2018-2022 strategic plan for Hexamindz Corporation / (Record no. 809)

MARC details
000 -LEADER
fixed length control field 04692nam a22002413a 4500
001 - CONTROL NUMBER
control field UPMIN-00012047226
003 - CONTROL NUMBER IDENTIFIER
control field UPMIN
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20230527155141.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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040 ## - CATALOGING SOURCE
Transcribing agency UPMin
090 #0 - LOCALLY ASSIGNED LC-TYPE CALL NUMBER (OCLC); LOCAL CALL NUMBER (RLIN)
Classification number (OCLC) (R) ; Classification number, CALL (RLIN) (NR) LG 993.2 2018 M21
Local cutter number (OCLC) ; Book number/undivided call number, CALL (RLIN) C36
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Canonio, Conrad Paul A.,
Relator term author
9 (RLIN) 11081
245 ## - TITLE STATEMENT
Title 2018-2022 strategic plan for Hexamindz Corporation /
Statement of responsibility, etc. Conrad Paul A. Canonio; Larry N. Digal, adviser
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2018
300 ## - PHYSICAL DESCRIPTION
Extent 94 leaves
500 ## - GENERAL NOTE
General note Thesis (Master in Management) -- University of the Philippines Mindanao, April 2018
520 ## - SUMMARY, ETC.
Summary, etc. Hexamindz Corporation is a construction company based in Davao City, Philippines. The company started in 2008 and with a rapid, steady progress, it enhanced its operational capabilities by becoming an ISO 9001:2015 certified firm. Moreover, the company just recently upgraded its license classification becoming a Triple-A licensed contractors granted by the Philippine contractors Accreditation Board (PCAB). In spite of this admirable feat, the company is still faced with several issues affecting their overall performance. These issues are the untimely completion of projects, outdated organizational structure, weak performance evaluation and high financial liquidity. The controllable cause of failure to complete projects on time is the high incidence of construction equipment breakdown deployed on project sites. The outdated organizational structure caused overlapping of roles and functions affecting the flow of decision within the organization. The company?s weak performance evaluation to date is more focused on assessing the behavioral response of employees towards their assigned roles. Lastly, the high financial liquidity of the company creates unwanted risk brought about excess funds not utilized in other revenue generating initiatives. The proponent obtained data through distribution of functional surveys, one-on-one interview, browsing office records and getting relevant sources of information from the internet. The conceptual framework adapted in the strategic planning process of the company is taken from Fred David?s Strategic Management Model (2011). This framework consists of a three-phase approach namely strategy formulation, implementation and evaluation. In strategy formulation, the company?s corporate objectives are assessed and then linked in to the internal and external factors surrounding the company. There are various tools utilized in this phase which are the External Factor Evaluation (EFE) for assessing the external factors. Poster?s Five-Forces for understanding the competitive situation in the industry, and Internal Factor Evaluation (IFE) on analyzing the internal strengths and weaknesses of the company. The formulation of strategies is based on addressing the findings from the EFE and IFE through the use of Quantitative Strategic Planning Matrix (QSPM) tool. Lastly, the implementing strategy will be evaluated within a specific timeline as to monitor the progress along and its impact to the company?s corporate objectives. The best strategy to address the above-sited issues of the company is backward integration having corresponding activities of acquiring additional heavy equipment units and accrediting more construction materials suppliers. The acquisition of additional equipment will increase operation capacity that will minimize, if not prevent, delays in construction progress. The accreditation of more suppliers will eliminate risk of construction supply stock-outs that will hamper operations. These activities lead to address potential delays in projects completion as well as improve utilization of financial funds. However, the effectivity of these will not be attained without the modification of existing organizational structure and revision of key performance evaluation process as a way to improve the business is to make it efficient and to have measurable sets of performance indicators. The implementation of strategy is seen to improve the company?s edge over competitors as it may improve the organization structure, project completion timeliness and efficiency that will strengthen its acquisition of more infrastructure projects in the promising years of the industry. Moreover, the strategy effectively takes advantage of the low interest rates of banks to support the investment mentality of management. Lastly, the strategy may promote trust and confidence to clients that will put the company in a position as the preferred construction firm in the country.
658 ## - INDEX TERM--CURRICULUM OBJECTIVE
Main curriculum objective Strategic Planning
Curriculum code M241
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Digal, Larry N.,
Relator term adviser
9 (RLIN) 307
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN)
a Fi
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN)
a UP
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Thesis
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Status Collection Home library Current library Shelving location Date acquired Accession Number Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
    Library of Congress Classification   Not For Loan Preservation Copy University Library University Library Archives and Records 2022-09-22 UAR-T-gd2875   LG 993.2 2018 M21 C36 3UPML00037866 2022-09-22 2022-09-22 Thesis
 
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