Fortune 500 Company name
J.B. Hunt Transport Services, Inc.
The company’s internal and external stakeholders
Company’s mission and vision
Company’s mission
The mission of the company is to “forge long-term partnerships with key customers that include supply chain management as an integral part of their strategy. Working in concert, the company drives out cost and function as an extension of their enterprise” (JB Hunt Transport Services, 2015, par. 3).
Company’s vision
The vision of the company is to “provide customized freight movement, revenue equipment, labor, and systems services that are tailored to meet individual customers’ requirements and typically involve long-term contracts” (JB Hunt Transport Services, 2015, par. 4).
Company goals
Company goal that can be accomplished through a strategic plan
To increase the scope of operations through strategic and innovative ideas of transport service delivery to customers (JB Hunt Transport Services, 2015).
Company goal that can be accomplished through an operational plan
To provide efficient, cost-effective, and comprehensive transport logistics services to customers (JB Hunt Transport Services, 2015).
SWOT analysis
Strategic and Operational Plan
Effects of planning decisions on the internal and external stakeholders
The key part of the success puzzle for the operation plan for the company operates on the efficiency of the soft skills involving a timeless vision of organizational principles, defining the value of the business, determining requirements, and clarifying the vision. There is a need to incorporate a quality operations management system to guarantee the interests of the stakeholders (Robbins & Coulter, 2012). Moreover, balancing act between having to perform optimally at minimal operation and overhead costs is a component of quality in system modeling that must be remodeled to guarantee optimal returns for the stakeholders’ equity.
How the plan will achieve the related goals
The success of the proposed plan will be dependent on soft artful skills, which are part and parcel of the current system of management aimed at providing efficient, cost-effective, and comprehensive transport logistics services to customers. For the implementation of the strategy, the management is to balance both the short term and long term considerations towards decision making to ensure that the goal of increasing the scope of operations through strategic and innovative ideas of transport service delivery to customers is achieved at the optimal operational and strategic model.
References
Robbins, S.P., & Coulter, M. (2012). Management (11th ed.). Upper Saddle River, NJ: Prentice Hall.
JB Hunt Transport Services. (2015). About us. Web.