Business Strategy for KTG Regional Office - 2

KTG is a very strong group that is running successfully at multiple locations. It has a very strong base in multiple regions. The region where the command is given is one of the only struggling regions of the company. The company is achieving success everywhere and this situation highlights the fact that normal company policies are not going to provide success in this region. It is very important first of all to understand a region in order to devise a business strategy and plan for that particular region. The company has a double structure of an operational branch which is combined with a research branch. The research branch is also essential as it is responsible for finding new market trends and identifying various products and situations which can be used by the company to achieve success. The research is done with a central control in KTG where all regional knowledge centres report to the central station which controls the overall knowledge flow. The local centre however needs to be given specific targets in this regard in order to find out the current market situation regarding the new opportunities found in the renewable energy sector. The knowledge stream leader will be using the same employees but with a clear thinking, it will be able to divert the strategy and time devotion of individual members towards finding out the renewable energy sector locally. Such a knowledge project will also find out the current strengths and weaknesses of current team members with respect to this new market sector of renewable energy sources.