FINANCE, FUNDING AND LEGISLATIVE FRAME WORKS

Finance, Funding and Legislative Frameworks

Executive Summary

The report has analysed the performance of Alliance Boost in the pharmaceutical industry in Europe. The company has been able to implement its mission, values, vision and strategies in order to deliver best product to its customers. The company has used innovation, have adopted objectives through which products are delivered; cost of the organization is controlled and achieves economies of scale through expanding the business in many parts of the world. The company has used several strategies in order to extend the range of their existing products and services. The evaluation of company's strategies can be done through application of Balanced Scoreboard and through the strategy map. The performance analysis of the business has highlighted that the company needs to improve its internal efficiency by reducing debt and increasing assets that could generate profits for the firm. It is also important that the organization maintains flexibility so that it can adopt the changes occurring in the environment. The Balance Scoreboard has identified several factors that create limitations for the firms to achieve their target goals for example environmental factor and communication gap.

Finance, Funding and Legislative Frameworks

Introduction

The company Alliance Boost provides products for the health and beauty of the customers. In order to evaluate the overall performance of the organization, a Balanced Scoreboard will be used to analyse the strategic position company has been able to achieve in a small period of time. The Strategy Map along with the Balance Scoreboard will help the firm in designing new strategies so that they are able to maintain their position in the market. These strategic plans will help in evaluating the goals, objectives and values of the organization. These methods provide paths for the organization reach at their targets as soon as possible. The report will also highlight the limitations of these methods that are becoming a hurdle in enabling the organization to achieve financial and strategic success.

Discussion

The organization by implementing strategic goals and objectives try to control the distribution network and outsource their peripheral activities. The Alliance Boost Company has designed its vision and strategy in order to define the path which the management and employees will follow to achieve organizational goals.

Vision

The vision statement practiced by Alliance Boost is to deliver best products and services that will enable the customers to look good and feel better. The organization aims at making a difference in the society and contributes by working for the wellbeing of the society. They are key five values on which the organization laid down its vision, these are: partnership, trust, service, entrepreneurship and simplicity.

Strategy

The Group's strategy depends on focusing the two core business activities, one is the activities of the pharmacy led health and the second is related to the distribution, retailing and wholesaling of its beauty products. Thus the company wants to expand their brand internationally and develop a third dimension for the existing products and services. There are four key strategies followed by the ...