Strategic Management

 

Writer required to prepare an assignment on Strategic Management.

The Company is Origin Energy. The assignment needs to be based around the Vision Statement, Mission, Formal Objectives. I will provide that detail.

Your task is to undertake strategic planning for your own organisation or for an organisation you are familiar with in your country or region.

Locate the vision statement, mission statement, statement of values and formal objectives of your chosen organisation. Not all organisations have a statement of values; if that is the case, you can do without the statement of values. Not all organisations have formal objectives; if that is the case, you will be required to develop some appropriate objectives as part of the assignment.

Write a report in which you:

Briefly describe the organisation and its industry.

Identify the vision statement, mission statement and statement of values; explain their appropriateness for the organisation; suggest potential improvements.

Identify the objectives; analyse their appropriateness for the organisation; suggest potential improvements, or develop some appropriate objectives and discuss why they are applicable.

Undertake an internal analysis of the organisation and an analysis of its external environment using appropriate strategic management tools.

Develop an appropriate strategy for the organisation. Make sure you explain why the strategy is relevant and how it relates to vision/mission/objectives. Clearly justify your argument.

You do not need to develop implementation processes, but you should mention the critical importance of implementation, execution, and evaluation of the strategies you come up with for this assignment.

Note: In a real world strategic plan it is unlikely that you would use formal referencing. While you might not use referencing in an actual strategic plan, you would definitely source your information from various company/industry reports and from journal articles. In this assignment you are required to make use of such sources explicit through referencing.

Origin call it their Compass

OUR PURPOSE

We aspire always to lead.

We deliver today’s energy needs, and we search and innovate to create tomorrow’s energy solutions.

We honour our principles and values, and they are evident in all we do.

We live our commitments to our shareholders, to our customers, to our people, to our communities and to our business partners.

OUR PRINCIPLES

Originís Principles provide guidance for making the right decisions.

We conduct ourselves and our business with due care and in accordance with relevant laws and regulations. We have an overriding duty to ensure the health and safety of our employees, and to minimise the health, safety and environmental impacts on our customers and the communities in which we operate.

We will add value to the resources that come under our control.

The value we create will be distributed to stakeholders recognising the need to ensure the sustainability of our business, and its impact on the environment and the communities in which we operate.

We encourage diversity and expression of ideas and opinions but require alignment with the Companyís Principles, Values and Commitments and the policies established to implement them.

When faced with choices, we make decisions knowing they will be subject to scrutiny. We should be able to demonstrate the soundness of our decisions to all stakeholders.

OUR VALUES

Origin’s Values describe good behaviour.

Caring

We care about our impact on customers, colleagues, the community, environment and shareholders.

Listening

We listen to the needs of others, knowing that an unfulfilled need creates the best opportunities.

Learning

We constantly learn and implement new and better ways, sharing information and ideas effectively.

Delivering

We deliver on the commitments made in all areas of performance.

OUR COMMITMENTS

Origin’s Commitments define the outcomes we strive to achieve for key stakeholders.

We commit to:

Deliver market-leading performance for shareholders by identifying, developing, operating and growing value-creating businesses.

Create value for our customers, by understanding their needs and delivering relevant and competitive energy solutions to meet those needs both today and into the future.

Create a rewarding workplace for our people by valuing everyoneís contribution, encouraging personal development, recognising good performance and fostering equality of opportunity.

Respect the rights and interests of the communities in which we operate, by listening to them, understanding and managing the environmental, economic and social impacts of our activities.

Respect the rights and interests of our business partners, by working collaboratively to create valued and rewarding partnerships.

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