Operational Planning

In: Business and Management

Submitted By djtimtiiim
Words 5271
Pages 22
DIPMGTOP14 Operational Planning

Assignment Part One

Submitted By : Tim Avenell (00123920T)
Submitted To : Vincent Le
Submitted On : ??/03/2015

DIPMGTOP14 Operational Planning

Submitted by Tim Avenel
Dated: 21/03/2015

Table of Contents
CONTENTS
Task 1: Developing the plan ..................................................................................................................... 3
Executive Summary: ............................................................................................................................. 3
Chain of Approval ................................................................................................................................. 5
Stage 1. Presentation of report to line manager. ............................................................................. 5
Stage 2 Presentation by the Project Team to the Sustainability Committee ................................... 5
Stage 3: Presentation of the Report to the Executive Management Team ...................................... 5
Stage 4: Presentation of the Report to the Board of Directors ........................................................ 5
Project Initiatives ...................................................................................................................................... 7
Goal: ..................................................................................................................................................... 7
Objectives: ............................................................................................................................................ 7 progress Monitoring ............................................................................................................................. 8
Outcome:…...

Similar Documents

Planning

...For the strategic planning aspect of Sandwich Blitz, Inc., Dalman and Lei should start by clarifying the company’s overall plan. Dalman and Lei should be sure their unit managers and staff employees are all on the same page. Dalman and Lei need to start devising a plan to effectively implement the company’s vision and core values. They also need to plan how a timeline for these changes to be put into place. For tactical planning, Dalman and Lei should devise a plan to improve the company’s sales, efficiency, and ways to generate more business, for example, Dalman and Lei could come up with a faster way to make their sandwiches, start offering catering services and/or delivery services. Dalman and Lei can also implement new ways to market or advertise their sandwich shops. They currently serve an upscale area with breakfast and lunch menus. Dalman and Lei could incorporate a dinner menu, by doing this they could work their way up to expanding their company and opening more sandwich shops. Operational planning for Dalman and Lei could involve giving their managers at each location the discretion to be able to handle all managerial tasks and operations without having to contact Dalman or Lei. Each unit manager should be given the ability to make the weekly employee schedule, handle the monthly budget set forth by the corporate office, order supplies their store needs, hiring and firing capabilities. By giving each unit manager the ability to conduct all of these......

Words: 284 - Pages: 2

Operational Management

...came with a new strategy called “HELP YOURSELF” 2. Is their operations strategy consistent with the overall strategy? What are the operational elements of Ginger hotels that provide this strategic dimension to the operations? Yes, their operational strategy is consistent with the overall operating strategy. Ginger hotel is a service oriented firm. Their innovative services and products were the main reasons for their business to grow huge and to obtain maximum profits. Therefore it has to offer quality and better services to stay in the market. The services are provided by them in two ways - standardized way and customized way. Standardized way includes the routine services provided like facilities (TV, Heater, AC) in rooms, room services, other things offered by a hotel. Customized services include all the innovative smart services (self – services) provided in this hotel. This kind of flexibility helps them to retain their customers and bring in new customers. Hence Ginger Hotels is consistent with the overall operating strategy Their Operations Strategy is consistent with their as seen from the services they provide. The operational elements that provide them the strategic dimension are: * Self Service Check-In * Smart Services (Get Set, Knick Knacks, Mart) * Give n’ Take Counter 3.Can you identify the strategic and operational benefits that Ginger hotels is likely to derive from the operations strategy and operation system design that it has......

Words: 403 - Pages: 2

Planning

...Foundations of Planning 1 What Is Planning? • Planning – A primary managerial activity that involves: • Defining the organization’s goals • Establishing an overall strategy for achieving those goals • Developing plans for organizational work activities. – Types of planning • Informal: not written down, short-term focus; specific to an organizational unit. • Formal: written, specific, and long-term focus, involves shared goals for the organization. 2 Why Do Managers Plan? • Purposes of Planning – Provides direction – Reduces uncertainty – Minimizes waste and redundancy – Sets the standards for controlling 3 Planning and Performance • The Relationship Between Planning And Performance – Formal planning is associated with: • Higher profits and returns on assets. • Positive financial results. – The quality of planning and implementation affects performance more than the extent of planning. – The external environment can reduce the impact of planning on performance, – Formal planning must be used for several years before planning begins to affect performance. 4 How Do Managers Plan? • Elements of Planning – Goals (also Objectives) • Desired outcomes for individuals, groups, or entire organizations • Provide direction and evaluation performance criteria – Plans • Documents that outline how goals are to be accomplished • Describe how resources are to be allocated and establish activity schedules 5 Types of Goals • Financial......

Words: 1118 - Pages: 5

Operational Budget

...Phase 4 DB HCM410-1303B-02 September 14, 2013 Operational Budget with addition of 4 new areas Introduction The Krona Community Hospital, established in 1977, is a 60-bed, acute care hospital located in Banconota County. They currently offer a full range of health care services and maintain a staff of almost 100 physicians and specialists, 400 employees, as well as numerous volunteers. They are currently fully accredited by The Joint Commission. A private, not-for profit health care chain called Nouveau Health has taken over the management of Krona Hospital. The new facility that has been proposed to the state officials for approval, will include 74 acute care beds, all of which will be private. It will also include four observation rooms, four surgical operating rooms, a 24-hour emergency center, a maternity department including one C-section room and an intensive care unit. It will also have extensive support services such as physical therapy and cardiac rehabilitation. In order for the new facility to be a success, we must prepare next year’s financial plan and operational budget. This can be accomplished through careful planning, forecasting, and finance management. First, we need to expand the budget and take into consideration any new services being offered. We have $3 million we can use for additional staff, maintenance and other services. Funding sources The primary source of funding is through government health insurance programs. Medicare......

Words: 1439 - Pages: 6

Planning

...Wikipedia Workforce Planning Definitions[edit] Workforce Planning is the business process for ensuring that an organization has suitable access to talent (potential candidates that have the ability to undertake required activities including decisions making) to ensure future business success. Access to talent includes considering all potential resources (employment, contracting out, partnerships, changing business activities to modify the types of talent required, etc.). The cycle of workforce planning includes filling resource requests, analyzing resource utilization, forecasting capacity, managing and identifying the resources (human) to fill that capacity, and then restarting the cycle.[2] Strategic Workforce Planning is the framework applied for Workforce Planning and Workforce Development, where the links between corporate and strategic objectives and their associated workforce implications are demonstrated. Strategic Workforce Planning takes into account the projected loss of knowledge through employee exits and the projected knowledge requirements for sustaining and progressing the business. Knowledge requirements may include technology, new skills, new roles, documentation of key workforce intelligence or new business demands. Operational Workforce Planning is initially processed based and focused on building understanding and capabilities in Workforce Planning, supported by simple tools, templates and techniques. Once established and practiced, these tools,......

Words: 331 - Pages: 2

Operational Management

...contribute to low inventories. Planning and control of many JIT techniques are directly concern with pull scheduling, kanban control, levelled scheduling, mixed-model scheduling and synchronization of flow (Slack, N., et al, 2001). 4. Toyota has played a big role in transforming Japan into one of the capitals of the automotive world. Also, Western companies that have adopted Toyota’s production system have improved productivity and efficiency and a good example, which is mention on the coursework, is the joint venture (NUMMI). The 2000 IndustryWeek Census of manufactures (Coursework) shows that world-class plants have widely adopted just-in-time/continues-flow production and all methods that Toyota began developing 60 years ego. Moreover, analysis of IndustryWeek’s Best Plants winners from 1991 to 2000 shows that the vast majority use lean-manufacturing practices extensively. 5. In spite of its world-wide success, many critics have seen TMC methods pessimistically. Parker and Slaughter (1988) who studied a plant run jointly by Toyota and General Motors in California – New United Motors Manufacturing Intercorparated (NUMMI) were critical of Japanese teamworking, describing it as part of an overall management package which they labelled ‘management by stress’. In their view, what appears to be participation is in fact a new form of exploitation. (Hill, S., 1991) In the event, while circles (TMC’s production system) promoted minor operational improvements, they......

Words: 1635 - Pages: 7

Strategic and Operational Planning

...Marc Malone Strategic and Operational Planning May 17, 2010 “Within an institution of higher education, who should have access to various types of data in order to enhance their performance in their work role(s). Who should make the determination of access of what data?” In order to enhance performance in work roles in institutions of higher learning, it’s suggested that the faculty/staff should have access to the various types of data. These should include administrators, educators, coaches and mentors within the institution. With access to this data, faculty should have a better understanding of the necessary actions that are essential to execute the performance in the work roles. Data driven planning or evidence based decision making is referred to in higher education as outcomes-based program review. Data driven is defined as a systematic process that gathers programmatic outcomes based assessment data and combines that data with trends and forecasts as well as the institutional goals and vision. Many colleges and universities are based and rely on information data. It gives a look at the student body as a whole as well as the changing atmosphere in the future. There are 2 primary challenges when faced with data driven planning. 1. How to keep information accurate and secure. 2. How to make sure that the information is handled properly and is not share with individuals unauthorized to view said info. Will keep determine who is able to access the......

Words: 303 - Pages: 2

Operational Planning of the Walt Disney Company

...Organizational Planning of The Walt Disney Company The Walt Disney Company is a leader in family entertainment, spanning the globe with its many subsidiaries in dozens of countries. Founded in 1923 by Walter and Roy Disney, the company was known then as The Disney Brothers Studio. Over the years, the name changed, additional companies were added, and the vision statement grew to focus on three fundamental pillars: “generating the best creative content possible; fostering innovation and utilizing the latest technology; and expanding into new markets around the world” (The Walt Disney Company, 2014). Disney has many strengths, one weakness, many opportunities for growth, and a few threats that create a challenge for this global leader. This paper will discuss these items as they relate to the operational and strategic goals of the company. Disney’s strengths include having a significant customer base for its cable channels, having many diversified entertainment businesses, and having increased profits in the past decade (The Walt Disney Company, 2012). The biggest weakness that Disney has identified is that 75% of their revenue in 2011 was generated from customers in the U.S. and Canada. This is an opportunity for expansion of their operations to bring Disney entertainment to other parts of the world (The Walt Disney Company, 2012). The opportunities that Disney can develop include expanding their presence in emerging economies including Russia, China, Asia......

Words: 724 - Pages: 3

Operational Approaches

...The response addresses the queries posted in 1725 words with references. //As per the directions, the section explains about the operational approaches that can be used for service and manufacturing organizations. It discusses the important operational approaches like Customer Relationship Management (CRM), Enterprise Service Management (ESM), Supply chain Management (SCM) and Decision Making Framework (DMF).\ To serve the different needs and expectation of various customers effectively, it is necessary to implement effective operational approaches, which enable the organization to meet the standards of particular industry. There are various operational approaches for a service and manufacturing organization, which are necessary for increasing the productivity and efficiency of the organization. I have chosen consumer relationship management as an operational approach for service organization and supply chain management for manufacturing organization. Operational Consumer relationship management: It is used to handle relationship with customers and assists the front office business processes such as marketing, sales and service. Each contact with the customer is added to the contact history of the customer, which can be used later by the employees to analyze information from the customer's database. This CRM practices the data of customer for a number of purposes such as to manage different campaigns, sales force automation and marketing automation. Enterprise......

Words: 1819 - Pages: 8

Operational Management

...(manufacturing) (transportation/ warehouse) (retail) (health care) (entertainment) (communications) Food Processing Industry Inputs Raw Vegetables Metal Sheets Water Energy Labor Building Equipment Processing Cleaning Making cans Cutting Cooking Packing Labeling Output Canned vegetables Hospitals Inputs Doctors, nurses Hospital Medical Supplies Equipment Laboratories Patients Processing Examination Surgery Monitoring Medication Therapy Output Healthy patients What Is Operations Management? • A simple definition: The set of activities that creates goods and services by transforming inputs into outputs. • Operations management is the management of systems that produce goods and provide services. – It includes planning, designing and operating systems to achieve goals of the organization. How to Evaluate Operations? Given the choices, how do customers decide which product to buy? 11 Competitive Priorities Given the choices, how do customers decide which product to buy? Cost/Price 12 Competitive Priorities Quality  Conformance to specifications/reliability  Special features/performance  Consistency 13 Competitive Priorities  Speed/Time  Delivery Time/Responsiveness  Product Development Speed 14 Competitive Priorities Flexibility  Product Flexibility (Customization)  Volume Flexibility 15 Competitive Priorities Other Dimensions  Convenience  After Sales......

Words: 1280 - Pages: 6

Operational Planning

...Content I. Introduction 2 i. Introduction of the product……………………………..2 ii. Introduction of the country……………………………..2 II. Overview 2 i. Tea culture of British…………………………………....2 ii. Communication style of British…………………………3 iii. Relationship between China and British………………..3 III. Differences between your country and chosen country 3 i. Time zone 3 ii. Mode of communication 3 iii. Currency and exchange rate 3 iv. Politics and religions 4 IV. Conclusion 4 V. Reference 5 I. Introduction. i. Introduction of the product Black tea from Yunnan is among the most robust but refined black teas produced in the whole world.Typically Yunnan Black teas are made from Assamica or Assamica hybrid. Since the end of the Second World War Yunnan Black teas have steadily increased in popularity and in the last 20 years a series of interesting hybrids were developed that greatly enhanced both the diversity and taste of the tea.Black teas vary according to their hybrid, harvest season, pick style, and processing. The tea is sour and thick when young, but ages well and develops textures of red wine and fruit with a little age. British may be surprised about making tea with milk using Yunnan Black tea.The reason behind its good taste is based in the fact that the combination of theanine amino acid contained in tea and melatonin and B-complex vitamins contained in milks offers superior relaxing effects. ii. Introduction of the country Great Britain,......

Words: 1329 - Pages: 6

Operational Plan

...Manage Operational Plans | BSMMGT515A | TASK ONEDevelop an Operational PlanNKONDE SIMWANZA WAI00002EU | OFFICEMAX OfficeMax is one of the most leading retail shops in Australia. The company has a number of stores in around Australia that mainly specializes in selling office products. The products sold range from various departments but still cater for households and business of every size. We do provide customers with ways to shop in store where customers enjoy friendly expert advice and helpful services as well as online purchases through the company’s website. Figure 1.1 OfficeMax ORGANISATIONAL CHART Table 1.1: OfficeMax Consultation Strategy WHO TO CONSULT | REASON FOR CONSULTING(WHY) | WHAT TO CONSULT | METHORD OF CONSULTATION | Sales Manager | * Acts as the voice of the customer to the rest of the team /company | * Sales assessment * Market recognition to * identify new customers and prospects * Recruiting of new employees | * Meetings * Email conversations | Production Manager | * Give product demonstrations in Trade and analyzing investments in trade * Creates trends and puts value in them more than actual research. * A production manager assesses, oversees and selects projects under quality and specialization. | * Technological diversity * Product control method in order to improve how goods and services are being produced | * Group meetings * Focus groups | Marketing Manager | * Provides advice and......

Words: 6674 - Pages: 27

Operational Plan

...Operational Plan James Sweeney MGT 601 The Functions of Modern Management Professor Dr. Key Baron Smith July 13, 2015 For the purpose of this paper we are going to assume that the Strategic and Tactical Plans are aligned with the operational plan. The operational plan is then the implementation plan of the Strategic and Tactical plan that has been developed and approved by mid and upper management. The name of the company is Sweeney’s Medical Device Inc. and employees approximately 200 employees and has annual; sales of $90 million.. The company has one manufacturing facility that is located in the United States. The company produces and manufactures medical instruments that are affordable for the medical industry. The following is a brief review of the planning process, vision, mission statement and values of the company are as follows: For a brief review the operational plan can be defined as a plan prepared by a component of an organization that clearly defines actions it will take to support the strategic objectives and plans of upper management. However, to fully understand operational plans, we should first look at the overall planning process within a business. This diagram shows three levels of planning. Type of Plan | Created By | Scope | Includes | Level of Detail | Strategic plan | Top management | Entire organization | Mission of the company, future goals and ambitions | Very broad and general | Tactical plan | Mid-level management |......

Words: 6331 - Pages: 26

Operational Plan

...you must plan, monitor and review a case study relating to performance management of a team. Each team member will undertake a number of activities to manage the performance of one of the two employees. This will include management activities, such as developing work allocations, identifying KPIs, participating in several role-plays, undertaking performance reviews, and proposing a development plan for remedying poor performance by the Employee under your supervision. Finally, you will need to provide feedback to your assessment partner on performance during a role-play. Procedure 1. Review the Case Study – Housefriends Homewares (Appendix 1) or one supplied by your assessor 2. Complete the Operational Plan (Appendix 2). As the Store Manager you are to report your operational plan to head office to have the following completed by the extended trading deadline. 3. Read the profiles in this assessment. In pairs, adopt the role of Manager for that Employee (Marie or Tony). 4. Individually develop goals, KPIs and tasks for the Employee you have selected. Document these in the Employee’s Performance Management Plan (Appendix 3). 5. Prepare role-play notes to plan the topics you will discuss and outcomes you hope to achieve, these will assist you to keep the role-play meeting on track. Submit these with your documentation. 6. Conduct two one-on-one coaching role-plays (one with you as the Manager, one as your partner’s Employee). The Assessor will observe......

Words: 2804 - Pages: 12

Planning

...AUDIT PLANNING AND SCOPING CHECKLIST NAME OF ASSIGNMENT | | LOCATION | | ESTIMATED START AND COMPLETION DATES | | ESTIMATED ASSIGNMENT HOURS | | No. | Step | 1. | Obtain all instructions and scoping decisions made during overall audit planning as a means of ensuring that detailed planning will be consistent with such requirements. | 2. | Obtain and consider planning memoranda and related work papers for similar engagements and make best use of these sources during planning. | 3. | Obtain and consider the following for the most recent internal audit of the auditable unit and consider whether any of this material could be updated and re-used: * Previous work papers * Most recent report * Status of management action on all findings | No. | Step | Reference (e.g., to supporting documents) | Done by orN / A | 4. | Determine whether any work needs to be done to verify management’s remedial actions on previous internal audit findings reported as cleared. | | | 5. | Consider the work planned for / already done by the external auditor for this auditable unit (normally this is done through periodic meetings rather than on an individual auditable unit basis) and determine the impact this may have on the nature, timing and extent of the internal audit work now being planned. | | | 6. | Consider any documentation or testing performed by management to discharge their Sarbanes-Oxley responsibilities or as part of a self-assessment process, then......

Words: 698 - Pages: 3