Strategic plan of action to adopt change by Australian cemenet and lime sectors
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Assessment Task 3: Identifying Strategic Opportunities and Crafting Future-Focused Solutions
Situation for analysis: Enhancing efficiency and sustainability in heavy industries like cement and lime.
Introduction
This assessment will conduct a strategic analysis focusing on the selected situation. The selected is to enhance the efficiency and sustainability in heavy industries like cement and lime.
Therefore, the assignment report will focus on the Australian cement and lime industry. The first part of the report will discuss how the efficiency and sustainability issues affect the organization’s future trajectory. Based on this, the second part of the report will use strategic models and tools to discuss how organizations might leverage the identified strategic issues as opportunities. Also, a well-argued plan and recommendations will be given for the organization to overcome the potential obstacles.
Part 1: Identification of Key Strategic Issues
Cement and Lime Industry
Australia's cement and lime industry is one of the largest industries, producing a range of products integral to construction, mineral processing, manufacturing, and agricultural sectors. Industry performance has been influenced by Covid 19, due to divergent trends in the global and local markets and disruption in global supply chain (IBISWorld, 2024). The total revenue of the Australian lime and cement industry from 2011 to 2019 is as follows:
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