Strategic Management Tools: Hunt Solutions Company Assessment Report

This report offers a comprehensive strategic assessment of Hunt Solutions, an electrical contracting company based in Western Australia. The analysis employs various strategic management tools, including the 7-S framework, SWOT analysis, Porter's 5 forces model, balanced scorecard, and PESTLE analysis, to evaluate the company's internal and external environments. The report provides industry insights, assesses Hunt Solutions' service offerings, and suggests organizational changes, including a proposed organizational chart designed to reduce costs and improve operational efficiency. The assessment focuses on the company's strengths, weaknesses, opportunities, and threats, as well as its financial, internal business, learning and growth, and customer perspectives. The report also examines the competitive landscape using Porter's 5 forces model and analyzes the political, economic, social, environmental, technological, and legal factors impacting Hunt Solutions. The goal is to provide a detailed overview of the company's strategic position and offer recommendations for future success.

Running head: Company Assessment- Hunt Solutions
Company Assessment: Hunt Solutions
Strategic Management Tools

Company Assessment P a g e | 1
Abstract:
This assignment provides a complete assessment of “Hunt Solutions”, an electrical
contracting company based in Perth and operating in Western Australia, Victoria &
Queensland. The study is being conducted keeping in mind various strategic management
tools considering both micro & macro environmental forces. The complete assessment of the
company is carried out by using some tools like 7-S framework, SWOT, Porter’s 5 forces
model, balanced score card& PESTLE analysis. Some industry insights are also highlighted
to understand the market potential and the competition in the sector. Some changes are
advised for the company after analysis of the same with a structured framework, at the end of
the analysis, a detailed organizational chart is proposed, which will reduce the unnecessary
costs of the company, because of which company was bleeding to death (unnecessary
functional heads) and keeping it lean in order to focus more on the servicing and after
servicing of clients.

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Table of Content:
Introduction:...............................................................................................................................4
Industry Insight:......................................................................................................................4
Service offering:.....................................................................................................................5
Strategic management tools:......................................................................................................5
7-S Framework.......................................................................................................................6
Shared values......................................................................................................................7
Vision..............................................................................................................................7
Values..............................................................................................................................7
Team Work......................................................................................................................7
Integrity...........................................................................................................................7
Win-Win..........................................................................................................................7
Commitment to work......................................................................................................8
Mission................................................................................................................................8
Mission statement for Hunt solutions.............................................................................8
Strategy...............................................................................................................................8
Systems...............................................................................................................................8
Skills...................................................................................................................................8
Staff.....................................................................................................................................9
Style....................................................................................................................................9
Structure..............................................................................................................................9

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Functional structure.........................................................................................................9
Division/Multi-division structure....................................................................................9
Flatarchy........................................................................................................................10
Matrix structure.............................................................................................................10
SWOT Analysis:...................................................................................................................11
Strength.............................................................................................................................11
Weakness..........................................................................................................................11
Opportunities....................................................................................................................11
Threats..............................................................................................................................11
Balanced Scorecard..............................................................................................................12
Financial Perspective........................................................................................................13
Internal business perspective............................................................................................13
Learning & Growth...........................................................................................................13
Customer perspective........................................................................................................13
Balanced scorecard for Hunt solutions.............................................................................14
Porter’s 5 forces model.........................................................................................................14
Threat of new entrant........................................................................................................15
Threat of substitutes..........................................................................................................15
Bargaining power of customers........................................................................................16
Bargaining power of suppliers..........................................................................................16
Porter analysis for Hunt solutions.................................................................................16

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Threat of new entrant.................................................................................................16
Threat of substitutes..................................................................................................16
Bargaining power of suppliers...................................................................................16
Bargaining power of buyers......................................................................................17
Industrial rivalry........................................................................................................17
PESTEL Anlysis...................................................................................................................17
Political.............................................................................................................................17
Economic..........................................................................................................................18
Social................................................................................................................................18
Environmental factors.......................................................................................................18
 Technological............................................................................................................18
 Legal factors..............................................................................................................18
Proposed Organizational Structure.......................................................................................19

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Table of Figures:
Figure 1 shows services offered at Hunt solution......................................................................5
Figure 2 shows strategic management tools...............................................................................6
Figure 3 shows 7-S framework..................................................................................................7
Figure 4 shows the present organization structure...................................................................10
Figure 5 shows SWOT for Hunt solution................................................................................12
Figure 6 shows BSC for Hunt solution....................................................................................14
Figure 7 shows model of porter forces.....................................................................................15
Figure 8 shows proposed organization structure based on division (geographic)...................19

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Introduction:
The company here under assessment is “Hunt Solutions”. It is a West-Australian company
established in the year 2010 with the goal of bringing innovation to energy and mining
sectors. Hunt solutions gets its expertise from 45 years of experience working in the field of
High voltage asset inspection and maintenance services. It has established its reputation in the
mind-set of network owners and delivery partners within the utility and energy sector as that
of an esteemed and accredited contractor (Hunt solutions, 2017).
The service offering of the firm starts from scratch activities like scoping and design to
complex processes like construction & surveying ranging all over from Western Australia to
Victoria and Queensland, 45 years of combined Australian and international expertise, best
practices, market leading skill sets helps the company stay ahead of the curve and meet
client’s expectations & demand (Hunt solutions, 2017).
The USP of the company is providing quality, safe, environmental friendly, value-added
services to clients which is kind of no match to what competitors have been doing. The
company is ISO certified and has also been certified by renowned SAI global in 2013 (Hunt
solutions, 2017).
Industry Insight:
According to IBIS World, the electrical servicing industry has been facing challenges for
quite some time, this state however is improving owing to investment in housing &
commercial spaces providing ample space for the contracting work to notch up the growth
curve. The industry is supposed to grow at a rate of 2% until 2020 taking the revenue up to $
21.4Bn. The industry generates 70% of its revenue from repair work, maintenance and
installation activities in non-residential and residential property markets and the remaining
pie from work in industrial & engineering markets. The demand from heavy industrial &
non-building construction might decline for the time being, but at the same time contractors
working in energy, resources, telecom & telecommunications infrastructure market is going
to expand. Thus making the industry space look attractive. Another insight, the demand for
electricians, service engineers have increased exponentially owing to high tech electronics
being deployed on mines & subsidiary operations (ECD, 2017)

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Service offering:
Figure 1 shows services offered at Hunt solution
Strategic management tools:
The world is changing and so are the conditions of companies across the world, more the
uncertainty in economic condition of any country same is the fate of companies (Jacob,
2015). In order to keep a check on the progress, its company’s life cycle, growth trajectory,
companies keeps on assessing themselves on various parameters to stay ahead of the race and
be a step ahead of any economic downturn. In order to do so, companies keep on expanding
into different markets, work on their product features, distribution strategy, make the product
more appealing to the customers, work on the pricing strategy to lure more customers,
designing, customer engagement and so on. Therefore, managers/members/executives of the
companies keep looking for suitable tools to analyze the internal & external cost of
product/services, product costs, get market information, analyzing customers preferences his
needs and wishes, predict and assess organization’s performance as well to ensure
competitive advantage in production and servicing activities (Jacob, 2015).
High voltage utility maintenance
Asset maintenance programs
Power line construction
Thermographic & corona surveys
Transmission maintenance
Equipment testing & tagging
Streetlight maintenance

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Let’s take few definitions of strategic management from renowned authors to enhance
understanding of the topic before delving into the actual tools:
Strategic management is the process of managing the pursuit of organizational mission at the
same time keeping a track of its relationship to its market environment (Higgins & Vincze,
1993)
Strategic management is the continuous learning process which helps or attempts to fit the
organization with the changing environment in the most advantageous way (Digman, 1997).
Strategic management can be defined as a set of decisions & actions resulting in the
formulation & implementation of strategies designed to achieve the end objectives of the
organization (Pearce & Robinson, 2004).
This shows the importance of strategic management for the company, all the decisions
company takes, or the strategy it builds for sustainable business model forms the core of
strategic management.
Figure 2 shows strategic management tools (Jarzabkowski & Kaplan, 2015)
Using some of these tools complete assessment of the company will be done.
7S
Framework SWOT PESTEL Porters
forces
Balanced
scorecard
Value chain
analysis
Cost benefit
analysis
Critical
success
factors

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7-S Framework
These days the complexities of organization are making it really difficult to have an
understanding of how one company is greater than the other or bigger and so on; hence 7-S
framework is one of the best tools which help in understanding the organization. The
framework can be broken down into 7 unique elements.
Figure 3 shows 7-S framework (Singh, 2013)
Shared values
As the name indicates, shared values are all about VMV (value, mission, vision) of the
company. The company thrives and grows onto the shared values, the legacy is built on these
values and are carried forward generation and generation
They are also called as superordinate goals as they are the core values of the company and are
deeply rooted in the corporate culture and ethic of the company (Choo, 2013)
In the same light we can see shared values of Hunt solutions:

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Vision: We work hard every day, every hour to become world’s most respected contractual
service provider.
Values: These are principles or beliefs that guide any organization behavior towards
fulfilment. They are paramount beliefs the companies breathe in every day. (Significance of
values, 2017)
Team Work- We at Hunt solution believe in team work and belief that no work is impossible
if the entire team is putting in collective efforts.
Integrity: We at uphold solutions are believe in high standards of integrity in all our actions.
Win-Win: We create an environment of win-win for every service we provide, we truly
believe in creating synergies and customer satisfaction for our clients.
Commitment to work: We at hunt solution are constantly thriving to bring in best practices
for our clients, we hire some of the best talent in the industry who are always willing to put in
extra amounts of hard work to go that extra mile.
Mission: A company’s mission statement basically defines its culture, values, ethics, and
fundamental goals and how we apply them to individual stakeholders. It also reveals what a
company does, why it does it and how it does. Company’s stakeholders –Boards members,
employees, shareholders, distributors, community, etc. use this statement to align their goals
with that of the company (Breznik, Dermol & Sirca, 2014)
Mission statement for Hunt solutions
We strongly value and insist on providing quality, safe, environmental friendly, value added
focussed services strongly aimed at meeting client’s need & want
Strategy: It can be understood as actions a company plans to adjust itself according to the
external environment (The manager). To expand further, as explained in the earlier
paragraphs, companies are functioning in areas of utmost uncertainty, so they have to keep on
reworking and re-looking at their strategies to stay ahead of the curve and avoid losses (Eden
& Ackermann, 2013)
Strategy that hunt solution is employing is about being customer centric and provide round
the clock solution to its partners. This would though require hiring a few additional hands,

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but the opportunity cost attached to that is immeasurable. We are also working on designing a
standard set of service protocols for every business enquiry we get in, this will help us in
focussing on the SLA (Service level agreements).
Systems: In organizations, the word systems can also be interchangeably used as information
systems, it is predominantly what all tools the managers or employees use or have to attend to
formal or informal in order to stay ahead of the competition and so on. The 7-S notion of
systems part of information systems also include other systems such as strategic planning,
capital budgeting, recruitment, financial planning & controlling, performance appraisal etc.
(Kral & Kralova, 2016)
Application of Systems in hunt solutions:
 Service delivery: SLA of 24 hours as soon as the query drops in
 Capacity building
 Flexibility in the system
 Creating database and smart information systems
 Controlling systems to have an information on new technological changes.
Skills: According to 7-S framework, skills mean distinctive capabilities or dominating
attributes a company has which distinguishes it from its competitors or the entire ecosystem.
It can also be understood as skills the organization has and it has synergized it into something
extraordinary that sets the firm completely apart from other players in the ecosystem, because
of which the company is able to do well exceedingly (Alshaher, 2013)
At hunt solutions the gathered knowledge and expertise of 45 years of working in the field of
asset management and maintenance services as put us apart in the heads of our customers.
We have some of the most knowledgeable players in the industry who have earned a
reputation for themselves working with us, it sets the tone of our skills and thus we are
assumed in a different headspace in comparison to our competitors.
Staff: Good to know information, staff is nothing but just synonymous to “People”. It was
termed staff to fit into the 7-S framework and thus it has to do with the motivation, attitudes,
and aspirations of the people working with the company.