Market Expansion Strategy for Scovan Inc.

Closed
Scovan Inc
Calgary, Alberta, Canada
Employer
(1)
3
Project
Academic experience
80 hours per student
Student
Canada
Intermediate level

Project scope

Categories
Market research Market expansion Sales strategy
Skills
market positioning resource allocation market analysis key performance indicators (kpis) management timelines
Details

The main goal for the project is to create a market expansion strategy for Scovan Inc targeting specific industry sectors. This will involve several different steps for the learners, including:


- Researching and analyzing the current market position of Scovan Inc.


- Identifying potential industry sectors for market expansion based on the company's expertise and experience.


- Developing a comprehensive strategy for targeting the identified industry sectors.


- Creating a detailed implementation plan for the market expansion strategy.


- Presenting the strategy and plan to the company's management team for approval.


Deliverables

By the end of the project, learners should complete the following tasks:


- A detailed market analysis report outlining the current market position and potential industry sectors for expansion.


- A comprehensive market expansion strategy with clear objectives and tactics for each identified industry sector.


- An implementation plan including timelines, resource allocation, and key performance indicators.


- A presentation to the management team outlining the strategy and plan for market expansion.



Final deliverables:


- A final report including the market analysis, expansion strategy, and implementation plan.


- A presentation deck with visuals and key points for the management team.


Mentorship

Scovan is willing to provide any support that is needed for students for this project, and will be free to answer questions for the students regarding the company throughout their work.

Supported causes
Industry, innovation and infrastructure

About the company

Company
Calgary, Alberta, Canada
201 - 500 employees
Construction, engineering & trades, Manufacturing

Scovan is a state-of-the-art EPFC firm that specializes in offering innovation and a wealth of experience for energy and industrial projects by providing engineering, procurement, complete fabrication, and construction management services. Scovan has completed designs for over 900 projects with over $3 Billion worth of equipment and services.

Over the last decade, Scovan has set the benchmark for innovative solutions that deliver economically viable, environmentally sustainable, and profitable projects for our clients. Our unique design philosophy and understanding of what it takes to execute projects in Alberta has enabled us to deliver flexible and repeatable solutions for our clients. This has resulted in less expensive and faster projects along with standardized designs.