W7 As Merck Serono Essay Example | Topics and Well Written Essays - 500 words

W7 As Merck Serono - Essay Example As such, they should have a wealth of competent and qualified set of human resources who could undertake roles and responsibilities which cater to the diverse needs and demands of the organization. On the other hand, in terms of technical competencies, the acquisitions of organizations, especially from diverse fields of discipline, enable DuPont to develop technological competencies, applications, human resources, infrastructure, and skill set to fit currently entrenched technology to match the newly acquired organizations. In addition, when new products have been added to their product lines, DuPont benefits through the opportunity of catering to a wide range of clientele, depending on the products or services offered, the geographic location, as well as the competitive advantage exhibited over their competitors. Gaining organizations with different product lines necessitate additional research to be undertaken by the executive management team of DuPont to ensure that they are qualified and competent to operate new businesses and develop strategies accordingly. Besides the potential benefits discussed, one strongly believes that DuPont probably gained maturity in discerning which ventures and acquisitions contributed most to meeting the organization’s mission, vision, and goals. The organization, through its executive management team and leaders, probably gained exemplary acumen in determining which ventures would be most lucrative in providing financial gains with the amounts that are to be invested in each endeavor. There are potential losses in terms of opportunity losses where the organization could have pursued some ventures that proved to be unprofitable or those which significantly mismatch their current organizational thrusts and directions. As such, instead of focusing on areas, fields of discipline, or core competencies on currently held and evidently productive ventures, the time, resources, and efforts spent locating other