Strategic Marketing Plan for a Construction Company

JMSN Construction Pty Ltd is a Civil and Structural building company formed and registered in the AU in the year 2010. The company is committed to provision of quality and excellence and places considerable emphasis on communication skills and participatory approaches. The company holds a philosophy to work in close partnership with the clients and stakeholders by providing support and technical knowledge and ideas with sound practical skills and experience.


Core Competencies


JMSN Construction Pty Ltd has key competencies in Civil and Structural Engineering ranging from conducting project feasibility studies, master planning, budgeting, site survey, mobilization and project construction.  The company is also able to produce design and drawing and offer project management and reporting service in the areas of building constructions, roads, water engineering, bridges and dams.


Mission Statement


To realize development goals by transforming client’s dream into reality by offering sustainable and cost effective solutions with creativity, care and value.


Vision Statement


To grow to be an internationally contractor of choice in the field of Engineering, building and construction


Organization Values


A company driven by ambition, integrity and quality and ambient solutions


Financial Controls


The top management ensures that the various financial controls are in place. Annual financial statements are maintained and audit conducted. Accounting standards and control measures are in place where qualified staff are in position to implement the operating metrics and set policies. Segregation of duties and preparation of various budgets for every project is done to enable reconciliation and enhanced audit trails. The company have also invested in secure financial software that keeps the financial documentation safe only accessible to the authorized personnel.


Marketing Goals


JMSN Construction Pty Ltd attributes its success through well-organized marketing mix coupled with well trained and motivated staffs. Brand promotion and well calculated risk uptake are key contributors to its continued growth. Quality assurance is crucial in ensuring that the right quality is achieved and the company is quick to showcase its previous projects as examples of its many successes to potential clients. The ultimate marketing goals is to achieve a market share and become a worldwide recognized and sought after construction company. 


Strategies for Growth


Competition leads firms to engage in offensive and defensive marketing strategies (Yannopoulus, 2011). Firms more often react to the competitors’ challenges through counterattacking with increased advertising expenditure expenditures, reduced costs, increased creativity and innovation and introducing new competitive products in the market (Karakaya " Yannopolus, 1985).


In this company the top management makes strategic decisions, tactical decisions are made at middle level while the employees are allowed to make quick decisions in their specific tasks and projects. It also raises its leaders from the multicultural background for easy adaptability in new markets as they understand the customers’ demands. Apart from hiring and developing individuals from diverse cultures, the firm also identifies the most talented and skilled people for management positions.


Quality Control


The working approach adopted by the firm ensures that the Directors and Project Engineers personally attend to all matters relating to the projects under their care. All staff work in consultation with one another to ensure no gaps are left unattended. Measurement of project performance is an important part of the modern worlds business (Salapata, 1985). The company, therefore, ensures that every project is treated as unique and effective planning and measurement of performance is conducted in line with the set out quality, cost, time and scope.  M"E is anchored in the continuous and periodic collection and analysis of project data to aid in the collection of facts for learning purposes and decision making. Monitoring is undertaken throughout the project lifecycle.


Professional Team


Technical " Management Team


Position


No. of People


Professional role


Board of Directors


8


Overall firm management


Approval of annual budgets


Strategic planning


Policy development


General Manager


1


Reports to the Board of Directors


Liaison  and consultation with client


Team coordination and logistics


HR manager


1


Overall Human resource development and management


HR. Assistant


1


Human resources assistive roles


Recruitment


2


Conducting interviews and recruitments


Training and Development


2


Capacity Building and training


Talent Development


Office Manager


1


Administration duties


Accounting and Audit


Financial management


Construction Manager


1


Overall responsibility for site assessments and technical outputs


Quality assurance


Review and finalise report


Senior Estimator


1


Conducting budget estimates


Project financial monitoring and evaluation roles


Senior Marketing Executive


1


Drives marketing initiatives


Brand development


Project Engineers


10


Site assessments and design outputs


Undertake field data collection


Project mobilization


Engineering Design production


Construction management


Clerk of Works


12


Project site management


Assessment, supervision and reporting


Sales Supervisor


1


Supervises and guides the sales assistant


Development of marketing materials


Support Staff


Sales Assistants


8


Sales and marketing


Receptionists


2


Administrative duties


Clerical and Administrative assistants


4


Appendices


(I) Organization Structure for JMSN Construction Pty Ltd


Bibliography


Karakaya, F. " Yannopolus, P., 1985. Impact of Market Entrant Characyteristics on Incumbent Reaction to Market Entry. Journal of Strategic Marketing, pp. 87-96.


Salapata, J., 1985. Performance measurement for Projects and Project Management. Project Mangement Journal, 3(16), pp. 29-33.


Yannopoulus, P., 2011. Defensive and Offensive Strategies for Market Success. International Journal of Business and Social Science, pp. 1-12.

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