23293109 ongc growth strategy
TRANSCRIPT
1
ONGC ‘S GROWTH STRATEGY
Presented by- Amit kumar Srivastava Ashwani Mishra Kuldeep Dixit
2
AGENDA
Introduction Case Facts SWOT PEST Five Force Model Of Porter Mission Learning
3
INTRODUCTION
ONGC was the largest oil and production company in India
Major products of ONGC crud oil, natural gas, LPG gas, kerosene etc
First company to achieve Rs 1000bn net profit in the Indian corporate history
In 2003-04 ONGC ranked 260 world’s top companies by market value
OVL was formed to help ONGC secure its position in international oil market by acquiring foreign oil equity
ONGC wanted to diversify its business in LNG marketing, insurance, power sector etc
4
CASE FACTS
There were two companies involve in the exploration of oil
In 1970 company started offshore operations and discovered rich oil field in Bombay High
Company faced several problem in late 1990 ONGC’S oil production had come down to
25.5 mn tones in 2000-01 ONGC acquire MRPL in 2002 and become first
integrated oil company in India MRPL lost regulatory protection after the
refining sector was deregulated in 1998
5
Strength84% market shareStrongly differentiated productsUsing best technology
WeaknessGOV. owned companyDifficult to take decision
OpportunityComing in to joint venture with other companies
ThreatAlternatives of fuel
SWOT
6
PEST
Political Change in GOV.
Economical Global economic
recession
7
Social Technological Implementing new
technology
8
PORTER’S MODEL
9
MISSION
10
LEARNING
11