Competitors of Medical Healthcare

VENTURING SECTION 4

TCS guest from Toronto next week

Next Week 3 minutes presentation -> February 9, Final March 29

1- BIRKINSHAW: Sub. Initiatives:

• She was a PhD student in Ivey.

• Classificatio of SI

• How to Structure/ Control Subs for SI

• There is no specific theory and inductive

• Knowledge based theory -> you are making them aware of the opportunity and the learning from outcomes -> Communication type of stuff is important.

• High autonomy -> I need to have a freedom to experiment

• High communication -> I need to prove

• DANGER: Subsidiary Isolation !! due to subsidiary imitativeness! Cost of integration.

• Local failures can became global problems ->

2- AMBOS: Consequences of Subsidiary Initiatives:

• Past Initiative /Creation -> HQ Attention: More nurturing, HQ Monitoring: Trust issue, we are not trusting you

• HQ Roles

• Power At Centerstage (Resource Dependency Theory -> used mostly for external relations but it is applied internally)

• Putting responsibility of HQ -> Successful initiatives would managed/manipulate HQ

Assess The Situation:

• Issues&Concerns

o Existing responsibilities

 Maintenance

 Managers Autonomy

 Lack of Standards

 Depreciation -> COST CONCERNS

 Supplier Intelligence

 Product: Freshness

o New Challenge (green thing)

 How to differenctiate?

 Competing

 Changing Regulations

 Lack of Standardation -> which level of Leed?

 Sourcing -> Equipment and Maintaining it for the new stores, electricity may not fit (power outage)

Options