Restora-roof: Analysis of Work Goals, Objectives, and Action Plan

This assignment analyzes the work goals and objectives of Restora-roof, a company looking to expand its business. The solution addresses several key areas, including opening new franchises, implementing IT solutions, organizing equipment, and opening different stores at various locations. Each goal is evaluated based on its specificity, measurability, achievability, relevance, and time-framing (SMART criteria), and the factors affecting the achievement of each objective are discussed. The assignment also includes an action plan template, a to-do list, a feedback form, a self-assessment, and a personal development plan, providing a comprehensive overview of the steps needed to achieve the business goals and improve professional skills. The provided solution demonstrates a practical approach to business development, considering both the opportunities and potential challenges involved in expanding and improving the company's operations.

Work Goals / Objectives
Goal / Objective
Please make sure each goal / objective is Specific,
Measurable, Achievable, Relevant and Time-framed
Priority
Links to broader organisational
goals and objectives
(e.g., team / section / department goals)
Factors affecting achievement of
objective
The company wants to open new franchise at
different locations. High
Opening new franchise requires no
such experience and these are
considered as secure investment as
compared to establishing new
businesses. The franchisees’
established relationship with the
suppliers will help Restora-roof in
catering to more number of clients
thus bringing in expansion to the
business. The company can get
assistance from the franchisees in
various operations such as financing,
training and many more.
The factors that can act as
hindrances in achieving this goal are
requirement of high investment at the
initial level. The creativity of the
company will be limited. The
company will have to share
information related to its financial
condition with the franchise. The
problem of undercapitalization can
be a main issue. The selection of
right franchisees are yet another
concern as this will decide whether
the integration will be successful or
not. The hiring of right staffs is
another issue in this case. Proper
coordination with the franchisee is
another big concern in this case.
Shifting to electronic medium to keep a track
of records. High
With the advancement of technology
the company needs to make use of
computer systems. This will help in
proper management of receipts and
orders from different clients. This will
help the company in increasing both
speed as well as accuracy in their
operations.
The factors that can affect this goal
are investing on new hardware,
making space for the new hardware,
making the staffs acquainted with the
new hardware and its technicalities.
In order to handle the computer
system Restora-roof has to appoint a
person there who can update the
system with new records.

Organizing equipments High
Restora-roof deals in cleaning and
repairing tiles thus having proper
equipments in hand will help the
company at their workplace. Being
ready with proper and updated
equipments will help the firm in
obtaining more work from the clients.
Thus help in expanding the business
of the organization.
The company has to handle a lot of
things to ensure that proper
equipments are being kept at the
site. A person needs to be there to
check on the stocks of the
equipments and ensure that the new
equipments that are being bought
are being used in the workplace.
Another main hindrance to this is that
proper use and storage of the
equipments is required so that these
can be used for a long time and be
cost-effective.
IT solutions Medium
The adoption of IT solutions by the
company is essential as this can help
it in carrying various operations. In
the various operations of the
organization it can be seen that time
plays a vital factor like in supply of
materials and many more. Thus the
company can make use of many
time tracking tools that include
desktop applications, various online
tools so that time management can
help in organizing tasks. The staffs
can get access to the data at primary
computer from their phones by
making use of GoToMyPC thus
helping them to keep a track of the
records of the pending tasks and the
locations they have to visit.
The company can face many issues
while adopting new IT solutions. The
technology that is to be adopted
should be properly researched on
and its applicability to the business
operation evaluated. Adopting IT
solutions that are irrelevant will only
add to the cost. The IT solution
needs to be implemented using
proper procedures and as Restora-
roof does not have computer
systems it has to invest on buying
new hardware and at the same time
arranging for their proper placement.
The owner of the firm is not ware and
updated with the advantages of
computer systems thus it will be
tough for changing the concept of the
employees.
Different stores at different locations Medium This will help the organization in There are various factors that can be

cutting costs related to the travelling
and thus this can be invested in
many other things such as
advertising that will help the business
to grow. Opening different branches
at various locations will help the
company in reaching a wide range of
customers thus resulting in
expanding the business.
a hindrance for achieving this goal. In
order to open a new franchise the
firm needs to select proper location
that suits their business, the cost or
renting or buying property there,
hiring staffs for managing the newly
opened branch and many more.
These can have a significant impact
on the budget of the firm.
I have reviewed and agree with the above goals / objectives.
Signature of
supervisor: Date: