logo

Develop and Implement Business Plans | Desklib

   

Added on  2023-06-18

28 Pages7365 Words368 Views
Business DevelopmentFinanceLeadership Management
 | 
 | 
 | 
Ce ntra l Au s tra li anI ns tituteof Te c hno logy P ty Ltd |CR I CO S: 0321 7C |TO I D: 22302
Develop and Implement
Business Plans
Develop and Implement Business Plans | Desklib_1

Ce ntra l Au s tra li anI ns tituteof Te c hno logy P ty Ltd |CR I CO S: 0321 7C |TO I D: 22302
Develop and Implement Business Plans | Desklib_2

Ce ntra l Au s tra li anI ns tituteof Te c hno logy P ty Ltd |CR I CO S: 0321 7C |TO I D: 22302
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.
Develop and Implement Business Plans | Desklib_3

Ce ntra l Au s tra li anI ns tituteof Te c hno logy P ty Ltd |CR I CO S: 0321 7C |TO I D: 22302
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.
Develop and Implement Business Plans | Desklib_4

Ce ntra l Au s tra li anI ns tituteof Te c hno logy P ty Ltd |CR I CO S: 0321 7C |TO I D: 22302
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
Develop and Implement Business Plans | Desklib_5

Ce ntra l Au s tra li anI ns tituteof Te c hno logy P ty Ltd |CR I CO S: 0321 7C |TO I D: 22302
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 hat may be requi redfor n e w ac t ivities beingplan ned,alo n g withpermit / lic en c e t y p e andt he spec ificlo c at ion wher e t he per mit / lic enc e is re qu ired.
Eac hpermit 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,
Develop and Implement Business Plans | Desklib_6

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Linking Vision and Mission to Strategic Human Resource Management at BHP Billiton
|4
|1572
|21

Advance Diploma in Accounting
|19
|3203
|29

BHP Billiton: Systems Thinking
|13
|2811
|265

Organizational Analysis: A Case Study of BHP Billiton
|9
|3283
|70

BHP Billiton Ethics and Sustainability About the Company
|19
|1040
|480

Headquarter of this company is located in Melbourne
|22
|1666
|21