Bsbmgt517 assessment 1 version v181 page 24 of 30

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BSBMGT517 Assessment 1 Version: v18.1 Page 24 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018
BBQfun Operational Plan (with strategic objectives, measures and tasks) FY 2018–2019 Objectives: Performance measures Tasks: 5 Reduce direct and indirect costs of operations. General ledger accounts; financial statements: o wages o cost of agent services o consultancy fees o wastage and associated expenses. Expense target = $5,004,714 COGS target = $5,890,000 Renegotiate with suppliers. Research potential new suppliers. Research new distribution possibilities, such as e-commerce/delivery. Management engagement with employees to achieve greater employee support of organisational goals. Greater use by managers of budgets to encourage restraint. Greater focus on budget restraint in management of projects/activities. Inventory management through ERM to reduce overstocking and risk associated with storage. Incentives (as part of manager/employee performance management and bonus system). BSBMGT517 Assessment 1 Version: v18.1 Page 25 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018
Appendix 2: Action plan template Milestone: Action and/or objective (to achieve strategic aims of physical or human resourcing) Date Person responsible Budget or resources (where applicable) BSBMGT517 Assessment 1 Version: v18.1 Page 26 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018
BSBMGT517 Assessment 1 Version: v18.1 Page 27 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018
Appendix 3: Balanced scorecard template KRA (key result area) Target KPI (key performance indicator) Result BSBMGT517 Assessment 1 Version: v18.1 Page 28 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018
Appendix 4: Contingency plan template Contingency Plan Company name : BBQfun Name of person developing the plan : Who was consulted as part of this plan ? Name Position Risk identified: Strategies/activities to minimise the risk By when By whom BSBMGT517 Assessment 1 Version: v18.1 Page 29 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018
BSBMGT517 Assessment 1 Version: v18.1 Page 30 of 30 Developed by: Nortwest Pty Ltd Approved by: AM Issued: November 2017 Review: November 2018

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