Business Plan Analysis and Formulation for Woolworths Group

Running head: Leadership management

Leadership management 1
Executive Summary
Developing and implementing a business plan are crucial strategies for the organization’s success. A
business plan is a description of the future of the business. It directs the business about what to do and
how to do. It assists the business in meeting its goals and objectives by utilizing the currently available
resources and skills. It helps the business in enhancing its profitability and assets.
The business plan can help the business in many ways. It strategizes the actions of the business. Each
attempt involves specific responsibilities which are allocated to specific personnel. It also assigns the
duration for completing the task. The start and end dates with the respective budgets are assigned to them.
Thus the business plan also helps the company in time and cost management. An ideal business plan
defines the clear objectives to be achieved in the organization, plans greater details to implement them,
allocates time for their accomplishment and monitors their performance to achieve the goals of the
organization.
So, in this report, the business plans, strengths, weaknesses and performance analysis of five
organizations would be evaluated .Also, the business plan of Woolworths Group will be formulated. A
report will also be created regarding the implementation and suggestions to improve the said plan.

Leadership management 2
Contents
Executive Summary.....................................................................................................................................1
Introduction.................................................................................................................................................4
Business Plan Analysis................................................................................................................................4
Analysis of the Business Plan.................................................................................................................11
Business Plan for Operations Department.................................................................................................12
Background of the business.......................................................................................................................12
Description of the business and its products and services......................................................................12
Marketing Activities and Strategies.......................................................................................................13
Key financial indicators of Woolworths Group......................................................................................13
Productivity / Performance Targets for community awareness or branding..........................................13
Environmental Impact...........................................................................................................................13
Governance and Management...............................................................................................................14
Quality...................................................................................................................................................14
Sales......................................................................................................................................................14
Triple Bottom Line................................................................................................................................14
Workforce..............................................................................................................................................14
Business Plan of Woolworths Group.........................................................................................................14
Goals, Objectives and Mission of the Plan............................................................................................15
Resource Management..........................................................................................................................15
Budget or Cost Benefit Analysis.............................................................................................................15
Stakeholder identification and evidence of feedback and consultation..................................................16
Implementation Plan..............................................................................................................................16
Projected Profit and Loss statement......................................................................................................16
Performance Indicators..........................................................................................................................16
Performance review structure /plan.......................................................................................................16
Contingency and mitigation strategies...................................................................................................17
Report regarding the Implementation of the plan......................................................................................17
Evidence of approval to implement the plan..........................................................................................17
Performance review evidences.............................................................................................................17

Leadership management 3
Responses regarding the implementation of the plan.............................................................................18
Final Observations regarding the outcome and implementation of the business plan.........................18
Personnel Appraisal of the strengths and weakness of the development and implementation plan....18
Evidence of the Workplace........................................................................................................................19
Conclusion.................................................................................................................................................20
References.................................................................................................................................................21

Leadership management 4
Introduction
A well thought business plan is just a stack of paper if it is not accompanied by clear procedures to
implement the strategies suggested in the business plan. Also, the analysis of its formulation and
implementation is necessary to judge whether the plan is executed in the right manner. Business plan
analysis is conducted with the intention to provide the solutions regarding the problems faced by the
business in working under real world conditions (Otoo et al.,2016).
So, in the following report, the business plan analysis of five companies will be conducted to assess their
strategies. Further, the business plan of Woolworths Group will be formulated and implemented in detail.
Suggestions in the form of a report to improve the implementation of the plan will also be discussed.
Business Plan Analysis
N
a
m
e
o
f
t
h
e
C
o
m
p
Summary Strength
s
Weakness Performanc
e KPI
Monitoring
the
processes
Recommen
dations to
improve
the plan

Leadership management 5
a
n
y
B
H
P
Billiton
Limited is a
public listed
company
which deals in
mining,
metals and
petrol. Its
headquarters
are in
Melbourne. Its
mission is to
own and
conduct its
business
through large
and long life
and
economically
reasonable
assets which
are diversified
by commodity,
Its
strengths
are its
focused
employe
es and its
assets
portfolio
of the
company
which is
world
class and
sustainab
ly
develope
d.
The
stakehold
ers
receive
adequate
One of the major
weaknesses of the
organization is its
ineffectiveness in
handling the mining
and processing
operations relating to
the Samarco Dam
Failure and its inability
to manage the
fluctuating commodity
prices and the effect of
the global economic
volatility which may
affect the operations of
the business (BHP
Billiton,2016).
Its key
performance
indicators
are low total
recordable
injury
frequency
(TRIF),
monitoring
of the
greenhouse
gas
emissions,
and
contribution
to the charity
and high
profits
available for
the
stakeholders.
Adequate
procedures
for
sufficient
and low cost
funding to
safeguard
the
operations
rising from
volatility.
Proper
procedures
should be
adopted to
minimize
occurrence
of the
incidences
such as
Samarco
Dam
Failure.
Implementa
tion of the
vigilance
programs to
supervise
the mining
operations.