Proj587 Course Project Essay

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Table of Contents Company Background3 Strategic Planning3 Strategic Capacity Plan 5 Portfolio Management Process6 Project Selection Criteria…………………………………………………………………………. Project Management Plan Risk Assessment…………………………………………………………………………………… Change Management Plan…………………………………………………………………… Resource Utilization…………………………………………………………………………… References………………………………………………………………………………………… Company Background VIZIO, Inc. was founded by William Wang in 2002 with the idea that everyone deserves to own the latest technology. Over the years, the company has grown from having three (3) employees at its inception in 2002 to having nearly 200 employees. VIZIO ‘s primary line of business is televisions (TV), and remains the first American…show more content…
Business Strategies Vizio has made great strides in providing “Entertainment Freedom For All™” and will continue to build on this principle. In looking to the future, the company, while staying true to its roots in vision and value, will continue to grow its brand within the United States and beyond. The strategy to becoming the world’s leader in consumer electronics involves following the following four (4) core values: * Believe in the Vision: The Company was founded on the belief that it can become the leader in consumer electronics. Vizio makes every effort to put together a team that embodies this vision and the passion required to consistently deliver the latest technology at the most affordable prices. * Create Value for Our Customers: Every team member must give their all every day to ensure success. Vizio’s success heavily relies on the ability to things faster and more efficiently with fewer people than the competition. This allows the savings to be passed on to the consumer. * Show Respect Towards our Partners: VIZIO achieves its goals by creating synergistic partnerships with its suppliers and customers. VIZIO honors and respects its partnerships daily and continually seeks new ways to collaborate. * Lead Through Teamwork: Both individual leadership and collaborative teamwork in order to be an industry leader. VIZIO team members lead by example and work together as a Team to achieve the company’s goals.

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