MIT Sloan Japan Korea Trip
 
Minutes of Kick-off Meeting
 

The Japan/Korea Trip kick-off meeting was held on October 14, 1997 at noon in E51-325. During the meeting, the following issues were discussed:

The Organizing Team
The following members of the organizing team introduced themselves to the attendees:

    Naoki Shimada ‘98, Hajime Higuchi ‘98, Tohru Ohtsuka ‘98,
    Hiroyuki Kawamura ‘98, Jacy Jeong ’98, C. D. Liang ‘98 

Trip in 1997
Information on the last trip was presented to provide a benchmark on how the trip will be organized. The Spring-1997 trip consisted of 38 students and 1 faculty member, traveled from March 18 to March 30, and spent 4 nights in Tokyo, 2 nights in Osaka, and 4 nights in Seoul. The demographics of the trip is summarized in Appendix 1. Companies and places visited by the trip are listed in Appendix 2.

Two members of the trip, Benjamin Mok and Elizabeth Yu, shared their trip experience with the attendees, and both agreed that it was a great trip. However, Ben and Elizabeth thought it is important to minimize transit time in airports, and that visiting government houses in Korea can be avoided.

Plan for the 1998 Trip
The up-coming trip will be organized with the following principles in mind:

Some targets of the trip are: Naoki pointed out that cost-per-student depends on (1) the outcome of our fund-raising efforts, and (2) the number of trip members. While some companies will donate cash, a few other will provide food and lodging during our stay.

Organizing Tasks
Since this is a trip organized entirely by students, the quality of the trip depends heavily on the efforts spent on preparing for the trip. Based on his experience with the China Trip, C. D. presented the following list of tasks to be carried out in preparation of the trip:

Planning Ahead … The meeting was adjourned at 1:00 p.m.
 
 
 
 
Appendix 1 - Demographics of Japan/Korea Trip ’97
  Class of ’97 - 74% 
Class of ’98 - 26%  

Central and South Americans - 32% 
North Americans - 29% 
Europeans - 21% 
Asians - 18% 

 
 
 
 
  
Appendix 2 – Sites Visited by Japan/Korea Trip ‘97
 
  
Japan

Companies and Government Offices: 

  • MITI
  • Industrial Bank of Japan
  • Softbank
  • CICOM International
Sightseeing: 
  • Tokyo – Roppongi pub crawl, Akihabara
  • Osaka – Kanku, Minami
  • Kyoto – Japanese temples and gardens
  
Korea
  • Bank of Korea
  • Samsung Electronics
  • Samsung Advanced Institute of Technology
  • Samsung Global Management Institute
  • Doosan Group, OB Brewery
  

Sightseeing in Seoul

 


 
  Appendix 3 – Visiting Plan for Japan/Korea Trip ‘98
 
  
Japan

Companies and Government Offices: 

  • Government (MITI, BOJ)
  • Automobile (Toyota, Honda)
  • High-Tech (Sony, NEC, Toshiba)
  • Steel (Nippon Steel, NKK)
  • Software (Nintendo, Sega, Softbank)
  • Successful foreign companies
Sightseeing: 
  • Tokyo – Roppongi, Imperial Palace, Disneyland
  • Osaka – Osaka Castle
  • Kyoto – Temples, shrines and gardens
  • Sushi bar, Karaoke
  • Sponsored dinners, parties, pub crawl
  • Kabuki performance
  
Korea
  • Automobile (Hyundai)
  • Heavy Industry (Hyundai, Daewoo)
  • Steel (POSCO)
  • Electronics (LG)
  • Semiconductor (Samsung)
  • Financial Institute (Citibank Korea)
  

Sightseeing: 

  • Seoul – Palaces, Nori-madang, Olympic Stadium
  • Kyungju – Temples, cultural sites
  • Han River Night boat cruise
  • Sponsored dinners, parties, pub crawl
  • Itaewon shopping
 
 
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