Samsung, a Korean synonymous with success. From sixty years ago a kimchi noodles manufacturers, transformed into a huge electronics brand which garnered 13% of Korean exports. The lessons we can learn from the rise must be very valuable.Samsung today’s success can be attributed to the advantages of vertical integration, industrial design capabilities, R & D capabilities, brand influence and government support.

When Chinese enterprises were still pursuing technology and brand, the competitiveness of Samsung Electronics has gone beyond technology and brand on top, built up industrial vertical integration advantages. Samsung Electronics Samsung Group owns the world’s largest shipments of components and electronic devices. They Company is also the most complex institutional structure multinational organizations. In order to be ahead of whether in the semiconductor industry or LCD panel industry, the company spent about 15 years to accumulate the technologies and learn techniques.

However in my opinion, the most important drive to its success is its Human Resources Development Center, called “Changjo Kwan”. Every year, more than 50,000 employees in Samsung will be trained from days to several months at Changjo Kwan and similar institutions. During this period, they will be taught the idea of Samsung, therefore the employees are loyal to the company. Considering the humble learning and the good management of human resources we can easily find out why Samsung became a very strong company in the industry.

How Samsung Became World’s No. 1 Smartphone Maker:

https://www.youtube.com/watch?v=C-JEYGqYTjk