UofP - MBA580 - Individual Assignment - Final Strategic Plan Presentation - 10-07-06

UofP - MBA580 - Individual Assignment - Final Strategic Plan Presentation - 10-07-06

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Unformatted text preview: Strategic Plan Stewart Title Company Robert Sikes, MBA580 Company Background Overview History Title Insurance Industry Offered Services Customers Strategic Objectives and Goals e-Solutions e-Closing Strategic Management Theme Challenge Value Opportunities Mission, Vision, Values Overview Mission Enhancing the Real Estate Transaction Process Vision Magnificent Service by Inspired Professionals Values Integrity Respect Honesty Challenges Attitude Environmental Analysis Internal SWOT Analysis Strengths Opportunities Strong financial and corporate commitment, including corporate compliance Leveraging successful products in emerging markets/industries Proprietary technology: e-solutions and e-closings, Stewart developed (1) SureClose online transaction management system, (2) the eClosingRoom electronic closing platform Develop current product versions to become highly marketable to current customers through established channels Delivers state-of-the-art real estate information services, commercial services, agency acquisitions, and international markets Online or "real time" information to consumers Weaknesses Threats Low integration with competitors Global segments increase in competition Moderate global presence Bundled services become the norm in all market segments Limited offered services Decreased number of new homes being built, including higher interest rates Matched Pair Analysis Matrix Opportunities Threats O/T Matches O1. Leverage into emerging markets T1. Global competition O2. Product versioning T2. Bundled services O3. Online services T3. Decreased new homes built/high interest rates Strengths S/O Matches S/T Matches S/O/T Matches S1. Financial strength S2. Proprietary technology S3. Information services, agency acquisitions Weaknesses W/O Matches W/T Matches W/O/T Matches W1. Low integration with competitors W2. Moderate global presence W3. Limited offered services S/W Matches S/W/O Matches S/W/T Matches S/W/O/T Matches S2/W3/O3: Develop online information and offered services S2/W3/O3: Develop proprietary online technology including bundled offered services S2/W3/O3/T2: Develop proprietary online technology including bundled offered services W2/O1: Increase global presence in emerging markets W3/T2: Increase offered services through bundling W2/O1/T2: Increase global presence with development of bundled services in emerging markets O1T2: Create bundled services accommodating needs of consumers S2/O2: Increased product versioning of proprietary e-closing and e-solution technology S3/T2: Create bundled information and offered services S2/O3/T2: Develop online proprietary bundled services Environmental Analysis External Scopes (including changes and trends) Economic Social and Cultural Technological Demographics Recommendations Competitive Analysis Fidelity and First American Market Assessment and Flexibility Recommendations Long-term Objectives...
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UofP - MBA580 - Individual Assignment - Final Strategic Plan Presentation - 10-07-06

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