NiSource: Strategic Plan
NiSource is a leading Gas and Electric Utility company with specializations in natural gasses and electric transmissions and distribution ("NiSource ", 2016). The company provides energy for millions of customers in seven states. Its headquarters are located in Merrillville, Indiana, but the company maintains a cogent presence in Columbus, Ohio as well. The organization prides itself on being a leading competitor in the industry to provide organic, sufficient forms of energy that aide in the reduction of the United States dependence on foreign oil. According to NiSource, Inc (2016)," As a leading player in the natural gas industry, we are helping deliver a clean, abundant, affordable and domestically produced form …show more content…
So, it is believable when the company asserts its vision is to continue to expand focus on proactively investing in energy infrastructure in order to advance upon commitments made for years to come. To do so, the leaders mission is to focus on “providing customer –focused energy solutions, safety and reliability and investment- driven growth for customers, investors and employees” (NiSource, 2016). According to NiSource, Inc (2016), “Core values of the organization have been to exemplify Fairness, Honesty, Integrity and Trust. These values lay the foundation for how the business interact with all key stakeholders, including customers, vendors, communities, regulators, shareholders and each other” (). Great business practices and relationships are nurtured on the organizations vision, mission and value model. For example, supplier diversity associations assist the company to lock in on modern ideas. Not only that, but it also contributes to bolstering bonds and inspires growth across all …show more content…
(1996-2016), “Your vision lays out a destination; your destination guides your strategy; and strategy chooses action. It’s action that leads to success” (Defining and Using The Three Tools of Leadership). NiSource mission strategically investigates the company’s strengths and weaknesses, in addition to opportunities of growth and potential threats. Future goals lean on the founding principles to remain a top-tier company in safety, reliability and lead in environmental practices (NiSource, Inc, 2016). Another commitment the organizations stand by is taking a public stand on issues such as Climate Change and Inclusion and Diversity. Viewpoints regarding these issues and others are visible via the
NiSource is a leading Gas and Electric Utility company with specializations in natural gasses and electric transmissions and distribution ("NiSource ", 2016). The company provides energy for millions of customers in seven states. Its headquarters are located in Merrillville, Indiana, but the company maintains a cogent presence in Columbus, Ohio as well. The organization prides itself on being a leading competitor in the industry to provide organic, sufficient forms of energy that aide in the reduction of the United States dependence on foreign oil. According to NiSource, Inc (2016)," As a leading player in the natural gas industry, we are helping deliver a clean, abundant, affordable and domestically produced form …show more content…
So, it is believable when the company asserts its vision is to continue to expand focus on proactively investing in energy infrastructure in order to advance upon commitments made for years to come. To do so, the leaders mission is to focus on “providing customer –focused energy solutions, safety and reliability and investment- driven growth for customers, investors and employees” (NiSource, 2016). According to NiSource, Inc (2016), “Core values of the organization have been to exemplify Fairness, Honesty, Integrity and Trust. These values lay the foundation for how the business interact with all key stakeholders, including customers, vendors, communities, regulators, shareholders and each other” (). Great business practices and relationships are nurtured on the organizations vision, mission and value model. For example, supplier diversity associations assist the company to lock in on modern ideas. Not only that, but it also contributes to bolstering bonds and inspires growth across all …show more content…
(1996-2016), “Your vision lays out a destination; your destination guides your strategy; and strategy chooses action. It’s action that leads to success” (Defining and Using The Three Tools of Leadership). NiSource mission strategically investigates the company’s strengths and weaknesses, in addition to opportunities of growth and potential threats. Future goals lean on the founding principles to remain a top-tier company in safety, reliability and lead in environmental practices (NiSource, Inc, 2016). Another commitment the organizations stand by is taking a public stand on issues such as Climate Change and Inclusion and Diversity. Viewpoints regarding these issues and others are visible via the