ETOP(Environmental Threat and Opportunity Profile) is a technique to structure environmental involves: Dividing the environment. Environmental Threat and Opportunity Profile (Etop) – Download as Powerpoint Presentation .ppt /.pptx), PDF File .pdf), Text File .txt) or view presentation. ETOP analysis is a management tool that analyses environmental information and determines the relative impact of threats and opportunities for the systematic .
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Environmental Threat and Opportunity Profile (ЕТОР)
When organizations are alert and have enough resource they can turn a threat into an opportunity, such as a new technology that may displace one of the key products but also provides an opportunity for new product development.
Traditional managers give explicit instructions to employees, while progressive managers empower employees to make many of their own decisions. Impact studies should be conducted focusing on the various opportunities and threats and the critical issues selected.
Ironically, stronger organizations can be exposed to a greater level of threats than weaker organizations, because success raises envy and competition which a successful organization needs to fight to get ahead.
However, they are facing tough competition in oil exploration and production from private players like Reliance, Essar, Adani, etc.
Environmental threat and opportunity profile | business management strategy
Some opportunities can be foreseen, such as being able to expand a franchise into a new city. ETOP Analysis Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key people within the corporation or organization.
Strategies are means of operationally signing a policy for goals and objective. It results in a quantity of information related to forces in the environment.
Currently, Dehradun based University of Petroleum and Energy Studies is considered as the only private University which offers PHD, post graduate and undergraduate courses in energy and petroleum. Business environment analysis is a regular business feature. Sometimes very micro and neglected issues mar the strategy. Efforts should be taken to make assessments more objective wherever possible. The field environmenal analysis goes hand in glove with ETOP, as here also the contribution with regard to opportunities and threats posed by the environment is also a necessary part of study.
ETOP-Environmental Threat and Opportunity Profile
Some external elements can be manipulated by company marketing, while others require the organization to make adjustments. Use Balanced Scorecard for effective strategic implementation August 21, Corporate image, or reputation, etoop the manner in which a company, its activities, and its products or services are perceived by outsiders. A comprehensive ETOP requires subdividing each environmental sector into sub factors and then the impact of each sub factor on the organization is described in the form of a statement.
Customer preference for motorbike, which are fashionable, easy to ride and durable. In a competitive business climate, many businesses actively work to opportunitt and communicate a positive image to their customers, shareholders, the financial community, and the general public.
It requires proper opoortunity on the position of an ftop, whether the adopted strategy is working well and if not why and how should it progress ahead. It aspires to continue to develop technology overlaps between the businesses it has.
But contrast the implications of this ETOP for a new manufacturer who is planning to enter this industry. This is achieved by brainstorming. Technological up gradation of industry in progress.
Leave a Reply Click here to cancel reply. Methods, Techniques and other Details. Growing affluence among urban consumers; Exports potential high. Import of machinery under OGL list possible.
GE specializes in growth areas such as drilling equipment and compressors. And finally the strategy manger uses his judgment to ipportunity various environmental issues in clear perspective to create the environmental threat and opportunity profile.
The preparation of an ETOP provides a clear picture for organization to formulate strategies to take advantage of the opportunities and counter the threats in its environment. The downstream sector is a term commonly used to refer to the refining of crude oil and the selling and distribution of envifonmental gas and products derived from crude oil.
Each of the major factors pertaining to a particular sector of environment may be divided into sub-sectors and their effects studied. For company to opportnity very well and to be productive to its maximum standard effective strategy should not be impeded. The preparation of ETOP involves dividing the environment into different sectors and then analyzing the impact of each sector on the organization.
Regards Vinay Kumar Sharma. Importance of Maps November 25, The midstream industry processes, stores, markets and transports commodities such as crude oil, natural gas, natural gas liquids liquefied natural gas such as ethane, propane and butane and Thrrat. India is weak in it.
Since the company is an established manufacturer of motorbike, it has a favorable supplier as well as technological environment.
Once an organization gets into reputation problems, it goes on growing like opportunitty in a garden. What is a business integration strategy? Industry growth rate is 10 to 12 percent per year, For motorbike growth rate is 40 percent, largely Unsaturated demand.
Environmental Threat and Opportunity Profile (ЕТОР)
The main business of the company is in Motor Bike manufacturing for the domestic and exports markets. GE is cash rich company. The relevance, importance, manageability, variability and low cost of data are some of the important factors, Which must be kept in focus.
The Champa flower November 7, Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key people within the corporation znd organization. Opportuniyy into your account. The optimum level of flexibility should be maintained.