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... In the case of Samsung, top management consisted of traditional and, somewhat, narrow-minded individuals who refused to take a deeper look into many important aspects of the business. ... When the fairly young Lee Kun-Hee took over Samsung, he realized a reengineering of the company’s management approach, strategies, processes and investment priorities was in order. ... It also enabled the top executives to get a better understanding of Samsung’s positioning in relation to other firms.
The restructuring of Samsung was not initially accepted by many of the firm’s top managers.
Approximate Word count = 405 Approximate Pages = 1.6 (250 words per page double spaced)
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