MANAGING in the

NEW WORLD

n spite of being a global giant, Samsung has restructured its organizational structure to reflect a sort of startup environment where agile business innovation is encouraged. The hierarchical set up is to be eased out to afford quicker decision making. The ideation process is also to be speeded up where anyone with a good idea may put forward a proposal on top of the idea box irrespective of designation. Also meetings are to be reduced and reports simplified. Flexibility in work timings are also expected on completion of eighty years of the South Korean conglomerate’s existence.

Source: http://m.pulsenews.co.kr/view.php?sc=30800021&year=2016&no=224054

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