'Low growth', 'demographic cliff' and 'consumption decrease': these are the keywords suffocating retailers and manufacturers these days. As the Korean economy enters the era of low growth, companies are increasingly concerned about driving sustained growth beyond survival. Heui Seok Kang, a partner with Bain & Company Korea, advises that, "we need to invest in digital — a growing channel — and make the utmost efforts to save costs for sustained profitability."

(Full article only available in Korean)