Managing Strategy, Operations and Partnerships

   

Added on  2023-01-05

7 Pages852 Words89 Views
MANAGING STRATEGY,
OPERATIONS AND
PARTNERSHIPS SG7001
Managing Strategy, Operations and Partnerships_1
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................2
MAINBODY...................................................................................................................................2
Pest Analysis................................................................................................................................2
Porter’s five force........................................................................................................................3
Develop survival and success factors for the industry.................................................................4
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5
Appendix..........................................................................................................................................6
Managing Strategy, Operations and Partnerships_2
INTRODUCTION
Management of strategies refers as a series of techniques for directing and controlling a
business to gain projected goals and objectives within timeframe. There is an example of
Thermax Ltd company which is headquartered in Pune, India and offers worldwide product
services to the customer. In this report will analyse external environment and competitive
environment of the proposed company with the support of analytical tools i.e. pest analysis and
porter’s five force model.
MAINBODY
Pest Analysis
It is analytical tool that is used for analysing external environment of business (Perera,
2017). This model is used for the Thermax Limited to identify major issue of the company with
different external factors.
Political factor: Instability of government is a political factor, but this factor does not
have any impact on Thermax Ltd because it offers different kind products to the customer
across the world.
Economical factor: Economy slow down is the economical factor that impacts on
company’s performance for example it increases interest rate due to this company unable
to invest money in improving advancement in existing technology.
Socio-cultural factor: Demographical change is one of the major socio-cultural factor but
it do not get any impact from this factor because it mostly sell it’s product through B2B
model.
Technological factor: Development of new technology is considered technological factor
that impacts on organization’s profitability and performance in it’s sector. For example it
has less advancement in technology due to this it gets negative impact on it’s selling
infrastructure.
Managing Strategy, Operations and Partnerships_3

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