Ecosystem on Industry Sector for Saudi Aramco- myassignmenthelp

Question: Discuss about theEcosystem on Industry Sector for Saudi Aramco Company. Answer: Introduction In this paper, we are going to analyse the strategic implication for Saudi Aramco Company which deals with the export and import of the fuel and oil across various nation. The strategic plans were designed for achieving the objectives of the company such as reinforcement in the oil and gas industries, integration of value chain program for managing hydrocarbon, development of green operational program for the company, and lastly increasing the satisfaction level of employers by providing them healthy and safe working environment. Analysis of the external ecosystem: The external ecosystem of the company is comprised of governmental agencies, industrial groups, transportation services, and core market services. It was recommended that the company should take step forward in managing value chain for the hydrocarbon released in the storage of oil and gas in the environment, green marketing schemes should be equipped by the company during the transportation of the oil and gas for delivery to numerous nation, new policies and procedures framework should be deployed for lowering down the risks associated with the environmental hazard which can be caused such as oil spills in the ocean, release of high amount of hydrocarbons, and dumping of hazardous waste in the environment, and others (Nicolaescu, Alpopi, Zaharia, 2015). Strategic Implications of the analysis The strategic plan has been developed for supporting the green marketing schemes for the betterment of the company operational plan. During the implication of the strategic plan, problems arises in the management of the hydrocarbon content in the water and air due to the spilling of oil at the time of storage. Limitation The risk of oil filling is the major hazard for maintaining and developing eco-friendly environment with the operational working plan of the enterprise. Future Strategy action plan The issues, chaos, and conflicts of the employees should be resolved to avoid destruction in the later stages of the project, operational cost should be reduced in engaging the employers at their work, and others (Eccles, Ioannou, Serafeim, 2015). The market shares which are lost by the company can be regained through the deployment of eco-friendly transportation and storage of the oil and gas to the various associated countries which helps in increasing the sale of the fuel at global level. Recommendation It is recommended that the step should be taken for reducing the hydro carbon content in the air and water content because the air and water pollution can be increases the risks of health hazard to employees which restrict the productivity of the enterprise. The training and development program should be organized for the employees to enhance their skills and expertise in handling the services related to the fuel oil handling. Stakeholder analysis The analysis of the stakeholders helps in focusing that the inefficiency of the stakeholders in managing the business operation can slower down the rate of productivity which can cause loss of share in the global market (Nuseibah and Wolff, 2013). The new policies and education framework should be designed which helps in motivating the employees to match their assigned tasks and responsibilities with the goal of the company to achieve long term sustainability in the global market. Conclusion It has been concluded that the happy and satisfied employees increases the productivity of the enterprise. The development healthy working condition helps in achieving the green marketing for the enterprise. References: Eccles, R., Ioannou, I, Serafeim, G. (2015). The impact of corporate sustainability or organization processes and performance. 1st ed. (ebook). Available at: https://www.hbs.edu/faculty/Publication%20Files/SSRN-id1964011_6791edac-7daa-4603-a220-4a0c6c7a3f7a.pdf [Accessed 20 Apr. 2018]. Nicolaescu, E., Alpopi, C., Zaharia, C. (2015). Measuring corporate sustainability performance. 1st ed. (ebook). Available at: www.mdpi.com/2071-1050/7/1/851/pdf [Accessed 20 Apr. 2018]. Nuseibah, A., and Wolff, C. (2013). Business ecosystem analysis framework. 1st ed. (ebook). Available at: https://ieeexplore.ieee.org/document/7341356/ [Accessed 20 Apr. 2018].