Published in Energy & Power category by MBA Skool Team
WorleyParsons is one of the leading brands in the energy & power sector. WorleyParsons SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of WorleyParsons:
Services for entire life cycle from finding an opportunity to making that operational
Services offered in a number of fields namely power and infrastructure, hydrocarbons, minerals and metals
Solid balance sheet and strong cash flows
Services & products offered for petroleum and natural gas
Work environment in company is rated excellent with the company winning awards in various magazines
Good brand name
Over 35,000+ employees form the backbone of the company
Above are the strengths in the SWOT Analysis of WorleyParsons. The strengths of WorleyParsons looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Increasing costs of input
These were the weaknesses in the WorleyParsons SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Growth in emerging region like Asia,middle east, latin America and Africa
Increasing natural gas market globally
More oil well discoveries
Infrastructure growth means more automobiles and construction equipment which require more fuel.
Above we covered the opportunities in WorleyParsons SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Adoption of alternative fuel by people
Huge sulphur emissions
Environmental hazards cause a backlash
Economic instability and fluctuations worldwide
The threats in the SWOT Analysis of WorleyParsons are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
One of the largest provider of services to energy sector in Australia
Corporates, countries looking to fulfill energy services needs
Companies involved in petroleum and natural gas exploration
Positioned as a company that provides complete solution from start to end
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