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This was a top priority that would involve the acceptance of Java Estates tender. This was an important alliance and one that should be managed at the highest level. With the Sydney warehouse now established, it was important to look for other warehouse opportunities in high volume states. The other states could be managed with an agent’s network and by outsourcing the maintenance. ●Objective 2 –To increase profit margins by 5% from our 2010 benchmark in the next five years. This should occur naturally, with increased sales allowing for better price negotiations with suppliers, and getting all departments to make optimum use of their staff. ●Objective 3 –To establish the MacVille brand recognition in key markets in the next five years, mostly via new technologies but also co-branding with our strategic partner. This is also a high priority if the successful rollout is to be achieved. ●Objective 4 –To reduce our waste and energy use by 10% from our 2010 benchmark within the next five years. Education programs and incentive rewards for innovations in this area should see the organisation achieve its objectives. Meeting adjourned at 9.30 pm. Minutes submitted by Secretary, Olga Hartwick.
Develop and implement strategic plans -BSBMGT616A Innovation and Business Industry Skills Council Ltd Version 2, 2014 Page 21of 33Task 4: Reviewing implementation Performance objective In this assessment, you are required to review the implementation of a strategic plan within an organisation, and develop a report evaluating the implementation. Assessment description As part of your review, you need to develop a report describing the implementation as measured by the achievement of KPIs, milestones and overall effectiveness. You also need to identify and describe any refinements or improvements that can be made to the implementation process. Procedure For the case study information provided, you need to develop a progress report with information provided under the following headings: 1.KPI progress:Review and describe the progress of the strategic plan, according to each of the identified performance indicators. 2.Milestone progress: Evaluate the achievement of identified objectives against the established timeline milestones for the strategic plan. 3.Overall progress: Evaluate and describe the overall effectiveness and progress of the strategic plan. 4.Improvements: Make necessary refinements to ensure continued achievement of the plan; describe methods for improving strategic planning processes. Specifications You must provide: ●A completed progress report, as described above [Steps 1–4]. Your assessor will be looking for: ●Evidence that you have analysed and evaluated the progress of the strategic plan implementation through the case study, and reflected these in the progress report you have developed.
Develop and implement strategic plans -BSBMGT616A Innovation and Business Industry Skills Council Ltd Version 2, 2014 Page 22of 33Case study Objective 1–To sell and service MacVille espresso coffee machines in every state of Australia in the next five years. All states have a MacVille machine, apart from the Northern Territory where it took