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The Samsung Way: Transformational Management Strategies from the World Leader in Innovation and Design by Kyungmook Lee, Jaeyong Song

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CHAPTER 5

SAMSUNG’S FIRST SUCCESS FACTOR

Competency in Creation of Speed

 

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    The core competency of Samsung Electronics’ semiconductor business is speed and the desire to be number one.

—Woo Nam-Sung, President of Samsung Electronics and Head of System LSI Business

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    The most important factor in the success of Samsung Electronics’ smartphone business is speed. Just as “mass x speed2 = energy” is a basic law of physics, using the same resources twice as fast increases our competitiveness four times.

—Hong Won-Pyo, President of Samsung Electronics ...

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