Federal Strategic Plans Implementation: HCAP in Opening Doors
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This assignment involves analyzing the role of the Health Care for the Homeless (HCAP) program in implementing federal strategic plans, specifically focusing on the initiative 'Opening Doors'. It requires a critical evaluation of the existing literature on this topic and developing recommendations based on findings.
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 1.1 Analysis of Cloudreach.........................................................................................................1 1.2 Analysis of comparative measures of performance..............................................................2 TASK 2............................................................................................................................................4 2.1 Actions to overcome weaknesses of Cloudreach..................................................................4 2.2 Ways to maintain exiting performance of Cloudreach.........................................................5 2.3 News areas in which Cloudreach could expand....................................................................7 TASK 3............................................................................................................................................8 3.1 Business objectives and plans...............................................................................................8 3.2 Business plans to incorporate changes..................................................................................9 3.3 Action plan to implement changes......................................................................................12 TASK 4..........................................................................................................................................14 4.1 Impact of proposed changes on business performance of Cloudreach...............................14 4.2 Method to manage changes in the business entity..............................................................15 4.3 Monitor on improvements in performance of Cloudreach..................................................16 CONCLUSION..............................................................................................................................17 REFERENCE.................................................................................................................................18
INDEX OF TABLES Table 1: SWOT analysis of Cloureach............................................................................................1 Table 2: Business plan for Cloudreach..........................................................................................11 Table 3: Action plan.......................................................................................................................14
ILLUSTRATION INDEX Illustration 1: Economic position of Apple plc................................................................................3 Illustration 2: Business plan essentials............................................................................................9 Illustration 3: Performance Management tools..............................................................................16
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INTRODUCTION Small business organisations play crucial role in country's effectiveness and economic growth. For increasing small businesses' government of the nation plans project regarding their expansion and enhancing social development. The present report isto understand actual performance of Cloudreach Ltd for its expansion and improving quality services. It is small scale InformationandcommunicationsectororganisationofUKprovidingtelecommunication services.In this regard, actual business performance of the entity and ways to reduce its weakness by business plan can be understood. However, impact ofplans for business entity's efficiency will be introduced. Including this, ways to manage these changes has been discussed for improving its performance and management of its operations efficiently. Therefore, method to expand business and improving its services can be understood with the help of this report. TASK 1 1.1 Analysis of Cloudreach For expansion of the enterprise, it is required to analyse its actual performance critically in respect of finance, quality of services, employees' performance, customers' satisfaction with its facilities etc. Therefore, different ideas are generated to maintain strength, reduce weaknesses, grab opportunities to overcome weaknesses and so on (Andrews and Hampel, 2015). In this regard, business performance of Cloudreach can be recognised as below: Table1: SWOT analysis of Cloureach Strength: Good market position. Affordable coston telecommunication services of Cloudreach. Effectivefundandresourcesfor business operations. Weaknesses: Poor quality services. Lack of adequate demand for services of Cloudreach. Difficulttosustainincompetitive market. Opportunities: Toadoptrecenttechnologiesfor improvingqualityservicesof Threats: It is difficult to maintain and sustain marketpositionofCloudreachfor 1
Cloudreach. To advertise services for sustainability in market and increasing demand for its services. Toallocatefundfromgovernment agencyandfinancialinstitutionfor expansion of business entity. longer time period. Changes in customers' interests towards telecommunicationservicesaffect productivityandprofitabilityofthe organisation. Occurrenceofuncertainchanges impacts on business operation of the enterprise. Therefore, it is identified that Cloudreach has good market position can be maintained in the future time as well it charges affordable cost on telecommunication services which liked with production and distribution system. However, on the critical evaluation, it is evaluated that quality of its facilities is poor for which less demand on its services is determined in comparison to other entities. Similarly, it is difficult for the entity to sustain its position in market due to changes in technologies and customers' interest (Bean, 2015). Therefore, these weaknesses can be overcome by adopting new technologies and promoting services to encourage people for its facilities on large scale. Including this, by taking advantage of government's help to expand entity and improving its quality services at maximum level. Along with this, due to occurrence of uncertain changes in business operations like; changes in market price, political and social changes, effectiveness of Cloudreach can be enhanced. Likewise, for making place in market, it is essential to evaluate customers' choices and helpful for maximising their satisfaction level. Hence, it is required for the entity to maintain and increase its strength and reduce the weakness Is related with organisation's effectiveness. 1.2 Analysis of comparative measures of performance Competitivemeasuresarebeneficialtoanalysecompany'smarketabilityand competitiveness affect profit earning capacity. However,it can be done through using tools such as comparing organisation's performance with its competitive entity, benchmarking, analysing business records as well last years' performance of the organisation (Blackburn, Hart and Wainwright, 2013). Therefore, competitive measures of Cloudreach can be identified as follows: Analysing business records: 2
Identifying business performance of Cloudreach financial tools used are, profit and loss account, balance sheet and other notes, economic position of the entity can be analysed. Includingthis,pricedeterminationonitsservicesandideasformarketabilityand competitiveness are created for the entity (Cai and et.al. 2014). Likewise, identifying business records is beneficial for comparing last years' performance of the company through ratio analysis and enhancing its profitability as well liquidity position effectively. Thus, analysing business records and last years' performance of Cloudreach will be able to make appropriate decision for entity's effectiveness and increasing competitiveness on large scale. Comparing performance of Cloudreach with its competitive entity: It is essential to identify market position and competitiveness of Cloudreach through comparing its position with its competitive entities. There are countless organisations in IT sector such as Apple, Microsoft, Google, IBM, Cisco etc. and many more However, comparing financial position of the Cloudreach with these entities, generates ideas forto increase its productivity and sustaining market position (Cappelli and Tavis, 2016). Therefore, financial position of the Apple can be analysed as follows by which performance of Cloudreach can be compared as: It is interpreted that financial position ofApple has increased at maximum level interms of sales revenue since 2012. It is because of increasing demand for services and sustaining its 3 Illustration1: Economic position of Apple plc (Source:Financial performance of Apple plc,2016).
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brand recognition. However, its market position and demand for services is quite effective (Carraher and Paridon, 2015). In comparison to Apple, its financial and market position is lower, which is required to be improved by adopting new technologies and attracting people with its services. Therefore, it is essential for Cloudreach to improve its financial health. Benchmarking: It is comparative tool used for comparing entity's market position with other competitive by which different ideas are created to sustain market position and increasing competitive advantages on large scale. In accordance to this, through this process, market position and potential to face competition of the organisation is determined for decision making regarding further business activities (Cassar, Ittner and Cavalluzzo, 2015). Therefore, benchmarking is useful comparative tool for effectiveness of entity and enhancing its market position at maximum level effectively. TASK 2 2.1 Actions to overcome weaknesses of Cloudreach It is analysed that quality services of Cloudreach is notgood impacts on itsbusiness operations. Therefore, less demand for its services is recognisedand decision making for further year operations. Similarly, it is difficult for organisation to face competition and sustaining its market position for longer time period (Ellis and Kiely, 2015). Therefore, for reducing its weaknesses, it is needed to take appropriate actions for creating balance and increasing its efficiency as mentioned below: Analysing issues and preparing strategies: At first, it is needed to analyse the issues occurred in business operations and reasons behind them as production and distribution level, fund, resources, cost on business operations etc. Therefore, by identifying these tools, position of Cloudreach can be analysed by which further decisionsaremadeefficiently.Includingthis,appropriatestrategiesarepreparedfor management of business operations and increasing its efficiency. Therefore, preparing planning including decision making will be efficient for Cloudreach in the future time as well remain helpful to improve its performance at maximum level (Gale and et.al., 2013). Optimum utilization of resources and fund: It is required to manage resources and fund of the organisation adequately linked with its productivity and profitability. However, it is needed to utilize them efficiently impacts on 4
inventoryandfinancialmanagementofCloudreach.Therefore,managementofbusiness operations can be done appropriately for enhancing profit earning of the enterprise (Harris, Gibson and Taylor, 2015). Thus, improper management of resources can be controlled over impacts on decision making regarding business activities as well improving its quality services effectively. Taking advantage of financial aid: Cloudreach can also take advantage of funds from government and financial institutions by which business operations can manage effectively. In accordance to this, improvement of its quality services can achieve impacts on expansion of business entity and enhancing efficiency of Cloudreach on large scale. Thus, by this strategy, proper management of its services can achieve useful for increasing economic position at maximum level (Hilmersson, 2014). Therefore,by applying above mentioned strategies, weaknesses occurred in business operations can reduce as well its positive aspects can bemaintained and increased on large scale. However, through adopting new technologies, telecommunication services can be improved and further demand for facilities will increase on large scaleaffect business operations and its effectiveness at higher level efficiently (Huang and et.al., 2013). 2.2 Ways to maintain exiting performance of Cloudreach Cloudreach has effective market position which is required to be maintained and increased on larger scale. It can be done through advertising services and maintaining customers' attraction with its telecommunication facilities, adopting challenges and creating innovations in business operations etc. Therefore, following on below mentioned ways will be appropriate to maintain its business and market position sustainable as: Customer value: As customers are satisfied with telecommunication services of Cloudreach, it is needed to maintain the strategy. Including this, on the basis of analysing market demand and customers' requirement, business performance of entity can be maintained efficiently (Lambert, Susan and Robyn 2013). Moreover, by satisfying them with proper network and high speed of services, business performance can maintain for further years. Including this, providing services to customers according to their needs will be able to maintain exiting performance of the entity. Including this, it is needed to establish good relationship with customers including retailers, agents and other entities will be efficient to maintain business operations and enhancing its 5
efficiency at maximum level. Thus, increasing customer value formaintenance of current business operations and decision making on further operations efficiently. Future orientation: With adopting current trends and maintaining current business performance, it is needed for Cloudreach to forecasting on future operations. However, it is smart idea to maintain business and market position of the entity relatedits efficiencyat maximum level. Therefore, by preparing business activities in context to future orientation will be efficient to operate business activities and increasing its profitability as well comparativeness for longer time period (Miller, 2016). High quality services: It is essential tool to increase demand for services and maintaining customers' attraction towards telecommunication services of Cloudreach. Therefore, by adopting new technologies will be benefited for organisation to maintain its existing position. However, quality services of entity can be improved on larger scale as well proper management of its services can be achieve efficiently. Thus, providing high quality of services will be effective to maintain existence of the entity in competitive market for further years (Nagel, 2014). Thus, Cloudreach can maintain its existence for longer time period to sustain its position and increasing efficiency at maximum level. In accordance to this, demand for its services will be increased on largerscale related with its productivity and profitability. Hence, considering customer value, adopting new technologies and improving quality of services will be efficient for Cloudreach to make decisions regarding business operations and increasing competitiveness efficiently (O'Leary, 2013). 2.3 News areas in which Cloudreach could expand An organisation can expand in different waysto increase profitability, marketposition and competitiveness. In this regard, in following ways, organisation can expand as mentioned below: Increasing quality services: Through adopting new technologies and creating innovations in business operations, quality in telecommunication services can be enhanced. It influences productivity and profit earning of the enterprise. Therefore, marketability and competitive advantage of entity can also be increased (Ricciardi and et.al., 2015). Thus, expansion of organisation is able impacts on management of 6
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production and distribution system as well demand for its services. Hence, by improving quality of services of telecommunication and satisfying customers, they will be able to expand business on a larger scale. Establishing new entity: Expansion of Cloudreach can be done through establishing its new store or business across country and in other nation of the world as well. Therefore, it will be efficient to provide its services internationally impacts on convenience and further operations. Including this, demand for service and competitive strategies of the enterprise can increase linked with financial position of the entity (Speight and et.al., 2016). Thus,by establishing new entity of Cloudreachwill be able to expand business and increasing its value at maximum level effectively. Entering new market: It is also efficient to expand Cloudreach in terms of entering into new market for facing competition and sustaining position. However, business entity can expand efficientlyimpacts on profitabilityandcompetitivenessinthefuturetime.Includingthis,italsoimpactson productivity and profitability on whichfurther decisions are made regarding business operations and entering into new market effectively. Except from all the above-mentioned strategies, by adding new service as higher speed in mobile and network will be efficient for Cloudreach to expand its business (Stanek Babkin and Zubov, 2016). Similarly, it will be beneficial for entity to create market demand for its services and making decisions regarding business activities. TASK 3 3.1 Business objectives and plans Small business enterprise can expand and improve its efficiency through adopting new technologies and providing better services. According to given case study, it is identified that government is planning for work upon expansion of small scale enterprise as big project (Yeh and et.al., 2014). Therefore, it sets following objectives for business' effectiveness and increasing its efficiency as follows: To adopt new technologies for improving quality services of Cloudreach. To conduct market research critically for analysing actual business performance. To generate variety of ideas to increase productivity and profitability of the organisation at higher level. 7
To identify customers' requirements and recent trend to increase effectiveness of business entity and satisfying customers at maximum level. To identify competitive entities' performance and their techniques to attract customers and i market position on larger scale. To maintain existing business performance as well increasing its quality servicesaffect management of entire business operations. To face competition and increasing competitiveness at higher level linked with increasing customer loyalty. Thus, Cloudreach sets above mentioned targets for its effectiveness and increasing efficiencyaswellsustainingmarketpositionforlongertimeperiod.Forthispurpose, government's project's advantage can be taken in terms of fund allocation. Therefore, adequacy in resources and fund can be recognised able to develop its efficiency at maximum level (Harris, Gibson and Taylor, 2015). 3.2 Business plans to incorporate changes Formeetingorganisation'sgoals,effectivebusinessplanistomakeimpactson organisation's effectiveness and able to improve its efficiency (Ellis and Kiely, 2015). However, strategic planning and all activities can be understood as below: 8 Illustration2: Business plan essentials (Source: Essentials of business plan,2016).
Table2: Business plan for Cloudreach PlanActivity Identifying current position of CloudreachAt first, actual position of the enterprise is recognisedincludingfund,resources, employees'performanceinbusiness operations etc. Formulating strategiesAfter analysing actual position, strategies are formulated regarding business operations and decision making for its effectiveness. In addition to this, sources of fund for business operations,work segmentation among workers. Strategiesaremadetoincreasebusiness' effective and managing its entire operations systematically. 9
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ImplementingstrategiesIn this process, all prepared action plans are followed on forbusiness operations and for increasing its efficiency. It includes directing and staffing over business operations for further years efficiently. Performance evaluationIt is controlling stage in which performance of entity and employees are maintained. Including this, comparison between actual and expectedpositionofentityisdonewhich impacts on further operations and effectiveness of Cloudreach. If there is gap between actual and standard position then strategies are prepared to bridge thegapandremainabletomeettargets efficiently. Result evaluationInthisstage,gainedresultisanalysed includingsalesrevenue,employees' performance,financialperformanceof Cloudreach and so on. In addition to this, cost incurred on business operations is also evaluated by which different ideasaregeneratedfordecisionmaking regarding business operations effectively. Taking feedbackIn this process, feedback from all employees including mangers and goal accomplishers are taken. Therefore, business' position in market and its effectiveness are identified. 10
ReportingIn the end, reporting on business plan and goal accomplishingiscreated.Itincludesentire toolsasfinancialposition,workers' performance,marketpositionand competitiveness of Cloudreach. 3.3 Action plan to implement changes For business plan for all operations, different tools are considered as; cost incurred on business operations, time incurred etc. However, for each activity of the business plan, how much cost is to be incurred, in how much time, strategies can are analysed. Likewise, smart goals are set for reaching out to set target as; accomplishing small tasks in a specific time, setting target of 2-3% revenue of the organisation in comparison to last year's performance (Gale and et.al., 2013). Including this, discussing organisation's target with workers for generating new ideasandemergingtheirintereststowardsgoalaccomplishmentsandsoon.Therefore, expansion of Cloudreach and improving itsefficiency can be achieved efficiently affect further implementation. In this regard,action plan for the entity and its effectiveness is set as: Table3: Action plan PlanEstimatedcosttobe incurred Timeconsumedin accomplishing activity Analysing actual performance2002-3 weeks Gaolsettingandpreparing strategies 3003-4 weeks Action plans1501 week action plans8007-8 weeks Evaluating performance3003 weeks Result evaluation2002 weeks Feedback and reporting3002-3 weeks 11
Therefore, business strategies can be implemented in appropriate time with effective cost planning.Inadditiontothis,alltaskscanbeaccomplishedefficientlyimpacton effectiveness of Cloudreach and increasing its efficiency. Moreover, byapplyingaction plan according to set strategies will be able to expand entity and improving its quality services more efficiently. Thus, business enterprise can get success inthis action plan linked withits profitability and competitiveness at maximum level (Landt and Melville, 2013). However, demand for its telecommunication services will be enhanced on larger scale impacts on production of services and its competitiveness to sustain position for longer time period. Thus, small scale enterprise will be able to increase its efficiency and furtherfor management of its operations and improving quality level effectively. TASK 4 4.1 Impact of proposed changes on business performance of Cloudreach Inthisassessment,impactonbusinessperformancethroughbusinessplanfor Cloudreach can be analysed. It includes analysis of economic position, customers' satisfaction level with telecommunication services, market position and competitiveness of the entity. Therefore, impact on proposed changes for IT sector organisation and its market position can be identified and strategies(Nagel, 2014). However, by analysing market business; position, different positive changes are determined related with future business operationsin the future time. In this regard, impact on Cloudreach byimplementing action plans can be recognised as follows: Improving quality services in telecommunication and competitiveness on larger scale. Increasing satisfaction level of customers with its services and demand for facilities on larger scale. Enhancing productivity and profitability of Cloudreach impacts on further business operations and their developments on larger scale. Increasing marketability and competitiveness for further business operationsand business plans at maximum level. Better work performance of employees as well their working efficiencies at higher level. 12
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Different ideas generated for reducing expenses and increasing sales revenue for creating balance between production and distribution of services. Therefore, different positive changes are recognised in business operations and quality of telecommunication services of Cloudreach. However, its market position gets sustained and increased will be able to increase customer loyalty and satisfying them at maximum level. Including this, different ideas are generated to increase productivity and profit earning capacity of enterprise. Moreover, method to utilize resources and fund is determined whichaffect production and distribution of its services (Pugalis and et.al., 2014). Besides this, several positive changes are recognised for business activities andorganisation to increase efficiency and improving quality services at higher level. Therefore, it is recognised thatbusiness plan is able to increase effectiveness and efficiency of small scale enterprise on larger scale and demand for its services in the future time. 4.2 Method to manage changes in the business entity Implemented positive changes regarding business operations of Cloudreach can be managed using different strategies. For example; evaluating market position, adopting new technologies, fulfilling customers' requirements, creating operations in terms of future business operations etc. It will be able to enhance profitability, competitiveness and market position of the entity for longer time period (Stanek, Babkin and Zubov, 2016). However,changes can be managed by using below mentioned strategies as: Adopting recent market trends: It is essential to analyse market position and customers' requirements towards services in mobile, computer and network. Therefore, for making place and increasing its goodwill, it is needed to get adjusted and adopting new technologies. It will be able to get maximum level of customers with its services. It influences profitability, marketability and competitiveness of the entity for longer time period. Including this, good position of Cloudreach in competitive market can be maintained and enhancedaffect further business operations and demand customer loyalty (Yeh and et.al., 2014). Therefore, positive change of business entitycan be managed efficiently sustainability in market for longer time period. Establishing and maintaining good relationship with customers: 13
Through following on this tool will be efficient for Cloudreach to increase customer loyalty and maintaininggoodrelationswiththem.Itislinkedwithprofitability,marketabilityand competitiveness of the enterprise for the further years. Therefore, establishing and maintain relations with all customers including agents, retailers and other business entities will be effective for organisation's effectiveness and longer-term sustainability (Lodorfos and et.al., 2015). Future orientation: It is needed to prepare strategies of Cloudreach in terms of future orientedeffect financialand non-economicpositionoftheentity.However,varietyofideasaregeneratedregarding operating business activities. Including this, business process should be done in consideration of future activities for which its market position and demand for services will be enhanced on larger scale. 4.3 Monitor on improvements in performance of Cloudreach Improvements in business operations and maintaining its operations is needed for Cloudreach impacts on business anddemand for its telecommunication services. However, for monitoring over business performance, it is required to operate business activities and improving its quality services according to market trend and adopting new technologies (Blackburn, Hart and Wainwright, 2013). Therefore, demand for its services will be increased for further years and abletomaintainpositionincompetitivemarket.However,forcontrollingonbusiness performance and its improvement, following strategies can be mentioned below: It is required to evaluate market position of Cloudreach critically impact on further operations. Comparing actual and standard performance of the entity for furthermaking decisions regarding business activities. 14
It is needed to get knowledge of market position of entity and providing services according to customers' comfortability. Comparing business performance of Cloudreach with competitive entity will be able to generate ideas regarding business operations and managing its operations effectively. Keeping eye on cash flow and financial transactions of the entity will be able to manage business operations and controlling over its performance. Therefore, management of business performance and its operations is able by above mentioned strategies and making decisions for further years. Therefore, effective planning can be made for Cloudreach in consideration of all these tools for utilization of resources and fund. It influences profit earning capacity, market position and competitiveness of the enterprise remain able to improve efficiencies and increasing sustainability for longer time period (Andrews and Hampel, 2015). CONCLUSION With the help of this report, it is concluded that small scale enterprise can expand and improve its quality services throughimplementing business plan effectively. In this regard, actual position of the entity is recognised whichis for decision making and further effectiveness of the enterprise. Moreover, various tools are identified for management of business operations and increasing its efficiencies. Along with this, business plan and action for expansion of entity 15 Illustration3: Performance Management tools (Sources: Essentials of performance management,2016).
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and improving its quality services has been understood,affectfurther operations. Besides this, impact on business entity by changes are determined whichare for future operations. However, different ideas are generated for business and marketing strategies of theenterpriseand their management. In addition to this, performance management tools to manage existing performance of the entity has been understood identified in this project effectively. 16
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