Michael Maung NSCI 501
Jarvis Communication Corporation Case study
Mission Statement
"To become your daily-life communication devices' provider in the United States"
In order to meet this mission statement I would like to propose following three strategies:
Strategy One
Jarvis Communication should come up with new ideas, talents and methodologies to manufacture new products to the market. In this case, this company needs to consider "time is the essence" factor. Many competitors will emerge from different parts of the world in not very distance future, as quoted in this case "Keeping a flow of new products will be necessary to survive".
The company should set their two main goals for next year. The
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Second objective to support first goal is establishment of mutually- advantageous partnership among them.
To achieve the second goal in this strategy two, one should be to set implementation to gain 15% of state law enforcement communities and the second objective should be to get 15 % of emergency response communities. Those mentioned two communities use communication devices as part of their daily routine.
Strategy Three
To support Jarvis Communication's mission statement, the company needs to improve its visibility in public. I think Jarvis Communication should expand its cash fund. There are two goals to achieve this strategy number three. First goal is to become public company and list on the NYSE. Secondly, promote company's fund expansion due to exchange in stock market as Jarvis Communication becomes public company. Both of the above mentioned goal could be achieved by hiring financial expert to predict the future market of Jarvis Communication Company and having experts to analyze those data to get sustainability of the company when it goes public. Since my knowledge in stock market and NYSE is only from news media, I would consider discuss with professional in that area before I suggest something.
Analysis
Generally, Jarvis Communication Company is a successful communication company so far. I would suggest Jarvis
In order for any organization to be successful, they must be able to establish a purpose. Each and every organization must carry out this mission through its business operations and executed through all stakeholders actions. According to Radtke (1998), “A good mission statement should accurately explain why an organization exists and what it hopes to achieve in the future. It articulates the organization’s essential nature, its
This assignment has been produced to provide evidence of my organisations goals & objectives, the evidence provided gives clear distinction between the goals & objectives of my organisation.
This marketing plan lays the foundations on which to build a solid and successful entry and entail a marketing campaign promoting core brand attributes and aligning them with our target market. To keep the plan on track specific objectives have been created to guide all strategic decisions. The objectives are divided into marketing and financial objectives
II. Business Model and Strategic Plan Part I: Existing Business or New Business Division; Vision, Mission, and Value Proposition ………………………………6
Describe goals and objectives as they apply to business. pg 181-182; wk 6 lecture, pg 1
Lastly, the company suggest to expand their current inventory through increasing production and capacity. With the increase in production rate the company can gain more consumers as a whole through supply and demand. Doing this would give the company an opportunity for more exposure and perhaps better brand recognition.
For the realization of these mission and vision, the division has to meet the following aims and objectives:
The methods that the organization will take to achieve the required results both now and in the future
The company is currently implementing five short term business strategies focused on delivering results that will prompt company growth in comparison to its industry and its competitors: “(1) driving a competitive top line; (2) generating margin flow-through from improved
Refer to the following information for a more detailed description of this organizations’ business strategy.
During Doug Jarvis’ artist talk, I was impressed by the unique way he explores relationship between body, identity and time. More specifically, he integrates his own body (also the virtual avatar of himself) into his performance art in order to present an interesting and mysterious idea that ghost is the representation of our past, and avatar in the virtual world could be a duplicate identity of ourselves in the future, even after we died. To me, the idea relates to the avatar and the virtual world is more interesting and inspiring, it broaden my understanding of how the form of art could possibly be, and how virtual world could possibly affect our identity.
Assess how the vision statement and mission statement of the corporation influence its overall success:
That relates directly to winning a larger market share. The short-term goal for the company should be to cut coasts and improve the human resource department functions. Which can be done through the above stated suggestions of the improvement of the business.
To begin with, Chapter two covers three important aspects of the business world which are competitiveness, strategy, and also productivity. These particular aspects are very important for any company to succeed in the world of business. With that being stated, any type of firm such as a manufacturer or a service provider, they must employ these three aspects because they play an important role in growing revenues. For an organization to even be considered successful, they must have a competitive advantage which leads to a strategy that will meet the company’s goals, while having the knowledge-ability to help produce the goods and services in a cost effective manner. Also, it is known that most organizations have a single state called the Mission Statement. The mission statement basically summarizes these three aspects of a company. One question that the Mission Statement should address is, “What level of business are we in?” This mission statement is categorized as the absolute basis for the organizational goals.
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