final presentation

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Lockheed Martin Corporation

Abdussamet Akca

Lockheed Martin Corporation

To: Jack Harris

From: vice president governmental affairs

Date:15 February 2021

Sub: under Lockheed Martin Corporation (overview)

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I am here to state that this is the overview of Lockheed Martin Corporation and Jack

Harris is the CEO of the consulting firm consulted by the CEO of Lockheed Martin Corporation,

crisis consulting.

Business profile

In the contemporary world, there are many challenges facing companies in different

industries in both developed countries and undeveloped countries. There is a great need to

understand the potential risks that may face the business to take care of the shareholder interests,

meet the legitimate consistency, and secure the required resources such as human resources

scholarly and reputational resources. Customers are helped with data by the shareholder value-

added. It also helps in another backup and preparation so that people in the organization are

ready to distinguish risk and so that they can quickly react to crisis consulting (Dove et al.,

2018). The SVAs problem consulting can work with customer administration to identify the

potential turmoil that Lockheed martin corporation is likely to face. The understanding of using

fitting systems and methodologies and the advancement of the same make it possible to oversee

and relieve emergencies through computerized systems. It is possible to utilize and outline

recreations by testing setups and arrangements. Through the operational reviews and the

preparation of potential crises in the Lockheed Martin Corporation, one’s status is also protected.

If the problem exceeds, then the SVAs group can react to the expansive scope of the crisis to

develop the best action to solve these crises.

Crisis consulting international has supplied security and crisis administration to different

organizations such as the Christian evangelist. The concern consulting international has been

helping these groups evaluate risk, improve policy creations, site overviews, and arrange training

staff, crisis administration group, meetings management of occasions, among others. Other

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activities include risk assessment, prioritization of risks, evaluation, and comprehension of

corporate risk profile. Crisis consulting international uses scientific procedures to prepare

customers in perceiving and measuring risks to understand the effect of these risks so that they

can use the available methodologies to oversee risk and avoid it (Davies, 2019). SVA is used in

the business impact assessment process to break down the business with the end goal in mind.

That builds up top to bottom comprehension of recognizing the primary regions primarily

dependent on the company. This audit aims to establish more extensive deterrent ways of risk

arrangements and prepare programs. SVA can also be incorporated with working with customers

to create programs for Lockheed Martin corporation to take the company to global levels; the

accomplished groups then work with customers to advance these techniques and keep the

projects running. It is then easier to respond to crises and to render back up in any other area

needed.

The company's biggest competitors include Boeing, BAE Systems, and L3Harris

technologies. The company faces competition because some of these companies enjoy a large

capital base. However, Lockheed Martin can acquire a market share of 28.77%.

Opportunities

There will be governmental conflicts and crises within there will always be the need for

the security vulnerability assessment.

Threats

Competitors have a large capital base.

The actions taken in cubbing the current crisis might not be fair to everybody; hence they

might be considered biased.

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Governmental action

The biggest challenge that the business faces are governmental regulations. The

government regulates everything that happens in the organization, and if the company has to do

something, it must be within its permit. Any activity carried out without a license attracts

punishments and fines from the government. This is a way that the government creates

monopolies because it affects fair competition between companies. Some political choices affect

the objectives of a multinational such as the Lockheed Martin Corporation because they might be

antagonistic to the business activities. When the government makes laws, for instance, that limit

the companies to undertaking some activities, this can cause an obliteration due to transformation

because it might benefit some companies more than others. There are significant scale risks, and

the small-scale and large-scale risks affect every single segment in the corporation. In contrast,

the small-scale risks can affect a specific area of the business, due to the antagonistic

circumstances and the likelihood of the government making political choices that restrict every

single move of the business the comp [any mighty not be able to undertake essential activities

that might be profitable if they do not have the license. These restrictions lead to companies not

taking some opportunities.

Therefore, there must be a refinement to ensure the company does not lose cash due to

these political restrictions; this is done by evaluating the firms’ political risks and the nation's

political risks. The political risks associated with the firm are the activities in Lockheed Martin

that are naturally unfair. For instance, the likelihood of a legislature withdrawing their agreement

with Lockheed Martin or when a psychological oppressor gathering focuses on Lockheed

Martin's physical operations is a firm particular political risk. On the other hand, the nation's

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unique political risks are not coordinated in a firm but are countrywide, influencing the execution

of a firm. Through fusing of solid intervention dialect, firms can decrease the probability of these

risks by, for instance, upgrading to the nearby security so that fear-based oppressor assaults are

done away with. It is difficult for firms to have control of the political risks. The most profitable

way of avoiding the political risks is to quit the corporation's nation. However, this would be

losing a market; therefore, the company must come up with ways of ensuring the risks can be

dealt with, or at least they can operate with those risks. The government risks emerge from

administrative power; whether legally or illegally used, this power affects the organization's

activities. In addition, there is a risk of precariousness risks. These might include individuals

fighting for control or progression; in this case, Lockheed corporation only faces problems with

the government risks because it is the power of administration used to create restrictions for the

company.

The organization can be saved from the political risks through legitimate arranging and

due persistence. The company should first evaluate the market it will operate in and assess its

chances to succeed in this nation. Another way is to build a decent company is to ensure that

there is a good reputation of the employers of Lockheed Martin treating their employees with

respect and humanity.

Lockheed Martin teams

The company operates in segments, and also it deals with different types of business.

Depending on the type of business being carried out, the company is divided into sections led by

various teams. There are sub-industries formed by these segments, including the defense,

military, aerospace, etc. Each piece is expected to create whatever product they are making to be

competitive in the market. These segments also contribute to different products for the company

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since the company is subdivided into various industries which manufacture additional items.

Other segments and departments support the organization, such as the sales department and the

human resource management teams, among others. The items produced by the company are sold

worldwide, and also, they compete well in the market, considering Lockheed Martin corporation

has a market share of 28.77%. The company's net incomes are generated from collecting

information and supplying it to the government and different businesses such as information

technology, electronics, aeronautical, missiles, and space. There is also fast growth caused by the

company acquiring other companies. The company is both a security and aerospace technology

company.

By providing the available services, the company can command a significant market

share and remain competitive in the market due to its teams. The most profitable areas include

the security aerospace defense industry and information. These segments have made the

Lockheed Martin corporation have the largest market share of advanced technologies. Other

teams, such as the human resource management teams, help ensure the labor-capital is well

managed to ensure maximum productivity. Ensuring maximum productivity for the company

through proper management of the human resource is essential because the company employs

technology, and it is only through the appropriate management of human resources that

technological advancements help create more competitive items in the market (Torres &

McCarthy, 2020). In addition, proper management of human resources brings satisfaction to the

employees, leading to more motivators, hence more advanced items that are more competitive in

the market. The company can offer its customers and government well-performing products with

advanced advertising systems. The products can be handed directly to group gear individuals,

offering them to the government or sponsoring the goods in the market. The company's items are

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seen and gotten in the market and introduced to different buyers who might be interested in the

company's products. This kind of representation is crucial in the market because it helps the

company set on-field legitimacy due to the excellent acquisition of the products in the market.

Territorial donning merchandise chains and the national ones are incorporated through wholesale

channels to produce the company deals. There are also house stores in Maryland which offer

these items through the company’s system.

Stakeholders

Since the company is a multinational that operates on a global scale, it becomes essential

to understand who is influenced by the choices taken by the organization and the people who are

capable of impacting results. The partner idea has been accomplishing boundless prominence

among producers and scholastics, the media, and corporate chiefs (Suydam & Pyles, 2020).

There is a methodology used to draw partners, and there are also government restrictions and

regulations when it comes to choosing the partners. Lockheed Martin grew from the acquisition

of companies, and advanced technologies own it; therefore, for this company, the partnership is

all about attracting the consumers from the start instead of reducing competition or bringing

monopoly. It is coming together for the companies to ensure they produce the best they can for

their consumers and the benefit of the shareholders. Different stakeholders help in the success of

the corporation, and these include:

Internal stakeholders: these are the stakeholders responsible for activities like

financing, co-appointing resource distribution, and the wellbeing of Lockheed Martin. They

oversee crucial actions in the company.

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External stakeholders: these are the people who contribute their perspectives and also

undertake activities that are critical to them. These include the community, administration

clients, and other individuals affected by the company's activities.

Stakeholder analysis is carried out to help consider the people that should be

incorporated in the Lockheed Martin corporation list of the stakeholders. In the stakeholder

analysis system, the people to be regarded as stakeholders are vetted and analyzed and how the

company impacts them and how they impact the company. Through partner mapping, it is

possible to develop the required data to distinguish the objectives gathering and evaluate which

partner has more impact on the organization. It is determined which stakeholders have a stake in

the organization. At the same time, partners of Lockheed Martin are portrayed in the companies’

terms, and they are distinguished as the worker's administration, among others. In contrast, the

external partners include their clients’ suppliers and contenders (Gregg et al., 2019). It is possible

to attempt a cross limit in the advancement of systems undertakings and projects in a client to

ensure the stakeholders' wellbeing and ensure their interests are taken care of.

Current environment

The Lockheed Martin Corporation is a multinational that operates globally to offer

information technology solutions, military and aeronautical services, among many more. With its

large make share in advanced technologies, it can gain an excellent financial position to continue

competing with other competitors such as Boeing and general dynamics. The company operates

in a very competitive environment which keeps it on its toes and ensures the company produces

the best items and offers only the best in the market (Gaspar, 2020). In addition, there are

political risks that face the company in the environment; these are the business regulations that

can prevent the company from going into some activities. Although the companies that compete

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with Lockheed have a large capital base and a lot of experience in the space and security systems

industry, they can still compete due to its use of advanced technologies and other strategies such

as an acquisition. The company uses defense and aerospace systems to develop the best products

and reliable data supplied to the government. Due to these systems, the company can make a

good bargaining power in the market to acquire a good market share hence an excellent financial

position.

References

Davies, C. C. (2019). Lockheed Martin overview of the AFRL EXPEDITE program. In AIAA

Scitech 2019 Forum (p. 0173).

Dove, R., Schindel, W., & Garlington, K. (2018, July). Case study: Agile systems engineering at

Lockheed martin aeronautics integrated fighter group. In INCOSE International

Symposium (Vol. 28, No. 1, pp. 303-320).

Gaspar, J. F. C. M. M. (2020). Equity research-Lockheed Martin Corporation (Doctoral

dissertation, Instituto Superior de Economia e Gestão).

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Gregg, S. P., Scharadin, R., & Clements, P. C. (2019). The best of both worlds: Agile

development meets product line engineering at Lockheed Martin. INSIGHT, 22(2), 25-

31.

Suydam, A., & Pyles, J. (2020). Lockheed Martin Conceptual Design Modeling in the Dassault

Systemes 3DEXPERIENCE® Platform. In AIAA Scitech 2020 Forum (p. 1391).

Torres, F., & McCarthy, K. (2020). Lockheed Martin Overview of the AFRL EXPEDITE

Program: Power and Thermal Management System. In AIAA Scitech 2020 Forum (p.

1129).