Case Study: Grand Stratgies

From the case study Philips are moving toward a new technology toward achieving long-term business objectives, through discovering new services and product to offer to customers and conduct matured tested before reaching to the market place. To a business moving toward a basic direction, for the success of the organization, the business can adopt Grand stratgies.Grand Strategies help the business to move toward strategy direction, it is bases on coordination and continuous effort directed toward attaining long-term business objective. This principle will include concentrated growth, market development, product development, innovation, concentric diversification or conglomerate diversification.

Concentrated growth can be defined as a strategy that firm can direct resources toward a profitable growth of a leading product or a dominant technology. This strategy can thoroughly develop and exploit different opportunity toward a narrow distinct competitive arena. The company will achieve superiority toward other competitors, thus the market can create the abilities
The plan involves in the reorganization to serve the agreement between corporate and spin-off and required both agreements from the board of directors. The procedures include the transferring asset and liabilities from one company to another, how shares are going distributed and payment date. Shareholders will be inform to vote for the plan, as a copy of agreement and plan will send to them as a proxy statement. Thus after the proxy statement and prospectus of the plan will reorganise both balance sheet and income statement and asset and liabilities are divided among two companies. Finally both companies will register statement as share has been divided and a copy will send to Securities and Exchange Commission and