Gold Coast Property Portfolio Management
Gold Coast Property Portfolio Management. “ Gold Coast Property Management “ Is a leading Asset management company that prides itself on setting the highest possible standards. “Gold Coast Property Management“ will provide a full range of services to meet the needs of the most discerning property owners and will have high standards when working with them. Staff will be experienced, passionate, and innovative and have the experience to manage customer’s asset/s. Company will be marketed/known for high standards, superior customer service, attention to detail in regards to property management, maintaining and maintenance. Mission statement to used, unless you have something better?: Our mission is to maintain and improve our reputation of being the very best Property Management Team on the Gold Coast. To strive to maintain our record of total satisfaction to our Investors, and to ensure that our tenants are treated fairly and with respect while maximizing our Investors income. Vision statement: Please make one up relating to the topic and to suite the mission statement. Gold Coast Property management specialist will actively support a number of community initiatives and organizations including:
• Queensland Flood Appeal
• Breast Cancer Association of Australia
To be done in Harvard Style, Harvard Style referencing, in length medium, double-spaced, Times New Roman with 1 inch margins (as per assignment sheet). Pay particular attention to the following:
• Apply and critically assess techniques used for environmental and a resource-based analysis.
• Evaluate the importance and the problems inherent in formulating and implementing strategy.
• Demonstrate a critical awareness of a range of key theories and approaches associated with business strategy
5 Tasks of Strategic management
1. Defining business, stating a mission and forming a strategic vision
2. Setting measurable objectives/indicator analysis
3. Crafting a strategy to achieve objectives
4. Implementing & executing strategy
5. Evaluating performance, reviewing new developments and initiating corrective adjustments
Questions that help form strategic vision
• What business are we in now?
• What business do we want to be in?
• What will our customers want in the future?
• What are the expectations of stakeholders?
• Who will be our future competitors/ suppliers/ partners?
• How will technology impact our industry?
• What environmental scenarios are possible?
IMPORTANCE FOR INDICATORS
• Achievable
• Understandable
• Collectable
• Measureable
• Qualitative and quantitative measurements
• Stated goal, including timeline
**Three Strategy Lenses** (Day 1, slides 71-76, explain the lens that will be used with this business)
1. Design
2. Experience
3. Idea
Porter’s 5 forces model (in order to analysis the environment), PESTAL (MACRO environment), SWOT
*Competitive Strategy: the bases on which a business unit might achieve competitive advantage in its market
• Strategy Types:
– No frills
– Low price
– Differentiation
– Hybrid
– Focused differentiation
(Explain what strategy type the business will be based on, might be either Differentiation or focused differentiation) Bowman’s Strategy Clock (Refer too & use)
Expectations and Purposes (Day 5, slide39)
• Corporate governance
• Organisational stakeholders
• Stakeholder mapping
• Ethical issues
• Culture
• Cultural web
• Communication of organisational purposes
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