20 Best 18v Cordless Tool Set

Updated on: June 2021

Best 18v Cordless Tool Set in 2021


DEWALT 20V MAX Cordless Drill Combo Kit, 2-Tool (DCK240C2)

DEWALT 20V MAX Cordless Drill Combo Kit, 2-Tool (DCK240C2)
BESTSELLER NO. 1 in 2021
  • Ergonomic Design: Lightweight Tools Designed to Fit the User’s Needs
  • Increased Visibility: The DCF885 Features a Built in Led with 20 Second Delay After Trigger Release
  • Includes: (1) DCD771 Drill/Driver, (1) DCF885 1/4 Inches Impact Driver, (2) 20V Max Lithium Ion 1.3 Ah Battery Packs, 20 Volt Max Charger, and (1) Kit Bag
  • ONE HANDED BIT LOADING: THE DCF885 has a 1/4 inches hex chuck and accepts 1 inches bit tips, Power Tool Type:Cordless
  • High Performance Motor: The DCD771 Delivers 300 Unit Watts out (Uwo) of Power Ability Completing a Wide Range of Applications

Ryobi P883 One+ 18V Lithium Ion Cordless Contractor’s Kit (8 Pieces: 1 x P704 Worklight, 1 x P515 Reciprocating Saw, 1 x Circular Saw, 1 x P271 Drill / Driver, 2 x Batteries, 1 x Charger, 1 x Bag)

Ryobi P883 One+ 18V Lithium Ion Cordless Contractor’s Kit (8 Pieces: 1 x P704 Worklight, 1 x P515 Reciprocating Saw, 1 x Circular Saw, 1 x P271 Drill / Driver, 2 x Batteries, 1 x Charger, 1 x Bag)
BESTSELLER NO. 2 in 2021
  • CIRCULAR SAW: This cordless circular saw contains plenty of features that will keep you cutting true. It has a side handle and rubber overmold to improve grip, even in slippery conditions
  • P271 POWER DRILL: This 1/2 inch chuck drill / driver comes equipped with a magnetic tray for bits and fasteners, a 24 position adjustable clutch, and convenient tool-less bit changing
  • P515 RECIPROCATING SAW: An anti-vibration handle, rubber overgrip, variable speed trigger, and easy blade removal latch are only some of the features that keep this tool at one of the top sawzalls in the DIY and professional market
  • ONE+ COMPATIBLE: This kit includes two P102 batteris and one P118 charger. These batteries are compatible with over 50 tools in Ryobi’s One+ family. These tools are compatible with several Ryobi 18V batteries, including the P100, P102, P103, P104, P105, P107, and P1082 Batteries, Charger, Tool Bag, Drill, Circular Saw, Work Light, Reciprocating Saw
  • STORAGE: Keep all of the items in this kit snugly together in the included wide-mouthed contractor’s bag. Its sturdy fabric will keep your tools protected while the cross-x stitching on the dual handles will allow you to lug this almost anywhere

Makita XT612M 18V LXT Lithium-Ion Brushless Cordless 6-Pc. Combo Kit (4.0Ah)

Makita XT612M 18V LXT Lithium-Ion Brushless Cordless 6-Pc. Combo Kit (4.0Ah)
BESTSELLER NO. 3 in 2021
  • Efficient BL Brushless motor is electronically controlled to optimize battery energy use for up to 50 Percent longer run time per charge
  • The BL Brushless motor eliminates carbon brushes, enabling the BL motor to run cooler and more efficiently for longer life
  • The electronically controlled BL Brushless motor efficiently uses energy to match torque and RPM to the changing demands of the application
  • Variable 2 speed 1/2 inches hammer Driver Drill (0-500 & 0-2, 000 RPM) (0-7, 500 & 0-30, 000 BPM) covers a wide range of drilling, driving and hammer applications
  • Variable speed impact driver (0 to 3, 400 RPM & 0 to 3, 600 IPM) provides 1, 500 inches pounds of max torque

DEWALT 20V MAX Cordless Drill / Driver Kit, Compact, 1/2-Inch (DCD771C2)

DEWALT 20V MAX Cordless Drill / Driver Kit, Compact, 1/2-Inch (DCD771C2)
BESTSELLER NO. 4 in 2021
  • Compact, lightweight design fits into tight areas
  • High performance motor delivers 300 unit watts out (UWO) of power ability completing a wide range of applications
  • High speed transmission delivers 2 speeds (0 450 & 1,500 rpm) for a range of fastening and drilling applications. Chuck Type - Keyless
  • 1/2 inches single sleeve ratcheting chuck provides tight bit gripping strength
  • Ergonomic handle delivers comfort and control.Tool Width:1.9 inch
  • Maximum initial battery voltage (measured without a workload) is 20 volts. Nominal voltage is 18. Battery capacity: 1.3 Ampere hour

Makita XT333X1 18V LXT Lithium-Ion Brushless Cordless 3-Pc. Combo Kit (4.0Ah) (2.0Ah)

Makita XT333X1 18V LXT Lithium-Ion Brushless Cordless 3-Pc. Combo Kit (4.0Ah) (2.0Ah)
BESTSELLER NO. 5 in 2021
  • Variable 2 speed 1/2 inches hammer Driver Drill (0 500 & 0 2, 000 RPM) (0 7, 500 & 0 30, 000 IPM) delivers 530 inches pounds of max torque
  • Variable speed impact driver (0 3, 400 RPM & 0 3, 600 IPM) provides 1, 500 inches pounds Of max torque
  • Circular saw delivers 5, 000 RPM for faster cutting and ripping
  • The BL Brushless motor eliminates carbon brushes, enabling the BL motor to run cooler and more efficiently for longer life
  • Efficient BL Brushless motor is electronically controlled to optimize battery energy use for up to 50percentage longer run time per charge

Makita XT505 18V LXT Lithium-Ion Cordless 5-Pc. Combo Kit (3.0Ah)

Makita XT505 18V LXT Lithium-Ion Cordless 5-Pc. Combo Kit (3.0Ah)
BESTSELLER NO. 6 in 2021
  • Variable 2 speed 1/2 inches Hammer Driver Drill (0 600 & 0 1, 900 RPM) with Makita built 4 pole motor delivers 480 inches pounds Of max torque; weighs only 3.4 pounds With battery
  • Variable speed impact driver (0 2, 900 RPM & 0 3, 500 IPM) provides 1, 460 inches pounds Of max torque; weighs only 2.8 pounds With battery
  • Variable speed Recipro saw delivers 0 2, 800 strokes per minute with a 1 1/4 inches Stroke; weighs 8.1 pounds with battery
  • 6 1/2 inches Circular saw delivers 3, 700 RPM for faster cutting and ripping through wood; weighs only 7.3 pounds. With battery; tool count: 5
  • 4 Position flashlight with Xenon bulb runs up to 7.5 hours per charge with a 5.0 Ah battery.Battery charge time: 30 min
  • 6 1/2 inches Circular saw delivers 3, 700 RPM for faster cutting and ripping through wood; weighs only 7.3 pounds. With battery
  • 4 Position flashlight with Xenon bulb runs up to 7.5 hours per charge with a 5.0 Ah battery

Makita XT706 3.0Ah 18V LXT Lithium-Ion Cordless Combo Kit (7 Piece)

Makita XT706 3.0Ah 18V LXT Lithium-Ion Cordless Combo Kit (7 Piece)
BESTSELLER NO. 7 in 2021
  • Variable 2 speed 1/2 inches hammer Driver Drill (0 to 600 & 0 to 1, 900 RPM) with Makita built 4 pole motor delivers 480 inches pounds of max torque; Weighs only 3.9 pounds with battery
  • Variable speed impact driver (0 to 2,900 RPM & 0 to 3,500 IPM) provides 1,460 inches pounds of max torque for a wide range of fastening applications
  • 6 to 1/2 inches circular saw delivers 3, 700 RPM for faster cutting and ripping through wood and weighs only 7.3 pounds with battery; Battery Charge Time (minutes) 30
  • Recipro saw provides 0 to 2, 800 SPM and features "tool less" blade change; Weighs only 8.3 pounds with battery
  • 4 to 1/2 inches / 5 inches cut off/ angle grinder delivers 8, 500 RPM; Features automatic speed change technology that adjusts speed and torque during operation for optimum performance

Makita XT269T 18V LXT Lithium-Ion Brushless Cordless 2-Pc. Combo Kit (5.0Ah)

Makita XT269T 18V LXT Lithium-Ion Brushless Cordless 2-Pc. Combo Kit (5.0Ah)
BESTSELLER NO. 8 in 2021
  • Efficient BL Brushless motor is electronically controlled to optimize battery energy use for upto 50% longer run time per charge
  • The BL Brushless motor eliminates carbon brushes, enabling the BL motor to run cooler and more efficiently for longer life
  • The electronically-controlled BL Brushless motor efficiently uses energy to match torque and RPM to the changing demands of the application
  • Variable 2-speed 1/2" Hammer Driver-Drill (0-500 & 0-2, 000 RPM) with BL Brushless motor delivers 530 in pounds. Of max torque; weighs only 4.2 pounds with battery
  • Variable speed impact driver (0-3, 400 RPM & 0-3, 600 IPM) with BL Brushless motor delivers 1, 500 pounds of max torque; weighs only 3.3 pounds with battery

Makita CT225R 18V LXT Lithium-Ion Compact Cordless 2-Pc. Combo Kit (2.0Ah)

Makita CT225R 18V LXT Lithium-Ion Compact Cordless 2-Pc. Combo Kit (2.0Ah)
BESTSELLER NO. 9 in 2021
  • Variable 2 speed 1/2 inches Driver Drill (0-400 & 0-1,500 RPM) with Makita built 4 pole motor
  • Variable speed Impact Driver (0-2,300 RPM & 0-3,200 IPM) provides 1,460 inch pounds of Max Torque and weighs only 2.8 pounds with battery
  • 18V Compact Lithium Ion 2.0 Ah battery BL1820 provides upto 50% more run time per charge compared to BL1815
  • 18V Compact Lithium-Ion 2.0 Ah battery BL1820 reaches full charge in 25 minutes or less
  • 18V Compact Lithium-Ion 2.0 Ah battery BL1820 is compatible with 18V LXT Tools

Makita XMT03Z 18V LXT Lithium-Ion Cordless Multi-Tool, Tool Only

Makita XMT03Z 18V LXT Lithium-Ion Cordless Multi-Tool, Tool Only
BESTSELLER NO. 10 in 2021
  • 18V LXT Lithium Ion battery provides upto 20 minutes of continuous run time
  • Variable speed control dial (6, 000 to 20, 000 OPM) enables user to match the speed to the application
  • 3.2Degree oscillation angle engineered for faster, more aggressive cutting and sanding
  • Large on/off slide switch with lock on button for operator convenience
  • Tool less clamp system for fast accessory installation

Makita XSR01Z 18V X2 LXT Lithium-Ion 36V Brushless Cordless Rear Handle 7-1/4" Circular Saw, Tool Only

Makita XSR01Z 18V X2 LXT Lithium-Ion 36V Brushless Cordless Rear Handle 7-1/4
BESTSELLER NO. 11 in 2021
  • Powered by two LXT batteries; X2 LXT technology delivers more power, speed and run time without the hassles of a cord
  • Makita built electronically controlled BL Motor delivers 5,100 RPM for maximum performance and 50% longer run time per charge
  • The BL Brushless Motor eliminates carbon brushes, enabling the BL Motor to run cooler and more efficiently for longer life
  • Automatic Speed Change technology adjusts cutting speed and torque during cut for optimum performance
  • X2 LXT technology delivers up to 558 cross-cuts per charge in 2x4 SPF lumber and up to 291 cross-cuts per charge in 2x10 SPF lumber using two 5.0Ah batteries (batteries not included)

Ryobi P884 18-Volt ONE+ Lithium-Ion Combo Kit (6-Tools)

Ryobi P884 18-Volt ONE+ Lithium-Ion Combo Kit (6-Tools)
BESTSELLER NO. 12 in 2021
  • Includes 2 - 18-volt lithium batteries, usable on any machine in the one+ product line; includes 18-volt dual-chemistry charger; batteries can be recharged in as little as 30 minutes
  • Drill has 2 speed settings (0-440 or 0-1600 rpm), variable with a spring-loaded trigger; reciprocating saw features tool-free blade change
  • Tool weights: drill, 2. 7 lbs. ; circular saw, 4. 7 lbs. ; impact driver, 2. 65 lbs. ; reciprocating saw, 4. 1 lbs. ; job plus base, 2. 15 lbs. ; work light, 0. 7 lb. ; includes carrying bag for easy portability
  • Reciprocating saw's adjustable, pivoting shoe allows depth-of-cut control and more efficient use of blade; circular saw has an exact line laser, which automatically activates during use
  • Work light has a multi-functional design capable of sitting flat on battery, on end or hanging for ultimate lighting versatility; swivel head directs light where needed

Metabo HPT KC18DG4LS 18V Cordless 4-Tool Combo Kit, Hammer Drill, Impact Driver, Reciprocating Saw, LED Flashlight, and two 18V Lithium Ion Compact 1.5Ah batteries, Lifetime Tool Warranty

Metabo HPT KC18DG4LS 18V Cordless 4-Tool Combo Kit, Hammer Drill, Impact Driver, Reciprocating Saw, LED Flashlight, and two 18V Lithium Ion Compact 1.5Ah batteries, Lifetime Tool Warranty
BESTSELLER NO. 13 in 2021
  • Same tools. New name. Hitachi power tools has renamed to Metabo HPT
  • Kit includes the DV18DGL 18V Lithium Ion Hammer Drill that boasts 487 in/lbs of torque in an ergonomic, lightweight (3. 8 lbs) design
  • Kit includes the WH18DGL 18V Lithium Ion Impact Driver that weighs only 3. 1 lbs, yet still delivers 1, 280 in/lbs of driving torque for heavier applications
  • Kit includes the CR18DGL 18V Lithium Ion Reciprocating Saw has a 1" stroke length and 3, 300 SPM to allow for easy and fast cutting
  • Kit includes the UB18DEL 18V Lithium Ion LED Flashlight for high visibility in a free standing design for convenience

Bosch GXL18V-496B22 18V 4-Tool Combo Kit with Compact Tough 1/2 In. Drill/Driver, 1/4 In. and 1/2 In. Two-In-One Bit/Socket Impact Driver, Compact Reciprocating Saw and LED Worklight

Bosch GXL18V-496B22 18V 4-Tool Combo Kit with Compact Tough 1/2 In. Drill/Driver, 1/4 In. and 1/2 In. Two-In-One Bit/Socket Impact Driver, Compact Reciprocating Saw and LED Worklight
BESTSELLER NO. 14 in 2021
  • Convenient cordless 18V 4 tool Combo kit features two in one bit/socket impact driver, lighter power drill/driver, compact reciprocating saw, bright work light, two slim pack batteries and a charger
  • Versatile two in one impact driver and impact wrench design features an adaptable hex shank with power groove and a 1/2 Inches Socket drive chuck
  • Lighter drill/driver : delivers the same power as a conventional 18V motor and up to 600 InchesLbs. Of torque at a more compact size
  • Lightweight Recip saw design : weighs only 4.4 lbs. (Tool only, not including battery) and is only 15 to 3/4 inches Long for easy handling
  • LED work light : adjusts to multiple positions to supply bright light (300 Lumens), and has spotlight and flood light settings

DEWALT 20V (DCK940D2) Max Cordless Drill Combo Kit, 9-Tool

DEWALT 20V (DCK940D2) Max Cordless Drill Combo Kit, 9-Tool
BESTSELLER NO. 15 in 2021
  • DCD771 20 volt Max : 1/2 inches Drill Driver and DCF885 20 volt Max Impact Driver
  • DCS381 20 volt Max : Lith Recip Saw, and DCS393 20 volt MAX Lith Circular Saw
  • DCS355 20 volt Max : Lith Oscillating Tool, and DCL040 20 volt MAX Lith LED Worklight
  • DCG412 20 volt Max : Lith 4 1/2 inches Grinder, DCR006 20 volt MAX Lith Bluetooth Speaker, and DCD740 20 volt MAX Lith 3/8 inches Right Angle Drill
  • Includes 2) DCB203 20 volt MAX XR Batteries (2.0AH)

Pink Power Drill PP182 18V Cordless Electric Drill Driver Set for Women - Tool Case, 18 Volt Drill, Charger and 2 Batteries

Pink Power Drill PP182 18V Cordless Electric Drill Driver Set for Women - Tool Case, 18 Volt Drill, Charger and 2 Batteries
BESTSELLER NO. 16 in 2021
  • ALL INCLUSIVE DRILL SET: Tool kit includes (1) 18 volt pink power drill driver, (1) tool case, (1) battery charger, (2) NiCad 18V batteries, a drill bit set, and a three-year warranty
  • TRIGGER ACTIVATED LED LIGHT FOR DARK WORKSPACES: Compact cordless drill includes a built in LED light that activates when triggering the drill, making it easier to work in tight or dark spaces.
  • LEIGHTWEIGHT WITH SOFT GRIP HANDLE: This electric drill weighs just under 3.5lbs, with the battery, so it is easy for anyone to use. The perfect addition to any hand tool or power tool set.
  • TWO SPEED SETTINGS AND MAGNETIC BASE: The high and low torque settings help with a wide range of drilling and driving applications while the magnetic base is perfect for holding loose screws or bits.
  • OFFERS KEYLESS CHUCK AND TWO SPEED SETTINGS: The PP182 drill offers a 3/8” keyless chuck to help make changing drill bits easy. With 16 torque settings and a drilling feature, plus two speed settings and a 0-550RPM motor, users will have the strength and precision to accomplish any home improvement project.

Makita XSH04ZB 18V LXT Lithium-Ion Sub-Compact Brushless Cordless 6-1/2” Circular Saw, Tool Only

Makita XSH04ZB 18V LXT Lithium-Ion Sub-Compact Brushless Cordless 6-1/2” Circular Saw, Tool Only
BESTSELLER NO. 17 in 2021
  • Compact and ergonomic blade-right design at only 10-5/8" Long
  • Weighs only 6. 4 lbs. With 2. 0Ah battery (battery not included) for operator comfort
  • Powerful Makita built electronically controlled BL motor delivers 5, 000 RPM for faster cutting and ripping
  • The BL Brushless motor eliminates carbon brushes, enabling the BL motor to run cooler and more efficiently for longer life
  • Large cutting capacity (2-1/4” at 90°) and bevel capacity (0°- 50°)
  • included components: Tool only (battery and charger not included) 6-1/2" 24T C.T. Saw Blade (A-85092) Dust Extracting Attachment (199230-9) Hex Wrench (783203-8)

Makita XT335S 18V LXT Lithium-Ion Brushless Cordless 3-Pc. Combo Kit (3.0Ah)

Makita XT335S 18V LXT Lithium-Ion Brushless Cordless 3-Pc. Combo Kit (3.0Ah)
BESTSELLER NO. 18 in 2021
  • Efficient BL Brushless motor is electronically controlled to optimize battery energy use for up to 50 percent longer run time per charge
  • The BL Brushless motor eliminates carbon brushes, enabling the BL motor to run cooler and more efficiently for longer life
  • The electronically controlled BL Brushless motor efficiently uses energy to match torque and RPM to the changing demands of the application
  • Variable 2 speed 1/2 inches Driver Drill (0 to 500 & 0 to 1, 900 RPM) with BL Brushless motor delivers 440 inch pounds of max torque; weighs only 3.6 pounds with battery
  • Variable speed impact driver (0 to 3, 400 RPM & 0 to 3, 600 IPM) with BL Brushless motor delivers 1, 500 inch pounds of max torque; weighs only 3.3 pounds with battery
  • Flashlight with high-luminance single xenon bulb provides 180 lumens
  • Only use genuine Makita batteries and chargers
  • 18V LXT Lithium-Ion 3.0Ah battery BL1830B features an integrated L.E.D. battery charge level indicator. 18V LXT Lithium-Ion 3.0Ah battery BL1830B reaches a full charge in 60 minutes or less

Bosch GXL18V-232B22 18V 2-Tool Kit with 1/2 In. Compact Tough Drill/Driver, 1/4 In. and 1/2 In. Two-In-One Bit/Socket Impact Driver and (2) 2.0 Ah Batteries

Bosch GXL18V-232B22 18V 2-Tool Kit with 1/2 In. Compact Tough Drill/Driver, 1/4 In. and 1/2 In. Two-In-One Bit/Socket Impact Driver and (2) 2.0 Ah Batteries
BESTSELLER NO. 19 in 2021
  • Compact power combo kit – Two 18V tools (impact driver and drill) designed to fit in tight areas and to provide outstanding power, two 18V batteries and a charger
  • The Bosch Freak impact driver’s two-in-one bit/socket chuck – includes a 1/4 in. quick-change hex shank with power groove and a 1/2 in. square drive chuck, for using either bits or sockets
  • More compact, updated drill motor – provides the same power in a lighter weight
  • Powerful, efficient impact driver motor – delivers a max of 1, 600 in. -Ibs. of torque for professional power
  • Hammer-and-anvil system in impact driver – designed for maximum impact endurance

Bosch Power Tools Drill Driver Kit DDB181-02 - 18V Cordless Drill/Driver Tool Set with 2 Lithium Ion Batteries, 18 Volt Charger, & Soft Carry Contractor Bag

Bosch Power Tools Drill Driver Kit DDB181-02 - 18V Cordless Drill/Driver Tool Set with 2 Lithium Ion Batteries, 18 Volt Charger, & Soft Carry Contractor Bag
BESTSELLER NO. 20 in 2021
  • Compact: Most compact cordless 18 Volt power drill driver, 3 pounds Of lightweight design allows for optimal handling in even the tightest spaces
  • Light Weight : Lightest weight 18V electric battery powered compact drill driver for more efficiency and less fatigue during the toughest impact drilling or screw driving applications
  • High Torque & Speed: High torque and speed at only 3 pounds, The Bosch DDB181 02 Provides 350 pounds Of optimized torque for powerful fastening and 1,300 RPM for fast, efficient power drilling
  • Convenience: Includes LED Light illuminating the darkest work spaces and contractor bag for portability making it the complete power tool
  • Variable Speed: 2 speed transmission, one for heavy duty projects and one for speed, both provide optimized torque and efficiency for powerful screw driving and precise drilling

Preparation of the Business Plan for a Company in the Power Tool Industry

I foresee a conceptualized vision of the company as one that is focused on developing and bring the best quality power tools to the market.

The first issue is to define the identity of this company. Thus, creating a mission statement is the first place to start. In order to create a mission statement, we can start by preparing a brainstorming session with key stakeholders of the corporation. The key stakeholders can include the board of directors and top management. Since most young business starting out is a family owned business; the first place to start a brainstorming session will be with the family owners. The idea is to get everyone's input on the purpose and values of the company. The next step in the process is as a team, rank the ideas that are brought to the table from this brain storming session. You then choose the top five to seven ideas and then discussing them as a group in greater detail. Using those ideas, we can then create a mission statement based upon those ideas and keep refining the mission statement until it is the teams "vision" of the identity of this company. Included in this vision for this company, will need to consider the corporate social responsibility and ethics. Commonly known as CSR, it is an obligation of organizational decision makers to make good decisions.

Value proposition is the description of the customer problem with this companies products and the solution that addresses the problem. Customer value proposition is about creating value to your customer. Competition is about the value to the customer, creating the value and then capturing it for the company. Since this company services both consumer and industrial power tools, their circular saw's has a very strong brand equity and loyalty among professionals and consumers. The problem is the rest of the product lines is only 3% and is considered low to moderate amongst end-users. Another key element of the value proposition is the cordless power tools vs. the cord power tools. The growth rate is the cordless power tools are dependent upon the battery technology. The solution is to be sure our engineering department is on top of the market trends in battery technology and to continue to improve our cordless line. Having this competitive advantage is what is going to sets this company apart from its competitors.

In order to accomplish our strategic objectives, we will need to determine which principle this company should use in formulating and implanting these strategies. The three views that provide clues to understanding the competitive advantage are Industrial Organization (I/O), Resource-Based (RBV), and the Guerrilla view. Industrial Organization deals with competitive environment of the company and how it influences its competitive advantage. The Resources-based view deal with the company's using the company's resources in order to maintain competitive advantage. Lastly, the Guerrilla view, which is best, suited for this company, looks at the market s continuously changing due to changing is technology or market instabilities. As the technology of power tools continues to grow and change, especially in the cordless power tool market, we can expect the market to be unstable and will need to grow and adapt as a corporation to these changes. This company must rapidly adept to these changes in the market. Another issue that this company must concern themselves with is the growth of large retailers that offer both industrial and consumer power tools to the masses. Having these large retailers with established distribution channels to keep the cost of professional power tools down to the everyday consumers will allow for the consumer market to grow into more professional type power tools. The industrial channels are declining at a rate of 5% per year where as the consumer channels are experiencing tremendous grown at a rate of 20% per year.

In order to implement our strategic objectives we will need to be sure that company resources are set aside to include proper research and development and design for the cordless power tool market. Considering that the cordless power drill segment is the faster growing at a rate of 10% versus only a 3% growth rate for the corded power tool market. Furthermore, as the battery technology becomes more efficient and smaller we can continue to improve the design of our cordless power tools.

In order to improve and refine the strategic objectives, we will need to improvement feedback mechanisms to evaluate the effectiveness. Such feedback mechanisms will include customer surveys and professional development surveys, which we will include in each power tool sale. We can measure this feedback based upon the positive and negative feedback from the customer. A good time to do this is during the registration of the warranty for the power tools. Given the nature of our tools, customer demonstration in major consumer distribution channels giving our sales force the opportunity to speak directly with customers about their needs and wants in power tools is another good way to obtain feedback. Internal feedback will be sought after though the use of regular meetings with departments and department heads to ensure that the vision of our company is implemented.

Another approach is to use a 360 Degree review. The advantage to this type of review is it "Provides well-rounded feedback from peers, reporting staff, co-workers, and supervisors. This can be a definite improvement over feedback from a single individual." (Heathfield, 2020, pg 2)

During the continuing process of strategic management process, we will need to isolate each step individually in order to study the effectiveness of the process. It will be an ongoing process whereby we have the formulation, implementation and evaluation. It will be a constant growing evolution process.

I foresee a conceptualized vision of the company as one that is focused on developing and bring the best quality power tools to the market. In addition, as we grow from a family owned and operated company to a foreign conglomerate; we provide a smooth change for its employee's along with value to the stakeholders of the company. All employees will implement the vision of the company.

References:

Franklin Recovery Mission Statement Builder, 2020, accessed on July 7, 2020 from n;=missionstatement

Hammonds, Keith, July 2000, Issue 37, Page 274, Fast Company, "Value Propositions The five propositions that strategists David Bovet and Joseph Martha say help companies create value for their customers." [Electronic Version] Retrieved on July 7, 2020 from

CTU, Phase 1 Business Strategy,

Heathfield, Susan M., 2020, "360 Degree Feedback: The Good, the Bad, and the Ugly" [Electronic Version] retrieved on July 7, 2020 from

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