Business Problem Proposal
Abstract
Amed Lopez Construction started on June 15, 2005. This construction company has grown from a residential small job company to a business small job construction company. Amed Lopez Construction has grown incredibly in the last few months that it cannot continue with the same structure and administration. The company is at a stage where it needs to restructure to continue its growth successfully and expand its horizons.
Profits in any company are the base of growth and everything involved in increasing its market. Currently, Amed Lopez Construction has twenty-four laborers with Amed, the owner, supervising five different projects. Amed needs to start using sub-contractors for the large projects coming in so that he won't get absorbed and stop growing so that each project can be supervised more efficiently. The company requires growing intelligently and organized so that the results are effective.
Problem Statement
Amed Lopez Construction will transition from a small projects-based company to a large projects-based company due to its high demand of work and opportunity to grow. With the proper hiring and structure Amed Lopez Construction will have the opportunity to achieve market dominance in the construction industry and achieve future profitability.
Value Statement
The research is worth doing because it will give a small business an opportunity to grow successfully and effectively. At the same rate it will give the current key employees an opportunity for growth.
Background
The current state that Amed Lopez Construction is in will not allow for other projects and current projects will require Amed to stay at the job sites more time leaving some projects unattended. Every company's priority is to make the customer happy in order to make money. This opportunity relates to an organizational management concern because compliance will be an issue if the projects are not supervised and delegated properly.
Unfortunately, some ethical issues may be associated with growth and restructure. Of the current 24 employees that exist, there will have to be some promotions and some lay offs. There will need to be key employees that will always be on the payroll whether the company expands or reduces in size being it is seasonal type of work. Sub-contractors will be in charge of a specific job and therefore will replace some of the current personnel. There is need for a transition in the way its current company structure runs and the way it should run to accommodate a profitable and successful growth.
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He also has rich experience in building three companies and deal with different customers. One of his weaknesses is that he cannot find enough funding resources. Mr. Wooten cannot offer initiative fund by himself. Even though Mr. Wooten was in the business for a long time, he does not have good relationship with his customers. 2.
Sandro A. Carrasco is a Pratt alumnus. He graduated in 2012, with a Bachelors of Architecture degree. He is currently the associate project manager for Jones Lang LaSalle (JLL), at their Madison Avenue, New York, New York office. I am inspired by the many positions Sandro held, during his tenure at Turner Construction Company. A company, I intend to work for upon graduation. Therefore, I wanted to learn about the transition process. I was also curious to learn more about Sandro and his experiences. Therefore, this desire to establish a mentorship with Sandro motivated my decision to interview him; for the betterment of my career, in the future.
Such a reputable Canadian company can only encourage entrepreneurs to reach for the stars in their business endeavour’s. Learning about how a Canadian company achieved such a position in many of the industries can only encourage readers to work harder for their goals. After reading this report, you will gain an in depth understanding of the operations that go on every day at an inspiring world leading engineering and construction company.
You have asked me to analyze your plans for future growth and recommend the best form of business organization to accommodate that growth. I have also taken into consideration you’re your two main concerns of increased liability and ability to add investment in capital assets.
1)The opportunity for expansion can be very beneficial to any business having the desire to branch out. The task for engineer, De Guzman, is to have a new facility opened and operational within three months. Without having any other confirmed employees of the new facility, three months is not a realistic amount of time in order to have it ready. The goal is to have the facility opened and functioning at three months with employees that are able to do their job at a minimum performance level. It could take months in order to develop employees that will run a new facility in three months. It was once said that, “I know when I was in management I didn’t spend as much time as I should have on the development of my own employees (Lipman, 2017). The amount of time spent on employees will show if the facility is operational at three months.
Our Vision is to become one of the preferred choices of players in the construction industry
Since its establishment in 1925, Caterpillar Inc. has built a name in the construction and mining industry as an excellent manufacturer of equipment for a wide range of applications. Today, the company is the market leader in the industry and now it targets to expand its operations globally. In the various emerging economies such as India, China, and Brazil, Caterpillar Inc. has sported potentially profitable opportunities which it needs to exploit before its competitors establish their presence in those markets (Rome & Levine, 2006). In this regard, Caterpillar Inc. has to have an effective business strategy and contingency plans as well as an effective implementation plan. This paper shall discuss the components of the implementation plan which Caterpillar Inc. needs to adopt in addition to the organizational management change strategies that would enhance successful implementation. The paper shall also outline a risk management plan including contingency plans necessary for defusing any identified risks. The discussion shall also include an outline of the success factors, budget, and forecasted financials which Caterpillar needs to base its expansion plan on.
...hink about the importance of a construction manager. They are the “grease” that keeps the construction world running smoothly. Without them, no one would know what do and how to do it. They have to fulfill the costumers needs, whether it the C.E.O of a large corporation, or a small land owner looking to build the right house for his or her family. They can do it all. “The road to success is always under construction.”
The distinction between the start-up and growth stages in not easily defined. The distinction lies in the revenues, profits are stronger and are consistent with an increase in customers, as well as, new and exciting opportunities for the employees to pursue. Managers can look forward to many managerial challenges, perspective policy issues and re-evaluating the business plan for revisions. A manager’s focus should be in the running of the business, with a greater emphasis on accounting and human resource management systems. New staff will have to be hired, trained and prepared for the influx of business.
It is among the largest engineering companies in Malaysia with a growth rate of over 20% for four consecutive years and is among the best managed companies in Asia. It is among the most transparent and therefore leads on the issue of corporate governance. It enjoys incredible growth in sales shareholder and has a base of nearly 1 million. L & T is the core of a group of companies involved in building complexes, worksheets, offices and service outlets at different locations all over Malaysia and abroad. L & T has an incredible reputation for capabilities for executing engineering related projects. This has been enhanced by it long business history which date back in 1938 to present. It provides real and logical synergy in terms of executing turnkey projects for construction, engineering, supplying machinery and suppliers credit. Further, by the use of Total Quality Management (TQM) principles e.g. customer focused, reducing costs and wastage, and adding value at all stages for maximising customer satisfaction and emphasis on 'customer delight '. The company therefore delivers more value than expected by customer. It has ability to synthesise, incorporate and complement its diverse world-class engineering, manufacturing, procurement, construction and fabrication skills around turnkey projects and people. L & T has a world class vendor base and quality technological alliances, excellent IT
There are plenty of contractors in [ln] offering the same service. But, not all of them provide exceptional construction results. [cn] is a trusted and respected name in the home building industry in the area. Here’s the reason we are the company you should hire to carry out your next construction project;
I have used tools and techniques that I studied in last previous semester to apply it in projects, which I done before to practice and improve for myself. On the other hand, I got management and leadership knowledge and helpful information by reading useful resource such as: Harvard Business Review, Forbes magazine and so on. In addition, I also obtain my awareness about management and leadership in constructions projects by talking and debating with my father, who has worked like a contractor in construction field in 20 years. His comment always helps me to achieve a deep understanding about usual problems in construction projects in reality and how to motivate and empower to staff, especially, how to build a relationship between employee and employer, and between manager and
Ferris Healthcare, Inc recognizes that their growth as organization was depending on their rapid implementation of project management. Their line managers have been performing as project managers, which most of the times resulted on delayed and over budget projects. All employees agree that a project management methodology is necessary in the organization.
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