I recently visited the Samsung headquarters where there’s the Samsung Innovation museum in Seoul, South Korea. From a humble start, Samsung is now the #1 chip manufacturer, Memory, TV. Their slogan ‘CHANGE EVERYTHING’ transformed the company’s failing trajectory. For my fellow entrepreneurs or business owners, here’s a summary of their SUCCESS DRIVERS:
1. Commitment to R&D: Samsung innovates aggressively: They have made heavy investments in R&D – $13.7b in R&D in 2014.