When Samsung Electronics named
Yoon-Woo Lee as vice chairman and CEO a few months back, we were hoping that all that rioting and poster burning
would subside. Although we haven't heard of any more breakouts of late, things are apparently still rocky
on the inside. Lee Soo-Bin, chairman of Samsung Life Insurance and current representative for the Samsung Group, admitted that "without a captain or rudder, Samsung now faces a complex crisis, with each unit meeting cut-throat competition independently." He continued to say that the group "was able to ride out a previous crisis together thanks to former chairman Lee Kun-Hee's strong leadership and the guidance of the Strategic Planning Office, [but] now it could not do so." From the outside looking in, it's a bit tough to really understand what he's getting at, but whatever the case, those are most definitely not
the words you want coming from the mouth a head exec.