Strategic Management

Strategic Management for Global Organization

Executive Summary

In this executive summary, the strategic plan Advantage Oil and Gas Company would be carried out. The strategic plan would assist in identifying the strength and weaknesses of the company. It is important to analyze the factors that play a crucial role in the success of the company. These factors include competitive position of the firm, market share in the industry, advancement in technological developments and the future plans for upcoming projects. Therefore, these are all the ways through which an executive summary of Advantage Oil and Gas Company will be discussed in the research proposal.

Part One

Advantage Oil and Gas Ltd is an innovative oil and natural gas corporation with extensive properties in Western Canada. The corporation's common shares trade on the Toronto and New York Stock Exchanges under the symbol AAV with its head office in Calgary, Alberta, Canada. Advantage Oil and gas have an estimated drilling inventory of over five hundred horizontal well locations at Glacier and total project capital expenditures that could exceed $2.5 billion. The company's cash flow is obtain from a focus oil and natural gas assets that have a reserve life index of 17.6 years and production of approximately 23,000 boe (barrel of oil equivalent) per day weighted 65% to natural gas and 35% to oil and natural gas liquids, The leadership team has over 140 years of combined Royalty Trust and E&P management experience and has completed more than $3 billion of corporate and asset acquisitions in addition, the leadership team has managed successful ventures relating to capital programs for both conventional and resource plays throughout North America (Bolman & Deal, 2011).

The mission statement of Advantage Oil and Gas Ltd. is to provide excellent service to their consumers, satisfy each and every customer and to take every reasonable reason to make sure that the business is accomplishing its desired goal. The vision statement would be preparing the company in every way for the future and comprehend the future situations the business may face. The company is ready to provide the best business to the public and promise everyone a vast service (Parry, 2002).

The company functions from Western Canada and can definitely enter the global market, such as the Middle East and Asia with strategies, such as export, licensing, and franchising. Though, the administrative cost would be high but if the company wishes to establish and maintain a global presence, it should consider these strategies in the midst of global expansion. Oil provides about 40% of the world's energy needs and is vital for economic grew, and one of the four biggest earning heads in the entire world with a gross earned of more than one trillion per year. It has also become one of the key global challenges in the 21st century. Economic development and global population rise have increased demand for energy resources, and there are fears that available resources are becoming finite. This, coupled with the price volatility of conventional crude oil, ...