Develop and Implement Business Plans | Desklib

This article discusses the process of developing and implementing business plans. It includes an analysis of the vision, mission, business objectives, and business values of an organization. It also covers the identification and analysis of pre-existing strategic, business, and operational plans of the organization, applicable legislation, and permits/licenses. Additionally, it reviews market requirements for relevant products and services.

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Develop and Implement
Business Plans

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BUSINESS ASSESSMENT REPORT
Learner Name
Workplace/Organisation BHP group Limited
State/Territory
Date Completed
1. Identification and analysis of the vision, mission, business objectives and business values for the
organisation
Vision statement of the organisation
Through the acquisition, extraction, and process of converting commodities, as well as the supply of
inventive business and commodity technologies, BHP Billiton seeks to create lengthy benefit. BHP
Billiton is devoted to a lengthy approach of providing low, international, flexible, and export-oriented
operations that represent marketplace and strategic acquisitions. BHP Billiton's goal is to be the preferred
partner by providing long-term value to its subcontractors, workers, investors, customers, clients, and
financial backers.
Analysis of how the business plan to be developed is aligned with the vision of the organisation
The company must be unambiguous about who it is as a corporation, why it exists, and ensure that its
objectives and visions are expressed frequently and effectively. The plan for how the organisation will
achieve its objectives must be basic, transparent, and straightforward to express.
Mission statement of the organisation
Our goal at BHP Billiton is to be the leading company, keep on coming operational efficiencies, staff
members, suppliers, subcontractors, buyers, financial backers, and community partners. We aim for Zero
Harm to individuals, our community partners, and the ecosystem, and strive to be a leader in the market.
The manner we do trade is based on sound concepts that regulate security, industry standards, ethical,
ecological, and economical operations..." BHP Billiton seeks to be a leading company by achieving Zero
Damage to humans, local community, and the ecosystem.
Analysis of how the business plan to be developed is aligned with the mission of the organisation
Business planning's primary goal is to align an organization's mission with its purpose. Because the
objective is the preliminary stage for preparing, the vision is the objective, and the business strategy is the
blueprint that lets you navigate from one to the next, the plan lives in a desert absent them.
Outline at least two goals of the organisation
i. Bhp Billiton Limited's objectives should be attainable. This implies that Bhp Billiton Limited
must have the funds and resources essential to achieve the organization's long-term objectives.

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Bhp Billiton Limited must also possess succession planning in order to fulfill such corporate
objectives.
ii. All of Bhp Billiton Limited's aims, especially for long ones, have a time constraint associated to them.
This is critical to ensuring the organization's effectiveness and efficiency in achieving its objectives. An
associated time span for lengthy goals aids in the establishment of a connected time span for more
immediate company vision.
Analysis of how the business plan to be developed is aligned with each of the goals outlined
i. Operational plans are planned papers that assist the organisation in achieving its objectives during the
course of regular plan's 12-month period. They go into further depth regarding something has to be executed
and the methods for doing so for a certain commercial district, including such manufacturing or advertising.
ii. The business plan of the company based on the goals of BHP because plan has been set to achieve goals of
business in specified period of time.
Outline at least two business objectives of the organisation
i. BHP Billiton Limited has set definite and unambiguous goals for itself. This aids lead the
organization in managing and maintaining attention on the goals and final outcome that must be
met. Specific objectives also assist management in determining skill education and training
requirements inside their divisions.
ii. BHP Billiton Limited's goals are also quantifiable. This implies that all goals may be followed
to see how far they've progressed. This is critical for Bhp Billiton Limited since it allows them
to stay motivated. Necessary to protect national is provided to aims by incorporating measurable
framework for deciding performance and achieving goals.
Analysis of how the business plan to be developed is aligned with each of the business objectives outlined
i. A Business Plan is used to discover, characterize, and analyses a firm potential or an individual investor, as
well as to assess its technological, commercial, and financial viability.
ii. Goals and objectives that are very well guide a fledgling firm in the proper path and keeps an experienced
business going. The particular measures you and your firm must take in order to achieve each of your targets
are known as targets. They lay out what they should do or how they must do it.
Outline at least two business values of the organisation.
i. Sustainability entails prioritizing health & wellbeing, being ecologically conscious, and
contributing to our community.

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iii. Respect entails appreciating transparency, confidence, collaboration, variety, and mutual benefit
partnerships.
Analysis of how the business plan to be developed is aligned with each of the business values outlined
i. Authenticity, patience, dedication, creativity, respects, enthusiasm, and honest are examples of human
characteristics that can be applied to commerce. From the customer's point of view, principles refer to the
level of quality they can expect while dealing with your company.
ii. Business value is an expressive word in managing that refers to all types of promotions that influence the
long-term sustainability and much like a company. Intellectual properties that aren't specifically relevant to
any primary stakeholder are frequently included in value proposition.
2. Identification and analysis of pre-existing strategic, business, and operational plans of the
organisation
Identification of pre-existing strategic plan (name of the plan or document from where the plan was accessed)
In order to construct a firm's foundation; a strategically portfolio or inventories, a pre-planning step must
be introduced to the strategy formulation. Along with companies must develop plans that are feasible
inside their own constraints. Because of the possibility of alterations in an organization's strategy, it is
critical that strategic and technical plans be evaluated on a frequent basis. Management must examine
present business objectives to determine if they are still appropriate for the company.
Analysis of how the business plan to be developed is aligned with the pre-existing strategic plan identified
Strategic planning is a crucial aspect of any organisation. It's also crucial in public-sector fields such as
education. It is often used both colloquially and professionally. Targets and a pathway for achieving them
should be at the end of risk management and decision-making processes. Strategic planning techniques,
such as consideration of the consequences, are designed to promote clarity in corporate operations,
particularly when lengthy and high-stakes operations are engaged.
Identification of at least one pre-existing business plan (name of the plan or document from where the plan was
accessed)
A business plan can assist you in evaluating the marketplace and gathering insight into the market,
clients, providers, and other key players. Before accepting anything cash for your firm, many financiers
may request to see a business plan. Fill up the blanks with an overall business summary for company. In
30 words or fewer, describe the company's goals. Incorporate company's aims, objectives, and philosophy
in this section though too. Incorporate details on the sector's market size and projections in a brief
summary of particular profitability.
Analysis of how the business plan to be developed is aligned with the pre-existing business plan identified
Meet with customers, convene important personnel in the corporation to assess the existing business plan,
strategic plan, and operational plans, and undertake review and study to development of necessary for the

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set timeframe, for instance, the next 12 months.
Identification of at least one pre-existing operational plan (name of the plan or document from where the plan was
accessed)
Operational plans are planning papers that assist the management in the decision during the course of
regular plan's 12-month period. They go into further depth regarding what has to be executed and the
techniques for doing so for a certain industry sector, including manufacturing or promotion. At the stage
of budgetary divisions, operational planning occurs after the majority of the previous parts of the
planning cycle have been accomplished.
Analysis of how the business plan to be developed is aligned with the pre-existing operational plan identified
Be specific about whatever you want staff to accomplish.
Measurable - The aim must be able to be quantified in able to identify achievement.
Attainable and Realistic: Being aspiration is fine, but ensures they're not putting team up for
disappointment.
3. Identi f icati on o fapplicabl e legis lati on and per m its / license s
List at least two pieces of legislation that apply to the organisation. Each must be relevant to:
 type of businessactivities,
 industry sector of the business;and
 location of business operations(state/territory)
i. On the basis of business activities apply All businesses in NSW, especially mining sites, are
governed by the Work Health and Safety Act 2011 and the Work Health and Safety Regulation 2017.
ii. The legal framework for the mineral extraction procedure is separated into three tiers of
government, as following (federal law governs when there is inconsistency): Federal
Government of Australia. The federal government has a limited role in mining control.
L ist all per mit s andlic e nc es t h at may be re qu i re dfor n e w ac t ivities beingplan ned,alo n g with permit / lic en c e t y p e andt h e spec ificlo c at ion wher e t h e per mit / lic enc e is re qu ired.
Eac h permit an d/ or lic ense m u st be relevant t o:
 type of business activities;
 industry sector of the business ;and
 location of business operations (state/territory, city and specific area in thecity)
Permits
Permit type Permit name Specific location where the permit is required
Must include postcode, city and state/territory
Mining Permit Prospecting permit On provision of valid identification, a Miner's Right
can be purchased for $26.50 at the Ministry of Mines,

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Industrial Regulatory and Health (DMIRS), Mineral
House, 100 Plain Street, East Perth, at any Mining
Registration office.”
Mining Permit A mining permit allows a corporation or individuals to
excavate a small section of land (less than 1.5 hectares)
for duration of up to two years. Rights to Mine: A
mining right allows a corporation or an individual’s to
mining for a set length of time, usually up to 30 years.
Licenses
License type License name Specific location where license is required
Must include postcode, city and state/territory
Federal license They didn't have to worry about something in most
circumstances. Nonetheless, some enterprises, such as
food manufacturers, radio and television stations, and
investment advising services, require federal
registration. They may find out if firm needs a federal
license by contacting the Federal Trade Commission.
Sales tax license A certificate of resale (also known as a "seller's
permission" or a "certification of authorization" in
other jurisdictions) is required for 2 purposes. To
begin, any residence firm that sells chargeable items /
products must collect and remit sales taxes. A taxable
service is defined differently in each jurisdiction. Both
the components and labor components of invoice may
be chargeable, dependent on particular state laws.
4. Review of market requirements
Review the market conditions for the relevant products and services to understand customer needs, market size and target market.
a. Products relevant to the business plan (at leasttwo)
Product refers to a tangible or discernible item that the business offers for sale (E.g. car or mobile phone).
Product name Brief description of the product
Must include details on features of the product, customer problems it solves, and benefits it provides.
i. Coal Metallurgical (met) coal (also known as coking coal) is a type of limestone that
normally occurs in the Earth's crust. Difficult coking coal, semi-hard coking coal,
moderately coking coal, and pulverized coal for injection are all types of met coal
(PCI). Such terms refer to the various grades from meet coal that are used to create

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steel. Such classifications contribute to the characteristics of coal test scores as
well as how they undertake in the production of coke and iron.
ii. Petroleum
Copper
Copper is a necessary component of life and modern society. Copper may have
been one of the first metals utilised by humans, according to evidence. Copper is a
good conductor of energy, that's why it is found in a wide range of ordinary home
items and is critical in developing countries. It's also corrosive environment and
antibacterial, which means it doesn't allow bacteria to develop. The cabling,
plumbing, and equipment in the average Australian home include 90kg of copper.
b. Services relevant to the business plan (at least two)
Service refers to an activity or intangible item that the business offers for sale as a separate item (E.g. mobile service plan) or as a significant
component of another product (E.g. after-sale service for a car or mobile phone).
Service name Brief description of the service
Must include details on features of the service, customer problems it solves, and benefits it provides
i. Certainty
with
flexibility
Working with OS gives you the opportunity to relocate between sites, giving you access to new
talents and methods of working. We'll achieve this by making sure a relocation is a good fit for you,
but we're really willing to talk about any training and development opportunities. Once you have a
suggestion for a flexible work schedule that interests you, please share it with each other during the
hiring process or even with your squadron commander if you join OS.
Evening only, day-shift only, component, work sharing, stagger schedules, casual, 2on/1off, or
1on/2off shifts are just a few of the choices available.
ii. Empowered
teamwork
Our performance culture encourages our employees to share their thoughts. Every employee
contributes their own set of skills, experiences, and viewpoints to the table. We're searching for
people with a variety of backgrounds who can contribute their energy and excitement to putting
innovative ideas into action. We want to enhance performance, safety, and growth for our team by
minimising team sizes. OS employees have more touch with their bosses and are more
communicative with one another.
c. Customer needs for products and servicesidentified
Customerneedsrefertoreasonsthatdriveacustomer’sdecisiontobuyaproductorservice.Customerneedscanbeofdifferenttypessuchasprice, quality,
convenience, choiceetc.
Product Customer needs
At least two for each product
i. Coal This division manufactures and sells natural gas for use in transportation and industrial generation
information. BHP operates mines in both Australia and South America. This sector also develops
and distributes tough coking coal, which is used in the mining industry.
BHP has operations in Queensland and New South Wales, as well as a 33 percent stake in the
Cerrejon plant in Colombia, which provides the global market. BHP Billiton Mitsubishi Partners
holds 50% of the company, BHP Billiton Mitsubishi Coal owns 80%, and New South Wales
Energy Coal owns 100%.
ii. Copper This business is specialized in copper, silver, lead, zinc, molybdenum, uranium, nickel, and gold
development and processing. The uranium business consists largely of the nation's biggest uranium
resource in Olympic Dam, South Australia.
The Olympic Canyon mine also supplies copper, gold and silver and has completely functional
infrastructure onsite to transform ore to bullion. The business also owns the Nickel West mine in
Western Australia and holds a stake in copper projects in Chile, Peru, and the United States.

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Service Customer needs
At least two for each service
i. The operating model is meant to allow each Organization to focused on its basic government
purposes of maintaining employee safety, increasing output, and lowering costs. It also assures that
each Organization has independence and the abilities to create effective and efficient decisions.
Additionally, by segregating marketing, management, and executive operational strategies from the
Subsidiaries, each Business can benefit from standardised corporation procedures while being less
impacted by economic considerations. It also fosters strategy implementation and allows for
broader portfolio and rational decision at the entire corporate level.
ii. The operating model of BHPB is based on minimalism and homogeneity. Mandatory quality
standards, current leadership architecture, common systems and procedures, and similar analysis
and project are all examples of this.
Despite the relative uniformity of extracting processes and the magnitude of Tier 1 assets, there
seem to be substantial benefits in standardising processes and procedures, switching power, and
technology throughout the organisation, while operating and selling things in several various
locations and marketplaces.
d. Target market for the products and services identified
Targetmarketreferstothespecificgroupofcustomerstowhomabusinesswantstosellitsproductorservice.Targetmarketcanbeidentifiedbyone
ormorefactors,suchasage,gender,incomelevel,educationlevel,geographiclocation,maritalstatusetc.
Product Target market for each product
i. A target market is a group of possible wishes to sell products would like to sell its items / products.
This category also covers individual clients who are targeted by a business's marketing campaigns.
A target market is a segment of a product or service's overall market. In July 2020, the coal giant
reported a 3% drop in sales to 37.36 million tonnes. Following the interruptions induced by the
COVID-19 epidemic, Coal India Ltd has lowered its output plan for FY 2020-21 to 650-660 million
tonne, an executive said this on Saturday.
ii. Australia exported $64 billion worth of coal in 2019. Australia's greatest customer was Japan,
which accounted for 27% of our annual coal exports ($17 billion). China followed in next,
accounting for 13.7 billion dollars worth of our coal production.
Service Target market for each service
i. Some businesses compile a market needs document when establishing a new product or bringing an
organization ’s competitive advantage to a market segment (MRD). This is very prevalent in
companies that have top executives or who administer product development or market presence
efforts as contracts. The documentation has been used to govern the product or service's design,
manufacture, or production and manufacturing. The material may be combined into a broader
marketing campaign for a product line range, or the documentation may be referred to that other
name in various organisations.
ii. Mining is also a lengthy industry, because unlike production and other industry industries, being a
decreased operation requires more than just organisational structure. The key nature of the
resources element, like whether it is Tier 1 or not, are a primary driver of cost structure. From
identification to first revenue, these assets might take anywhere between 10 and 20 weeks to
construct. BHPB's business style and central decision allow it to make individual, real worth
selections about such assets (whether it is through research or new purchases) while also increasing
the effectiveness of its current properties.

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e. Market size for the products and servicesidentified
Marketsizereferstothemaximumtotalnumberofcustomersortotalsalespossibleinthemarketinanygivenyear.Itincludesquantityaboutone or more of
the followingparameters:
 Total number of customers in themarket
 Total revenues of themarket
 Expected future growth in number ofcustomers
 Expected future growth in revenues of themarket
Product Parameter
At least one parameter for each product
Quantity
Coal Coal is graded according to its degree of transition or
maturity, with chemical composition ranging from.
Tons and millions of tonnes are the units of
measurement. The nuclear reactor's fuel. Power can
be thought of as the output of energy.
Copper
Service Parameter
At least one parameter for each service
Quantity
Human resources service Based on corporate strategy, company goals, and
planning processes, a company may construct an
effective human resource plan to establish staffing
acceptance criteria. The plan should include a list of
required skills and expertise, as well as learning &
growth requirements. The plan may then determine
if the employees are comprehensive, portion,
temporary, contract, or casual. HR requirements are
likely to vary as the company develops and evolves.
Managers and key personnel must constantly
evaluate each employee's position description and
responsibilities while taking into account the
company's budget, technological advancements, and
planned changes.
Physical resource services Facilities, technology, and commodities, including
office building, servers, software, furnishing,
production machines, and raw materials, are forms of
direct commodities. It's possible that electricity will
have to be considered. Relevant unit projections and
budgeting must account for this. Every operation
must be examined to determine the physical
capabilities required to meet the performance targets.
To make sure that the company has the means to
terms of time and resources, resources must also be
reported for.
5. Identification and analysis of marketing approaches of theorganisation
Marketing approaches refer to the ways a business implements its marketing strategy. It typically includes marketing/distribution channel(s), and
advertising and promotion methods

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a. Marketing/distributionchannels
Marketing/distribution channels refer to the paths taken by the organisation to market and sell its products and services to its customers. An
organisation may use more than one channel.
Identification of marketing/distribution
channelsusedbytheorganisation(atleast
one)
Analysis of how the marketing/distribution channel(s) identified are appropriate for the products and
services identified in section 4
Direct marketing This marketing channel is appropriate for companies that serve a diverse set of clients
and market categories. Continue developing from suppliers to customers via a series of
intermediates in this network layer. Wholesalers, dealers, and marketers are examples
of middlemen. Companies can either rely on huge retailers to get their items to clients,
or they can work with wholesalers. Those distributors make goods to a number of small
shops who then sell them to customers in their particular locations.
b. Advertising and promotion methods
Identificationofadvertisingandpromotion
methods used by the organisation (at least
one)
Analysisofhowthepromotionandadvertisingmethodsidentifiedareappropriatefortheproductsand
services identified in section4
Product strategy When it comes to development, BHP Billiton has put in a lot of work. They make
certain that the marketing strategies are up to par. The corporation invests in a variety of
promotional methods, including paper, tv, television, and now even internet operations.
BHP Billiton also participates in a wide range of CSR activities around the world. That,
in turn, enables the organisation unintentionally gain additional advertising by
extending out to the general public. The corporation also engages in e - commerce
marketing. This contributes to the business's expanding consumer base. As a result,
BHP Billiton's marketing mix is completed.
6. Competition analysis
Fill in the following for your organisation and at least two competitors
Organisation Competitor 1 Competitor 2
Business name BHP Billiton Limited Rio Tinto
Product offered (at least one)
Service offered (at least one)
Target market UK Newzealand China
Pricing structure
Pricingstructuredefinestheapproachto
pricing products and services. This can
include:
 Baseprices
 Discounts
 Promotionaloffers
Skimming Competitive High

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Financial information forone
or more of the following
parameters:
 Number of customers orusers
 Marketshare
 Revenue
 Netprofit
250 350 200
Competitive strengths
(at least two)
Strengths refer to factors that make a
business more desirable to customers.
Through mergers and
acquisitions, I have a
proven track record of
successfully merging
complementary
businesses. In recent
years, it has completely
incorporated a multitude
of technology businesses
to streamline operations
and develop a
trustworthy value chain.
Excellent Results in
Emerging Markets - BHP
Billiton has developed
competence in entering
and succeeding in new
markets. The expansion
has allowed the company
to diversify its revenue
streams and reduce
economic cycle risk in
the markets it serves.
Competitive weaknesses (at
least two)
Weaknesses refer to factors that make
a business less desirable to customers.
7. Analysis of management arrangements
At leasttwocontractsrelevanttothebusinessplantobedeveloped Analysisofhowthecontractsidentifiedarerelevanttothebusinessplanto
bedeveloped
i.
ii.

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8. Assessment of business requirements for developing a business plan
Atleasttwobusinessrequirementsforthe
businessplantobedeveloped Assessmentofwhetherthebusinessrequirementisalignedwiththebusinessobjectivesidentified
i. Growth To become more sustainable and want to improve business profitability
ii. Goodwill To increase good will in the market require to modify the business in new way
9. Analysis of business plan objectives and financial targets for the business plan to bedeveloped
Busin
ess
pla
n
obj
ecti
ve
Atle
astt
wo
Typ
e of
targ
et
Financi
al or non-
financial
At least
two must
be
financial
T
a
r
g
e
t
Asse
ssme
nt of
the
busi
ness
plan
objec
tive
Is
the
busi
ness
objec
tive -
Speci
fic?
Y es /
No
Measur
able?
Y es / No
Achieva
ble?
Y es / No
Reali
stic?
Y es /
No
Ti
m
e-
b
o
u
n
d
?
Y e
s /
N
o
i. Suggest an
indicator
of
progress;
quantify if
possible.
Determine
how you
will know
the goal
has been
achieved.
Yes No Yes No No
ii. Determine
what
solutions
are actually
Yes No No Yes Yes

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achievable
considering
the
resources,
skills, and
timeframe.
10. Sources of information and documents accessed to prepare the report
List the sources of information and documents accessed to prepare the report (e.g. organisational documents, printed or online sources for research on
market requirements and competition etc.)
Annual reports
Government websites
TASK 2
[MEETING TITLE]
Date Time Meeting Location
Purpose of meeting Develop business plan
Facilitator
Notetaker
Attendees
Attendees must sign beside their name after the meeting.

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Review of Previous Action Items
Write NA or Nil if not applicable for this meeting.
Action Items Person Responsible Remarks
NA
Nil
Nil
Agenda Item 1: [Topic]
Discussion
Call a meeting to specifically seek feedback on current and desired performance from internal stakeholders. •
Discuss any issues as an agenda item during regular meetings, such as area/unit team leader meetings, and ask for
the relevant parties to provide their views.
Version: 1.0 Page 46 of 145
Created: January 2021 Last Reviewed: January 2021

Agenda Item 2: [Topic]
Discussion
Either one-on-one or with a group of stakeholders or external stakeholders. • Interviews may be face-to-face, over
the telephone, videoconferencing or conducted via questionnaire. • Have a defined set of questions to ask when
you are seeking feedback.
Agenda Item 3: [Topic]
Discussion
An open forum where people provide input and ideas on solutions to given issues. The issue first needs to be
defined. • A key part of this approach is that there should be no analysis or negative judgment of any ideas. • One
approach when dealing with a large number of stakeholders is to break into smaller groups where each addresses
specific issues. • Each group reports back to the whole group who add additional ideas and provide feedback on the
ideas presented.
Agenda Item 4: [Topic]
Discussion
To identify the root causes of any issues that arise during the consultation, the group can develop a cause and effect
diagram
TASK 3
1. Brief description of the business

Name of the business BHP limited
Business structure Dual Listed Company structure
ABN
ACN, if applicable
Date of establishment
Business Address Melbourne, Australia
Date of establishment 1885
2. Key people involved in the business plan (at leasttwo)
Key people involved in the business plan can be the organisation’s key shareholders or leadership team of the organisation or the leaders of teams involved
in the business plan implementation.
Name
Relationship with the organisation
Shareholding in the organisation (E.g. 100% owner, majority shareholder, minority shareholder) or Work role at the
organisation
Owner They have all the rights in regard of business and have good relation with business
Shareholders They wants to success of business and have better relationship
3. Products and services
Products relevant to the business plan (at least two)
Product name Brief description of the product
Must include details on features of the product, customer problems it solves, and benefits it provides

Iron Ore This division explores for and extracts iron ore, and is one of the largest suppliers of
the commodity to global markets. The company has operations in the Pilbara region
of Western Australia and in Brazil through Samarco, a joint venture with Brazilian
miner Vale - the Samarco operations are currently suspended following the dam
failure at the site in 2015.
Petroleum BHP Billiton Petroleum explores for and extracts petroleum and gas and markets it to
more than a dozen countries around the world. Products from this division include
crude oil and condensate, natural gas, LPG and LNG. The group is involved in
projects in Australia, Gulf of Mexico, Trinidad and Tobago and Algeria This division
is also involved in potash pre-development, with holdings in Canada.
Services relevant to the business plan (at least two)
Service name Brief description of the service
Must include details on features of the service, customer problems it solves, and benefits it provides
BHP finance service
Pty Ltd
Provide financial services to their customers and sort out all the problems in effective manner.
BHP financial services Provide loans to people as per their requirements and secure business activities
4. Financial resource requirements
Details of financial resource requirements
Capital required to implement the business plan
Proposed use of funds (at least two) Proposed source of funds (at least one)
i. Equity
ii. Crowdfunding
Equity
5. Human resource requirements

Details of human resource requirements, including at least one skilled labour requirement
Work role Headcount
required
Type of labour
Skilled/Unskilled
Type of
employment
Permanent worker or
Contractworker
Nature of
employment
Full-time or Part-
time
Competencies for skilled labour
At least one from specific skills, knowledge,
behavioural attributes, qualifications and number
of years of experience
Ifthetypeoflabourisunskilledlabour,write
NA
Supervisor 2 Skilled Permanent Full time An organisation may develop a
strategic human resources plan to
determine staffing level requirements
based on the corporate strategies,
business objectives and operational
plans. The plan should indicate skills
and knowledge needed and training
and development needs. From this, the
plan may identify whether staffing is
full-time, part-time, permanent,
contract or casual.
Manager Skilled Permanent Full time As the business grows and changes,
HR needs are likely to change.
Managers and human resource staff
need to continually analyse the
position descriptions and work tasks of
each staff member while considering
the budget, changes in technology, and
projected changes for the business.
6. Physical resourcerequirements
Details of physical resource requirements
Resource required Type of resource
Quantity required
(E.g. number of units, weight,
volume, area )
Nature of physical resource
Building Physical 1
Equipment Material 20
7. Regulatoryrequirements
L ist all per mit s andlic e nc es t h at may be re qu i re dfor n e w ac t ivities beingplan ned, alo n g with permit / lic en c e t y pe andt h e s pecificloc at ionw h er e t h e per mit / lic enc e is re qu ired.
Permits

Permit type Permit name Specific location where the permit is required
Must include postcode, city and state/territory
Mining Permit Prospecting permit On provision of valid identification, a Miner's
Right can be purchased for $26.50 at the
Ministry of Mines, Industrial Regulatory and
Health (DMIRS), Mineral House, 100 Plain
Street, East Perth, at any Mining Registration
office.”
Health department Permit If you plan to sell food, either directly to
customers as in a restaurant or as a wholesaler to
other retailers, you'll need a county health
department permit. This costs about $25 and
varies depending on the size of the business and
the amount and type of equipment you have. The
health department will want to inspect your
facilities before issuing the permit.
Licenses
Licence type Licence name Specific location where the licence is required
Must include postcode, city and state/territory
Federal In most cases, you won't have to worry about
this. However, a few types of businesses do
require federal licensing, including meat
processors, radio and TV stations, and
investment advisory services. The Federal Trade
Commission can tell you if your business
requires a federal license.
State In many states, people in certain occupations
must have licenses or occupational permits.
Often, they have to pass state examinations
before they can get these permits and conduct
business.
8. Marketingstrategy

f. Customer needs for relevant products andservices
Commodity prices are determined by the worldwide market. We discover that these prices fluctuate in response to market
conditions. As a result, BHP Billiton's price primary value chain activities is mostly determined by external variables such as
international markets, competitiveness, and so on.
g. Target market for relevant products andservices
Product or service Target market
Coal Mining companies
Petroleum Different countries
Copper Different countries
Iron Different countries
h. Pricing structure for relevant products and services
We discover that while these prices fluctuate in response to market conditions. As a result, BHP Billiton's price strategy in the
marketing mix is mostly determined by external variables such as world markets, competitions, and so on. Those prices
fluctuate with the market's ups and downs. We notice that the prices of all goods fluctuate on a regular basis. BHP Billiton is a
company that trades in low-cost manufactured goods. Now we see that market prices are fluctuating. However, the prices are
also influenced by the administration's taxation. This also indicates the amounts at which the products are sold in different
nations.
i. Marketing/distribution channels for relevant products and services (at leastone)
The places where these commodities are traded. These places are not based on a country. These
commodities are traded globally. They are not restricted to any demographic border. The raw materials
are found all over the world. Thus they have to have places where they can find these materials. The
final products are circulated all over the world. The mode of transportation is very efficient and they
make sure that they crater to the daily needs of the consumers.
j. Advertising and promotion methods for relevant products and services (at leastone)
BHP Billiton has bestowed a lot of effort when it comes to promotion. They make sure that the
promotional activities are upto the mark. The company is investing is all kinds of promotions like the
newspaper, radio, television and now even in the online processes. BHP Billiton also has a great
number of CSR activities which is wide spread all over the globe

9. Financial indicators for the business plan
Gross Profit Margin. Gross profit margin is a profitability ratio that measures what percentage of
revenue is left after subtracting the cost of goods sold. ...
Net Profit Margin
Working Capital
Current Ratio
Financialindicatorsarestatisticsusedtomonitorthefinancialhealthandfinancialperformanceofthebusinessplan.Dataforthefinanciali
ndicators must be provided for one or more year – previous year, current year or nextyear.
Along with the numerical data, the source from where the data has been taken must also be mentioned.
Financial indicator
Year
Mention year
Amount Source – Relevant
Document name Source – Page number
Revenue 15000.00 Profit and loss
Net profit 2000 Profit and loss
Cash flow 30000 Cash flow
Debt 1500 Balance sheet
Shareholders’ equity 10000 Balance sheet
11. Sources of information and documents accessed to prepare the business plan
List the sources of information and documents accessed to prepare the business plan (e.g. organisational documents, financial statements etc.)

Company annual reports
Government websites
Bloomberg
TASK 4
1. Implementationplan
Develop implementation plan for the business plan.
To
be
co
m
pl
et
ed
be
fo
re
th
e
im
pl
e
m
en
tat
io
n
st
ar
ts
To be completed
after each activity is
completed
Activity
At least four
activities must be
included.
Date to be
started on
Date to be
completed by
Individual or
team or
department
responsible
Work role of the
individual or Team
name or
Outco
me of
the
activity
Actual
date of
comple
tion

Department name
Financial Before project After project
Sales Before project After project
Marketing Before project After project
Accounting Before project After project
2. Regulatory requirements
Check whether the organisation has all the permits or licenses that may be required for the implementation of the business
plan and take action to comply
Permit or licence
name
List all the permits or
licenses from the
business plan
Specific location of
the permit or
licence
Specific location must
include postcode, city
and state/territory
E.g., 2000, Sydney,
NSW or 3000,
Melbourne, VIC
Status of the permit or licence
 Available:Organisationhast
hepermitor license Notavailable:Organisationdoes
nothavethe permit or license
Ifpermitorlicenceisnotavailabl
e,identifythelinkfor the
application kit to befilled
Application kits for permits and
licenses can be taken from the
Australian Business Licence and
Information Service
(ABLIS)website.
Federal Melbourne Avilable
Mining Sydney Not available
3. Performance Measure Systems
T
o
b
e
u
p
d
a
To be updated
during refining

t
e
d
d
u
r
i
n
g
t
e
s
t
i
n
g
Performance
measure
Identify at least
four
performance
measures
defined in the
Business Plan.
Perfor
mance
measur
e
target
in the
busines
s plan
Actual
performance
data
from the
business
implementati
on
Comparison
of actual
performance
datawith
thetarget
Better than
target/Same as
target/Worse
than target
Area
improvement?
Yes, if actual
performance
dataisworsetha
ntarget; No,
ifotherwise
Implementation
status
To be
implemented/Imple
mented
Date when
the
improveme
nt was
implemente
d
Tie
to strategic objective
s. Some metrics will
be financial, such as
profit, revenue and
cash flow
Customers Websites
KPIs Financial Market
Balance score card No
financial
Market
Route analysis Activities Market
4. System failures, product failures, service failures and variances as indicated by the PMS
Report the system failures, product failures, service failures and variances as they occur, by monitoring the PMS.

This must include at least two system failures, at least two product failures, at least two service failures and at least four
variances.
Identification of failure
or variance
Date
when
the
failure
or
varianc
e
occurre
d
Time
when
the
failure
or
varianc
e
occurre
d
To whom was the
failure or variance
reported
Basedontheindividualortea
mor department responsible
in the implementationplan
Date
when
the
failure
or
varianc
e was
reporte
d
Time
when
the
failure
or
varianc
e was
reporte
d
Method
reporting
E.g.,
through
internalmem
o
4a. System failures
TASK 5
1. Varianceanalysis Foratleastfourperformancemeasures,comparetheactualperformancedatawiththeperformancemeasuretargetsinthebusinessplan
 Calculate variances between the performance measure targets and actual performancedata
Performance measure Performance
measure target
Actual performance
data
Absolute variance a Percentage variance
b
2. Root cause analysis for variances
Selectatleasttwoperformancemeasuresfromthevarianceanalysisinsection1withthehighestvariances.Identifyoneormorerootcausesforthe
variancesselected.
Performance measure with
significant variance Root cause(s) for variance

Threats Therefore, a review of organizational resources, both human and financial, are
used to prioritize which antecedent conditions will be targeted.
Challenges Strategies are then developed to target the prioritized antecedent conditions.
TASK 6
Question 1
In the context of business plans:
a. Outlinetheprocessesinvolvedindevelopingbusinessplans.Explaininyourownwordshoweachprocessis
performed.
b. Outlinetheprocessesinvolvedinmonitoringbusinessplans.Explaininyourownwordshoweachprocessis
performed.
a. Processes for developing business plans
Process How the process is performed
Begin the Plan with a
Summary.
i.
Most investors and lenders are inundated with potential opportunities,
so provide a focused and brief summary — about one or two pages in
length
ii. Describe Company —
Its Business, Goals and
Objectives.
Include an explanation of the business that you are in. While this may
sound obvious, it really isn't. For instance, if you manufacture catalytic
converters, are you in the pollution control business or the auto supply
business?
iii. Analyze Market and
Determine Marketing
Strategy.
It is critical that you understand your market. A good product is not
enough to guarantee marketing success. For example, you may make
the best buggy whips in the world, but this doesn't matter if there aren't
customers to buy your product.
iv. Describe
Product/Service and How
They are Produced.
Describe your product/service in layman's terms. Explain any niche you
may have. Discuss your competitive advantage — why people will
choose your product over your competitors', the benefits of your
product/service, and how you will sustain your edge.

v. Describe Management
Organization.
Describe how you plan to operate your business. Go into detail about
location, facilities, equipment, raw materials and suppliers, workforce,
hours of operation, and methods of recordkeeping.
b. Processes for monitoring business plans
Process How the process is performed
i. Create plan review dates Business plans should be reviewed on a regular basis, especially if a
business is expanding quickly, experiencing cash flow problems, adding
new products or services or reaching into new markets
ii. Develop a tracking systemIf your business plan contains measurable goals, develop a tracking
system to assess where you stand regularly. For example, if the plan calls
for earning a certain amount of revenue per month, track revenue on a
daily or weekly budget to monitor and control the process.
iii. Coordinate business and
marketing plans
Business and marketing plans overlap in several ways, so reviewing both
documents simultaneously on a regular basis helps you monitor and
control the goals and measurements of each plan.
iv. Make changes when
necessary
A business plan is not an unchangeable document. Consider it a fluid plan
that can be tweaked and updated as your business changes and grows.