Integrated Management Services example essay topic

If you are unfamiliar with Integrated Management Services then you are truly missing an impressive accomplishment. Integrated Management Services is a minority owned Jackson based organization that was founded and incorporated in 1996. IMS is owned Dr. John D. Calhoun, President, and Mr. Rod L. Hill, Vice-President, both from Jackson, Mississippi and both former graduates of Jackson State University. The mission of IMS is to provide clients the best in engineering expertise and service, with a total commitment to quality, responsiveness and integrity. Integrated Management Services is a company that is more than just engineers. IMS deals with consulting (IMS Consultants), employment training (IMS Tech) as well as engineering (IMS Engineers, PA).

I plan to look at IMS Engineers, PA mostly in this paper. The information encompassed in this report comes from the CEO / President, Dr. Calhoun and the fiscal officer, Derrick Cannon. IMS Engineers deals mostly with infrastructure engineering with the city, county, state, and federal departments. It is a for-profit business that usually lets it work speak for itself.

They also market their services through proposals and personal contacts. Resources come from fees received from services and unless these services are done effectively, they will not receive the correct amount. A profit is made if the job can be done more efficiently than budgeted. An example he, Dr. Calhoun, gave me is one where a project is scheduled to use 1000 hours of labor.

If the project uses those 1000 hours or less, then a profit has been made. Dr. Calhoun explained the troubles and risks involved with the engineering market. He explained that the market has trouble recruiting talent and properly designing exactly what the client is looking for. He stated to me that, "A lot of the work done here has never been done before".

The risks involved with taking every job is making sure that you can do the job. This is a risk in every field of business. When asked about any auditing risks he feels the company faces, he says his greatest concern is that the federal funds are properly accounted for and making sure they are accurate. As long as IMS is timely with it's tax payments and any questionable charges (entertainment, gifts, contributions, etc.) have the proper paperwork, Dr. Calhoun and Mr. Hill say they feel no pressure from the Internal Revenue Service. In conclusion, my interview with Mr. Cannon and Dr. Calhoun was an enlightening one. It explained how the company makes money, some risks they face and what Integrated Management Services does.

They also spoke of some new business ventures they plan to make in the very near future and ones they are currently involved in. Hopefully their success will continue.