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Task 1 -

You have been given a business plan - Vocational Hotel, attached as Appendix A. You are required to re-write the business plan as the current business plan does not work for the company. You are among the senior management member having your role and responsibility to determine the effective functioning and success of the organisation. Directors are planning to rebrand the company with a complete new mission and vision. The Directors have asked you to identify, review and evaluate their existing business and modify it so that new venture can have smooth and profitable-business operations. You are also required to oversee the work of other departments. You are required to perform the following tasks as required by the directors:

  • Review and evaluate strategic plan
  • Review and evaluate business plan
  • Review and evaluate operational plan
  • Analyse existing mission, vision, values and objectives
  • Identify stakeholders
  • Identify product or service strategy, pricing strategy and target market
  • Develop KPIs and benchmarks and modify them accordingly if required
  • Identify financial and human resource requirements for business
  • What laws and legislation requirements are to be followed as per standards?

You are now required to communicate new business plan to all stakeholders. You can assume your assessor as stakeholder. You can communicate him verbally. However, the observation sheet attached must be filled for each student. You also need to ensure that all business reports (financial and non-financial) are in user-friendly format.

Report to directors on any system or product or service failure, and any variance to business plan student has noticed.

Task 2 -

Your Warehouse Manager has gone on annual leave and you have been given an added responsibility Warehouse Manager, You have evaluated the current performance and targeted performance. You are now required to analyse the performance report against planned objectives to increase its productivity efficiency.

Area

Current performance

Performance target to achieve 10% productivity improvement

Required corrective action

Time Averages order processing time

80 minutes

72 minutes

 

Cost Average cost to process and order

$200.00

$180.00

 

Quality Error rate

10%

Less than 1%

 

Production Average number of orders processes per day

50

55

 

Attachment:- Assignment File.rar

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92407228

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