Vectren Corporation
Vectren Corporation, made up of 28 senior executives, represent operating units from managers to frontline employees. The SWOT analysis reveals Vectren’s strengths as a diversified customer base, servicing “residential, industrial, commercial, and other contract customers” (Marketline, 2013, para. 1, SWOT section).Vectren’s core business supplies natural gas to customers in Indiana and Ohio. Vectren’s strong storage infrastructure provides a competitive advantage, enabling efficient operations. Non-utility Operations
Vectren’s non-utility operations include energy infrastructure services, energy marketing and services, and coal mining, reducing the corporations’ business risks. According to Marketwire (2011), reports profile “Vectren’s efforts to grow its well-diversified business in economically, environmentally and socially sustainable ways by detailing recent upgrades in emissions control equipment, efforts to revitalize struggling communities, as well as programs designed to enhance the reliability of the electric and natural gas infrastructure.”
Diversity and Inclusion Diversity offers a competitive advantage, strengthens the company, maximizes the shareholders investments, and prepares the company to compete. Vectren’s top three competitors in Ohio are Columbia Gas of Ohio, Inc., The East Ohio Gas Company, and Duke Energy Ohio, Inc. However, a recent competition of large wind systems renewable resources argues, “All electricity systems must respond to a complex interplay of constantly changing supply and demand…the costs of fossil fuels and nuclear power will likely rise in the long-term as coal, natural gas, and uranium become scarcer, whereas the costs of renewables will become cheaper in time as their capacity factors improve” (Sovacool, 2008, p. 252 & 253). By integrating diversity and inclusion into the aspects of the