BDO & Governance: A Comprehensive Analysis of Business Strategy

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This report provides a comprehensive analysis of BDO & Governance, examining its organizational structure, internal and external environmental forces, and the various risks it faces. It delves into the company's business practices, highlighting decisions that enhance organizational performance, such as setting attainable benchmarks and fostering employee engagement through monetary and non-monetary rewards. The analysis also covers essential functions within the business, including marketing, finance, and human resources, emphasizing the importance of strategic planning, legal compliance, and effective recruitment to achieve the company's overall strategy. The report concludes that by addressing financial and reputational risks through innovative technologies and focusing on global expansion, BDO & Governance can continue to improve its performance and maintain a competitive advantage. Desklib provides a platform to explore similar solved assignments and past papers for students.
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Running head: ANALYSIS OF BDO & GOVERNANCE
Analysis of BDO & GOVERNANCE
Name of the Student
Name of the University
Author note
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1ANALYSIS OF BDO & GOVERNANCE
Executive Summary
The report has helped in analysis of the internal and external environment analysis of the
respective organization named BOD & GOVERNANCE. The different issues and risks has
been described in which the different kind of strategies has been applied and it has helped in
gaining competitive advantage as well. The different kind of functions of the organization has
been described with analysis of the functions such as marketing and human resource
department as well.
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2ANALYSIS OF BDO & GOVERNANCE
Table of Contents
Introduction................................................................................................................................3
Organizational Structure............................................................................................................3
External and internal environmental forces...............................................................................4
Porter’s Five Forces Model Analysis.........................................................................................5
Impact of environmental forces on BDO & GOVERNANCE..................................................5
Risks faced by BDO & GOVERNANCE..................................................................................6
Business practices of BDO & GOVERNANCE........................................................................6
Essential Functions of BDO & GOVERNANCE......................................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8
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3ANALYSIS OF BDO & GOVERNANCE
Introduction
The report helps in analysis of the organizational structure of BDO &
GOVERNANCE Company in which the external and internal environmental forces has to be
analysed in an effective manner. Proper analysis of the risks has to be done as this will help
in describing the different business decisions as to enhance the organizational performance.
The essential functions within the business organization will help in assisting the organization
to achieve the strategy in an effective manner.
The main aim and purpose of the report is to understand the different kind of
organizational structure with the help of external and internal analysis in an effectual manner.
Proper impact will be analysed in an effectual manner as this will help in analysing the risks
in an effectual manner.
The structure of the report is to include the structure of organization, external and
internal environmental analysis along with impact of the risks that will affect the business.
The different business practices as this will help in understanding the importance of the
important functions.
Organizational Structure
BDO & GOVERNANCE was founded by M. L. Seidman in the year 1910. The
respective company tried to provide their customers with exceptional kind of services
provided to the clients. The company has tried to expand their services and tried to reach the
different geographic locations as well. The entrepreneurial spirit of BDO & GOVERNANCE
helps in continuing their growth in an effective manner (Wheelen et al., 2017).
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4ANALYSIS OF BDO & GOVERNANCE
External and internal environmental forces
Proper internal analysis is required to be done by BDO & GOVERNANCE as this
will help them in understanding the threats from the other competitors in the market. The
SWOT analysis will help the company in understanding the strengths, weaknesses,
opportunities and threats as well.
Strengths
It has huge global presence in the
entire world
It helps in providing wide range of
services to the customers
It has large base of clients in the
entire country
It is one of the largest tax and
accounting firms in the world as
well
Weaknesses
The company is too big in nature to
budge
The brand image and advertising
campaigns are not strong in nature as
well
Opportunities
It has tried to further expand their
business along with growth of the
business
There is inclusion of different kind
of compliance kind of services
There is increased demand for the
different solutions for expert
Threats
The global company is volatile in
nature
The growth and expansion of the
competitors has increased to a huge
extent and this has created huge
issues for BDO & GOVERNANCE
as well
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5ANALYSIS OF BDO & GOVERNANCE
Porter’s Five Forces Model Analysis
Competitive Rivalry with BDO & GOVERNANCE is where the degree of the
competitiveness is high and it has created limitations of aggressiveness of the different firms
as well (Moutinho & Vargas-Sanchez, 2018).
Bargaining power of Customers of BDO & GOVERNANCE is the force in which
the high number of customers has weak kind of contribution towards the bargaining power of
buyers of BDO & GOVERNANCE as well (Steinbach et al., 2017).
Bargaining power of Suppliers of BDO & GOVERNANCE is wherein the supply
chain of the respective company is under the bargaining power of the suppliers and this is
affecting the information technology business (Baranenko et al., 2014).
Threat of substitutes of BDO & GOVERNANCE where this threatens the respective
company in terms of the revenue reduction. The moderate kind of cost of the changing is
creating huge barrier against the customers of BDO & GOVERNANCE as well
Threat of new entrants of BDO & GOVERNANCE is reducing the competitive
advantage of the respective company. There is strong force on the high limitation of
potentiality along with high cost of the entry of the different kind of issues as well (Slack,
2015).
Impact of environmental forces on BDO & GOVERNANCE
There is huge impact of environmental forces on BDO & GOVERNANCE in which it
has been seen that the different kind of competitors of BDO & GOVERNANCE has created
moderate kind of differences and this has created huge issues for the company as well. it has
been seen that there are different kind of environmental competition and threats such as
global competition in the market along with different kind of growth related issues as well
(Ginter, 2018).
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6ANALYSIS OF BDO & GOVERNANCE
However, despite such kind of challenges faced by the respective company the
different external kind of factors, the success rate of BDO & GOVERNANCE has increased
as they tried to increase their global presence all over the world as well and it has helped
them in boosting their performance as well (Hill, Jones & Schilling, 2014).
Risks faced by BDO & GOVERNANCE
There are different kind of risks faced by BDO & GOVERNANCE wherein it was
seen that it faced financial and reputational risks at a certain stage. The company faced
financial issues where it included the non-payment by the customers and this caused huge
loss for the company. However, the company dealt with the problem by introducing higher
interest charges on the loan and it solved the problem effectively (Barney, 2014).
Furthermore, the other risk faced by BDO & GOVERNANCE was the reputational
risk where the company was indulged in a fraud activity in which the employee was involved
in the book keeping fraudulent activities that has affected their goodwill in a negative
manner. However, the company tried to overcome such issues with the help of proper
implementation of innovative technologies.
Business practices of BDO & GOVERNANCE
The respective company BDO & GOVERNANCE has indulged into setting
benchmarks for their company that will be attainable by them. The proper employee
engagement is essential in nature as this will help the company in resolving the issues by
providing motivation to the employees effectively. There has to be different kind of monetary
and non-monetary rewards that will help the employees in handling the grievances.
Essential Functions of BDO & GOVERNANCE
The marketing and financial activities has to be analysed effectively by BDO &
GOVERNANCE where they need to improve their functions with implementation of the
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7ANALYSIS OF BDO & GOVERNANCE
planning and organizing the activities effectively. The human resource activities have to be
performed effectively in which the company included the managing the legal issues
effectively and recruiting the right candidates as well.
Conclusion
Therefore, it can be concluded that the organizational structure of BDO &
GOVERNANCE was a company and it tried to perform different functions in an effective
manner. There are different kind of external and internal analysis where it included the
different kind of training and development programs of the employees as well.
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8ANALYSIS OF BDO & GOVERNANCE
References
Baranenko, S., Dudin, M., Lyasnikov, N., & Busygin, K. (2014). Use of environmental
approach to innovation-oriented development of industrial enterprises.
Barney, J. B. (2014). Gaining and sustaining competitive advantage. Pearson higher ed.
Ginter, P. M. (2018). The strategic management of health care organizations. John Wiley &
Sons.
Hill, C. W., Jones, G. R., & Schilling, M. A. (2014). Strategic management: theory: an
integrated approach. Cengage Learning.
Moutinho, L., & Vargas-Sanchez, A. (Eds.). (2018). Strategic Management in Tourism,
CABI Tourism Texts. Cabi.
Slack, N. (2015). Operations strategy. John Wiley & Sons, Ltd.
Steinbach, A. L., Holcomb, T. R., Holmes, R. M., Devers, C. E., & Cannella, A. A. (2017).
Top management team incentive heterogeneity, strategic investment behavior, and
performance: A contingency theory of incentive alignment. Strategic Management
Journal, 38(8), 1701-1720.
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2017). Strategic
management and business policy. pearson.
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