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Strategic Management: Analysis of Emerson Automation

   

Added on  2023-06-18

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Strategic Management
Strategic Management: Analysis of Emerson Automation_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1.Vision, mission and value.........................................................................................................3
2. Conduct SWOT Analysis along with its implications for the organisation.............................5
3. Long term objectives...............................................................................................................6
4. Culture issues...........................................................................................................................8
5. Recommendations for successful strategy formulation and its implementation for the
organization.................................................................................................................................9
CONCLUSION..............................................................................................................................11
REFRENCES.................................................................................................................................12
Strategic Management: Analysis of Emerson Automation_2

INTRODUCTION
Strategic Management is the process in which organization sets goals and objectives for
making the company more competitive and on effective and efficient scales (Ioannis and et.al.,
2020).
The report will analyze mission, vision and core values of Emerson Automation along with
the organization’s key features and changes which will be mentioned for organization. Further,
SWOT analysis will be conducted which will help the organization with examining its
implications and through this all the basic information of organization will be known.
Furthermore, long term objectives and specific strategies will be adopted by organization on
large scale. Analysis of people, their capabilities, organization structure and corporate cultural
issues will be evaluated for organization. Recommendations will be framed for successful
strategy formulation and its implementation to be on effective and significant grounds. Thus, all
these aspects and factors for Emerson Automation will help in knowing the ways and process
through which all things are being formulated.
MAIN BODY
1.Vision, mission and value
Vision- The vision of Emerson company is to increase transactions in different fields.
Mission – To achieve manufacturing excellence, increase productivity, improve quality, enhance
safety and reduce cost.
Emerson automation is a public company in gas and oil industry. They are making other
products also such as, power technologies, electric motors, storage systems, industrial
automation, climate technologies etc. It is important to provide good quality products so that
customers can be satisfied and it will help in earning more revenue. For every company it is
essential to build good image in market and expand business by satisfying customers.
Features of organisation
Emerson company has many features which help them in earning more profit and creating
positive image in minds of consumers.
Strategic Management: Analysis of Emerson Automation_3

Tank management – This is a feature of company as managers are taking care that all
tanks are filled and there is no leakage. They try to provide good quality products to
customers and want to build good image in market. Managers of organisation should
ensure that employees are doing work efficiently and in all the departments work is
managed properly (Ravi, 2018). It is essential to manage tank inventory and focus on
achieving goals & objectives of company.
Well optimization- In an organisation, it is important to use resources efficiently and
there should be minimum wastage of material. There is scarcity of resources, so
employees should not waste material. They must make efficient use of material and
manufacture good quality products so that needs of customers can be satisfied. When
resources are used efficiently and employees are also working hard then it becomes easy
to accomplish goals and objectives of company. It is important to use material and
machines effectively & efficiently so that better products can be made.
Automation and control software – In oil and gas industry, automation and control
software is required so that work can be done in systematic way. This will help in
managing all the activities and control software will help in controlling all departments
and making plans for changes if required (Fischer and et.al., 2018).
Control and safety system Safety and control system will help in improving
productivity of employees. It is the responsibility of managers to provide safe and healthy
environment to workers so that they can work efficiently and focus on achieving goals of
company. It is important to make some safety plans or proper training should be given to
employees. It will help in reducing chances of accidents or employees will not get
injured.
Operation management software - They are having operation management software
which is useful in managing day to day activities and help employees to work efficiently.
It is important to apply software so that work can be done in systematic way and there
will be no confusion among employees. When work is done with the help of software
then it becomes easy for workers to work effectively. This will help manager of Emerson
company in managing all the activities and better products can be made (Salkuti, 2019).
There are some changes which can be made by managers of Emerson company so that they can
provide good quality products to customers. They can apply surface control management to
Strategic Management: Analysis of Emerson Automation_4

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