products and services offered to determine whether it is due to the quality of the product, your marketing, or whether you need to change the type of products and services offered. 3. In your plan you identified you will need to hire a pool of ‘casuals’ who can help to staff the business. However, you are finding that whilst you are able to hire enough staff, they are not meeting your needs as they often cannot work when you need them, and often leave without giving you time to recruit new ones. You have been advertising in an online agency to get casual staff ● You are spending a lot of time interviewing and hiring and letting go staff ● You cannot get the casual staff to cover all the shifts you require. You need a new approach to addressing this situation. 4. You have 2 permanent staff who are good at their jobs and have the technical skills required, however they both seem to be unaware of the regulatory and legal requirements of the business. You are concerned they may inadvertently breach a law or regulation. You realise you need to incorporate some staff training into your business plan. 5. Your plan included a goal to be environmentally responsible. However, you are finding that your business is using more resources than planned and producing quite a lot of waste. You realise you need to include some specific objectives and actions to address this. 1. Meet with your partners to discuss and analyse your business performance, based on the issues raised above. Include evaluation of performance against the key result areas including, as relevant to your business: ● profit and loss and triple bottom line ● community awareness or branding ● environmental impact ● governance ● product quality and sales ● the workforce Write a progress report against each of the above and any changes required. Student Assessment Guide v 1 January 2019 Page 27 of 34
BSBMGT617 Develop and implement a business plan Write up tables and reports with your business partners for each area you are reporting on. For the purpose of this project, you can share this task and can make up any additional details in consultation with your partners. 2. Review the performance indicators in your business plan and identify any changes necessary. 3. Write a report in which you analyse your business performance against the business plan. The report will be one that you use to communicate with your key stakeholders including your business partners, financiers, customers, staff and any technical advisors. In your report: ● Describe how successful your business has been ● How the business performed against each of the performance goals and indicators ● Any changes or refinements to the plan required ● How you will review your processes and work methods regularly as part of continuous improvement ● The strengths and weaknesses of the Business Plan Write the report in a formal structure. Be sure to organise the report with clear headings for each section.
You've reached the end of your free preview.
Want to read all 34 pages?
- Summer '18
- Brett Gordon
- DUY LINH NGUYEN