We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Strategic Management Process - Essay Example

Comments (0) Cite this document
Summary
From the essay "Strategic Management Process" it is clear that strategic management is the secret of business growth and development. For Origin Energy to fully benefit from strategic management, the company must have a thorough assessment of its programs and business activities…
Download full paperFile format: .doc, available for editing
Polish This Essay96.8% of users find it useful
Strategic Management Process
Read TextPreview

Extract of sample
"Strategic Management Process"

Download file to see previous pages Origin Energy Limited is a company that sees her self-be more than an energy retailer. Rather, the company claims to “find and produce gas, generate electricity and invest in renewable energy opportunities including wind, hydro, solar and geothermal”. As a fast-growing company in the energy industry (Australian Security Exchange, 2011), Origin Energy is endowed with a number of distinctive competencies that have been the reason behind the company’s performance and growth on the Australian Stock Exchange over the past years. Quoting Bianco from Kenneth R. Andrews’ 1971 definition of distinctive competencies, it can be said that distinctive competencies refer to “the set of activities that an organization could perform especially well in relation to its competitors.” This definition was given as an elaboration of the original theory of distinctive competencies developed by Philip Selznick in 1957 after he studied “vastly differing organizations, from the Communist Party to the Tennessee Valley Authority”. Judging from the definition, it can be pointed out that Origin Energy’s foremost distinctive competencies are in the areas of diversity of business orientation.Origin Energy operates in several sectors of the energy industry. Among these sectors are oil and gas exploration and production, of which the company has several oil and gas reserves across Australia. This is, of course, a competitive advantage for crisis moments when oil and gas may be in adverse shortage. The fact that the reserves are spread across Australia in regions such as the Cooper Basin of South Australia, the Bass Strait, Queensland, Victoria and Tasmania means the company is assured of nationwide constant supply. This is because there is reduced need for transporting oil over long distances to get various parts of their oil stations with oil and gas supply. Still on oil and gas, the company has a gas field in Australia (Sustainability Report, 2009). This makes Origin an International company that enjoys the benefits of foreign exchange. Apart from oil and gas exploration and production, Origin Energy is into wholesale and retail of gas and electricity (Silo Breaker, 2011). Silva (2011) observes that retail marketing especially “helps increase the revenues of stores and aims to improve the experience consumers get when they visit their favorite shops.” This is of course a benefit that Origin Energy is not exempted from. By wholesale and ret ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic Management Process Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/management/1413219-strategic-management-process
(Strategic Management Process Essay Example | Topics and Well Written Essays - 1250 Words)
https://studentshare.org/management/1413219-strategic-management-process.
“Strategic Management Process Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/management/1413219-strategic-management-process.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Strategic Management Process CS 1
Mission, vision and value statements are important as it represent the company objective and culture in front of the world. The statements of Coca-Cola Company have been analyzed in this report. It has been found that the company is justifying the stakeholders’ interest through the statements.
4 Pages(1000 words)Essay
The EasyJet strategic management process
These include strategic analysis, strategy formulation and strategy implementation. During the strategic analysis process, firms make appropriate choices that act as guidelines during the next stages. This paper covers the strategies that EasyJet Airline, a British based firm has adopted thus making it to attain a competitive edge in the airline industry.
13 Pages(3250 words)Assignment
Strategic Management Process
When we talk about performance management, it reminds us that being busy is not the same as producing results. It reminds us that training, commitment, hiring best people and hard work alone cannot produce best results. It is important to formulate and follow a systematic process which can lead an organization to success.
4 Pages(1000 words)Essay
Economy: strategic management process
The concept of strategic fit is also discussed as part of this paper. After all these discussions, the process of strategic management followed at Gillette is discussed in detail throwing light on various issues involved in the field of strategic management.
10 Pages(2500 words)Essay
The importance of mission in the Strategic Management process
On the Fig. 8 there is a general model of the organization. The given system of the organization as the original «strategic pyramid» is very simplified. At the same time it very successfully shows the system and integrate unity of strategic and tactic
8 Pages(2000 words)Essay
Strategic Management Process/Vision, Goals, Objectives case 1 mgt 599
Smucker’s Company was founded in1897, with the founder selling his first product - apple butter from a back of a horse drawn wagon (Smuckers, 2009 ). This paper aims at
3 Pages(750 words)Essay
Strategic Management Process/Vision, Goals, Objectives slp 1 mgt 599
This paper aims at highlighting five major components of a successful mission statement and vision statement. Justification of Choice: A mission statement to a great extent is like a face to the company. When a person reads about a company the first thing they prefer
2 Pages(500 words)Essay
Analysis Report on the Airline Industry The Strategic Management process
Most of the focus would be on growth trends, revenue and significant industry statistics in conjunction with highlighting the logistic and supply chain factors as a strategic means to accomplishing competitive success in the industry. Strategic management tools like
10 Pages(2500 words)Essay
Strategic Management Process (SLP)
It is a way of clarifying an organization’s beliefs as well as governing principles, to not only the organization members but also to the community as a whole (Wright
2 Pages(500 words)Essay
What is the role of each component of the strategic management process in determining overall enterprise performance
This component assesses various forces within the environment that are likely to interfere or affect the strategy implemented. The environment scanning process involves the use of tools such as SWOT analysis and Porter’s five forces.
1 Pages(250 words)Essay
Let us find you another Essay on topic Strategic Management Process for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us