Forming a Strategic Alliance

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Business Finance

Description

In this assignment you are to assume the role of a senior executive of a large and highly successful organization in Saudi Arabia. The executive committee has directed you to collaborate with a global organization located in Europe in order to form a strategic alliance in your industry to gain an advantage over your organization’s fiercest competitor in the global marketplace.

Using the Saudi Vision 2030 as a backdrop for your analysis, you are to discuss the following:

  • Describe the various challenges that you could face by forming the alliance with the global organization located in Europe.
  • How might you apply prescriptive or descriptive decision-making methods to accomplish the alliance initiative. Fully justify your reasoning.
  • Evaluate the various decision-making methods that you might use to better insure the alliance will be effective against the competition.

Your well-written paper should meet the following requirements:

  • Be 5-6 pages in length, which does not include the title page, abstract or required reference page, which are never a part of the content minimum requirements.
  • Use Saudi Electronic University academic writing standards and APA style guidelines.
  • Support your submission with course material concepts, principles and theories from the textbook and at least two scholarly, peer-reviewed journal articles.
  • Review the grading rubric to see how you will be graded for this assignment.

Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early, and check back often to continue the discussion. Be sure to respond to your peers’ posts as well.

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Explanation & Answer

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Running Head: FORMING A STRATEGIC ALLIANCE

Forming a Strategic Alliance
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FORMING A STRATEGIC ALLIANCE

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Introduction
To grow and prosper as an organization, often, there comes a point where it is
necessary to find creative ways to develop and expand into new markets. Strategic alliances
are becoming increasingly popular and serve as a means for both organizations to increase
their capital and brand awareness, without experiencing significant financial impact and
spending extra time. As a senior executive of a large and highly successful organization in
Saudi Arabia, I was tasked with collaborating with a global organization in Europe to form a
strategic alliance in my industry to gain advantage over my organizations fiercest competitor
in the global marketplace. This paper thus applies Saudi Vision 2030 to address this.
Challenges of forming the alliance
Referencing the Saudi Arabia Vision 2030, whose aim is to reduce the country’s
dependence on oil by introducing a more diversified economic portfolio, there are some
challenges that we may face by forming this alliance. As much as the plan looks good on
paper, it is costly to realize hence affects organizations. For one thing, the number of oil
companies have been considerably decreased, (One Year On, Saudi Arabia’s Vision 2030
Encounters Problems, 2017). The plan’s focus on entrepreneurship and private innovation is
problematic. For this, our company needs a base of economic and social freedom which has
been erased by Saudi Vision 2030.
Well, looking into the telecommunication industry, trends over the years reveal that
Europe’s major telecommunication providers have faced grave strategic problems within
recent years, and several have had to survive financial crisis. As observed by The Economist:
Telecom’s Italia woes – a decline in core fixed-line revenues, slowing growth in mobile
telephony, a growing threat of upstart competitors, government intrusion and huge debts- are

FORMING A STRATEGIC ALLIANCE

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common to its dinosaur-like peers in other European nations. These are some of the issues
that may affect this strategic alliance.
There are also concerns relating to intellectual property rights that includes copyright
protection, trademark, patent, and technology transfer. Intellectual Property Rights laws are
very protective in European countries. Sa...


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