Stop investing new costs into old contracts

Assignment Help Operation Management
Reference no: EM132122700

In the case of Aviation System Engineering Company (ASEC) matrix things broke down a little differently than they would have for a company that is selling a physical product. ASEC works in the realm of systems development and testing. As such they don’t build the airplane, or the systems being using to accomplish its goals. They do however help develop and test those systems. “We specialize in development, test, acquisition, and delivery support for military and civilian aviation communities” (ASEC, 2018). For the grand strategy matrix the break down took a different shape.

I. Stay the same size, look to reduce costs, stop investing new costs into old contracts, and stop supporting platforms with no future.

II. Expanding into new unrelated markets to current work and take on the role a prime contract holder.

III. Take some Prime contact opportunities and develop alliances, add more contracts related to current skill sets, expand into new geographic markets.

IV. Look internally and concentrate growth with current skills and on current markets and products, determine paths to innovation with current skills.

i. Prime contract is the lead company working directly with the government, with sub-contracted companies falling under the prime. ASECs best path forward based on the matrix is quadrant III.

If ASEC is able to capitalize on new prime contract opportunities, while maintaining good sub-contract relationships with larger companies such as Boeing and Raytheon they stand to continue growing into a larger company. While there is risk in losing small business benefits there is more money to be made in growing into a prime contractor. Developing new alliances will provide the opportunity for ASEC to establish themselves into new growing markets and create a stronger foothold on markets they are currently involved in; it will also help meet the third point of quadrant III expanding into new markets.

Reference no: EM132122700

Questions Cloud

Bottom layer of the tower : How many different sets of 5 blocks can he choose for the bottom layer of the tower?
Represent a probability distribution function : The table above summarizes the results of this experiment. This represents a probability distribution function.
The terms quality of design and quality of conformance : Define the terms quality of design and quality of conformance.
How many different ice cream treats are possible for wanda : She will choose one flavor of ice cream, one topping, and one type of cone/bowl. How many different ice cream treats are possible for Wanda?
Stop investing new costs into old contracts : Stay the same size, look to reduce costs, stop investing new costs into old contracts, and stop supporting platforms with no future.
What is the probability that the proportion : 41% of the doctors in America are dentists. If a random sample of size 826 is selected, what is the probability that the proportion of doctors
Random variable that records the number of arrivals : Arrival of vehicles at New Jersey Turnpike toll booth on Saturdays at dawn is modeled as a Poisson Arrival process with a rate of 1.21 vehicles per minute.
Explain the likely impact of president trump : Using appropriate diagrams, explain the likely impact of President Trump's proposed protectionist policies on macroeconomic equilibrium in Australia
Demonstrate critical thinking by analyzing and evaluating : Demonstrate critical thinking by analyzing, evaluating, and interpreting appropriate policies to provide an original perspective to enhance corporate legal

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd