BSBMGT608: Action Plan for Innovation & Continuous Improvement

This report presents an action plan for managing innovation and continuous improvement within an Australian hardware and homeware company, aiming to enhance manufacturing efficiencies. The plan details activities, objectives, and KPIs for transition, focusing on increasing productivity, reducing waste and staff turnover, minimizing costs, and improving time management and error rates. A communication plan ensures employees are informed about project details and management strategies. Contingency plans address potential issues such as failure to reduce error rates and communication challenges. The action plan includes timelines for various improvements, such as training staff, innovating products, and setting objectives. The report also includes an evaluation and continuous improvement schedule, emphasizing the company's focus on maximizing productivity and minimizing waste and errors. The action plan will be amended on the basis of specific failure related issues. For example, if company fails to manage the deadline of set objectives then the team of expert will be hired which would again consume the higher cost and time too.

Manage innovation and continuous
improvement (Part-3)

Table of Contents
INTRODUCTION...........................................................................................................................1
DEVELOPING AN ACTION PLAN FOR TRANSITION............................................................1
DEVELOPING AN ACTION PLAN FOR COMMUNICATION.................................................2
TWO CONTINGENCY PLANS RELATED TO THE ACTION PLAN OF TRANSITION AND
COMMUNICATION......................................................................................................................2
EVALUATION AND CONTINUOUS IMPROVEMENT SCHEDULE......................................3
REFERENCES................................................................................................................................4
List of tables
Table 1: An Action plan for transition.............................................................................................1
Table 2: An Action plan for communication...................................................................................2

INTRODUCTION
The Australian hardware and homeware company has decided to implement the changes
in the manufacturing process to achieve the improved efficiencies. It has an estimation that
company will get success in the modern era.
DEVELOPING AN ACTION PLAN FOR TRANSITION
Action plan contains the outlines of the plan and it includes the activities that must be
used to achieve the goals (Schlechty, 2003). Thus, an action plan for transition has been prepared
that included all proposed activities.
Table 1: An Action plan for transition
S.no. Activities Objectives KPI’s Timeframes
1 Increase productivity To increase the
sales and profits
Quality, trained
staff
24 months
2 Reduce waste To produce the
products in
adequate
quantity
Innovate
machines, proper
training, less
workload
10 months
3 Improve sustainability To remains long-
lasting in the
marketplace
To create own
work practices
8 months
4 Reduce staff turnover (32%
p.a. to 20% p.a.)
To enhance the
volume of
production
Training,
involvement in
the setting of
objectives and
decision-making
12 months
5 Reduce cost Minimize the
cost of
employees’
turnover, cost of
Time
management and
quality measures
10 months
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errors, service
and repairs cost
6 Time management To offer 12 hours
shift
Time, staff 6 months
7 Improve the error rate (22%
to 4%)
To produce
quality products
Small shift 24 months
DEVELOPING AN ACTION PLAN FOR COMMUNICATION
Action plan for communication refers to the methods and strategies are used to provide
details to the employees (Coombs, 2014).
Table 2: An Action plan for communication
S.no. Activities Objectives KPI’s Timeframes
1 Project details To provide the
complete
information
Team leaders and
members
2 months
2 Ways of interaction To solve the
queries
Audience 1 meeting in a
month
3 Management strategies Planning to
achieve goals
Management 1 month
5 Risk management To minimize the
risk
Supervisors,
employees
4 months
TWO CONTINGENCY PLANS RELATED TO THE ACTION PLAN OF TRANSITION
AND COMMUNICATION
Plan-1
In case, if error rate does not decrease and it increases in compare to decided rate before,
then to manage this kind of situations management has to prepare a back-up of an expert team.
Thus, it will be helpful to manage the situation because a team will apply the strategic tools and
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methods to control the error or waste. In this way, the company will be able to keep a balance
between sudden situations and expectations.
Plan-2
The Australian hardware has decided to have a meeting every month but many times it is
not possible to held a meeting each month. In this case, the team members will get distraction
from the work and not concentrate on the particular task. Now, to deal with this condition, the
company should prepare a digital conversation in which the leader will interact directly with the
team members instead of physical appearance and guide to all.
AMENDED ACTION PLAN AND CONTINGENCY PLAN
The action plan will be amended on the basis of specific failure related issues. For
example, if company fails to manage the deadline of set objectives then the team of expert will
be hired which would again consume the higher cost and time too. This would be in the line of
emergency plan under which difficult circumstances will be looked upon. Apart from this, the
issue related to communication plan might be faced due to conflict in the team and missing
deadline. For this purpose, the emergency plan will also be updated and corporation would
accordingly find the alternative ways to effectively communicate the plan.
EVALUATION AND CONTINUOUS IMPROVEMENT SCHEDULE
On the basis of the above-mentioned transition and communication action plan, it has
been evaluated that Australian hardware and homeware company is trying to make innovations
in the manufacturing process. It has been evaluated that the company has a main focus on the
maximization of productivity, reduction in waste and errors within the time period of 24 and 10
months. Further, it will be helpful to achieve the targets of production. To sustain the continuous
improvement, the company facilitates the effective time management by setting shifts for the
workers to reduce workload.
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REFERENCES
Coombs, W.T., 2014. Ongoing crisis communication: Planning, managing, and responding.
Sage Publications.
Schlechty, P.C., 2003. Inventing better schools: An action plan for educational reform. John
Wiley & Sons.
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