Tuesday, October 15, 2019

Strategy Implementation Essay Example | Topics and Well Written Essays - 1250 words

Strategy Implementation - Essay Example They need to update and improve their mission and visionary statements. A modification of their mission statement would be beneficial for them to create a new and improved business image. StilSim needs to fix its value statements and maintain them as well. Along with these, they need to create a list of stratagems to assist them in their success. To determine the risk factors that could hinder them, they should create a new organizational structure that also contains a plan of backup in the event that the new organizational structure implemented does not work. They would also benefit from a behavior controlling system, thus allowing StilSim to offer incentives and rewards to their employees, improving performance rates. Finally, StilSim needs to address the ethics problems they have and make plans for the issues that they currently have not addressed. If StilSim were to execute these changes, they would be able to be more competitive within the market and create a new period of reven ue. StilSim’s Mission and Vision Statements The name ‘StilSim’ is suggestive of the enthusiasm we have about our company. We have a large knowledge base about our people and recognitions that we have gotten from our workings in the market and in our community. In keeping with our individuality and enthusiasm, our name also implies the same. Currently, we have three operating offices in Ohio, where our staff is extensively knowledgeable of our clients’ accounts. They provide our clients with flexibility that no other company can. We have been operating for over 25 years and truly understand the trials of our chosen market, allowing us to provide the services that can exceed those tests. Value Statement Our values are simple and altruistic: Respect, integrity, honesty, quality, excellence and continued improvement are our commitments. We are committed to our clientele, which has been our primary focal point and number one priority in our service presentation . We honor our clients, partners, shareholders and employees, with a passion that provides exceptional results. To ensure quality of service and understanding, we provide all of our customers and employees with a handbook complete with all of the pertinent information about our company. Plan of Action In order for StilSim to implement the necessary changes, they must have a plan of action that is ascertainable. It will make certain that they are looking after our customers and ensuring that no one and nothing is left behind. The current plan of action is a low cost strategy that is perceived to allow them to move forward and be successful. StilSim believes that they need to update our technological base, as it is the original platform they started with. In today’s world, technological advances are in constant flux and for them to keep up with the times they must implement new technology in order to compete. To start, StilSim needs to upgrade their current database. This infor mation is imperative to be kept in a highly organized, accessible, manageable construct. An upgrade to the database will also allow the company to classify the information they have based on content. Another technological update that would be beneficial is the use of intranet. This will allow StilSim to communicate more efficiently within the company’s borders, improve communication in the sharing of data and improve employees’ knowledge of the company’s workings. StilSim would greatly benefit from voicemail, to

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