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Recommended: Organizational Change and Stress Management
As stated above, there are three main areas that need to be improved in Samsung. For different areas, we will provide different solutions.
To begin with, employees in Samsung are enduring serious extent of stress, which largely hinder their motivation. For most of the employees, it is hard to realize work-life balance with loads of work. Work always comes first, and as a result, lives, families and health are ignored by the organization and individuals. To help employees release this kind of stress, ensuring work-life balance opportunities is of great significance. On the one hand, Samsung can implement flexibility programs and try to build a culture of engagement. It is critical to increase focus and motivation at work knowing that family
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The issue is that they lose the favor and satisfaction of work. So creating values for their employees can also be an effective measure to arouse their intrinsic motivation. People tend to feel frustrated when the content of their job is repetitive or stagnant. Staying for a long period in the same position, with no changes or hope for promotion, will eventually demotivate even the most ambitious employees. So instead of only providing high salaries that cannot offset the efforts employees devote to their work, Samsung need to offer some opportunities of training and development. To implement better practice of it, Samsung should recognize the accomplishments of its employees, especially on the spot recognition and encouragement, which will make employees feel they are valued and help the company to find their talents and advantages. However, one of the problems of providing training programs is that the human capital costs will increase and if general knowledge or skills are acquired by employees, there will be some risk of losing valued …show more content…
According to McClleland’s Learned Needs Theory, there are three motivators: affiliation, achievement and power. Affiliation refers to good relationships between the employees effect how they perform their job. So we think Samsung should create better working environment through easing the relationship with its employees. And one of the most effective way to improve relationships between employer and employees is communication. Samsung need to communicate clearly and concisely with the employees and listen to what they have to say. In terms of the form of communication, it should not be simply top down, but also horizontally across organizational layers. In terms of the contents of communication, Samsung should pay attention to decency, laws, integrity, mutual trust. Managers should give private but constant, clear feedback to all employees to ensure the personal growth and expertise of their employees. Being friendly with the work force builds bonds and a collective sense of teamwork, and makes work seem less machine-like and more like an organic team effort. Besides, Samsung can prompt people to socialize with each other more by holding team-based events. They can be outside gatherings, like parties or group activities, or something simpler like group lunches at which people are
Many people love their jobs and the salary that comes with it, but is it worth the time of not seeing your family? Time management and balancing work life with your personal life, along with little to no stress should be improved today. The reading “Beat the Clock: Time Management Training Can Improve Productivity and Morale by Helping Employees Balance Work and Family” by Kathryn Tyler authored this article for people who struggle with time management, like their employees said in the text. This article is primarily about people and employees improving their skills in time management and productivity to balance their time and lives. Employers noticed that their employees are stressed on their workload so to fix this problem, they made a program
The company’s approach to motivate employees has been working in a positive way. The employees are satisfied with the family style community, and the productivity has increased as well. The company’s style of treating employees as important partners has been successful in other manufacturing companies too. For example, when Honda opened its first factory in the U.S., the CEO and employees shared the same cafeteria, just like Lincoln.
Samsung’s cost advantage is clearly visible from the comparison of costs (and their elements) that were borne by the company and its competitors in 2003 (Tab. 3): Samsung’s overall cost was 24 per cent lower than the weighted average cost of the other four producers; two most significant elements of the cost structure, i.e. raw materials and labour, were 36 and 27 per cent lower respectively. When expressed by means of a relation of average selling price to costs (“productivity” of cost elements), the differences are even more visible (comp. Tab. 4 ): overall superiority of Samsung over its competitors exceeded 51 per cent!
The following is a case investigation of lawsuits between Apple Inc. and Samsung Electronics regarding the design of smartphones and tablet computers between them according to German courts. In July 2011, Apple sued Samsung for patent infringement, namely through items including the Samsung Galaxy Tab 10.1. Apple claims that Samsung infringed its patents in the Galaxy line of smartphones and tablets, arguing that Samsung copied the design and esthetics of Apple's ios range of devices.
When it comes down to smartphones two main companies come to mind Apple and Samsung. Apple makes the phone called the iPhone. Samsung is the producer of the galaxy line of phones. In today’s day and age there is a lot of dependence on smartphones, from directions to places and restaurant ratings and also checking personal emails to phone calls, they do it all! There are many brands of smartphones and the top two are Apple and Samsung Both companies have features that bring customers to purchase their products and they also have certain features that push customers away. More than fifty percent of people in the world own a smartphone. Smartphones have defiantly made our way of life easier and majority of them all have the same functionality so whichever phone you choose all comes down to personal preference depending on a numerous amount of options that differ from each device. A lot of people today worry about appearance and what the next hot fad will be; this defiantly plays a part amongst other things that makes people want to purchase an iPhone or a Galaxy smartphone.
SUN Microsystems Case Analysis Sun Microsystems had an extremely tough decision to make in regards to its procurement strategy. They had to decide if they were going to take on an “E-sourcing” or “dynamic bidding” auction-type strategy with making purchases from their suppliers. Taking on this type of procurement strategy would benefit Sun with cost-savings on procurements, but may jeopardize their supplier relationships and quality of inputs for Sun products. After reviewing the enclosed financial data for Sun from 1996-1999, it is apparent that some trends are consistent. Sun’s cost of goods sold has consistently been around half of their revenue for prior fiscal years, resulting in an approximate gross margin of 50%.
This case study analysis is on Samsung Electronics Company (SEC) and how it has climbed up the ranks in the past decade via calculated marketing strategies, extensive market research and analysis, and a risky bet on how the market will evolve. Samsung’s principle outlook took time and education from within and thereafter the general market.
These decisions were made using a SWOT analysis. The managers were able to identify strengths, weaknesses, opportunities, and threats to the company and adjust their strategy to optimize the situation.
In today's complex business environment; traditional approaches like monetary incentives are not the only prime motivators. In addition to expecting financial incentives for their performance, employee's expectations are much more. Appreciation, recognition and opportunities for personal growth; must be catered for to harness maximum productivity. Furthermore in an era where change is imperative for the organisation's survival, highly motivated employees, represent flexibility and show willing to change; a vital component for the success of any organisation.
Samsung used the “new product development” strategy. According to Kotler/Armstrong new product development is defined as the development of original products, product improvements, product modification, and new brand through the firm’s own product. Samsung also unveiled a new strategy, which is called “new management,” a top- to-bottom strategy for the entire company. Lee Kung Hee, CEO, hired young designers to produce new ideas that could get the company in the direction that he wanted it. New designs .Sleek, bold and beautiful products, so that they could target high-end users to the company. Samsung also was testing new product concepts.
Originated as low-cost manufacturer of black and white televisions in the year 1969, super sized with a semiconductor segment in 1970s, Samsung delivered massive volume of low-cost consumer electronics to domestic and OEM products to both domestic and global markets until 1993. Due to this fact, company didn’t develop global brand awareness until then. In the global arena, Samsung’s brand message was fragmented and its logo presentations were inconsistent.
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.
It is important for manager to understand that what motivates the individuals. There are different kinds of motivation theories which reveal that individuals are motivated by different factors. For example there is extrinsic motivation and intrinsic motivation (Amabile, 1993). Extrinsic motivation refers to the motivation that one has for the extrinsic rewards such as pay, status, power, etc. Then there are intrinsic motivating factors such as the chance to exercise one’s skills, the opportunity to learn and personal development. Research suggests that various factors motivate employees in a different degree depending on their nature. It would therefore be important for the manager to understand that what are the motivating factors for individual employees and then provide them incentives accordingly so that they can work in a more productive fashion. Once the individuals work with greater excitement and vigour it would automatically lead to better performance.
...n organisations of lack of job satisfaction and productivity amongst unmotivated employees, and related the problem to the risk of turnover. Conflict, absenteeism and stress were identified as major causes of loss of job satisfaction and productivity, potentially increasing the the loss of staff. The solution proposed was to implement additional training and performance pay. It was argued that training in the workplace improves an employee’s sense of worth and self-esteem, by increasing their skills and thus contribution to work efforts. This raises productivity, and in addition improves job satisfaction. Performance pay was advocated as a means of developing the organisation to support motivated and capable employees. Self-disciplined workers would receive recognition for output, improving job satisfaction; as well as financial incentive, keeping productivity high.
The most important part for smartphone is operation system and which gives the smartphone a “life”. The better operation system can make better features for smartphones. For example,