The Choice that Samsung Electronics Made in the Monetary Crisis of 1997

Hyeun Kyoung Song and Gunyung Lee
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Hyeun Kyoung Song: Dongyang Mirae University, South Korea
Gunyung Lee: Niigata University, Japan

Chapter 3 in Management of Enterprise Crises in Japan, 2013, pp 49-63 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Past and Future of Samsung ElectronicsSamsung Electronics’ Business Management: Overcoming the IMF Monetary CrisisA choice to conquer a crisis: Management by discardingThe basis of overcoming the IMF monetary crisis: Management by focusing on qualityA business portfolio for crisis management: Management by balancingdecision-making mechanism for managing uncertainty: Self-controlling managementThe axis of crisis control: Kunhee Lee’s ownershipSamsung Electronics’ Strategy for the “Analog to Digital” Paradigm ShiftConclusionEndnoteReferences

Keywords: Business Crisis; Enterprise Crisis; Turnaround Management; Reorganization of Business (search for similar items in EconPapers)
Date: 2013
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