1. SABIC
Prepared by
Omar Al Morbati
Strategic management

2. SABIC VISION STATEMENT
Our aim is to become the world’s preferred manufacturer and marketer of chemical and metal products.
SABIC Vision statement is one sentence
SABIC Vision statement is strong and attainable
It has the ability to market its products globally

3. SABIC MISSION STATEMENT
SABIC's mission is to responsibly provide quality products and services through innovation, learning and operational excellence while sustaining maximum value for its stakeholders.
SABIC encourages the innovative through incentive program
SABIC has an annual meeting and exhibition about the innovation
SABIC has special learning programs to all levels

4. SABIC MISSION STATEMENT
SABIC supports its operation by the modern and best quality systems and equipments
SABIC attracts diverse expertise from all over the world
SABIC adopt the cost reduction policy in all it aspects to maximize the value of its shareholders

5. SABIC SOWT Analysis SABIC strength Good reputation
Quality of its products
Surviving in the last financial crisis
SABIC has expertise
SABIC has effective management organizational hierarchy

6. SABIC SOWT Analysis SABIC Weakness
SABIC is distributed all over the world and this makes the management is critical
High experience employee turnover
Saudization
The quality of services supplied by its contractors

7. SABIC SOWT Analysis SABIC Opportunity The low price of feed stock
Saudi governments grants special prices for SABIC
Political stability
International joint ventures
The ease of marketing

8. SABIC SOWT Analysis SABIC Threats Emerging of new competitors
The power of its new competitors such as ARAMCO & DOW chemicals
The decreasing of demand due to financial crisis such as Euro financial crisis

9. SABIC Strategies
Each SABIC S’ units has its own unique marketing strategy
SABIC uses Strategic Units (SBUs) model organizations stricture
Chemicals
Polymers
Performance Chemicals
Metals
Fertilizers
Innovative plastics

10. SABIC Strategies
SABIC all units general strategy is the cost leadership
SABIC benefits from the cheap natural resources in Saudi Arabia
SABIC has a divers basket of products
SABIC utilized the horizontal strategy in which it expands it operations in new geographic areas
It acquired many companies in different continent to achieve it vision

11. SABIC Strategies
SABIC has a yearly internal evaluation of all devotions objectives
SABIC has a yearly internal audit
SABIC has a yearly external audit conducted by famous associations

12. SABIC Sustainability SABIC will use finite natural resources
It will invest in the renewal resources especially in the energy
It will concentrate to reduce the energy of manufacturing and distributions
SABIC encourages its employees and society to participate in the sustainability programs

13. Conclusion SABIC vision & mission statements are good and reasonable
SABIC beliefs in strategy formulation, implementation and evaluation