Strategic Options

Strategic Options-Refining Technology, B.P. International Ltd., Sudbury on Thames, UK. 

Expanded drug development framework with strategic options for pipeline portfolio management. 

Basic stock/flow structure related to drug development can be extended or modified to address various strategic options for NCE management. 

We now proceed to explore how the strategic options in regard to routing and sampling of paths (Sections III.B and III.C) can be fused together to form... 

Furthermore, the chemical industry stands apart from other commodity industries in that a wide gap separates the top and bottom performers. In November 2004, for example, the top quartile of chemical companies had a market-to-book ratio 3.1 times the bottom quartile s - a far wider spread than that of other asset-heavy industries, such as automotive (1.9), pulp and paper (1.8), and steel (1.6). Companies in those industries operate in more transparent and global commodity markets with fewer strategic options at the corporate level. By contrast, the far more complex chemical markets are fragmented into thousands of submarkets... 

Estimating the potential of these strategic options is difficult, but nevertheless essential. It can have a decisive impact on the new company s set-up and on where the emphasis of the integration program should lie. A separate team should be assigned to this task at the earliest opportunity. 

This produced a list of strategic options different business models and value chain positions that would match the most attractive areas. These options were then assessed by a set of criteria that included economic value, feasibility, risk, investments, and fit with the overall strategy and portfolio of initiatives. To test the economic viability of individual products, specific business ideas related to single products/markets were written and pressure-tested. The final decision was made after extensive discussions and more than 80 interviews with experts. While such interviews are essential, it is also important to remain skeptical and avoid the common wisdom trap. It is too early to determine the financial success, but the company has already achieved alignment between the overall strategy, the level of investment, and the organizational setup. 

Evaluate the strategic options for each system and agree on the actions. There are five basic strategies ... 

If mergers, acquisitions, and alliances are the means to renewed profitability in the European petrochemical industry, how should companies go about choosing partners A clear understanding of the value-creating potential of alternative deal options should underlie any decision - and narrow the strategic options. We estimate that, in many European chemical subsectors, no more than 20 percent of all the remaining possible deals are truly attractive. 

Graening, T., Schmalz, H.-G. Pd-catalyzed enantioselective allylic substitution New strategic options forthe total synthesis of natural products. Angew. Chem., Int. Ed. Engl. 2003, 42, 2580-2584. 

Focusing now on strategic options, again some intensive discussions led to the identification of three principally different approaches that needed to be carefully evaluated and compared on their respective merits and weaknesses ... 

---