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Business & Marketing
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Research Paper
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Evaluating the Company E.ON’s Main Corporate Level Strategies

Research Paper Instructions:

The purpose of this assignment is to give you an opportunity to demonstrate the knowledge and skills you have learned from this module. There are many, equally valid ways to fulfil the assignment tasks. You will therefore have to make many choices of your own. For example, you have to decide what you define as E.ON’s main corporate level strategies, what time span to include, and which tools and concepts to apply.
You need to conduct your own research into the company, its strategies, and its environment. Internet search, in particular the company website, news articles, and journal articles will be useful for gaining information about the company and its environment. To define the tools you use and to back up theoretical claims, you have to refer to academic journal articles and/or books.
You should first describe the most important features of E.ON’s corporate level strategies. The main focus is on corporate level strategies, but you can refer to business level and operational strategies when they are closely linked to corporate level strategies. You need to include E.ON’s current and recent strategies, but you can choose how far back to go into the past. You will have to look at least slightly back into the past in order to describe the strategies, but you are NOT required to provide a detailed history of E.ON’s strategies.
To describe strategy, you should use strategy concepts such as the Ansoff matrix, the strategy clock, or Porters generic strategy options. Please note that you should not use all of these concepts, but you should be parsimonious. You can use other concepts instead (regardless of whether they were mentioned in the lectures) as long as they are relevant.
To describe strategies, you should also use the information that you get on E.ON’s particular activities (such as mergers, marketing campaigns), but you should analyse these activities in relation to the strategy that you described, using strategy concepts. Do not describe strategy just by listing activities.
You then have to evaluate the strategies with regard to their suitability. You should use only the criterion of ‘suitability’ for your evaluation, not other criteria such as feasibility, validity and consistency. Please use the definition of ‘suitability’ from the Johnson et al. textbook that is presented in the lectures. To examine suitability, you will therefore have to analyse how the strategies match (a) E.ON’s remote and operating environments, (b) its capabilities, and (c) its stakeholders’ expectations (Stakeholder expectations will however be smaller point than the other two). Make sure you include not just shareholders as stakeholders.
Please do not provide an extensive analysis of the environment, capabilities, or stakeholder expectations without linking this analysis to your strategy evaluation. In other words, focus only on those factors in the environment and on those capabilities and stakeholder expectations that are relevant for evaluating whether a strategy is suitable or not.
To highlight the relevant factors in the environment, the capabilities, and stakeholder expectations, you again have to use theoretical concepts (such as core capabilities, environmental forces) and analytical tools (such as PESTEL, SWOT, and/or stakeholder mapping). You should briefly define the concepts and tools you use (no critical evaluation of the tools is needed), and then apply them to the case. You are expected to demonstrate that you have understood the concepts and tools in theory, and that you are able to use them to analyse the case.
There is no set number of tools and concepts that you should use, but you have to make a choice of which concepts or tools to apply. Please note that you should not use all concepts and tools discussed in the lectures. Do not use too many tools, as this could make your analysis too superficial. Also, do not use a tool if it does not provide relevant additional information, and avoid overlapping tools. The fewer concepts/tools you use, the more depth and detail you are expected to provide for each one. When choosing analytical tools, please make sure you have access to the data you need for applying them.

Research Paper Sample Content Preview:

E.ON’s CORPORATE-LEVEL STRATEGY
Student’s Name
Institution
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Professor’s Name
DateE.ON’s Corporate-level Strategy
Table of Contents TOC \o "1-3" \h \z \u Introduction to E.ON PAGEREF _Toc78544606 \h 4Strategy and Strategic Levels PAGEREF _Toc78544607 \h 4Corporate-level Strategies PAGEREF _Toc78544608 \h 5Business-level Strategies PAGEREF _Toc78544609 \h 6Functional Strategies PAGEREF _Toc78544610 \h 6E.ON Corporate-level Strategy PAGEREF _Toc78544611 \h 7E.ON Growth Strategy PAGEREF _Toc78544612 \h 7Diversification PAGEREF _Toc78544613 \h 7Vertical integration PAGEREF _Toc78544614 \h 9Concentration PAGEREF _Toc78544615 \h 10Stability PAGEREF _Toc78544616 \h 11Retrenchment PAGEREF _Toc78544617 \h 12Ansoff Matrix and E.ON Growth Strategy PAGEREF _Toc78544618 \h 13Strategy Evaluation PAGEREF _Toc78544619 \h 14E.ON Corporate Strategy and Suitability PAGEREF _Toc78544620 \h 14Environmental Forces PAGEREF _Toc78544621 \h 14E.ON’s PESTEL Analysis PAGEREF _Toc78544622 \h 15Political PAGEREF _Toc78544623 \h 15Economic PAGEREF _Toc78544624 \h 16Social-cultural factors PAGEREF _Toc78544625 \h 16Technological factors PAGEREF _Toc78544626 \h 16Ecological factors PAGEREF _Toc78544627 \h 17Legal factors PAGEREF _Toc78544628 \h 17Strategic Capabilities PAGEREF _Toc78544629 \h 18E.ON’s SWOT Analysis PAGEREF _Toc78544630 \h 18Strengths PAGEREF _Toc78544631 \h 18Weaknesses PAGEREF _Toc78544632 \h 19Opportunities PAGEREF _Toc78544633 \h 19Threats PAGEREF _Toc78544634 \h 19Stakeholder Expectations PAGEREF _Toc78544635 \h 20References PAGEREF _Toc78544636 \h 21
E.ON’s Corporate-level Strategy
Introduction to E.ON
E.ON is one of the leading companies in power generation and energy trading operations in Europe and other parts of the world like the United States. The company is headquartered in Essen, Germany, and has its operation spanning 30 countries, with Leonhard Birnbaum at the helm as the CEO and Chairman of the executive board. In the UK alone, E.ON has a customer base of close to 3.8 million users, making the company an important player in the UK’s energy utility sector (E.ON Energy UK, 2017). In addition, the company has diversified its operations, with the significant business segment being energy networks tasked with the distribution of power and gas across Europe, renewables, and corporate functions, among other business segments typical of a utility company. Wind energy and biomass are the main building blocks in the company's renewables energy portfolio. The company boasts of being the largest owner and operator of onshore and offshore wind power (E.ON, n.d -a). Before the formation of Uniper, E.ON's fossil fuel asset, in 2015, the energy utility company had registered tremendous growth, peaking at 132 billion euros in 2013 before experiencing a dramatic decline in 2015 to as low as 43 billion euros (Sönnichsen, 2021). Nonetheless, E.ON has registered steady growth in sales revenue from 2018, with revenue accumulation from sales being about 60 billion euros in 2020, making it the leading energy utility company in Europe (Sönnichsen, 2021). The success of E.ON in Europe as the leading energy utility company can be attributed to several factors, all of whic...
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