The Future Vision for Aramco, PESTLE Analysis, and Micro Environment Outline Marking the Challenges the Company Faces - Example

The paper “The Future Vision for Aramco, PESTLE Analysis, and Micro Environment Outline Marking the Challenges the Company Faces”  is a  well-turned example of a report on management. In Saudi Arabia, oil was first discovered by the US geologists in the decade of the1930s. Despite this first discovery, the first attempts at large scale drilling and production of oil were initiated only after WWII. The rapid development and growth of the overall economy itself have in fact been made possible because of large scale production of oil which began in earnest in 1963. The process was made to accelerate majorly in the 1970s. the reserves of oil that Saudi Arabia possesses are managed largely by the state-owned and run Saudi Aramco, which makes the country the world's largest oil producer and exporter. Oil accounts for more than 90 percent of the country's exports and nearly 75 percent of government revenues. Given the over-dependence of the governmental machinery to function based only on business that is generated through the industrial production and export of oil would signify the fact that there is in place a government that would never be willing to release its control over the sector. Keeping this basic factor in mind, the following report will attempt to outline forces internal and external that will characterize and shape the form that Aramco takes in the next decade. To this effect the report will outline:

The future vision for Aramco, keeping in mind the organization’s key elements in the context of its long term direction.
Attempt a larger PESTLE analysis and the smaller microenvironment outline marking the challenges that the company faces while outlining its advantages.
Introduction: Saudi Aramco
Saudi Aramco is a fully integrated oil company with operations in exploration production, refining, and marketing (Brown and Davis, 2007). The company has over fifty thousand employees and an additional one hundred thousand outside contractors, representing fifty-four different nationalities. The company’s operations include remote outposts in the Rub-al-Khali desert and offshore platforms in the Arabian Gulf.