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Therefore, the account of threats to Samsung rendered above yield several important recommendations. Particularly, in spite of the many valid reasons for its relative freedom over the course of Samsung's history, the time has come for the firm to more toward greater transparency and a better adherence to international expectations of structural normalcy. Samsung's new leaders must make as a priority at this juncture the simplification of the company's ownership strategies and investment in convergence to international financial reporting standards.
Additionally, internal changes must be made to demonstrate that there are consequences for acts of ethical divergence. This should include the improvement of communication of ethical standards, the creation of procedures and protection for potential whistleblowers...
Even as legal challenges persist, Samsung would be far better served in attempting to copy Apple's model of market intuition rather than its actual product output.
Works Cited:
Economist. (2009). Succession at Samsung. Economist.com.
Olsen, K. (2008). Samsung Chairman Resigns Over Scandal. Associated Press.
Price, E. (2011). Samsung's Lawyers Unable to Tell the Galaxy Tab and iPad Apart. TechnoBuffalo.
Roumellotis, G. & Kreljger, G. (2011). Samsung Loses Dutch Bid to…
Works Cited:
Economist. (2009). Succession at Samsung. Economist.com.
Olsen, K. (2008). Samsung Chairman Resigns Over Scandal. Associated Press.
Price, E. (2011). Samsung's Lawyers Unable to Tell the Galaxy Tab and iPad Apart. TechnoBuffalo.
Roumellotis, G. & Kreljger, G. (2011). Samsung Loses Dutch Bid to Ban Apple Products. Reuters.
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