To Prof. Metildah ONLY
INNOVATIVE AND CREATIVE BUSINESS THINKING
THEORY-BASED
STRATEGIC
EXPERIMENT
INTRODUCTION - EPHRAIM
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INNOVATIVE WAYS
ECO FRIENDLY
FUEL EFFICIENCY
COST SAVINGS
COMPETITIVENESS
EFFECTS ON CUSTOMERS
INCREASE OF BUSINESS OR NEW MARKET
SLOW ECONOMIC TIMES
PUBLIZE
MARKETING EFFORTS
ENVIRONMENTAL CONCERNS
ADDRESS CHANGES (by Maria, Jose, Ruben)
METHOD #1
METHOD #2
EPHRAIM
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levels of detail
Efrain
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communication of expectations
MARIA
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nature of predictions
Maria
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frequency of strategic reviews
The frequency of the reviews will be quarterly, and yearly
Key questions to monitoring and evaluate the plan:
Are the objective and goals accomplished?
It is necessary to change the deadlines to complete the objectives? Why ?
Do the personal have the acceptable resources to achieve the goal line?
JOSE COLLADO
The frequency of strategic reviews is to ensure that the objectives and goals go according to the plan, the over all strategy must be reviewed quarterly and yearly.
The plan will be a 3 to 5 strategic plan to increase sales and profits improve service taking conscious of the environment adopting an eco-friendly approach.
The middle managers at all locations has to report the progress to the Chief Executive officer.
It is important to communicate the progress. Also at the end of each stage is important to give acknowledge the end of that stage, also to highlight the end of each process and the beginning of the other. To avoid the personal to think they are working in a continuous cycle without end.
If any changes go to be considered is important to know the reason for those change. An ask WHY THE GOALS ARE BEHIND THE SCHEDULE?
Adequate resources refer to equipment, facilities training, and money between others. The financial records from the last years (2 ton 4) years will be analyzed.
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frequency of strategic reviews
Are those goal realistic and objective?
The priorities must be change to put more focus on the goals to achieve?
It is necessary to change the goals?
What was learned from the monitoring and evaluation process?
JOSE COLLADO
Plans must be realistic and objective to make sense and be achievable.
This question must be handled extremely careful, before any change is important to know the reason why the goals are not achieved.
This question is important for evaluate and improve future activities or planning, also to improve the evaluation effort for next improvement projects.
The results must be write down in an status report, with the response of the key questions at the same time of the implementation.
The progress or lack of objectives trend towards goals must be evaluated including goals and objectives.
Recommendations must be done depending on status and the actions need from the management team.
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perspective of time
| Action | Who is Involved | Tools & Techniques | Estimated Duration |
| Conduct a scan of trends in the service industry environment | Executive Team and Planning Team | Environmental scan worksheet | 3 – 6 – 12 Month |
| Identify market and competitive opportunities and threats | Executive Team and Planning Team | Web research Trade shows Industry reports | 3 – 6 – 9 -12 Month |
| Clarify target customers and value proposition | Marketing team, sales force, and customers | Customer survey / feedback Customer worksheet | 3 – 6 Month |
| Review staff and business associates feedback to determine strengths and weaknesses | All Staff | Employee survey / feedback | 3 – 9 Month |
| Synthesize into a SWOT Set the Huffman competitive advantages based on your key fortes | Executive Team and Strategic Planning Leader | SWOT Analysis Positioning Map Opportunity Analysis | Strategic Position Meeting: 2-4 hours Yearly |
Jose Collado
The Hoffman Trucking growth revenue strategy within the next 3 to 5 years is 12%
To do that Hoffman will increase their offering to existing customers on specializing products and service alternatives. Adding value to the customer and more profit for Hoffman.
The purpose is to increase loyalty and sales also to strengthen the relationship to existing customers
With the expiation of service offerings Hoffman look to attract new customers with more service in specialized shipments requirements also bringing more profit because the complexity of the service required.
The ISO 9002 certification that provide confidence on the shipping services to the customers on the processes and merchandise handling.
The new 12 hours lead time shipping request system enabling the company to respond more effectible to the customers needs. Make Hoffman more aggressive than their competitors in the market.
Huffman expansion of services to customers that ship and receive products from and to Asia Pacific in partnering to overseas companies will be an increment of business and profits to the projected 12% growth for the following 2 to 5 years.
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nature of measures
RUBEN EL FANTASMA
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conclusion
Based on our theory-based planning, state what other factors need to be analyzed
Other steps that must be completed to determine the best solution for the organization
Ruben
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references
Great Value from Monitoring and Evaluation. (Free management Library). Retrieved from
http://managementhelp.org
Strategy Reviews vs. Operational Reviews. (2015). Retrieved from
http://www.dummies.com
An Overview of Sales & Marketing. (2011, 2013). Retrieved from
https://ecampus.phoenix.edu/secure/aapd/cist/vop/index.html
EVERYBODY- AT LEAST ONE REFERENCE PER STUDENT
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