Strategic Management Essay Example | Topics and Well Written Essays - 2500 words - 4

Strategic Management - Essay Example This report analyses the industry as well as the company with the help of the various strategic tools like the SWOT Analysis, PEST, Porter’s Five Forces, Porter’s Generic Strategies as well as the Ansoff Matrix. These would provide an insight to the feasible strategic alternatives that are available to the company which would help the company survive in the long-run. Contents Contents 2 Introduction 4 Strategic review 5 Industry Competition 10 Suppliers 11 Buyers 11 New Entrants 11 Substitutes 11 The Generic Strategies 12 Conclusion and Strategic Options 13 Introduction Hutchison Whampoa Limited is a group of companies that has a number of operations across different countries of the world. The company is highly committed to the development of technology and innovation. The brand has international presence in almost 52 countries of the world. 260000 people comprise the human resource strength of the organisation. The company has a customer base of 23.5 million as on 201 2 which is experiencing and upward trend since its inception. The company is listed in the Hong Kong stock exchange and has a high market capitalisation. The six main areas where the company’s businesses are specialised are the telecommunications, infrastructure, property and hotels, ports and related services, retail as well as energy. In order to carry out the different businesses the company has to maintain proper business relations with the suppliers and the various dealers. The company strives to maintain a multicultural environment and therefore there is a wide range of mix in the human resources that drive the company towards its goals. The aim of the company is to maintain a very high standard of corporate governance which would ensure accountability and transparency in the process in which the work is carried out. These attitude and work cultures have won the company various accolades and honours. The vision of Hutchison Whampoa Limited is the attainment and maintena nce of the highest standard in the corporate governance which would suit the interests and the necessities of the company. At the same time the interests of the subsidiaries also have to be taken care of. Sound corporate governance would ensure that the equity holders of the company are getting the right value for the money that they have invested into the company. The company should strive at enhancing the interest of all the stakeholders of the company. The mission of Hutchison is to attain these agenda by ensuring that all the corporate governance principles have been applied. The board of directors should be of good quality who would exercise internal control in the most effective manner. The disclosure practices of the company should be carried out in the most stringent manner. The company should adhere to its values of maintaining transparency in the corporate practices which results from the accountability of Hutchison to its shareholders. The goal of the company is to improv e these practices in the most efficient manner. The company also intends to maintain a sustainable communities and business for a long run. Strategic review Hutchison Whampoa Limited operates in six different sectors which include telecommunication, energy, infrastructure, retail, ports and properties as well as financial services