Tuesday, May 5, 2020
Analysis of agl Energy Company and Lendlease Group in Australia
Question: Discuss about the Analysis of agl Energy Company and Lendlease Group in Australia. Answer: Introduction This research analysis will be for two companies AGL Energy [ASX: AGL] located in Australia and the Lendlease Group located at Sydney also in Australia[1]. It will show what the companies deals with and how they perform specifically. The will be comparison and contrast for the two companies in relation to the following components: the vision or mission statement, the values of the organization, corporate social responsibility and the stakeholders who are mentioned in their corporate statements. Mission Statements AGL Energy is one of the largest integrated energy companies, which provides energy products, and services that was created in 1837. The company business definition is to harness insights to enrich the customers energy experience while, the Lendlease Group is a multinational property and infrastructure company that deals with asset and property management, building, engineering, infrastructure development and investment management and services. Their business definition has been committed to creating and delivering innovative and sustainable property ad infrastructure solutions for future generations. The vision for the AGL Company has been to achieve a solution to the socio-economic empowerment as well as vulnerability in order to sustain the live hood and create a better space in the world where there is equitable opportunities that are realizable[2]. This vision has been aimed to their mission, which they are promoting the attainable methods especially in the education, innovation , sustainable network to the local and the global partners. Comparison to the Lendlease Group their vision has been working closely with the clients, their investors as well as the communities in order to create a unique place. These places should be aimed to bring a positive legacy as well as inspire and enrich the lives of individuals around the world[3]. The similarities between these two companies on their vision is to make a difference in the communities and be able to change the lives of people around the world. Moreover, they are focused in delivering of innovative as well as efficient solution that may bring a long terms sustainable outcome. Values of the Organizations The Lendlease Group values are the drive to the operations performed in the organization. They include safety where people are comfortable, diversity and inclusion where differences are accepted for proper teamwork and customers who are the first priority. Moreover, the company values their investors and they usually aim working with them closely to bring efficient and sustainable solutions. However, AGL Energy values are their commitments, sustainability, corporate citizenship and sponsorship. Both of the companies they have values that are committed towards providing the clients the best services as well as bringing sustainability and innovation in their solution. They try to bring the best alternative and efficient solution on the services they offer and this has what made them to be above their competitors. Corporate Social Responsibility and Sustainability The company and how they resolve it and the opportunities available present the sustainability of AGL Energy with a sustainability report usually online, which outlines the challenges faced. The company has a strategy that involves the local community hence marking their success with the impact made in the community. On the other hand, the Lendlease group sustainability has been the central business strategy for this organization. All globally the government as well has the community are seeking trusted partners in order to deliver and enhance the urban areas with more efficient, healthy as well as resilient outcomes. The aspects such as environmental, social as well as economic outcomes are essentially delivered through their portfolio of international development, construction and investment activities[4]. The company believes in reporting their performance to measure their progress and have the needs of their customers as their first priority. They have a long history of giving an equal emphasis especially to the environment, social as well as economic outcomes in order to achieve complex global forces that shapes the future such as rapid urbanization, the climate change as well as inequality and the resource stress. Stakeholders Lease Group has forged partnerships will all their stakeholders and those mentioned in their corporate statements are the customers, investors as well as the employees. These components are essential to their business since they are able to gain the feedback and the support through the customer and the employees surveys, face to face interaction, meetings as well as conferences they hold. For the AGL Company their stakeholders stated in their corporate statements are the customers and community. It is evident in both of the companies the customers are the integral parts in their business since they are stakeholders in the company and without them the company vision as well as mission could be in vain. Smart Test for the Objective and the Goals The business definition of AGL Energy does not meet the SMART goal test as it does not show the specific time for the goals are to be met though it is specific and assignable as it states that the customer been the basis of improvement and progress. Based on Lendlease meets the SMART goal test as it even cites that the future is what they have to achieve their goals. Conclusion The two companies have different procedures on how they operate but the results are rather met According to the goals, each company has set.[5] The companies have aimed at fully understand the impact and they have measures on their performance in order to be able to improve on the way they are doing their projects, in their offices as well in the communities in order to create a new benchmarks. These companies they have many similarities irrespective they are not in the same line of business. What makes them to be successful is their sustainability efforts towards the communities, the climate change and making partnership with various stakeholders such as the customers and the communities in order to forge a common vision and make the world a better place. Bibliography Bounds, Michael, and Alan Morris. "Second wave gentrification in inner-city Sydney." Cities 23, no. 2 (2006): 99-108. Energy, A. G. L. "2014 Annual Report." (2013). Nelson, Tim, Paul Simshauser, and James Nelson. "Queensland solar feed-in tariffs and the merit-order effect: economic benefit, or regressive taxation and wealth transfers?." Economic Analysis and Policy 42, no. 3 (2012): 277-301. O'Neill, Phillip, and Pauline McGuirk. "Prosperity along Australia's Eastern Seaboard: Sydney and the geopolitics of urban and economic change." Australian Geographer 33, no. 3 (2002): 241-261. Thangaraj, Ram Karthikeyan, and Toong Khuan Chan. "The effects of the global financial crisis on the Australian building construction supply chain." Construction Economics and Building 12, no. 3 (2012): 16-30.
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