User talk:Prof A. Roy INDIA

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[http://www.example.com link title]MANAGEMENT STRATEGIES Prof.Jauch and Prof.Glueck Laid down the 5 Strategies of Management Strategy which they called as GRAND STRATEGIES-1-Stability 2-Combination-Mergers/Aquisitions/Joint Venture/Alliances/Licenses/Franchises etc.3-Divestment/Disinvestment/Sell-Off 4-Diversification-Multiple areas of Business Domination viz.GE,GM,HUL,P&G,etc.5-Consolidation.The Best option is Diversification and the worst option is Divestment sell off's.An average Indian Company is so much diversified that it makes 17 products.It must focus more on core competancy which in 1993 Prof CK Prahlad and Prof Gary Hamel of the University of Michigan had put it as Cannon has competancy in Optical Lenses,Honda has Competancy in Engines,Suzuki had competancy in mobikes but later diversified into small cars whereas TATA's had competancy in Steel which later diversified to Tata Consultancy Services TCS information Technology and later to TATAINDICOM communication technology to TATA SALT in FMCG sector to TATA MOTORS in the making of Trucks,Tata Indica,Tata Indigo,Tata SUMO-SUV-Sprots Utility Vehicle,Tata ESTATE,TATA SAFARI.More than anything else we are living in a third wave world of networking characterised by the 5-I's of Globalization given to us from Prof.Micheal Porter meaning thereby the 1-Investment=FDI+FII,2-Individual Consumer=IC,3-Industry=China is the Industrial/Manufacturing Capital of the World,4-Information Technology=India is the software capital of the world