logo

Evaluation of John Wood Plc.'s Organisational Structure and PESTLE Analysis

   

Added on  2022-11-23

12 Pages3596 Words243 Views
BUSINESS ENVIRONMENT
Evaluation of John Wood Plc.'s Organisational Structure and PESTLE Analysis_1
EXECUTIVE SUMMARY
The present report is based on the evaluation of John Wood Plc.’s organisational structure
comprising of various executive and non-executive directors at the company’s board where a
clear lines of responsibilities, authority at board till lower level of the organisation has been
clearly indicated with the adoption of hierarchical organisational structure. The various
importance of PESTLE analysis has been highlighted along with its necessities for modern
businesses to avail competitive advantage in the market. Also, there is a list carried out for
detailing various external factors with the help of PESTLE framework that can influence John
Wood Plc.’s environment. The analytical model (PESTLE) has been applied to the company
with examples.
Evaluation of John Wood Plc.'s Organisational Structure and PESTLE Analysis_2
Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY..................................................................................................................................4
TASK 1............................................................................................................................................4
Overview of John Wood Plc........................................................................................................4
Organisational structure of John Wood.......................................................................................4
Directors at Board........................................................................................................................4
Executive and non - executive directors......................................................................................4
Chairperson and CEO of John Wood Plc....................................................................................5
TASK 2............................................................................................................................................5
Importance of PESTEL framework.............................................................................................5
Important for organisation to carry out PESTEL analysis...........................................................5
TASK 3............................................................................................................................................6
(A) List of Factors associated with each elements of PESTLE framework influencing the
environment of John Wood plc....................................................................................................6
(B) Application of PESTLE factors on John Wood Plc. with examples.....................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11
Online........................................................................................................................................11
Evaluation of John Wood Plc.'s Organisational Structure and PESTLE Analysis_3
INTRODUCTION
Business environment consists of various factors which are both internal and external to
the business. These factors can have both positive and negative impact over the functioning of
the business which may be direct and indirect both. These factors involves competitors,
employees, customers, suppliers, social, cultural, technological, political (government) and legal
conditions surrounding a business (Stverkova and Pohludka, 2018). The present report include
the structure, management and its governance in the context of John Wood Plc. Various
importance of PESTLE analysis will be discussed in the second task of the report and in the third
task by listing out the PESTLE factor that can influence the environment of John Wood Plc. will
be discussed along with the application of PESTLE factors on the company with the help of
examples.
MAIN BODY
TASK 1
Overview of John Wood Plc.
JWG (John Wood Group) is a multinational company based in UK which mainly offers
operations and projects solutions and consultancy. It has it’s headquarter in Aberdeen, Scotland.
The company is operating in energy sector having operations in many different nations. It
provides range of production support, engineering products and maintenance management
services to the energy sector across the world. The company has three segment that is, Asset
Solutions, Technical Consulting Solutions and Investment services (John Wood Group PLC.
2021). Wood Group is listed London Stock exchange and also a constituent of FTSE 250 index.
Wood Group is a public limited company having approximately 45000 employees.
History of John Wood Plc.
John Wood Plc. was founded by Ian Clark Wood in 1982 after splitting away from the largest
fishing company of Scotland that is, JW holdings. In September 2000, it has acquired an
engineering business of Houston that is, Mustang Engineering Inc. and in 2002 it gets listed on
LSE. The company has announced in March 2017 that it would be acquiring its rivalry in a deal
to buy all stock of Amec Foster Wheeler which was valued at £2.2 billion approximately (John
Wood Group PLC. 2021). And the final settlement take place for the same on 9 October 2017.
Organisational structure of John Wood
There is clear structure pertaining to the organisation of the company which indicates control and
monitoring of the business operation by defining appropriately the lines of responsibilities
(Boyce and Ville, 2017). Such lines of responsibilities clearly indicate authority at board level
and delegation of authority at different levels. Therefore, a hierarchical organisational structure
prevailing in John Wood Plc.
Directors at Board
There are approximately 10 directors at the board of John Group Plc. (Annual report of the Wood
Group. 2021).
Evaluation of John Wood Plc.'s Organisational Structure and PESTLE Analysis_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Importance of PESTEL Analysis for John Wood PLC
|11
|2907
|106

Business Environment Assignment : Barratt Developments PLC
|10
|3101
|14

Examining Governance and Structure of Desklib
|10
|3167
|302

Business Environment: Governance and PESTLE Analysis of John Wood PLC
|14
|3172
|417

Business Analyse: History, Structure, and PESTEL Analysis of Royal Bank of Scotland
|11
|3297
|90

Importance of PESTEL Analysis for Hilton Food Group PLC
|11
|2876
|28