In order to keep up with aggressive growth of the organization, INESA, a large, state-owned enterprise in China had to rethink its strategy and address challenges. Those challenges included a need for continuous data and industry analysis to support strategic planning, more information around Merger & Acquisition (M&A) decision making, reducing risk in technology investment decisions, exploration of new business models and more in-depth exchanges with peers.
INESA’s investment decisions were made more complicated by its state-owned management system, a less-than-agile ability to respond, and limited R&D capabilities. “The accelerated technology evolution called for more accurate investment decisions,” says Li Xin, General Manager of Strategy. “Due to lack of R&D capability, we had to find a capable external think tank to help us define the appropriate business model.”