SWOT Analysis ExxonMobil
Strengths
- A long established name that has been in existence for over one hundred years. This gives the customers a sense of security when dealing with the organization.
- The organization has diversified into many different areas of the energy industry and has many strong brands under its main umbrella group.
- The organization in the past has been able to survive without much damage to its reputation even after the Exxon Valdez oil spill. This is partly due to a few reasons, the good corporate citizenship of the organization, the correct and appropriate crisis management and crisis communication management strategy.
- The organization has been innovative in the past and continues to be very innovative currently too by spending a lot on research and development to come up with more efficient and effective ways to manage the energy resources and reduce the negative impact to the environment.
- The organization has a global presence and thus has access to a wider customer base and a larger market than other energy companies.
- The organization has a very strong presence in both India and China, the emerging markets that have been known to increase their energy demands exponentially thus the organization has been profiting from this at a higher rate than most other organizations.