Develop action plan and report. You are required to develop action plans for implementing the continuous improvement and innovation initiatives...
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Develop action plan and report. You are required to develop action

plans for implementing the continuous improvement and innovation initiatives agreed to in Assessment Task 2. You are also required to develop a plan for each agreed initiative. Your plans should be developed using a project management tool such as a GANTT chart that sets out all of the actions required to implement the initiatives including timing, responsibilities, required resources, communication and key performance indicators for assessing the introduction of the initiative. In a separate document to accompany the action plan, you are required to develop a short report that includes: • Discuss the importance of continuous improvement and sustainability as an essential element of business and competition. • Include a risk assessment for each initiative, identifying the possible risks and how they can be managed. Identify two risks for each initiative and at least two risk management strategies for each. • Document a cost-benefit analysis for each initiative making assumptions in your analysis including assumed cost and benefits. • Document the impact of the change and the consequences for staff for each initiative • Document a brief contingency plan in the event of failure of the initiative

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Subject: Business, Management
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