Strategy in Turbulent Environment: A Case Study of Indian Domestic Company

Abstract

<b>Problem statement:</b> This case deled with an Indian pesticide company in the turbulent environment, which had to adopt a strategic shift due to changing environmental factors such as increasing competition from multinationals, regulatory forces, changing technologies. The case presented environmental situation in the industry and also described the events which led to the turbulency. <b>Approach:</b> This is a teaching case written with the objective to familiarize the students with concept of environmental forces affecting the industry in general and a company in particular. The students were also expected to work out strategies for the said company under a given strategic situation. The case had mainly used secondary data published in website, annual reports of the company and also the articles and interviews published in business dailies. <b>Results:</b> The findings indicated the competitive forces affecting the pesticide industry and the said company. The results described how the domestic company had to reorient its strategies in order to cope with environmental turbulence created by regulatory, competitive and market forces. Related diversification, restructuring, international market entry and concentration and new product development were some of the strategies adopted by the company. <b>Conclusion/Recommendations:</b> The case discussion evolved the strategies for the company in corporate, business and functional domain and hence provides useful implications for managers. This is a useful resource for academicians, researchers and students and can be used in strategic management and business environment courses as a teaching case. The study opens new vistas of business management research for the Indian as well as international pesticide industry. Further, both case studies based as well as empirical research could be taken up to find the impact of environmental forces on industry and the strategic reaction of the firms in the industry

Organochlorine Residues in Vegetables

“…The OCPs DDT, HCH, and Malathion accounts for about 71% of that used (Bhattacharyya et al, 2009;Narula and Upadhyay, 2010). Domestic consumption of pesticides in agriculture is low (0.5 kg.ha −1 ), 3.75% of global consumption, compared to 12.0, 7.0, 6.6, and 3.0 kg.ha −1 in Japan, the United States, Korea, and Germany, respectively (Chauhan and Singhal, 2006).…”

The Effects of Government Regulation and Distinctive Capability on the Cost Leadership Strategy to Drive the Business Performance of Minimarket Chain

“…Based on the background situation in Slovenia, it was concluded that to achieve longterm success must be based or focus also on several factors such as: corporate culture, values, and reward systems, state legislation, taxation systems, bureaucratic buffering, opportunities funding (partnership with banks, bank guarantees, venture capital, etc.). The strength of industrial competition shapes organizational resources and competitive strategies (Narula & Upadhyay, 2010). Meanwhile, competitive forces affect industries and companies and illustrate how domestic companies must reorient strategies to overcome environmental turbulence created by regulations, market forces and competitive forces (Saaty & Qureshi, 2011).…”

The Effects of Government Regulation and Distinctive Capability on the Cost Leadership Strategy to Drive the Business Performance of Minimarket Chain

“…Based on the background situation in Slovenia, it was concluded that to achieve long-term success must be based or focus also on several factors such as: corporate culture, values, and reward systems, state legislation, taxation systems, bureaucratic buffering, opportunities funding (partnership with banks, bank guarantees, venture capital, etc.). The strength of industrial competition shapes organizational resources and competitive strategies (Narula & Upadhyay, 2010). Meanwhile, competitive forces affect industries and companies and illustrate how domestic companies must reorient strategies to overcome environmental turbulence created by regulations, market forces and competitive forces (Saaty & Qureshi, 2011).…”