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Internal Analysis of Saks Power

   

Added on  2023-04-21

3 Pages1062 Words309 Views
Leadership ManagementLanguages and Culture
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Internal analysis
Saks Power is the primary electric utility in Saskatchewan, Canada. Built up in the
year 1929 by the common government, it serves in excess of 522,000 clients and oversees
over $10 billion in resources. Saks Power is a noteworthy boss in the Canadian area with
more than 3,150 lasting full-time staff who is typically situated in around 70 networks. The
key people that are associated with the firm are Mike Marsh, who is the Chief Executive
officer of the company. The company deals in transmission and generation of electricity and
distributes it in various regions (Bull, et al 2016). Saks power is subsidiary of Crown
Investments Corporation of Saskatchewan. The company made a record of the peak load of
3747 MW and recorded a gross electricity of 24374 Gigawat hours. Further the company also
made the capital investment worth $886 million and continues to increase for the purpose of
the future growth and the sustainability in the sector of the power and electricity. Not only
was this the company also awarded as Canada’s 25th Best Employers firm by Forbes
Magazine in the year 2016 (Sakspower, 2018).
The internal analysis basically includes the evaluation of the strength and weakness of
the company that are prevailing in the market along with the opportunities and the threats that
are prevailing in the external environment. Following table will provide a deeper insight to
the internal analysis of the company.
Strength
Company uses power from natural
resources such as coal, hydro and
wind sources.
Vertically integrated power
generation utility with 67 power
plants and 17000MW capacity.
Trade of electricity between
Manitoba, North Dakota and Alberta
Brand value is on the summit since
the company had the conventional
legacy since 1929 (Sakspower, 2018).
Customer focused culture and the
optimization of the customer
interactions. Served around 1041383
customers till now.
Residential retail discount program
that is inclusive of lighting and home
automation programs
Consultation programs for Saks
power are created only for the
purpose of the engagement of wide
variety of stakeholders, communities,
land owners, municipalities,
Weakness
Poor employee engagement leads to
less accountability and performance.
The lack of performance failed to
achieve the targeted goals set by the
company (Pereira, Martins, Pecenka
& Angélica Cássia, 2017).
Decreased performance is due to low
recognition and consistently low pay,
non-availability of the practical skills
and leadership skills.
Growing demand for energy and the
other competitive strategies may clash
Rising costs of the electric grids by
$9 million in comparison to the
previous year.
The unfavourable volume of the fuel
mix and offset price variance (Pereira,
Martins, Pecenka & Angélica Cássia,
2017).
No policy framework
Precent debt ratio did not match to the
standards
Lower income as compared to the
Internal Analysis of Saks Power_1

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