Best Practice Corporations

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Best Practice Corporations |

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5/19/2013 |

Submitted to Dr.

Final Course Project

ECO -

The following is a list of five international organizations that have been noted for their best practices in world economy and I have found impressive while studying at XX University. I will format a review of each organization the SWOT analysis matrix. (Humphrey) After analyzing each of them in their internal strengths and weaknesses and environmental opportunities and threats, I am going to attempt to describe the similarities and major differences of these five multinational companies. Finally, I would like to state how I would implement some of their “best practices” into my organization.

The Boeing Company

Boeing is engaged in the design, development, manufacturing, sales, and support of commercial jetliners, satellites, military aircraft, human space flight and missile defense. The company generates significant revenues from defense systems and commercial airlines. The company employees 171,700 as of 2012. Its home office is in Seattle, Washington with international subdivisions in the United Kingdom, Australia, and Canada. (The Boeing Company)

StrengthsDiversified business offeringsStrong focus on R & DStrong financial performance | WeaknessesDeclining performance of defense systems divisionRelatively low employee productivityWeak turnover ratios |

OpportunitiesGrowing demand for commercial airplanesStrong order backlogRising defense spending in the US | ThreatsIncreasing prices of aluminum and titaniumIntense competitionHeavy dependence on US government contractsGovernment regulations |

Home Depot

Home Depot is the world’s largest home improvement retailer as of January 2008. The company operates 2,248 stores in total including 2,193 Home Depots in the U.S., Canada, China and Mexico. Its headquarters is in Atlanta, Georgia and employees 331,000 as of 2012. (Home Depot, Inc.)

StrengthsStrong Market positionHigher returns...