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Wmi Case Study

897 words - 4 pages

While looking over the case for Waste Management, Inc. I realized that there are two main issues with their current situation. The first thing that I noticed is that the external environment for which Waste Management, Inc. operates in is changing drastically and in many ways. The other thing I saw is that the internal environment of the company is not adapting at all to the changes in the external environment, and that is where the company’s problem lies. Waste Management, Inc. needs to use environmental scanning to its advantage, rather than seeing the problems and doing nothing to fix them.
Had Waste Management, Inc. used some sort of environmental scanning to look into the current and ...view middle of the document...

Another facet related to that is technology, because not only has technological advancements allowed for new methods of using waste (recycling or reusing) but it has also progressed to a point where companies are able to become waste free (or close to it). What these components of the general environment all lead to is a major issue for the economy of Waste Management, Inc. as they receive less business and they have consumers asking for things that cost their company increased amounts of money (recycling). Moving on from the general environment to look at the task force, the two main issues for Waste Management, Inc. are its customers and its competitors. Customers of the company have less need for the services that Waste Management, Inc. currently offers as the consumers get better at reducing waste and as they find greener methods. In addition to that loss of business, Waste Management, Inc. really needs to keep an eye out for any potential competitors that have figured out a way to incorporate both waste management and recycling into their business plan. If there were a company that was able to do that, they would be able to successfully solve the majority of Waste Management, Inc.’s problems.
After looking over the internal and external environments, in addition to all the little facets of each one, I was able to come up with a SWOT test for the current state of Waste Management, Inc. This test, along with the more in depth analysis I provided will be a great starting point for this company to make positive changes to their business foundation...

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