Case Analysis of Nationwide Research Paper Example | Topics and Well Written Essays - 1500 words

Case Analysis of Nationwide - Research Paper Example Aside from these core values, management has likewise signified adherence to other core values which include honesty, integrity, trust, and respect. The current discourse hereby aims to present a brief case study on Nationwide in terms of discussing the organization’s goals and strategies that was deemed formulated to help it maximize its total value; prior to presenting an explanation of the company’s abilities and market opportunities that help it create value for its stakeholders. Likewise, a Porter’s Five-Forces analysis would be conducted to incorporate the basic framework of value-driven strategy. Finally, a discussion on how the company can apply the Christian worldview of money, morality, and social responsibility to impact the business would be expounded in both the sort-term and long-term. Company’s Goals and the Strategies that Maximize its Total Value The vision statement of Nationwide is explicitly disclosed as follows: â€Å"to be the truste d advocate for U.S. consumers and businesses by protecting what matters most and building a secure financial future† (Nationwide, 2013, par. 1). ... g the things considered most important to clientsm through superior customer service; (2) providing solutions for the protection through various products and services that cater to varied needs; (3) providing stable, reliable, and diverse business portfolios; (4) providing greater access to products and services through varied and greatly accessible means; and (5) provision of support to the local communities within the organization’s vicinity (Natiowide, 2013). The the effective implementation of these strategies, it was therefore revealed that Nationwide generated as much as $22,650,000 in total revenues in 2012 and a net income of $940,000 in the same year (Nationwide, 2012). Company’s Abilities and Market Opportunities that Create Value for its Stakeholders Spulber (2009) has emphasized that â€Å"the abilities of the organization are its resources and competencies† (p. 161); where resources were explicitly defined as the â€Å"tangible physical assets†¦and more complex information resources† (Spulber, 2009, p. 161). Concurrently, the firm’s competencies are its â€Å"technological expertise, process capabilities, functional skills, and other firm-specific abilities† (Spulber, 2009, p. 161). These abilities are therefore evaluated using internal analysis. On the other hand, through external analysis of the macro-environment, the organization is able to determine the opportunities which abound and which could be tapped or capitalized to create value to its stakeholders. For Nationwide, the firm’s resources could be determined through a closer evaluation of its physical assets, which could be viewed it in balance sheet items. As of December 31, 2012, its total assets equal $168.3 billion. Other financial highlights which prove Nationwide’s strength include