Samsung Executive Summary

3980 Words16 Pages
Business Report | June 20 2012 | Word Count - 2470Student details | Samsung | Sr. No | Content | Page No. | 1 | Executive Summary | 03 | 22.12.2 | Introduction Industrial ProfileVision & Strategy | 040404 | 33.13.23.33.4 | Balance Score Card Customer perspective Financial perspective Business perspective Innovation perspective | 0505060607 | 44.14.24.34.4 | Strategy Map An Introduction about it Map Analysis through Diagram Growth and Productivity Analysis A description | 0808091011 | 5 | Recommendations | 12 | 6 | Performance Management Financial Perspective | 1213 | 77.17.27.3 | Critical Discussion and Evaluation Practical Use…show more content…
* 22% increase in profits year after year. * Timely review of proper Risk factor cost and benefits analysis etc. * Customer perspective: Recent management philosophy of Samsung has shown utmost importance of customer in the company. It contributes lots towards the beneficial of customer’s satisfaction. The customer satisfaction has gained considerable importance in recent years. The increased competition in the markets has eventually increases the importance of strong strategies. The company believes that if customer is satisfied then it will multiply the profits in your company. Thus, the company focus on creating Green revolution by producing Eco friendly products, increasing the market share globally, producing Goods according to the requirement of consumers and creating a unique position in the eyes of consumers. * Internal Business Processes Perspective: This perspective relates with the internal businesses or methods to know whether the internal processes are according to vision and strategies or not i.e. this component focuses on what an organisation must be doing in order to meet its customer needs which is defined in the Customer Perspective. This perspective focus on these following…show more content…
“ The different perspective of balance score card helps in describing the each aspect of techniques as given below * Financial aspects: it describes the investor’s faith in the company. Investors invest in the company in order to get timely information and regular dividend of their investment. * Customer aspects: This is that aspect where whole organization stands. It is very important to know our customer in terms of their requirement, quality, Price etc. Customer requirements changes with the change in economic policies. Thus, Samsung is adopting different strategies for different customers. * Internal Business processes: There is no doubt that process and methods adopted for Samsung are optimal. That’s why it is considered as world class electronic (Digital E Company) all over the world. The Company should evaluate time to time methods with the relation to its vision and objectives so that it can also compete in global
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