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Level of planning paper
In 2000, the Primeco Wireless submerged, and emerged as Verizon Wireless; the need for
speed was gaining momentum. Verizon Wireless Online DSL, digital subscriber line, is the
number one telecommunication industry appearing in the FORTUNE Magazine; it has
listed as the most Admired Company. Hay Group Fortune Magazine. The founder of
Verizon Company is Darby Checketts; he was a man with a vision. This fast speed
company under the CEO, Chairman, leadership of Ivan Seidenberg, has grown into an
internet king.
There are over 208,000 employees at the Verizon Online DSL Wireless Company, with an
upward of $13 billion dollars a year in technology, it has 2.7 million shareowners and
services billions of customers in communities all over America and the World. At least a
100 million people are connected by Verizon network everyday, whether at home, at work
or on the go. Women Warriors has discovered in their research the highlights,
accomplishments, and opportunities of Verizon to improve their customers lives in six
areas that make up Verizon approach to corporate responsibility:
Ethic and Governance
Service and Innovation
Empowering Employees
Promoting Community Growth
Protecting the Environment
Partnering with Communities
Strengths & Weaknesses
Strengths and weaknesses are essentially internal to the organization and relate to matters
concerning resources, programs, and organization in key areas. Strengths & Weaknesses
are internal to the business and Opportunities & Threats are external.
Verizon Communications Inc is one of the worlds leading providers of communications
services. With a diverse work force of more than 208,000, Verizon has four business units.
Domestic Telecom serves customers based in 29 states with wireline telecommunications
services, including broadband, nationwide long-distance and other services.
Verizon Wireless owns and operates the nations most reliable wireless network, serving
42.1 million voice and data customers across the United States.
Information Services operates directory-publishing businesses and provides electronic
commerce services.
International includes wire line and wireless operations and investments, primarily in the
Americas and Europe.
Strategic Planning Process
Strategy is define as the continuous, iterative planning process, which focuses on
Keeping an organization competitive in its environment (Miller & Dess, 1997). Strategic
planning is complex, laborious, and time consuming. Accordingly, an
organization must allocate resources and time to the strategic planning process. (
Strengths
Verizon strengths are its resources and capabilities that can be use as a basis for a
competitive advantage. Verizon business strategy is to archive a sustainable competitive
advantage such as.
Cost advantage
Differentiation advantage
Verizon is able to deliver the same benefits as the other communication companies, but a
lower cost, (cost advantage) or deliver benefits that exceed the competing
