Business Plan: Recruitment Organisation

This document discusses the different phases of a business plan for a recruitment organisation like Excel Personnel. It covers operational goals, resources and funds, relevant personnel, communication methods, feedback process, KPIs, contingency plans, and flowcharts.

Business Plan

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3

INTRODUCTION
Business plan is a written document which defined in brief how a business generally defines
its goals. A business plan lays out a written roadmap for the company from marketing, financial
and operational standpoints (Papageorgiou and et. al., 2019). This report will consider
information about the business plan of a recruitment organisation such as Excel Personnel which
is a family owned organisation. This document will discuss different phases of business plan.
MAIN BODY
Operational goal- The aim and objective of the company is to make maximisation in the sales of
the company by 8% by the end of 2011.
Resources and funds- In order to accomplish this set business objective, the business enterprise
require different resources like skilled workers, effective team, equipments and machinery to
perform task, laptop, internet and many more so that they can execute their assigned duties in
more amended manner. Along with this, in order to perform the business activities and tasks in
more significant manner, the respective organisation needs £500. With the support of this, they
can conduct effective training sessions in order to improve recruitment skills that will support in
increasing sales of the firm.
Relevant personnel- In order to accomplish set goals, the organisation required personnel like
recruiters, recruitment generalist and HR manager so that they can support the venture in
increasing the sales by operating business activities in effective manner.
Communication methods- There main three methods of communication like verbal, nonverbal
and visual communication. Verbal communication based on words to deliver meaning. To share
information to others, with the support of written information it can be delivered. Nonverbal
communication occurs when meaning or messages are sent or received without the use of words
(Moro Visconti, Montesi and Papiro, 2018). Nonverbal communication can also be utilised to
change the meaning of verbal communications. Visual communication use drawings,
illustrations, pictures, colours, graphs, charts and signs to share meaning. These all methods can
be considered in order to share and deliver information.
Feedback process- There is different phase which can be considered in feedback process such as
internalising the feedback, finding the source, look at it from the other perspective, enlist support
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as you work on your development area and check in over time to see if the behaviour improves
etc.
KPIs- KPI plays an effective role in assessing the performance of the company. There are
different KPI methods which can be used and considered by the management of the firm
(Brinckmann and et. al., 2019). Time of proficiency and employee engagement is key methods of
KPI that can be used in order to measuring organisational performance regarding training.
Contingency plans- When employees are not able to meet the KPIs, the administration of
respective firm can consider different phases of contingency plan to develop a plan. This plan
includes different steps like develop the contingency planning policy statement, conduct the
business impact analysis, identify preventive controls, create contingency strategies, develop an
information system contingency plan, ensure plan testing, training and exercises and make sure
plan maintenance.
Flow chart- A flowchart is a visual representation of the collection of steps and selections had to
carry out a method. Each step inside the series is noted within a diagram shape. Steps are linked
by way of connecting lines and directional arrows (Jukova and et. al., 2019). This allows each
person to view the flowchart and logically follow the system from starting to end.
CONCLUSION
This has been concluded form the defined information that a business plan is an effective
tool which supports a business in running and operating its operations and activities in effective
manner. There are several phases of a business plan which support in effective business
operation and establishment.
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REFERENCES
Books & Journals
Papageorgiou, G. and et. al., 2019, September. Effective business planning for sustainable urban
development: the case of active mobility. In ECIE 2019 14th European Conference on
Innovation and Entrepreneurship (2 vols) (p. 759). Academic Conferences and publishing
limited.
Moro Visconti, R., Montesi, G. and Papiro, G., 2018. Big data-driven stochastic business
planning and corporate valuation. Moro Visconti, R., Montesi, G., & Papiro, G.(2018). Big data-
driven stochastic business planning and corporate valuation. Corporate Ownership &
Control, 15(3-1), pp.189-204.
Brinckmann, J. and et. al., 2019. Of those who plan: A meta-analysis of the relationship between
human capital and business planning. Long Range Planning, 52(2), pp.173-188.
Jukova, E.E. and et. al., 2019. Planning a new business: typical mistakes of a business plan in the
service sector. Journal of Environmental Management & Tourism, 10(3 (34)), pp.441-447.
Mazzarol, T. and Reboud, S., 2020. Planning, Business Models and Strategy.
In Entrepreneurship and Innovation (pp. 191-225). Springer, Singapore.
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