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Write a 9 pages paper on complete a detailed, structured strategic evaluation of an organisation and consider how well the organisations current strategic plans and commitments, address the identified
Write a 9 pages paper on complete a detailed, structured strategic evaluation of an organisation and consider how well the organisations current strategic plans and commitments, address the identified opportunities, threats and risks. This is to determine the strengths, weaknesses, opportunities and threats that the company might face. A PESTEL will also be used to determine the political, economic, social, technological, environmental and legislative standing of the company.
The current strategy being used by the organization is that it is employing a new set of standards for strategic philanthropy in their operations. Many individuals, especially women have benefited from the strategy because the strategy has worked to sponsor women who have a passion for business and management. This has earned it a brand for being an organization that supports social welfare of women in the society. Moreover, the strategy has positively impacted the stakeholders because new organizations are contributing to the company to continue its charitable course. Therefore, the organization has earned trust and loyalty among stakeholders, government and other non-profit organization both locally and internationally (Ellis, 2013: 67).
Goldman Sachs as an organization that focuses on transnational banking activities like asset banking, securities, asset management and monetary services, it must have a functional structure. This is because to be able to run all these operations and make profits is a huge job that needs strong SWOT analysis and PESTLE analysis to work through. The power at Goldman Sachs is centralized in that the organization has one main man in power. However, the power chain follows a vertical line in that power flows from the CEO to the general manager and goes down the chain. This type of power chain is effective in quick decision making hence time conservation and enhancement of profit margins.
The financial situation of the company over a three year trend has shown the stock increase. This is largely contributed by the flat revenue experienced by the company over the years.