Strategic Alternatives and Inplementation Essay Example | Topics and Well Written Essays - 750 words

Strategic Alternatives and Inplementation - Essay Example One of the most important advantages that the firm will be able to derive from this strategic step would be to focus on its core competencies. By outsourcing tasks such as the installation of meters as well as monitoring functions, it will be able to direct its energies in effectively forecasting the demand and upgrade its capacity to fulfill the future demands that may arise due to increases in population. However, the formation of strategic alliances may result into the dilution of control of the organization over certain of its functions and it may be forced to continue its strategic alliances in order to continue to enjoy such services. What is also significant to note that the firm may not develop its internal competencies to cope with such type of problems. Process Re-engineering is another important strategic alternative that the organization needs to perform in order to control different activities and their overall impact on the performance of the firm. It seems that the different tasks that are performed within the organization are relatively inefficient and does not lead to the achievement of the overall strategic objectives of the organization. Since the organization faces certain constraints such as non-availability of the indigenous workforce as well as lack of effective HR policies and procedures, therefore, a process- re-engineering will be an effective method to radically modify the existing systems and procedures. Process Re-engineering will allow the organization to revamp its various systems and procedures and redesign the same according to its existing capabilities and resources. It is also significant to understand that the implementation of this strategic alternative shall take place in a phased manner with the introduction of the change management process at the organizational level. Achieving the full-time commitment of the top management of the firm is another important step that needs to be completed before the formal initiation of the process. Further, the firm must also identify the different processes that need to be modified in order to achieve the overall increase in the efficiency of the organization. The identification of the processes, however, needs to be done on an enterprise-wide level with more focus on re-engineering the core activities of the firm. The design phase shall include the re-designing of the activities according to the best practices.