Strategic Issues and Resolutions at Samsung

Analysis On Strategic Issues and Resolutions at Samsung By: ABC Date: Strategic issues identified in the case situation Before the crises and after the crises and then the revamped strategies after the Asian crises of 1997 were dynamic in nature at all. The Company that considers the company reckless situation as the opportunity for the bran assessment was the total loss with no time bind objective. The issues are not new towards the product development and functionalities of products. The function of product during the time of company’s loss is the matter of study at different perspective. An issue was popular indeed about the company’s activities that the strategy of company that was competition strategy was not good. The issue was initializing when the leadership of company decided to get the platform where the products of Samsung got the wrong way in deciding the strategy at all. The SWOT analysis at that time was not considered by the senior management at all because the company wants to retained attention towards the same strategy in the reckless situation of Asia. The price strategy at that time was also not being evaluated by the visionary mindset of leadership in Samsung that affects the Samsung badly. The widening of inventory at that time, the slowing of purchase power of customer because many low cost drivers available in china other than Samsung are some key challenges was faced by the Samsung. Timeline Analyses of the strategic Issues The discourse analysis of leadership with the senior managers upon the afore-said issues, the acceptance at all level was done that the issues are the matter of discussion and should be dealt with the arguments type material so far. The analyses of the situation pondered upon the usage of SWOT analysis at major level. SWOT Analysis Strength The firstly considered phenomenon about the strength of the business was that company has reputable business in all segments anonymously. Many products and the wide range of consumer segmented are retained was the opportunity at that time. The analyses focused upon the opportunity at company level that shows the alliance of product with the consumer of the market. The strength of the product at Samsung level also shows that the company is going to take the entire issue resolution approach. Weakness Analyses approach showed that strength of the product, company itself is relevant with the issues, and these weaknesses should be ignored. The weakness is only the software issues and the perception of customer about the low price brand in terms of mobile brand. The branding situation and the process of brands development can lower the risks at this platform. The weakness could be dealt at corporation level and the strengths should be utilized as the KPI’s at Samsung level. Opportunities The opportunities at Samsung was to rethink about the competitive strategy because it already implementing the low cost strategy. The Samsung did not bind itself with the stereotype of products and provide a mid way course against the Sony and Mitsubishi. The afore-said two competitors in the market are showing the reluctance with the implementation of strategy. Threats The strategy is having two main threats to the company and these two threats are prevailing in the Asian market. The market threat is horizontal in nature at all levels because lateral competition is very daunting in nature and can be a real threat for the operations of Samsung in this market. Now the entire interest of the company is shifting towards the developing a Premium Brand. At the initial basis, the branding was not so important in Samsung culture and leadership selected for the low cost products so that Samsung could get maximum profit highly related with the objective of the company. After the Asian crises, Samsung shifted itself with the Premium branding and left the low cost srtrategy8 for the business. The inventory is lots of at the company premises and that strategy is going to meet the requirement. The Speeding Up new product development is the method also seem alluring in contemporary times. Recommendation for the Improvement in Contemporary Situation The recommended course of action at Samsung level could be based upon more introspection and through reform way. The Visionary leadership selected for the procedures and the rules necessary to take the action after the Asian crises but there form way can be better in this situation. The strategy of competition and by showing low cost of product was not good one for the company because competitors were too far from the brand image of Samsung in market and in customer minds as well. The Company is going to take the best strategy but the influential strategy at that time could be benefited for the company in such situation. The hardware and software issues resolution and the pricing strategy should be adopted at organization level so that status conscious customer who liked mobile more than non-conscious could buy Samsung. The process design similar with the Apple is good but the creativeness of South Korean in American Brand could be a revamped thinking and cause for the product success at broad basis.

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Paper's Detail

Category Business-to-Business Marketing
Paper Type APA
Reference Type other
Words 853

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