Case Study: Rough Draft Begun

RUNNING HEAD: Samsung Case Study 4

LP 10.2: Samsung Case Study: Rough Draft

Casondra Ohnstad

National American University

Samsung Introduction Comment by [email protected]: early on in written report provide sharply focused diagnosis of strategic issues and key problems and demonstrate a good knowledge of company's present situation. -Identify firms strategy (use concepts and tools in chapters 1-8 as diagnostic aids), pinpoint whatever strategy implementation issues that may exist (chapters 10-12) -Use key points at the end of each chapter -It's a good option to Begin report with an overview of company's situation, its strategy and the significant problems and issues that confront management State the problems and issues as clearly and precisely as possible Try to avoid recounting facts and history about company (unless as a point for emphasis)

The 1980’s brought upon a new concern for corporate environmental sustainability. The social, cultural, and political environments pressured corporations to focus on environmental protections, minimize and control pollution, and to improve ecological effectiveness. Samsung became a leader in environmental sustainability and eco-awareness in the first initial years of the 20th century. They started many environmental initiatives as well as assessment tools.

Utilizing the following frameworks: eco-efficiency, triple bottom line, natural step, ecological footprint, carbon foot print, eco-effectiveness, cradle-to-cradle design. These reduced the ecological damage caused by organizations. Ideal was to generate long-term value for consumer and employees by adopting green strategies for environmental protection and considering social, cultural, and economic aspects of a company's operations

Analysis and Evaluations Comment by [email protected]: Hardest part of report See firm's financial ratio's, profit margins and rates of return and its capital structure Decide how strong the firm is financially Use the formulas from table 1 to compile data Look at marketing production, managerial competence, and other factors underlying the organizations strategic successes and failures Does the firm have valuable resource strength and competencies and if so, is it capitalizing on them Is the firm strategy producing satisfactory results? Why or why not Probe nature and strength of competitive forces confronting company Decide whether and why the firms competitive position is getting stronger or weaker-use appropriate evaluative tools Keep this is mind Must offer analysis and evidence to back up conclusion. Do not use unsupported opinions, over-generalizations, and platitudes as a substitute for tight, logical argument backed up with facts and figures If you analysis involves some important quantitative calculations, use tables and charts to present the calculations clearly and efficiently. Don't tack exhibits onto end of report. In the body of the report cite some of the key numbers, highlight the conclusions to be drawn from the exhibits, and refer readers to charts for more details Demonstrate that you have command of the strategic concepts and analytical tools to which we have been covering . The interpretation of the evidence should be reasonable and objective. Don't just prepare a one-sided argument. Do not exaggerate or over dramatize. Present a balanced analysis. Avoid emotional rhetoric. Do not use "I think, I fell, I believe". If you must, use My analysis shows.

Compare and contrast some of Samsung’s initiatives to see an overall rate of effectiveness or positive impact on the environment in comparison to self and to other companies. Samsung Hope for Children, hope Children’s Learning Center, Supplier Support Fund, New Technology Development Contest, Globally Competitive SMEs.. Use charts and graphs to illustrate energy efficiency ratings and percentage of products and processes that are eco-friendly and sustainable. Does increased efficiency and sustainability affect overall profit for Samsung? Prove it with math and show it in a graph. Consider the effects of climate change and the legislative concerns. How much does it cost to stay green? Provide percentage of environmental violations and their trend with the company. Insert SWOT analysis here. Overall number of environmental or health lawsuits filed against Samsung and their trend and costs.

Recommendations / Conclusions Comment by [email protected]: Comment by [email protected]: This is the final section of the written case analysis Should consist of a set of definite recommendations and a plan of action The set of recommendations should address all of the problems/issued identified an analyzed in the paper Should offer a reasonable prospect of success High-risk, bet-the-company recommendations should be made with caution State how your recommendations wil solve the problems you identified Be sure the company is financially able to carry out what your recommend Check to see if recommendation is workable in terms of acceptance by the persons involved, the organizations competence to implement them and prevailing market and environmental constraints Do not hedge or weasel on the actions you believe should be taken State recommendation in sufficient detail to be meaningful - get down to nitty gritty specifics Avoid unhelpful statements such as "the organization should do more planning" or "the company should be more aggressive in marketing its product" Example: if a recommendation is to improve its market position then the plan to set this forth needs to be provided. Offer a definite agenda for action, stipulation a timetable and a sequence for initiation actions, indication priorities and suggesting who should be responsible for doing what Avoid recommending anything you would not yourself be willing to do if you were in management's shoes Comment by [email protected]: Need to get sources outside of text to help develop analysis.  This is especially helpful in the financial area with updated into.  Don't be afraid to use financial websites to help you with your analysis. Need SWOT clearly defined.  This should include several points in each category with explanation.  Bullet points or table work well. Identify specific strategic challenges in the analysis.  Remember these by definition are longer term in nature. Develop a specific strategic plan to fix the challenges.  Must also include how you would implement. Comment by [email protected]:

Create and suggest a plan of action based on SWOT analysis and determine how Samsung should proceed in today’s political, cultural, and environmental considerations. Determine if enough good practices are in place to balance accusations and considerations of the more harsh chemicals and work environments that do remain. How to maintain status as global leader in corporate environmental sustainability. Find a way for Samsung to really participate in helping set the standards and expectations for things like emissions. Figure out how to maintain and grow the corporate community at stake here. Are the stockholders green minded? How to keep creating and maintaining a sense of environmental mental responsibility and have that benefit of the profitability of the company as a whole. Increased focus on political agenda.

References

Thompson, A., Peteraf, M., Gamble, J., & Strickland, A. (2016). 

Crafting & Executing Strategy: The Quest for Competitive Advantage. McGraw-Hill Education: New York.