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2: Developing a Business Plan Complete the next section before meeting with relevant stakeholders. Plan to meet with relevant stakeholders (at least two) Who will you meet with? How will you demonstrate your
ability to: lead others facilitate group interaction influence the direction of the outcomes present information/seek advice? Meeting with the stakeholders: a.team The meeting will be held in the designated area, c
Meeting the team will be presented in the formal an
emails, chats (informal), text messages (informal) a
room, by opening discussion, by presenting the bus
feedback from the stakeholders b.supplier and vendors The meeting is presented on Powe
that the team goes in the way we need but not dem
Schedule meeting Insert a screen shot showing the meeting in your calendar. Insert a screen shot showing that the meeting invites has been sent to meeting participants. BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 0287765
Complete the next section after you’ve met with relevant stakeholders.
Note: If your meeting was not viewed in person by your assessor, attach
proof of the meeting to this section of the portfolio. Performance and productivity targets. Summarise the agreed performance objectives and measures for your Business Plan. What are the agreed key result areas (at least three)? What are the agreed productivity and performance targets (include at least one financial indicator such as revenue)? a.Review and evaluate pre-existing strategic
b.Analyse and interpret business vision, mis
c.Review market requirements, profile custo
d.Develop performance objectives and meas
e.Identify financial, human and physical reso
f. Consider any permits or licences that may
BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 12
Business Plan. Business Plan for: AKBAR’s FAST DELIVERY Duration of Plan 2022 – 2023 Business Description AKBAR’S FAST DELIVERY has been established as a courier company
that has been providing service since 2 years in the New South Sales. The main activity of the company is to provide the deliver medium to large size packages across metropolitan Sydney. Currently the company has built a solid reputation over the past 2 years, and this has been reflected in their growth and profit margins. The owners of the company want to run the business staying in the safe
side and they want to create a success with a small, experienced team, close personal ties with clients and a reputation for reliable, low cost service. Moving forward, their vision for the company is to retain those strengths and core values through any expansion process. The company also develop and implement a business plan has sufficiently stable and experienced, and in a financial position to expand the business without risk to their current financial stability or reputation in the current stage. The company is currently unable to meet this demand in some of the regional areas and therefore some potential clients have been lost. This
became a motive to expand operations for both financial and customer service reasons
. Products, services and/or initiatives Their primary business function is delivering medium to large size packages across metropolitan Sydney. The business product/ services that a fast track courier is providing is to:
a.Provide the delivery service across metropolitan Sydney and the suburbs b.Provide fast courier service c.Provide good customer service Productivity and performance objectives and measures What are the performance and productivity targets (including financial indicators) to address the key aspects? How will the targets be monitored and measured (i.e., what is the performance measurement system for the target)? Product/Service/Initiative Target Measurement system Provide the delivery service across a. Maintaining position and stability in the city of Sydney Customer’s satisfaction form/surveys Social media feedback stars BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 13 metropolitan Sydney and the suburbs b. Reaching out the closest suburb Com
Provide fast couriers services Adding more vans and trucks to increase Wide
the productivity Cust
Good customer services Provide training to the personnel about safety and customer’s expectation Surv
form Resource requirements What financial resources are required for the Business Plan to be implemented? Your financial resources are money available for spending. Typically this includes cash, l
resources should include enough cash or cash-equivalent assets to keep you afloat for th
What physical resources are required for the Business Plan to be implemented? With the expanding of the business, the company is planning to cut down the cost and ma
minimize the cost, the strategy going forward is to remove the need for two drivers per tru
back of each truck, at a cost of $10,000 per truck. Manual systems of recording were repl
the details of each delivery. Which human resources are required for the Business Plan to be implemented (including
The success of an organization is heavily reliant on the talent and strength of its employe
hiring of experienced professionals with track records of excellence within their area of ex
ensures that the mission and goals of the company will be carried out efficiently and with Strong team members can be recruited using a variety of methods. Staffing agencies and
search firms specialize in placing talent of all levels within every industry. An alternative is
employees through referrals from individuals whose judgment is trusted Regulatory requirements What are the regulatory requirements for the Business Plan and its related operations? a.Employment laws The company should have legal obligations when employ people. Th
correct wages, abide by work health and safety (WHS) regulations and codes of pr
compensation insurance for each employee, not act in a way that may seriously da
mental distress or humiliation, comply with any working with vulnerable people or c
b.Marketing compliance Comply with relevant regulations when marketing your products don’t mislead your customers. These regulations include laws on advertising, BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 14 signage, spam, pricing, licencing for using music in your advertising or even playing musi
c. Terms and condition If business operates digitally, you may need to include your policies on your website. The
terms and conditions, Privacy policy, Returns policy. Terms and conditions help establish
website. As your customers may not interact with you directly before purchasing a produc
a contract between you and the customer Marketing strategy What marketing strategy will you follow to achieve your Business Plan? a.Online marketing b.Websites provided c.Ads in the social media d.Discount for the spent for $200 above BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 15 Implement the Business Plan.
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Aln)..
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O long-term plan
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Javarh Moham
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Related Questions
- Which of the following strategies can be used to have an effective meeting? Spend the first 10 minutes on introduction of names and roles. Have bi-monthly meetings every Thursday to share information from each department. Do not set an end time for the meeting. End the meeting with an action plan.arrow_forwardPrimary Discussion Response is due by Friday (11:59:59pm Central), Peer Responses are due by Tuesday (11:59:59pm Central). Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. The Southwest regional manager is having trouble preparing a bid for a lucrative government contract to supply blenders to the military dining facilities in Fort Hood, Texas. Specifically, he has asked for your assistance as he determines his approach to pricing. Complete the following: Define and describe cost-based pricing. Define and describe market-based pricing. In addition, the government contract officer mentioned the requirement to present a fair and reasonable price to be considered for the contract. Identify the guideline or…arrow_forwardDiscussion: A group meeting sometimes is suggested as a useful compromise between interviews and questionnaires. In a group meeting, a systems analyst meets with a number of users at one time. Discuss the advantages and disadvantages of group meetings.arrow_forward
- is a detailed plan used to provide a clear picture of how a team, Aln).. section or department will contribute to the achievement of the organization's strategic goals. O long-term plan O tactical plan O operational planarrow_forwardTo: New Consulting Team MemberFrom: CEORe: Presentation Our consulting firm has just landed the account of a new client. This client is a medium sized manufacturer that sells technological products domestically. The client wants our firm to help it develop a strategy to enter and be competitive in the international market. The first place you will have to start with this project is to get this client's management team to really understand the importance and meaning of the concept of Strategy. Therefore, you will need to explain to them: 1. The definition of Strategy; 2. Why Strategy is important; and 3. Recommend what type of Strategy would be best for this organization and why you choose this type of Strategy. The client wants you to create a short presentation on this topic. I need help with question 3. The book is 99781259732652. Class is MAN3303 Management Leadership Principles. We are reading 5, 6, and 14.arrow_forwardAre the 5 Dysfunctions of a team, attached below, applicable to a University? Why/not? [If you prefer, you may limit your response to a particular group like students, faculty, administration, BBA program].arrow_forward
- Related to business communicationarrow_forward11- A teamwork fostering method that look for individuals who possesses task-oriented management skills and relationship management skills . Group of answer choices a. Recruiting b. Human Resources Practices c. Executive Sponsorship d. Leaders Choice 12 - A teamwork fostering method that keeps the profile of potential employees Group of answer choices a. Recruiting b. Human Resources Practices c. Executive Sponsorship d. Leaders Choice 13 - A teamwork fostering method that help train soft collaborative skills Group of answer choices a. Recruiting b. Human Resources Practices c. Executive Sponsorship d. Leaders Choice 14- Spending time employees and helping them build networks is Group of answer choices a. Mentoring and coaching b. Development of collaborative skills c. Model collaboration d. Cultivate your community 15- Visibly showcasing collaboration is Group of answer choices a. Mentoring and coaching b. Development of collaborative…arrow_forwardThe results of the evaluation of the OD project make a talent placement agency review the information from the satisfaction surveys, as well as the testimonials of its collaborators about the new problems and solutions to be faced. The type of analysis carried out by the company is called: Select one: a.Communication. b.Orientation to metrics. c.Systemic measurement. d.Observation of the environment.arrow_forward
- Please use google looker studioarrow_forwardI am doing a Project Study so please prepare a journal entry sharing your reflections on your experience in the preparation of the data collection document/s you used in your research. My topic is An Investigation into factors affecting participation in cricket among adolescent females in St. Vincent and the Grenadines You are to follow Gibb’s Reflective Cycle as your guide in laying out your reflection.arrow_forwardPLAGIARISM CASE STUDY Instructions: Your task is to read the case study and to write a 500 word analysis of the scenerio and include possible reasons for the plagiarism and suggest concrete solutions to avoid this situation in the future. It is highly recommended that you type your submission first in Microsoft Word, Pages or Open Office and then cut and paste into the space provided below. This will ensure you have a saved copy of the work on your own computer and that you have had an opportunity to use such tools as spell check or word count before submitting your work to your instructor for assesment. CASE STUDY Frank has been conducting research on the science of bog water marshes. He has read articles from the Internet and from various texts in local libraries. As well, he has talked to his father who is very interested in the topic. In his essay, he inadvertently included a significant passage from an Internet source, but although he has written down the words, he cannot…arrow_forward
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SEE MORE QUESTIONS
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Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubUnderstanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning