Manage Innovation and Continuous Improvement in Woodhouse Recruitment
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This report discusses the implementation of social media and sustainability, supply chain management, improvement performance tools and techniques, and innovative ideas for Woodhouse Recruitment. It also includes an action plan, importance of continuous improvement, and risk assessment.
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Manage innovation and continuous improvement
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 ASSESSMENT-1.............................................................................................................................3 Implementation and innovation in social media and sustainability.............................................3 Supply chain management...........................................................................................................4 Improvement performance tools and techniques.........................................................................5 Trends and opportunity of the Woodhouse recruitment..............................................................5 Woodhouse performance statistics..............................................................................................5 Innovative idea that Woodhouse could adopt and implement.....................................................6 Email to the manager...................................................................................................................6 Notes for continuous improvement for the management team of company................................6 Email to all parties involved........................................................................................................7 ASSESSMENT-2.............................................................................................................................7 DEVELOP ACTION PLAN........................................................................................................7 Importance of continuous improvement......................................................................................7 Risk assessment of continuous improvement and innovation initiative......................................7 Cost benefit analysis of initiative.................................................................................................8 The impact of the change and the consequences for staff for each initiative..............................8 Contingency plan.........................................................................................................................9 Email to manager.......................................................................................................................10 Survey sent out by Woodhouse Recruitment might have not been effective............................10 Success from continuous improvement.....................................................................................11 Outcomes of survey analyse......................................................................................................11 Recommendation for future customers......................................................................................12 CONCLUSION..............................................................................................................................13 REFERENCES..............................................................................................................................14
INTRODUCTION Continuous improvement and mange innovation is a process where business identify their improvement and innovation this process is to achieve the higher goals and regular and frequent improvement and innovation in the organization. This report includes the information about the Woodhouse Recruitment that is based in central Melbourne and is a recruitment agency offering recruitment services, including sourcing, screening and selecting candidates to meet clients’ requirements. This report also include the information and various strategy, principles that determined the company position and improve it. Report aim is providing the actual information while applying various theories and new strategy and the new innovation in the company. ASSESSMENT-1 Implementation and innovation in social media and sustainability Social media Woodhouse recruitment company is not using social media for their clients or for their own therefore, company need to improve this and adopt the social media for appoint and recruit the staff and for requiring that can easily apply through online. There's also a draw back that company staff, consultant who is not that much qualified to process the methods online. If company want to develop social media or digital process in their company they need to teach their employee or consultants for this process and for betterment of the company (Appel, 2020). Implementation of social media strategy Key factor for implementing social media in a business is time. Many businesses have online presence, but they don't post or active on it. Do company need social media:-for a consultant company nowadays this is important to adopt a social media in the company for their betterment and efficiency. Which type of channels company need:- Woodhouse recruiter need social media channel like Facebook, LinkedIn , Instagram to grab the audience because majority of the people who want job or consultancy are on these type of channels. Set a goal:-for better outcome of the company. Company need to set a goal that how they'll teach their consultant for implementing a online presence of the company and measure the actual fall down because of not implementing the social media.
Sustainability Woodhouse recruitment does not have any formal sustainability initiatives in their business. Sustainability refers to doing business in a good and better way rather than wasting time and having impact of business. Sustainability in business refers effect of environment and society on the business. Company should have implemented formal sustainability in their business because it can drive their business towards success. Implementation of formal sustainability strategy Sustainability is the key factor for the business strategy and there are some factors that drive a successful sustainability strategy. Talk and engage:-for applying this company need to focus on their business strategy and their competitor. For developing the sustainability in the business and business have to focuson the sustainability initiatives and the business benefits. Assess and prioritize:-it is mainly focused on the specific market where company want to target and value chain of the company (Brunelli, and Di Carlo, 2020). Commit and collaboration:- company should collaborate with their consultant to teach them new techniques and innovation for the business improvement and build the right partnership and key stakeholder of the company. Supply chain management supply chain:-The supply chain management is the process of investigation in the company. This method used by every company to transfer their service or product to ultimate consumer of the company. The company used this method for providing their customer a good consultancy of services. Operational system:- company operational system include various steps such as; Planning:-planning to develop the program regarding services of the company and sale them to the customers. Purchasing:- this step included in the operational system in the company which provides the purchasing planning courses for the customers. Product and service delivery:-company have their own service standard in which their own website has delivery service standards. Company promise to their clients provide clear benefits offer and give reliable services to the customer.
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Improvement performance tools and techniques Company need to improve in their techniques and tools as results in sustainability measure Key result area:-this indicated the general area of thee roles and responsibility of the company. This can vary according to department and division of the company. Key performance indicator:-this indicated the different sources of the different department of company. The quality of services to the clients provided by company. Performance review processes:-this includes the measure performance of the company and performance appraisals which boost the consultant confidence of the company. Specialist that could help Woodhouse recruitment as on technology base and electronic commercetheir services are providing the application and information security to the company and software development, integration and maintenance of the company. Electronic services provided to the company by specialist should be website services and supply distance teaching, laptop, PC's services etc. Trends and opportunity of the Woodhouse recruitment As technology empower a new form of recruiter who strategies and effective in their work. Technology sector demand:- nowadays technology related business is totally depending upon the consultancy support that's why Woodhouse can be on the peak with this opportunity . Company can also tie -up with technology company for company betterment. Deal driven market:- those people or businesses that try to develop, and their business strategy will need the consultancy firm for provide the best way and services to achieve their goals and aim. Woodhouse recruitment company performance statistics Company annual sales Increase in profits for this financial year compared to the last one is 9% and16% of placements are in the IT area, 18% in accounting, 20$ in sales and marketing and the remainder in administration and office support. 60% of revenue is from repeat client business. Fill rate is 40% (where fill rate is the number of job orders filled by the number of job orders received multiplied by 100).\
Innovative idea that Woodhouse could adopt and implement Company can reveal and fix the broken processes in the company. Company also provide fresh perspective to their client and even company can give clarity to their client's vision. Identify new growth strategy. Email to the manager Dear Sir, Manager of Woodhouse, Given that you’re a company need some improvement and innovation in the company, I believe there's a many ways of improvement in company. Company can bring the social media platform and can fix the company processes and so many more things which I described in the report. It would be nice top take a look out of this report. I’d like to take talk on this research of improvement and innovation of the company. I prefer to invite you for a meeting. Kindly revert with location. Time and date. When we can discuss this further. Seek to your feedback. Kind regards, Management team. Notes for continuous improvement for the management team of company Innovation and improvement in the company are change and with the help of both we are trying to make something better and grow the company. For creating successful sustainable culture of improvement an innovation in the company. Company require to active involvement of all the leader who influence the employee of the company at all levels and spend their time to teach the employees in the assessment instructive for betterment of the company. As attached report I already mention so many things about thecontinuous improvement and innovation in the company. On the basis of suggestion given by team member it can be said thatKaizen strategy can also help and focus on continuous improvement of the company.
Email to all parties involved Dear Sir, Assessor, As the discussed in the meeting about the continuous improvement and the innovation in Woodhouse recruitment company final agreement will be applying the strategy that suits for the company betterment that is Kaizen strategy for continuous improvement in the company and the other methods which I already discussed with you in report. Kindly revert with your feedback on it. Thanks for giving your precious time. Kind regards, Management team. ASSESSMENT-2 Develop action plan Task NameDurationStartFinishPredecessors Identificationofareasfor continuous improvement2 daysTue10/5/21Wed10/6/21 Preparationofreportto manager10 daysThu10/7/21Wed10/20/211 Identificationofrequired resources4 daysThu10/21/21Tue10/26/212 Selection of strategies7 daysWed10/27/21Thu11/4/213 Measuring effectiveness of supply chain4 daysFri11/5/21Wed11/10/213,4
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Recruitment of specialists4 daysThu11/11/21Tue11/16/215 Research on current trends and opportunities3 daysWed11/17/21Fri11/19/215,6 Setting industry benchmark4 daysMon11/22/21Thu11/25/217 Identification of innovative business ideas6 daysFri11/26/21Fri12/3/218 Mail to manager1 dayMon12/6/21Mon12/6/219 Meeting conducted2 daysMon12/6/21Tue12/7/218,9 Mail to all participants1 dayMon12/6/21Mon12/6/219 Prepared action plan19 daysTue12/7/21Fri12/31/2110 Identification of importance of continuous development4 daysTue12/7/21Fri12/10/2112 Mail to manager1 dayMon1/3/22Mon1/3/2214,13
Importance of continuous improvement Every type of information that company made in regards for continuous improvement is incomplete company have to update the information every single time. If they do not follow this procedure therefore company efforts, time, cost, money everything lost to waste. Through continuous improvement company can learn new techniques and easily adopt new changes when there are any circumstances of alter in the company. Risk assessment of continuous improvement and innovation initiative Social media risk assessment are loss of IP and sensitive data. Compliance violation and reputation loss because of financial disclosure and also poor management of social media forums. Sustainability risk management in a business strategy this risk assessment connect company goals with a company external policies. Company environmental policies and effects and also social or ethical condition of the organization.
Risk management strategy for each initiative that we've taken such as financial risk. For a company financial risk is so important it considers the investment (capital) or loss of money that invested by a company. In sustainability and social media channels. In financial risk there's a operational risk with in the assessment instruction include the failed procedure develop by the company to grow the company strategy and also credit risk which borrowed from bank or a lender that bring a load to the company to return that amount and if the company fails to meet the obligations of the procedure or terms therefore this is credit risk. Cost benefit analysis of initiative Cost benefit analysis is the process which determine the effective cost for the company implemented projects. Innovation in a company that bring new ideas and new aim to achieve the goals of company. It involves tally of all over cost of the company projects. For develop social media channels for the company and to maintain the formal sustainability in the company which reduced the wastage of time money and employers efficiency. Cost benefit analysis is data driven decision-making for the company. Social mediasustainability ChannelsPersonalwebsite,Facebook, Instagram, LinkedIn, and other necessary third party apps. Commitandcollaborate, assess and prioritize. cost$500$290 Total$790 The impact of the change and the consequences for staff for each initiative Rapid change in an organization make them restructure and retain competitive. For change company has to make sure the research and development regarding the improvement and innovation in the oe means to restore normalcy where organization by applying the TQM in the organization with this company can reduce the resistance to change. Change in organization stages (Costa, 2019). Shock:- when a company brings new change in the organization therefore it can be shocking for the old staff of the organization by applying the organizational change model motivate their employee towards change.
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Denial:- after the shock company have to hear the denial from their employee because the staff used to work in that scenario and sudden changes in the company will be resistance for them. Reject:- most of the organization where change is implementing their staff will totally reject those changes and made the bad image of that changes in the organization. People can believe their comfortableness than uncertain changes in the company. Tolerate:-when people evolve according to the change in the organization and involve in the improvement it's become easy for an organization to develop change. Embrace:- after fully involve in the change of organization person can easily embrace them and the key to achieve the changes in the organization is moving out people and involve them. Contingency plan Contingency plan is a process which help the company to work in an effective and efficient way. Contingency planning for failures Business impact analysis:- this concept of business impact analysis is the process for quantitative and qualitative risk analysis for business in terms of change or improvement. This plan consist that which is the core area of business and which area need to be changed. Communication plan:- communication in the organization is important within the organization and outside the organization. Effective communication leads to clarity and specification of the company goals. Continuity of operational plan:- it is a policy to design for an organization to protect company from disaster because of thechanges and improvement. It focuses on the business operation of the company while company is under the threat. After that it implement the additional protection for the company to do work deliberately. Disaster recover plan:- this process is for the organization when the disaster occur with the help of this process company repaired the site and made backup for the disaster (Khamis,Ang, and Welling, 2017). Email to manager Dear Sir, Manager of Woodhouse,
Acompanyneedsomeimprovementandinnovationinthecompany,Afterseeingthe improvement and changes in the company. To evaluate the cost we will apply the cost benefit analysis for evaluating the cost that occur in the changes of the company and apply the risk management in financial risk for that two initiatives. It would be nice top take a look out of this report. I’d like to take talk on this research of improvement and innovation of the company. I prefer to invite you for a meeting. Kindly revert with your feedback and approval to move forward with the project. Kind regards, Management team. Survey sent out by Woodhouse Recruitment might have not been effective According to information given in the article, 100 surveys held by the company from which only 12 of them were returned and examine. The reasons why the survey is not effective; Mode used by company:- Woodhouse recruitment did their survey via post, which is complicated nowadays for the people to reach out and revert back with the post. Instead of this company can use the social media and through emails' company can do their surveys (Mishan,and Quah, 2020). No incentive provided:- Many people ask this question that what they'll get in return is they get done the survey sent out by the company. Company should have set a some kind of rewards or something in return to give to the company. In order to grab maximum attention of the people company have to set some kind of incentive to the people. Success from continuous improvement Survey is the best way to evaluate the company continuous improvement and find out the issue that company are facing in various segments. It also helps the company to change and alter their policy procedure. The feedback of the survey was no up to themark but still company might have been able to find the issue and the area which needs more attention in the company. Area which need main improvement in the Woodhouse recruitment company is:
Company should have keep transparency in their procedures and provide all the relative information with candidates needs to know (Bura,and Choudhary, 2020). As a consultant company Woodhouse should also communicate with their client in a better way to clear their clarity. Outcomes of survey analyse From the survey that received to company could analyse by: Approximately 40 user found out that doing business with the company would be good decision. Remaining think user approximately 70% are satisfied with the company process. And remaining is facing complexity and complaining about the transparency. Main reason for low return of feedback are; Method that choose by the company, lack of communication by the company even after the feedbacks and there's nothing to gain for a customer or user that given the feedback to the company (Simmons, 2018). Satisfaction levelParticipants Totally satisfiedSomewhat satisfiedDissatisfiedTotally dissatisfied 0 1 2 3 4 5 6 7 Participants
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Totally satisfied7 Somewhat satisfied2 Dissatisfied0 Totally dissatisfied1 Recommendation for future customers For further uses of survey company should choose the online platform for the survey. Where the majority of the candidates are bale to apply and give feedback and this method is time effective and money too (Butler, Szwejczewski,and Sweeney, 2018). Company can also increase their online presence by post blogs and through communicate with the users and the candidates. In company professional consultancy ismuch needed and company should teach their employee about the new development and procedures that can help the consultancer to provide the correct and relevant information to the users. CONCLUSION The Woodhouse recruitment company should implement the continuous improvement and innovation management in the company for the betterment of the company. This report includes the strategies that used for an continuous improvement and innovation and also evaluate the cost beneficial analysis for the company with this analysis and evaluation of the company improvement andinnovation. it helps the company to evolve and do better performance and compete their competitor by applying the social media platform and also formal sustainability in the company.
REFERENCES Books and Journals Appel,2020. The future of social media in marketing.Journal of the Academy of Marketing Science.48(1). pp.79-95. Brunelli,S.andDiCarlo,E.,2020.Accountability,ethicsandsustainabilityof organizations.Accounting, Finance, Sustainability, Governance and Fraud: Theory and Application.4. pp.82-123. Bura, D. and Choudhary, A., 2020. A novel change impact model for enhancing project management.InternationalJournal of Project Organisation and Management,12(2), pp.119-132. Butler, M., Szwejczewski, M. and Sweeney, M., 2018. A model of continuous improvement programme management.Production Planning & Control.29(5). pp.386-402. Costa, F.,2019. How to foster Sustainable Continuous Improvement: A cause-effect relations map of Lean soft practices.Operations Research Perspectives.6. p.100091. Khamis, S., Ang, L. and Welling, R., 2017. Self-branding,‘micro-celebrity’and the rise of Social Media Influencers.Celebrity studies.8(2), pp.191-208. Mishan, E.J. and Quah, E., 2020.Cost-benefit analysis. Routledge. Simmons, R., 2018. Gemba Kaizen: A Commonsense Approach to a Continuous Improvement Strategy.The Quality Management Journal.25(1). pp.65-66.