StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

ABB Corporation - Strategic Corporate Analysis and Determinants of Planning - Essay Example

Cite this document
Summary
From the paper "ABB Corporation - Strategic Corporate Analysis and Determinants of Planning" it is clear that the role of international law is a consideration that the firm must continuously account for in formulating market penetration and development goals for their new and existing product lines…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
ABB Corporation - Strategic Corporate Analysis and Determinants of Planning
Read Text Preview

Extract of sample "ABB Corporation - Strategic Corporate Analysis and Determinants of Planning"

Download file to see previous pages

Although there are many means of measurement with regards to the way in which a firm can seek to address current and future strategic needs one of the most effective is with respect to performing a PESTEL analysis; weighing the unique threats and likely impacts of Political, Economic, Social, Technological, and Legal effects that the firm faces and could likely face in the future. Rather than laboring through a PESTEL analysis within the body of this strategic needs and future approach, the PESTEL analysis itself has been relegated to the appendix of this analysis; with only the responses to the way in which strategy can and should be formulated as a means of addressing the key weaknesses and opportunities that it denotes in the body of the analysis.

Furthermore, whereas a PESTEL analysis is a perfect tool for measuring the external environment, a SWOT analysis has been engaged as a means of measuring the internal environment of ABB and delineating what Strengths, Weaknesses, Opportunities, and Threats exist for it. Therefore, through an examination of both of these measurements and a discussion of their requisite parts, it is the hope of this author that the reader will gain a more informed understanding not only with respect to the operational realities and strategy that the firm should engage but also with regards to appreciating the dynamics of what has led ABB to experience such a level of success up until this point in time.

As such, defining these issues and promoting a further discussion and analysis of operations and strategic management will hopefully engage a more full and complete understanding of the key steps that could be engaged to seek to promote ABB to a level of renewed vigor and dynamic business strength within the coming years.Strategy Analysis:Ultimately, with regards to strategic analysis, there are two unique approaches that can be taken. Firstly, an external environmental approach can help to be definitive with regards to the way in which the firm itself operates within the environment of competition and other definitive compliments of the outside world.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic management Essay Example | Topics and Well Written Essays - 3250 words - 5”, n.d.)
Strategic management Essay Example | Topics and Well Written Essays - 3250 words - 5. Retrieved from https://studentshare.org/management/1624410-strategic-management
(Strategic Management Essay Example | Topics and Well Written Essays - 3250 Words - 5)
Strategic Management Essay Example | Topics and Well Written Essays - 3250 Words - 5. https://studentshare.org/management/1624410-strategic-management.
“Strategic Management Essay Example | Topics and Well Written Essays - 3250 Words - 5”, n.d. https://studentshare.org/management/1624410-strategic-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF ABB Corporation - Strategic Corporate Analysis and Determinants of Planning

How Corporations Are Affected by Change and Enforcement of Tax Regulations

The effect of taxation policies in business decisions is more critical and viable at a time when corporate taxation is contributing chiefly to the national exchequer.... Higher corporate taxes may ax the corporate development and hamper the expansion of manufacturing capacity, hence, it becomes crucial to this research into the chief effects of corporate taxation policies on business enterprises.... he sudden spurt in corporate tax revenues in low-tax OECD nations may be due to the large scale of inflow of investment and or other mobile corporate profits that are moved away from the high-tax regime so as to evade higher incidence of corporate taxes....
37 Pages (9250 words) Dissertation

An Analysis of Corporate Social Responsibility in UK Firms

The case studies of these companies provided a good foundation and basis for understanding concepts of CSR especially those related to financial performance, the role of strategic analysis and planning in enhancing the success of the CSR, and challenges that organizations meet in implementing CSR policies.... This report "An analysis of Corporate Social Responsibility in UK Firms" discusses the understanding of CSR policies and performances in relation to the various standards and their measurements....
6 Pages (1500 words) Report

EFG Eurobank Corporate Strategy

The connection between formal strategic planning systems and firm performance has been studied and re-studied with little consensus regarding a correlation between the two.... When the decade of 1990s came at large, as the multinational corporation gave way to the transnational organisation, as domestic strategies are replaced by global strategies, and as strategic alliances, partnerships and joint ventures proliferate, those companies that are successful in formulating, implementing and communicating sound global strategies will achieve corporate competitiveness....
17 Pages (4250 words) Essay

Activity-Based Costing: A Strategic Approach to Cost Management

Engineering and manufacturing processes were then adjusted based on this analysis and products that were not contributing to the firm's profits in proportion to the cost associated with their production, were re-evaluated or eliminated.... The paper discusses the major strengths and limitations of the ABC model and provides an example of how ABC has been integrated into strategic management systems of a successful manufacturing company in Qatar....
10 Pages (2500 words) Term Paper

Organisational Behaviour of Apple Inc

Individual factors include levels of motivation, satisfaction, stress, which become the essential determinants of the levels of commitment of people to the organization; personality and cultural values are the main variables of these individual mechanisms.... This paper will conduct a case analysis of the OB of Apple Inc from the individual factors perspective, the group dynamics perspective, and the organizational mechanisms perspective; prior to the case evaluation, this paper will highlight the major challenges faced by Apple Inc and a theoretical framework....
11 Pages (2750 words) Assignment

Corporate Social Performance and Responsibilities

It is important to study the concept of CSP which allows the firms to assess the performance level of its corporate social responsibility (CSR) activities.... he corporate social responsibility is based on three principles Sustainability, Accountability and Transparency.... CSR can be defined as the relationship between a corporation and the national government and the citizens (McDonald and Rundle-Thiele 2008).... In a more streamlined perspective its can be stated that the CSR is the relationship between the corporation and the society (Jones and Wicks 1999)....
12 Pages (3000 words) Essay

A Contextual Model of Strategic Decision Making in Tesco

From the connection of these two 'human resources categories', human resource management can be linked with the leadership management (which refers specifically to decisions involved the highest levels of corporate governance), b) the evaluation and the use of 'time' in the daily business activities, c) the management of the materials given as well as of the services offered (or the products sold) in a way that the quality in every one of the above occasions is secured (Markides, 1992)....
9 Pages (2250 words) Case Study

Human Resource Management In ABC

This essay "Human Resource Management In ABC" is an analysis of the reports of two human resource managers Scot and McCafferty, detailed by the CEO of ABC.... The case of ABC is a failure of the organization to cope with its human resource with its vision and strategic objectives down from the top....
10 Pages (2500 words) Essay
sponsored ads
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.
Contact Us