Egyptian Natural Gas Holding Company Case Study

Any business organization needs to conduct a strategy and a strategic plan in order to follow it for a long-term journey to gain profit and attain success in the business markets. A Strategy is a plan of action that is designed to achieve a certain goal or objective of the company and the ability to gain advantage over the competitors. There are 5 types in the strategy that need to be answered and conducted and they are: Pattern, Position, Ploy, Plan, and Perspective. Afterwards the company decides whether to keep the strategy a secret or publicly announced for the staff and employees of the business organization, but the question here is why do some business firms decide to keep the strategy a secret except for top management executives? Is it a part of a plan or it’s just a perspective of the business owner? The firm that the discussion will be upon is the Egyptian Natural Gas Holding Company; it’s a local Egyptian firm that specializes in the natural resources of the country. (Anon., n.d.)

But what is their strategy? EGAS’s strategy is to maintain the innovation and growth of the company moreover to the strategy there are few points mentioned in their mission statement; maximizing the profits by applying the value added projects, increasing the annual production to manage supply and demand requirements, and meeting all obligations that fulfill local market demand and export commitments. (Anon.,