Corporate Strategy Optimization for Dutch Notaries with the Use of IT

Abstract

This research provides new insight in the application of IT to optimize the corporate strategy of notaries in the Netherlands. Since the forced liberalization of prices and the freedom of establishment introduced by the 1999 Notary Act, notaries have become entrepreneurs. Notaries are forced to adopt a competitive corporate strategy. This has brought new opportunities for the application of IT. This paper outlines the possibilities for IT to support a competitive corporate strategy. We will provide insight in the willingness of notaries to change their corporate strategy and to adopt IT. This can be contributive to the software vendors and other third parties targeting the notarial domain, as they can adjust their business strategy based on the results of this study. We will suggest a notarial strategy optimization method to transform generic corporate strategies into situational strategies, and assemble solutions into situational strategy advices. This method can be used to compose situational corporate strategy advices, and provides a solid starting point for further research on mixed corporate strategies and corporate strategy maturity.