Maintaining the “Single Samsung” Spirit: New Challenges in a Changing Environment
Caryn Ng Kar Yan B1102572
Keah Mei Sian B1102580
Nur Fathiha Bte Johan Ariffin B1100381
Mohd Roshan bin Mohd Yusop B0101223
Sarkunarajah S B1001971
Wan Arjunaidi Bin Awang @ Wan Abdul Halim E0300073
Abstract Samsung portrayed a very interesting and impressive success story in every aspect of development. Although they were hit hard by financial crisis in 2009, Samsung survived the ordeal with their impressive financial performance. The astonishing part of their achievement is mostly guided by internal management capability, positive aligned culture and belief system that empowering human capital is the foundation in building and In summary, Samsung will have to place more effort in bridging the corporate culture that it is trying to develop with the national culture.
3. Discuss possible solutions to foster and maintain an aligned culture Having an aligned culture is crucial in an organization. Taking into consideration of diverse culture plays an important role in shaping individual personality, physically and psychologically: employee morale, commitment, productivity, physical health, and emotional well being. To have a positive aligned culture we belief that it must be initiated from top down. For those who are currently in high management level should commit into organization culture before requesting the low management employees to make the commitment (Cameron & Quinn, 2011). Samsung ability to create a diverse and creative culture is astonishing; 1. Samsung philosophy – built a culture where employees felt pride and has sense of accomplishment in contributing to the well being of society. 2. Samsung innovation- developed a culture of “sharing is caring” concept. Where knowledge, ideas and technology is shared and transferred through aggressive recruiting and networking. 3. Samsung cooperation among various functions – Most apparent in its strategic decision to couple technology and management by enforcing positive interactions between technology and management. The result was fast, dynamic, flexible and performance oriented
Samsung profits get smartphone boost Last updated 6 hours ago Samsung Electronics has posted a record quarterly profit, boosted mainly by growing sales of its smartphones. It made a net profit of 7.15tn won ($6.4bn; £4.2bn) during the period, up from 5.05tn won a year ago. Profits also rose from the previous quarter. The Korean firm's results are in sharp contrast with rival Apple, which this week reported a drop in quarterly profits for the first time in a decade. Samsung displaced…
Maintaining the “Single Samsung” Spirit: New Challenges in a Changing Environment Caryn Ng Kar Yan B1102572 Keah Mei Sian B1102580 Nur Fathiha Bte Johan Ariffin B1100381 Mohd Roshan bin Mohd Yusop B0101223 Sarkunarajah S B1001971 Wan Arjunaidi Bin Awang @ Wan Abdul Halim E0300073 Abstract Samsung portrayed a very interesting and impressive success story in every aspect of development. Although they were hit hard by financial crisis in 2009, Samsung survived the ordeal with…
countries where sweatshops are prevalent like India, wages are extremely low and unfair (Arnold 20016). Samsung a multinational electronic and telecommunication company pay employees according to their ability portrayed through work accomplished ( Samsung Techwin 2015). During each year employee performance is monitored and evaluated, each individuals abilities are fairly depicted through their wage (Samsung Techwin 2014). It is said that companies that implement a performance base pay profit more as it…
Name: Qijue Wang ID: 43717873 or s4371787 Summary---case study part As the world’s most valuable brand based on Interbrand’s best global brand study of 2011, Coca-Cola is the one of the best case study in terms of creating value. To start with a data shows the annual net sales of Coca-Cola in 2004 were flat, even though the company did a series of reorganizations, Coca-Cola had failed to spur growth. When the company got into terrible trouble, Neville Isbell had had to get back to…
Samsung Group Case – Intro Samsung is an amazing corporate study. In just over the span of one generation, the company went from selling agricultural products to being on the forefront of global technological advances as it relates to consumer electronic products. This transformation was achieved from multiple tipping points which shaped the next level of expansion. A key transition point was the acquisition of a semiconductor business launching the company on its current technological trajectory…
CASE STUDY SAMSUNG ELECTRONICS CO TABLE OF CONTENTS 1.1 Acknowledgment 1.2 Introduction 1.3 SWOT Analysis 1.4 Segmentation strategy 1.5 Market Targeting 1.6 Positioning Strategy 1.7 Product strategy 1.8 Price strategy 1.9 Value chain strategy 1.10 Promotion strategy 1.11 Financial status 1.12 Recommendation to management 1.13 Attachments of Samsung Products ACKNOWLEDGEMENT Above all i would like to thank “ALMIGHTY ALLAH” whose guidance let me courageous at every moment. I believe that he is the…
BUSINESS ETHICS AND CSR IN THE CONTEXT OF SAMSUNG ELECTRONICS 1.0 Introduction In the 21st century of business, there are number of factors apart from the financial figures that play a vital role for the success story of the business corporations. These factors include the culture adopted by the business, philosophy of the management of the company, code of ethics and standards followed by business. The presence of all of these factors in the business’s ethical guidelines has a significant…
Project 1 Case Study Recording Artist Jay Z and Electronic Giant Samsung Team Up to Increase Sales and Enhance Brand Awareness During the 2013 NBA Finals Miami Heat vs. San Antonio Spurs game 5, Samsung ran a commercial announcing that they would be releasing recording artist, Jay Z’s 12th studio album, Magna Carter Holy Grail, 3 days before its scheduled drop date of July 4th, exclusively to Samsung users only via a mobile app for Samsung Galaxy smartphones. http://www…
future sustainability of Samsung in the emerging competitive environment. In this research proposal firstly the introduction will be given for the context of future sustainability and emerging market of competition. The major aim and objectives along with the questions for research regarding the main subject will be described in this proposal. Furthermore the topics which of the main topic will be covered in the literature review which is regarding sustainability of Samsung and emerging competition…
Business Functions Case Study Analysis What is a business case study? • Is a written record of the events that occurred in a particular organisation or within a particular industry during a specific time period. • It highlights the main internal and external factors that explain an organisation’s success or failure. • It allows insight into how theoretical management models really work (or don’t). What information is in a case study? The details included in a case study may include, but are…