Reference no: EM132344207 , Length: word count:2000
Manage Operational Plan Assignment -
Assignment Activity - This assignment is designed to gather evidence as to how you manage an operational plan, not just the theory, but how you do it on a practical level in your particular workplace.
Choose an area of work operations that you are familiar with in your current workplace, or an industry that you are familiar with. Don't go too broad and choose the workplace operations, but choose one area of operations that you can concentrate on, such as the delivery of goods, production of goods, marketing, design or sales.
1. Develop an operational plan for that area of the business.
2. Include at least one contingency plan within the operational plan.
3. Develop a presentation to have the plan approved by appropriate management.
4. Explain how you will measure and monitor the performance of the operations when following the plan.
S. Explain how you will communicate, consult and include team members in the development, implementation and review of the operational plan.
6. Give an example of a possible area of underperformance and what you could do to combat that underperformance.
What will an operational plan look like?
The operational plan will refer to the strategies and directions in the strategies add much more detail about how they will be achieved over the nest business such as a budget period.
We follow here with a table of contents for a typical formal operational plan may be circumstances where an operational plan is produced or presented in a formal manner and that may be appropriate in some circumstances. But we concentrate on the more formal presentation, and you can remove points if need.
The operational plan will include:
- Title page
- Executive summary - A short summary of the whole plan
- Introduction
- Scope
- Objective
- Timeline - Business cycle, such as budget period
- Human resources - Which staff and managers will be involved
- Allocated responsibilities - The plan will allocate specific responsibilities to specific people
- Business resources - What equipment and assets will be involved
- Budget - How much will the operation cost? What equipment needs to be purchased? How much will labour cost?
- Methods and procedures - How tasks will be performed.
- Monitoring - How the operation is monitored over the business cycle.
- Measuring - Key performance indicators (KPIs), and how success will be measured.
- Contingencies - What to do when things don't go as planned.
- Review - Periodic review of the plan and how it is performing.
Attachment:- Business Plan Sample.rar