Internal Entrepreneurship at the Dow Chemical Co. Essay

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OVERVIEW The Dow Chemical Company was a leader company in science and technology, offering plastic and agriculture products in 2002. However, from 1995, Dow Chemical Company had ever lost its profit for several years especially in 1998. Dow Chemical Company tried to stop the decreasing so that it launched an initiative ‘ venture’ in 2000. The purpose of this project was earning more small customers and spot market customers to increase the market shares. STRENGTH 1. Epoxy was a specialty, high margin business. The top 20% of its global customers have generated 80% of its revenue. Dow Chemical Company can take this advantage to expand the business oversea. 2. Epoxy was a creative online channel in the market. It was very…show more content…
3. The product price should be clear on the website. However, it might be inappropriate because Dow Chemical Company always changes the price according to different customers. Price transparency would potentially limit sales’ negotiating ability. 4. Telford wanted to charge distributors higher price because of other service such as a wide product palette and technical assistance. It might make Dow Chemical Company lose some distributor customers. 5. The was available everywhere. However, the language problem and currency problems were still need to be solved. For instance, Brazil didn’t allow Dow Chemical Company using US dollars as currency on the website. OPPORTUNITY 1. With new sales, Dow Chemical Company has opportunity to expand its business globally. Dow Chemical Company could earn more market shares by this low-cost and efficiency online tool. 2. In order to fit increasing demand in the future, Dow Chemical Company needs to build its capacity utilization. It might be a chance for Dow Chemical Company to be the top huge company because of abundant production ability. 3. Smaller customers had less ability to negotiate the price with distributor. Distributors might charge them much price than ordering products from Dow Chemical Company directly. Smaller customers might love to order products online due to cost down. THREAT 1. The regulations of foreign government might change in the future. As the problems Dow Chemical

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