Current corporate level strategies

Organizations have to leads its business activities across the strategically way to fulfill stakeholders expectations by achieving their goals. Effective strategic managing process is monitoring to reach successes. In the process of identifying various strategic options for the effective usage of realizing the strategic aims of any organization, can use various kinds of strategies according to its organizational context. When considering the Lanka ORIX Leasing Company (LOLC), they use business scope strategic option to formulate strategies. According to this business scope strategic option LOLC conducts business as a Multi Business Organization (MBO) .As a multi business organization, they engaging with more than one business. The bellow picture is show other business which are engage with LOLC parent company.

LoLc also has the four level strategic Hierarchy which shows by following picture.

Corporate Level Strategies Business Level strategies Functional Level strategies

Operational Level Strategies

When considering corporate level strategies we can identify several strategic business units strategies under the one corporate level strategy and there are separate functional level and operational level strategies for each SBU strategy. In the LOLC Company, Lanka ORIX Leasing Company is process as corporate business and several other companies such as LOFC, LOMC, CLC, CFL, LOFAC, LOIC, LOSEC, LOIL, and LOITS are at as Strategic Business Units. The following group structure will explain that. Lanka ORIX Financial Company is the major strategic unit among the other businesses.

The managers of corporate parent business are formulated and implement the corporate level strategies. The Corporate Level Strategies focus on how a corporate parent enhances its overall corporate value and gaining & retaining corporate advantages by managing the nature and extent of its business portfolio in multi-industries.

LOLC parent company is manipulating the Growth strategy as their corporate level strategy. The Diversification is the strategy which LOLC use to forms their Growth strategies. The Diversification strategies are used to expand firms' operations by adding markets, products, services, or stages of production to the existing business. The purpose of diversification is to allow the company to enter lines of business that are different from current operations.

diversification can be divided in to two type . 1. Business scope 2. Geographical scope

LOLC use business scope wise diversification. This business scope wise diversification is also can categorize as - Related Diversification Concentric -Unrelated Diversification -Conglomerate LOLC business portfolio is consists with several unrelated businesses. Agriculture and plantation, renewable energy, leisure, constructions are in the LOLC business portfolio. On the basis of that LOLC use Unrelated Diversification Conglomerate. The products and services which are offering by above business in LOLC corporate portfolio are as follows.

The bellow picture provide some knowledge about the diversified activities of the company.

The LOLC use Acquisition, Business Venturing and Strategic Alliances as the modes in diversification growth.

Acquisition An acquisition is the purchase of one business or company by another company or other business entity. LOLC has two acquisition companies. 1. Excel Holdings LOLC acquired their 3 subsidiaries 2. Ajax

Business venturing 1. with Japan Orix 2. LOLC Leisure venturing with Browns

Strategic alliances Strategic alliances are essentially long term formal agreements between two or more companies to share the costs, risks, and benefits and competencies associated with each other for enhance collaborative operations. There are two internal strategic alliances 1. LOLC insurance is doing all insurances of other every company of LOLC 2. When buying a vehicle from LANKA ORIX MOTORS the LOFC provides a loan for that.

The possible corporate level strategic options Stability As a company which is operates in growing level only use Growth level strategies. But LOLC can be stability .