Father of Samsung: Lee Byung-chul

Author: Wen Dashi (Korean) Wen Dashi Hou Qimei
Publisher:
Publishing Date: 2005-09-01
Features: Using the right strategy, selecting the right people, the first public disclosure of Samsung's choice of Lee Byung-chul as its successor and the core strategy for becoming a century-old enterprise. 'All of this comes from the dream of the book's protagonist, Mr. Lee Byung-chul, 67 years ago, and his unique business wisdom. Samsung Group is South Korea's largest conglomerate, including 26 subsidiaries and several other legal entities. It has established nearly 300 legal entities and offices in nearly 70 countries and regions, with a total workforce of 196,000. In 2003, Samsung Group's revenue was approximately $96.5 billion, equivalent to 10% of China's annual GDP. Samsung has nearly 20 product categories with the highest market victory rate in the global market, demonstrating its strong strength in the international market. Taking Samsung Electronics as an example, the company has won numerous awards in the annual Industrial Design Awards of the Industrial Design Society of America for many consecutive years, becoming the most awarded company. These prove that Samsung's design capabilities have reached a world-class level. In 2003, Samsung obtained 1,313 patents in the United States, ranking 9th among all companies in the world. Dedicate time and passion to what you think is important! Lee Byung-chul, with his unique style, created the global giant Samsung. He always focused on the most important things, pursued ultimate perfection, and constantly engaged in self-reflection to avoid repeating mistakes. He fought his whole life, and his efforts are the biggest driving force behind Samsung's resilience today. —Excerpted from "Author's Words" Lee Byung-chul, the "Father of Samsung," a Korean entrepreneur deeply respected by global CEO Jack Welch, was the one who built Samsung and instilled it with genes for longevity. What was once a small fruit stall has become a multinational company with an annual output value of $100 billion. This book tells the story of the Korean business guru, from starting from scratch to leading Samsung to become a world-class enterprise, sharing his business wisdom. Open this book, and you will learn the true essence of running a business!