Samsung Needs No Steve Jobs as Low-Profile Mobile Chief JK Shin Showcases Galaxy

Samsung Needs No Steve Jobs as Low-Profile Shin Showcases Galaxy

Samsung Electronics Co. will hold a very Apple-like event to unveil its latest smartphone in New York today. The Korean company will take the wraps off the Galaxy 4S at Radio City Music Hall and stream the event live on video screens in Times Square.

Samsung has no Steve Jobs, however. Instead, the person hosting the festivities will be J.K. Shin, the company’s low- profile head of mobile.

Shin can’t compare with Jobs, the Apple Inc. (AAPL) chief executive who set the standard for product introductions, dazzling audiences with crisp presentations honed over weeks of rehearsals. The Samsung executive, who favors blue blazers and tan slacks in contrast to Jobs’s jeans and black mock turtlenecks, tends to let devices take the spotlight. Still, any lack of charisma on Shin’s part isn’t hurting Samsung, which has surged past Apple in the global smartphone market.

“Over the last four or five years, Samsung has done a great job in stealth mode without a Jobs-like figure to help them,” said Tim Bajarin, president of technology consulting firm Creative Strategies. “Without a lot of fanfare, they’ve just made great advances and taken a strong position in the market.”

Shin introduced the previous version of the flagship phone, the Galaxy S3, in London last year during a press event that featured the London Metropolitan Orchestra and soaring floor-to- ceiling video displays.

Jobs ‘Benchmark’

Shin, for whom English isn’t his first language, pulled the Galaxy S3 out his coat pocket during the presentation, saying in an understated manner, “This is the moment the world has been waiting for.”

“Steve Jobs is the benchmark,” said Carmine Gallo, a communications coach and author of “The Presentation Secrets of Steve Jobs.” “He elevated the art of presentations in a way to take your breath away, inspire, educate, entertain and even make people feel better.”

Shin lacks the polish of Jobs, who “would practice relentlessly” and once rehearsed on stage for “four hours straight to get an element of a presentation just right,” he said.

Still, Samsung is well-versed in the heavy production work that goes into product debuts, and Shin isn’t hindered by a language barrier, he said.

“Charisma isn’t about language, it’s about emotional connections,” Gallo said.

Design ‘Crisis’

Shin, who oversees all aspects of the Galaxy products including design, is also keenly aware of the threat posed by Cupertino, California-based Apple — which took an early lead in smartphones after its 2007 introduction of the iPhone. The popularity of iPhone’s user interface caused Samsung to suffer a “crisis of design,” according to a February 2010 internal memo unearthed during court proceedings last year.

“For a business leader in the U.S., charisma is a requirement,” said Roger Entner, an analyst at Recon Analytics in Dedham, Massachusetts. “In South Korea, it’s not even on the list, but execution is. Execution is high on the list.”

By 2012, Samsung surpassed Apple to become the world’s largest smartphone maker. Samsung had 29 percent of global smartphone unit shipments in the fourth quarter, compared with 21 percent for Apple, according to data compiled by Bloomberg.

Unlike Jobs, who combined product design finesse with a talent for pitch-perfect marketing, Shin is an effective behind- the-scenes manager, said Richard Doherty, principal at technology consulting firm Envisioneering Group.

Shin “sees the world through a product lens in a product- focused design environment,” Doherty said. “Clearly, there is no other Steve Jobs, not even at Apple these days.”

To contact the reporters on this story: Scott Moritz in New York at smoritz6@bloomberg.net; Cliff Edwards in San Francisco at cedwards28@bloomberg.net

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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