Three Year Vision

Three-Year Vision Document for SUB Business Unit 30:
1. Financial Growth:
Over the next three years, our primary goal is to achieve sustainable and robust financial
growth for the business unit. We aim to double our revenue by the end of year three through a
combination of organic growth and strategic initiatives. To achieve this:
 Implement a comprehensive financial analysis and forecasting system to track key
performance indicators (KPIs) and identify growth opportunities.
 Strengthen our strategies to penetrate new markets and increase market share with
enhanced outreach be it by Business outreach team or through Marketing.
 Focus on enhancing operational efficiency and cost optimization to improve profit
margins be it by strategic partnerships, JV or MOU’s.
 Continuously review and adjust our financial strategies to adapt to market changes
and maximize profitability.
2. Diversification Plan:
Diversification is essential to mitigate risks and capitalize on emerging opportunities. Over
the next three years, we will focus on diversifying our product/service portfolio to cater to a
broader customer base and enter new industries. Key strategies include:
 Conduct market research to identify lucrative opportunities for diversification.
 Develop new business areas aligned with market demands and emerging trends like
Road Safety, Bridge Condition Survey studies etc.
 Forge strategic partnerships and collaborations to access new markets and distribution
channels.
 Invest in research and development to innovate and differentiate our offerings from
competitors.
 Regularly assess the performance of diversified ventures and reallocate resources as
needed to maximize returns.
3. International Growth:
Expanding our global footprint is crucial for long-term sustainability and growth. We will
prioritize international expansion over the next three years by:
 Conducting thorough market analysis to identify target regions with high growth
potential within the Highway Sector specially in the Developing Nations.
 Establishing strategic partnerships and alliances with local businesses to facilitate
market entry.
 Adapting our services to meet the needs and preferences of international customers.
 Investing in marketing and branding efforts tailored to each target market.
 Complying with regulatory requirements and cultural sensitivities in each target
market.
4. Manpower Planning:
Our employees are our most valuable asset, and effective manpower planning is essential for
achieving our business objectives. Over the next three years, we will focus on:
 Identifying key talent gaps and recruiting skilled professionals to fill them.
 Providing comprehensive training and development programs to enhance employee
skills and capabilities.
 Implementing performance management systems to recognize and reward top
performers.
 Fostering a culture of collaboration, innovation, and diversity to attract and retain top
talent.
 Regularly reviewing and optimizing our organizational structure to align with
business goals and objectives.
 Empowering employees through delegation of authority and decision-making
autonomy.
5. Technology Enhancement:
Embracing technology is critical for staying competitive and driving innovation. Over the
next three years, we will prioritize technology enhancement by:
 Investing in state-of-the-art software and hardware solutions to streamline operations
and improve efficiency.
 Leveraging data analytics and business intelligence tools to gain actionable insights
and inform decision-making.
 Adopting emerging technologies such as artificial intelligence to enhance our
services.
 Enhancing cybersecurity measures to protect sensitive data and safeguard against
cyber threats.
 Promoting a culture of digital transformation and continuous learning to empower
employees to leverage technology effectively.
 Collaborating with technology partners and startups to explore new opportunities and
stay ahead of the curve.
6. Time Schedule:
Year 1:
 Conduct comprehensive market analysis and financial forecasting.
 Develop and implement diversification plan.
 Begin international market research and expansion strategy.
 Review current manpower capabilities and identify training needs.
 Initiate technology assessment and enhancement plan.
Year 2:
 Launch new services as part of diversification plan.
 Expand into selected international markets.
 Implement training and development programs for employees.
 Upgrade technology infrastructure and systems.
 Monitor financial performance and adjust strategies as needed.
Year 3:
 Consolidate market presence in diversified segments.
 Expand further into international markets.
 Evaluate manpower planning strategies and adjust as necessary.
 Continue investing in technology enhancements and innovation.
 Review and refine long-term vision and objectives for the business unit.

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Three-Year Vision Document for SUB Business Unit 30:

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