Module 2 Assignment 2 Discussion Blanca Arteaga B6028 Solutions to Organizational Challenges: A Capstone Experience Argosy University September 11, 2013 CSI 3000 is a small construction company that was founded in 2010 by Rey Rivera, a Project Manager with a broad range of construction experience. CSI 3000, Inc. was founded on a commitment to become the leading Minority-Owned Contractor in the Chicago-land Region. From inception, their focus has been entirely client based so as to ensure that their customers are completely satisfied from concept to completion of the project. Their goal is to create a superior Minority Business Enterprise (MBE) option for owners by building a company that understands the business of …show more content…
Explain how your product differs in terms features, function, quality, price, availability, brand image, etc. Explain why this differentiation is important to your customers. CSI 3000 has been able to compete with similar companies in this industry. Mr. Rivera stated that in order to stay competitive and make money one must create relationships. They have to like you in order to keep hiring you. (Rivera, 2013) When you find a way to save a client money, they will be your friend for a long time. In the past Mr. Rivera was a Project Manager at a non-profit organization that helped construction companies grow their businesses, while working with larger companies. While in this position he was able to create relationships with other contractors such as Walsh Construction, Wight Construction, and F.H. Paschen (just to name a few) and became their friend. When he decided to leave his position at this other organization he had the support of these large contractors that were willing to give him a chance. It is not easy to get a meeting with these companies let alone consider you for a project, but because of the relationships he built CSI 3000 was able to compete with other well know concrete companies such as Scurto Construction, DeGraf Builders, and Reliable Construction. This is just a few companies that CSI 3000 competes with, but within a 3 year period this company is already as well known as these other companies that have been in business for
The Mace Group Ltd was formed in 1990 by a small team of construction professionals in London, United Kingdom. It has over 4,000 employees. The company has three strategic sectors serving clients in the private, public and infrastructure sectors and five strategic hubs in Europe, Middle East & North Africa, the Americas, Asia Pacific and Sub-Sahara Africa that service over 70 countries. By the end of 2013, there were 214 operations directors, 82 directors and yearly turnover was 2.5 billion dollars. Today Mace is an international consultancy and construction company, offering integrated services across the full property and infrastructure life cycle. In North America area, Mace provides project management, cost consultancy and facilities management services across the country. It has regional hubs in New York, Newark, Atlanta, Chicago and San Francisco. In Engineering News Record’s Top 250 Global Contractors List for 2014, Mace has been ranked 10th in the list of top 20 non-U.S firms in international construction management and programme management fees, 9th in the list of the top 20 non-U.S. firms in total global construction management and programme management fees and 166th in the overall list of top 250 international contractors.
Our team decided to choose the “Broad Differentiation” strategy as the basic strategy for our company. We will attempt to differentiate our product line in several distinct dimensions. By providing products that are vastly superior and unique from our competitors and pricing the products with an affordable price, we can gain something that is beneficial for the company in the future, which is customers’ loyalty and awareness. We may change or modify our strategy for the next round depending how it performs against our competitors.
Comau began by streamlining: it combined both its contract management and project management under one umbrella. It strove to create a common language between customers and employees, thus reducing misunderstandings. A newly-unified company, all operating under the same processes and mission combined with more effective risk mitigation strategies enabled better selection of projects, and also minimized the 'scope creep' of projects.
Create a new positioning statement for your product, and provide justification for your new positioning strategy.
Clough, Richard H, Glenn A. Sears, S K. Sears, Robert O. Segner, and Jerald L. Rounds. Construction Contracting: A Practical Guide to Company Management. , 2015. Print.
Contractor selection and bid review: Construction Specialists will help the purchaser solicit bids from a pool of qualified contractors and assist the purchaser in reviewing and evaluating the bids in order to select a contractor for the rehab component of the project.
*the City's requirements that a percentage of the project be done by local and minority talent hamstrung BAE to deliver. They were forced to hire subcontractors resulting in longer times and higher costs.
Over the course of her career, she has instructed individuals through the Regional Alliance for Small Contractors and the South Jersey Building Contractors Association. She has also delivered a presentation before the Joint Toll Bridge Commission and participated in a range of industry trade
industry is large enough for many sellers. CMI’s foray into this industry is new, however; in order to develop clientele, CMI should cultivate several segments (namely, the large engineering contractors, consulting engineers, and independent contractors), in addition to a media blitz
Picking the right contractor could mean the difference between an easy and enjoyable experience and an endless sea of pain and suffering. Regardless of the size of the project, most people would narrow down the requirements of a good contractor to three general categories: cost, quality, ability to meet agreed upon time-frames. For businesses, the only additional requirement is communication. As it pains me to say, John Doe Construction failed to meet the basic expectations above, it also managed to cost us significant amount of money due to delays. The names of the guilty have been changed to protect the innocent.
2. There are many ways to differentiate the product or service and many buyers perceive these differences as having value
Product differentiation: differentiate WT HVPS with the mid size market as not only a superior product, but also as a value added product with high level of service and product expertise.
We are going to create some differentiation of our product in order to achieve the aims.
As a MBE, SBE, and DBE firm and an industry leader in the contracting, employment and community awareness compliance arena, the LSC team is intimately aware of the challenges faced by protected class companies as they navigate competing for contracts associated with both public and private sector opportunities. In response to these challenges, LSC has developed and implemented several programs to support certified firms, focusing on the development of business management aptitude, construction skills such as estimating, bidding, negotiations, marketing, human resource and project management skills. Further, we have helped certified firms develop contractor relationships and access Prime contracting and large subcontracting opportunities.