JOINT MASTERS PROGRAM OF DEBREMARKOS UNIVERSITY AND YOM INSTITUTE

OF ECONOMIC DEVELOPMENT SCHOOL OF GRADUATE STUDIES

DEPARTMENT OF PROJECT PLANNING AND MANAGEMENT

SECTION 7- SPM ASSIGNMENT-1

STRATEGIC PLAN OF MY COMPANY

NAME: AREGAWI SHISHAY ID No. GRS 507/09

Submitted to: Dr. Abera (PhD)

Addis Ababa, Ethiopia

Oct 29, 2017

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I have vast experience in working closely with Engineering Consultants, Architects, and Main
contractors and I believe that the success of every project lay’s in the communication channels,
which exist between the design, construction and client teams.

Vision

To be the best power solution providers and best competitive in any electro mechanical network

design and installation by 2025E.C.

Mission

The purpose of my company is to serve its clients in electro mechanical works. I am dedicated to
find the best solution to fit the customer’s needs by providing the best in customer service.
From picking up the phone to signing off on the completed job every person, every step, every
decision taken, is committed towards satisfying the customer and making all involved know
their value, feel their importance, and achieve success together. Meeting our customers’ needs is
a top priority. Achieving that and saving the environment is a distinction in which I can all take
pride.

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Giving quality service in electromechanical works to the customer of the company

Being competitive in the market of electromechanical works

Introducing and contributing new technologies and ways of giving services to our society

Creating job opportunities to those who believe on competition

Values

Reliable

Ethical

Fair

Quality service

Willingness

Responsibility & accountability

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Currently my company has limitation in finance, skilled manpower, and detailed plan. First I

will fill this gap by preparing detailed plan, hiring skilled manpower and I am learning now to

improve planning, communication and managerial skills and I am working to become financially

strong. I will make my companies structure, culture, internal systems must be consistent with the

formulated strategy by using database, server based reporting system, developing performance

based reward system, building strong teams in terms skill, social, cultural and good attitudes to

the companies mission and vision, wisely resource allocations, and developing clear managerial

decision making process based on skills personalities and experience. Currently my company

cares to its customer needs in giving services and I will make improvements continuously by

understanding their feelings, hobbies, introducing new and differentiated services and adapting

these technologies when they are fit with the formulated strategies. I am and will be dedicated

and committed to implement my company’s strategy while I monitor the process of the work in

every movement, and I control if there is any deviant in reference to the planned and I evaluate

these deviants and I take corrective action. To implement my strategy; I am on the way of

learning project management and planning to improve managerial skills and employees of my

companies are taking trainings from all functional areas in order to improve their experience and

to understand the objective of the company. Finally, I will achieve my vision, to be the best and

competitive contractor in electromechanical in east Africa by 2025. This is my goals and future.

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Strengths Weakness

I am very creative

I often impress clients with our ideas for their Financial problem

brands. I do not have detailed plan

I have great communication skills Limited manpower specially at the lower level

I relate well with our client’s and teammates (technicians)

I have the ability to ask key question to find I tend to move too quickly to complete task

just the right market angle. which often impacts the quality of our work.

I am completely committed to the success of a Presenting to room full

client’s brand. I have the problem of adapting the politics of

the environment

Opportunities Threats

The industry is growing and attractive Global competitiveness is very high

Free website show today’s technology Political stability inside and outside this

We are in developing countries and there is country

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The government will be outsourced some part Corruption, it will be difficult to get work

of the public company’s; like Ethiopian electric through legal, fair and competitive way.

power corporation and there will be getting this New governmental polices about foreign

advantage. currencies, import and export rules and

regulations and tax issues

Reference

David, Fred R. Strategic management: concepts and cases / Fred R. David.—13th ed. p. cm.

Strategic planning for public and nonprofit organizations: a guide to strengthening and sustaining

organizational achievement / John M. Bryson.—4th ed.

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