strategic allai msa nmims
TRANSCRIPT
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Course: Managing Strategic Alliances
School of Business Management, NMIMS UniversityTrimesterV:20092010
____________________________________________________________________________
Instructor:Prof.P.K.Balakrishnan/Prof.Srinivasamurthy/Prof.Som Bhattacharya/Dr.Bala
krishnamoorthy/Dr.Scalem
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OverviewGlobalizationofbusinesshasbeenoneofthedominantcharacteristicsofthepasttwodecadesbutwill
develop even faster in the future.Many companies from developed & developing countries have
becomemultinationalplayers seekingmarketopportunitiesacrossnations.Globalizationhasbecome
thecornerstoneof firmsoverallbusinessstrategies.Globalization isno longerabusinessoptionbut
alsoapartofeffectivecorporatestrategizing. Inotherwords,presentbusinessstrategy is increasingly
global. Todays global scope of business is markedly different from yesterdays business pattern.
Howeverpresentlynumerousgoods&servicesareavailableacrossborders,eveninthosecountriesthat
wereclosedmarketsofcomm&economies.
TheGlobalStrategicAlliance(GSA)hasbecomeapopularvehicleforMNCstoexp&globally&improve
theirglobalcompetitiveadvantage.Throughsemiconductor300,Siemens&Motorolaeachgainmore
thantheywouldbyworking individually.GlobalStrategicAlliancesareCROSSBORDERPARTNERSHIPS
betweentwoormorefirmsfromdifferentcountrieswithanattempttopursuemutualintereststhrough
sharingtheirresources&capabilities.GlobalStrategicAlliancesaremorecommonlyknownasstrategic
Collaborationor
partnership
or
Joint
ventures.
Broadly
there
are
two
basic
types
of
GSAs:
equity
Joint
ventures or cooperative (or contractual)joint ventures. Although GSAs take several forms but they
alwayssharecommonrationale,whichwewillstudyduringthecoursework.
Thecoursespecificallycoversthefollowingtopics:
GlobalStrategicAlliance(GSA) Rationale/Motives forGSA TypesofGSA ChallengesInvolvedforasuccessfulGSA BuildingGSA NegotiationofGSAcontract StructuringofGSA ManagingGSA ThinkingAheadofExitorGSAdivorce
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Courserequirements
Thecourse iscasebased&foreachcaseassignmentquestionshavebeenprovided. Thesequestions
are expected to guide you in preparing for the class& lead discussion. For each session a r&omly
selected groupwillbe required to lead thediscussionormakeapresentation. This courseattaches
significantimportance
to
team
effort
in
the
process
of
evaluating
options
&
arriving
at
decisions.
Based
on theclassdiscussiongradeswouldbeassigned toeachgroup. Whileassigning thegrades toeach
participanther/hisparticipation in groupprocess&attendance recordwouldbe taken intoaccount.
Eachgroup isexpectedtobeconsistingof5participants&theGroupselectedtopresentthecasewill
submitaonepagereportoftheiranalysis,application&learningattheendofthecasediscussion.
EvaluationTools
DetailsofevaluationtoolsofGSAcourse.
Casepreparation&presentationinclassbyeachgroup(10%):
DecisionSheets (20%): Sixcaseswillbeassignedforsubmissionofdetaileddecisionsheetduring
thecourse.Eachdecisionshouldaddress:
keydecisionquestions, group'skeydecisions&rationale, identification&assessmentofriskfactors, negative&unintendedconsequences, Howthegroupproposestoaddresstheseconsequences.
1. CaseWriting/Analysis(30%):Eachgroupwillberequiredtoidentifyacompanytowrite/analyzeacase
depicting
astrategic
market
Expansion
situation
&
the
case
writing
should
focus
on:
origin&genesisofabovesituation keydecisions&choicesthebusinessfaces FDIenvironmentinIndia financial&StrategicPartnerrequirement Modus,decisionmaking&implementation outcomes&performance challengesfacedtoday&whatisthewaytogoforward
Evaluation
Grouppresentations
of
cases
10%
DecisionSheetsSubmission 20%
MidtermSubmission(Group) 30%
Endtermexamination 40%
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Read CollaborativeadvantageTheArtofAlliance:HBR
Content LocationSpecificcapabilities FindingCompatiblePartners Negotiatingprocess&ContractualprovisionsStructuring
of
GSA
&
Managing
performance
assessment
Case HPCiscoAlliance(A)&(B)
9,10&
11
Topic BuildingGSA
Read TheWaytoWininCrossBorderAllianceHBR
Content KeyIssuesunderlyingbuildingGSA CompatibilityofGoals/Complimentarityofresources/Cooperativecultures/CommitmentCapability
Case InnovationWithoutWalls:AllianceManagementAtELILILLY&
Company
12,13&
14
Topic Negotiatingalliancecontract&StructuringtheAlliance
Read Use Joint ventures to ease the pain of restructuring: HBR
Case Shanghai General Motors: The Rise of A Late-Comer
15,16
&17
Topic Managing GSA/ Thinking Ahead of Exit
Read Building & Managing GSAs
Case CorningIncorporated:AnetworkofAlliance/TheBreakUpoftheRPG
DFIJointVenture
Detailsofsessions18to20willbegivenseparatelyintherevisedcourse.
References
1. GlobalBusinessAlliances:Theory&PracticebyReficCulpan(PennsylvaniaStateUniv.)2. DevelopingStrategicAlliances(CrispProfessionalSeries)byEdwinRichardRigsbee3. AllianceAdvantage:TheArtofCreatingValueThroughPartneringbyGaryHamel 19984. IntelligentBusinessAlliances:HowtoProfitUsingToday'sMostImportantStrategicToolbyLarraineD.Segil
5. HarvardBusinessReview binderonstrategicAlliances