Strategic Management 2 Activity 1

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

1.

What is/are the triggering event/s that act/s as stimulus/stimuli for strategic change in the given
case?

Answer:

The first event that served as a catalyst for the conglomerate's strategy transition was the
appointment of Lee Kun-hee as its new chairman and his new strategic goal of elevating Samsung to the
top of the global high-tech sectors. The Strategic Inflection Point was caused by Lee Kun-new hee's
strategy, which was undermined by rivals in related industries who were aware of the conglomerate's
significant disruption in its new or disruptive shift in industry and technologies. This event was brought
about as a result of Lee Kun-new hee's strategy.

2. Which characteristic/s of strategic decisions is/are described in the case study?

Answer:

Consistent and paradigm-shifting are the characteristics mentioned in the case. Samsung is
dedicated to investing more resources in R&D, marketing, design, and its people merely to make and sell
items following the crucial event in its history when its products were burned in front of it by its CEO.
premium. Everyone working for the company was affected by the choice to proceed, and they could
have had to put in more effort than ever. He was motivated to devote so much time and effort. Other
from that, Samsung has undoubtedly put the strategy on the proper track since it was created. It is
currently among the biggest businesses in the world. If organizational issues emerged, Samsung would
not have the same challenge as in the past when they lacked sufficient strength and positional structure.

3. How will Samsung maintain its successful market position by using one of the modes in strategic?

Answer:

The Planning mode focuses on Samsung's methodical collection of relevant approach data for
scenario analysis, the development of practical alternative strategies, and the rational selection of the
most appropriate plan to preserve its leading market position. They should search for new opportunities
that will increase their reputation and development if they want to develop. As soon as Mr. Lee was
appointed the company's chairman, he began his plan to dominate the market by offering low-cost
products at aggressive rates. Samsung performed worse than Sony and Motorola, which were at the
time the unquestioned global leaders.

You might also like