Strategic Plan Part 1: Conceptualizing a Business Essay
Words: 1271
Pages: 6
Strategic Plan Part 1: Conceptualizing a Business
Strategic Plan Part 1: Conceptualizing a Business Strategic planning is critical to the success of any business, especially new emerging ones. “Once a firm has committed itself to a particular strategy, its image and competitive advantages usually are tied to that Strategy”(Pearce & Robinson, 2009, P. 3). This strategic plan will map out the path for Bentley IT Services. The definition of the business and customers is evident in the mission statement. The intended future of the company is consolidated into clear vision statement. The core values of the company server to guide the company in all endeavors. These mission, vision, and values will guide the company on its journey. The five core values are excellence, initiative, teamwork, shared commitment, and integrity. Excellence is superior performance as seen through the eyes of our customers, employees, and shareholders. Initiative is exhibiting desire for action and being responsive to the needs of clients and employees. Teamwork is working together to achieve results and build positive relationships. Shared commitment is the mutual relationship between Bentley IT Services and its employees based on shared goals, trust, and respect. Integrity is dealing honestly and respectfully with clients, employees, shareholders, and the community; abiding by all laws, regulations, and professional standards. Guiding the Strategic Direction The mission statement, vision statement, and core values of Bentley IT Services will serve to guide the company in its strategic direction. The mission statement lets the clients, employees and shareholders know that the company is committed to serving the client’s needs. The mission statement also tells of the company’s expertise in their field. All of this tells everyone concerned of Bentley IT Services customer focus and superior technical abilities. Whether it is customers, employees, or shareholders reading the statement, all will know exactly what the company does. The vision statement outlines how the company desires success through providing excellent service to its customers. Their vision to become the premier IT consulting company
Related Documents: Strategic Plan Part 1: Conceptualizing a Business Essay
Strategic Plan Part 1: Conceptualizing a Business Strategic Plan, Part 1: Conceptualizing a Business BUS 475 University of Phoenix March 18, 2013 Strategic plan part 1: Conceptualizing a business When conceptualizing a business it is important to make sure to create a high quality strategic plan. This plan will help to detail a company’s vision, mission, values, goals, and direction that will be desired once the company has been started. When deciding to start a new company…
Strategic Plan Part 1: Conceptualizing a Business 1 Strategic Plan Part 1: Conceptualizing a Business BUS/475 - Integrated Business Topics Michael Portillo August 29, 2011 Strategic Plan Part 1: Conceptualizing a Business 2 GPS Marketing is a marketing company that specializes in getting qualified guaranteed prospects to see in front of independent insurance agents. GPS actually stands for “Guaranteed Prospects to See”. GPS Marketing guarantees every agent that comes aboard with…
Week One: Introduction to Strategic Management Details Due Points Objectives 1.1 Define strategic management and planning. 1.2 Create an organizational mission and vision statement. 1.3 Analyze an organization in terms of its structure, culture, and purpose. 1.4 Develop a strategic plan. 12/17/13 Readings Read Ch. 1–3 & Ch. 2 Appendix of Strategic Management. Read Ch. 7 of Strategy: Winning in the Marketplace. Review this week’s Electronic Reserve Readings. 12/17/13 Participation…
Strategic Plan, Part 1: Conceptualizing a Business Kandis D Lewis BUS/475 March 11, 2014 Timothy Harrington When starting a business it important that you take into consideration the vision, mission and values that you would like for your company to have when creating a strategic business plan. With implementing these; three key functions into your plan, will provide your business the opportunity to become a successful business. The business idea that I would like to one day pursue would be a…
Business Model and Strategic Plan Part I: Conceptualizing in Business Victoria N Wilbert BUS 475 December 1, 2014 Ryan Simpson Business Model and Strategic Plan Part I: Conceptualizing in Business Innovation is a money and time saver that will help an organization achieve a competitive advantage to grow and adapt in the marketplace. Innovation refers to implementing new ideas, creating dynamic products, and improving existing services. Businesses that innovate create more efficient work processes…
Strategic Plan, Part I: Conceptualizing a Business BUS/475 Strategic Plan, Part I: Conceptualizing a Business Bell-Mart mission and a mission statement must is clear and succinct enough to signify its purpose and existence to its employees and customers. Bell-Mart evaluates how it will address its customer’s needs and how to differentiate its products and services to enhance its competitive advantage. A vision and a vision statement convey the type…
Discuss with your Learning Team an existing organization with which you are familiar that is different than the one you used for the Conceptualizing a Business paper. Write a 700 to 1,050-word paper in which you analyze the individual values and the organization’s values as reflected by the organization’s plans and actions. Include the following in your paper: • Analyze the origin(s) and subsequent evolution of your personal and workplace values. • Explain how your individual values drive…
Strategic Plan: Part 1: Conceptualizing a Business Delma L. Espinoza BUS/475 June 6, 2013 Wayne Brock Abstract In a business it is important that you have a vision as to where you want your business to go. A business also needs a mission as to where we want to be as a company. As important as the vision and the mission are to a business, the core values in which the company performs is also key to the livelihood of the company. A business that is going to be outstanding and going to be the…
with life controlling issues that effected their lives, in part due to injuries incurred while participating in NCAA sanctioned activities. The need was established but, branding, marketing and getting the word out was a daunting task, particularly without any funding whatsoever. I have since had some personal life controlling problems of my own and I have put FAN on hold awaiting the re-introduction. This time and with sound advice I plan to have funding in place including a recognizable, national…
