Strategic Management of Chevron Corporation Case Study

Strategic Management of Chevron Corporation - Case Study Example The company has established an extensive social network. It takes seriously its role across the globe. It has a strong network of retail gas stations which consist of Chevron, Texaco and Caltex. Its operations range from producing oil to manufacturing petrochemical. In countries where Chevron does business, it is a strong supporter of programs that support the community. It works with local and national governments and other organizations to provide basic human needs, education and career training, support for local businesses. It has a university partnership program which works with colleges and universities around the world to provide scholarships and grants to outstanding students. Chevron is helping most countries diversify their economies by investing in all aspects of the energy industry. It aids countries gain self reliance as it enables them produce commodities that they would otherwise import. It works closely with leaders in its operational countries to select social infrastructure projects for funding such as schools, hospitals and electrical projects. The company works to add value to businesses and communities around the globe. It supplies the countries with professional and versatile task forces through spreading knowledge and skills in entrepreneurship. Competitor analysis Chevron Company mainly faces competition from industries dealing with petroleum refining, manufacturing of chemicals, alternative power generation, gas stations and electrical utilities. Its main competitors are ExxonMobil, Royal Dutch Shell, ConocoPhillips, BP p.I.c. and Anadarko Petroleum Corporation. It has used strategic planning and corporate management to establish itself on top of the energy industry. Its E-business applications have greatly added to its measure of success. In the modern globalized world, the success of companies will be measured by how well they have leveraged E-business applications to beat competition (Thierauf & Hoctor, 2003). Supplier analysis Chevron has developed some of the world’