Ethical Ethics Of Samsung

1909 Words 8 Pages
When looking at established company’s such as Samsung, the focus looking forward should be steered at the development through multiple forms of continuous learning. Advancement through innovation and the knowledge internally at Samsung is critical in increasing their power of business and above all by educating their customer base through the sustainable practices that they employ for the better of society as a whole. When looking into the future, a combination of economics and people’s concern for society are important catalysts in the direction of the company. To add, technological innovation is not simply a matter of installing devices, but of transforming society and its value systems (Sagasti, 2004). Thus, while developing future technologies …show more content…
(USAID, 2004). Ethical steps that go into extracting minerals is taken very seriously at Samsung and supports the ban of conflict minerals. To achieve the safest working conditions possible they have provided commitment throughout each step of the supply chain and joined together with their respective suppliers. Further, through training programs provided by Samsung, the uncertified smelters are recommended to become certified with the desire of recognition on the issue. The intent is structured to administer a legitimate and ethical distribution process for all of the minerals that are extracted in the process of developing their product. Moreover, the use of conflict minerals have of late been banned by the United States and organizations such as Samsung have put together investigation teams by conducting annual audits on their use throughout the supply chain to stay on top of the ethical extraction process. Henceforth, importance of global collaboration is significant in avidly working to be responsible to help ensure the replacement of non-controversial minerals. Water resource management strategies have been put into effect as a result of the issue pertaining around substantial water shortage across the globe. However, adequate water storage facilities and the construction of dual …show more content…
Encouraged throughout the entire company, success has been achieved through working closely on maintaining every relationship and will be vital in their sustainability moving forward. Moreover, innovation remains a top priority and stems from the creation of thriving workplaces for people no matter what country they are located. For instance, achieving sustainable growth in the uncertainty of the global business environment, Samsung recognizes and values the individuality and diversity of its members. Thus, uniting all members of the organization the management at Samsung must display strong leadership by carrying out their share of the vision and goals of the company in order to maintain and sustain the growth. Furthermore, HRM systems and their performance have been collectively agreed among researchers that the link between each other possess a positive correlation. The majority of researchers have come to agreement on the positive link between HRM systems and their performance. Provided that, Samsung concludes that they must establish a set of clear standards and work processes in order to promote the long-term globalization and continued growth. Therefore, sustainable development is the structure HR management basis for all avenues and back in 2003 they pioneered the adoption of a global standard HR

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