Strategic Plan Development Paper

Essay by joneskUniversity, Master'sA+, January 2005

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Abstract

All organizations should have a Strategic Plan to ensure their vision and goals can be obtained with as few problems as possible in any business adventure. The organization that Team B, has selected is a new division within The Shaw Group Company, which falls under the Shaw Environmental & Infrastructure (Shaw E&I) Division. This division has many independent business lines that make up the total group and now a new business line has been developed, to allow the company to move into a very different business line. Shaw is entering the Fuel System Division and which is responsible for developing fuel-system restoration and construction projects under a design-build concept. As stated earlier this division will be considered a separate independent organization that will function as an independent organization, but still report to the main corporate office within The Shaw Group.

Introduction

The first of four papers this team will develop, it will begin with a strategic plan listing the basic information of this division.

It is the starting point in the overall goal to develop a Total Quality Plan Implementation later in the class. This week's plan will cover the SWOTT (strengths, weaknesses, opportunities, threats, and trends) analysis, a vision and mission statements, a set of guiding principles, establishment of two or three broad objectives, and the steps for executing the strategic plan, and the integration of total quality in the strategic plan. The fuels division is new, developed from the buyouts of two other companies by Shaw. It will work to develop a business line in fuel system upgrades and construction projects. Management's goal is to develop a solid quality program that will produce quality work building on the company's past reputation, so follow-on contract work will come in after the initial projects are completed. The Fuels Division's...