Comprehensive Report: Operational Planning, Innovation, and Leadership

This report delves into the critical aspects of operational planning, innovation, and leadership within a business context. It differentiates between short-term and long-term operational plans, outlining methods used for planning, the role of operational plans in achieving organizational objectives, and the elements of an effective budgeting process. The report examines various approaches to developing key performance indicators (KPIs) and discusses relevant legislation and regulations impacting operational planning. Furthermore, it explores the relevance of performance management policies and procedures, analyzes the theory of open innovation, and addresses emotional intelligence in the workplace, including its benefits and strategies for effective communication. The report also covers employment conditions, legislative requirements, performance management systems, and workplace networks. It presents case studies on ABC Business Consulting and eCart, providing practical applications of the concepts discussed, including implementing workplace innovation, developing sustainable work practices, and fostering emotional intelligence across an organization. The report offers a comprehensive overview of strategies to enhance leadership and management effectiveness.

Management

Manage Operational Plan
 Short term planning
The short-term goals are the image of how well the programs of company are executing.
 Long term planning
The Long-term goals are fundamentally strategic goals. They contribute in the mission of
company.

Methods used for operational
planning in your organisation-
 Establish goals
 Define activities
 Device KPIs
 Resource the plan
 Communicate the plan
 Implement the plan
 Evaluate the plan

Three elements of an effective budgeting
process
1. The people
2. The data
 Details
 Outer data
 Timeliness
 Drivers
3. The process

Theory of innovation- Open
innovation
 The open innovation is an expression, which is utilised to encourage
the information age mind set to the innovation, which operates
counter to silo mentality of the conventional organisational research
laboratories.
 The advantages behind enhanced openness have recorded as well as
analysed as far back as year 1960, Particularly as this pertains to
interim the organisation in the research and development

Areas of Innovation within the context of an
organisation
 Core business values and objectives
 Broader environmental context
 Value and benefit of innovative ideas and projects

Policies and procedures that are
relevant to managing a project-
 Advisory Policy- As per advisory policy, it is required to make sure
that the workers have the knowledge of the consequences of some
conducts and activities.
 Regulatory Policy- this policy ensures standards of the
organisation.
 Informative Policy- The informative policy is designed not for the
implementation, however for the training.

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