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Rock Solid Industry Parts Executive Summary

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Executive Summary Rock Solid Industry Parts, Inc. is a family owned company planning to move in a new direction to success. As a company moving towards a new direction employees need to change the way they work which represents the first challenge. After the leader of the company or CEO communicates the vision or goal with solutions to probable risks, employees should be able to apply the strategy accordingly in every department. Introduction/Thesis Rock Solid Industry Parts, Inc. is a small family owned company that is planning to grow from 50 to 100 employees in the next three years. In preparation for this goal the CEO consults the IT director of the options to modernize its IT/IS infrastructure. Also, the leader in this company needs …show more content…

The fifth model element is Style. This model element measures the style of leadership in the company. The Style of the company will define the way top managers interact with their teams. Rock Solid Industrial Parts is a family own business where trust and communication have a strong presence in their business. Most of the times when the opportunity to work in a project comes cooperation is the key for success. Style is an important element of a company which defines the cooperation among its employees. The sixth model element is Staff. The element of Staff helps us to acknowledge the need to fill the positions available in the company. Rock Solid Industrial Parts is planning to grow from 50 employees to 100 employees in the next 3 years covering the west coast and mountain states. With this goal in mind the CEO and the director of the IT department will need to adjust to the growth of the company by making sure that as the number of employees grow managers will fill the available positions. Staff is the factor that will support the growth of the business. In order for the company to sustain a competitive position in the market it will need to fill the management …show more content…

Risks by following your strategy? In every company there are risks to take when there is a change in a different direction. After carefully planning a Strategy, risks are one of the most important steps to consider. Any risk can terminate any project in an early stage. If Rock Solid Industrial Parts implements a transformation in their current system then there are several risks to consider. The first risk is that the sales people are not able to get the contracts from NASA, Lockheed Martin, etc. The way to mitigate this risk is by holding workshops and presentation of products targeted to those customers technology. Another risk to consider is to not be able to sell products due to other company’s low prices. A way to mitigate this challenge is by outsourcing the production and selling the product in large number of pieces. A company will always face risks at every level when trying to achieve a new goal. However, a good strategy will help to foresee those risks and an efficient way to mitigate them. 1. Write a short paragraph to set-up the background for the question. 2. Answer the question in two or so

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