Strategy Innovation & Change - Critically evaluate the alliance Essay

Strategy Innovation & Change - Critically evaluate the alliance between Avebe and Noveon. What does this case show us about strategy as a process and its imple - Essay Example is a holistic approach that is adopted by organisations in planning the future course of business and as Mintzberg points is out, â€Å"strategies are both plans for the future and patterns from the past† (Mintzberg, 1987, P. 67). Of the various methods that organisations generally adopt in order to manifest strategic success, strategic alliance is very popular, and as Kanter propounds, â€Å"business alliances are living systems, evolving progressively in their possibilities† (Kanter, 1994, P. 97). She further suggests that â€Å"relationships between companies begin, grow, and develop – or fail – much like relationships between people† (Kanter, 1994, P. 99). This essay will focus on the strategic alliances and their conceptual tenets. This essay will focus on the strategic alliance that was struck between Avebe and Noveon in March 1995, and was terminated in September 1999. It was observed that the alliance was based on shared-supply as they joint ly developed a product but marketed it independently (Dussauge & Garrett, n.d., P. 63). When companies wish to enter into a shared-supply alliance, comparative analysis of core competencies is indispensable in evaluating technological and other resources-related compatibility and thus helps in anticipating the outcomes of such alliances. Generally firms also take into consideration the mutual competencies in terms of marketing as well in order to project the future prospects of the novel products, if any, that are focused on developing. While conducting an internal appraisal, organizations should also consider their cultural aspects and try their best to enhance employee-involvement so that they are properly aligned with strategic objectives. Das and Teng suggest that â€Å"the first stage in forming alliances is the selection of partner firms† (Das & Teng, 1999, P. 56-57). Prior to formulating any organizational strategy, the management should take into consideration the external business environment as these

How IT improves managerial role Essay Example | Topics and Well Written Essays - 500 words

How IT improves managerial role - Essay Example The new model of management suggests ways of flattening the organization structure, streamlining its processes, and speeding up its feedback systems in order to help produce these continuously improving results. This essay will examine how IT improves the managers’ performance. To meet the demanding expectations of a good model, an agency requires a great deal of complex data that is timely, complete information about both processes and outcomes. The model also requires that the organization have the ability to act promptly on that information. These requirements can be met only by agencies that take advantage of recent developments in information technology. Today’s companies are much larger and complex. They most likely manufacture, service, and finance what they sell. They also operate in complex, fast-changing, competitive, global environments that can quickly turn competitive advantages into competitive disadvantages. If I am given managerial roles I will ensure that I integrate information technology in the accomplishment of organizational aims in an effective and efficient approach through planning, organizing, leading, and controlling organizational assets. The type of information am likely to deal with is on how to set annual budgets for the entity, analyzing financial information and statistics of the firm, managing staffing and recruitment levels, deal with customer complaints, and make risk assessment and health safety checks. In all these a manager can integrate IT to make his work easier for example in preparing the budget he can use applications which makes it possible to prepare budgets quickly. The manager can post performance information on intranets, making weekly and even daily information available for decision making at all levels. Coordinated service system requires coordinated information streams. Integrated information system not only increases client satisfaction but more imp ortantly increases the agency’s ability to