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Develop and Implement Strategic Plans for Bounce Fitness

   

Added on  2023-06-15

24 Pages1675 Words471 Views
DEVELOP AND
IMPLEMENT
STRATEGIC
PLANS
BSB60215 Diploma of Business
BSBMGT616
Develop and Implement Strategic Plans for Bounce Fitness_1
OVERVIEW OF THE
PRESENTATION
Introduction & Background
Company’s mission and vision
Company’s current performance
Company’s business objectives
PEST analysis
Competitor’s Strengths and Weaknesses
SWOT analysis
Company’s future strategy and
initiatives
Evaluation of cooperative ventures (risk,
cost benefit analysis, due diligence)
Develop and Implement Strategic Plans for Bounce Fitness_2
OVERVIEW OF THE
PRESENTATION
Strategic plan timeline, responsible
parties
Communications plan
Measurable performance indicators to
monitor progress in implementing plan
Making provisions for change request in
the plan
Evaluate achievement of objectives at
agreed milestones
Monitor and review
Feedback, support and endorsement
Develop and Implement Strategic Plans for Bounce Fitness_3
INTRODUCTION & BACKGROUND
Bounce Fitness is a fitness center at Cairns with various other centers that caters to a
number of customers. Established in 2001 as a single studio.
Healthy employees are considered more productive as compared to chronically ill
employees
The cost associated to prevent injuries is less as compared to treatment before that
by remaining fit and healthy (Wolf and Floyd 2017)
Marketing is essential component to maintain growth as well as market penetration
Basic market need means reduction of corporate costs as well as increases in
employee efficiency, which can be achieved by conducting long-term wellness
Develop and Implement Strategic Plans for Bounce Fitness_4
COMPANY’S MISSION AND
VISION
The Mission Statement of Bounce Fitness serves the community with quality, unique,
comprehensive as well as distinctive health services and programs (van Buuren et al.
2014). In addition, the employee team of Bounce Fitness will be expanded who will
provide preventive services to bring improvement in the quality of life among the
participants. This can be done by providing health and fitness services by utilizing the
state of art equipment as well as practices. Therefore, the programs will show the needs of
the members and that should be financially viable across all the stakeholders.
The Vision Statement of Bounce Fitness aims to become premier provider of wellness
integrated services. Bounce Fitness will conduct comprehensive programs and services to
empower the employee culture and creative acquisition of resource use (Smith 2013).
Develop and Implement Strategic Plans for Bounce Fitness_5
COMPANY’S CURRENT
PERFORMANCE
Increased use regarding fitness facilities for
individuals
Incorporating fitness memberships in basket of
benefits and that is added to the total compensation
package (Phillips and Moutinho 2014)
Develop and Implement Strategic Plans for Bounce Fitness_6

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