Analysis of the High-Tech Company
Introduction
This report will analyse the overall situation facing the Lucky MT company. Before the actual report, a brief analysis is needed in order to introduce the current situation of the company. Lucky MT is an Electronic Manufacturing Services (EMS) business located in Singapore. It started as a joint venture between two American companies TelNet and MedTech. In the first couple of years of its existence, the company faced the difficulties that occur to a lot of joint ventures, such as wage rates. However, during the next decade the business continued to grow and expand. The partners became more confident about their capabilities and therefore moved the business from United States to Singapore. Nonetheless, the aspirations of both partners continued to grow apart, as TelNet was keen to keep a close relationship with Lucky MT, while MedTech was feeling that they are too reliant on the company and wanted to treat is as a supplier. Ergo, a plan for independence was developed and implemented shortly after. It had a lot of aspects, such as new employers or new clients but the most important thing to note is the change of the shareholders, the original joint venture companies were replaced with two equity funds as owners of Lucky MT: Star Private Equity and SEA Partners. This was followed by three years of sales growth. Current year, however, pose a serious challenge as there are a lot of issues that have arisen and this report is a recommendation of how to cope with some of them.
The structure of the report will be quite simple. There will be several areas of strategic uncertainty excluded in separate sections. Each of these areas will be analysed from a variety of standpoints: risks, opportunities, possible course of action, etc. In order to ensure an effective analysis, various tools and techniques such as risk assessment, cost-benefit analysis, SWOT model, SAFe evaluation model, etc. After the analysis of the key areas that are in need of improvement or
This report will analyse the overall situation facing the Lucky MT company. Before the actual report, a brief analysis is needed in order to introduce the current situation of the company. Lucky MT is an Electronic Manufacturing Services (EMS) business located in Singapore. It started as a joint venture between two American companies TelNet and MedTech. In the first couple of years of its existence, the company faced the difficulties that occur to a lot of joint ventures, such as wage rates. However, during the next decade the business continued to grow and expand. The partners became more confident about their capabilities and therefore moved the business from United States to Singapore. Nonetheless, the aspirations of both partners continued to grow apart, as TelNet was keen to keep a close relationship with Lucky MT, while MedTech was feeling that they are too reliant on the company and wanted to treat is as a supplier. Ergo, a plan for independence was developed and implemented shortly after. It had a lot of aspects, such as new employers or new clients but the most important thing to note is the change of the shareholders, the original joint venture companies were replaced with two equity funds as owners of Lucky MT: Star Private Equity and SEA Partners. This was followed by three years of sales growth. Current year, however, pose a serious challenge as there are a lot of issues that have arisen and this report is a recommendation of how to cope with some of them.
The structure of the report will be quite simple. There will be several areas of strategic uncertainty excluded in separate sections. Each of these areas will be analysed from a variety of standpoints: risks, opportunities, possible course of action, etc. In order to ensure an effective analysis, various tools and techniques such as risk assessment, cost-benefit analysis, SWOT model, SAFe evaluation model, etc. After the analysis of the key areas that are in need of improvement or