Introduction
Syndicate Consulting has been working with Samsung Electronics Mobile Phone Division in develop a strategic agenda and a plan for its stiff and rapid implementation.
The objective of this project is to implement a series of strategic options to achieve Samsungs vision in the next 5 years, considering the current industry and economic conditions, projected market trends, and the genius of Samsungs strengths and weaknesses. The scope of this study will cover Asia Pacific.
Background
Samsung Electronics was a financially crippled giant 6 years ago. It was synonymous with low-cost me too TVs and microwaves. From 1997, chthonian the leadership of CEO Yun Jong Yong, its debt shrunk from $10.8bn to $1.4bn (Source: Tech secret plan research); 24000 employees were retrenched; and $2bn non-core business was sold.
The vision of Samsung Electronics is:
At Samsung Electronics, our vision is to be the to the highest degree valued of brands, to be the shaper of trends, and to ultimately dominate digital Home. Our mission is to lead the trend in innovation and be there to address the market before anyone else.
In the face of debauched market conditions and changing trends, there is an urgency to reassess Samsungs pen and strategy in terms of strategic rethink, restructuring and repositioning of Samsungs Mobile remember business.
Our Approach
We select the following approach in our study.
There are 5 phases to our approach, and under each phase, key activities are outlined. We will elaborate on each key activity in the sections that follow.
Market Assessment
1.2Market Trends
Worldwide industrious phone sales totaled nearly 399.6 million units in 2001, a decline of 3.2 percent from 2000 sales. Worldwide mobile phone sales between 1996 and 2000 experienced a compound yearly growth rate of close to 60 percent, but in 2001, for the first time in its history, the...
-Introduction is weak.
-Seems more descriptive earlier than analytic
-But some parts of the case seem to be hygienic written.
Overall, average.
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