Preview

Strategy and Change Management

Powerful Essays
Open Document
Open Document
2777 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategy and Change Management
TABLE OF CONTENTS

Introduction
Severstal strategic analysis
External environmental analysis
Porter’s five forces
Yips globalisation strategy
Current strategy
Industry life cycle
Market segmentation
Severstal acquisition activities
BCG MATRIX
Ansoff matrix
Stakeholder analysis
Conclusion
Appendix
References

Introduction:
This assignment is based on one of the biggest steel company in the world it is known as Severstal. This company was founded in 1955 by Cherepovets steel mill and remain under soviet government ownership until 1991. In 1993 Alexel Mordashov became owner of this company and registers the company name as Severstal in Russia. After the privatisation it becomes one of the international Russian companies with overseas export and ownership of foreign assets. And they also listed in LSE and RTS stock markets. They own production in Canada, US, and Europe. Severstal is one of the leading steel manufacturers in Russia. It consists of six segments such as Kolpino processing service Centre, metal ware, pipes, trading and services, steel and scraps procurement
In 2008, Severstal became third biggest steel producer in Russian and 14 in the world, and the revenue reaches to US$ 22.4 billion. In same year they decided to change company structure by making three divisions such as Severstal international, Severstal Russian steel and Severstal resources. These changes improved their profit in the world. In 2007 they also established gold business in the world. In 2010 Severstal improve their leading position in Russian market. However, they are famous for their high value added products such as galvanized sheet, cold rolled and pipes. However, the company got 10 boards of directors and 5 are independent director including chairman.
Finally, this research will examine the company strategic performance and tell us detail information of the company including its environmental factors and financial performance in the world.

You May Also Find These Documents Helpful

  • Powerful Essays

    Case Study Sun Cellular

    • 1234 Words
    • 5 Pages

    In order to achieve the purpose of the study, the group would like to know the chosen company by identifying its profile and its existing system which includes business processes, mission and vision, strengths and weaknesses, the company’s status, and the company’s stand on different issues of the society.…

    • 1234 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Assessment Activity Front Sheet This front sheet must be completed by the learner (where appropriate) and included with the work submitted for assessment. Learner Name Date Issued Hand in Date Assessor Name Submitted on…

    • 1089 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    • Integrating activities within the functional area (e.g., coordinating advertising, promotion, and marketing research in marketing; or…

    • 3072 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Nucor Corporation is the second-largest steel producer in the United States and has had net sales of $4.6 billion in 2000. Nucor recycles approximately 10 million tons of scrap steel. It operates in 9 states and produces carbon and alloy steel in bars, beams, sheet, and plate; steel joists and joist girders; steel deck; cold finished steel; steel fasteners; metal building systems; and light gauge steel framing. The company emerged from near Bankruptcy in 1966 to become one of the fastest-growing steel. Despite the recession in 1991, Nucor grew into one of the biggest and best-known global producers of steel.…

    • 1908 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    - Size, Share, Global Trends, Company Profiles, Demand, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2014-2018…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Company was founded in 1970 in Moscow, and executes government’s assignments on export of precious stones and metals such as platinum group metals, emeralds, amber, diamonds (rough and polished), silverware, nuggets and jewelry. Company imports consist of primary of pearls and special equipment. According to Russia National Classification of Economic Activities (RNCEA), company is registered under following activities:…

    • 987 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    „h It has core business in resources development, trade & logistics, engineering project and science & technology, equipment manufacturing and specialized service, providing comprehensive auxiliary service for steel industry, especially steel mills.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Nucor in 2009

    • 336 Words
    • 2 Pages

    Alternative 2: Acquire some international companies. Advantages: increase in market share and production capacity; company will outperform not only its foreign competitors but also domestic steel companies. Disadvantages: diseconomies of scale if business becomes too large, which leads to higher unit costs.…

    • 336 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    M&S is well-known for both its quantity basis clothing comes in most colors, sizes and styles as well as its quality particularly in the Food Hall, where the produce is often considered superior to that in many super markets. M&S is known to a lot of people as Marks & Sparks or M&S, is one of the leading retailers with over 600 stores in the UK and over 200 more in 40 other countries. Although perhaps not the most fashionable place to shop, most of its domestic store sells both clothing and food since the turn of the country it has started expanding into other ranges such as home ware, furniture and technology. In 1998 it became the first British retailer to make a pre-tax profit of over 1 billion GBP, though few years later it plunged into crisis which lasted for several years. In November 2009, it was announced that Marc Bolland, formally of Morrision, would take over as chief executive from Stuart Rose in early 2010; Rose will continue as chairman until mid 2011. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 index.…

    • 2810 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Strategy Management

    • 991 Words
    • 4 Pages

    Other reasons for which analytical models have their limitation are: ‘the theory and practice duality’ and the ‘constantly changing context’ (Pettigrew et al., 2001, p.11). Time and place are seen to be important influencing factors on ‘managerial practices and the patterns of…

    • 991 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Managing Strategy

    • 6253 Words
    • 26 Pages

    This module provides a comprehensive coverage of financial management from a corporate perspective, together with a comprehensive coverage of elementary financial mathematics. It includes the core objectives of corporate financial management, and the application of a range of analytical techniques and technologies, including financial mathematics, computer spreadsheet models and electronic calculator routines, to investment, financing and dividend decisions. The module also covers the impact of different income tax systems on investment evaluation from both a corporate and shareholder perspective.…

    • 6253 Words
    • 26 Pages
    Satisfactory Essays
  • Good Essays

    A massive takeover bid, upped in May 2006 by 34 percent to 25.8 euros ($US33 billion) (World Socialist, 2011), is currently underway by the world’s largest steel producer, Mittal Steel, for the world’s second largest, Arcelor. If successful, the massive new conglomerate had an annual output of around 110 million tons or about 10 percent of world steel production—three to four times that of its nearest rivals (World Socialist, 2011). With annual sales of $69 billion and 320,000 employees worldwide, it was the leading steelmaker in five of the world’s nine major markets (World Socialist, 2011).…

    • 641 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Apple Preliminarry Report

    • 2165 Words
    • 9 Pages

    The aim of the project is to find the company outline current situation addressing where and how they currently operate in home country market and globally with details market share of product ranges, pricing strategies, competitor analysis and the relevant key to the company and product. The company’s impact on global market share.…

    • 2165 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Unit 1 P1

    • 1928 Words
    • 8 Pages

    | |diversified into providing books, clothing and |Europe e.g. Czech Republic | |financially depends on its shareholders|as banking and insurance. |…

    • 1928 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Strategic Analysis -- AXA

    • 3782 Words
    • 16 Pages

    Through the investigation, there are four main parts related, but each part has detailed contents around different topics. The first part will introduce the company summary. PESTLE analysis, industry life cycle, Porters Five Forces analysis and key competitors will be introduced in the second part. After that, the report will show internal analysis including value chain and SWOT analysis. Finally, the part will focus on strategy formulation and making recommendations respectively.…

    • 3782 Words
    • 16 Pages
    Powerful Essays