Week Five Assignment
Vision Paper
Nathaniel Gardner
HR587
Managing Organizational Change
Keller Graduate School of Management

Introduction
The vision statement of a company states where the company would like to go in the future. The mission statement defines to the internal and external customers of the company what the business does for whom and why it exists. The strategy statement of a firm sets the firm’s long-term strategic direction and broad policy directions. It gives the firm a clear sense of direction and a blueprint for the firm’s activities for the upcoming years (Management study guide, 2012). A good strategy statement includes the Strategic Intent, Mission Statement, Vision and Goals/Objectives. Statements
TriQuint was founded by a group of engineers from Tektronix in 1985 to develop gallium arsenide (GaAs) for high performance wireless applications. In 1991 GaAs pioneers from Gazelle Microcircuits, Gigabit Logic, and TriQuint merge under the TriQuint Semiconductor name and Steven J. Sharp was the named CEO. Five years later the company launched Continuous Process Improvement (CPI) for improve technical, manufacturing and business processes and SAP for their information management system. One year later the company moved all operations to a new 32-acre corporate campus in Hillsboro, Oregon with a 160,000 square foot complex including a 16,000 square foot wafer fabrication clean-room space capable of Class 10 operation. In 1998 TriQuint acquired Texas Instruments GaAs MMIC business and Raytheon, TI's Defense Systems and Electronics Group. In the next 3years the company established a 150mm commercial foundry in Hillsboro added a state-of-the-art manufacturing facility in Richardson, Texas and consolidate all Texas operations and merge with Sawtek, Inc. in Apopka, Florida adding Surface Acoustic Wave (SAW) to their product line.
In 2002 TriQuint signed an agreement with Philips Semiconductors guaranteeing controlled access to TriQuint's InGaP (Indium-Gallium-Phosphide) HBT (Heterojunction Bipolar Transistor) 150mm wafer processing facilities and providing joint development. The company also acquire Infineon's GaAs business in Munich and enter partnership agreement to develop and produce highly integrated RF, components and modules for customized wireless system solutions. Ralph Quinsey became the President and Chief Executive Officer and a member of TriQuint's Board of Directors Ralph restructured the company into four business units and focused on high-volume handsets, high performance military devices, simplified connectivity networks and new technology development foundry. In 2005 TFR Technologies in Bend, Oregon was acquired adding bulk acoustic wave (BAW) expertise to the corporation's technology arsenal. In 2007 Peak Devices was acquired, 2008 WJ Communications and 2009 TriAccess Technologies all became part of TriQuint Semiconductor team [ (TriQuint Semiconductor, 2012) ].
Strategy Statement
Strategy Intent. The strategy Intent is to give guidance to the process of competing in the present and in the future setting the vision, the mission and the goals/objective of the business. We will fully utilize our “resource potential and core competencies to achieve what at first may seem to be unachievable goals in the competitive environment” [ (Management study guide, 2012) ].
Vision Statement.
TriQuint Semiconductors will connect the world one chip at a time by becoming the industry’s first choice in high performance wireless products.
Mission Statement.
Triquint is a leading supplier of high-end wireless chips in the mobile devices, 3G and 4G cellular base station, defense and aerospace markets. Offering the largest selection of GaAs foundry processes and comprehensive support services [ (TriQuint Semiconductor, 2012) ]. We have and will continue to be the innovator of new technology for the wireless market.
Goals/Objectives
* Double our patent portfolio yearly. * Top 100 Companies for Working Families * Win at least two awards for innovation yearly * 100 percent on time delivery to our customers * Less than 1 percent return rate
Statement Validation
The above statements are used as a map so the company can stay on right path. The company can use these statements to guide them through the change process by making sure the vision and mission of the company is honored and if a question of if the change initiatives are proper for the company the statements can be used to drive the change or reject the change. This allows the company to move forward in a positive and productive way but with limits on how and what should change.

References
Management Study Guide. (2012). Components of a strategy statement. Retrieved from http://www.managementstudyguide.com: http://www.managementstudyguide.com/strategy-statement-components.htm
TriQuint Semiconductor. (2012, January 02). TriQuint Semiconductor history. Retrieved from Triquint Semiconductor Web site: http://www.triquint.com/company/history/index.cfm
TriQuint Semiconductors. (2011). TriQuint - Quality & reliability. Retrieved from TriQuint Semiconductors: http://www.triquint.com/company/quality/index.cfm