With the deep analysis of the above alternatives, it is suggested that the business needs to select the alternative 3 in order to keep a competitive position in the long run. As the alternative 3 would allow the business to not just 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 earnings margins. It would enable the business to increase its share costs too, as financiers want to invest more in business with substantial R&D costs and boost in the total worth of the company.
Action and implementation Strategy
Technique can be implemented successfully by establishing particular short-term in addition to long term strategies. These strategies might be as follows;
Short Term Plan (0-1 year)
• Under the short term plan Venture Capital At The Harvard Management Company In Historical Perspective need to perform different activities to execute its NHW method efficiently. These activities are as follows;.
• Get the audit of its brand name portfolio done, to examine the core selling brand names, which create the majority of its revenue.
• Analyze the existing target market along with the market segment which is not consist of in the company's circle.
• Analyze the existing financial data to measure the quantity that must be invested in the R&D and acquisitions.
• Examine the potential financiers and their nature, i.e. do they want long term benefits (capital gain), or the want early earnings (dividend). It would let the company to understand that just how much quantity should be invested in R&D.
Mid Term Plan (1-5 years)
• Obtain those companies in which the business has possible experience to handle. Obtain most beneficial organizations with a strong commitment to health, to develop the customer's perceptions in the ideal direction.
• Focus more on acquisitions than R&D to construct the base in the customer's mind about Venture Capital At The Harvard Management Company In Historical Perspective values and vision and to prevent prospective danger of sunk expense.
Long Term Plan (1-10 years)
• Obtain companies with health along with taste factor, as the base for the Venture Capital At The Harvard Management Company In Historical Perspective as a company producing healthy products has been constructed under midterm strategy and now the company might move towards taste factor as well to comprehend the consumers, which focus more on taste rather than health.
• Be more aggressive towards R&D than the acquisitions, as it is the substantial time to build new items.
