Business Management Case Study: RK Mechanical Company

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RK Mechanical is a private company based in Colorado, it is one of the best performing in the industrial sector, and it was started by Ron Kinning back in 1963. The company has managed to expand from a small business to a large business employing over 1000 employees with an impressive turnover. It deals with providing services, steel, and in the energy sector. The headquarters is located in Denver, Colorado, with another facility opened in Henderson, Colorado. The firm has recorded stellar performance over the years, allowing them to expand from a simple mechanical business to offer a wide variety of products including steel, water, energy, electrical, and other services. The owner of the company served as the CEO alongside with his brother …show more content…
Worth noting is that during the analysis, the company’s weaknesses will be highlighted, and questions to be asked in relation to the weakness is how the correct the weaknesses by building on the resources and capabilities, and the possible ways of outsourcing to cover the weaknesses. For instance, RK Mechanical will carry out an audit of the staff members to check if they have anyone who can head the strategy process, who can take up any leadership position, and those who have the potential that has not been …show more content…
The team will look at strengths and weaknesses of the competitors, which can be done under the SWOT analysis. The SWOT analysis will include evaluating the companies against those of the competitors and their potential to take over the market. The primary goal of this activity is to establish a competitive advantage and stay ahead of the others. Understanding the nature of competition in the industry is important in developing an effective strategy, it highlights the areas to focus the strategy one and where the company needs to improve (Grant & Jordan, 2015). RK Mechanical faces competition in all of its business units because there are several other players that focus on the different business units. The competitor analysis will demand an analysis in every business unit and suggest a strategy specific to every business unit because of the different dynamics in the market. The company has managed to build a reputable and credible portfolio over the years, and assessing the demand for the products is crucial. The management must understand the demand for the different product offering against that of the

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