For example, the type of industry the business is operating in or the risks involved into entering new markets. These strategies can be linked to The Ansoff Matrix also known as the Ansoff product and market growth matrix is a marketing planning tool which usually aids a business in determining its product and market growth. This is usually determined by focusing on whether the products are new or existing and whether the market is new or
If the company engages an operational product planning tactic interconnected with a vast quality progression that focuses on market needs and customer needs, the company will succeed with new products in the current market. A further quality procedure for BJB Manufacturing Company would be to make sure successful product proposals are generated through consultations through corporate management, and manufacturing groups. This is done because groups will have important product information that can help other group’s complete individual sections of the business plan. It is vital that each section of BJB Manufacturing Company comprehend the company intentions and product course so that the company can design product plans, merge quality procedures, and adhere to planned practices.
The strategic plan will help provide better, more targeted service to its clients and will be more specific on how the company will go about achieving company goals. The strategic plan will help Riordan’s executives understand the company’s direction by reviewing past progress and making changes to improve and grow. The strategic plan is an organizational tool that will help keep Riordan on track to meet growth and financial objectives. Need for a Strategic Plan Successful businesses are effective at identifying opportunities for growth and ensuring every manager has the same goals. For Riordan to further strengthen their strategic plan, they can develop a financial model based on their income and cost assumptions they would anticipate under the plan (Mikrut, 2010).
TLIP4001A ASSESSMENT ACTIVITY 1: How can examining future opportunities and directions help towards the contribution of a shared vision and values for the workplace, and the shaping of business goals and objectives? A customer service delivery plan is a strategic and tactical plan for achieving marketing objectives. It is a detailed document that determines how new business will be acquired and how the existing customer base will be maintained and strengthened. Customer service delivery plans are not just about targets and how to achieve/exceed these targets. ASSESSMENT ACTIVITY 2: Why is it necessary, as part of the planning process for customer service teams, to review previous performance and successful approaches and to identify factors affecting performance?
In order for the plan to be successfully implemented and adopted, it is vital for the BCP manager to communicate the benefits of the plan to management and to everyone with an active role in the execution of the plan. In addition, the CEO will communicate the plan to all corporate employees to give everyone a general awareness of the project. Communicating the plan’s objectives and benefits can be done through a combination of e-mails, presentations, newsletters, and meetings. After the business contingency plan has been communicated, the first step in implementing the plan is to identify the employees who will be directly involved in executing the BCP. Those directly involved will also include the Board of Directors and executive leadership.
Corporate has to establish a sense of urgency letting employees know what the company current weakness is and what the goals that they are trying to achieve are. Corporate will need to put the associates in direct contact with the unhappy customers as well as having the associate effectively trained to assist customers once this new technology is installed. Secondly, Sandwich Blitz has to create a guiding coalition by putting together their managers and supervisors to work as a team with the power to lead the change that the company is about to face. At this point the company will need leaders to motivate the sales associate to adopt the changes with a positive attitude. It will also be a smart practice to assure employees that the changes in technology will not replace the human resources.
It has also identified appropriate organizational structures for this company that will support in accomplishing the change. The paper has then referred to the company’s culture by identify its characteristics, as well as the possible influence of this culture on the behavior of the employee. Riordan should consider implement the specified changes that are included in the change management plan and they should also implement the communication plan that will help follow the change plan
The whole process of benchmarking is to identify the best practice in relation to the product or process within the particular industry. This benchmarking technique is a management tool through which a plan for evaluation, measurement, and improvement is implemented. It seems as though with our team these tasks have been completed. Within the actual business and the shift workers we have to make sure that we identify the best practice for each shift in which there are many different tasks listed in the column chart. All managers should benchmark the organization in order to assess all of the performance on each shift by providing all of what they can measure in a consistent manner across the organization.
Also will need to establish the productivity measures and compare those with the company or organization figures. Lastly, the manager will need to have a team meeting; take contribution on achieving the goals set by the manager, and institute a common goal for the teams. The transformational leadership style will work for the restructuring strategy with the new management practices, because the teams are mature and under the strong leadership of new management. In order to allow the new transformational leadership to be effective, one will have to recognize critical competencies, educate their employees, and motivate, empower, and encourage the teams to facilitate them to focus on accomplishing their goals effectively. It is important to engage the employees in the critical thinking process, decision making process and setting a common subsidiary goal that will be able to help the specialists to merge well with the existing teams.
Although many organizations claim that they are adaptive organizations, in fact it involves searching and exploring new opportunities and implementing something for the first time. Consequently, adaptive reaction to change should be learned through a complete process. Organizational leaders can guide to general employees in this subject. According to Whiteny and Younker (2005), “Customer will adjust their expectation of a business based on their experience with all business they deal with” (p. 17). Thus, to meet moving customer expectation, business should find how to adapt with