Paradox of Samsungs Rise free essay sample

The Paradox of Samsungs Rise, examines the strategic management decisions that ed to Samsungs emergence as one of the worlds most successful companies from an ordinary original equipment manufacturer Just 30 years ago. Samsung Electronics transformed itself through a new management initiative in 1993 that combined Western best-practices with essentially Japanese management methods to produce a highly profitable hybrid system, resulting in recording breaking profits of Sl billion on $138 billion in revenue in 2010. As todays emerging giants face the challenge of moving beyond their home markets, they have much to learn from the path breaking xperience of South Koreas Samsung Group, arguably the most successful globalizer of the previous generation. Abstract: Twenty years ago, few people would have predicted that Samsung could transform itself from a low-cost original equipment manufacturer to a world leader in RD, marketing, and design, with a brand more valuable than Pepsi, Nike, or American Express. We will write a custom essay sample on Paradox of Samsungs Rise or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Fewer still would have predicted the success of the path it has taken. For two decades now, Samsung has been grafting western business pracuces onto Its essentlally Japanese system, comDlnlng Its traaltlonal low-cost manuTacturlng rowess with an ability to bring high-quality, high-margin branded products swiftly to market. Like Samsung, todays emerging giants†Haier in China, Infosys in India, and in Turkey, for instance†face a paradox: their continued success requires turning away from what made them successful. The tightly integrated business systems that have worked in their home markets are unlikely to secure their future in global markets. Samsung has steadily navigated this paradox to transcend its initial success in its home markets and move onto the world stage. To move to the next evel, they, too, must reinvent themselves in ways that may seem contradictory. And when they reach new plateaus, they will need to do so again. For seven years, we have traced Samsungs progress as it has steadily navigated this paradox to transcend its initial success in its home markets and move onto the world stage. It is a story we believe holds many important lessons for the current generation of emerging giants seeking to do the same. The Rise of a World Leader: The two sets of business practices could not have seemed more incompatible. Into an organization focused on continuous process improvement, Samsung introduced a ocus on innovation. Into a homogeneous workforce, Samsung introduced outsiders who could not speak the language and were unfamiliar with the companys culture. Into a Confucian tradition of reverence for elders, Samsung introduced merit pay and promotion, putting some young people in positions of authority over their elders. It has been a path marked by both disorienting disequilibrium and intense exhilaration. Founded in 1938, the Samsung Group is the largest corporate entity in South Korea, with $227. 3 billion in revenue in 2010 and 31 5,000 employees worldwide. Best known or its flagship, Samsung Electronics (SEC)†producer of semiconductors, cell phones, TVs, and LCD panels†the groups highly diversified businesses span a wide range of industries, including financial services, information technology services, machinery, shipbuilding, and chemicals. By 1987, when Lee Kun-Hee succeeded his father as only the second chairman in the companys history, Samsung was the leader in Korea in most of its markets. But its overseas position as a low-cost producer was becoming untenable in the face of intensifying competition from Japanese electronics makers, which were setting up anufacturing plants in Southeast Asia, and rising domestic wages in South Koreas newly liberalizing economy. In the early 1990s, Lee spotted an opportunity in the reluctance of Japanese companies†the analog market leaders†to adopt digital technology, which consumers were flocking to in cameras, audio equipment, and other electronic products. This opened the door for Samsung to surpass its rivals if it developed the aglllty, Innovativeness, ana creat lvlty Success Mantra: Hybrid strategy- Mix and Match of Japanese strategy and Western Strategy. to succ In tne new Olglta I market. Implementation of western strategy on Japanese strategy.

Sample Essay on Part-Time Education

Sample Essay on Part-Time EducationWriting a sample essay on part-time education is not as hard as you think. You may be wondering why your students are so confused about what is the right type of essay that will not only help them in passing but also aid their personal and professional development as well.It's true that part-time education is meant to aid in the learning process, but there is still a lot of question that remains unanswered. And as students still do not feel confident to provide answers, you cannot make up your mind which topic to write about. Before you get too stressed, it is best to know the basic types of essays that you can write on. Read on to find out the types of essay you can write on the subject.One of the most popular topics that many students tend to write about is leadership. This essay is ideal for those who want to further their knowledge in organizational skills and leadership skills. You can also write about lessons that you learned from going to sch ool. But the key point is to make sure that you not only research about the subject, but also learn the lessons through your experiences.For people who want to get into part-time education in general, research plays a vital role. Do not just run out and pick the first topic that comes up. Just as the case is with other courses and subjects, part-time education has its own way of teaching you. You have to learn the basics of the subject that you are going to teach.Knowledge and information can also be used as the basis for writing an essay on part-time education. You have to come up with facts and data based on the subject that you are writing about. This essay can also take into account the ways in which these facts and data can help you in learning new things. It can also help you understand how students in different schools tend to react to certain situations or lessons.Writing a sample essay on part-time education also involves the use of vocabulary. You have to pick a topic and a lesson to write about based on the ideas you can gain from the usage of words. You have to consider how the words and names in the lesson might help you, especially if you are writing for a classroom. But when you are writing for a university or college, you have to look at the word use in a different way.The most important part of the essay is the argumentation. You have to be creative and inventive enough to persuade your readers to learn something new or get enlightened about a subject or idea. Just remember that your argument should also be logical and convincing, just like the subject itself.As always, whatever type of essay you write is based on personal aspects and needs. You have to put yourself in the shoes of your readers and find out what exactly they need to know and hear. Although all parts of an essay are based on personal development, the essay is actually based on the nature of a person, which means that you should not overlook one aspect just because it seems mino r.

20 Ways to Spend a College New Years Eve

20 Ways to Spend a College New Years Eve New Years Eve in college can be fun and exciting as well as challenging, as many students are away from campus and their usual college friends. Theres no need to let your college New Years Eve go to waste, however. Check out these ideas for keeping things fresh, fun, and funky. 20 Ways to Spend Your College New Years Eve Hang out at home with your high school/hometown friends. If youre spending the winter break home with your parents, head out with your friends. You can reminisce about years past and celebrate your enduring friendships.Head to Vegas. Because really, what happens in Vegas stays in Vegas. There are some great deals to be had and great parties to attend, not to mention the 24-hour gambling.Head to New York City. Never seen the official ball drop in Times Square? Grab some friends and head to NYC for an everyone-should-see-it-at-least-once experience.Go camping. If you need a break from the chaos of your everyday life, head out into the wilderness. You can ring in the new year beneath a blanket of stars.Plan a romantic dinner with your significant other. You can go out or cook something together at home. Add two candles and as a bonus, have someone to smooch as the new year arrives.Head to a fun club with a crazy band youve never heard of. Step outside of your comfort zone, grab some fri ends and do something funky. Do something back at school. The residence halls may be closed, but many students are still living in their Greek houses or in off-campus apartments. Plan something away from campus that still allows you to celebrate with your college friends.Line up and camp out for a football game. Head to a bowl game where you can camp out the night before with other fans. When else will you be able to do so, except for during your college years?Volunteer. Look for something in your community. Go on an outdoor trip and work on trail maintenance. Head to another country. There are plenty of volunteering options that will take you into the year with good will.Head out somewhere fun with your high school and your college friends. Why not blend the best of both worlds?Go somewhere swanky. Think much, much fancier than youre used to. Head somewhere swanky and opt for an evening of elegance.Host a costume or theme party. And do so with style, too. How about the 1920s, anyone?Rent a cabin in the woods. I t can be with your high school friends, your college friends, your significant other or everyone. Hang out at a ski resort. If you ski, you can hit the slopes. And if you dont, you can curl up with hot chocolate and enjoy the scenery. Whats not to like?Go backpacking or hiking. Head out for a midnight hike (with at least one other person, of course) to ring in the new year in a unique and exhilarating way.Go on a skydiving or bungee-jumping trip. Some places offer multi-day excursions. Make your new year one to remember!Spend time with your family. The longer youre away at school, the less time you have to spend with your family. Take a break from the college scene and enjoy the evening with your family instead.Spend the evening writing or journaling. Some folks reflect and process things best when they write things out. Take the night to yourself and write to your hearts content.Host a creative New Years Eve party. Set up supplies (or have your guests bring their own) and create an atmosphere of creative energy for people to paint, sculpt, write music, or create other works of a rt. Spend a quiet night in and get some sleep! Catch up on two of the most sacred resources for many college students: time and sleep. Celebrate your year by indulging in both.