Negotiation Challenges and Recommendations for Nora Holdings Report

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Added on  2022/12/22

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This report delves into the negotiation challenges encountered by Nora Holdings during discussions with Sakari, focusing on issues such as market expansion in South East Asia, lack of R&D capabilities, employee training, and disagreements over equity and technology control. The analysis evaluates the organizational situation, highlighting the impact of these issues on Nora Holdings' ability to fulfill contracts and maintain control. The report recommends several activities for improvement, including recruiting skilled engineers, introducing talent management programs, enhancing communication between management and employees, developing in-house technologies, and establishing a team of market analysts. These recommendations aim to strengthen Nora Holdings' position, improve its R&D operations, and reduce dependence on external partners, ultimately enhancing its profitability and sustainability.
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