Analyzing The Pros And Cons Of The Following Options

3. Provide a detailed analysis of the pros and cons of the following options a. Monitor forms a company-owned research division in India Pros Develop knowledge center in fast-growing emerging economy. Opening a knowledge center in India allows Monitor to gain a foothold in what is sure to be a significant economic contributor to the world economy in the coming years. Although the economy has slowed down recently, and the on-going problems of political corruption and poor infrastructure make business in India challenging, the long-term pull of a country with over 1/7 of the world’s population is sure to remain. Developing this knowledge center gives Monitor the opportunity to continue to grow its presence in the region and participate†¦show more content†¦Acquire the leveraged economics of thought leadership. The unique model of thought leadership would allow Monitor to develop research papers or models that it could resell to multiple clients. This dynamic produces far better economics than the selling-human-hours model as it is more profitable on a scaled basis. Since Monitor already has a well-estab lished base of clients with its consulting relationship, developing intellectual property it could sell to those clients and use to build out its client rolodex will serve to improve the notoriety of the firm. In addition to the profitability this model provides, it gives the firm a reputation for being a thought leader in the industry and could increase client pull if executed successfully. Cons Dilutes brand with possibly inferior work product. The downside to acquiring talent in an emerging economy is that in many cases that talent may not be able to product a work product that is on-par with expectations in countries where your client-base operations. While measures can be taken to improve quality ( increasing the number of employees + hiring only the top talent ), these measures will only serve to increase the costs of operating in this environment and undermine the primary driver for entering the country. Further, obtaining the right mix of cost and quality will require significant managerial oversight, which the firm may not have the bandwidth to provide. Profitability gains may not be achieved due toShow MoreRelatedEducation Standards: Common Core 786 Words   |  3 Pagesthat they are learning. The Common Core should not be instigated because it compels teachers and students to change their learning and teaching methods which could have a major influence on their education. There are countless pros and cons to the Common Core. The following paragraphs will outline both sides. 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