5 NORTHWEST CONSTRUCTORS INC.
INTERNAL ANALYSIS STRENGTHS The company holds tremendous value in real property, including office and warehouse spaces. The real properties are located throughout western Washington, an area considered as one of the top real estate markets in the past few years. While the pandemic has uprooted office suites globally, there may be an upcoming need for office buildings and suites outside of the downtown core with smaller floor plates. The company may dispose of these properties, gaining a financial lump sum while decreasing overhead of operating multiple properties which are not fully occupied by the company employees. The company owns and maintains a large fleet of heavy and light equipment which offers a competitive advantage over other general contractors and construction managers who may have to procure their equipment from suppliers. The ability to control the equipment proves valuable in times of need since they have a large facility owned and operated housing the equipment. It appears the company tracks all projects in a database to be utilized for pre-construction services, including value engineering. The databases offer a deep history on western Washington project's data points including schedule, budget and building systems to name a few. The ability to compare a new project for risk factors is incredibly valuable for the project's success including the company's profit. When reviewing a proposal, the company can cross reference and compare similar projects for potential discrepancies. The discrepancies can offer a competitive edge on bids. In addition, another proactive measure is the company's safety policy which aims to keep workers safe through training programs and keep compensation insurance rates low. The executive officers and senior level employees have long tenures with the company. These employees often have long standing relationships with clients, suppliers and subcontractors. The networking capabilities and understanding of each client's expectations including nuances and operations gives the company an interpersonal advantage over new businesses who may be entering the market. These executive members are appointed by a rotating board of directors. This appointment and rotation offers the company the ability to grow and gain insights through a variety of points of view.
2021 STRATEGIC PLANNING
