LG Display operates on a coordinated operating model, allowing for a balance between centralized strategic direction and decentralized decision-making within its business divisions. The company has a central group responsible for establishing overall strategy and orientation. However, LG Display also grants significant autonomy to its various business divisions, enabling them to make decisions tailored to their specific customers and market conditions.
This coordinated approach is well-suited to LG Display's diverse range of products and offerings, as well as its presence in various markets. It allows the company to respond effectively to customer needs and market dynamics while ensuring consistency in its overarching direction and objectives.