Strategic Alliance Essay Example | Topics and Well Written Essays - 3000 words

Strategic Alliance - Essay Example Nike is one of the largest and most popular athletic footwear company, but it not manufacturing even a single shoe. Similarly, Boeing is one of the biggest aircraft manufacturing companies, but it does not manufacture not more than cockpits or wing bits. These companies have entered into strategic alliances with the suppliers to do the manufacturing activities for them. Strategic Alliance is an agreement between the firms for conducting the business activities together. Strategic alliance goes beyond just informal handshake agreements or partnership. It includes lengthy formal contract in which both the parties also exchange the equity and contribute capital to establish a joint venture firm or corporation Strategic alliance means merger of two companies. This is what is generally assumed, but companies are coming up for multi-strategic alliances nowadays. This might be because they are willing to utilize their strengths to controlling the market. For example, a strategic alliance of six companies was formed to develop General Magic Corporation for developing the communication software called Typescript. The companies involved in the strategic alliance are Apple, Motorola, Sony, AT&T, Philips and Matsushita (Longenecker, & TenaLoeza, 2010, p. 224). The large organizations not only form strategic alliance with big organizations but also with the small companies too. The alliances are formed in order to form joint ventures for using their skills and expertise to promote their competitive advantage. It links two business entities, without affecting the independent legal status of the firm or company (Kale, & Singh, 2009, p. 2). Strategic Alliance Trends The strategic alliances have become a superficial form of business practice, which has its primary focus on increasing the credibility of the business through association of one of more companies. It is also done for achieving the strategic objectives of the company, entering into new market, increasing the market share, increasing the delivery capacity of the company, reducing the cost of operation, and introducing innovative products or services in the market. The alliances of the companies nowadays contribute to 20-33 percent of their annual revenue. The companies get the advantage of handling larger order volumes; they get bigger customers and can offer high quality products or services to the customers. It can be seen that the strategic alliances between the companies are growing at a pace of 25 percent annually (Keasler, & Denning, n. d., p. 3). In an alliance, the different department of the whole organization get involved such as the sales, marketing, supply chain, delivery department, etc. SO it can be well assumed that the support of the internal resources is necessary for a

Delegation Survey Analysis Case Study Example | Topics and Well Written Essays - 750 words

Delegation Survey Analysis - Case Study Example Even then, there are still various challenges with the compliance of these rules. Summary of Survey Response Because of the current demands in nursing care that cannot be satisfied by the number of registered nurses (RNs), both the American Nurses Association (ANA) and the National Council of State Boards of Nursing (NCSBN) suggest delegation of tasks to nursing assistants to provide efficient healthcare service to patients. Despite allowing others of specific tasks, it does not free RNs from the responsibility toward their patients. This implies that I delegate only the ones that are allowed to be passed onto unlicensed practitioners, such as basic nursing tasks not needing the use of judgment, I should be aware of the competencies and abilities of the person to whom the task is delegated in order to determine whether or not he or she is capable of doing the task, and I am still accountable as to the outcome of the delegated task. Because the outcome is by law still my responsibilit y, I should be available to supervise, and intervene once the task is not done properly. Another important aspect of delegation aside from the communication and supervision of the task is evaluation of the performance of the delegated task. This makes way for learning and adjustment from both the RN and assistant, so that any mistakes or inefficiencies can be corrected in the future. As always, an open communication is necessary to be able to conduct an optimal evaluation (Gallagher, 2009; Ohio Administrative Code ch. 4723,  § 13; Yoder-Wise, 2011; â€Å"Joint Statement of Delegation†, n.p.; ). Analysis of Response Because of the many responsibilities and potential liabilities concerning delegation of nursing tasks, I most of the time find it easier for me to do things on my own instead of carefully contemplating whether or not 1) the task can be delegated, and 2) the assistant is capable of doing the task properly. I also find it more efficient to do the task myself, inste ad of taking time to explain the procedure in order to delegate. Thus, it is only in dire cases when I delegate tasks. I thus end up overworked, exhausted and unhappy sometimes. I hope the state or the hospital considers establishing a committee or a particular group of nurses that will be tasked to delegate activities to assistants and monitoring the outcomes of delegated procedures, especially when it will be found through a study that delegated procedures are done sub-optimally or delegating RNs tend to do tasks themselves even if they have to attend to many patients. This should allow the lightening of nursing load to cut across all nurses, instead of the amount of nursing load being indirectly proportional to the nurse’s proficiency in delegation. Improvement of Delegation Skills I recognize that delegation skills is something that every RN should develop, in order to provide health services as fast as possible, without compromising the quality of the care being given (J ohnson, 1996). Until the demand for RNs are met, nursing assistants are an important part of efficient health service. I also recognize that delegation skills can only be improved through constant practice of the steps entailed for good delegation. What is important is to make the assistant and the patient feel that you are always present to look at every step taken by the assistant. Importantly, the delegating RN should know both the patient and the assistant doing the procedure (Currie, 2008). This