APA format, Proposal for organizational development change , 8-10 pages
Running head: HUNTINGTON INGALIS INDUSTRIES 1
HUNTINGTON INGALIS INDUSTRIES 10
Huntington Ingalis Industries
Name:
Institution:
Huntington Ingalis Industries
Introduction
Huntington Ingalis Industries is a shipbuilding company based in the United States. The company also deals in the provision of special services to other companies and the government. The companies is a major player in the shipping industry as it plays an essential part in the determination of the basic prices of the ships that it offers to the market. As per 208, the company made a total revenue of $8.2 billion. It enjoyed a total of $836 million. It employs a total of 40,000 employees making one of the major companies within the industry. Ideally, the size of the company plays an important role in enabling it to serve diverse customers from various sectors. Conducting a SWOT analysis of the company plays an effectual part in the provision of an actual understanding of the industry and how it effectively functions.
Resource and Capability Analysis
Huntington Ingalis Industries has proven to be a resourceful company over the past years that it has operated within the country. The company possesses a business strategy model that matches is capability and resources. Conducting a resource and capability analysis plays an essential part in the creation of a better position for the company within the competitive sector. The activity will entail the identification of the important company resources that needs to be keenly conceptualized to provide the required stakeholder information (Barney, 1995). The identification of the capability and resources play an essential part in making the decision as to whether the company has a competitive advantage that gives it an advantage over its competitors. A resource refers to the productive factor that is needed by the company to achieve something. Capability refers to the ability of the firm to perform an internal activity.
In terms of labor, the company employs a wide range of skilled and unskilled labor. This provides the company with the ability to produce and meet the demands of their customers. As per 2018, the company had a total of 40,000 employees that provide both skilled and unskilled labor for it. The company has a team of maritime engineers that work collaboratively with mechanical engineers and aeronautical engineers to provide a reliable skeptic that the management can utilize to provide quality shipments for the industry. On the other hand, it has the required set of machinery and building that facilitates it to offer perfect services to the customers who mostly includes the government. The resources have enabled the company to create large aircraft carriers that are normally used during military operations by the country on various parts of the globe.
In terms of capability, the company has the required assets that enables it to remain competitive within the industry. This is a key aspect that has enabled the company to retain its competitive base and positively increase the level of competition. The aspect has positively turned. Financially, the company makes a total of $2 billion revenue which explains its ability to adjust by the industrial tides and remain competitive despite of the industrial tides. This is an important aspect that enables the company to remain equally competitive. The type of military technology that the company applies in the manufacture of the ships stand out. It applies all the updated maritime technology to ensure that they remain competitive. The competitive base that the company is keen t exploiting is based on the organization to create room for innovation.
Resource-Based View
A resource-based view plays an essential part in evaluating the superiority of the company. It is evident that Huntington Ingalis Industries is a key player in the maritime industry. Conducting a resource based view would facilitate the highlighting of key company resources to determine it general performance. As an employee of the company, this is an important activity that would facilitate the determination of the position of the firm within the industry that it operates within. RBV holds the assets of the company as part of the primary input for the strategic planning that the organization needs to apply. It is a technique that plays an important part in evaluating the competitive advantage that the company possesses within the industry. The combination of the resources is key in the realization of such factors as they facilitate perfect coordination within the organization which is a key practice that ought to be observed.
The capability and resources of the company play an effective part in adding value to the firm. Ideally, the financial, technological and labor aspect of the company enables it to exploit existing opportunities. For a long period, the company has remained a major player in the industry because of the superior technology that it applies in the construction of the ships. This is contributed by the financial power play and labor supply that the company enjoys in the industry. The company operates in an industry that has few competitors, however, the competitors offer completion to the company. Companies such as Gulf Coast Shipyard and Bae Systems possess the similar capabilities. However, the company has managed to deal with such skeptics and maintained its position within the industry.
A look at the industry plays an essential part in determining the importance of resources. The vast resources and capability that Huntington Ingalis Industries enjoys has played an essential part in placing the company at a competitive advantage. Ideally, the factor limits companies that do not poses the capabilities to a cost disadvantage. This is because the companies would deal in the production of small ships compared to the ones that Huntington Ingalis Industries produces for the government (Seidl, 2008). The organization of the management of Huntington Ingalis Industries explains its full capability for it to deal with competitive sectors such as expansion opportunities. The company can easily expand its operations and utilize the competition that is presented in the industry in a positive manner that is likely to bring out a positive influence to the basic operations of the industry.
SWOT Analysis
Strengths
The key strength that Huntington Ingalis Industries has is the superior technology that it applies. Huntington Ingalis Industries applies a superior technology that enables it to deal with the production of sophisticated aircraft carriers. This creates a competitive advantage of the company within the industry that it operates within (SWOT analysis: strengths, weaknesses, opportunities, and threats. 2016). It is an essential practice that leads to the development of basic company practices that relies on the ability of the company to understand complicated company practices (Jurevicius, 2013). The superior manpower that the company has also gives it a competitive advantage over other companies within the same industry. Apparently, the company has the ability to deal with the complicated market demands that needs superior manpower. The availability of both skilled and unskilled labor elevates the company to a better competitive position within the industry. This is a positive practice that leads to better operational practices.
Weakness
The weaknesses of the company make the company to limit its [production. The weakness entails the inability of the company to deal in the production of boats and other maritime equipment. The competitors operate at an advantage because they have the capability to deal with the production of boats. This limits the ability of the company to utilize the market gap and increase its productivity in a positive way (Developing strategy through internal analysis. 2010). The utilization of the practice leads to the development of positive measures that seem to focus on profit generation. However, lack of diversity has affected the ability of the company to effectively expand and utilize the market size to its advantage. This is a basic issue of concern that highlight the ability of the company to expand and operate in a proper industrial position that is likely to influence its growth opportunities.
Opportunities
The maritime industry has numerous opportunities that the company can keenly exploit. The production of private yachts has been a productive business that the company is keen at exploiting. Based on the superior technology that the company applies in the construction of aircraft carriers, the company can effectively utilize the factor to create perfect competitive base that is likely to have a positive influence on the ability of the company to be effective in its production. This is a positive activity that has led to the development of proper company practices that might lead to future expansion (Hergert & Morris, 1989). Ideally, the market for the yachts are readily available in the country as the people are eager to purchase the items. Exploiting the opportunity is a key factor that the management needs to be keen at utilizing.
Threats
The threats that the company faces come from rival corporations. The corporations seem to be keeping up with the latest technology used in the construction of ships. The aspect presents the company with the opportunity to effectively expand in the market (SWOT analysis. 2012). This is a basic factor that leads to the increase in production which is a basic activity that determines the future position of the company. Ideally, the companies seem to be also getting government contracts at much cheaper deals presenting a challenge as they offer the government with better deals (Jurevicius, 2013). Ideally, the management of Huntington Ingalis Industries needs to come up with a counterproductive way of ensuring that the risks involved re fully minimized to ensure that the company reaches its full potential in terms of productivity and controlling the maritime industry. This is an important factor that needs to be placed under consideration.
Value Chain Analysis
Value chain analysis is a technique applied to analyze the internal activities of the company. It is an important factor as it enables the management of the company to fully exploit the existing opportunities by creating a clear operational line that I fully effective. The action refers to the activities that take place within the firm that lead to the production of ships. Huntington Ingalis Industries has detailed value chain as it involved the skills from different experts to create a desired product to the market. Ideally, the activity takes place through secondary and primary support system (Jurevicius, 2013). Huntington Ingalis Industries has both system and they are keen at exploiting the factor to be fully effective in term of production and other essential factors that are important to expansion of the company within the competitive base that the company is operating within.
The primary activities that Huntington Ingalis Industries engages in entails the construction of the shipments. The activity takes place in a coordinated manner as the management develops practices that focuses on the actual interest of the firm. The activity entails daily assembly of the ship parts and creating important units. These are core activities that leads to the construction of the final carriers that the government demands from the company. The availability of both skilled and unskilled labor positively plays out in this case. On the other hand, the secondary support system of the company includes the contribution that the management puts to the company. It is evident that the management makes important contributions that have been important for the expansion of the sic company activities. This is effective because it positively leads to the creation of supported primary activities.
Conclusion
Conducting a SWOT analysis of the company plays an effectual part in the provision of an actual understanding of the industry and how it effectively functions. Huntington Ingalis Industries has proven to be a resourceful company over the past years that it has operated within the country. The company possesses a business strategy model that matches is capability and resources. A look at the industry plays an essential part in determining the importance of resources. The vast resources and capability that Huntington Ingalis Industries enjoys has played an essential part in placing the company at a competitive advantage. The weaknesses of the company make the company to limit its [production. The weakness entails the inability of the company to deal in the production of boats and other maritime equipment. The maritime industry has numerous opportunities that the company can keenly exploit. The production of private yachts has been a productive business that the company is keen at exploiting.
References
Barney, J. B. (1995). Looking inside for competitive advantage. The Academy of Management Executive, (4), 49.
Hergert, M., & Morris, D. (1989). Accounting data for value chain analysis. Strategic Management Journal, 10(2). 175-188.
Developing strategy through internal analysis. (2010). In Principles of management. Minneapolis: University of Minnesota Libraries Publishing. Retrieved from http://open.lib.umn.edu/principlesmanagement/chapter/5-6-developing-strategy-through-internal-analysis/
Jurevicius, O. (2013, April 25). Value chain analysis. Strategic Management Insight. Retrieved from https://www.strategicmanagementinsight.com/tools/value-chain-analysis.html
Jurevicius, O. (2013, October 14). Resource based view. Strategic Management Insight. Retrieved from https://www.strategicmanagementinsight.com/topics/resource-based-view.html
Seidl, D. (2008). Value chains. In S. R. Clegg & J. R. Bailey (Eds.), International encyclopedia of organization studies (Vol. 4, pp. 1600-1601). Thousand Oaks, CA: SAGE Publications Ltd. doi: 10.4135/9781412956246.n551 Retrieved from http://sk.sagepub.com.ezproxy.umuc.edu/reference/organization/n551.xml
SWOT analysis. (2012). Strategic management: evaluation and execution. Retrieved from http://2012books.lardbucket.org/books/strategic-management-evaluation-and-execution/s08-05-swot-analysis.html
SWOT analysis: strengths, weaknesses, opportunities, and threats. (2016). Community toolbox. Retrieved from http://ctb.ku.edu/en/table-of-contents/assessment/assessing-community-needs-and-resources/swot-analysis/main