Exploitation of Capabilities and Opportunities When Exploring Strategic Alternatives in R&D: Case Company
Jarva, Antti (2011)
Jarva, Antti
Kemi-Tornion ammattikorkeakoulu Lapin ammattikorkeakoulu
2011
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2011122119124
https://urn.fi/URN:NBN:fi:amk-2011122119124
Tiivistelmä
Jarva, Antti. 2011. Exploitation of Capabilities and Opportunities When Exploring Strategic Alternatives in R&D: Case Company. Master's Thesis. Kemi-Tornio University of Applied Sciences. Business and Culture. Pages 61.
The main objective of the Thesis is to analyze the Case Company and to construct strategic suggestions to stay competitive. The focus is on exploitation of capabilities and opportunities. Additionally, the Thesis investigates whether the efficiency of utilized resources could be improved further. The strategic suggestions and opportunities for improvement are meant to be beneficial also for the parent company.
The Thesis is based on a qualitative research approach. The successful research and development history with major technological shifts in the dynamic industry lay the foundation for this exploratory case study. The theoretical framework was obtained by relevant articles, books and studies. The empirical information was gained through interviews, observations and experiences of my own. The analytical framework comprises external and internal strategic evaluations. Analysis results include organizational strengths and weaknesses, industry specific and social opportunities, and threats. Strategic suggestions are formulated by exploring the most feasible strategic alternatives created. Opportunities for improvements are built for main weaknesses.
The results of this study show that the Case Company needs a strategy. It would motivate employees and increase entrepreneurship skills, in addition to specifying the long-term direction. The deployed bottom-up operative approach exploits knowledge of experts and develops organizational capabilities for the purposes of strategic management. According to the findings, the Case Company would be able to gain competitive advantages, for example, via service differentiation and customer collaboration. Furthermore, the management team would need relational capabilities and the role of human resource management could be emphasized.
Chapters are not published in their full length in the Library version, since the information in them is classified as confidential.
The main objective of the Thesis is to analyze the Case Company and to construct strategic suggestions to stay competitive. The focus is on exploitation of capabilities and opportunities. Additionally, the Thesis investigates whether the efficiency of utilized resources could be improved further. The strategic suggestions and opportunities for improvement are meant to be beneficial also for the parent company.
The Thesis is based on a qualitative research approach. The successful research and development history with major technological shifts in the dynamic industry lay the foundation for this exploratory case study. The theoretical framework was obtained by relevant articles, books and studies. The empirical information was gained through interviews, observations and experiences of my own. The analytical framework comprises external and internal strategic evaluations. Analysis results include organizational strengths and weaknesses, industry specific and social opportunities, and threats. Strategic suggestions are formulated by exploring the most feasible strategic alternatives created. Opportunities for improvements are built for main weaknesses.
The results of this study show that the Case Company needs a strategy. It would motivate employees and increase entrepreneurship skills, in addition to specifying the long-term direction. The deployed bottom-up operative approach exploits knowledge of experts and develops organizational capabilities for the purposes of strategic management. According to the findings, the Case Company would be able to gain competitive advantages, for example, via service differentiation and customer collaboration. Furthermore, the management team would need relational capabilities and the role of human resource management could be emphasized.
Chapters are not published in their full length in the Library version, since the information in them is classified as confidential.