Strategic Plan and Analysis

Question: Write it in a simple language and explain the issue which you have explained in my last assignment. Write all the questions according to that issue only.in example which i uploaded they have explained i think 2 issues but you should explain the issue or issues which you have been explained in my previous assignment.also i uploaded my previous assignment in which you have mentioned the strategic issue. and the main thing it is all about BHP billiton. Answer: Introduction Strategic plan and analysis are the steps and measures set by a company to achieve a certain mission and vision in a given period of time. For BHP Billiton various strategic issues have been issued. However, with these strategic goals comes even a higher huddle in their achievement. Moreover, as the largest mineral exploration company in Australia and the world as a whole, BHP Billiton has faced different challenges in the last five years hindering the successful planning of the strategic issues and analysis of the same(Botin, 2009). The challenges include: extreme weather and geographical conditions, a great need for training of human capital and increasingly complex water, energy, environmental and social challenges. These challenges are enormous for national cooperation opportunities and interests (Hubbard Moore, 2012). The results of the Australian mining investment in research and development are reflected today in a worldwide leadership in telecommunications equipment, technol ogies and services that work efficiently and sustainably. Integrating all governmental groups, commercial interests, academics, scientists and communities is a major challenge for BHP. Australia is creating innovative solutions that enable sustainable economic development and a more productive mining for the benefit of the whole community. The Australian mining industry especially BHP Billiton uses innovative technologies for recovery, recycling and water reuse strategy. (Brown, 2000) Environmental challenges facing BHP Billiton This document seeks to assess and ensure the environmental stability of the mining facilities, in order to protect the health of people and the environment itself. One of the biggest environmental challenges now facing the mining industry after the enactment of Law regulating mine closure and mining facilities, is to ensure that deposits of massive mining waste (waste dumps, tailings dams and reservoirs derivatives leaching) and facilities such as pits and underground mines, are chemically stable in operation and after closing. In other words, it suggests that the effluents generated by the contact of the materials that make up these facilities with natural mineral ores, do not create a significant risk to the health of people and the environment. (Carpenter, 2008) In this sense, Australia, in conjunction with, the support of the Ministry of Mining, and through financing through its program of Public Goods for Competitiveness, developed a project within its deliverables(Campbell, 200 9). Environmental guide and strategies including criteria and methodological tools to evaluate and ensure the chemical stability of mining facilities in the closure and post-closure, with a focus on comprehensive environmental management throughout the lifecycle of these facilities. "This guide aims to be a support for both mining companies and regulatory agencies for compliance with the requirements related to the chemical stability of the Act Mine Closure, proposing the comprehensive management of mining drainage from the early stages of operation and above all with a focus on prevention on environmental degradation. In this regard, the Guide Chemical Stability poses a major change in the current management of the massive mining waste and mining operations, setting the value of having a comprehensive strategy, continuous in time, in order to implement during operation necessary to achieve chemical stability of the facility in closing measures(Colantonio, Di Pietro, Ocello, 2012). It is programmed that the is launched during the last quarter of this year, accompanied by a Register of measures and technologies for the Prevention, Control and Treatment of Drainage Miner, and Best Practices in the Management of environmental Stability in the Mining Industry. Strategic options The current strategic position of BHP Billiton is favorable due to the level of resources at its disposal. Among the various factors that make it favorable in terms of strategy is the fact that it has the requisite level of technology and human capital to carry out its long, medium and short term strategy for business growth in mission and companies vision(David, 2005). However, there are various analysis used to measure the strategic issue and options to be implemented by BHP Billiton. These include the critically acclaimed SWOT Analysis of an organization to measure the strategy options. Other analysis for measuring strategic options may include Pert Analysis. Also, the large mining projects should you submit Environmental Management Plans, Plans Social Sharing Plans Management and Industry, as well as having approved Assessments Environmental and Social Impacts. There are various strategic options in BHP Billiton Company. However, our focus in this research is confined to two strategic options discussed earlier; Strategy Option 1: value addition/ value chain addition of mineral ore BHP Billiton announced that it will spin off businesses nickel, aluminum and other minerals in a new company, which would be one of the largest asset sales in the history of the mining industry. (Environmental agreements, 1998) We add our minds to achieve integration of sustainable mining in the interest of the communities and the general population. Not only to launch the portfolio of mining projects that are on hold, but to boost exploration and secure the future the country in the next 30 to 40 years. The move would mark a dramatic strategic shift for BHP, a broadly diversified to focus on four commodities coal, copper, iron ore and Oil Company last year generated almost all of its gains. Anglo-Australian giant acquired many of the assets it plans to spin when BHP Billiton PLC and British merged in 2001. It is indisputable that it is essentially the value chain for an organization as this helps the great performance of the company with customers and provides a competitive advantage for the organization.But not only the value chain is critical to the great performance of an organization, there are other methods that provide a great management to the organization. If the value chain is well developed and implemented in the company this will help get consumer benefit and competitive advantage for the company, the value chain is important to compete internationally and that currently the business situation has changed a lot. (Kuehr, 2012) The division, meanwhile, would create a metals company with a market value of up to US $ 12,000 million that could be an attractive acquisition target. BHP said the spin-off of the new company, which listed on the stock Australia, will allow you to focus on its four main commodities. The reorganization also gives you more flexibility to pay higher dividends. A record production of iron ore offset a fall in profits of copper, oil and coal is due to lack of value addition. The company plans to increase production in the current fiscal year, mainly in Australia, despite concerns of some investors that demand is not growing at a pace of global supply(Bell McGillivray, 2008). The company plans to increase production in the current fiscal year, mainly in Australia, despite concerns of some investors that demand is not growing at a pace of global supply. Evaluation for option 1 using RACES Resources Option1: Due to the amount of resources invested by BHP Billiton Company, the strategy options will be easily implemented by the company. The resources in hand must be compatible for success of the strategies(Kuehr, 2012). Acceptability Option 1 and 2: Both the value addition and the marketing strategy may be acceptable strategy options as their main aim is to improve the outlook of the final product. However, acceptability is a determinant of the market condition. Coherent Option 1: Depending on the strategy department of the company, value chain strategies may be coherent, and the strategies may fail in their implementation effectively. Effective Option 1 and 2:The extraction method is open pit exploit minerals in the earth's surface as gold is often found attached to rocks on the surface; while underground mining involves the exploitation of minerals below the land such as silver, copper, tin, gas, etc. The two strategies will be effective in this case. Sustainable Option 1: The two strategies options are undeniably sustainable. The amount of revenue collected or generated by the Australian mining industry and especially revenues generated by BHP Billiton runs into billions of dollars. Strategic choice for option 1 For value addition as a strategic choice, the following issues mentioned above must be put into consideration. The choice must be resourcefully efficient, acceptable, sustainable and coherent. Value addition is a good strategic choice as it blends all these factors to bring out an effective strategy(Bell McGillivray, 2008). The strategy also aims at branding the final product while determining its strengths, weaknesses, the threats and opportunities of the product to the market. Additionally, the strategy option selects the type of market segmentation. BHP Billiton is a commodity business leader in the mining industry around the world. There are a number of issues that the company faces in its day to day strategic plan and management. The issues faced by BHP Billiton are mainly social, political and environmental issues. However, various strategic plan and choices have to be put in place to curb these challenges. Strategy option 2: marketing-mix strategy to promote BHP mineral sales Strategy A strategy is a plan of action that is carried out to achieve a particular purpose long term. Marketing is the art of "coercing wills", it is the most used tool for you or I spend the money on a product and not another, so that we feel identified with a particular brand and to always find that identifying mark do the activity we do and although our age continues to advance. Marketing mix strategy is aimed at determining marketing goals, analysis and the diagnosis of favorable and unfavorable present situations in the environment of BHP Billiton. (Clacy, 2010) The strategy also aims at branding the final product while determining its strengths, weaknesses, the threats and opportunities of the product to the market. Additionally, the strategy option selects the type of market segmentation. Evaluation of the strategy option 2 using RACES Resources Option 2: The amounts of resources that are pumped into marketing are massive. Marketing mix strategy is productive when time and money is used to develop the strategy. (Kuehr, 2012) Acceptability Option 2: Both the value addition and the marketing strategy may be acceptable strategy options as their main aim is to improve the outlook of the final product. However, acceptability is a determinant of the market condition. (Farber Findley, n.d.) Coherent Option 2: Depending on the strategy department of the company, value chain strategies may be coherent, and the strategies may fail in their implementation effectively. Marketing mix strategy must be coherent with the nature of product. BHP Billiton always gets its marketing mix strategies right. Effective Option 2:The extraction method is open pit exploit minerals in the earth's surface as gold is often found attached to rocks on the surface; while underground mining involves the exploitation of minerals below the land such as silver, copper, tin, gas, etc. The two strategies will be effective in this case. Marketing mix strategy is aimed at determining marketing goals, analysis and the diagnosis of favorable and unfavorable present situations in the environment of BHP Billiton. (Clacy, 2010) Sustainable Option 2: The two strategies options are undeniably sustainable. The amount of revenue collected or generated by the Australian mining industry and especially revenues generated by BHP Billiton runs into billions of dollars. Value addition strategic choice should be the most sustainable for product marketing. Effectively, the two strategy options are sustainable in short, medium and long terms. Strategic choice With different strategic choices at hand at BHP Billiton, the best choice is likely to lead to the best results. It should lower the cost and therefore increase the bottom-line of the company. The best strategic choice in this case is to add value to the product rather than marketing mix. Value addition will improve the value of the final products produced by BHP Billiton. Marketing mix strategic choice should be rejected since it is time consuming and uses more resources than value addition. The strategic choice for value addition is to improve on revenue collection, while also improving the end product. Fierce rivalry and competition for the existing market initially led to the merger of BHP and Billiton as a strategy aimed at dominating the mining industry a multibillion dollar industry in Australia(Vig Faure, 2004). It also aimed at creating the opportunity costs in mineral production while reducing various costs associated with working as different mining entities. However, the main reason and the most fundamental aim of these strategies is to effectively deal with competition in the mining industry. Value addition strategy and marketing mix strategies used by BHP Billiton are used to move the mining giant ahead of its competitors. However, very good and clearly defined strategy issues of management might be ineffective due to poor or ineffective implementation. Conclusion In order to analyze the challenges facing the mining industry in the field of sustainability, in light of the new socio-environmental scenarios presented in Australia and internationally, Australia held the meeting dialogue on Socio Environmental Challenges faces the mining sector in the country. (Environmental agreements, 1998) The initiative is part of the Footprint Mining Project. This effort is in addition to other similar initiatives carried out, as the study of gaps in human capital to this sector and work to promote world-class suppliers for mining. The world has changed and the social and environmental challenges of mining are no longer just a global challenge, but. This involves changes in the paradigm of how people perceive and act. It is a tremendous challenge and believes that such initiatives can achieve build ways to address it, in the Australian economy is very important. When one looks at a broader perspective, one sees that high prices do continue, but has lost compe titiveness by several factors(Friedman, 2008). The solution is the generation of new knowledge and innovation. For its part, highlighted BHP Billiton project, which aims to make an analysis of the sustainability of mining and environmental and, in turn, improve the dialogue between the various stakeholders. References BHP Billiton collection of Australian art. (2003). 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