Blackrock Inc. strategic business and model Essay

Blackrock Inc. strategic business and computer simulation - Essay ExampleThe study highlights on the development of corporate strategy for BlackRock. Strategic slip and telephone circuit Model of BlackRock Strategic position helps the organization to influence every aspect of business such as development of product, services provided by the company, stance of operation and day to day operations (R. Abrams and R.M. Abrams, 2003). BlackRock believes in the total philosophy that gives paramount importance to the requirement of the clients and their business aims towards managing the assets of the clients based on their requirements only. In this context BlackRock has a team of investment professionals who argon experts in global capital market. The focus of the company is on excellent investment and state-of-art analytics, which is complemented by senior take aim commitment towards service. This helps the company to build dynamic relationship with the client and serving them with a range of services that caters to their liabilities and asset allocation needs (BlackRock, 2013). Business model is defined by the operations, policies and technologies used by the business. The business model of an organization describes how the company gets revenue (Morley and Parker, 2009). The business model of BlackRock is very simple. They invest heavily in management and risk management and gives first priority to the interest of the clients. By following this business model they make themselves easily differentiable from their competitors. They do not make any differentiation between the clients whether it is Federal Reserve, insurance company, pension plan, wealth fund or any individual client, everyone is treated with the similar branded structure (Fink, 2010). SWOT Analysis of BlackRock Inc. SWOT analysis is the technique that is easily understandable and provides strategic analysis of the company by sorting the ideas about the prospective tense and the ability of th e firm to exploit the future (Piercy and Giles, 1989). By listing the unfavorable and favorable, external and internal issues, the planner can understand how the strength can generate new opportunities and how weaknesses can slow down the progress of the firm and create threat for the organization (Helms and Nixon, 2010). Strength BlackRock looks toward providing opportunities to build a better financial future for its clients. They have a huge unparallel range of passive and active investment strategy among which iShare is the leading. iShare is used by clients to equitize their cash and adopt tactical and core exposures. iShare has recorded the strongest business by generating $18.2 billion new business or an annualized growth of 12% (BusinessWire, 2012). BlackRock has a strong set of expert people who are working with them to provide excellent solution. At the same time they are also backed by World class risk management capabilities of BlackRock solutions (BlackRock Inc., 2011, p. 3). Business Operation Group established by BlackRock ensures that all the operations are efficient and consistent across the products, regions and client channel. The employees of the company feel that BlackRock has a substantive and strong cultural base and they have rated themselves as highly engaged. This shows that the employees are also satisfied with the firm (BlackRock, 2013). The reputation and brand name of the company contributes expeditiously towards the strength of the company. Moreover the company has strengths in multiple