Samsung Group

Samsung is one of the top leaders in the world when it comes to current technology and creating future electronics. To become a world leader a strong management team has been put in place and a very aggressive marketing strategy has been used. Samsung has made enormous strides in taking market share in the smartphone market from Apple inc. With legal battles and consistently changing markets will Samsung be able to maintain this growth? Management The head management structure within Samsung starts with Dr. Oh-Hyun Kwon who is the Chief Executive Officer of Samsung Electronics Co. Dr. Oh-Hyun Kwon not only oversees the entire company as CEO but he also continues in his position as the Vice Chairman to lead the Device Solutions Divisions. Dr. Kwon was appointed his position through an independent board of directors, which governs over the Samsung Company. The main job of the board of directors is ensuring the proper people in the executive positions are making sure the company will be ran properly as they serve in the interest of stakeholders within the company. They also have a North American executive team within Samsung; the two heads of this chain would delegate anything that happens within all of North America. The top two executives for this are Yangkyu (Y.K.) Kim who is the President and CEO of Samsung Electronics within North America, and Haktae (H.T) Kim who is the president and CEO of Samsung Electronics within Canada.

Samsung’s has set the company through the year 2020, the vision is projected throughout the whole company from the executive team, which is to “Inspire the world, create the future.” They believe in using the companies’ three key strengths of new technology, innovative products, and creative solutions. The diagram below just shows the three key strengths Samsung believes they have as a company. Samsung plans to integrate their vision throughout the company, its employees, industry partners, and the industry itself.

Samsung