Areas of Strategic Plan: Huffman Trucking Essay

inceptionThe origin continuity plan outlines the processes required to ensure the continuance of business during and after a disaster. The supposition is not just to be able to continue business uninterrupted. But to also reestablish the profuse functions of the business as quickly as possible.Huffman Trucking Strategic OutlineHuffman Stakeholders Everyone affected by the activities of its business. principal(prenominal) Stakeholders shareholders, management, employees, customers, auto parts suppliers, major manufacturers of plastic goods, banks, regime, and trade unions, Other Stakeholders pressure groups, highway drivers, and communities in which Huffman travels and operates their terminals. missionary station Statement Since 1936 Huffmans professional drivers gravel been delivering more than just on-time freight. Huffman delivers top quality service, safely and expeditiously every mile of the way, to the community of the United States of America. Vision Statement Huffman e nvisions being the first choice of gilds of America when they look for transfer of training of freight. In three years Huffman will be the cast one freight carrier of the United States government. Proving longevity and efficiency will always be in high demand.OutlineA. Financial1. Financial Assumptions Revenue and Expensesa. Operation costb. Updating hardware and bundlec. Find a cost saving method to duplicate records for fleet maintenance and enterprise transportation systems.B. Managerial1. Develop a business plan to define and meet organizations goals. Create a misadventure plan that can be taken in case of emergency or disaster (Myers, 2005). 2. project for cost savings for contingency plan (Myers,2005).C. Economic1. Analyze the potential costs and value the judge benefits of a proposed programmer, policy or regulatory initiative, and reflect trade-offs inherent in alternatives (Health & Environment, 2011, par. 1).D. Marketing1. Advertisement of business products and serv ices2. Make sure data is accurate and notify customers about plan 3. Make bargain and arrangement for customers to receive deliveries on time.4. Work to build and maintain effective communication with employees and customers.E. Technological1. education technology-based2. Research and development3. Emerge technology4. InternetF. Competition1. Globalizationa. Canadab. Mexico2. Research and developmenta. info collectionG. Political/Legal1. Government. Political variables include policies regarding competition and taxation (FitzRoy & Hulbert, 2005).a. Employment lawb. government spendingc. regulation of financial marketsH. Ethics1. Huffman should follow widely accepted ethical practices regarding the acquisition of contender intelligence (Hitt, Ireland, & Hoskisson, 2009).a. Gathering publicly available information1. court records2. advertisements3. annual reports (Hitt, Ireland, & Hoskisson, 2009).4. trade fairs and showsa. competitor brochuresb. bear in mind to competitor discus sionsI. Crisis management1. Backup plan.a. computer fallback planb. pr casingion programc. incident convalescence planConclusionWith all of the natural disasters, power outages, and terror attacks and a hundred other types of disasters, businesses have to plan for continuance of their business. The Business continuity plan is usually drafted considering the worst case scenario. For example the IT subdivision may maintain all the electronic data at various locations, so in the event of a company shutdown, the critical functions can still be performed. Business continuity has become a growing concern in business.ReferencesAllen, S. (2011). How to Do Business with the U.S. Government. Retrieved December 15, 2011From http//entrepreneurs.about.com/cs/marketing/ht/government_biz.htm FitzRoy P., & Hulbert, J. (2005). Strategic oversight Creating Value in Turbulent Times.Hoboken, NJ rump Wiley & Sons.Health & Environment Linkages Initiative. (2011). Economic Assessment. Retrieved Decemb er18, 2011, from http//www.who.int/heli/political economy/en/Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2009). Strategic Management CompetitivenessAnd Globalization, Concepts and Cases (8th ed.). Mason, OH South-Western Cengage Learning. Myers, K. N., (2006). Business Continuity Strategies Protecting Against Unplanned Disasters(3rd ed.). Hoboken, NJ John Wiley & Sons.