Analysis Of Aon Hewitt

Some avid soccer followers may recognize the word “Aon” from the Manchester United soccer jerseys, but outside of that, most individuals have no idea who or what Aon Hewitt is. That’s because most are unaware of risk management and HR outsourcing firms. Aon Hewitt is one of the largest companies that operate in this industry. Risk Management involves everything from consulting other medium to large organizations to reinsuring large scale events like the Super Bowl. As stated prior Aon Hewitt is one of the largest publicly traded companies in the industry and the company’s stakeholders have been passionate about leading positive change and serving the community. According to the Aon’s corporate board, their purpose tie into the strategic
Each strength seems strategic; the acquisition of Hewitt Associates by Aon merged two large global organizations. AH has financial backing to enter new markets. Since the merger, AH began offering retiree health care exchange services, purchased OmniPoint Consulting, which is a leading SaaS implementation, company, and currently featuring scores of new technology services to better support clients. Having the financial support to introduce new platforms and services has reaffirmed Hewitt’s long-standing reputation as a pioneering company. Hewitt Associates rose to prominence when it managed the U.S. government’s “pay-as-you-go” income taxes in 1943, now in 2014 AH is at the forefront of the retiree healthcare exchange movement which is an overlooked by-product of health care reform. AH’s large arsenal of support services would be useless without a large client base. AH’s has the ability to service clients anywhere in the world. Their clients represent almost every industry, which essentially creates contingency for any economic scenario because, typically, financial crisis do not normally affect all industries simultaneously. Although AH is not concerned about a one-dimensional client portfolio, there are weaknesses that must be
According to Chirantan Basu, “commoditization occurs when consumers can buy the same product or service from different small or large businesses” (Basu, 2008). A side effect of commoditization is a product’s only distinguishable aspect becomes the cost. Aon Hewitt have the opportunity to exploit their top tier technological solutions at a lower cost thereby creating a visible value added proposition to clients. Even with the opportunity of creating a value proposition, AH is at high risk of prolonged implementation periods, unstable on-going support and too much organic