Business Strategy Plan
This week you learned about organizational change while wrapping up the final reading of this course. This term is an important one as it concludes your learning in the HRM program. Taking what you have learned this term, you will develop a business strategy plan for a local organization of your choice. This should be an established organization in your area and may be one you are familiar with or one you want to learn about. Jimbo Transport LLC.
Your work should include the following:
· Conduct an interview with the business owner or manager of the organization. Use this as an opportunity to learn more about the business.
· Evaluate the organization’s motivation, innovation strategy and people strategy.
· Explain how the organization monitors ethics.
· Discuss the organization’s corporate social responsibility plan.
· Discuss the culture of the organization.
· Analyze an organization’s environment.
· Evaluate the organization’s competitive position and possibilities, potential generic strategies for an organization, potential value disciplines for an organization, and potential grand strategies for an organization.
· Discuss the organizational change management strategies the company has in place.
· Create a recommendation for improvement in the area’s in which you feel the company could improve.
· Your proposal should be a minimum of 11 written pages following APA format.
Runninghead: BUSINESS ETHICS
BUSINESS STRATEGIC PLAN
5
Capstone Performance Project (HRM699)
February 2, 2021
Abstract
Building a successful business requires time, planning, and a business strategy
.
Success will not happen overnight, building a successful business is not a sprint but a marathon. The final project objective was to a business strategy plan for a local organization. I chose to create a business strategy plan for Jimbo Transport LLC. Is based out of Atlanta, Georgia.
selected this business because this is an industry that I am looking into getting in the future. I had the pleasure of interviewing the owner discuss their current strategy what they have planned for future growth. The transport industry has shown a steady growth over the years. There is a lot of competition and enough work to go around; however, there must be a plan in place to differentiate the business from the competitors. This essay will examine Jimbo Transport LLC’s success and look at possible improvements that can help them in the future. The trucking industry is continuing to grow, businesses of sizes depend on their services every day.
Introduction
Jimbo Transport LLC is a family-owned business that has been operating for twelve years. The home office is located in Atlanta, Georgia, it is a well-established business that provides their services throughout the country. The company was established in 1999, beginning with one truck and has now flourished into a fleet of ten trucks. The owner is of the company is Mr. Stoney Mathis, he was a military veteran that retired in 1999 and started a company that was near and dear to his heart. The company was named after his father, the late James Mathis.
Interview with Owner/Management
To understand more about Jimbo Transport LLC, and interview was conducted with the owner. The first question was about the motivating factors that led to the establishment of the premises. According to Mr. Mathis,
The second question what are the pros and cons of the trucking industry.
During the interview, it was important to understand some of the challenges that the organization has faced.
The third question was on the new technologies that enhance the performance of business. .
Organizational Motivation
Innovation Strategy
People Strategy
Talent Acquisition
Leadership Development Strategy
Performance Management Strategy
Diversity Strategy
.
Recommendations on Improvement
Conclusion
References