Acquisition Planning

I    Introduction

  1. The act of acquisition planning is one of defining and maintaining an overall approach for a program. The acquisition planning process guides all elements of program execution to transform the mission need into a fielded system that is fully supported and delivers the desired capability. The goal of acquisition planning is to provide a roadmap that will be followed to maximize the chances of successfully fielding a system that meets users’ needs within cost and on schedule. Acquisition planning is an iterative process; feed-Back loops impact future acquisition planning activities (Kim, 2014).
  2. Thesis/argument: Acquisition plan is expected to address the high-level objectives of the program, the technical performance as well as address the high-level cost/budget and schedule estimates of the acquisition process (Öberg, 2012).
  3. Literature Review of Article 1: Contains the weakness of strategic alliances
    1. Objective of Article 1: The main objective of this article is to enlighten the business people on the weaknesses in developing a business acquisition plan. It will enable the business people to get ways to avoid these weaknesses during the development of business acquisition plan.
    2. Research Methodology of Article 1: I used the publication research of developed acquisition plans and finding out why they did.
    3. Conclusion of Article 1: Weaknesses of strategic alliances are caused by ignorance and arrogance of the involved firms and this would be avoided with careful planning, due diligence and taking appropriate action.
  4. Literature Review of Article 2: Has the ways to overcome weaknesses involved in development of business acquisition plans.
    1. Objective of Article 2: The objective of this article is to bring into light the approach to be followed in ensuring a successful development of business acquisition plan.
    2. Research Methodology of Article 2: Publication research of articles that contain ways that development of business acquisition plans in the U.S and all over the world have used to overcome weaknesses that they face (Kim, 2014).
    3. Conclusion of Article 2: To overcome the weaknesses that the developing acquisition plans face they should first point out these weaknesses and the depth of their effects to them. By so doing they will be able to come up with ways to overcome them by also doing research.
  5. The article deals with the weaknesses involved in developing a business acquisition plan and how to overcome these weaknesses. It contains the weaknesses that have caused the failure of many companies that chose acquisitions as their success strategy.
    1. Some of the weaknesses experienced in developing business acquisitions plans are failure to identify the optimum contract for each contract required for the program, Lack of coordination, lack of well thought out strategy, inability to effectively use the schedule charts and weak or missing acquisition strategy documentation among others.
  6. Business acquisition planning must ensure presence of proactive and cohesive team that will make the planning process is effective. The plan is expected to have a clear description of the business, technical and support strategies to manage program risks and meet program objectives.
  7. Weakness of first study: the first study carried out lacked to focus on the main reason why the business acquisition plan development team ignores the most critical factors that can cause failure to the strategic alliance.
  8. Recommendation: the researcher should also gauge why the firms involved in acquisition planning are ignorant so that they can understand why the weaknesses arise.
  9. Acquisition planning has many weaknesses that prevent them from thriving after they are completed. A practical strategy for dealing with corporate culture and human resource issues is essential to the success of acquisition planning (Kim, 2014). In most cases, organizations and businesses fails to have a good team that will be effective in business acquisition planning.

 
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