corporate, business, and functional levels of any organization which main purpose is to
describe the objectives, goals, and also other plans necessary for accomplishing these
goals. Finance, Marketing, Operations, and also Personnel are also important and should
be measured when incorporating a strategic plan for any business. The Mensa Company
has engaged itself with various businesses, which include Energy, Packaging, Forest
Products, and also Financial Services. Each individual businesses and their sub-divisions
should be required to appraise performance and also modify business strategies to ensure
that increasing productivity is the main goal …show more content…
The most obvious
challenge of this organization is to find a way to strategize and increase the resources
such as financial, capital, and manpower towards the most appealing of the four
businesses and sub-divisions while taking advantage of all opportunities.
At a glance, the Financial Services and Energy business are doing very well for
the Mensa Company and may need to look to make more investments into those two
businesses. However, a more strategic decision needs to be made whether or not to
decrease the size of both the Forest Products and Packaging businesses or just shut down
the businesses all together. The current dilemma that the organization is face with is
choosing which business or businesses is the most capable and how to go about making
the right decisions. Although there are many opportunities as far as for profits and
potential growth within the organization, there are many threats that exist and need to be
considered. Mensa corporation needs to make sound business decisions regarding
planning for each business and …show more content…
Growth and adding
more products and services could help to increase profits to over $300,000,000 million
over the next 5 years making this business to be one of the most promising between all
four businesses.
The Energy business of the Mensa Company deals with several sub-divisions
such as exploration, development, and production of oil and gas. The acquisition of Gas
was very helpful as Easy Gas was the sole supplier of natural gas in the state of Florida
and also showed the ability to provide strong cash flow. The Florida pipeline was also
major and beneficial because this particular aspect of the Energy business increases the
overall profits for the business as a whole, which estimated to increase over
$300,000,000. As of right now and in the future, investing in large amounts towards the
exploration division can be seen as a high risk due to large in size, and powerful
competitors within the this particular segment of the industry. As a recommendation, the
organization should look to the long-term by investing more in the Florida