Author:Mohammad Azim Ulfati
* The entrepreneurial spirit fuels growth in the U.S. economy, discussion about the founder’s vision for the company and how it has been realized over the years.
Ernst
& Young the founder of Mission Essential Personnel LLC are recognized as the
entrepreneurs of the year 2006 for emerging Markets at the regional level and
as national finalists.
Mission
Essential LLC expanded since it’s founding in early 2004 to meet client’s needs
and provide global professional human-capital solutions services to government
and corporate clients.
The
company which is leading provider of linguists, cultural advisers,
intelligence, training and technical supporters with more than 8,300 personnel
in 13 countries across the middle East, Africa, Asia and Europe, recently won
$629 million in 2010(Mission
Essential Personnel & ).The company was a small business company
with handful of employees but when the company expanded to meet the clients needs,
it was authorized bigger contracts and company revenue was $6.7 million in
2005, $185 million in 2009. And in this year of 2009 the company opened a major
office in Chantily VA in order to focus on business development (Mission Essential Personnel &
).
Not only American small business coalition presented the company with its
founders Award for rapid growth and success serving U.S Government personnel
overseas but also Inc.Magazine included this company on its “Inc.500” roll of
the fastest growing companies, at number 8 in the government services category.
* Identify three characteristics of the founder’s vision that could be transferred to similar companies to improve their profitability.
The
characteristics of the founder’s vision in Mission Essential Personnel LLC are
outsourcing, offshoring, near shoring, forming strategic partnership that
brought by marketplace demands and competition, and also being committed to the
highest standard of ethics, transparency and accountability on a global scale
for the military, civilian government, the intelligence community and
development organization.
“There
are companies who have similar goals and want to be similar to Mission
Essential Personnel LLC, but have not been successful to get contracts like the
mentioned company.
In
order to improve and provide the best quality services to the customers along
the road to greater success and make profits, Mission Essential Personnel LLC Company
always looks out for outstanding business partners”. The business partner
whether they are small business, large business companies, or minority
institution, this company values interest in partnering with them for
subcontracting. Each partner that display valuable experience and great
capabilities that enable Mission Essential Personnel Company to target higher
than mandated goals.
References:
(n.d.). Missione
essential personnel. WE DELIVER CERTAINTY, Retrieved from
http://www.missionep.com/
“New Harvest Coffee Roasters
Provide
examples of the four factors of production that New Harvest uses that
contribute to a successful operation.
There
are four main factors of production that an economic system needs for a
successful operations and they are natural resources, capital, human resources
and entrepreneurship. I believe that Kleinfeldt has considered all these four
factors in the new harvest coffee roaster business as follows.
Natural resource:
In
order to keep consumers happy and satisfied about the place and always have the
best taste of coffee drinks, the company locally grows, produces foods, roast
and harvest coffee beans and as well as connect and have farmers know that the
company depends on them for a livelihood which is sustainable. (Organically grown coffee)
Capital:
The
company improves its products and applies the highest standards of excellence,
purchases the best technology for roasting, organic and fresh delivery of
coffee. In order to accomplish this mission the company also uses the media as
a tool. (Social media)
Human resources:
The
company provides the best customer service through well -trained workers and
enthusiastically satisfies customers all the time. They share and communicate
activities comments and news with consumers, retailers and coffee shops via
positive media. They also have the growers to help provide the best natural
products. (Growers, farmers)
Entrepreneurship:
The
company takes risk in order to be recognized profitable and successful, therefore
they find a good demanding market, invest and develop coffee business (New Harvest Coffee Roasters). and at the same time consider to do business through
corporation of social responsibilities. ( New
Harvest Coffee Roasters).
*From
Case Study 1.3, critique how environmental sustainability aligns with the
social and ethical responsibilities of New Harvest Coffee Roasters and how the
company can demonstrate its commitment.
As
commitment to great governance, decision making, ethical conduct and social
responsibilities are the fundamentals and core for doing a business therefore
the company seems committed to all of them. To be committed to all those, the
company strongly aligns to develop and increase share holders value, attract
and retain partners, keep loyal customers, strengthen the supply chain of
command via production of social, environmental and economic benefits to the
community in which they operate.
No comments:
Post a Comment