Question

This week we are considering how firms match their resources and capabilities to the international marketplace. We see in the article that FFN seems to be doing well in Ukraine. What are FFN’s resources and capabilities that they bring to their operations in Ukraine and what is the “value” that FFN can realize by doing business in Ukraine?? Are the FFN’s resources and capabilities rare? Can they be imitated? And is there anything “special” about the organization of FFN that makes them uniquely successful in Ukraine or can you think of another financial service provider that could be able to succeed there? And would you do business in Ukraine – after all, it could be worse.

Answer 1

Answer:

We have seen that FFN seems to be doing well in Ukraine. FFN’s resources and capabilities that they bring to their operations in Ukraine are that they have capabilities in financial operations and they are able to manage the loan repayments from their clients or customers. Their resources are trained in financial services and expert in managing the financial and loan processing and repayments to the business.

The “value” that FFN can realize by doing business in Ukraine is offering loans for the segment like property and real estate and they need to get repayment for their loans to ensure that their business is meeting the targets. They are providing values by providing financial services in the network of their clients.

No, the FFN’s resources and capabilities are not rare but they are expert in their field and they have skills and capabilities in managing their field in effective manners. They can manage the business process of FFN effectively with achieving their desired business targets.

Yes, they can be imitated because they are developed with adequate training, coach and guidance, so we can make similar resources after providing similar training and making similar development plan for the resources.

Yes, there is anything “special” about the organization of FFN that makes them uniquely successful in Ukraine is that they have suitable skill sets, capabilities and expertise in managing their business process effectively in the Ukraine environment. Their resources pool is adequate.

Currently not , but we think that any other financial service provider that could be able to succeed there by developing all the required skill set and capabilities that will be meeting the environment of the Ukraine nation.

Yes, we can explore for doing business in Ukraine – after all, it could be worse because we have seen that there are business which are getting good success in the nation like Ukraine. Hence we can also get succeed there.