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Implementation, Strategic Controls and Contingency Plans - Essay Example

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Implementation, Strategic Controls, and Contingency Plans Name Institution Implementation, Strategic Controls, and Contingency Plans Wolff Urban Development is a leading private real estate and investment company aiming at acquiring, investing and developing investment projects such as hotels and resorts, sports club, urban real estate, offices and restaurant…
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Implementation, Strategic Controls and Contingency Plans
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Download file to see previous pages As a result, the company’s management aim at enhancing the company’s portfolio assets making it dominant in the real estates and other investments made in United States of America and around the globe (Wolff Urban Development LLC n.d ). In addition, the management intends to formulate strategies by branding the company’s image resulting to positioning of the company in the global market. More than that, the Human Resources of Wolff Urban Development, LLC plays a decisive role in the development of investments decisions and managing the company’s human resource thus, it makes it easier for them to have knowledge on what the company wants. Given that, World Urban Development, LLC has been in business from 1968, it is crucial to carry out a comprehensive analysis of the processes that will make the company be vibrant in the global market. More significantly, it is essential to establish solutions based on the challenges that the company faces both internally and externally while undertake investments decisions whether by acquisition or construction. More considerably, Wolff Urban Development LLC sets plans that are intended to benefit the company in achieving the set goals. More significantly, it is imperative to establish on how the investment are being undertaken thus, it is important to develop the strategic controls and contingency plans that will be used in implementation of the company’s decision (Barney, 2007). Objectives 1. To ensure employees involvement in the successful implementation of the company plans. 2. To make sure that the company’s brand maintains a strong image and market position. 3. To oversee the expansion of the company’s investment within United States of America (USA) and around markets in the world. Wolff Urban Development, LLC, is guided by the strategic and contingency plans that are clearly set to meet the investment projects. The company’s management outlines their objectives that are focused on utilizing the investment opportunities in making it successful in the industry. Wolff Urban Development LLC, is involved in a clearly set devising strategy focused on achievement of its objectives and goals that are set before carrying out the plan. Functional Tactics Wolff Urban Development LLC, uses it reliable network established over the years of existence to achieve its investments decision. It remains essential for the company’s employee to internalize and be more conscious towards the organization’s investment decisions. More significantly, the company invests a large amount of funds in projects that require human resource personnel of the company to utilize the resource allocated in order to ensure that the company attains the highest possible return for the organization as the focus on achieving objectives that the management sets. In addition, Wolff Urban Development LLC, employees are putting the company in a competitive position by setting investment projects that are beneficial to the company. In addition, the experience company’s employees have acquired over the period makes it easier for them to understand the needs of the company (Wolff Urban Development LLC, n.d). More significantly, the employees of the organization develop new policies by bring new ideas and opportunity that are benefici ...Download file to see next pagesRead More
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