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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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PART ONE

TWENTY YEARS TO THE TOP

In Part One, we suggest that there is a need to analyze Samsung-style management, or the “Samsung Way,” and examine Samsung’s growth and transformation. Chapter 1 explains Samsung’s remarkable business performance since the 2000s and discusses the three paradoxes inherent in the Samsung Way that made this possible. We argue that an in-depth analysis of Samsung’s competitiveness should focus on the three paradoxes. Chapter 2 covers Samsung’s growth and transformation. The company’s history, from its foundation to the present, is summarized, and the “New Management” initiative that enabled Samsung to shift from quantitative growth to upgrading quality, transforming itself into a world-class company, is analyzed ...

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