This paper looks at ManTech International Corp. and presents a strategic plan and strategies for competitive advantage.
Written in 2008; 4,935 words; 5 sources; APA; $ 125.95
Paper Summary:
In this article, the writer first notes that the United States is one of the largest spenders of defense related products and services, spending billions of dollars globally each year in efforts to make this world a much better and safer place to live. The writer concentrates attention on ManTech International, that receives a large amount of annual revenue from defense spending and would be directly impacted if it were not allowed to compete fairly for defense-related contracts. The writer notes that ManTech has significant fixed costs and large capital investment needs, therefore cash flow is critical and should be considered in every decision that may impact expenses or require a capital investment. This strategic business plan investigates alternative avenues of potential income for ManTech that would allow the company to become the industry's technology source-expert. The writer concludes that in looking to the future, as new technology immerges, defense spending will likely continue to grow and ManTech should take this opportunity to expedite change to meet the new challenges.
Outline:
Executive Summary
Company Background
Vision Statement
Mission Statement
Values Statement
Environmental Analysis
Strategic Long Term Objectives
Strategic Analysis and Choice
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Plan Goals and Implementation
Critical Success Factors
Controls and Evaluation
Conclusion
From the Paper:
"Consistent, realistic and carefully executed are the three key ingredients that contribute to the success of a strategy. Since opening their doors in 1968, ManTech has consistently delivered innovative technology and technical solutions to the federal government. Today, the company has grown to become one of the government's leading technology providers for mission critical programs. Gathering, analyzing and dispensing information for the purpose of formulating strategic moves is commonly referred to as environmental scanning. Market industries consist of one of three components, the remote environment, the industry environment and the operating environment. Each company or organization belongs to a market industry that includes one of the three components."
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