...DynCorp Strengths, Weaknesses, Opportunities and Threats Analysis Christopher A. Mustard Columbia Southern University MBA5101 DynCorp Strengths, Weaknesses, Opportunities and Threats Analysis DynCorp International Inc. is a global services provider supporting national security and foreign policy objectives around the world. It started out as an aviation maintenance business but now offers flight operations support and training, international development, intelligence training and support, contingency operations, security, and ground vehicle operations and maintenance support to foreign governments and commercial industries all over the world. DynCorp believes that because of its wide-ranging capabilities and ability to develop services to suit its customers, that it has unlimited potential to develop and energize its business prospects (DynCorp Investor Relations Code of Ethics and Business conduct, 2012). The majority of its annual earnings comes from the United States Federal Government (Atoro, 2014). DynCorp is committed to practicing honest, ethical business in accordance with best practices and all applicable laws of those nations in which they operate. They strive to practice the highest standards of integrity when dealing with customers and employees (Chuter, 2014). DynCorp strives to foster a work environment where employees are encouraged to ask questions, raise concerns or report violations where it is appropriate without fear of retaliation. This is driven...
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...small-business line of business (LOB); determining which government procurement opportunity is aligned with the LOB using the Federal Business Opportunities Website; the firm’s current strategies and assessing the strategic success using financial figures or “soft” indicators as the background; providing a SWOT analysis to determine the internal and external factors in servicing the federal government and utilizing a gap analysis in satisfying the expected requirements; and creating an action plan to fulfill the expected requirements based on the gap analysis. According to ("SBA", 2013) the U.S. government is the world's largest buyer of products and services. Purchases by military and civilian installations amount to nearly $200 billion a year, and include everything from complex space vehicles to janitorial services and cancer research. In short, the government buys just about every category of commodity and service available. By law, federal agencies are required to establish contracting goals, such that 23% of all government buys are intended to go to small businesses. In addition, contract goals are established for women-owned businesses, small disadvantaged businesses, firms located in HUBZones and service disabled veteran-owned businesses. 1. What is the small-business line of business? Wright Telecommunications is a woman owned small-business seeking an opportunity to do business with the federal government. The lines of business for Wright Telecommunications...
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...Strategic Plan for Business Growth Morgan Cameron MGT450 Uchenna Nwabueze 12/21/2015 In order for any organization to have the opportunity for growth, a strong strategic business plan must be put into place. There are certain things that one must understand thoroughly in order to put a strategic plan together that will ultimately be effective. Some of these key factors that must be understood is the current position in the market, how to put together a SWOT analysis which identifies the strengths, weaknesses, opportunities, and threats of the organization, and finally a method to measure the success of the strategic plan needs to be put into place. This essay will address each of those issues in order to put together a strategic plan for growth of the defense contractor known as Northrop Grumman. Northrop Incorporated was founded in 1939 by John K. Northrop, and within its first year of business they produced their first aircraft, the N-3PB patrol bomber for the Norwegian air force. Over the years the company would produce multiple state of the art military aircraft. In 1989 they designed, developed, and produced the world famous B-2 stealth bomber, which they received a honor from the United States Air Force for in 1991. In 1994 Northrop Incorporated purchased the Grumman Corporation and officially changed their name to Northrop Grumman. Just earlier this year Northrop Grumman won the contract to build Americas next stealth bomber, the B-3 bomber (northropgrumman.com...
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... By: Krystal Newton July 8, 2014 Introduction As a graduate business student, I am learning and practicing on becoming an effective manager. According to Daft Chapter 8, much skills and analysis will help managers become successful. Chapter 8 focuses on SWOT Analysis. The purpose in applying a SWOT diagram as a planning tool to assist in organizational performance (Daft, 201420). A SWOT analysis is beneficial in helping an organization identify the strengths, weaknesses, opportunities and threats during the planning process of creating new goals within the organization. Strengths are positive internal characteristics that can help an organization achieve its strategic performance goal. Weaknesses are internal characteristics that may restrict an organization to achieve the goal (Daft, 201420). While planning all these factors, it will help an organization consider all areas needed and successfully achieve goals. When creating SWOT analysis a company opens up opportunity to learn more about what is beneficial and what is not to the organization. Problem Currently I am employed with Freedom Landing, a non-profit rehabilitation day program and residential service. We have been serving the mental health community for 30 years. We are known for or family like environment. We practice and believe in assisting each person’s developing and enhancing the skills needed for living in today’s society. Freedom Landing believes that all people are valued for and receive services that...
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...Exam 3 1. According to Carl Stenberg, what are the major types of federal grants and what are the distinctions between them? How have block grants in particular evolved over time? What are the major concerns that state, local, and federal officials have regarding block grants? According to Carl Stenberg, there are two types of federal grants: categorical aid, which is specified for a specific use or program; and block grants, which are less specific and are designed to reduce the federal burden or responsibilities on certain programs. Block grants are used as a tool for redistributing power and accountably by using devolution and decentralization of authority (Conlan and Posner, 2008, 264). Sternberg has divided block grants into three distinct approaches: full devolution, partial devolution, and intergovernmental decentralization. Full devolution is the total removal and redistribution of federal policy, funding, regulatory, and administrative responsibilities (Conlan and Posner, 2008, 264). In the 1990s, this was referred to as “devolution revolution” and consisted of rhetoric proposing to push more power away from the federal government and down to the state and local levels. Full devolution was not popular and was only successful a few times, using legislative, executive, and administrative devolution to shift functional responsibilities from the federal level to state governments, for example, the regulation of marine port pilots, insurance, interstate horse racing, shipping...
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...the public has influenced reporting for not-for-profit and governmental entities. State and federal regulators are reviewing, audit reports of agencies like ours that receive federal grants and loan monies. Their purpose is to “ensure that independent audit firms are in compliance with Generally Accepted Audit Standards (GAAS) and recently added requirements under Generally Accepted Government Auditing Standards (GAGAS) or yellow book standards”. The reporting requirements that the auditor's require to be able to prepare a statement of understanding of internal control structure is of particular interest. Because we are a not-for-profit company, the auditors have to report what certain members have the clearance to report cash donations and make deposits directly to the companies bank account. The auditors also need to evaluate the internal controls we have in place to prevent theft, and report the strengths and weaknesses of our system. As a result, we need to provide the auditors with access to our computer transactions for all finance members. Your cooperation is greatly appreciated in this matter and being in compliance will the auditors will help protect our interest in continuing to receive federal monies as part of our operating budget. Sincerely, References: Williams , J L (Summer 1992 . New audit standards for audits of entities receiving federal financial help . Outlook , 60 , n2 ..51 (1 . Retrieved August 5, 2012 General One via Gale : HYPERLINK...
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...STRENGTHS • Veteran Staffing • Teamwork Based • Patriotic Spirit • Nationwide Facilities WEAKNESSES • Time Constraints • Excessive Workload • Position Attrition • Economic Budget Constraints OPPORTUNITIES • Benefits Packages • Upward Promotion Mobility • Veteran Outreach Satisfaction THREATS • Privatization • Non Bipartisan Government • Veteran Mortality Rates Working at the Department of Veterans Regional office in St. Petersburg, Florida is a challenging and rewarding career position. This is the third component of the Federal government that I have been employed by and it is by far the most rewarding position I have held. As a disabled veteran, I am already appreciative of the dedication of the employees that helped me with my medical issues when I was going through my examinations and rehabilitation and some twelve years later I was able to join the ranks myself. What is most amazing about working at the Department of Veterans Affairs is that everyone that crosses our paths each day is a brother or sister of our military family. By conducting a SWOT analysis of my position at the Department of Veterans Affairs, I can give a better understanding of the Strengths, Weaknesses, Opportunities and Threats to myself and those outside of my environment which gives an opinion of the employment. The Strengths of being an employee of the Department of Veterans Affairs are that” nearly about 57 percent...
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...is an acronym for "political, economic, social, technological, legal and environmental." The purpose of a PESTLE analysis is to identify all of the various external political, economic, social, technological, legal and environmental factors that might affect a business. Managers then assess the risks that the identified factors pose and use that knowledge to inform decisions. SWOT is an acronym for "strengths, weaknesses, opportunities and threats." The goal of a SWOT analysis is to create lists of all of the internal and external strengths, weaknesses, opportunities and threats to inform strategic planning decisions. SWOT is meant to help businesses double down on strengths, eliminate weaknesses, pursue opportunities and avoid or prepare for threats.” (Hamel) Environmental Scan Indicating the Most Significant Environmental Threats An environmental scan was completed for the software and IT Service Company in the Washington, DC area. Politics plays a big role in the private business sector. Companies in the Washington, DC area focus on getting certified and applying for government contracts, as well as business in the private sector. Unemployment is 5.2% (Local Area Unemployment Statistics) in the Washington, DC area. Technology companies in this environment are amongst the top performers in the country. The Washington DC area...
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...is kept under control. Both policies have their strengths and weaknesses, some situations favoring use of both policies, but most of the time, only one is necessary. Fiscal Policy can be explained in many ways, for example. Fiscal policy is the use of the government budget to affect an economy. When the government decides on the taxes that it collects, the transfer payments it gives out, or the goods and services that it purchases, it is engaging in fiscal policy. The primary economic impact of any change in the government budget is felt by particular groups make tax cut for families with children, for example, raises the disposable income of such families. Discussions of fiscal policy, however, usually focus on the effect of changes in the government budget on the overall economy on such macroeconomic variables as GNP and unemployment and inflation. Fiscal Policy also can be explained as the economic term which describes the behavior of governments in raising money to fund current spending and investment for collective social purposes and for transfer payments to citizens and residents of the territory for which the government is responsible. The money may be raised by taxation, by borrowing, by user charges on social assets or services, or by fiat. Fiscal policy can include deficit spending to stimulate demand for domestic goods and services to help unemployment or make efforts to cut deficits or raise the budget surplus to fight inflation. There are many different...
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...organization designed to deliver public services, this organization operates in an environment that is subject to frequent change due to situational variables defined by government policy and often, fiscal restraints due to reductions in public spending by government. Such change requires planning; therefore, this review will generally discuss the use of defined strategic planning processes within the organizational structure of the Canadian Forces Military Police. More specifically, this review will discuss various processes for defining operational mandates, defining strategic requirements to manage change, developing tactical implementation plans and strategies for implementing and monitoring the implementation of planned systems of change. Implementing Strategic Management Processes to Manage Change within the Canadian Forces Military Police The Canadian Forces Military Police (CFMP) is a component division of the Department of National Defence and is responsible for providing “professional police, security and operational support services” (CFPM) to the Canadian Forces worldwide. As a vital component of government, mandated to defend the nation of Canada, the CFMP contribute to the delivery of a public service as mandated by Canadian Law. As such, the CFMP is a vital public institution of the Federal Government of Canada and serves to maintain discipline and enforce the rule of law (Report of the Somalia Commission of Inquiry, 1997) within the Canadian Forces. Members...
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...12345) Mid-Term Exam – Review Questions 1) All of these are pitfalls an organization should avoid in strategic planning EXCEPT (Ch. 1) Some pitfalls to watch for and avoid in strategic planning are these: Using strategic planning to gain control over decisions and resources Doing strategic planning only to satisfy accreditation or regulatory requeriments Too hastily moving from mission development to strategy formulation Failing to communicate the plan to employees, who continue working in the dark Top managers making many intuitive decisions that conflict with the formal plan Top managers not actively supporting the strategic-planning process Failing to use plans as a standard for measuring performance Delegating planning to a “planner” rather than involving all managers Failing to involve key employees in all phases of planning Failing to create a collaborative climate supportive of change Viewing planning as unnecessary or unimportant Becoming so engrossed in current problems that insufficient or no planning is done Being so formal in planning that flexibility and creativity are stifled 2) The strategic-management process represents a(n) logical , systematic , and objective approach for determining an enterprise's future direction. 3) Strategic Management is used to refer to strategic formulation, implementation and evaluation, with strategic planing referring only to strategic formulation. 4) Which statement best describes intuition...
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...collect during the situation analysis. 2. Use this information to better understand a firm's strengths and weaknesses, and to recognize the opportunities and threats that exist in the marketing environment. 3. Develop goals and objectives that capitalize on strengths. 4. Develop a marketing strategy that creates competitive advantages. 5. Outline a plan for implementing the marketing strategy. These worksheets are available in electronic format on our text's website at www.cengagebrain.com. By downloading these worksheets, you will be able to change the outline or add additional information that is relevant to your situation. Remember that there is no one best way to organize a marketing plan. We designed our outline to serve as a starting point and to be flexible enough to accommodate the unique characteristics of your situation. As you complete the worksheets, it might be useful to refer back to the text of the chapters. In completing the situation analysis section, be sure to be as comprehensive as possible. The viability of your SWOT analysis depends on how well you have identified all of the relevant environmental issues. Likewise, as you complete the SWOT analysis, you should be honest about the firm's characteristics. Do not depend on strengths that the firm really does not possess. Honesty is also important for your listing of weaknesses. I. Executive Summary The executive summary is a synopsis of the overall marketing...
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...final project will address the following areas: The personal financial budget ( Where is the money) List some very clear financial goals for yourself (… they should be S.M.A.R.T.) Create a personal budget (spreadsheet) Pay your self first Set an amount for your emergency savings Set an amount for your savings Set an amount to invest monthly Now set up your lifestyle Determine if you have access to a company 401K account. If so how will you leverage this opportunity? List all of your debt, pending debt… create a plan to pay this off Discuss your plan with all family members, partners who share in your finances Define for yourself the DOW, bonds, mutual funds, certificates of deposit… With regard to a mutual fund; what is a prospectus? The time management budget ( Rule of 168) Create a time management budget. Are you making the best use of your time? How might you make adjustments which will have a positive impact on your goals? Upon graduation how might you leverage the time that you gain back The 4 Quadrant principle ( Physical, Social, Spiritual, Financial) Define each component of the 4 quad model Define the persons in your professional and social network and explain how each of these persons will play a role in helping you reach your goals How public policy affects the economy How do federal and state governments raise money? (…chart showing percentages) What do you feel are the...
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...M-X251 Marketing Plan In this paper, Team A will represent the top marketing team for the corporation General Dynamics. They will present a brief overview of General Dynamics, and describe a new product that the company will be selling in the near future. Additionally, Team A will describe the role marketing has played in the success of General Dynamics. After which, the team will present a SWOTT (strengths, weaknesses, opportunities, threats, and trends) analysis on the new product that General Dynamics hopes to sell. In order to properly market this product, research will have to be done in order to develop a marketing strategy for this new product. Team A will explain that research approach as part of this first phase in marketing General Dynamic’s new product. General Dynamics General Dynamics Corporation is a company that has historically built its business on military defense contracts. Tracing their roots back to 1896 building military submarines, they are now the fourth largest defense contractor in the world (Defense Systems Staff, 2011). Headquartered in West Falls Church, Virginia, General Dynamics is a publicly owned corporation currently traded at the NYSE under the ticker symbol GD. Recently developed high profile military products include the Aegis Combat System, advanced submarine technologies, and military grade security for smart phones and tablets (General Dynamics Corporation, 2012). According to their Annual Report filed in 2011,...
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...organization representing various sectors of the Washington Metropolitan Region and was formed when the Federal Housing Finance Agency (FHFA) was given control over Fannie Mae and Freddie Mac’s finances. Fannie Mae and Freddie Mac’s financial restructuring put $47 million in regional grants to 400 nonprofits in jeopardy. The loss of these funds would have meant budget shortfalls and reduced gifting in the entire region. Prior to FDR's New Deal, social welfare was a private enterprise taken on by one's local community. Although, the federal government has been a welcomed partner in providing help to address serious social and economic problems, this partnership has had cyclical reliability. Between 1965 and 1980 annual government social welfare spending was 8.2 percent. However, during the Reagan administration enacted tax cuts and a growing deficit caused federal spending to decrease to 1.5 percent of annual government spending for the 1980-1990 decade. From 1990-2009...
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