Identify improvements that are appropriate to ensure the viability of the

Identify improvements that are appropriate to ensure

This preview shows page 8 - 10 out of 10 pages.

Identify improvements that are appropriate to ensure the viability of the operational plan Once you have gathered this information, you are to provide a written report that: comments on the effectiveness of the plans implementation reviews the financial outcome (in terms of viability, profitability and productivity) of each strategy outlines the areas of underperformance, along with recommendations for improvements includes an amended version of your operational plan, with the changes highlighted outlines in detail how the changes will be implemented Task 3 Checklist and scope of submission You are to submit the detailed report as outlined above
Image of page 8
BSBMGT517 Assessment 1: Assignment, v1, January 2016 © Apex Institute of Education Page 9 of 10 BSBMGT517 Manage operational plan: Task 1 Observation Checklist Student Name: Student No: Did the student: Satisfactory Yes No Prior to preparing the plan Arrange a time to discuss business plan with supervisor Ask probing questions to clarify business plan Determine business goals and direction Clarify available budgets Confirm expected time-frames After completing the plan Explain plan with supervisor Provide supporting information to support plan to supervisor Negotiate recommendations with supervisor Assessor to identify figures supplied, and ask what would they would do in the event of a budget blow-out Record student responses and comments below (responses may include re-assessing suppliers, looking for cheaper alternatives, re-modelling the plan etc.) Assessor Signature: Date:
Image of page 9
BSBMGT517 Assessment 1: Assignment, v1, January 2016 © Apex Institute of Education Page 10 of 10 BSBMGT517 Manage operational plan: Task 2 Observation Checklist Student Name: Student No: Did the student: Satisfactory Yes No Running the meeting Introduce self Cover company / project background information Allocate responsibilities to personnel Explain responsibility requirements / expectations Outline KPI's Discuss budget and required resources Provide and explain implementation plan Outline monitoring arrangements Confirm understanding through using open questioning techniques Provide guidance and support where needed Ask for and answer questions clearly and accurately Consider input provided and respond appropriately Discuss recruitment policy Discuss purchasing strategy Discuss intellectual property strategy Assessor comments Assessor Signature: Date:
Image of page 10

You've reached the end of your free preview.

Want to read all 10 pages?

  • Fall '17
  • Sociology, Operational Plan, Apex Institute of Education

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture