...Organizational Plans Brook Pritchard XMGT/230 May 22, 2015 Gary Cedrone There are three main types of plans that a manager will use in his or her pursuit of company goals, which include operational, tactical and strategic. If you think about these three types of plans as stepping stones, you can see how their relationship to one another aids in the achievement of organizational goals. Operational plans are necessary to attain tactical plans and tactical plans lead to the achievement of strategic plans. Then, in true planning fashion, there are also plans to backup plans that fail. These are known as contingency plans. Strategic plans are designed with the entire organization in mind and begin with an organization's mission. Top-level managers, such as CEOs or presidents, will design and execute strategic plans to paint a picture of the desired future and long-term goals of the organization. Essentially, strategic plans look ahead to where the organization wants to be in three, five, even ten years. Strategic plans, provided by top-level managers, serve as the framework for lower-level planning ("Types of Planning", 2015). Now that you have a general idea for how organizational planning evolves, let's look at the next level of planning, known as tactical planning. Tactical plans support strategic plans by translating them into specific plans relevant to a distinct area of the organization. Tactical plans are concerned with the responsibility and functionality of lower-level...
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...A Sales Plan Defined Our sales plan should be short, simple and to the point. It's basically our strategic and tactical plan for acquiring new business, growing our existing book of business and making and/or exceeding our sales quota within our sales territory. Typically, a healthy mix would include 75 percent of your sales quota from new business and 25 percent of your quota from add-on business from your existing customers. There are four basic parts of a sales plan: 1. New business acquisition strategies 2. New business acquisition tactics 3. Existing business growth strategies 4. Existing business growth tactics Before you start, you need to get a handle on some definitions: • Sales quota: This critical element of your plan sets the tempo of your efforts throughout the year and provides quarterly, monthly, weekly and even daily sub-goals for you to achieve. • Sales territory: Refers to the geographic area, list of named accounts or specific market niche you have been assigned to in which you are to sell your products, services and solutions. • Strategies: The plan necessary to accomplish your goal. • Tactics: The steps necessary to carry out the plan. New Business Acquisition Strategies and Tactics Include the following four strategies in your sales plan. Remember, these strategies are all designed to capture new customers and new market share. Important note: The strategies are numbered and the tactics are italicized. 1. Exceed my quota. • Send no less than...
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...Case Study: Contingency Plans Christine Grandfield This study is about an impending blizzard is set to hit the area with accumulations forecasted to bring 2-3 feet of snow and damaging winds during the next 12-18 hours. Nurses on the floor are looking to Gillian Scott for direction on how to proceed if and when staff begin calling out and creating staffing shortages due to the weather situation. Gillian continues to monitor the weather closely and stays in close contact with her nursing supervisor. It is better for everyone, staff and patients included, that a plan be put in place sooner rather than later. Since this is second shift, most executives have gone home. The hospital has an Emergency Operation Plan (EOP) in place that Gillian reviews, paying special attention to the weather emergency section. Gillian knows that if the weather predictions are correct, they will have to keep the staff that is currently working until other workers can arrive at the hospital safely. With this in mind, the challenges she will be facing are tired co-workers as well as a floor that is short staffed. Gillian’s supervisor decides it is best to come into the hospital while roads are still passible. It will be easier to implement a plan while onsite as well as be able to help as needed. As the supervisor travels into the hospital, she notices that the roads are getting harder to pass and the snow predictions are proving to be correct. When she gets to the hospital, she calls...
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...Strategic Plan for QUICK KWEK-KWEK VISION To set up itself as the best advertising kwek-kwek place in the marketplace of Ormoc. Also augment its existence in the locality of Ormoc within the next 5 years. MISSION Quick Kwek-kwek sees itself to provide the finest feature of Kwek-kwek dishes with a lesser cost and quality service. For QUICK KWEK-KWEK, Specific Objectives: 1. To establish itself as a rough rival in its existence in the City of Ormoc. 2. To convey excellent financial proceeds to its owners. 3. To satisfy its customers with its products. KEY RESULTS AREA: 1. To establish itself as a rough rival in its existence in the City of Ormoc. 1a. Quantity of kwek-kwek stalls here in the City of Ormoc. 1b. Quantity of sales. 1c. Marketplace portion in the City of Ormoc. 2. To convey excellent financial proceeds to its owners. 2a. Total net profits documented for the next 5 years. 2b. Return on Equity. 2c. Return on Assets. 2d. Return on Sales. 3. To satisfy its customers with its products. 3a. Boost of sales. 3b. Percentage of repeating customers. 3c. Number of customer suggestions and recommendations. PERFORMANCE INDICATORS OF QUICK KWEK-KWEK | KRAs | PI’s | | | 2012 (now) | 2013 (one year later) | 2014 | 2015 | 2016 | 2017 (5 years later) | 1a.1b. 1c. | Quantity of kwek-kwek stalls here in the city of Ormoc..Quantity of sales.Marketplace portion in the City of Ormoc. | 1Php.7,0004% | 3Php.9,0006% | 4Php.12...
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...for the website would consist of a planning committee that will obtain information and input from stakeholders. The steps would include * Gathering information by conducting surveys and analyzing results. * Design content that is easy to navigate through and find any potential hard to find information * Design the information architecture. Include lists that are needed to organize content, what needs to be highlighted on the home page, and analyse the use of potential customized navigation. * Evaluate the usefulness and relevance of the information contained in the website Conducting a survey The use of surveys will enable us to identify the needs and interests of the intended audience. From there, we can develop a plan and a solution that can solve any potential issues. The survey should include the following: * Number of pages and articles needed * Location of the articles/content * Type of information...
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...ORGANIZATIONAL PLANS PAPER 1 Organizational Plans Paper ORGANIZATIONAL PLANS PAPER Organizational Plans Paper 2 Even though there is no perfect plan, strategic planning helps an organization’s long-term goals and strategies. There are three types of plans, where managers at different levels create and establish goals. However, the levels at which management create plans and in order for the plans to be effective the goals and plans must be aligned. To have an effective plan an organization should have a strategy. The strategy is the blueprint for actions and supplies to achieve the goals of the organization. The strategic goals are established by top-level managers which should be useful and well organized (Bateman & Snell, 2011). The three levels of planning all play a different part in the organization. Strategic planning focuses on long-term goals and strategies for the organization. Tactical planning is established by mid-level managers who interpret broad strategic goals into more specific goals and plans. Operational plans are established by the frontline managers, which stress specific procedures and processes. My work environment operates with the three level planning processes, mostly because of grade levels. There is a Director, Branch Chief, and then a Team Lead. The Team Lead is the only individual that we can walk in their office and speak to them. Everything operates in such of a chain in command operation. In the end, although there is no perfect plan in order...
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...treatment plan may be formal or it may consist of informal handwritten notes. This is largely dependent on the documentation required by the agency or facility and all the other parties involved. However, regardless of its format, Fritscher (2011) states that the treatment plan should always be subject to change as the case progresses. According to Vrouvas (2013), a treatment plans can work as a mean of providing clients with guidelines that may foster moral support, provide incentive and offer practical solutions for dealing with adversity. This paper will describe a treatment plan and how it will be presented to the client. The paper will also make specific reference to Brittany. Brittany is a 21 year old female who was in foster care until she was 18 and is now employed full-time at a Gentleman's club. She lives in a two-bedroom townhouse and owns a car which is currently uninsured due to her inability to make the payments. The client lives with her unemployed boyfriend. Brittany was recently arrested and subsequently owes a $400 ticket along with all her other bills. She is now considering seeking employment at another gentleman's club on her days off in an effort to allocate enough money to pay her bills. Description of the Treatment Plan A treatment plan will now be described based on the information provided by Fritscher (2011). The description will also be directly linked to scenario five: Brittany. According to Fritscher (2011), a treatment plan usually...
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...Could a company even plan for this type of situation? If yes, how? If not, why not? Yes, a company can plan for this type of situation. Natural disasters are unpredictable and can happen any time. However, when facing a situation like this they can plan for a specific but flexible plant. Would goals be useful in this type of situation? What types of goals might a manufacturing company like BMW have in such a situation? How about a global airlines? How about a small flower grower in Kenya? Yes, setting up goals would be important in a crisis situation. Goals would provide managers and employees a direction outwards the outcome and it will also help them to evaluate their performances. BMW- BMW would want to have a strategic goal coming from division management. As the issue is with one particular plant so the decision will have to come from the Management of that division. Global Airlines- As this is a crisis of global airlines the strategic planning will have to come from top management. Small flower grower- The strategic goals of small flower growers could be more of individual level. What type of plans could companies use in this type of situation? Explain why you think these plans would be important? Companies would use specific but flexible plans. Natural disasters are crisis situation which coming without any prior warning so using a specific plan seems the best solution. Managers can focus on the particular problem and aim to eliminate the issue. However,...
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...What is a business plan? A business plan is a road map for a company, it is put into black and white so that the company may look ahead in order to dispense funds to the appropriate areas of the business. The main purpose of the plan is to optimize growth and development according to priorities. A plan is a way to show your investors that you know what you are doing and that they will get a return on their investment. A plan should be used as a business tool, in which they can find great ideas and goals. A business plan is an easy way to communicate the idea and goals to the decision makers, it outlines Strong points as well as weak ones. Mission The mission of Primerica is to Help Families Become Properly Protected, Debt Free and Financially Independent. Company summary Primerica is excited about helping people to solve the financial problems of the middle market. Our representatives meet with families in their own homes, across the kitchen table, and teach them “how money works”. These fundamental financial concepts are not taught in school. Primerica believes everyone has a right to know these simple principles – not just the wealthy! While other companies target the affluent, Primerica helps hardworking families all across North America. Through education and by offering a customized financial strategy, our clients are able to take advantage of our common sense solutions and get on the path to financial independence and freedom! Primerica has been in business since...
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...Motivation is important plays an important role. Motivation drives people to perform their best in assignments. “Motivation can inspire, encourage, and stimulate individuals and project teams to achieve great accomplishments. Motivation can also create an environment that fosters teamwork and collective initiatives to reach common goals or objectives” (Peterson, 2007, p. 1). The key element that will motivate our team to succeed is by goal setting. Our team is looking to achieve their goals by finishing successfully in this project. We must maintain confident and with the proper attitude our team will stay constantly motivated. The contemporary theory of goal setting theory is motivating theory that aligns with our team. For our team to ensure success, we are planning to incorporate the contemporary theory of goal-setting to complete this project successfully. “One of the most important jobs of a team leader is to motivate, support and recognize your teammates for a job well done. By recognizing them for their business efforts, it helps to build a stronger relationship with them. It lets them know that you appreciate them and their dedication to the business” (Hill, 2010, p. 1). The result of our team achieving goals creates team satisfaction. Satisfaction could improve by allowing each team member to collaborate on the area of the project that he or she engages interest rather than assigning tasks at random. “Associate satisfaction has a lot of meanings. It is really by trial...
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...Communication Plan When modification is presented in the workplace it may bring disagreement from employees. This disagreement arises as of a modification in procedures, concern about the unaware, a decrease in a sense of security, or even a vulnerability to associations. While raising collaboration to the employees, management must try to train about the modification as well as communication as numerous personnel as possible. This will make it possible for management to shrink the opposition from employees and let agreement of the modification. Management must pick a kind of collaboration to convey management modification at Riordan Manufacturing which will influence all employees with the identical data. In this position the best method to interaction the most employees is to apply a blend of a memo and e-mail. In these forms of communications, manager’s duty is to express why the modification is vital, what the adjustment will bring to the business, and advance a renewed mission. Describing the adjustment to personnel will train the workers on why the adjustment must be finished and deliver them understanding into the unaccustomed. The fresh management mission will create company ritual that employees can buy into. By means of a memo and e-mail is the well-organized way to carry the adjustment to the employees. This method also permits the equal data to be sent. The data being sent is important in direction that employees are not getting altered info concerning the adjustment...
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...Organizational Plans University of Phoenix Planning is the part of management concerned with creating procedures, rules and guidelines for achieving a stated objective. Planning is carried out at both the macro and micro level. Managers need to create broad objectives and mission statements as well as look after the day to day running of the company. A strategic plan is a high-level overview of the entire business, its vision, objectives, and value. This plan is the foundational basis of the organization and will dictate decisions in the long-term. The scope of the plan can be two, three, five, or even ten years. The tactical plan describes the tactics the organization plans to use to achieve the ambitions outlined in the strategic plan. It is a short range (i.e. with a scope of less than one year), low-level document that breaks down the broader mission statements into smaller, actionable chunks. If the strategic plan is a response to “What?”, the tactical plan responds to “How?”. The operational plan describes the day to day running of the company. The operational plan charts out a roadmap to achieve the tactical goals within a realistic timeframe. This plan is highly specific with an emphasis on short-term objectives. “Increase sales to 150 units/day”, or “hire 50 new employees” are both examples of operational plan objectives. Creating the operational plan is the responsibility of low-level managers and supervisors. My organization uses this...
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...CheckPoint: Incentive Plans Peggy Harrington HRM/240 J. Scott Lodge March 8, 2012 Axia College CheckPoint: Incentive Plans Companies utilize various incentive plans to acquire the best and most skilled employees. The incentive plans can be broken down into individual incentive plans and group incentive plans. Below are a few of the pros and cons for each type. Individual Incentive(s) Piecework Pros - Individuals receive a certain rate for each unit produced Computing rate of pay is simple Labor costs are more accurately predicted Cons - Not an effective motivator Quality may be lacking Standard Hour Plan Pros - Based on “standard time” for job completion, even if completed in less time Best for non-repetitive tasks and requiring varied skills Cons - Quality can suffer due to employees not taking enough time to do the job properly High equipment maintenance due to employees not exercising proper care of the equipment Bonuses/Spot Bonuses Pros - Not part of base pay Typically given at end of year Useful as a retention and motivational tool Cons - Hard to predict labor costs Employees may come to expect the bonus Merit Pay Pros - Based on performance Can be a motivator if increase is large enough Cons - May be perpetuated even if performance declines Employees see it as an entitlement ...
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...The goal of the merchandise plan is to provide a plan broken down to the lowest levels of the merchandise hierarchy to build a receipt budget by week that is used for open-to-buy purposes. KPIs include, but are not limited to, markdowns, reductions, and inventory and above/below the line adjustments to gross margin, receipts and inventory. Plans are usually developed in value with average unit retail prices for inventory, receipt and sales added to understand unit volumes at a high level. The sales flavors regular, markdown, promotional and clearance sales KPIs are planned individually including the average retail price of the sales type. In-season plan updates recalculate open-to-buy budgets based on trend. With that the analysis of business trends to identify variances to plan are possible on a weekly basis and allow stakeholders to take action. Merchandise Planning – OTB and Unit Flow Plan The merchandise Planning includes several workbooks for the different levels of the article hierarchy. The workbooks look very similar, but addressing different roles in the organization, like VP of Planning, Planning manager, merchandise manager, or however your organization is set up. One very nice feature is, that the solution provides you flexibility depending on your set-up, if you have planners for all the different levels (you remember: division, department, class and subclass), or if you just want to plan for example on division and break it down from there to class and...
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...Educational Development Plan To complete this plan, refer to the three University Orientation Seminar Readiness Center reports you received and used in the UOS1500 seminar courseroom. Using the results of those reports, along with your personal preferences and goals, identify three areas of strength and list them in the table provided below. Readiness Areas: • Technical Readiness. • Online Learning. • Online Communication. • Time Management. • Goals and Motivation. • Building a Support Network. • Learning Strategies. • Writing Strategies. • Information Literacy. Areas of Strength |1. Technical Readiness | |2. Learning Strategies | |3. Building a Support Network | Now follow the same process to identify three areas in which you would like to improve your knowledge and skills. For each of the areas, specify a short-term, specific goal: something you will accomplish that will improve your performance or knowledge in this area. Enter that goal, then a brief description of how you will achieve your goal. If there were resources identified in this seminar, or...
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