Case study analyse - Strategic Management Essay

Case study try - Strategic Management - Essay ExampleIts mission is to add economic value to Chiles products and services by promoting innovation and technology transfer activities, management techniques and human skills to natural resource-intensive sectors, aimed at fetching better advantage of Chiles natural resources and productive capacity.In 1997 Dr. Eduardo Bitran assumed the office as general director of Fundacin Chile. He faced the difficult task of mete outing the institution, which was constituted as a private non-profit institution with 50% state ownership. One of the most innovative mechanisms that the foundation used, unique in Chile and probably in Latin America, was to create new businesses as a main office to diffuse and transfer technology. Dr. Bitran played a major role in Chiles economic development. , Chile had managed to keep to its course and to maintain growth and stability amidst enormous turbulence, in a tip of economic decline that had affected all of Latin America. Recognition of the importance of new knowledge as the base of future businesses was gaining importance and Venture capital funds became the focus. Local innovation clusters were formed nigh the wine and salmon industries, and specialized fruit intersection was beginning to reveal the benefits of biotechnology and sophisticated production methods. Immediate challenge for Dr. Bitran was to identify the path and direction for Fundacin Chile. His main challenge would be administer the institution to generate social benefits, as required by the mission entrusted to it as a quasi-public entity, turn at the same time acting as a private business to obtain the obligatory resources that would permit it to grow and develop.Fundacin Chiles promoted innovation and technology transfer emphasizing agribusiness, forestry and devil dog resources. It followed several modalities like demonstration businesses, technology transfer groups, training and diffusion, and providing servi ces such as consulting to lineament control.