Strategic and General Management (pdf)
Added on 2021-06-17
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Leadership Management
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Strategic and General Management 1Strategic and General Management of Simon Construction CompanyA Research Paper on Energy ByStudent’s NameName of the ProfessorInstitutional AffiliationCity/StateYear/Month/Day
Strategic and General Management 2INTRODUCTIONThis research paper seeks to articulate and describe the principles of strategic and generalmanagement of Simon Construction Limited Company. This report paper seeks to assess the processes involved in developing a new company strategy, evaluate and analyze Simon Company information and make informed decisions concerning the future success of the company, and to summarize the principles of strategic and general management in the construction company. Some of the subtopics discussed in this report include the summary of thecurrent strategy of the Simon Construction Company, opportunities and challenges facing the company using simple strategic analysis, new potential strategic options to increase competitive advantage, and recommendation for the future direction of the construction company. Simon Construction Company is a commercial building envelope contractor that focuses on construction management services, steel building construction, and commercial construction services. The construction portfolio for this Simon Construction includes agricultural buildings, sports arenas, places of worship, educational buildings, warehouses, manufacturers, municipalities, business, veterinary clinics, outpatient clinics, professional offices, and multi-family housing. Strategic management in the Simon Company deals with the success and long-term direction of the construction company and covers issues that are normally of primary concern to the top and senior management[ CITATION Joh12 \l 1033 ]. Strategic and General Management of Simon ConstructionThe strategic and general management of Simon Construction is closely related to the planning function of the management, and entails decisions on which aims to pursue within a given duration, and how the objective should be attained. This decisions in this construction
Strategic and General Management 3company revolve around the choices of selection goal, services, and products to be offered by thecompany, and how the firm competes in its product market within the UK or globally. The general and strategic management of Simon Construction can be characterized by three major features. These features can be summarized as:A long-range exterior perception on creating innovative adaptations to the changes in the environment which may significantly and positively affect the future of the Simon Construction. Formulation of strategic change decisions which must permeate in the whole of the company, synonymous with the management concept itself. A holistic approach, aiming at the totality of the well-being of the company as a socio-politico-cultural and economic organization[ CITATION Dav101 \l 1033 ]. The process of strategic and general management of Simon Construction incorporates two complementary aspects, majorly strategic decision making and strategic planning. Strategic planning provides an organic flow which gives an opportunity to the strategic planning as shown in the figure below:Strategic management components in Simon Construction[ CITATION How10 \l 1033 ]The five basic steps involved in the process of strategic and general management of the Simon Construction are explained below:
Strategic and General Management 4Step 1: This step involves the analysis of the existing status of the construction company in the identification of mission of the company. This would involve an evaluation of the past and current strategies determined through the performance of the company in the construction sector in the UK. The mission of Simon Construction is to build its reputation through the provision of quality work and completing the projects from the start to finish with the highest integrity[ CITATION ELC10 \l 1033 ]. Figure 2: Strategic and General Management Process of Simon Construction[ CITATION Kag09 \l1033 ]Step 2: Evaluation of the future prospect to set objectives that are long-term. This is carried out through careful analysis of both internal and external environment of the construction company. The internal environment majorly entails the employees working in the construction company
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