Alcoa Mission Statement Revised 18Jul14

Topics: Generally Accepted Accounting Principles, Balance sheet, Asset Pages: 17 (3598 words) Published: April 1, 2015
Senior executive
In this report we have analyse the key findings for Alcoa ltd and summarize Alcoa’s products and services, including the success of this company and at the end we talk about recommendations and conclusions. Alcoa mission statement

Our vision is to be the best company in the world – in the eyes of our customers, shareholders, communities and people. We expect and demand the best we have to offer by always keeping Alcoa’s values top mind. Summary of Alcoa LTD products and services

Alcoa is a worldly renowned company dealing in lightweight metals engineering and manufacturing, it recreates multi-material solutions that advance our world. Our technologies enhance transportation, from automotive and commercial transport to air and space travel, and improve industrial and consumer electronics products. We enable smart buildings, high-performance defence vehicles across air, land and sea, deeper oil and gas drilling and more efficient power generation. We pioneered the aluminium industry over 125 years ago, and today, our 60,000 people in 30 countries deliver value-add products made of titanium, nickel and aluminium, and produce best-in-class bauxite, alumina and primary aluminium products.(1) Identify key competitors

Norsk Hydro ASA , Hydro is a global aluminium company with production, sales and trading activities throughout the value chain, from bauxite, alumina and energy generation to the production of primary aluminium and rolled products as well as recycling. Based in Norway, Rooted in more than a century of experience in renewable energy production, technology development and progressive partnerships, Hydro is committed to strengthening the viability of the customers and communities we serve. Aluminium Corporation of China Limited (CHALCO) CHALCO is China’s largest alumina and primary aluminium producer and the world’s second largest alumina producer.(2) If your company operates multiple business discuss the corporate strategy Alcoa operates in more than 200 locations in 30 countries. Such countries are Australia, Belgium, Brunei, India and Singapore etc. The corporate strategy is about "Financial success" is the number one priority for any business. Alcoa has been a frontrunner in showing how improved information management can transform EHS from a burden to a financial advantage. The IHS global software platform has helped Alcoa hold down costs by eliminating the need to maintain hundreds of legacy systems, reducing the likelihood of regulatory fines, and minimizing disruption due to staff turnover. Alcoa's second strategic sustainability goal focuses on "environmental excellence. “Strong support from executive leaders for integration of sustainability into business operations and a global EHS system that tracks performance at both a micro and macro level enable Alcoa's EHS management team to drive continuous improvement of daily work processes and promote operational excellence enterprise-wide.

Swot analysis
Strengths: upward integrated operations, market diversity, excellent capabilities of financial performance and provide ever ready resources in good quality, practise high quality of safety requirements. Has a global recognition Weakness: legal cases, high level of debt, fraud

Opportunities: Rising Aluminium Prices and Aluminium Replacing Steel Threats: Rising Electricity Prices Environmental Regulations Fierce Competition Pestel analysis
Economic factor
Alcoa is exposed to fluctuations in foreign currency exchange rates and interest rates, as well as inflation and other economic factors in the countries in which it operates. Economic factors, including inflation and fluctuations in foreign currency exchange rates and interest rates, competitive factors in the countries in which Alcoa operates, and continued volatility or deterioration in the global economic and financial environment, could affect Alcoa’s revenues, expenses and results of operations. Changes in the valuation...
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