BSBESB304 Case Study Information_6489772b2d1d6418a4d9c6b7eac0095a

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BSBESB304 - Determine resource requirements for new business ventures Case Study Information
Case Study Information: BSBESB304 - Determine resource requirements for new business ventures Contents Introduction ...................................................................................................................... 4 1A. About your role .......................................................................................................... 4 A note on Grow Management ....................................................................................................... 4 2. Important information for Task B ......................................................................... 5 2A. About Grow Management Consultants .................................................................... 5 2B. Establish resource requirements of new business venture- Analyse business profile and consult with required personnel to determine business requirements for resources .......................................................................................................................... 5 Grow Management‘s Business Profile .......................................................................................... 6 Grow Management‘s Operational Plan ......................................................................................... 7 Grow Management‘s Financial Plans ............................................................................................ 9 Physical Resources ..................................................................................................................... 11 Human Resources ...................................................................................................................... 11 Intellectual Resources ................................................................................................................. 11 Financial Resources .................................................................................................................... 11 2C. Analyse factors impacting type and quantity of required resources and consult with personnel to discuss .............................................................................................. 11 2D. Record proposed type and quantity of required resources ................................. 14 Record of Resources required .................................................................................................... 14 Financial plan analysis ................................................................................................................ 15 3. Important information for Task C ....................................................................... 16 3a. Research and evaluate options for acquiring resources and determine reliability, risk, cost, and ease of access to service and support ................................................ 16 Reliability ..................................................................................................................................... 16 Risk ............................................................................................................................................. 17 Cost and Support ........................................................................................................................ 17 Price ............................................................................................................................................ 19 Storage ....................................................................................................................................... 19 Security & Safety ......................................................................................................................... 20 Choice of Resources ................................................................................................................... 26 Final costing of resources ........................................................................................................... 29 3b. Engage with suppliers and other key people to negotiate supply of resources. 30 Supplier response for Resource 1: ThinkPad X1 Carbon Gen 10 - Intel® Evo™ + IInet- Small Business NBN™- NBN100 .......................................................................................................... 30 Supplier response for Resource 2: Microsoft 365 Business Basic package including Microsoft Teams meeting capability ........................................................................................................... 32 3c. Select and document resources to be acquired and seek approval .................... 34 Case Study Information: BSBESB304 Version: v.23.0 Page 2 of 49 Developed by: ACBI Approved by: DoS Issued: May 2023
Case Study Information: BSBESB304 - Determine resource requirements for new business ventures Resources chosen/Delivery timeframes + Costs of resources .................................................... 34 Justification: ThinkPad X1 Carbon Gen 10 - Intel® Evo™ .......................................................... 35 Justification: IInet- Small Business NBN™- NBN100 .................................................................. 36 Justification: Microsoft 365 Business Premium package ............................................................. 37 Conclusion .................................................................................................................................. 38 Approval and Further Action ........................................................................................................ 38 4. Important information for Task D ....................................................................... 39 4a. Design procedures for effective and efficient introduction and use of selected resources ........................................................................................................................ 39 Grow Management Resource Introduction and use – Process ................................................... 40 4b. Ensure procedures are in place to monitor resource use and maintain, repair and replace resources ................................................................................................... 41 Grow Managements Resource monitoring Corrective Action Form and Register Procedure ...... 41 5. Role Play Instructions .......................................................................................... 43 5A. Role play briefing instructions for Meeting 1 (QB2) .............................................. 43 Case Study Information: BSBESB304 Version: v.23.0 Page 3 of 49 Developed by: ACBI Approved by: DoS Issued: May 2023
Case Study Information: BSBESB304 - Determine resource requirements for new business ventures Introduction To enable you to complete your assessment for unit BSBESB304 - Determine resource requirements for new business ventures a case study has been provided. For further details, please read the information below. 1A. About your role In this case study, you are a David Grey, Resource Manager for Grow Management . Your role involves identifying resources required for the new Grow Management business; selecting options for acquiring them; and developing procedures and systems for introducing, using and maintaining them. . A note on Grow Management Please note Grow Management is a fictional business developed for the purpose of this assessment. Case Study Information: BSBESB304 Version: v.23.0 Page 4 of 49 Developed by: ACBI Approved by: DoS Issued: May 2023
Case Study Information: BSBESB304 - Determine resource requirements for new business ventures 2. Important information for Task B 2A. About Grow Management Consultants Grow Management Consultants is a brand new business consultancy firm which is just about to begin operations It will offer a range of services such as: Web based coaching and training of businesses in relation to operations and process and policy training Short videos ( bite size tutorials) that target key areas of on boarding and induction training usually missed by large corporations Consulting on business compliance Services will be offered Australia-wide to begin with and the CEO has also heard from his network of friends and colleges that Egypt and Russia are interested in his services. The company also plans to write and produce books on a range of topics about operations and systematic compliance in the business space The company was established by its Principal Consultants, Paul Burns and Sammy Martin, both of whom are Directors. The company employs four Senior Consultants, a Resource Manager, A Training Manager, an Office Manager, Administration Officer, and a Receptionist. Grow Management also employs a 15 year old weekend worker who will clean the office and stock up the equipment and order new supplies Grow Management are also actively looking for a new office as they want to create a more innovative and creative space for their employees. Paul Burns and Sammy Martin meet with David Grey to discuss the remaining resource requirements Grow Management needs to begin operations. 2B. Establish resource requirements of new business venture- Analyse business profile and consult with required personnel to determine business requirements for resources David meets with Paul Burns to discuss the new business. Case Study Information: BSBESB304 Version: v.23.0 Page 5 of 49 Developed by: ACBI Approved by: DoS Issued: May 2023
Case Study Information: BSBESB304 - Determine resource requirements for new business ventures Paul shares the Business profile and financial plan with David and lets David know that they now need to source the remaining resources for the business so they can hit the ground running Grow Management‘s Business Profile Grow Management Consultants is a business consultancy firm It offers a range of services such as: Web based coaching and training of businesses in relation to operations and process and policy training Short videos ( bite size tutorials) that target key areas of on boarding and induction training usually missed by large corporations Consulting on business compliance Services will be offered Australia-wide and Grow Management will also be offering electronically created books on a range of topics about operations and systematic compliance in the business space. The company was established by its Principal Consultants, Paul Burns and Sammy Martin, both of whom are Directors. The company employs four Senior Consultants, a Resource Manager, A Training Manager, an Office Manager, Administration Officer, and a Receptionist. Certifications The GM team environment adopts a sustainable practice culture incorporating corporate social responsibility practices and is currently working towards the ISO 14001 Certificate. Grow Managements Mission Become the market leader in terms quality teaching, support, resources that are web based rather than print based by offering technology based training webinars to companies to allow for less flying and carbon foot printing. To introduce new e books and use these as a print based resource for customers. Grow Managements Financial Goals Increase Revenue to +$1,000,000 pa at NPM not lower than 25% Grow Managements Business goals Case Study Information: BSBESB304 Version: v.23.0 Page 6 of 49 Developed by: ACBI Approved by: DoS Issued: May 2023
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