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Restructuring / Turnaround Strategies Case Study

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Case Title:

Reinventing Samsung

Publication Year : 2006

Authors: Ms. Mridu Verma

Industry: Home Appliances and Personal Care Products

Region:USA,Asia

Case Code: RTS0093P

Teaching Note: Not Available

Structured Assignment: Not Available

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Abstract:
Samsung wants to become the most powerful consumer brand in the world. The case outlines Samsung’s R&D initiatives, global marketing strategy and holistic brand campaign to reinvent brand Samsung. Samsung has changed the processes and procedures in its design department and given its designers more power to influence not just how products look but also the products’ functionality and application. The case traces brand Samsung’s emergence as the world’s most powerful brand.

Pedagogical Objectives:

  • The case outlines Samsung’s R&D initiatives, global marketing strategy and holistic brand campaign to reinvent brand Samsung. Samsung has changed the processes and procedures in its design department and given its designers more power to influence not just how products look but also the products’ functionality and application
  • The case traces brand Samsung’s emergence as the world’s most powerful brand.

Keywords : Global Branding Strategy; Global Marketing; Product Design; Innovation; R&D; Restructuring; Restructuring / Turnaround Strategies Case Study; Advertising Strategy; Work culture; Streamlining Product line; time to Market; Product Development Strategy; Empowering Design Department; Most Powerful Brand

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