Strengths And Weaknesses Of Waste Management

1020 Words3 Pages

Where does WMI go next? Not many companies can say they are a market leader, but Waste Management Inc. has the unique position to lead the waste management sector forward or continue to optimize their current operations. The environment for Waste Management Inc. has numerous influences pulling it towards a recycling centric goal. With those influences, Waste Management Inc. has opportunity to incorporate those ideas or threats of competition will grow. Internally, Waste Management Inc. has strengths and weaknesses that will determine how they adapt to the environment. With the sheer size of Waste Management Inc. they have the resources to make changes, but organizing movements takes huge resources and time.
With the reduction of generated …show more content…

Strengths for WMI include their large market share, large assets from trucks and landfills, and operating infrastructure. Approximately 167 million tons of trash needs to be disposed of every year in America, and WMI collects 110 million of that, roughly 66 percentage the total (“What Would You Do?”, 1). With such a large operating share of the sector, the assets can provide the platform for further internal developments. WMI owns 273 municipal landfills, 91 recycling facilities, and 17 waste-to-energy facilities all providing the foundation for their future direction. Alternatively, by using their equity and liabilities, WMI can leverage their efforts into more recycling. Additionally, a large strength lies in their company’s objective. WMI’s company objective follows, “(WMI) is on a mission to maximize resource value, while minimizing and even eliminating – environmental impact so that both our economy and our environment can thrive (“Company Profile”, 1).” Their broad respect to environmental shows their commitment to efforts beyond just landfills. Another internal strength exists through WMI’s CEO, who believes the most important lesson is to listen. Such an adaptive leader will help the company adopt new ideas and improve the company. Internally, WMI has the luxury of a dominant position to leverage further success in their …show more content…

By building their company into a market leader with a highly decentralized corporate structure, and a focus on assets of trucks and landfills, WMI left their company with constrained business flexibility. The highly decentralized corporate structure weakens efforts for corporate change, with elements such as the managing communication or corporate governance. With assets primarily focused on trucks and landfills, ability to use trucks in recycling operations exists, but landfills have a limited accommodating nature. These unused landfills may pose a problem in the future. In addition, the size of Waste Management Inc. poses a problem because decisions need the necessary board approval. Management shows resistance to innovation; despite, having a progressive CEO. With discontent, management should strive for compromises that will not divert substantial resources from the core business, but progress the company forward. Additionally, the high costs associated with recycling strains the current operational infrastructure. Regardless of financials, restructuring a company based on environmental changes can cost ample time, money, and

Open Document