Management Philosophies
Samsung Group
Samsung group is South Korean company headquartered in Seoul Samsung town. Samsung group comprises of many subsidiary groups that are under the Samsung group. Founded in 1938 by LeeByung-chull as a trading company, Samsung group has grown to diversify into insurance, textile industry, retail and security industries. Samsung entered the electronics industry in the 1960s. It has grown to be the leading manufacturer of cell phones in the world. Samsung makes more annual sales and profits in the communication industry than any other company. Samsung is a multinational company that has employed thousands of people in all the subsidiaries that it owns. This makes management a huge task. Samsung needs to incorporate management strategies that will enable it to manage the employees effectively. Effective management practices will ensure that the company grows since there will be minimal errors associated will poor management practices. Samsung should develop a management philosophy that will ensure that all the employees practice good management.
Constructivism
Constructivism is a management philosophy that Samsung group needs to incorporate in the organization. Constructivism is as a management theory explains the construction of knowledge in human beings (Leonard 2002). This happens when information comes to contact with existing knowledge developed by experiences. An early exposure and collaboration will help people to develop their skills towards management (Leonard 2002). Samsung group should ensure that their employees learn management skills through a process of knowledge formation....
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