Strategic General Management Report: Construction Company Analysis

This report presents an analysis of the strategic general management practices within a construction company. The study, conducted by a project management team, evaluates the company's performance following a leadership transition. The report examines key aspects such as the company's mission statement, job progression strategies, financial management including capital base and investments, and shareholder relations. It also covers job procurement processes, overhead management, and the role of the marketing staff. The report further includes reflections on the management team's performance, the use of management software, and the importance of teamwork. Appendices provide additional data, including company aims, meeting minutes, and performance metrics. The report concludes with a bibliography of referenced sources.

Running head: STRATEGIC GENERAL MANAGEMENT 0
STRATEGIC GENERAL MANAGEMENT
Name of Student
Institution Affiliation
Executive summary
This study was done by a project management team of six people, reporting on the
management strategy of the directors of a construction company. This is after taking over from a

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team that had served the company for four decades. The initial phase of the project deals with the
completion of the ingenuity software, while the final phase will deal with head-to-head
completion of teams, as shown in the appendix of this paper. The project management team has
managed to come up with a precise and concrete management plan which is mostly aimed at
creating a positive impact to the company by enhancing the operating profit, client relationship,
company value and the overall market share (Ahlstrand & Mintzberg, 2012).).
This plan has been considered a success for a period of 3 months and the overall
performance is shown in the appendix below. During the planning period, weekly meetings were
also incorporated by the management to deliberate on how to come up with structured decisions
for the company. Details presenting sample of minutes collected by the management during the
meetings are given in appendix f. This exercise significantly enabled the six-led team to
appreciate the value of teamwork. The module was very nice besides being competitive from the
time it began. In our own view, the module helped in attaining good working relationship within
the members that were involved an personally I would wish to extend my sincere appreciation to
the team members for their persistence and resilience throughout the whole task (Amit &
Schoemaker, 2014
Assessment of the performance of the company
A new management team took over the leadership of the company in period ... at that
time, the working was at some point, despite having some areas which needed some
improvement. Some of the attributes of the company at that particular period has been articulated
in the appendix below.
Mission statement

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The management team came up with the following mission statement in its bid to showcase the
potential client what the companies do and the strategic plan of ensuring that the laid down
objective s are achieved (Amit & Schoemaker, 2014)
As means of determining the performance as well as attaining the mission statement, the
management team came up with a set of objectives and aims together with an appraisal of
whether they aims were attained or not which have been illustrated in the appendix below.
Company strategy
Job progression
When it comes to job progression, the plan was to develop a good relationship with the
client and this was to be achieved by completing the task early enough and on time. While doing
the assessment of the requirements of the staff, the management team unceasingly overmanned
the early periods by the over naming limits which was dedicated to every sector. The figure
below illustrates this since our group has always been at the front when it comes to the
completion of tasks. Additionally, our team aimed at procuring expertise in the management
sector a defined their levels in regards to theory expected salary pay. When this was being done,
there are some values which were accorded strong considerations such as respect, obedience,
commitments among others (Ansoff, 2010).
Financial management and company growth
Capital base

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Our management team had earlier on invested in capital investment since it was our
belief that it was one of the best ways to ensure the growth of our company. Conversely, as time
elapsed, our team managed to realize that the decision we made earlier on did not include some
aspects, for instance, the ways in which we would manage the debt as well as how the finance
would be used in effective financial management. As shown in the appendix below, this strategy
worked since it led to the success of the company. Besides, in the 7 months, all did not go well
as expected since there were some factors which resulted in the decline of the company’s growth
(Ansoff, 2013).
Investment
The company did not have enough amount with regards to the finances which they could invest
in other companies. Despite this, some commendable returns were obtained from the investments
though there was the feeling that our team did not realize the benefits to full potential. For
instance, a bigger investment would ordinarily take a minimum of $ 40000 to obtain cost
reductions of averagely 0.8% together with 25% in the risk costs. Each period is permitted an
investment of $ 200000.
Shareholders
Ordinarily, it is of great significance to ensure that there is a good relationship with the
shareholders. Besides, whenever a company is said to be progressing, then some key factors that
are reflected in are the share price of the company. Our team managed to at least pay some small
dividend to the shareholders though it resulted in a negative impact mostly on the share price
(Burgelman & Wheelwright, 2011)
Job procurement

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Job selection
Our team mostly focused on clients who had the objective of ensuring that the team would
progress to greater heights. This majorly was focused towards ensuring that the relationships
with the clients are good and maintained (Burgelman & Wheelwright, 2011)
Overhead management
Marketing staff
Since one of the objectives of the company was to prequalify the work. The plan was to increase
the number of the staff from 20 to 24 this was then revised in the period ... when there was a
significant increase in the marketing (Freeman, 2010).
Head office and management staff
A more in-depth and keen approach was required to assess the levels of the staff in the
measurement departments as well as the head office. An inclusive methodology had to be
developed which has been illustrated below.
Reflection
Reflection on the management performance
The composition of the management team played a various significant role in the
decision making part of the project (Venkatraman, 2015). The team had at least 6 individuals
from various countries and not everyone was on the same level of expertise. This seemed to be

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an uphill task initially, but surprisingly, the team managed to sit down and ensure that there was
harmony in terms of the various platforms that we engaged. Generally, effective communication
is what aided this. A divisional type of structure was used in order to make effective decisions
for the various sectors of the company. This structure applies the standardization of output as its
chief coordinating mechanism (Lumpkin & Dess, 2016)
Reflection on simulated management
Apparently, there are various types of construction company management software’s which are
present in the market. In my view, I think that the ingenuity software stands out as one of the
best management software due to the involvement of some highly technical experts in its
management. Besides, its offers presentation of high satisfaction. Hence, it’s my humble belief
that the success of managing a construction company would be easily achieved while working
with this software (Schendel & Hofer 2009).
Capital base timing
The timings of an investment are of crucial value to the success of a company. In our case, in the
early years, we did not benefit with a lot of considerations and as the company started to grow, it
reached a point that all not was going as had been anticipated thereby the company risked going
into loses. We later learned that it would have been of great benefit had we timed the investment
decision when there was a surplus in finance in order to reduce the investment cash (Porter,
2011)
Investments
Importance of being in a teamwork and actively participating

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Personally, I have managed to learn some few lessons with regards to being one of the
team members in the project. For the smooth and effective running of the organization, I have
managed to learn that a majority of the organizational activities have become complex as a result
of advancement in technology. As earlier stated the team comprised of ... persons who had
different personalities and characters. I managed to learn that despite all the members to the team
being enthusiastic and really willing to add positive impact to the project, it was clearly evident
that some members did put more effort towards the project. Personnel, for instance, when the
meetings of the strategic planning commenced, I had a feeling that we could be documenting the
minutes down so that we always have a point of reference may be in the coming meetings. I
easily managed to persuade the team to buy into this idea, which we did successfully in form of
minutes (Priem & Butler, 2011).
Bibliography

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Ahlstrand, B., Lampel, J., & Mintzberg, H. (2012). Strategy Safari: A Guided Tour Through The
Wilds of Strategic Management. Simon and Schuster.
Amit, R., & Schoemaker, P. J. (2014). Strategic assets and organizational rent. Strategic
management journal, 14(1), 33-46.
Amit, R., & Schoemaker, P. J. (2015). Strategic assets and organizational rent. Strategic
management journal, 14(1), 33-46.
Ansoff, H. I. (2010). Strategic issue management. Strategic management journal, 1(2), 131-148.
Ansoff, H. I. (2013). Strategic issue management. Strategic management journal, 1(2), 131-148.
Burgelman, R. A., Maidique, M. A., & Wheelwright, S. C. (2011). Strategic management of
technology and innovation (Vol. 2). Chicago, IL: Irwin.
Freeman, R. E. (2010). Strategic management: A stakeholder approach. Cambridge university
press.
Lumpkin, G. T., & Dess, G. G. (2016). Clarifying the entrepreneurial orientation construct and
linking it to performance. Academy of Management Review, 21(1), 135-172.
Porter, M. E. (2011). The contributions of industrial organization to strategic management.
Academy of management review, 6(4), 609-620.
Priem, R. L., & Butler, J. E. (2011). Is the resource-based “view” a useful perspective for
strategic management research?. Academy of management review, 26(1), 22-40.
Schendel, D., & Hofer, C. W. (Eds.). (2009). Strategic management: A new view of business
policy and planning. Little, Brown.
Venkatraman, N. (2015). The concept of fit in strategy research: Toward verbal and statistical
correspondence. Academy of management review, 14(3), 423-444.
APPENDIX A

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Company aims
Essentially, the aims and the objectives of the experiment should obey the 5 key rule which is
SMART, specific measurable, achievable and realistic. The aims of the company have been
broken down as follows.
APPENDIX B

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Minutes of the Meetings held
APPENDIX C

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APPENDIX D

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