Planning is a process of identifying a desired objective for a company. It can avoid many threats for a company like uncertainties of a global economy, technologies changes etc.(Schermerhorn, 2014, p166) Goal setting is an important part of planning. Goals are objectives of performing and it ensures the direction for decision making. Samsung corporation focus on long-range plan which will take three or more years into future. They come up with the vision "Inspire the World, Create the Future" in 2020，which is forecasting the future for Samsung. (Samsung Inc)
For BlackBerry, they focus on short-term plans which are cover one year or less. ‘ In fiscal 2014, we continued to support programs that help and inspire the youth of’, this is a short-term
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(Schermerhorn, 2014,p229) The organization for Samsung corporation is formal structure due to the CEO of Samsung coraportion is at the top and be in charged in all the divisions. The board of directors is composed of four executive directors and a five person independent director majority, there are nine members for board, including five outside directors. (2014 SAMSUNG ELECTRONICSANNUAL REPORT Inc) BOD governed the Samsung corporation in order to create a equitable environment. (Samsung.Inc ) Company in South Korea is charged by outside directors. They began to implement it since 1998. It is an owner-controlled governance structure.（Cho, 2007）Samsung corporation are divide into three divisions, which are IM, CE, and DS. IM includes communication products like cellphone and computer. CE is home appliances like TV, refrigerators, and washing machines. DS division is mainly about memory products such as mobile AP.( GLOBAL HARMONY with PEOPLE, SOCIETY &ENVIRONMENT. 2016) The main organizational culture of Samsung include people, excellence, change, integrity, and co-prosperity. They respect all the employees, get improvements and innovations continuously, operate rightfully, and make effort together. In addition, they believe they would make more innovations and create a better future for the corporation.(Samsung …show more content…
The three phases of planned change is unfreezing, changing, and refreezing. It is a process that has preparation and be ready for the change. The first phase unfreezing is to do preparation for the change. Changing is the phase that the plan actually happen. And for refreezing, it is a phase that the change complete. (Schermerhorn, 2014, p266)However, the unplanned change means changes happen unpremeditated. (van 2011) If Samsung corporation make a organization change, the obstacles they face may be structural inertia because of
Leading Change was named the top management book of the year by Management General. There are three major sections in this book. The first section is ¡§the change of problem and its solution¡¨ ; which discusses why firms fail. The second one is ¡§the eight-stage process¡¨ that deals with methods of performing changes. Lastly, ¡§implications for the twenty-first century¡¨ is discussed as the conclusion. The eight stages of process are as followed: (1) Establishing a sense of urgency. (2) Creating the guiding coalition. (3) Developing a vision and a strategy. (4) Communicating the change of vision. (5) Empowering employees for broad-based action. (6) Generating short-term wins. (7) Consolidating gains and producing more changes. (8) Anchoring new approaches in the culture.
The three stages of the change theory model are unfreezing, change and refreezing (Petiprin, 2015). The unfreezing process is letting go of old information and introducing change. The method to achieve unfreezing “is to increase the driving forces that direct behavior away from the existing situation or status quo. Second, decrease the restraining forces that negatively
Lewin’s Change Theory contains three phases which are unfreezing, movement, and refreezing. The first phase unfreezing consist of “gathering data, diagnosing the problem, deciding if change is needed, then making others aware of the need for change” (Marquis & Huston, 2017). The second phase is movement. In this phase the “plan is developed, goals are set, strategies are developed and the change is implemented” (Marquis & Huston, 2017). The last phase of refreezing is “supporting others so that the change continues” (Marquis & Huston, 2017).
This is a three-step process that leaders can use to initiate and complete change within an organization (Kinicki & Fugate, 2016). The first step is when the leader creates motivation within the organization to want to change for the better and is called the unfreezing stage (Kinicki & Fugate, 2016). The next step is when the leader actually implements the plan of change in the changing phase (Kinicki & Fugate, 2016). Lastly, is when the leader reinforces and supports the change within the organization (Kinicki & Fugate, 2016). This process will be an effective process for evaluating and creating a change within the organizational culture as well as identifying the narcissistic employees within the organization and instituting and implementing new plans to satisfy the needs of the entire
The only constant in life is change. This statement is especially true within a business organization. Implementing change is a process and managers need to understand the various ways in which people react and respond to any changes made. Depending on how change is implemented, it can strengthen, weaken or stabilize a team or an organization. As managers, we must understand the dynamics of our team or organization and manage change effectively. I will explore two models of change. These two models, the Tuckman model and the Lewin model, focus on different aspects of change. Tuckman focused on team change and characteristics that a team exhibits during the change process while Lewin focus on initiating and guiding change within an organization. Although the focus of the models is on different aspects, both provide insight as to how a leader can provide support and assistance to the team or organization during the process (Cameron, 2012).
The managers must set organizational goals aligned with the company mission. This will provide a strategy for achieving those goals. For example, planning can be seen at every level such as creating goals for sales as well as for the customer experience (Higgins, 1994).
Samsung Electronics Limited Company is a part of the Samsung Group, one of the leading consumer electronics brand in the world (Samsung SWOT analysis 2014). The company is operated in America, Asia and Europe in around 88 countries. Samsung Electronics was established in 1968 (Samsung main website). It is headquartered in located in Gyeonggi-dox, South Korea (Samsung SWOT analysis 2014). The chairman of Samsung is currently Lee Kun Hee. It is reported that now the number of employees is about 235,868 employees. Samsung works with different companies and organisation in order to deliver their products to customers. One of their biggest partners is Google Android that is compatible with Samsung smartphones and tablets.
For these outcomes, the team has chosen three possible options for alternatives (1) recall, (2) no recall or (3) delay of release. As for the aforementioned list, the group examined there values alongside the fixtures of corporate social responsibility and the consumer sovereignty test. The team analyzed the alternatives with the former under the following four criteria; economic, legal; ethical, lastly philanthropic responsibilities. For the latter concept, the following criteria was utilized, consumer capability, information and choice.
The first function of management is planning. Planning is a process that managers use to identify and involve goal setting and decide the best way to achieve the goal.(Bartol 2007) Planning connect the gap between where we do, where we intend to go. It predict the possible things to happen which would not otherwise happen (MSG 2012). There are several steps to the planning process, which are determine the goals of the organisation, evaluate the current position, consider possible future conditions, identify possible alternative actions and choose the best. Planning is the criteria thinking through goals and making decision to achieve the goal of the organisation’s objective, which requires a systematic way. Also objectives focus the managers how to achieve the final result as managers have to predict anything will happen, avoid the problem and fight back to competitors. An example of planning, which is the President Canon Inc Tsuneji Uchida and lead Canon Company become the no.1 in the global business (Canon.Inc 2011). Tsuneji Uchida has to understand what is the company objective and goal. First, make decision to protect the position and the aim of canon, improve the operation more diversity. Second, he creates the new design of camera and new technology, he plan to do these things to maximise profit.
If you ask anybody in the world today they will tell you that we live in a world where technology is at the core of human life. We use technology for everything today. From processing food we eat, to being social, to transportation, everything we do has some relation to technology. No technological innovation though has become so popular as the one we use to communicate with daily. The Smartphone. First starting off as foot long cellular phones which could be seen a mile away to present Smartphones which we cannot seem to live without. Smartphones have changed the way that people live. Today you can see just about everyone on a Smartphone even children, which just comes to show how popular and demanding Smartphones have become. In fact, Smartphones have become a true necessity in the lives of people everywhere. There are many types of Smartphones out there. Some of the major phones include devices such as Apple's iPhone, HTC's One, and LG's G2, but only a few have made such a huge technological impression in this industry such as Samsung has done with its Galaxy and Note, two of the most popular Smartphones right now. We all have heard the name Samsung at some point in our lives. Maybe from the televisions they create or even from the chips they produce. The truth is that Samsung is a technological giant who has been around for many years, an empire, which continues to grow. A company whose mission is to "Inspire the World, Create the Future."
One of the first scholars to describe the process of organizational change was Lewin (1974). He described change as a three-stage process that consists of unfreezing, moving and freezing stage. During the unfreezing stage the organizations become motivated to change by some event or objective. The moving stage is like implementation when the organization actually makes the necessary change. Furthermore the freezing stage is reached when the change becomes permanent. Organizational change has also...
The Samsung Company is one of the leading companies in the world today. It traces its roots back to 1938 when Lee Byung-chull started a small trading company in Su-dong, South Korea that specialized in selling goods around the city. Later, the company grew and expanded to Seoul in 1947. With the outbreak of the Korean War, the company weakened and as soon as the war ended, Lee expanded it into the largest woolen mill in Korea. The expansion continued and within the next three decades it had diversified into other bareas, including textile, food processing, securities, retail and insurance. Samsung entered electronic industry in the second half of the 1960s and formed four electronic divisions, namely Samsung Electro-Mechanics, Samsung Corning, Samsung Electronic Devices and Samsung Semiconductors and Telecommunications.
The world is constantly changing in many different ways. Whether it is technological or cultural change is present and inevitable. Organizations are not exempt from change. As a matter of fact, organizations have to change with the world and society in order to be successful. Organizations have to constantly incorporate change in order to have a competitive advantage and satisfy their customers. Organizations use change in order to learn and grow. However, change is not something that can happen in an organization overnight. It has to be thought through and planned. The General Model of Planned Change focuses on what processes are used by the organization to implement change. In the General Model of Planned Change, four steps are used in order to complete the process of change. Entering and Contracting, Diagnosing, Planning and Implementing, and Evaluating and Institutionalizing are the four steps used in order to complete the process of change in an organization. The diagnostic process is one of the most important activities in OD(Cummings, 2009, p. 30).
Strategic Planning is a long term plan of action designed to achieve a particular goal, as differentiated from tactics or immediate actions. It may employ methods like SWOT analysis to help clarify objectives and strategies. Strategic planning uses "the big picture" to pursue large scale, long term objectives. (Wikipedia - Strategic Planning, 2006).
What is strategic management? In this study we will view what a manager’s role is and the development of strategic management has an affect on their companies performance. We will examine strategic management, what the benefits and problems are when utilizing strategic management, and how to implement strategic management in the company.