Question 5
Energy Pro as a company must be able to understand their current position, they look at their key stratergic issues, their opportunities and threats across the the corporate platform. Energy Pro should look at what is currently happening and imagine what may happen in the future. This will provide a picture of its competitive pressures on their business that they will need to deal with.
Energy Pro's stratergy regarding recruitment must be a developed stratergy, incluiding implementation steps, and the performance measures, and perform an annual evaluation of the strategy and its effectiveness. Energy Pro must enhance relationships and cooperation between local government, economic development and the legislature, Energy Pro should also integrate economic development programs, incluiding work force training, technology transfer and export assistance.
Energy Pro must conduct a review of its funding and process structure for business recruitment activities and provide criteria for the distribution of those funds that responds to the recipients perfomance, collaboration and regional focus. They should highlight the business cases for underscoring the need for and the importance of the regional collaboration in the businesses recruitment efforts.
Energy Pro should work on developing achievable, workable performance measure that are proven to boost and sustain performance, this will be achieved in an environment where the staff and management are equipped for success, with drivers built into both stratergic plans and personal performance targets.
Implementing the change will be a challenging process for Energy Pro that will require Energy Pro to adapt and handle the sensitivity with the aim of maintaining normal business operations during period of change. Energy Pro must do what is best or the company amd to never let the employees know that they are measured as some of them would feel offended. The company must measure the business towards reaching the goal of their goal as a company, they should also see if they are making money.
Teamwork must also lead towards the departmental goals of the company, and try to find out who the social loafers are and try to evaluate them individually and on a regular basis. Identify the external forces that will cause your market to grow and those that will cause your market to shrink. Once Energy Pro has identified what is likely to change the total market size then they will be able to build a strategy that takes advantage of these. Energy Pro must look at the organisation’s strenghts and weakness, the opportunities and threats they havef as a company and the threats they are facing as a company. They must work on how the maximise the advantages arising from their strengths, and minimise the effects of the weaknesses.
The company’s avoided-cost model that must take into consideration and the expected cost of providing new electricity at a particular point. It must be based on the expected unit cost of the next new coal-fired power plant that will come on stream in the system, and may also include the cost of transmission, distribution and losses up to that point.
