Learning Team Reflection
In this week assignment Team A will discuss how we plan to help Clapton Commercial Construction expand their operation from a single location to multiple. Clapton Commercial Construction will expand to Arizona while currently operating solely in Detroit, MI. Employing 650 employees the Clapton Commercial Construction falls into the medium size business with a plan to add 20 percent workforce in the new state. Our team will work to address employment laws to ensure Human Resources are running compliance.
Generally the principles and strategies to operate any size business will be fairly similar. The differences will depend on the type of business. A medium sized company is considered as a company with less than 500 employees. Medium sized companies are fairly successful. It is said that their size can enable them to do things better. For example their relatively larger size compared with small companies provides them with deeper pockets for dealing with difficulties, funding innovation and hiring key talent. And their smaller size compared with larger companies makes them more agile, puts them in closer contact with customers and enables them to retain a bit of that entrepreneurial spirit (Sniderman2012). There are several principles that can be used to apply to our business and others businesses. The first principle used to operate our medium sized business is known as the follow up and follow through principle. This principle is ideal for any sized business to use. In business, this means that, when you get an opportunity, you exploit it to the fullest extent possible. If you have a great promotional idea or product or service, you sell all you can. You take advantage of your idea or breakthrough and use every opportunity to capitalize on it. Another way to apply this principle is when dealing with coworkers as well. The