CHAPTER 3

Internal Strategic Alternatives

STRATEGIC ALTERNATIVES are normally viewed as initiatives that are external in nature. Mergers and acquisitions and outsourcing are well publicized and make headlines in major business and industry periodicals. There has been a growing preference toward external Strategic Alternatives that is validated by the growth in the value of mergers as well as the size of outsourcing contracts. Yes, these external means are important and are viable ways to execute against a strategic plan. Yet these alternatives need to be looked at carefully as their effectiveness is not conclusive. On the other hand, internal SAs have taken a backseat in terms of visibility and priority. Internal initiatives, or efforts where ...

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