Business Plans
BSBMGT604A Manage Business Operations:
Main Points:-
(A) Implementation of Tactical and Operational plans. (i) Supply chain of resources to organizations or department set-up and functioning efficiently. (ii) Requirements for skilled labor are fulfilled as per plans (iii) Actions are aligned as per the scheduling needs of plans (iv) Preventive and breakdown maintenance arrangements for business systems are unified into operations (v) Cost maintenance and control systems are executed (vi) Performance measurement systems are checked-up and made functional (vii) Projects are started in keeping up with the project management plan (viii) Co-operation of people, resources and equipment supply produce maximum results. (ix) Products / services satisfy quality and functional specifications (x) Communication / consultation are taken up as per plans (xi) Execution is dependable with the business and strategic plans in place. (Competencies BSMGT604A: Manage Business Operations)
(B)Performance Monitoring: (i) Performance indicators and norms for evaluation are approved and put in place (ii) Indicators / norms are accordant with the organizational goals and planned results (iii) Projects are controlled as per Project Management procedure (iv) Reports prepared in time on every important facet of the business which are available and user-friendly, and reasonable as regards financial and non-financial performance (v) System failures, product failures and chances to plan are reported which they happen.
(C) Respond to performance data: (i) Relevant performance reports are found out and analyzed in detail (ii) System specifications and protocols are evaluated to prevent failure in future (iii) Teams and individuals playing a part to below-performance are trained, and training imparted where applicable (iv) System processes and work methods are routinely evaluated as a component of continuous development. (v) Legislation codes and national standards relevant to the workplace that might comprise: (a) award and enterprise consensus and suitable industrial instruments (b) appropriate regulations from every echelons of government which impact the business operation, particularly in respect of Occupational Health and Safety and environment issues, equal opportunity, industrial relations and anti-discrimination. (vi) Preventive and breakdown maintenance arrangements might comprise (a) "Programmed maintenance (b) Preventive maintenance plans (c) Emergency Response plans." (Competencies BSMGT604A: Manage Business Operations) Performance measurement systems imply those systems which are devised to gather quantitative and qualitative indicators of performance in all Key Results Areas for the organization in order to find out and remediate variances to plans. (Competencies BSMGT604A: Manage Business Operations)
BSBMGT603A Review and Develop Business Plans
Main Points
(A) Development of Tactical and Operational Plans (i) Already available tactical and operational plans have been reviewed and monitored. (ii) Strategic goals are examined and appropriate operational objectives are developed. (iii) Project management protocols are built upon. (iv) Consulting with suitable groups and individuals is made into plans (v) Needs of internal and external customers are found out by consultation and documented (vi) Plans comprise methods for accessing customer satisfaction and getting feedback. (vii) Operational performance objectives, measures and criteria are built up through consultation and with the appropriate groups and individuals. (viii) Tactical and operational plans determine financial, human and physical resource needs. (ix) Arrangement of activities satisfies customer / marketing needs. (x) Plans have clear profitability, productivity and performance targets for important result areas viz. OHS, environment, quality and customer service. (xi) Plans are brief, reasonable and fulfill the needs of the organizations. (xii) Business plans deal with every suitable operational matters, including internal/external environmental factors (xiii) Tactical and operational plans have been put under risk assessment and analyses, and comprise risk management plans. (Competencies -- (BSBMGT603A) Review and develop business plans)
(B) Review of Business Systems:- (i) Reviews are taken up on a regular basis regarding the execution of tactical and operational plans. (ii) Information / reports are present to compare plans, budgets and forecasts to real performance. (iii) Systems are evaluated after discussion with the users and people who are given charge for implementing the business plans. (iv) Systems provide for recognition of variance of system or failure, to permit early interference and quick remediation. (v) Systems watch usage of resource in a timely fashion. (vi) Systems permit for flexible responses to modifying and emerging circumstances. (vii) Systems are available to supply feedback to suitable groups and individuals and regarding their performance. (viii) Systems provide for instant...
Business Management Business Operations and Systems The objective of this study is to outline the essential components for effective business operations management for a UK business whose products are delivered to the door. The parcel delivery conundrum will be examined using an appropriate system and methodology and a discussion will be provided to support appropriate business operations models. Included will be CATWOE, Root Definition and a detailed picture to illustrate the
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