Davis Construction Company, Inc. The goals of the new tunnel were to provide a direct connection to Watson Island, reduce downtown congestion and increase competitiveness of the Port of Miami. The Port of Miami Tunnel project consists of two tunnels, each containing two traffic lanes, connecting Watson Island with the Port of Miami, beneath Government Cut, the main shipping channel in Biscayne Bay. The geology at the site included strata of loose sand and limestone that presented significant design challenges.
The vision statement directs the development of the business toward a desired future condition.
Also in this case, the corporate mission is strongly aligned with the vision statement. This alignment is essential to optimize strategic decision making, especially in addressing competition with firms like AppleGoogleand IBM.
The corporate mission directly reflects the corporate vision of the computer hardware and software business. This matching enables the company in developing and applying strategies and tactics to motivate workers to achieve more, in support of business growth. For example, such empowerment can take the form of speedy data processing in offices and enhanced information access in homes.
However, the corporate mission statement puts more emphasis on the practical benefit of achieving more. Instead of selling software products to individual customers only, the company also sells its products to organizations.
For example, the company aims to provide products that assist customers toward the achievement of their full potential, which is specified in the third component of the corporate vision. However, the corporate mission does not clearly define the business in terms of its nature or what it does.
Ideally, mission statements must provide a general idea about the nature of the business and about what the organization wants to achieve. For example, in terms of growing its computer technology and software business, the corporation can specify rapid innovation in computing networks and related products.
Ideally, vision statements must include details on a desired future situation of the organization. Thus, it is recommended that the company revise its vision statement to include information about where the business is heading.
Interface between corporate vision, mission and production and operations management. Leveraging organizational performance through effective mission statement. Stakeholder Analysis and Revising the Mission Statement.
Does company size affect mission statement content? Academy of Strategic Management Journal, 13 1 Build a Better Vision Statement: Extending Research with Practical Advice. Measuring motive imagery contained in the vision statement.
Microsoft Corporation — Form K. From product features to corporate mission. An empirical examination of the influence of corporate vision on internationalization. Copyright by Panmore Institute - All rights reserved.
Educators, Researchers, and Students:Port of Miami Tunnel Case Study. There are approximately 16, vehicles that travel to or. from the Port of Miami every single day of the week. The previous routes were full of safety hazards and restricted the port’s ability to grow.
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Target Corporation has just announced that it would file for Chapter 11 bankruptcy protection, marking the end.
Target Canada Co. was the Canadian subsidiary of the Target Corporation, the second-largest discount retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary was formed with the acquisition of Zellers locations from the Hudson's Bay Company in January Target Canada opened its first store in March , and was operating locations by January Free team building games, exercises, business games and activities for team building, training, motivation, kids activities and children's party games.
Free team building games for conferences, warm-ups, ice-breakers and training sessions. Free online resources for work and life from lausannecongress2018.com Access to case studies expires six months after purchase date.
Publication Date: November 17, This case puts students in the role of Target Corporation's CFO as he considers the pros and cons.