Samsung Electronics Corp Eric Kim Interview Case Study Analysis

Home >> John A Quelch >> Samsung Electronics Corp Eric Kim Interview

Samsung Electronics Corp Eric Kim Interview Case Help

Samsung Electronics Corp Eric Kim Interview Case Study Help is a popular name of a New York based, world's leading organization in the food and drink market. business is a leading brand in practical treats, foods and drinks with its existence in about 200 nations.

The report consists of a deep analysis of different elements of the social responsibilities of significant business in the food and beverage industry in general, and Case Help in specific. It likewise provides an analysis of the growing health and environmental issues including obesity, heart diseases, ecological destruction and so on in the Western nations and the function of the companies in the food and drink market to address these concerns. The report likewise provides an evaluation of the extent of sustainability and CSR in the Samsung Electronics Corp Eric Kim Interview Case Study Help's business technique in addition to the determination of how Case Study Analysis produces worth for its consumers. The report also provides particular tactical options for company to include the criticism over its social obligation with specific recommendations and an execution plan.

Concerns Recognition

Case Study Analysis had taken specific crucial actions relating to the environmental effects of its items, however, these steps are not enough to end up the criticism over the business's responsibility towards social and environmental issues. This is needed to take particular tactical steps to alter the market position of its particular popular brand names and present Case Study Help as a company producing healthy items in the market. In this regard, business and other food and drink business need to use their power to move the consumer taste towards healthier products to remove the restrictions in the growth of food market.

Crucial Analysis

For the few decades, consumer food patterns have been changed dramatically. The shift from using health food to produced food has extremely affected the health of the consumers. Despite of the discovery of modern health strategies, the total health of people in couple of years have been highly impacted. Currently about 1 billion of individuals In US are overweight and a minimum of 300 countless them have weight problems. Kids likewise dealing with the issue of weight problems. The ratios of obesity in 1980s are quite different from the present ratios. Despite of discovery of health methods and modern ways to control weight problems and other illness, the ratio of obesity has been doubled form the level of 1980. All of the data connected to the health problems with the incorporation of manufactured food in the market discuss the frequency of the health problems associated with food system. These concerns are indirectly the result of various practices of the food and drink business for developing worth for their customers.

Value Creation at Samsung Electronics Corp Eric Kim Interview Case Study Help

Samsung Electronics Corp Eric Kim Interview Case Study Help being a huge business in the food and beverage industry, supplies high worth to its consumers by different means. Case Study Solution has a competitive benefit in providing its items far and large internationally. The business is provided in about 200 nations with a large number of famous global brand names.

The business develops value for its customers by means of supplying big number of tasty food items consisting of salt, fat and sugar, which are the components that are directly connected with the emotional core of the customer's brain. The Samsung Electronics Corp Eric Kim Interview Case Study Solution along with other huge food and beverages companies produce worth for its customers by controling these components in its products. Case Study Solution together with other giant business has an interest in finding ways to increase the consumer worth from its items through exploiting the vulnerability.

Together with it, the business also creates value by means of including the healthy point in its items. The business has actually done certain efforts in order to supply healthy products and decrease the share of Samsung Electronics Corp Eric Kim Interview Case Study Analysis in overall environmental devastation. Case Study Solution has taken certain steps related to the sustainability of people and environment including the 2009 statement of the enthusiastic goals and commitments related to Case Study Help items, marketplace and the neighborhood.

All of these ways have been effective at producing worth for the Case Study Analysis customers. Increasing health associated problems have raised the criticism for Case Study Analysis.

Constructive Role of Major Food and Drink Companies in Attending To Social and Ecological Expenses Connected With the Industry

Significant food and drink business including Samsung Electronics Corp Eric Kim Interview Case Study Analysis etc. can play a positive role in resolving social and ecological expenses associated with the market. The eco-friendly costs connected to food and beverage industry consist of the ecological destruction due to the increase of nitrogen which has led to the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to ecological devastation which might be a big danger to the presence of humankind in future.

Significant cause of these ecological changes is mass use of nitrogen rich fertilizers and the active ingredients by the food and drink companies. Therefore, food and drink business should play a constructive function in attending to these concerns to remove their development constraints related to the criticism from the environmental neighborhoods.

In order to address these issues, the business might either minimize their use of nitrogen rich components or take particular steps to reduce the quantity of nitrogen in the general environment. The business ought to prevent usage of nitrogen fertilizers and ought to locate the items of those farmers that do not utilize fertilizers for their crop. Furthermore, the companies could also buy decreasing greenhouse gas emissions worldwide. The companies could utilize eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich products.

In addition to the ecological expenses there are particular social expenses related to the food and beverage market which need to be resolved by the giant food and beverage business to accomplish the industry growth and to prevent the criticism from the environmental neighborhoods. Social costs associated with the market includes the increasing health problems associated with weight problems, heart problem, diabetes etc. The giant companies might play a positive role in attending to these issues.

The business could move towards more healthy items by lowering the amount of hazardous substances in their processed foods i.e. dioxin, which might result in deadly human illness. The companies could likewise do efforts to move customer tastes towards healthy items as they have controlled the customer taste for couple of decades.

Assessment of Sustainability at Samsung Electronics Corp Eric Kim Interview Case Study Help

There was a potential shift in the corporate technique and objectives at Case Study Solution. The new CEO was concentrated on purchasing healthier items for accomplishing sustainable growth for the business along with providing healthier future for the people and the world both. Under the brand-new vision, the motto of the company was also altered from the "enjoyable for you" to "much better for you".

Human Sustainability

business got Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and organic beverages to introduce numerous healthier products in its portfolio. Despite of being considered a Case Help's healthy brand name, the items of Quaker Oats contained numerous ingredients which were hazardous to health.

Along with the inculcation of healthy brand names in its portfolio through acquisitions, Samsung Electronics Corp Eric Kim Interview Case Study Analysis has actually taken specific sustainability actions for its market places. One of major examples in this regard is the Company's marketing technique associated to schools. The company markets only low calories and nutritious drinks options in schools.

Another step taken by Case Study Solution towards human sustainability is the shift of its focus towards research study and development for introducing new and healthy items in its portfolio. The company has actually increased its research and development spending plan and has actually presented an army of health researchers to create specific healthy products.

Ecological Sustainability

In this regard, the company committed to decrease its packaging by millions of tones to prevent high amount of wastes. The company has actually committed to reduce greenhouse gas emissions along with the accomplishment of effectiveness in the energy usage.

On the basis of above analysis, it might be figured out that the company has actually taken numerous steps towards human and environmental sustainability. Nevertheless these steps are still not sufficient to achieve the desired industrial development and to reduce the criticism over the social responsibility of Samsung Electronics Corp Eric Kim Interview Case Study Solution.

Alternatives

Particular long term strategic options might be obtained for the business on the basis of above analysis. These options can be assessed on the basis of the truth that how the option would make it possible for the business to attain its objective of prospective development and lower the criticism over the business. Moreover, the options might be evaluated on the basis of the time frame that would be taken by an option to be carried out in addition to the expense and dangers associated with the alternative

Alternative-1: introduction of a New Line of product Related to Healthy Foods and Beverages

The very first step that Samsung Electronics Corp Eric Kim Interview Case Study Analysis might take is to present a brand-new product line related to healthy food and drinks. The business must present a large variety of much healthier items by using its substantial research and development expenses.

Pros:

• Ability to target a great deal of customers i.e. health mindful customers.
• Reduction of the criticism of ecological worried societies and community advancement companies.
• Fulfillment of the social responsibility by settlement of the dangerous products with healthy products.
• Might be carried out within few years i.e. 3 to 5 years.

Cons:

• Risk of failure of the brand-new products in the market i.e. customers might not like the taste and may not accept the healthier items due to the addicting nature of dangerous products.
• The hazardous products in the product portfolio may make the incorporation of healthy products fail to reduce criticism.
• Substantial cost of research and advancement required to construct brand-new healthy items.

Alternative-2: High level Acquisition of Health associated Business

Another alternative option to accomplish the potential development and minimize the criticism is to obtain the health related business at a high level. Investment in these type of business would permit Samsung Electronics Corp Eric Kim Interview Case Study Help to introduce a large range of much healthier items within a short time period without any need of substantial research and advancement expenses. The pros and cons connected to alternative 3 are offered listed below:

Pros:

• Conserving of big quantity of research study and development costs for brand-new item advancement.
• Incorporation of new products within 2 years.
• Capability to target large number of consumers i.e. health conscious consumers.
• Reduction of the criticism of ecological concerned societies and neighborhood advancement organizations.
• Satisfaction of the social duty by compensation of the harmful items with healthy items.

Cons:

• The acquisition might not prove to alter the image of Samsung Electronics Corp Eric Kim Interview Case Study Analysis as in case of Quake Oats.
• Requirement of huge quantity of capital.
• Danger of failure of the brand-new items in the market i.e. consumers may not like the taste and might decline the much healthier items due to the addictive nature of dangerous products.
• The harmful products in the product portfolio may make the incorporation of healthy items stop working to minimize criticism.

Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio

Another alternative option for Samsung Electronics Corp Eric Kim Interview Case Study Solution is to change all of its harmful items with much healthier products. The replacement of harmful products with much healthier products would entirely change the market position of the business and would require a big number of necessary actions to be taken.

Pros:

• Change of market position of Samsung Electronics Corp Eric Kim Interview Case Study Help
• Capability to target a great deal of customers i.e. health conscious consumers.
• End of all of the criticism of ecological concerned societies and neighborhood development companies.
• Fulfillment of the social responsibility

Cons:

• Threat of failure of the brand-new items in the market i.e. customers may not like the taste and might decline the much healthier products due to the addicting nature of hazardous items.
• Huge cost of research and advancement required to construct brand-new healthy items.
• Employee may withstand over the modification in business model and business technique.
• Number of years needed for the application.
• Shift of focus from the core competencies.

Recommendations

With the deep analysis of the business's CSR, concerns faced by the business and the existing industry circumstance, Case Study Help is advised to consider alternative 2 of high level of acquisition of health related business. As the acquisitions would allow the business to save of huge quantity of research study and advancement expenses for brand-new product advancement. Along with it, acquisitions would enable incorporation of brand-new items within two years along with the capability to target large number of customers.

This Samsung Electronics Corp Eric Kim Interview case study is writen by : John A Quelch

Executive Summary	Swot Analysis	Vrio Analysis	Pestel Analysis
Porters Analysis	Recommendations