Many a time, at industry gettogethers, I find myself in an awkward position–CEOs
of some of the most respectable names in the Indian industry come up to me and
ask, "How do you manage to run a super-successful company with so few
people?" Obviously, they are fresh from reading one of the stories that
publications often carry, highlighting our revenues, and our slim employee
headcount. Well, this article is actually not just a contribution to the
magazine, but to myself as well. Next time onward, I will just say, "Please
refer to Page #12 of the Dataquest issue dated September 15, 2002!" So what’s
the Formula X? The trick? The mantra? The answer is simple–Keep it Simple. I
believe that a company which gets the basics right fast will succeed in the IT
industry, for success and great performance are both dependent on this.
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Proactiveness: A leader needs to define the dynamics of the market,
and we keep innovating and improvising all the time, virtually forcing
competition to copy us. But a copycat can never be the leader. So Rule #1 is to
be proactive.
Products: Great quality products reflecting your technological
leadership. As far as products and technology are concerned, Samsung is seen as
an innovator. This is basically governed by the R&D focus that we have
globally. But do not underestimate the role of a subsidiary in new product
development. Remember, Glocal is the formula. Do not just throw up your hands
and say–"product decisions are taken only at the HQ".
Partnership: The best national distributors in the industry and the
best dealer network–both in quality and quantity terms–provide us with both
quality and depth of coverage and distribution.
Programs: Value programs to attract and retain channels and customers. Our
marketing programs are extremely channel- and consumer-friendly. Value++, an
annual consumer program, is considered a marketing breakthrough even by our own
subsidiaries in other countries.
Pull: Established due to the strength of our global parent company and brand
strength–and reinforced by our India-specific marketing activities.
Post-sales: We have the widest service infrastructure across India in
our field, and by far the most customer-friendly policies. Today, there’s no
other IT company that has comprehensive service policies and comparable
infrastructure. Samsung is a technology leader in the fields it operates in. And
therefore, we deliver best quality and cutting-edge tech products.
Process automation: We believe a lot in the Power of ‘e’–and are
perhaps the most e-savvy company in India. This has helped us manage countrywide
sales from one office in Delhi. Our entire supply and sellout modules are on the
Web.
People: The most important aspect of our success–if you do not have
great people, all the other Ps will get nowhere. We hire only the best–and
back it up with an HR system designed to retain these high performers. To have
successful and admired processes, you need good people. To deliver products, you
need people. To formulate and implement programs, you need people. To strengthen
partnerships and develop new ones, you need people. And because we have good
people, we have been successful.
It i s really simple; great processes implemented by the best people
will get you the best results–be it successful product launches, programs,
partnerships and sheer number performance.
JS JONG
The author is the executive director of Samsung Electronics India Information
& Telecommunication Ltd