The Abel Corporation Essay Example | Topics and Well Written Essays - 750 words

The Abel Corporation - Essay ExampleOur strong brand name and subject of the art development capabilities are committed to providing our customers with the greatest value in power peter achievement that is available.Our customers have come depend on our power diaphysiss to be there when it counts. They have come to bonk Able Corporation as the leading innovator in the power tool business. Whether its home vivify or an industrial application, if theres a job to be done, you will find Able doing it.Management outlineI. CorporateA. champion Year1. Concentrate marketing efforts on most profitable linesa. Expand cordless lines2. Generate greater communication between departments3. Seek investors for objectt upgrades4. Concentrate on innovationa. to begin with battery design and hybridB. Five Year1. arrive brand recognition2. Expand sell dispersala. Wal-Mart, Home Depot, Lowes3. Seek new technologya. Batteries and Hybrid design4. Complete the renovation and go along of manufa cturing facilitiesC. ten Year1. Reach global markets2. Become the recognized leader in power tool innovation3. Reinvest in expansionII. Operational and BusinessA. One Year1. Generate greater program line over metrics2. Set departmental goals3. Research establishing Strategic Business UnitsB. Five Year1. harbour all departments working with the same info2. Reduce costs by improving efficiency3. hurl scheduling systems in place for high volume production4, Establish SBUs to meet expansionC. Ten Year1. Integrate global operations2. Develop employee expertise to approach new marketsIII. FunctionalA. One Year1. Initiate market researcha. Find out who is buying our productsb. Target their needs2. Develop a plant renovation/replacement plan3. Upgrade IT system to facilitate consistent data between departments4. Legal department strategy for protecting new designs5. Human Resources develop a plan to stabilize the workforceB. Five Year 1. Target our marketa. Enhance brandingb. Improve d istributionc. Research international potential2. Concentrate on new product developmenta. Improved tool design and functionalityb. Battery hybrid design3. Arrange financing for expansion4. Legal staff to secure international expertiseC. Ten Year1. International marketing campaign2. Human Resources provides a divers(a) global workforcea. International sales force BibliographyClarke, S. (2001). Information systems strategical management An integrated approach. capital of the United Kingdom UK Routledge.Lasserre, P. (2002). Global strategic management. Gordonsville, VA Palgrave Macmillan.Lawrie, G. (Ed.). (2004). Strategic performance management. Bradford, UK Emerald Group Publishing Limited.Scalet, S. (2005, July). Five steps to an effective strategic plan. CSO . Retrieved February 4, 2007, from