Leadership Theory Of Samsung

Company has established an effective relationship with its stakeholders and treating everyone through diverse techniques. Samsung is periodically meeting the demands of its shareholders where significant judgments are made and problems are discussed. For instance, strengthened compliance management organization has started and operated a healthcare study center. Company has a direct connection with their consumers and employees through making client satisfaction surveys to make a healthier costumer relation service. It also is creating employee surveys that made the company to improve the work shift system to reduce work ours. Samsung has also contributed in government policy formulation, which assisted to make an Energy management system that decreases its energy consumption by 10% (Samsung.com (3), 2015).

Path-goal theory emphasizes the association between the style of a leader and the features of the subordinate and the work setting. Path-goal theory can be break down in smaller units. After dividing it in smaller units, we can discuss Donald Trump’s leadership approach according to path-goal theory more effectively. Moreover, these smaller units are Leader behavior (Directive, Participative, Achievement Oriented and Supportive), characteristics of a subordinate, task characteristics and motivation.

Second, the Human Resources promotion policies have shifted from their more traditional structure (seniority) towards a meritocratic system where highly skilled managers can be promoted as soon as eligible. Samsung has also heavily invested in employees’ global business skills through various internal mobility and specializing programs. All these employee centric advancements ultimately drove innovation in product design and process efficiency higher than its competitors.

There are a number of theories that can be employed by the leaders in different organization. The first theory is the direct leadership theory; this is a type of leadership where leaders are mainly concerned with the productivity, the outcomes, and efficiency. The leaders use the action-and-outcome approach to get the goal achieved. The leader is less concerned in the aspect of creating a rapport between the employees. This theory can work best organization which is global, since the employees do not directly relate with their leader. The second leadership theory is the supportive

Due to the path-goal theory being such a broad theory, it encompasses four different styles of leadership. The four leadership styles included are directive, supportive, participative, and achievement-oriented leadership. A directive leader under the path-goal theory will focus on their expectations that they have laid out for their employees, they will provide clear direction and believe that they have more power and information that their subordinates. Under a supportive leader, you will notice that they are concerned for their employees and their needs but also stresses the importance of the organizational tasks at hand. An achievement-oriented leader will focus on seeing their employees achieving results in their job. As mentioned in the Stojkovic book, the leader in this scenario “expects that workers will attempt to do their best and that if goals are set high enough and subordinates are properly motivated, they will achieve those goals.” (Stojkovic, Kalinich & Klofas, 2012, p. 203). Last but not least we have participative leaders, this style of leadership emphasizes collaboration between the leaders and subordinates, they feel they have equal power to their employees and will work with them in order to complete a task.

The theory I chose to analyze and discuss is Path Goal. The Path Goal theory generally is about how a leader motivates subordinates to accomplish designated goals.The main focus on the Path Goal theory is to define the goals, designate the path that you are going to take, remove and overcome any obstacles that may arise and finally provide support. The main components of Path Goal Theory consist of leader behaviors, subordinate characteristics and task characteristics. Leadership behaviors are comprised into four components: directive, supportive, participative and Achievement oriented. Directive leadership is when a leader sets clear standards of performance and makes the rules and regulations clear to subordinates. Supportive leadership consists of being a friendly and approachable leader. In case a staff member needs your assistance they can come to you with no hesitation. Participative leadership is when the leader allows for input from subordinates and is not focused solely on their ideas. Last, achievement orientated is when a

My leadership philosophy is consists of multiple leadership theories. Leadership theories can be leader-centered or follower-centered. Leadership theories focus on the leader’s personality and skill abilities. The psychodynamic approach is most similar to my leadership style because of its focus on personality. My leadership style is directive and task oriented. There are certain weaknesses in my leadership style which I know I can improve on. By incorporating the knowledge I have gained through this course I plan on applying the contingency theory to refine my leadership skills. The path-goal theory’s main emphases is on the relationship between the leader and follower which can help influence your subordinates. As a follower, I feel the relationship between the follower and the leader is tremendously important in the work environment in order to be able to complete tasks efficiently which is described in the leader-member exchange theory. In this essay I will describe my leadership philosophy which is comprised of the contingency theory, the path-goal theory, the leader-member exchange theory, and the psychodynamic approach theory and present a plan of action to improve my leadership and motivation skills.

The contents and assignment in this course has helped me understand the various theories of leadership and how different leadership styles can have a negative or positive effect on followers and organizations. The leadership theories helped me understand the concept of leadership better because it educates me on the different leadership options that are available. Leadership and followership is not based on specific characteristics. Leaders must draw from things and approaches to find the right style. A follower’s attitude determines the way a leader leads. According to Johnson (2011) “Being a good follower means ensuring your boss is supported, but only if he is making optimum decisions”.

Today Samsung has evolved into a group of companies unmatched by others in its range of industries and performance. It is now globally focused and responsive to the needs of each market, and more committed than ever to true innovation. The group’s three core business sectors are electronics, finance and trade and services.

The evolution of the world has left nations with an ever changing business environment which keeps companies on their toes.With the technological advancements as well as changes in demographic, many companies have to rapidly change the way they react to these changes in order to stay relevant in a competitive environment (Jovanović, 2015). Samsung has adapted to today’s business through adopting Western business practices into its Japanese system as well as digital technology(Khanna, Song & Lee, 2011).The role of management in today’s industry has rapidly changed from the role of a manager imposing restrictions to an organisational tool, not only for a company but personally as well (McCrimmon, 2010).Management system used in Samsung during the S-level recruitment program proves the importance of managerial ranks as well as an organised system(Khanna et al, 2010).

Leadership has been studied from a wide range of perspectives and thus it means different things to different people. Some people view leadership as the focus of group processes, some others view it from a personality or skills perspective, to some others leadership is an act or behavior, some school of thought describe leadership in terms of power relationship while some view leadership as a transformational process (Northouse, 2012). Looking at the various definitions of leadership, there are various terms that are important; including the fact that leadership is a process that involves influence and the attainment of a common goal, and usually occurs in the context of a group (Northouse, 2012). The path-goal theory is one of the

Research findings on Robert House’s Path Goal Theory are basically on the relationship between the leader’s style of leadership and the outcomes of the

Company Background: Samsung is a South Korean multinational company those starting its business as a small trading company and right now becoming world largest corporation. The company deals with its business in several sectors such as advance technology, finance, petrochemical, semiconductors, plant construction, skyscraper, medicine, fashion, hotels, chemical and others. The company was established in 1969 in Suwon, South Korea and known globally for its electronic products (Kelly, 2011). The company is manufacturing several latest technologies, electronic appliances such as mobile phones, tablets, laptops, TVs, refrigerators, air conditioners, washers and other products. The company runs its operations and sales its products in 61 countries with approx 160,000 employees in all over the world (SAMSUNG, 2014). Moreover, the company acquired the position of the world biggest IT maker in 2009 by beating the Hewlett-Packard (HP) previous leader. Its sales revenue in the segment of LCD and LED is the highest in the world. Furthermore, Samsung also becomes world leader in the segment of tablets, mobile phones and gadgets.

He highlighted that importance of conversations between managers and employees which is not used to exist among past Korean enterprises.

In my conclusion, I would like to emphasize that SAMSUNG has a quite distinctive way to carry on its business. From the part of visible aspects, it has a different way to build up its image by emphasizing the blue color, while other competitors such as SONY and APPLE focus on the shape of logos to do the same thing. From another aspect of organizational culture, the invisible aspects, we can find its effort to be adjusting well to a society where the organization affects. It tries to contribute its profit to the society by offering an educational service, a welfare service and even some public performances and so on. Although, it has been obvious that such a large co-operation company like SAMSUNG has a responsibility to contribute its profit to make the society better, SAMSUNG`s profit contribution policy is very well-organized so, it can be a very own aspect that SAMSUNG has. Lastly, its managerial structure has an incredibly unique way to communicate to each other and get a new idea from people. It has a very strict hierarchical structure that is carried out by people in the organization all the time, but