Strategic Management & Change: Group Task Distribution Report

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This report presents a simulation of 'Jenus Dairy Products,' detailing its mission, vision, and operational hierarchy. It outlines the decision-making processes, meeting attendance protocols, and the specific roles and responsibilities of key personnel, including the CEO, Finance Manager, Operational Manager, and Marketing Manager, along with minimum performance expectations for each role. The document also addresses contingency planning for time management, workflow disruptions, and commitment to outcomes, emphasizing risk identification and mitigation strategies. The report concludes by summarizing the entrepreneur's role in maintaining business sustainability and market share expansion. Desklib provides access to similar reports and solved assignments for students.

MGMT20133- STRATEGIC BUSINESS
MANAGEMENT AND CHANGE
Assessment 1 - Group formation and task distribution
Name - Gaganpreet kaur
Student ID- 12027051
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Table of Contents
Introduction....................................................................................................................................3
Mission, Vision and Hierarchy..................................................................................................... 4
Decision making process............................................................................................................... 4
Attendance in meetings................................................................................................................. 4
Roles and Responsibilities along with minimum expectation....................................................5
Contingencies (time management, workflow, and commitment to outcomes).........................7
Conclusion...................................................................................................................................... 8
References.......................................................................................................................................9
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Report Writing – Simulation program
Introduction
The simulation report introduces the Dairy product manufacturing concern named “Jenus Dairy
Products”. The business is operating successfully in the past 4 years in the agriculture industry.
This report includes the introduction of the organisation and its owner who is completely
responsible for running the industry. The report describes the roles which an entrepreneur is
going to play while running the business independently. Roles and responsibility are drawn on
the basis of vision and mission statement of the concern, vision statement and mission statement
must have a wide scope on the basis of which an organisation’s existence has also decided. An
entrepreneur cannot perform his responsibility without the help of the supportive staff.
Name of the concern – Jenus Dairy Products
Name of leader, owner and decision maker- Gaganpreet Kaur.
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Mission, Vision, and Hierarchy
The foremost mission of the Jenus Dairy Product is to become the largest provider of the dairy
product, not within the country but also in the global market along with the optimum production
of the dairy products.
The vision statement of the concern is to increase the production, demand, and sales of its dairy
product in the market and maintaining the quality of the dairy product in coming next few years
i.e. 5 years.
Decision-making process
As the organization has handled by the owner so the authority of taking a decision resides with
the owner, but the decisions are taken by the owner after discussing with the managerial staff of
the concern.
Attendance in meetings
The owner is the final decision maker so he has to conduct a meeting every 2 months period, in
order to discuss the issues faced by the company in the industry.
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Roles and Responsibilities along with the minimum expectation
Roles Roles and Responsibilities Expectation
Chief Executive officer The position provided to
Gaganpreet Kaur is of Chief
executive officer. The roles that are
assigned to being a CEO include
the critical corporate decision
making at various stages which are
important for the growth and
development of the organization
(Mayhew, 2018). The managing of
overall operations and the work
that is being performed by various
departments are under the
supervision of the CEO. The
management of the available
resources is also to be managed by
the CEO so that the best output can
be achieved with the available
resources (Mayhew, 2018).
The Expectation from the
CEO is to provide a critical
analysis of the various
decisions that are to be taken
at the time of process so that
the best results can be
achieved. The formations of
the budgets and the goals and
objectives that must be
achieved by the team are to be
determined by the CEO.
Finance Manager The various roles that are to be
executed being a finance manager
which includes determining of the
various sources of funds that can be
used. It is the responsibility of the
finance manager to properly
manage the available funds and
invest them in a way that the most
profitable return is received
(Locsin, 2018). The planning of the
funds and forecasting of the same
along with the capital budgeting is
to be taken care by the finance
manager
The expectation from the
finance manager is to generate
the funds for the expansion of
the business and use them in
the best possible way. The
team is also looking forward
to him to identify the future
prospect with respect to the
profitability of the business
and cash inflow and cash
outflow.
Operational Manager The role of being an operational
manager is to maintain the
smoothness of the production
process or providing of services.
The production must be cost-
effective and efficient meeting the
requirements of the client on time
It is expected from the
manager to analyze the results
and determine any
unfavorable results and take
preventive steps to overcome
them. The process of
production will be smoothly
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(Farnen, 2018). The other roles
include the suggestion to the top
management in the decision
making in case of any dispute and
also achieve the goals and
standards set by upper
management.
carried on as per the demand
and requirement in the market.
It is expected that the products
will be produced in an
appropriate way and there will
be appropriate stock for all the
products.
Marketing Manager The role provided by the marketing
manager is to conduct the market
research of the product that is being
sold by the Jenus. The preparation
of the strategy and implementation
of the same is a critical
responsibility being as a marketing
manager (Merchant, 2018). The
opportunity for the products and
the business along with the
management of the existing
customer is to be identified by the
Marketing Manager.
The Expectation from the
marketing manager is to
increase the demand for the
newly established product. It
is expected that he will
implement the strategy that is
being executed and increase
the demand for the product
that is being researched.
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Contingencies (time management, workflow, and commitment to outcomes)
It is important to have plans for any contingencies due to various internal and external factors
that can affect the business operation for which it is important to have the following process
(Mindtool, 2018):-
 Addressing the business operations
 Identification of the risk
 Prioritizing of the risk
The contingencies plan must be with respect to the principle and should have the following
characteristics (Mindtool, 2018):-
 Maintaining of Business operation
 Action to be taken
 The plan must be simple
 Easy and quick to execute
 Must be with respect to the goals and objective of the organization
 Management of the risk
 Minimising of risk and or make it null
 Identification of the problem
 Taking of preventive steps to overcome
The meetings are to be regularly conducted by the team so that the risk can be ascertained in
advance and there lies no unfavorable situation that affects the business.
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Conclusion
The report clarifies the role and responsibility performs by the entrepreneur in order to maintain
sustainability in business and expand its share in current market situations.
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References
 Farnen, K., (2018). The Role of an Operations Manager. Chron. [Online]. Also available
at https://smallbusiness.chron.com/role-operations-manager-14234.html. [Accessed on
01/08/2018]
 Locsin, A., (2018). What Are the Duties of Financial Managers? Chron. [Online]. Also
available at https://work.chron.com/duties-financial-managers-14465.html. [Accessed on
01/08/2018]
 Mayhew, R., (2018). What Are the Job Functions of a CEO? Chron. [Online]. Also
available at https://work.chron.com/job-functions-ceo-14238.html. [Accessed on
01/08/2018]
 Merchant, P., (2018). What Are the Functions of a Marketing Manager or Officer?
Chron. [Online]. Also available at https://smallbusiness.chron.com/functions-marketing-
manager-officer-15574.html. [Accessed on 01/08/2018]
 Mindtool, (2018). Contingency Planning Developing a Good "Plan B". Mindtool.
[Online]. Also available at https://www.mindtools.com/pages/article/newLDR_51.htm.
[Accessed on 01/08/2018]
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