rivals. Samsung execs will put their heads together to come up with measures to beef up the firm’s capacity in emerging sectors, such as artificial intelligence and autonomous driving, according to sources (para 8). Currently, Samsung has productions plant located in India, Pyeongtaek, Gyeonggi Province, United States, China, Vietnam, and Europe among other global locations. Manufacturing everything from semiconductor chips, smartphones, appliances, tablets, television, and other devices. IV. Organizational Culture, Principles & Ethics
C A P S T O N E P A P E R A N D P O W E R P O I N T P R E S E N T A T I O N | 19 Samsung’s organizational culture intertwines within every area of the conglomerate. The corporate culture of Samsung is one that focuses on obtaining the highest degree of technological advancement, innovation and excellence with the use of human resource development approaches. Because of this Samsung decided to make a change within its internal culture. Looking to have the 300,000- person firm operate in the same capacity as a startup. Hence in 2016 according to Reuters, Executives are planning to sign a pledge to pivot the company away from its traditional corporate structure to a more open working environment (para 1). Further, the internal culture shift included, decreasing extraneous meetings, lowering staff level hierarchy, more online internal discussions, minimizing overtime while supporting work-life balance efforts, encouraging employees to pursue professional education opportunities and/or spend weekends with family. Samsung's strategic leadership and management endeavors include deliberation on the wielding of corporate culture to help improve competitive advantages for the organization. The innovative centered organizational culture at Samsung is part of an organizational blueprint that which emphasizes skills, knowledge of employees along with capabilities for advancing the firm's product technology, such as with laptops and smartphones. In this aspect, the culture of the organization and its characteristics uphold Samsung's vision and mission statements. Which emphasize improving societal life with the production of superior products. Therefore, Samsung's corporate culture encompasses the organization’s long-term strategic aims for ensuring its competitive position as a dominant firm within the multinational markets for consumer electronics, semiconductors, and other associated technologies.
C A P S T O N E P A P E R A N D P O W E R P O I N T P R E S E N T A T I O N | 20 To expound, from strategic management and business operations position, the organizational culture of Samsung has its advantages, for instance, the advantage of reinforcing long-term strategic objectives that involve technological transformation, which is an element in the firm's competitiveness end-user electronics, mobile communications markets and semiconductors.
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- Fall '19
- Gary Reinke
- Samsung Electronics, Samsung Group