Samsung electronics is the world’s largest technology company in terms of revenues. It is a global market leader in high-tech electronic manufacturing and digital media. Samsung is the largest mobile phone maker and television manufacturer and second largest semiconductor chip producer. The company is headquartered in Seoul, South Korea, and currently employs approximately a quarter-million people worldwide (Samsung, 2014). Samsung Telecommunication is one of the five divisions that make up the Samsung group. These divisions consist of the Telecommunication Systems, Computer, MP3 Business Team, Mobile Solutions, and Telecommunication Research and Development Center (Samsung, 2014).
In 2007, Samsung Telecommunication Business reported over 40% growth and became the second largest mobile device manufacturer in the world (Ziegler, 2013). By November 2011, Samsung had reportedly sold more than 300 million mobile devices, only beaten out in the market by Nokia with an estimated 300.6 million mobile devices sold. Currently, Samsung is the largest manufacturer of devices running the Google android platform with more than 46% of the market share.
According to the textbook provided for this course, organizational structure refers to how jobs are arranged in an organization or business (Robbins & Coulter, 2012). Looking at the current organizational chart of Samsung telecommunication, along with their continued success, there is no doubt that their organizational structure is working. However, some changes might be justified in order to allow the company to continue its upward climb in the market and not become complacent. These areas of possible change are best found by using the most recent SWOT analysis conducted by the company to identify areas of action that could help the company achieve not only the number one spot for telecommunication, but also accomplish its targets and projections.
Effective Measures of Completion
The authors recommend that Samsung Telecommunications continue to use the method of work and production that they are currently using. The authors believe that this organization has been working proficiently the way that it is currently set up and that the company should only get better by focusing on the weaknesses that were identified during the last SWOT analysis conducted by the company. Samsung’s success is through the use of both combinations of teams and individuals to complete their work most effectively. The company’s use of different forms of job completion tactics shows the willingness of Samsung to do due diligence in its research, so they can produce the best products possible. The authors believe that the methods that Samsung Telecommunications use are successful because of the research that is put into every service and every product that the company makes. The company’s commitment to excellence shows that they are completely invested in putting out the best product that can be produced.
Justification of Work
The authors’ justification for not changing any part of the Samsung organizational chart is that one does not need to fix what is not broken. Samsung has shown the ability to read the market and make appropriate changes based on company goals and market targets. Samsung realizes that in the technological market things do not remain the same, and that people are always looking for the next best thing. Because of this core belief, the authors feel that Samsung is set up for success for a long time to come. However, Samsung does need to continue to use a SWOT analysis in order to remain an industry leader by recognizing areas that can be further developed in order to continue to grow and remain profitable.
Development is at the heart of everything Samsung does. Ongoing investment in their collaborative global research network plays a critical role in their ability to innovate products today that will enrich people’s lives tomorrow” (Samsung, 2014). The above mentioned statement is the motto that Samsung lives by. This motto is a testament to Samsung’s continued dominance in the marketplace and explanation to them being the industry leader. Samsung’s intuitive response to uncertain business environments and an increasingly competitive marketplace has allowed them to show profitable earning statements for their stockholders for the past five years. Also, the company’s commitment to excellence shows that they are completely invested in putting out the best product that can be produced. If Samsung continues on this path into the future, there is no telling the heights of success they will achieve.
Robbins, S. P., & Coulter, M. (2012). Management (11th ed.). Upper Saddle River, NJ: Prentice Hall. Samsung. (2014). Samsung Technologies. Retrieved from http://www.Samsung.com Ziegler, C. (2013, July 07). Samsung passes Motorola, Takes Number Two Share Spot. Retrieved from http://www.engadget.com