Brief Description of Project Topic
The problem is the need to improve performance of the Advanced Technology Investment Company, which is based in the UAE. In the last couple of years, the transformation process of the Advanced Technology Investment Company has been remarkable. According to many experts, the ability of the Advanced Technology Investment Company to identify the opportunities and grab them before their competitors was an essential factor in their success.
This study attempts to explicitly review the management strategies in the Advanced Technology Investment Company and their impacts on the quality of organizational performance. The issue of performance is important in fast-tracking growth and organizational sustainability in the competitive technology industry of the UAE. Performance improvement affects the factors of production such as labour, capital, technology, and the other resources.
In relation to the Advanced Technology Investment Company, there is an urgent need to improve performance as part of the management strategies since performance management determine the level of organizational growth and its profitability. Setting an objective and then designing a method to achieve it is a common practice in every organization. All the organizations follow the norm but few are able to achieve or exceed the set objectives. The difference in result is due to the approach taken by such organizations.
The organizations which are able to implement and manage their resources in effective and efficient manner stand out from the rest. The phenomenon is termed as strategic planning and systems management. Over the years, successful organizations were the ones which managed to get the maximum outputs from the minimal resources. It was possible because they were able to formulate ways to achieve desired results. Therefore, the Advanced Technology Investment Company will heavily benefit from improved performance, which translates into efficiency, profitability, and sustainability of the company.
Project Rationale
Aims and objective
The need for business efficiency in the Advanced Technology Investment Company necessitates more research in the area of management styles and their impacts on organizational performance within the UAE. It is for these reasons that the research will attempt to provide a framework for organizational performance as directly influenced by the type of management strategies in those particular companies.
At the end of the research, the Advanced Technology Investment Company, which wants to further improve organizational performance and increase its commitment to efficiency, will have mechanisms that it can use to decide on the most appropriate management style. This study attempts to explicitly review the management strategies in the Advanced Technology Investment Company and their impacts on the quality of organizational performance. Thus, the aims and objectives of this research paper will be;
- To scrutinize the impact of effective strategic planning.
- To discover the method of identification of the critical factors in formulating the effective strategic planning.
- To examine the effect of Advanced Technology Investment Company’s strategic planning and systems management that collaborated in its success.
- To identify and examine the strategic planning model that the Advanced Technology Investment Company follows.
- To assess the effectiveness of the Advanced Technology Investment Company’s strategic planning and management in comparison to its competitors.
- To study the diverse nature of the Advanced Technology Investment Company’s strategic planning.
Research questions
- What is the effect of strategic planning on the Advanced Technology Investment Company’s progress?
- How is Advanced Technology Investment Company different in its strategic planning?
- What factors of strategic planning propelled Advanced Technology Investment Company to their success route?
- How does the Advanced Technology Investment Company deal with different challenges with its strategic planning?
The scope of the research
In this research project, the proposal will dwell on the strategies that the Advanced Technology Investment Company’s uses in its bid to expand its market in the United Arab Emirates. The paper dwells in the technology industry of the UAE. At the beginning, the paper will provide an intrinsic proposal after which it presents the research problem.
After this, the research will authenticate researches that have been carried out on the topic, besides presenting a comprehensive literature review to establish the present stand on the topic. Finally, the research proposal will deliver the final outcome which will be include proposals on the best ways to overcome the problem, reflect upon it, and finally present the most appropriate alternative approach that will minimize or solve the problem.
Rationale for this research
This research will assist the Advanced Technology Investment Company in the UAE to implement effective management strategies that promote efficiency and sustainability of organizational performance. It will be a compilation of best management strategy practices. The study will also provide recommendations on how the Advanced Technology Investment Company can effectively manage its organizational performance in order to guarantee employee and customer satisfaction.
It is anticipated that the management strategies, that will be recommended, will ensure optimal performance and sustainability of the Advanced Technology Investment Company. The improvement in performance will be quantifiable through comparing the past performances of the company with the performance after six months of implementation.