Verizon Vision Statement

2014 Words9 Pages
Managerial Analysis Paper Verizon Communications Background information • Verizon’s corporate vision. Verizon’s corporate vision is “to inspire tomorrow’s creators to use technology to build brighter futures for themselves, their families and the world.” In this vision statement, the emphasis is on the role of the company in the lives of its stakeholders. This same role extends to the business activities of the company’s subsidiaries (Gregory, L. 2017, June 20). • Verizon Communications, Inc. is a holding company. Verizon Communications Inc., incorporated on October 7, 1983, is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses…show more content…
Verizon has 10 operations areas. Design of goods and services, this strategic decision area of operations management has the objective of maintaining consistency in the company’s high quality of services through technological specifications. Quality management, this strategic decision area of operations management supports the quality-based differentiation emphasized in Verizon’s generic competitive strategy and intense growth strategies. Process and capacity, design Operations managers focus on the objective of satisfying process and capacity needs in this strategic decision area. These needs cover the technologies and other resources used to keep high productivity in the operations of Verizon Communications, Inc. Location strategy, the location of cell towers influences supply chain productivity. The location of offices influences the movement of goods and sales transactions with target customers in the telecommunications market. Effective location strategies contribute to organizational competence that addresses competition. Layout design and strategy, Verizon’s operations managers are concerned with the optimized placement of workplaces along with the movement of resources to support productive operations. Job design and human resources, the objective in this strategic decision area of operations management is to support the continuous growth and development of Verizon’s human resources. Adequate human resources are essential to the long-term success of the…show more content…
While searching the internet there are only a few places on the internet that did a SWOT analysis on them, not much information for such a big corporation such as Verizon. A weakness of Verizon is that they are not international. That can turn into a threat. Verizon is only listed as a regional player and has not expanded outside the U.S. Verizon’s prices are high, but they do offer reliable service (Bhasin, 2018). The opportunities for the organization. One of them would be for them to expand internationally as they are the biggest wireless, broad band providers around. If they were to offer 5G service before their competitors would give a big boost to their growth. They could improve on their service to their customers. There are so many different plans and options that come and go for a while then are brought back in a unique way. Whereas they should just improve the plans and options without removing them (Bhasin, 2018). The biggest threat to Verizon is not being international. They will then have to compete with already existing companies. That also could run Verizon’s bottom line thin and can be very dangerous. Government regulations, the ever-changing government on telecom industries is an ever-growing threat to them. AT & T and T-mobile are always taking on Verizon as we see in TV commercials and are always trying to ruin a campaign of Verizon’s (Bhasin,
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