His most renowned accomplishment includes founding of POSCO and growing it into one of the world's largest and most successful steel companies during his multi-decade tenure as chairman and CEO.
During his cadet years, he formed a teacher-student relationship with Captain Park Chung Hee, who was then the commander of the 1st company and an instructor in ballistics.
After being commissioned as a lieutenant, he experienced the Korean War firsthand, dedicating his youth to defending the country with his exceptional leadership skills.
Following the military coup on May 16, 1961, Park Tae-joon was selected by Park Chung Hee, the chairman of the Supreme Council for National Reconstruction, to serve as his chief secretary and later began working as the highest-ranking official in charge of industry and commerce.
[6] He and other Korean military officers completed a bachelor's degree in a four-year standard university as required by the government.
He did not take part in May 16 coup, but entrusted his family in case of failing Park Chung Hee.
After the coup, he became a member of commerce[trade] and industry in Nation re-building supreme council and had a part in the first five-year Korea economic development plan.
[8] In 1980, Park entered the political world because of the possibility of being appointed as the first member of the Nation Preservation Legislation Council.
Park's honorary president rejected the position of election task force from Kim Young-Sam's Democratic Liberal Party.
In 1997, he successfully came back and was elected as a member of the National Assembly in Buk-gu Pohang by blaming President Kim for the economic failure.
According to Japan's Mitsubishi Research Institute, POSCO was able to succeed as a leader in promoting venture leadership and insight.
Chairman Park Taejoon has demonstrated sufficient commitment to the creation of Harvard Business School and Seoul National University.
In addition, in a Stanford Business School study released a report that called the "outstanding leadership of President TJ Park" critical to the development of South Korea.
The project helped support education expenses of POSCO employees, helped students get doctoral degrees overseas, fund schools ranging from elementary to high schools, and then established the POSCO TJ Park Prize in 2007.
[4][15] In 2011, Park was inducted into the inaugural class of the American Metal Market Steel Hall of Fame for his role in turning South Korea into an industrialized nation.
In September, Park Chung Hee assigned him as a chief member of commerce and industry division on nation reconstruction council.
[21] After graduation, she studied art history and drawing in the United States with Koh Seung-duk (고승덕).
When Tae-jun Part died in 2011, Koh Seung-duk (고승덕) visited the Yonsei University Severance Hospital to condole the late Park Tae-joon.
At that time, he said about the deceased, “He really was a great person, concerned about only big things of the nation” and he also said “Seriously, he is a tycoon of the times in Korea” Park Taejoon liked people and usually got along with ex-president Chun Doohwan, ex-president Roh Moo-hyun, and prime minister Kim Jong-pil.
He outlived his parents Park Bong Gwan and Kim So Soon, and was survived by his spouse Jang Ok Ja, their children, and grandchildren.