Could you please go over my essay to fine tuning it, I?m focused on grammar and business vocabulary on regard strategy and sustainability subjects. This job must be done by tomorrow?s morning. It?s a 664 words document.
Strategy and Sustainability
This essay tries to explain the strategy and sustainability, using personal, work experience from
the point of view of
?The five competitive Forces That Shape Strategy? and ?Firm Resources
and Sustained Competitive Advantage? papers.
I have had the opportunity to work for two highly respectful companies for the 12 years. These
companies have several different divisions which are integrated by a different type of businesses,
segmented by a different type of industries. These two companies serve different kinds of
markets or industries, in some point they are competitors for same industries, such as General
Industry sector, my main subject to express applying, Porter?s five forces to the Medium Voltage
Industry (Switchgear product).
Buyer Power, Switchgear is an engineering to order product, in other words tailor made upon
customer?s technical specifications, so it?s not a commodity. Firms in the industry offer similar
capabilities. Firms also provide opportunities to the customer to follow design, manufacturing
and testing on site. Business customers can negotiate favorable shipping terms and on site
startups based on the size or package acquired to the firm.
Thus, buyer power among large
corporate customers is high.
Supplier Power, The primary inputs, are labor services, equipment supplied by focus factory
same company, and commodities such as copper and steel. Key materials come from the same
company focus factories; therefore, it reduces supplier power. The principal items of equipment
are breakers and relays, and they are the same company brand. Thus, equipment supplier power
is relatively low. Hiring individuals with the education and skills needed to develop this type of
product is difficult because these skills and knowledge are rare.
Thus, supplier power is high.
Rivalry among Existing Firms. Seven global firms, hold 95 percent market share. Smaller firms
compete in a particular geographical or customer markets.
Thus, rivalry is relatively high.
Threat of New Entrants, The cost of acquiring manufacturing equipment, developing leading
products such as Relays, breakers and engineering to orders technicians overcoming entrenched
firms in an already crowded market makes the threat of new entrants low.
Threat of Substitutes, The main threat to medium voltage switchgear product is the new
integrated technologies for CCMs and Relays, these modern designs are being made by the
powerful dominant firms; thus, the threat of substitutes for Medium voltage switchgear is low.
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From the Sustainability point of view, these two large firms own their resources, capabilities,
organizational process, assets, firm attributes, information, knowledge, history and reputation.
They are remarkably similar on having an exceptionally strong code of conduct (Integrity) which
aims to conduct business in the right way and law, for each country these companies have
presence. They take care of stakeholders at all levels, shareholders and respecting environment
and community, in other words, they have the Three P’s (profit, people, and planet).
One of these
companies go beyond on this regard, since they evaluate their suppliers and suppliers? suppliers
to certify that they are on compliance with environmental and labor rules upon country?s
regulations, meaning that they are quite industrious on having the right labor and compensation
with no environmental impact, in top of that, this company is promoting by leading by example
the Leadership in Energy, and Environmental Design (LEED) is a suite of rating systems for the
design, construction, operation, and maintenance of green buildings, several existing plants are
being converting under LEED program, and new plants are LEED conceptualized from the
design board, this extraordinary effort represents a valuable resource investment for the company
which is fully committed with the environment and future generations. These two companies
have an extraordinarily strong top management leadership team, they may have different ideas;
however, they are brilliant visionaries to take their businesses to the next level. As a summary,
after I spent almost six year for each company, I realized that strategies and sustainability are
different; they serve same customers, they have similar products; nevertheless they target the
same goals, for instance, growth market share, profitability, law compliance, environment and
people development. Strategy and Sustainability
This essay tries to explain the strategy and sustainability, using personal work experience from
the point of view of ?The five competitive forces that shape… check I… View the full answer
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