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Management Science 2017

A Review on Effective Implementation of Technological Venture Capital Strategies by Ayandeh Bank

Abdol Majid Saadat Nezhad; Tahmoures Sohrabi; Nasrollah Shadnoosh; Abbas Toloie Eshlaghy; Abdol Hamid Saadat Nezhad

Abstract

One of the best ways for achieving success in an organization is by identifying, applying and implementing efficient strategies. Strategy is a tool for making organizational objectives such as long term goals, act plan and preference for resource assignment. Strategy is responding to opportunities, external threats, internal strengths and weaknesses that affect the organization. Organizational strategy includes important and basic decisions made by CEOs and top managers for their organizations. Decision about the differentiating abilities of the company, competitive advantage of company for representing value to customers in every part of business and the activity field of company are among the most important ones. It should be pointed out that the strategy must affect all daily decisions of managers and staffs of the company and determines the principal framework of the company and all members of the organization; decisions such as how to administrate various parts of company, trading of company, potential markets for the business, how to measure success and so on. Meanwhile, in the current review paper, we will present a review on effective implementation of technological venture capital strategies by Ayandeh Bank.

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