SAMSUNG SWOT Analysis & Management Perspective
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Added on 2020-03-28
SAMSUNG SWOT Analysis & Management Perspective
Added on 2020-03-28
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Running Head: MANAGEMENT PERSPECTIVESWOT Analysis and Management PerspectiveStudent’s Name:Institution Affiliation:.
SAMSUNG SWOT ANALYSIS 2IntroductionThe purpose of this assignment is to carry out a self SWOT analysis with the aim of assessing my qualifications, skills, and knowledge that can make me suitable candidate to join Samsung Company. The success of Samsung attributes to the successful engagement of all the stakeholders; therefore, this article, examines the SWOT analysis of all the parties concerned to achieve a proper management perspective of Samsung Company and provide personal organizational fit.Summary of organizationSamsung Company is a South Korean company created in 1969 to be one of the world’s largest electric appliances producer (Jung, 2011).The wide range of the product portfolio that Samsungs enjoys includes; mobile phones, tablets, televisions, camcorders, home appliances, memory cards and other devices. A large number of various products and efficiency of components production have allowed Samsung to cut on manufacturing cost. With the broad range of the products, Samsung holds a significant market share is making it be the second market commander after Nokia as a result of its innovativeness. However, despite the fact of having the best quality products and commanding a greater share of the market, the company’s products face major threats from the Chinese goods that are more of economies of scales that endup in most of the under-developed markets threatening their worldwide commandSWOT analysis is a business method that is used to identify the internal strengths and weakness and external opportunities and threats to provide critical information needed to create a strategic growth plan (Vanek et al., 2012). The method is important to individuals who are seeking jobs orwants to climb the organization ladders by helping the individual on how to play on the strengths
SAMSUNG SWOT ANALYSIS 3and managing the weakens at the same time uncovering opportunities and doing away with the threats that hinder your progress.MethodologyThe purpose of the study was to acquire and carry out a SWOT analysis on my management perspective with Samsung Company as a reflection organization. In this study, I read various management documents that relate to the company and used quantitative method to bring together my findings. I also used various tools for personal analysis to identify my strengths, weaknesses, opportunities, and threats in the attempt of analyzing my professional performance. My focus was mainly on my on the management perspectives while providing personal views on the management style and the subordinate views on their feeling of the management style. Some of the information was also collected outside the institution to give comparison and help in making personal organizational fit. The information was collected through doing of a number of researchesStrengthsHaving attained a master in Project Management, I have achieved various management skills that I can use in overseeing particulars projects such as creation and launching of new products in case I get the chance of working with a company like Samsung. After the degree and graduation, I landed an internship at Nokia Electronics, where I gained more experience in different departments such the service solution departments, the consumer departments, supply and chain departments, corporate development department. As a result, I have gained management skills that can enable me to work on different research and development projects. Inthe service and solution department, I was able to gain knowledge on how to develop and ensure
SAMSUNG SWOT ANALYSIS 4that the mobile device is personalized and integrated to the satisfaction of the user. As a result, I am able to learn on how to develop internet services such as messaging, maps and music that willeventually enhance the customer’s experience. I also possess strong marketing and supply chain skills, about different categories of the markets. Having taken part in the corporate development department, I have learned how to forecast the future trends of the market and come up with appropriate actions that will sustain the company into the market against the competitors. With the knowledge gained, I am more certain that I can bring a change in the Samsung Company as the project manager. In addition to the formal skills gained, I am a good team player with good communication skills and able to work under no supervision.WeaknessDespite the skills I have gained in in my academic and practical experiences, I have cometo the realization that I do have some weaknesses in areas that will require my extra effort to improve and better my professionalism. During my internship at Nokia, the departmental head ofservice and solutions observed that I had a strong, compulsive urge to complete tasks very quickly and as a result, the work tends to have poor quality as a result of my lack of patience. The same urge of finishing given task as quickly as possible always makes me have mental stressmostly when there are numerous tasks that I need to complete. In many cases, organizations tend to focus on experience while recruiting staff. However, my experience is still low, an aspect that requires me to volunteer in many technologically oriented organizations to gain more experience.OpportunityWith advancement in technology, there are many carrier opportunities for professionals like me who focus on technological advancement in the current business market. Even though
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