Business Strategy and Operational Plan: Bounce Fitness EAP Analysis

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Added on  2023/01/18

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This report provides an analysis of the Employee Assistance Program (EAP) at Bounce Fitness, examining its alignment with the company's business strategy and operational plan. The report begins by defining the EAP and its role in addressing employee needs, including mental health, emotional well-being, and work-life balance. It then explores the business strategy of Bounce Fitness, suggesting a "Go Public" strategy to increase the program's visibility and effectiveness, alongside a comprehensive approach that incorporates work-life balance initiatives. The operational plan focuses on addressing issues such as alcoholism and providing support for various challenges like stress and financial concerns. The report emphasizes the importance of cost estimation and training within the organization. It concludes by highlighting the need for improved financial management and a broader implementation strategy for the EAP to maximize its impact on employee well-being and overall business performance. The report also includes a list of references.
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Table of Contents
TASK...............................................................................................................................................1
Research and analyse the business strategy and operational plan of Bounce Fitness and align
with the employee assistance program........................................................................................1
REFERENCES................................................................................................................................2
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TASK
Research and analyse the business strategy and operational plan of Bounce Fitness and align with
the employee assistance program.
Employees assistance programme refer as a benefit plan for workers in which they assist
with their personal and professional problems that are leads in the job performance of
individuals, health, emotional as well as mental well beings. This programme is developed by
Bounce Fitness in order to help and encourages their staff to fulfil the need of professional
assistance (Bounce Fitness, 2019).
Business strategy: It refers to the strategic management that includes the formulation
and implementation of business goals and objectives which is taken by the top level managers on
the behalf of company's owner (Sonnenstuhl and Trice, 2018). The manager of Bounce Fitness
should adopt Go Public strategy in order to extent the appropriate as well as feasible of this
programme as it can helps in increasing the understanding and reduce misunderstandings and
struggles. Also, requires to Be comprehensive as put all the efforts and initiates of work life
balance in ESP.
Operational plan: To planned the ESP is mainly concerned with the increasing rate of
alcoholism among workers. This program is designed to deal and face these issues like abuse,
stress, divorce, legal and financial concern and so on. In order to that a company should focus on
the cost estimation as well as training and learning mechanism within an organisation. As it is
focused on increasing the relationships, solve family problems, financial management as well as
psychological disorders.
Currently Bounce Fitness develop employee assistance programme but it was not
managed financially well so a company should adopt budget estimation for spending expenses
on that programmes as well as it requires to adopt a go public strategy to extent this program
feasibility.
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REFERENCES
Sonnenstuhl, W. J. and Trice, H. M., 2018. Strategies for employee assistance programs: The
crucial balance (No. 30). Cornell University Press.
Bounce Fitness. 2019. [Online] Available through: <https://bouncefitness.com/>.
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