Starting a Socially Responsible Company

LO1
P1
How to start up a socially responsible company, (aims and objectives).
The corporate power legitimacy depends a lot about in the legitimacy demands and
functions of company. A company needs to perform only legitimate functions and
these in turn determine the role of company.
Company uses societal resources like manpower and raw materials and these have
to balance the needs of company and society as well.
The role include starting a company in rural area, employing many of the
handicapped and socially weaker section of the company, taking care of the welfare
and interest of employees and their family along with spreading the idea of adult
literacy. The company needs to take great care in protecting the environment they
set up their units. Along with these, the company has to look after the consumer
health issues and their safety.
These functions are qualified because the society creates company and hence,
company can be for only social welfare and economic betterment of society.
The law of the land permits and encourages company to do business and this
encourages and permits to serve society at large and is not solely for profit making.
The company must be patriotic and the endeavour must result to its contribution to
general social welfare. In other words, company should make profit only to survive
and its role is for social welfare and economic betterment of society.
Its role has to be service motivated and society oriented. In order to determine the
soul of a company, a constant evaluation is needed to look beyond ever changing
political issues. Corporate social responsibility is needed to promote narrow and
contradictory social agendas as opposed universal measures of integrity. Looking
beyond these facile symbolism opens up an examination of ethics.
P2
Project management plan (cost, scope, time, quality, communication, risk,
resource)
The project management plan gives an idea of how the team will execute, monitor,
control and close the project. These will have the subsidiary management plans and
baselines which are combined together cohesively and integrated to manage the
project.
The project life cycle includes processes used or managing the project and
information.
Project: Online tutoring, India operation (initiation, planning, execution and
closure)
Project initiation:

Online tutoring for middle grade students, Indian schools. Plan is to impart quality
internet based, tutoring for students who lack in fundamental and basics of subjects
they miss out in schools. The online tutoring will help in getting quality help at a
affordable price and within the safety of their home environment.
Project planning:
The pilot for subject Mathematics, curriculum creation for grade VIth, VIIth and VIIIth.
The curriculum creation begins with segregation of topics to be covered in each
semester and further into lesson planning. Selection of tutors followed by training
and helping each of them to guide students through interactive whiteboard
following perfect pedagogy.
Project execution:
Email and social media campaign using database and Facebook to spread the news
and offers. Motto of anytime and anywhere along with playback for review of
individual sessions. Suitable live sessions and unlimited review from recorded
sessions.
Project closure:
Conduction of sessions for short period to help overcome specific topics and sections
where students need more personal approach. These are conducted for brief period
in batches and new sessions repeated for newer topics.
Cost variance of project:
This defines the acceptable cost variance, which indicates warning and unacceptable
limits. These also defines trigger preventive or corrective action whenever there is a
change in control process.
Scope variance of project:
This defines acceptable scope variance which indicates a warning or anything which
is unacceptable. These are indicated by features and functions of the end product or
even by end product performance metrics. The major deliverables of the project is
imparting quality knowledge (fundamentals and concepts) assuming that the chosen
time and conduction period is suitable for students to acknowledge and engage in
perfect pedagogy followed live sessions. The scope also gives the entire team to
perform the detailing of every lesson plans to be covered and guide the trained
tutors to execute the final model without deviation (except in specific cases where a
parent / student request for extra duration / study materials) and are contained
within the project boundaries. The scope also helps in documenting the initial
assumptions and elaborated further only in specific cases in assumption log.
Time variance of project:
This covers the entire schedule of project and indicates the percent of variance from
baseline or circumstances which will trigger preventive action when the change
control process is enacted. The timeline of the project is stipulated and not
rescheduled unless there is a need of it, due to change in process output and are
considered under the contingency plan.

Product Quality:
Entire project is reviewed by knowledge team to cross check the curriculum and
lesson planning, hints of changes if any is corrected and reviewed before allowed for
final pilot sessions and finally allowed for live sessions with valued customers.
Communication:
The stakeholders and team members are communicated continuously for various
inputs and progress along with the mode of campaign and kept abreast of the
overall executive team including trained tutors or subject matter experts. The entire
system is kept transparent for positive inputs and changes if required for the final
product to be launched and contingency plan ready for any last minute changes in
the execution. The benefit of the service has to be explained to the customers which
instil confidence and also the better grades, higher performance and better
understanding of the subject. The display of what the customers can gain by taking
the product or service at an affordable price is essential to help mitigate the limits of
risk factors. Customers’ needs to be assured that the product comes with a unique
refund policy in case the overall conduction is not matching their expectations.
Customers can be encouraged to take a 1 – 2 trial sessions with tutors to decide
before signing up. Other ways of allaying fears is by providing testimonials from
other parents and students who have taken up sessions with the trained tutors.
Risk factor:
In any project, a risk can be almost any uncertain event associated with work. Not all
the forms of risk are important and the project manager has to identify the
uncertainty that matters and work out accordingly. The pricing of product and
providing too much of discounts can be counterproductive and hence, the product
cannot be sold below the baseline price and operational costs. The availability of
manpower or resource at a given period of time needs to be looked into hence a
backlog team of tutors are kept ready to take up live sessions or extend beyond
scheduled time frame with benefits. Interactive whiteboard to conduct sessions has
to be cross checked for bug and glitches before the final go is given for product
launch. The need of training materials has to be sent to all the trained tutors on time
so that they are well equipped before they begin the sessions.
Resource:
The availability of subject matter experts and technical team along with curriculum
designers and trainers are big issues. These are taken into account at the project
planning stage where each of these aspects are looked into, benefits well described
and manpower for both technical backup team and managing team to execute the
program are placed in appropriate task team. The communication is kept open for
any changes that are obvious in terms of management and execution teams. In-house
subject leads can help in identifying the topics and lesson planning’s for better
implementation as depending upon external sources can be both cumbersome as
well as risky in terms of product design and changes if required.
P3

Work breakdown structure and Gantt chart for timeframe and stages of
completion.
Work breakdown for online tutoring
Generic work breakdown structure for online tutoring are done in two levels. Level
1 will comprise the entire project and followed by level 2, where product breakdown
elements, service breakdown elements, results breakdown elements, cross cutting
elements and finally project management elements.
The total project takes into account the inception to final execution of the plan and it
initiates, plans, executes and closes the project. These are correlated with the level 2
breakdowns where each of the components are taken into account and planned
accordingly.
Product breakdown:
This sub-division of level 2 is basically the physical structure and product design
which are delivered to the consumers. This is considered as the common basis for a
work breakdown structure and is one of the easiest method of work breakdown
structure to develop. These have tangible output products like the software that will
be used for integrating the interactive whiteboard with voice and digital pen to be
used during live session. The live streaming of sessions, recording of sessions to be
used later by students, file transfer by tutors and students and also integrating the
flash drive / html for better presentation. The place to conduct live sessions using
interactive whiteboard, the internet speed and other basic requirements are all
integrated into manual and sent to individual members and trainers and executed as
one product in this breakdown structure.
Service breakdown:
The service projects do not have a tangible structure deliverables and is always
depending upon the others for final outcome. This output is defined as body of work
done for others and is considered as logical collection of related work areas. The
training of subject matter expert, curriculum mapping and lesson planning,
pedagogy management, campaign through various channels like social media and
email as well as outgoing calls etc. along with product design approval are all
considered under service part of the breakdown.
Results breakdown:
These again do not have tangible structured deliverable and the output is the
consequence of a process which results into a final product or conclusion. These are
a series of accepted steps and include the acceptable norms laid out by top
management to build and approve and go onto the next level of creation.
Cross cutting elements:
This level of work breakdown structure is intertwined into various sub groups of the
project. This is basically the assembling each segments of system into one or
generally speaking the integration of all sub products into one final product.
Bringing all parameters of training modules under one platform, integrating