please choose for me a small seasonal business based in uk and with the help of the structure attached and of the sample make a business plan Thank you
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Table of Contents Executive summary.........................................................................................................................2 Introduction and Company profile...............................................................................................2 Small business current situation..................................................................................................3 Human Resource and Operations Functions................................................................................5 Theoretical Applications..............................................................................................................6 Evaluate and appraise the use of resource against operations plans...........................................7 Formulate the plan to make sure that resources are maximize and remedial actions taken........9 Conclusion.................................................................................................................................11
Executive summary The current report determine the current HR practices within the City Cruises Greenwich Pier which is a small business in London. Through the report, it provide an opportunity to investigate and plan a the resources which are requires in order to attain the organization and objectives. As Human resource plays an important role in the success of a business and they also help a business to reach at further level of success. Further HR management also regulates all the human resources in an efficient way so that a business gain a competitive advantage of the company. Report will describe the current situation ofthe company and the describe the issues which company face while operating its business. Also provide the plan in order to improve the current situation of the firm by offering the best variety of customer service and use of latest and advance techniques as well. Through this report, researcher will develop a business plan for all the effectiveresource so that it will help to minimize the issue and improve the overall performance of the company. Introduction and Company profile Thehumanresourcefunctionsmainlyincludesrecruiting,providingtrainingand development session, motivate employees, performance appraisal etc. in the same way, the current report will also clearly helps to understand the meaning and importance of human resource management. For the report the chosen company is City Cruises Greenwich Pier which is a small tourism company who provide better accommodation facilities to the customers so that they will enjoy their vacations in London. Company offers different variety of accommodation facilities as per the needs and also make sure that they provide best customer services to their customers at reasonable rates suchthat by offering online booking services totheir customers. The company main objective is to develop a strong position in market, to improve the customer service, improve the profitability, use advance and latest technology for booking purpose and attract, retain and develop the talent workforce for the company. Also, the goal ofthe company isto gain high competitive advantage and that is why, it is essential for the firm’s HR to keep attracting range of new employees and manager who support
business to reach at further level of success. That is why, the report will provide important information on HR and operations functions and how quoted firm attain the define aim and objectives through a resource plan. Small business current situation As per the current situation ofthe company, it is analyzed company have good human resource management system and they always recruit the best employees for the company but due to lack of technological resource, company not meet the define aim and objectives. Further, there is no proper training session is organized for the employee motivation though, HR of City Cruises Greenwich Pier provides financial and non- financial reward system to theircompany. Not only this, as per the current situation, company have skilled workforce, but do not conduct the training session that will assist to perform the work in better manner. Further company develop training and development programs but do not have skilled trainer who easilyperform the work in better manner (Bratton and Gold, 2017). On the other side, it always use ethicsin order to mange their employees and also treat everyone in fair manner. So that it will help to motivate the employees and improve their performance as well. Further, quoted firm also recruit and select the most suitable person for every vacant position and also commit to improve the overall productivity of an organization. So it is clearly reflected that company needs skilled trainer, some IT specialist who may easily introduce new software for attracting customers (Armstrong and Taylor, 2020). This is possible only when the company have enough resources and in order to manage the issue, the company require some basic resources which are as mention below: Human Resource:Company requires skilled workforce in order to meet the define aim of the City Cruises Greenwich Pier. Financial resource:such that cash, short- term bank loans Technological resource:software and hardware Equipment:office equipment, machines. City Cruises Greenwich Pier need the adequate skill requirement in order to operate the business by attracting new customers, for that it has to introduce new software forthe booking
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and provide training session to employees so that they will easily manage the work and also enhance the customer service as well. Thus, for this, the forecast human resource requirement for the company is as mention below: Human resource Plan PositionQuantityAttracting methodKey skills and task Trainer1Through internal MethodEstablishgood relationwith employees Providethem knowledgeregarding online booking Develop soft skills in training session Developgood communicationskills forbettercustomer service Manager1Through internal MethodAbility to manage the branch operations Administration skills Abilitytomulti- tasking Skilled IT specialist2Through external methodAbilitytoMeetthe defined target Develop software for urgent booking For internal method, company use Intranet, notice in common place, employee meeting and forexternalrecruitmentmethod,companywilluseemploymentagencies,newspaper advertisement and web advertisement.
Technologicalplan:Firstly,CityCruisesGreenwichPiershoulddeterminethe technological resources and or that company require software resources such that it may purchase from the suppliers so that IT Specialist may easily develop the new software for recruiting new company and introduce newtraining software for the company’s employees (Herrera and de las Heras-Rosas, 2020). Further, for hardware resources, computer is used and make sure that it must be comply with the advance technology so that it will not cause any damage to company’s working environment. Also, IT specialist make sure that the software must be attracted and easy to access with low cost and high quality. Financial resources:Under this, City Cruises Greenwich Pier should analyze all the opening resources that will satisfy all the financial needs of the firm. For that, company should determine the cost of acquiring financial resources and then create a budget to acquire resources and then evaluate the financial resources are used in better manner or not. Make sure that assigned budget is used and obtain at low cost. Equipment resources:City Cruises Greenwich Pier willpurchase the essential equipment from market and get the detail and also maintainstock. Further a bulk purchasing also help to buy a product at low cost and make sure that it is high quality and low cost. City Cruises Greenwich Pier does not purchase any requirement at immediate basis and that is why, it have to collect the information from website, software and direct contacts. Human Resource and Operations Functions This plan provide an overview and essential information on HR and Operation function which City Cruises Greenwich Pier manage the resources in order to meet the define aim, objectives for the long term goal i.e. 12 month. Thus, with the help to human resource, company will easily manage the work and also attain the define aim and objectives of the firm as well. As company is dealing in small area and for reachingat further level of success, there is a need to implement the resource plan and this as mention below: Resource plan For City Cruises Greenwich Pier Period1 year
Budget£255000 ResourceQuantityMethodofobtainingthe resource Budgeted cost Human Resource8 employees 1 highly skilled trainer Throughinternal recruitment method Throughexternal recruitment method £250000 Technological resource 1 software 6 computers Developingnew software for hiring new employees Provideonline training session to all employees £3500 Equipment5 table 20 chairs Stationaries 1 training room inexisting building Purchasing Renting Existing resources £1500 Theoretical Applications As per the experimental learning, it is analyzed that the wants and needs of the learners should be addresses and it is possible only when the company provide effective training session totheiremployees.Pariona‐Cabrera,CavanaghandBartram(2020)alsostatethatonly experience provides a person maturity and increase the learning power with a knowledge. That is why, training is essential, by analyzing the current situation of the company’s performance, it have a skilled labor workforce but they do not get proper direction and that is why, they find difficulties and as a result, there is a need to provide effective training session totheir employees. Also, the theory state that due to personal involvement, the learner is also able to
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conduct the self- evaluationtest so that it will be helpful for them to understand the effect of learning. On the other side, it isalso analyzed that in this modern era, every company uses advance technology so that it will get better results. In the same way, HR of the company havce concern to implement new advance application that help to attract wide range of customers towards it. So by applying the social theory oftechnologies, it is analyzed that how the human and technology affect each other. Theory also state that company should involve innovative changes so that it will attract range of new customers towards It (Rodríguez, Molina-Castillo and Svensson, 2020). By complying the same, City Cruises Greenwich Pier hire IT specialist who easily attract range of new employees and also perform the work that helps in smooth operation and improve the overall productivity of the company as well. Moreover, the theory also state that technology does not determine the human action, but actually human action shape the technology and that is why, with the changing environment, there is a need to opt the advance technology so that it will help to improve the financial performance of the company. By applying the same. City Cruises Greenwich Pier will easily meet the aim because the HR of the company faces issue with the same, I.e. to lower down the financialperformance, employeelow performance due to lack of effective training session, did not comply with advance technology etc. Therefore, by using the models and theories, the quoted firm easily meet the define aim and minimize the error as well. Further, it is also analyzed that, by making efforts in order to improve the overallperformance of the company, there is a need touse advance tools and techniques so that it will help to minimize theerror and provide better opportunity of success as well. Evaluate and appraise the use of resource against operations plans In the opinion ofMadi (2020)it is realized that managers of the company actually determine the resources are in stock or not. If they currently do not have the stock, then it isquite important for them to determine the way through which resources are used or obtain. Further, in order to get the best quality of resources, each and every department of City Cruises Greenwich Pier is responsible. But before that it is quite essentialto evaluate the resource against the
organizational objectives because it make sure that allthe resources are used in effective manner. Thus these are as mention below: As City Cruises Greenwich Pier is hire trainer who is skilled and provide best training to new and existing employees so that they will enhance the customer services. Under this, the training session are organized as per the comfort ability of the employees. For that, trainer shouldmake sure that they use advance technology inorder to provide training session without the premises and working hours. Further,inordertoimprovetheprofitabilityofthecompany,CityCruises Greenwich Pier should use all the resource in effective manner such that best quality of human resource, equipment and physical resource, technology. Also, organization may buying, selling, renting all the equipment as per the defined budget. Company also hire IT specialist in order to implement the advance technology software that provide ease of booking and as a result, it will help to gain market share as well as competitive advantage as well (Costa and et.al., 2016). Further, through thisonline application, City Cruises Greenwich Pier will attract range of new customers towards it so that it will help to increase the financial performance of the company. HR main duty is to keep retaining the employees so that it will not cause any negative impact upon the company’s brand performance. That is why, company keep retaining new employees by using internal and external form of recruitment, that is why, it also conduct the training session for the employees so that it will easily attract the range of new employees towards it and solve the issue of HR. Therefore, it is evaluate that the define resource plan must be reviews once in a year so that further actions can be taken in order to implement the changes and examine the actual performance of the firm (Kurbel, 2016). Also, by assigned budget and define resource plan, company should hire the best employees who may easily improve the overall performance of the company and also take the business at further level of success. In addition to this, for evaluating the effort of HR planning function, the company ofHR may compare with HR plan withthe objectives and make performance appraisal form and analyze the productivity of the employees as well.
Formulate the plan to make sure that resources are maximize and remedial actions taken According toErfani, Pachos and Harou (2020)resources are actually managed by the company but in the same time, it is also necessary for the company to analyze that company get essential number of resources as per the scheduled time or not. As HR of the company needs requires to motivate thee employees and that is why, it trying to implement the training session and enhance their skills regarding advance technology usage. Also, for the training session, company have to hire the trainer so that they will easily implement the changes within the company. Further, City Cruises Greenwich Pier should also make sure that by recruiting the best employees and IT specialist will help to develop the new software for attracting new customers that will assist to improve the overall profitability of the company. Further, by implementing effective training session by trainer and collecting the feedback from the trainees will help to determine whether trainer provide effective training session to them or not. Schedule of the resource plan for City Cruises Greenwich Pier Key taskDuration Create a resource plan and determine the necessary resources 1 month Examine the cost of resource1 month Method to obtain resource2 months Executing the plan6 month Evaluationandthentakecorrect action if necessary 2 month In order to determine the success of City Cruises Greenwich Pier resource plan, the company will collect the feedback from the employees who attend the training so that they review the effectiveness of the training and examine whether it will creates positive impact or not (Inoue, Arakawa and Murata, 2020). Also, to determine the effectiveness of the customer services, they take review from the guest who stay in the premises. This will help to determine the customer satisfaction level ofthe company and also, City Cruises Greenwich Pier also set the Key
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performanceindicators and reviewafter 1 year that they are attain or not. Or else, there is another option for the company that it may also evaluate the resource plan with a business objectives and check whether it is met or not by analyzing the financial performance ofthe company. Along with this, company also evaluate the success of the plan i.e. training session by determining whether theemployees improve their performance or not in order to attain the define aim and objectives. Remedial action If organization did not follow up the above mention plan, then it cause negative impact upon the business. But on the other side, there are another options available forthe company that will be beneficial and these are as mention below: May creates another resource plan that is known as Plan B because it will be better for the firm for planning as well as require the resources by met with the specified time. Further, it is also recommended tothe company that they should conduct effective training session for every 1 week that willhelp to determine the strength and weakness of the company. Along with this, whenever a new employee is hire within a business, it is the duty of HR to make sure that they feel comfortable within the business area so that it will not cause any negative impact upon business (Uddin and et.al., 2020). Further, company may also use temporary human resource and it is applicable only when company do not want to invest on them for long term. Also, it is also analyzed that company make a contract with the trainer annually and that person will come at the time of training only and it may be once in a month or quarterly basis or half yearly basis, means depend upon the need. Moreover, company will also outsourcing the resources which means that it may easily find all the necessary resources internally then it may use outsource resource. It is so because through this, they can easily implement the plans without any errors. Also, the company should start using the advance techniques for the booking offers such that in order to increase the profitability, City Cruises Greenwich Pier may start offering the discount vouchers to their customers. This strategy will help to meet the define aim and objectives and also assist to attract range of customers towards it as well.
Conclusion By summing up aboveit has been concluded that HR ofthe company needs to implement the training session for motivating employees and that iswhy, they need trainer as a human resources and financial resource. Also, study concluded that they want to introduce online application by complying advance technology and for that they use technology resources. Further, report concluded that by applying the theories and model, company will easily evaluate the theories and concept such that theory of experimental learning and social theories that will also assist to make sure that the plan is effectively measures. Moreover, through formulating the resources plan, company will also easily adjust the resources and also make sure that it will attain the define aim or not. Overall, if company do not want to adopt the business resource plan, then other remedial actions are also taken that helps to meet the define aim and objectives.
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