Critical strategic analysis forecast of the oil and gas business unit of General Electric Company: A conceptual review

The General Electric Company (GE) is considerably assessed as one of the world’s most successful corporations in the 20th Century. GE is a huge multinational conglomerate with one of the most highly innovative business units/divisions in the world. Due to the vast majority of GE’s products and services, a critical strategic analysis forecast of one of the conglomerate’s eight business units – Oil and Gas is presented for a conceptual review. The paper details how these Strategic Business Units (SBUs) explored the efficiency and market focus of their business portfolio through diversification, innovation, and acquisition. Resource allocation and value chain analysis of the SBU was conducted to determine the certainty of the company’s competitive edge. The portfolio of the SBU; oilfield services, oilfield equipment, turbomachinery, and process & digital solutions were reviewed using the Boston consulting group (BCG) matrix while the Ansoff matrix was employed to analyze and predict the company for sustainable future growth and divestment. In 2017, the synergy between these SBU and Baker Hughes to deliver a full-stream integrated oilfield portfolio revealed a strong and enhanced competitive advantage of the SBU across the global oil and gas industry, however, the analysis of the company shows that the SBU still experiences underperformance in the stock market.

Supply chain management and performance of brewing firms in South-South, Nigeria

The broad objective of this paper is to determine the nature of relationship that exists between supply chain management and performance of brewing firms in South-South, Nigeria. Specifically, this study seeks to ascertain the extent of relationship between agile supply chain and organizational innovation. The study was fastened on Ludwig von Bertalanffy systems theory of 1950s. Survey research design was adopted for the study, a total population of two hundred and forty-eight (248) was used for the study. Census sampling method was used for the study because the population is a manageable size. The data collection tool employed by the researcher was the questionnaire, while the analysis of the data was done using the linear regression analysis. Results obtained from the test of hypothesis revealed that a strong significant positive relationship exists between agile supply chain and organizational innovation (F =6755.312; R-squared = 0.853; P <.05). Based on the findings, the study concluded that there exists a strong significant positive relationship between supply chain management and performance of brewing firms in South-South, Nigeria. Base on that, the study recommended an enactment and implementation of an agile supply chain strategy by the production department of the focused brewing firms as it could impact organizational innovation.