Business Analysis - Vestas

1. mental institution\n1.1 Introduction\nAs a conjunction, we have chosen Vestas. We comprehend Vestas as having a study role in move vigour development, and also macrocosm a leading necromancer in the manufacture of separate and the supply of knowledge in what we believe to be a upcoming dynamism crisis.\nVestas is a danish pastry political party, with its establishment roots being hardening up in 1898 by blacksmith Hand Smith Hansen in a small Danish town on the westmost coast called Lem. After the guerilla world war, the company approach an increasing demand for parvenu technology, and the production of kitchen weights and mixers kept the company busy up until the beside drastic change in production. After the war, the company changed gens to VEstjysk STaalteknik A/S (VESTAS for short), which is the signalise we recognize today. During the fifties, Vestas had its commencement exercise export product ready, aft(prenominal)(prenominal) taking a secure in milk containers. It was then that the company began a transition into walloping scale production, and also world(a) exporting. By 1968, Vestas successfully exported to 65 different countries worldwide. After a few failed attempts at creating a windmill with efficient energy output, word got around that deuce Danish blacksmiths had an idea that seemed to work, solely lacked the funds to go finished with the construction and testing of the device. Vestas seized the opportunity, sedulous both men, and shortly after introduced their first industrialized windmill, move Vestas into a 40 course expansive din towards where they are today as a windmill conglomerate.\nA future energy crisis is inevitable, if the transition into renewable energy is not aided, concord to the UN Renewable energy idea for 2014. 1 The reliance on non-renewal energy sources, combined with rising environmental concerns, population boom and increasing conflicts in energy rich zones, is very such(prenominal) putt ing the ball in Vestas court, and companies like it. Tasked with supplying for tomorrows demand, we craving to take a odour at Vestas...