Complete Strategic analysis of Oman Oil Company

Number of Words : 10299

Number of References : 22

Assignment Key : SOO-19054

Contents

  • Content for this assignmentIntroduction 3
  • Content for this assignmentPart A 4
  • Content for this assignmentAbout Oman Oil Company SAOC 4
  • Content for this assignmentStatement of Issue 5
  • Content for this assignmentAnalysis of the Factors contributing to the Issue 6
  • Content for this assignmentOrganizational Structure and Culture 6
  • Content for this assignmentHuman Resource Practices 7
  • Content for this assignmentSystem 9
  • Content for this assignmentRecommendations 11
  • Content for this assignmentPart B 15
  • Content for this assignmentLiterature Review of Frameworks used to analyse the Issue 15
  • Content for this assignmentMcKinsey’s 7 s Model 17
  • Content for this assignmentHerzberg’s Two-Factor Theory 19
  • Content for this assignmentLeavitt’s Diamond Model 20
  • Content for this assignmentPart B 22
  • Content for this assignmentLiterature Review of Frameworks used for providing Solution to the Issue 22
  • Content for this assignmentJay Galbraith’s Star Model 22
  • Content for this assignmentHarvard Analytical Framework 24
  • Content for this assignmentConclusion 27
  • Content for this assignmentReflection 29
  • Content for this assignmentReferences 35

Description

Organization’s reputation and success depends on its competencies and its ability to respond to the changes in the external and internal environment. Organization’s by being highly responsive to the changes in the market condition enables it to sustain and have a competitive edge in the market. Some of the external environmental factors include increasing customer needs and expectations, competition, changes in business regulations, changes in political and economic systems. The internal environmental factors include the structure, culture, processes, human resource, leadership approach etc. In spite of the favourable external environment it is essential for organizations to analyse the internal environment and identify the factors, which can add further value to the organization if changed to a certain level. Oman Oil Company SAOC is a government owned commercial oil producing company. The company does not face issues by any external environmental factors but the internal environmental factors are influencing its performance, which has to be addressed to continue with its success and profitability. The Part A of the report analyses the factors leading to the internal inefficiency, which in long run can lead to financial and business loss. The report then provides recommendations to overcome the identified issues. Part B of the report provides the literature review of the management frameworks used to identify the factors leading to the issue and the recommendations. The report includes in the end, a reflective account of the experiences that the author of this report has gone through.

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