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Example SWOT analysis paper
SWOT analysis is one of the most common types of assignments particularly in business and management courses. It is an integral coursework in MBA as well as in all academic projects requiring students to prepare business reports and proposals. Our company has an excellent team of experts to help you with this kind of coursework.
Our aim is to share as many sample SWOT analysis assignments as possible not only to showcase the quality of our services but also to show you how it is done. To achieve the latter objective even better, we always share the examination question based on which the sample SWOT analysis was completed.
This particular assignment was written in Harvard style. To capture all the elements of Harvard-style formatting, we have uploaded a MS Office version of the paper at the very bottom of this web page.
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Question
Assignment: SWOT Analysis of Two Oil Companies. One International Oil Companies [IOC] and One National Oil Companies [NOC]
Your Assignment
You are a researcher for an industry journal, which is planning to run a feature on the different management styles and cultures between International Oil Companies [IOCs] and National Oil Companies [NOCs], and whether these can be linked to the company’s past success and thus possibly be a guide to their future potential.
You have been asked to prepare a professional report on one IOC and one NOC as to their present status and future potential; the potential readership are would-be investors, and thus your report should guide this audience to decide to heavily invest or not in the companies.
Your work should provide a balanced, analytical view of whether the two companies would make suitable investment vehicles, based on their management style and culture and their organisational structure – there should be no attempt to recommend one company over the other. This is NOT a selling exercise.
The Report should be much more than a simple description of their structure and operations. You must provide a critical evaluation of their strengths and weaknesses, together with the opportunities and threats that exist in their markets. Therefore a good starting point for your Report will be a SWOT analysis of each of your chosen companies.
Having read the above background, and conducted some preliminary research and reading, your Assignment Brief is to write a 2,300-word report on one IOC and one NOC, chosen from the table below. To complete an effective and detailed Report, you will need to research the chosen companies in considerable depth. Coherent analysis supported with reasoned evidence will be required.
Internet research and background reading will inform a large part of your writing, but what is required, and thus will form the basis of assessment and marking, is your own views, conclusions and analysis by interpreting the data against textbook theory, together with your own ideas, thoughts and personal research on the Internet.
Choices: Choose ONE company from each category only
International Oil Company
ExxonMobil
National Oil Company
Petronas
Rules:
• The Assignment should be written in the third person, in the style of a Report.
• The Assignment should not contain an Abstract, or an Executive Summary, or a restatement of this Assignment Brief. There is no need for a Table of Contents in a short Report.
• There should be a Title Page showing your Name and Student ID; pages must be numbered.
• The following rules are set and mandatory – any work submitted that does not comply, may be subjected to a penalty.
• The main body of the Assignment should cover around 6 or 7 pages of A4 paper, using Times New Roman, font size 12, with 1.5 line spacing.
Answer
SWOT ANALYSIS OF EXXONMOBIL AND PETRONAS
Contents
Integration of refinery and chemical facilities. 3
Research and development abilities. 3
Strong financial performance. 4
Ability to expand assets for increased energy supplies. 4
New liquefied natural gas projects. 5
Initiatives targeted at strategic growth areas. 5
Huge potential for market growth. 8
Tarnished reputation arising from environmental pollution. 8
Regulation and operational constraints posed by national governments. 9
Management styles and organization culture: ExxonMobil versus Petronas. 10
Introduction
Major differences tend to exist among international oil companies (MOCs) and National Oil Companies (NOCs) in terms of management styles and organizational culture. In many cases, the management style and organizational culture of a company can be linked to past performance, present status, and future potential. For example, the international success at Exxon Mobil, an IOC, is often associated with its culture that embraces conservativeness and strict adherence to values and norms. On the other hand, emphasis on international expansion by the top leadership of Petronas has enabled the company expand its operations into different countries of the world. The aim of this report is to provide a critical analysis of the organizational culture and management styles of ExxonMobil and Petronas.
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SWOT analysis of ExxonMobil
ExxonMobil (Exxon Mobil Corporation) is an international oil company (IOC) that specializes in the production of crude oil, natural gas, and other petroleum products. The company is also involved in marketing of oil and gas products as well as related chemicals. ExxonMobil has already succeeded in setting up operations in different parts of the world. In recent years, expansion activities as well as new product launches have been providing a major boost for the company (Beale, 2009). However, the environment in which the company operates is becoming increasingly competitive (Beale, 2009). Stringent regulations also pose a threat to ExxonMobil’s efforts to match up its past successes. Moreover, the company has also been affected by numerous lawsuits that threaten to cripple its business operations.
Strengths
Integration of refinery and chemical facilities
ExxonMobil has succeeded in establishing its presence in all areas within the value chain of the energy industry (Livesey, 2002). Moreover, it has managed to integrate its refinery and chemical facilities, thereby enabling it produce high-quality products at cow costs. The resulting overlap of processes makes the company fit into the petrochemical production business. An overwhelming level of the company’s chemical capacity is integrated into its refineries and natural gas production facilities.
Today, ExxonMobil is involved in exploration and production activities in 36 countries. It also has interests in about 30 refineries situated in 17 countries. Moreover, the firm owns more than 19, 382 retail service stations operating in more than 100 countries. Over the years, ExxonMobil has succeeded in expanding its operations throughout Canada, the Middle East, the US, Latin America, Europe, Africa and Asia-Pacific.
Research and development abilities
Research and development (R&D) activities are of utmost relevance in the petroleum industry. ExxonMobil is a global leader in R&D. In recent years, the company has been responding to calls for greater environmental awareness by investing heavily in research on alternative energy (Livesey, 2002; Keenan, 2005). The main activities in this regard include the production of hydrogen fuel cells, reduction of consumer emissions, and development of bio-fuels.
Strong financial performance
ExxonMobil has been reporting impressive financial performance over the years. In 2012, the company reported a 7.47% increase in operating income. Moreover, the company’s revenues have been increasing at a higher rate than its expenses. This impressive performance makes the future look bright for the company, thereby increasing investor confidence.
Weaknesses
Lawsuits
Numerous lawsuits that threaten to cripple ExxonMobil’s operations have emerged in recent years. Although investors are happy about the company’s impressive financial performance, they are also worried because of the increase in legal proceedings that potentially threaten both the company’s day-to-day operations and long-term survival (Skjærseth, 2009). The proceedings add to the company’s expenses, thereby impacting negatively on its financial position.
Opportunities
Ability to expand assets for increased energy supplies
Today, the need for petroleum companies to increase global supply of oil, natural gas, and related products continues to rise. This increases pressure on these companies to expand their upstream segments. ExxonMobil has an opportunity of expanding this unconventional capability through oil sands, deep-water rigs, as well as tight gas facilities. In Canada, the company has already declared its intention to expand a new oil field to produce an additional 700 million barrels of crude oil. The company has also invested in a new production facility in Texas that is targeted to produce over 40 million barrels of crude oil. ExxonMobil may choose to exploit more opportunities that enable it expand the level of its exploration, production, and marketing capabilities.
New liquefied natural gas projects
ExxonMobil has worked on many liquefied natural gas (LNG) projects over the years. These projects have enabled the company gain a better understanding of the range of opportunities existing in this line of business. Based on past trends, the company expects demand for LNG to increase remarkably in future. Most of the company’s expansion efforts in this regard are targeted at the Asian markets where growth in demand is expected to be higher than in other parts of the world.
New product launches
ExxonMobil is famous for releasing new products into the market frequently. One of these products is the Mobil Super Family, a range of motor oils that were introduced into the North American market in 2012. Other products include synthetic esters, lubricants, and low-sulfur diesel. This has greatly contributed to a rapid growth in its energy markets. It has also contributed significantly to shareholder confidence.
Initiatives targeted at strategic growth areas
The company also has a unique capability of identifying and targeting strategic growth areas. This ability drives its quest for new agreements, partnerships, and R&D activities, which are pursued with a view to create new opportunities for expansion. For example, in 2011, the company initiated plans to venture into the Russian Arctic through exploration activities. The talks between the company’s officials and Rosneft, a leading Russian oil company, led to the signing of a strategic partnership agreement in February 2013.
Threats
Rising competition
The level of competition in the energy industry is higher today than it used to be in the past (Tenner, 2002). At the same time, the challenges posed by the increased volatility global economic environment makes it more difficult for ExxonMobil to achieve its financial goals (Tenner, 2002). As new technology emerges, competitors are steadfast in making the necessary operational adjustments. This threats the company’s position in terms of energy efficiency and R&D. In countries where politics constitute a major factor that influences the ability to do business in a certain geographical region, ExxonMobil faces the threat of being sidelined merely for political reasons.
Regulatory constraints
The US oil and gas policy has changed significantly in the wake of numerous environmental disasters involving oil and gas companies. These disasters have led to the enactment of new legislation aimed at enabling federal authorities impose stiffer penalties in the form of punitive damages on oil companies that get involved in oil spills. Stricter rules of compliance with environmental requirements have also been imposed in many parts of the world. In the end, these control mechanisms are likely to increase the company’s cost of offshore exploration activities. The regulatory constraints also come in the wake of numerous concerns regarding contamination of water sources by oil companies.
Petronas SWOT analysis
Petroliam Nasional Berhad (Petronas)is a petroleum corporation owned by the Malaysian government. The company also operates in 30 countries. Its core activities include upstream exploration and production of oil and gas, downstream oil refining, and distribution of petroleum products. Petronas is also involved in gas process, liquefaction, and transmission to different pipeline networks (Pirog, 2007). It also engages in the marketing of LNG as well as petrochemical manufacturing. Most of the company’s business operations are in Asia, South America, and Africa. In 2008, the revenues of this Kuala Lumpur-based oil company rose by 16.3 percent compared to the previous financial year to reach $76,979 million. However, during the same year, net profits decreased by 15.4 percent to stand at $15,312 million.
Strengths
Brand strength
One of the greatest strengths of Petronas is that it is one of the strongest brands in the world today (Hussain, 2005). The company operates in a number of African countries, including South Africa, Algeria, Sudan, and Libya. The company’s brand strength is evident in a number of Asia-Pacific countries, including Myanmar, China, and Vietnam. The company has also succeeded in launching operations in Russia and Australia. Managers at Petronas stated their objective of responding to globalization as far back as 1994. Therefore, the company was able to take advantage of the favorable global business environment to position its brand image strategically.
Diversity of operations
Petronas engaged in a wide variety of business activities relating to oil and gas exploration, production, marketing, and distribution. These activities include upstream oil and gas exploration, downstream oil refining, distribution of oil and gas products, gas liquefaction, and petrochemical manufacturing. However, a number of business initiatives are not related directly related to the oil and gas operations such as property investment, automotive engineering, and shipping. The company owns the Petronas Twin Towers, which happen to be the world’s tallest twin towers.
Huge potential for market growth
The main area where the company is likely to achieve market growth is exploration and production. Petronas has optimized exploration and production activities to ensure that the level of production does not decline as some of its basins both in Malaysia and abroad become mature. The objective of this strategy is to extend the lifecycle of the resources that are currently available.
Weaknesses
Tarnished reputation arising from environmental pollution
Petronas often faces criticism for air, land, and water pollution in the countries where it operates (Hussain, 2005; Pirog, 2007). It is perceived to be one of the world’s leading polluters through its exploration and production activities. Environmental activists have continued to rally against the company even after launching initiatives aimed at demonstrating its ability and commitment to reduce pollution.
Legal problems
Petronas has encountered a number of legal problems since its inception. The lawsuits have turned out to be not only costly but also destructive to the company’s image. In most cases, the lawsuits arise from claims of oil royalties, organizational negligence and environmental pollution. In 2012, one of the Malaysian states, Kelantan, filed a lawsuit against Petronas for breach of contract and unpaid loyalties.
Opportunities
Expanding export market
As part of its globalization strategy, Petronas has been focusing greatly on the export market. Since 1994, the company has been pursuing an aggressive internationalization strategy with a view to expand the reach of its petroleum and chemical products (Tordo, 2011; Keller, 2011). More opportunities to expand the company along this dimension still exist.
Threats
Regulation and operational constraints posed by national governments
National governments are a major source of constraints on Petronas’ expansion efforts. For example, in December 2012, the Canadian government blocked a $5.2 billion bid by Petronas to acquire Progress Energy, an American oil company. The Canadian ministry of industry stated that it was blocking the takeover bid simply because it would not bring about any benefit to Canada.
High competition
The highest level of competition for Petronas exists on the international front. In the company’s bid to transform itself into an international oil company, it has had to face competition from established IOCs with greater experience in international operations. This competition makes it increasingly difficult for the company to build a competitive edge, thereby threatening its survival.
Management styles and organization culture: ExxonMobil versus Petronas
One of the defining moments of ExxonMobil’s management structure was the 1989 Valdez oil spill (Johnson, 2000). The spill led the company to reevaluate the way all its operations are managed (Johnson, 2000). The company’s management started emphasizing a lot on safety issues. Meanwhile, today, it is difficult to analyze ExxonMobil’s management style without focusing on the leadership style of Rex Tillerson, the company’s Chairman and Chief Executive Officer. Tillerson is famous for acknowledging that his company had contributed to global warming. This was something that his predecessor Lee Raymond never admitted. In fact, Lee was so conservative that he thought that the best time or ExxonMobil was when it stayed out of media limelight.
Tillerson’s leadership style is different in that he likes to use all available public relations opportunities to enhance the company’s image and to provide information about the quality of its corporate operations. Under Tillerson, the organizational culture of ExxonMobil has changed as well. The company no longer abides by the strict code of doing things that used to make employees constrained in terms of what they could or could not do.
In contrast, the management style and organizational culture of Petronas has not changed much since its establishment in 1974. The concept of institutionalized knowledge management has become entrenched in the company’s management hierarchy over the years. The company’s employees have traditionally been encouraged by top management to view Petronas not as an NOC but as an IOC. This explains why the company has for decades promoted the idea of venturing into foreign markets in Africa, Latin America, Middle East, as well as other Asian countries. With such a strong strategic focus, the company is poised to continue thriving in both local and international fronts in the future. However, a culture that puts too much emphasis on globalization is likely to be disadvantageous as far as efforts to deal with local competition are concerned.
Conclusion
NOCs differ from IOCs in terms of the business contexts in which they operate. However, in recent decades, a new trend has emerged whereby NOCs are increasingly venture into the international market. Consequently, differences between these two categories of organizations are becoming increasingly difficult to point out. Meanwhile, it is still important for would-be investors, to understand the scope of challenges being experienced by these companies. The case of ExxonMobil shows that although IOCs benefit from tremendous international experience, they are also vulnerable to criticism by different stakeholders at the global level. This poses a serious threat to its public image as well as future operations.
On the other hand, NOCs such as Petronas are in a unique position to expand their operations internationally. However, investors may be unwilling to risk their investments in NOCs that put their national operations at risk because of putting too much emphasis on global expansion. Conversely, they may be keen to examine the responsiveness of oil and gas companies to environmental sustainability as one of factors influencing investment decision.
References
Beale, F 2009, ‘Short-termism and genuineness in environmental initiatives: a comparative case study of two oil companies’, European Management Journal, vol. 27, no. 1, pp. 26–35.
Hussain, A 2005, A case study on Petronas globalization: A strategic management decision, Routledge, London
Johnson, D 2000, ‘Deliberative rhetoric as a step in organizational crisis management: Exxon as a case study’, Communication Reports, vol. 8, no. 1, pp. 54-60.
Keenan, J 2005, ‘Chad-Cameroon Oil Pipeline: World Bank & ExxonMobil in ‘Last Chance Saloon’’, Review of African Political Economy, vol. 32, no. 104, pp. 395-405.
Keller, K 2011, Strategic brand management: Building, measuring, and managing brand equity, Pearson Education, London.
Livesey, S 2002, ‘Global Warming Wars: Rhetorical and Discourse Analytic Approaches to Exxonmobil’s Corporate Public Discourse’, Journal of Business Communication, vol. 39, no. 1, pp. 117-146.
Pirog, R 2007, The role of national oil companies in the international oil market, University of Toronto Press, Canada.
Skjærseth, J 2009, ExxonMobil: Tiger or Turtle on Social Responsibility? Cambridge University Press, Cambridge.
Tenner, A 2002, ExxonMobil Energy Management, Free Press, Baltimore.
Tordo, S 2011, National oil companies and value creation, Blackwell Publishing, New York.
Here is the MS Word version of the assignment in case you would like download a copy and view Harvard style: [embeddoc url=”https://www.termpaperchampions.com/wp-content/uploads/2019/08/SWOT-Analysis-Paper-in-Harvard-Format.docx” download=”all” viewer=”microsoft”]
Second example of SWOT Analysis Paper
(See paper below the instructions)
Paper instructions
We will have eight in-class discussions of Harvard Business School, Darden, and Ivey cases. These assignments provide the opportunity to analyze cases that are based on real-world business situations, make recommendations, and consider the implications of your decisions. In short, you will practice decision-making that is generalizable. All the students are expected to actively participate in the discussion, and to be ready to give your assessment when called upon.
You are required to turn in a total of two case write-ups (note: these are to be done individually, i.e., these are not group assignments). Cases are due at the beginning of lecture on the designated day for that case discussion, as indicated on the course schedule (at the end of this packet). Late cases will not be accepted.
I will provide you with a case analysis template (CAT) that you should use as the format for writing up your cases. You will need to highlight the relevant facts in the case, your assumptions, and your decisions on the various aspects of the communications program. Include an executive summary that communicates the essence of your analysis and recommendations. Your case write-up should be about 2 pages types single-spaced in length. The executive summary should be typed and not exceed ½ page single-spaced.
Make sure you make good use of the relevant data in the case. Be creative; make non-obvious inferences. Present specific, comprehensive, and practical plans. Make sure your paper is logically structured, clear, and concise. I will deduct points for poor writing (i.e., incorrect spelling, improper grammar or sentence structure, writing that is not concise, etc.). When you are on the job, your boss will make judgments about you based on your communication skills (among other things) – this is good practice.
Case Analysis: Burberry
Executive Summary
Burberry is a company that was founded in 1856 by Thomas Burberry. Since its formation, it has risen to become one of the leading brands in the fashion industry. In the case study “Burberry”, the author highlights a number of problems that have affected the company prior to the appointment of Rose Marie Bravo in the summer of 2003. When Bravo joined Burberry, her main goal was to transform the firm into a global giant in the fashion industry. The company had turned into a tired garment manufacturer. Rose Marie had a mission of transforming it into a luxury, lifestyle brand that would be stylish, aspirational, and brandish. The new chief executive has invested in strategies that have helped in revamping the fortunes of the company. The main aspects of the era of Rose Marie targeted the brand positioning in the market. Rose Marie changed the brand of the company from an outwear company to the luxury brand. Further recommendation for the company provided in this case study includes creating a luxury product line with slightly lowered prices to accommodate the young adults and attract more people from the middle class. The market positioning will allow the firm to tap into the young adults’ luxury markets who aspire for stylish and contemporary apparel but they do not have sufficient means to purchase such brands. Expanded segmentation will help expand the market opportunities for the firm.
The Problem (s)
Burberry is a company that was founded in 1856 by Thomas Burberry. Since its formation, it has risen to become one of the leading brands in the fashion industry. In the case study “Burberry”, the author highlights a number of problems that have affected the company prior to the appointment of Rose Marie Bravo in the summer of 2003. When Bravo joined Burberry, her main goal was to transform the firm into a global giant in the fashion industry. The company had turned into a tired garment manufacturer. Rose Marie had a mission of transforming it into a luxury, lifestyle brand that would be stylish, aspirational, and brandish. The firm had a problem of skills, knowledge, and experience among its staff members. Rose Marie was thus keen on bringing in a top management team that would help her in implementing her vision of transforming the fashion brand from an outwear manufacturer to a luxury brand. The new executive was thus interested in hiring people who had previously worked in stores, shops, and fitting rooms. The brand of the company had become worn out. Rose Marie understood the importance of having a good brand in the fashion market. The Chief Executive was also keen on changing the name, packaging, and the logo of the firm. The company name was thus changed from Burberry’s to Burberry and a new contemporary logo and packaging was introduced.
Situational Analysis
To assess the weaknesses and strengths of the company, a SWOT analysis of the company was conducted.
Strengths
The analysis revealed several strengths of the firm that are helpful in determining its position in the market. The analysis revealed that Burberry is an iconic fashion brand. The company had a long history in the fashion market thus making the Burberry brand to be synonymous with the British fashion industry. The company has had further expansion into other markets that include the Chinese market. The firm is known for producing garments that are of high quality and long-lasting. The company is also recognized for its customized services where shop assistants are provided with IPads that can be used to trace the history of a customer. The IPads are also helpful in establishing the state of the stock in the company. Customers can easily establish whether the item they are looking for is in stock or not. Another strength of the company is that it has a global footprint. The company has stores in over 50 countries with most of its revenue coming from the Asia Pacific region. The company has managed to receive royal warrant twice given by Queen Elizabeth II and Prince Charles. The association of the firm with the royal family has contributed to the creation of its big brand. The company has been in engagement with the community through the use of the social media. As a resulted, it has accumulated a lot of followers.
Weaknesses
The company uses premium range to price its products. The price of the products suggests the high quality of its apparels and clothing but the high price makes most of its products unaffordable to a huge population. Besides, most youth are unable to afford them despite them being the highest consumers of fashion brands. Burberry has invested in a limited line of products thus restricting its market capability. The company has specialized in luxury apparel, beauty products, and accessories. Lastly, the company is highly dependent on the Asian market. A significant part of its sales comes from the Asian market. It implies that a change in consumer taste or market policies in the area could to a significant loss of market for its products.
Analysis of Competition
The top competitors in the apparel industry for Burberry include Chanel, Christian Dior, Ralph Lauren, Gucci, Prada, Louis Vuitton, Versace, Hermes, and Coach. Burberry falls among the top ten global luxury goods players in the world. Among the luxury good players, Burberry ranks fourth according in market share by sales based on 2001 Merrill Lynch estimates. The position of other players is presented in the table below:
Source: Youngme Moon-Harvard Business Review
Target Market
The current target market for Burberry is the high end market who can afford the premium high price of its products. It targets middle-aged men and women from the upper class. The products of the firm are marketed as luxury items and the high price can only be afforded by a few customers. The company has branded itself by showing the quality of its products, style, as well as elegance. The company also displays the beautiful craftsmanship of its products. The company targets a market that appreciates smart and stylish classic style. As a result the company has a limited market compared to other brands that target both the middle-aged and young males and females. The highest consumers of fashion products are young adults. It is thus necessary for the firm to expand its market segment to accommodate the young adults. By expanding its market, it will tap into the high number of young adults who desire luxury brands but do not have the means. The firm could thus introduce a new line of apparel that is targeted at the young adults. The new line of clothing could focus strictly of fashion favored by the young adults but at a slightly reduced price compared to its premium products. The new line of clothes can be restricted to specific store in specific regions.
Communication Objectives
The current communicative objective of Burberry is the creation of awareness of the quality and benefits of its luxury products for the high end products. The firm has also opened new expanded its products to accommodate the youth. The current communication objective should be creating a memorable image for its products. The targeted market segment for the youth thrives on brands. Introducing the luxury brand for the young adults at a reduced price should be positioned through creation of an image that will attract them.
Message Strategy
The current message for the market segment outlines the luxury and the classic and iconic style of their brands. The message strategy only reverberates with the middle-aged segment. The current message strategy should aim at presenting the products as contemporary and stylish. Young adults prefer new styles as opposed to classic ones.
Creative Strategy
The message of the advertisement should present the sophistication of the clothes to portray the contemporary style that is preferred by the young adults. However, the advert should also incorporate some classic styles to retain the middle-aged market segment and attract more.
Media Strategy
Currently, the firm has focused on advertising on television and high end magazines. They should expand their media strategy to include the social media. The adverts should be placed on Facebook, Instagram, and YouTube among other media channels.
Budgeting
The budget allocated for the marketing communication program is sufficient. Advertising on social media sites is relatively cheap compared to other forms of advertising.
Research Strategy
The company is conducting surveys to establish the consumer tastes and preferences. The survey has established the need to expand the product line to accommodate the young adults. The survey has enabled the company to determine the gaps that need to be filled in the youth product line. The survey has also established the need to lower the prices to accommodate the young adults and the middle class
Sample Personal SWOT Analysis
Personal SWOT Analysis
| Strengths | Weaknesses
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| One of my greatest strength is my leadership skills. As a general manager, this strength has enabled me to lead my co-workers towards achieving the main objectives of the organization. Majority of my co-workers have pointed out creativity as another strength that they see and admire in me. This strength gives me the ability to improvise materials and innovate tools to work to my advantage. The human resource regarding the skilled labor force in the firm forms a great strength for the general performance of the organization. For instance, the skilled co-workers form a great team which I find no difficulty being their leader. | As a general manager, I have limitations when it comes to making major decisions in the firm. For instance, my position does not allow me to expand the firm and create other branches. I have the reputation of being an overachiever. Many employees may fall victims of being overworked due to my high expectations for them without me realizing it. The best way to avoid instances of employees being overworked is by creating a flexible work schedule for everybody and ensuring that everyone delivers what is expected of them. |
| Opportunities
|
Threats
|
| As a general manager in a pharmaceutical firm, I have the opportunity to sell drugs to the less fortunate at a lower price. Besides that, this position places me at a level where I can make long lasting and good relations with government officials who can help expand the firm. The position also places me at an advantage of observing and learning the current trends in the world of pharmaceuticals that I can later implement in the firm.
|
My weakness of being a workaholic poses a threat to the firm in the fact that the employees who are not resilient may opt to quit and in the process incite others to follow suit. The company faces constant competition from other firms which produce better and more efficient drugs. Other external forces such as government regulations may become a threat to the firm as well.
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