Tucker Energy Services Ltd

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Question 1: Examine and analyse the role and impact of strategic thinking for the competitive options of a business of your choice. Tucker Energy Services Limited is a privately owned multinational oil and gas services corporation that offers innovative technology solutions with dedication to customer focused service. Seeing as how corporate direction is derived from the Houston headquarters in the United States of America and proprietary technology development & training takes place in the company’s United States of America Technology Centre, the best quality customer-driven solutions are formed. Tucker Energy Services Limited has its facilities in countries such as Canada, Australia, Belize, Colombia, Trinidad, Venezuela, Suriname…show more content…
The first weakness evaluated of the company is the high overhead cost with various locations throughout Trinidad. The goal is to centralize to one location which will be much more cost effective. Secondly, the duties of employees are high-risk seeing that it entails a lot of drilling into the earth’s crust with the occurrence of possible oil spills endangering the lives of employees. Lastly, Tucker Energy Services Limited is a small player in the field when compared to companies such as Halliburton Limited and Schlumberger Inc. This consequently makes it vital to Tucker Energy Services Limited to stay on the top of their game by providing the best service on the market. Opportunities of the company firstly deal with the global market. The organization can take commercial advantage of global operational opportunities to further develop and expand itself. Also, Tucker Energy Services Limited has various major contracts with companies like Petrotrin and it can continue to build efforts in winning with other major companies not only in Trinidad, but throughout the world. Threats of the organization mainly include its competitors. Larger companies are more invested, established and well-known and pose as significant threats to the organization. Weather is another threat since copious amounts of rainfall can delay work. Environmental pollution is always a possibility as drilling can lead to oil spills. PEST analysis stands for Political,
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