Swot Analysis : Team Exxon Essay

889 Words Nov 16th, 2016 4 Pages
Team Exxon conducted an in depth SWOT analysis of ExxonMobil (XOM or “the company”) to provide a recommendation to help further company profits. The team reviewed all aspects within the corporation by analyzing their strengths and weaknesses as well as analyzing outside variables such as: opportunities and threats. ExxonMobil is the strongest standing Gas and Oil Company. The corporation has grown to become one of the highest-ranking within the industry. XOM has proven to value research & development (R&D). The company takes pride in their operational management system as well as their employees. They have strengthened their name and certified their position through R&D investments to capitalize on new technologies to come. Not only that, but they have also created a strong management system that ensures all of their employees are knowledgeable and up-to-date on risk management and maintenance. Though XOM has been around for many years, there are still weaknesses facing the company. ExxonMobil for the first time in 22 years has failed to reciprocate their previous production rate due to their decline in oil reserves. The company today is facing a possible human rights lawsuit due to LGBT discrimination and the industry as a whole faces bad general public perception. Opportunities within ExxonMobil (XOM) are the new Liquefied Natural Gas (LNG) market, the demand for energy worldwide, and their new projects. The LNG market has been on the rise over recent years, and XOM…

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