Management - Develop operational plan

Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author Note

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Table of Contents
1. Develop operational plan:......................................................................................................5
1.1 Operational plan in consultation..........................................................................................5
1. Define an operational plan:................................................................................................5
2. What other people may the operational plan involve?.......................................................5
3. Explain the role of an operational plan in achieving the organisations objectives:...........6
1.2 Develop and/or implement consultation processes..............................................................6
1. Define a consultation process. How could it be carried out?.............................................6
1.3 Ensure the operational plan includes key performance indicators to measure
organisational performance........................................................................................................6
1. Give examples of key performance indicators that can be used in workplace..................6
1.4 Develop and implement contingency plans for the operational plan:..................................7
1. What is the purpose of a contingency plan?.......................................................................7
2. What sorts of risk are likely to happen at your organisation?............................................7
3. What maybe the impact of these risks occurring?.............................................................7
1.5 Information sources and specialised advice:........................................................................8
1. What specialist advice may you have to seek?..................................................................8
1.6 Obtain approval for the plan from relevant parties:.............................................................8
1. Give an example of SMART goal to implement a plan in your organisation:..................8
2. Plan and manage resource acquisition...................................................................................9
2.1 Develop and implement strategies to ensure that employees are recruited:........................9
1. Advantages of outsourcing recruitment:............................................................................9

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2. Policies to be considered during recruitment:....................................................................9
3. What policies may affect induction?..................................................................................9
2.2 Resource acquisition strategy:............................................................................................10
1. What are the requirements of good supplier relationships?.............................................10
2. How are purchase orders used to acquire resources?.......................................................10
2.3 Requirements for intellectual property (IP) rights and responsibilities in recruitment:.....11
1. Different examples of intellectual property and explain how would enforce your rights
for each one..........................................................................................................................11
3. Monitor organisational performance:...................................................................................11
3.1 Monitor and review performance systems and processes..................................................11
1. Performance management system:...................................................................................11
2. Examples of performance standards:...............................................................................12
3.2 Interpret budget and actual financial information for monitoring profit:..........................12
1. Information required for monitoring budget:...................................................................12
3.3 Identify areas of under-performance:.................................................................................12
1. Examples of underperformance that exist in your organisation:.....................................12
2. Concept of continuous improvement:..............................................................................13
3.4 Plan and implement systems to monitor coaching:............................................................13
1. What is the difference between a mentor and a coach?...................................................13
2. Define an effective monitoring or coaching relationship?...............................................13
3.5 Recommendation for variation in operational plan:...........................................................14
1. Meaning of principled negotiation:..................................................................................14

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2. Ways of gaining approval from relevant people:.............................................................14
References:...............................................................................................................................15