BSBMGT616 - Bounce Fitness Action Plan: Strategies and Objectives

This assignment presents an action plan for Bounce Fitness, a fitness center chain, focusing on strategies and objectives to move into the corporate area. The plan outlines activities, expected results, actual results, responsible personnel, and deadlines for August 2019. Key areas addressed include managing wage and salary expenses by utilizing salaried personal trainers, and focusing on fee collection by offering flexible payment options and corporate discounts. The plan also considers fitness facility options and details the support system for the action plan, including coaching, mentoring, and progress tracking through journals and action plan summaries. The assignment references elements of a strategic plan, including environmental scans (SWOT, PEST, Cost-Benefit Analysis), and includes a review of competitors/allies. This detailed plan provides a framework for Bounce Fitness to achieve its goals, emphasizing teamwork and cooperation across various management roles.

Strategies and actions for objectives
Action plan for August 2019
Activity Expected results Actual
results
Who
performs
this task
When is
this task
due?
Status
Personnel: Bounce Fitness plans
to continue to keep wage and
salary expenses low. To achieve
this objective,
Bounce Fitness has salaried their
personal trainers rather than
contracting services.
The expectation is that when
not involved in delivering
classes, or consulting with
those for whom they are the
personal trainers, they will be
volunteering their training
services to schools, hospitals
and other community
initiatives to raise the profile of
Bounce Fitness.
Personal
trainers
3rd August Planned
Unit Code: BSBMGT616 Student Name ……………………….Student ID ………………………..
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Activity Expected results Actual
results
Who
performs
this task
When is
this task
due?
Status
Fee Collection: Bounce Fitness
offers reduced cost for full
payment options for membership
services. Member payments may
be made monthly or quarterly at a
higher rate than annually and with
cash, EFTPOS or credit cards.
Payments for casual classes are
set at a premium level and other
related services are at least
standardized with others in the
same locality and industry. The
payments may also be made with
cash, EFTPOS or
Credit cards. Bounce Fitness will
offer deferred monthly billing and
a 25% discount to corporate
clients with
10 or more employees taking
corporate memberships
Since the revenue generated
from this client segment is
expected to be small, and the
risk of non-payment is small,
the accounts receivable and
bad debt expense should not be
a consideration.
Finance
Manager
21st
August
In
progres
s
Unit Code: BSBMGT616 Student Name ……………………….Student ID ………………………..
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Activity Expected results Actual
results
Who
performs
this task
When is
this task
due?
Status
Fitness facilities: Bounce Fitness
considered several options
regarding the type of service to
offer to its clients. Because Ms
House does not wish to tie up
funds on a long-term basis, the
purchase of a training facility was
not considered a reasonable
option. Bounce Fitness has
negotiated a favorable lease on all
properties with the property
management firm that manages
the centers in which the facilities
will be located. The firm has
offered Bounce Fitness a three
year lease with a three-year
renewal option. The monthly rent
is $1,500 for the first year, $1,700
the second year and $1,900 for the
third year.
During the three-year renewal
period, rent will increase by 5
percent per year. This rental
amount includes water, waste
removal, and all maintenance
costs.
Fitness
trainer
31st
August
Planned
The support for action plan coach, mentor, and manager had supported in the action plan. They provided advice in getting the plan back
on track if it lapses. We talked about your successes to keep motivated. We kept a journal to hold ourselves accountable to the plan. This had
covered how we used our time, small steps we had taken, feedback from others, what worked and what didn’t work, and changes we can see. We
tried to enter a few lines each day and review the journal each week for signs of progress or slippage.
The Project Manager should maintain and issue an action plan summary until all items are closed out. The addendum report is usually
prepared from the action plan summaries. Items that are not closed out prior to the facility or project startup should be addressed as part of the
Pre-Startup Safety Review (PSSR). A copy of the action plan should be made available to operating, maintenance, and other employees whose
Unit Code: BSBMGT616 Student Name ……………………….Student ID ………………………..
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work assignments are in the process and who may be affected by the recommendations or actions. A copy of the action plan should be made
available to operating, maintenance, and other employees whose work assignments are in the process and who may be affected by the
recommendations or actions.
An action plan is always teamwork, even though each person on the team is personally responsible for one ‘component’ of the plan, often
overlapping with someone else's. For example, an action plan aimed at ‘generating orders that the firm can deliver to the customer's satisfaction
and that help the firm grow’ would require the cooperation of such specialized managers as: sales manager, sales people, marketing manager,
production scheduling, assembly manager, legal department, sourcing manager, management accountant, etc. If the plan is not the result of an
agreement between all these required skill holders, it has little chance of success.
Unit Code: BSBMGT616 Student Name ……………………….Student ID ………………………..
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