With the deep analysis of the above alternatives, it is advised that the company should choose the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would allow the business to not only introduce brand-new and innovative items in the market it would also decrease the high expenditures on R&D under alternative 2 and increase the revenue margins. It would allow the company to increase its share prices too, as investors are willing to invest more in business with substantial R&D spending and boost in the total worth of the business.
Action and implementation Strategy
Strategy can be carried out successfully by developing particular short-term along with long term strategies. These plans could be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Dont Try This Offshore Commentary For Hbr Case Study must carry out various activities to execute its NHW method effectively. These activities are as follows;.
• Get the audit of its brand portfolio done, to examine the core selling brand names, which create most of its income.
• Analyze the current target market in addition to the market segment which is not consist of in the company's circle.
• Analyze the current financial data to measure the amount that needs to be invested in the R&D and acquisitions.
• Examine the prospective investors and their nature, i.e. do they want long term advantages (capital gain), or the want early profits (dividend). It would let the company to know that how much quantity should be invested in R&D.
Mid Term Plan (1-5 years)
• Acquire those organizations in which the company has potential experience to deal with. Obtain most favorable organizations with a strong commitment to health, to develop the customer's understandings in the right direction.
• Focus more on acquisitions than R&D to build the base in the customer's mind about Dont Try This Offshore Commentary For Hbr Case Study worths and vision and to avoid possible threat of sunk expense.
Long Term Plan (1-10 years)
• Acquire companies with health as well as taste element, as the base for the Dont Try This Offshore Commentary For Hbr Case Study as a company producing healthy items has actually been developed under midterm plan and now the business could move towards taste aspect as well to grasp the customers, which focus more on taste instead of health.
• Be more aggressive towards R&D than the acquisitions, as it is the significant time to construct new items.
