hyun Myung-kwan significantly delegated personnel authority to each division head, including the implementation of a draft system, allowing each division to scout talent. The plan is to select the right talent for the right positions in each division to maximize the efficiency of carrying out tasks.As a public enterprise that had long been subject to the Ministry of Agriculture and Forestry and government policies, the Korea Racing Authority is expected to establish a policy support team to address the recent severe deterioration of its image in the horse racing industry, which has led to the excessive imposition of various regulations, and to lay the groundwork for communicating the Korea Racing Authority and the horse racing industry’s position to the National Assembly and government policies.

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During the 12-hour management strategy meeting that day, Chairman Hyun also reaffirmed, together with the executives and employees, the management philosophy he had been consistently emphasizing over the past year since taking office, and shared the management strategy for change and innovation in each division for 2015.At the second-half management strategy meeting, Chairman Hyun Myung-kwan said, “A company without change is bound to be left behind. He reflected, “The past year was a hectic one, racing toward innovation to impress customers, and it was a year in which all employees worked hard and saw hope for the Korea Racing Authority’s second founding.” He added, “There are still many hurdles to overcome, such as the Yongsan issue, innovation in horse racing, communication with stakeholders in the horse industry, personnel and salary reforms, online betting, and revisions to the scope of the Korea Racing Authority Act,” calling for continuous change and innovation from all employees.

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I used to lament the persistent practices of the equestrian world, watching people whose words didn’t add up as they appointed officials who, after causing a self-proclaimed horse industry expert who published a book and took credit, and a mismanagement-related fall that damaged the entire image of the riding club, still managed to change the narrative.However, meeting Chairman Bae Chang-hwan, an elite equestrian athlete who can simultaneously address the problems in the equestrian world and suggest a direction for the equestrian industry, helped me regain my resolve. Chairman Bae Chang-hwan, who has now transformed from a businessman into a man of equestrianism, is regarded as a figure who can promote the development of the entire equestrian community and elevate the stature of our country. Chairman Bae Chang-hwan pours all his passion into his work every day, determined to fulfill his lifelong aspiration for the advancement of equestrian

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I used to lament the persistent practices of the equestrian world, watching people whose words didn’t add up as they appointed officials who, after causing a self-proclaimed horse industry expert who published a book and took credit, and a mismanagement-related fall that damaged the entire image of the riding club, still managed to change the narrative.However, meeting Chairman Bae Chang-hwan, an elite equestrian athlete who can simultaneously address the problems in the equestrian world and suggest a direction for the equestrian industry, helped me regain my resolve. Chairman Bae Chang-hwan, who has now transformed from a businessman into a man of equestrianism, is regarded as a figure who can promote the development of the entire equestrian community and elevate the stature of our country. Chairman Bae Chang-hwan pours all his passion into his work every day, determined to fulfill his lifelong aspiration for the advancement of equestrian

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Kim Sang-pil, chairman of the Korea-China Equine Industry Exchange Association, who left the large corporation he had been running intact for his father’s generation and took over a production farm, is regarded as a centrist figure capable of putting an end to the long-standing dispute between Jeju horses and Hallasan horses. It is also the right person to lead the development of Jeju’s global equestrian tourism and horse industry, as the first horse industry special zone. A benevolent heart is the heart of heaven, and there are many people around him who share his intentions. The Korea-China Horse Industry Exchange Association, with Jeju Provincial Assembly member Ha Min-cheol as honorary chairman, plans to hold its general assembly and inaugural ceremony in Jeju next January.

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The financial authorities announced plans to list high-quality public enterprises starting with the preparation of measures to revitalize the capital market in November.The Financial Services Commission has already prepared a list of public enterprises that can be listed first and has been consulting with relevant ministries, but it is known that there is no possibility of immediate measures being announced at this stage, though continuous discussions are planned to continue in the future.The biggest reason the Financial Services Commission is pushing for the listing of high-quality public enterprises is that the core of the announced capital market revitalization measures was to increase the proportion of stock investments by institutional investors such as pension funds, but given the ultra-low interest rate environment, the stocks available to pension funds are limited, analysts say, making it inevitable to turn to public enterprises in order to implement the revitalization measures.

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Since taking office, Chairman Hyun has had to watch the Korea Racing Authority face harsh criticism from the government and political circles, and he has had no choice but to consider strengthening its international standing, diversifying its revenue structure and business, in order to secure the future of Korea’s horse racing industry. He has set entering Part II in 2016 as the top priority and is currently focusing all of the Authority’s capabilities on that goal.However, on the other hand, voices of concern are also emerging. Through this personnel reshuffle, each division is bound to feel increased pressure to deliver results, and despite the race being a horse race where multiple departments must work together, it is said to be causing unnecessary competition. It is also said that by forming specific lines such as regional and academic ties, it creates a sense of alienation among employees.sports and the growth of the equestrian industry.

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Ahead of the full-scale promotion of horse racing innovation in 2015, the Korea Racing Authority completed its regular personnel reshuffle for 478 employees on November 30, alongside an internal organizational restructuring. However, in this personnel reshuffle, only assignments and transfers were announced, and not a single promotion was revealed, leaving people curious.Upon verification, it is known that the Korea Racing Authority has decided to postpone promotion appointments for one year.They intend to make promotions based on an evaluation of the progress of work carried out over the year following the organizational restructuring.This year’s regular personnel appointments at the Korea Racing Authority are analyzed to reflect the racing industry’s sense of crisis and Chairman Hyun Myung-kwan’s determination to drive the Korea Racing Authority’s creative innovation.

test008

The financial authorities announced plans to list high-quality public enterprises starting with the preparation of measures to revitalize the capital market in November.The Financial Services Commission has already prepared a list of public enterprises that can be listed first and has been consulting with relevant ministries, but it is known that there is no possibility of immediate measures being announced at this stage, though continuous discussions are planned to continue in the future.The biggest reason the Financial Services Commission is pushing for the listing of high-quality public enterprises is that the core of the announced capital market revitalization measures was to increase the proportion of stock investments by institutional investors such as pension funds, but given the ultra-low interest rate environment, the stocks available to pension funds are limited, analysts say, making it inevitable to turn to public enterprises in order to implement the revitalization measures.

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Kim Sang-pil, chairman of the Korea-China Equine Industry Exchange Association, who left the large corporation he had been running intact for his father’s generation and took over a production farm, is regarded as a centrist figure capable of putting an end to the long-standing dispute between Jeju horses and Hallasan horses. It is also the right person to lead the development of Jeju’s global equestrian tourism and horse industry, as the first horse industry special zone. A benevolent heart is the heart of heaven, and there are many people around him who share his intentions. The Korea-China Horse Industry Exchange Association, with Jeju Provincial Assembly member Ha Min-cheol as honorary chairman, plans to hold its general assembly and inaugural ceremony in Jeju next January.

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Meanwhile, regarding the Korea Racing Authority’s listing possibility, the majority of insiders view the likelihood as low. There is a prevailing view that, given the Korea Racing Authority’s monopoly as a major source of tax revenue without government investment, listing it would be practically impossible until it is privatized, due to concerns over the various side effects that could arise from doing so.While most companies’ management strategy meetings are centered around executives, the Korea Racing Authority has, since Chairman Hyun Myung-kwan’s inauguration, opened its management strategy meetings to all employees, inspired by Chairman Hyun’s management philosophy that “all employees must share a philosophy of management.”

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I used to lament the persistent practices of the equestrian world, watching people whose words didn’t add up as they appointed officials who, after causing a self-proclaimed horse industry expert who published a book and took credit, and a mismanagement-related fall that damaged the entire image of the riding club, still managed to change the narrative.However, meeting Chairman Bae Chang-hwan, an elite equestrian athlete who can simultaneously address the problems in the equestrian world and suggest a direction for the equestrian industry, helped me regain my resolve. Chairman Bae Chang-hwan, who has now transformed from a businessman into a man of equestrianism, is regarded as a figure who can promote the development of the entire equestrian community and elevate the stature of our country. Chairman Bae Chang-hwan pours all his passion into his work every day, determined to fulfill his lifelong aspiration for the advancement of equestrian

test008

I used to lament the persistent practices of the equestrian world, watching people whose words didn’t add up as they appointed officials who, after causing a self-proclaimed horse industry expert who published a book and took credit, and a mismanagement-related fall that damaged the entire image of the riding club, still managed to change the narrative.However, meeting Chairman Bae Chang-hwan, an elite equestrian athlete who can simultaneously address the problems in the equestrian world and suggest a direction for the equestrian industry, helped me regain my resolve. Chairman Bae Chang-hwan, who has now transformed from a businessman into a man of equestrianism, is regarded as a figure who can promote the development of the entire equestrian community and elevate the stature of our country. Chairman Bae Chang-hwan pours all his passion into his work every day, determined to fulfill his lifelong aspiration for the advancement of equestrian

test008

A former national equestrian athlete turned businessman, he made a spectacular comeback to the equestrian world after 30 years, becoming a legend in the equestrian world. A businessman who opened the high-end equestrian luxury brand “Vallios Saddle & Style” in the heart of downtown Seoul and is scheduled to open the Vallios Equestrian Club in Hwaseong, Gyeonggi Province around May next year, is leading various business ventures. At a time when the driving force needed to lead change in Korea’s equestrian world, it was a great fortune to have the opportunity to interview Chairman Bae Chang-hwan, who is like the divine chariot of Achilles in ancient Greco-Roman mythology, Balios.In fact, shameless people still exist who completely change their behavior before and after any article or advertisement covering certain equestrian products or riding clubs.

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Kim Dong-su, president of the Korea Horse Hoof Technicians Association, was the person I met most often at the reporting site. Chairman Kim Dong-su, who first met at the 2012 Horse Industry Expo, can be seen at equestrian clubs and at symposium events. That is proof that Chairman Kim Dong-soo works hands-on, going out to the field himself while still in office.In fact, the people who are well aware of the bleak history of the equestrian industry, as well as various corruptions and backdoor dealings, are these jangjesa and horseshoe technicians. But they cannot speak easily. A funeral worker once lamented, “If you say the wrong thing even once, the work is cut off.”For the horseshoe technicians who do the most dangerous work at the very bottom, Chairman Kim Dong-su had long dreamed of establishing a related association, and earlier this year, after receiving government approval to establish a nonprofit corporation, the Korea Horseshoe Technicians Association was officially launched.