Caryn Ng Kar Yan
B1102572
Keah Mei Sian
B1102580
Nur Fathiha Bte Johan Ariffin
B1100381
Mohd Roshan bin Mohd Yusop
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Sarkunarajah S
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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 …show more content…
Though challenges will be there in integrating new employees and employees from diverse culture, Samsung is taking the right initiatives to address these gaps. In summary, Samsung is well positioned to address its internal weakness, and continue to be a strong organization.
EXTERNAL FACTOR EVALUATION FOR SAMSUNG | No | Opportunities | Weight | Rating | Weighted
Score | 1 | One of the strongest economy in the world. Ranked 15th globally in 2010 | 0.15 | 2 | 0.3 | 2 | Strong South Korean government initiative in tapping into its human resource capability | 0.2 | 3 | 0.6 | 3 | Improved relationship between South Korea and China in recent years, helps Samsung to break into the Chinese market. | 0.1 | 2 | 0.2 | 4 | South Korean culture of hard work and speed. | 0.2 | 4 | 0.8 |
No | Threats | Weight | Rating | Weighted
Score | 1 | South Korean culture of high power distance. All relationships are unequal. | 0.05 | 3 | 0.15 | 2 | Slim profit margin, in a globally competitive environment. | 0.1 | 3 | 0.3 | 3 | South Koreans are collectivist. Focuses on collective sharing of resources. | 0.05 | 2 | 0.1 | 4 | South Koreans’ avoid conflicts, and masked their feeling. Results in lack of open communication. | 0.15 | 2 | 0.3 | | | 1 | | |
2.75 |
Weighted score from External factor Evaluation show slightly