Exxon Mobil Corporation

Paper Summary:

In this article, the writer examines the Exxon Mobil Corporation, one of the major leaders in the global oil and gas industry today. The writer explains that today, Exxon Mobil Corporation engages in the exploration, production, transportation, and sale of crude oil and natural gas. Further, the writer notes that the company also engages in the manufacture, transportation, and sale of petroleum products and petrochemicals, as well as participates in electric power generation. The writer concludes that when the perspectives in the research are applied to large concerns such as Exxon Mobil Corporation, they can help identify the rationale for some of the company's actions in recent years, and can help predict what courses of action they will likely take in the future.

Outline:
Review and Discussion
Background
Strategy as Rational Thought, Strategic Planning and Decision-Making
Strategy as Revolution (Disruptive Innovation)
Resource-Based View (RBV) of Exxon Mobil
Strategy as Technology Leadership Viewed as a Unique Competitive Advantage
Conclusion

From the Paper:

"Strategic planning, like any type of planning, involves establishes goals and identifying quantifiable objectives that can help an organization reach them. What perhaps best differentiates strategic planning from "seat-of-the-pants" or intuitive planning initiatives concerns how informed the decision-makers are concerning the environment in which the company competes. In some cases, strategic alliances with others may represent the best course of action for various reasons, while acquiring competitors also represents a viable alternative in many cases. Because every organization is unique, there cannot of course be a one-size-fits-all strategic approach that can be applied across the board to achieve successful outcomes to such planning processes, but there are some general guidelines that can be used to help companies recognize when one alternative is superior to another."

Sample of Sources Used:

• Boyles, D. R. (2005). Schools or markets? Commercialism, privatization and school-business partnerships. Mahwah, NJ: Lawrence Erlbaum Associates.
• Culpan, R. (2002). Global business alliances: Theory and practice. Westport, CT: Quorum Books.
• Dale, J. G. (2005). In dire straits: Why big oil needs transnational regulation. Journal of International Affairs, 59(1), 288.
• Exxon. (2007). Yahoo! Finance: Market Guide. [Online]. Available: http://finance.yahoo. com/q/sec?s=XOM.
• Form 10-K, Exxon annual report. (2006). FreeEDGAR. [Online]. Available: http://yahoo.brand. edgar-online.com/fetchFilingFrameset.aspx?dcn=0001193125-07-042435&Type= HTML.

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