Operational Plan

Satisfactory Essays
Strategic Goal | Operational Activity | Measurement | Person Responsible | Timeline | Increase market share in luxury handbags. | Gain a larger share of the luxury handbag market | Having a better understanding of our customers’ needs and attitudes. Identify new opportunities and future high growth areas | Marketing DepartmentFinance DepartmentSenior Management | 12 Weeks | Design a product that is superior to other comparable styles | Have a product that is higher in quality and appearance. | Consumer interest is increased. Increased feedback from targeted market. | Design DepartmentSenior ManagementSales/ Marketing Department | 6 Weeks | Increase the production capacity devoted to the luxury handbag range. | Ensure enough human resources are available to increase production, also that our physical resources are state of the art. | Low cost of production, minimal wastage and maintaining a high quality product. | Senior ManagementFinance DepartmentHuman Resources | 6 Weeks | Have a percentage of our workforce devoted to the production of our luxury handbag range. | Specific staff are to be trained in the production and quality standards required to produce a luxury handbag. | Increased production, High quality goods being produced, and Highly skilled staff. | Training DepartmentHuman Resources DepartmentQuality Control Department | 4 Weeks | Become the number one luxury handbag manufacturer. | Ensure quality of product continually exceeds competitors (continuous improvement). | Consumer demand increases, increase in profit. | Quality Control DepartmentSales DepartmentFinance Department | This would be a continuous program | Have the most recognisable product range available on the market. | Create advertising and promotional activities through the use of media (television, radio, and internet), retail outlets and trade shows. | Consumer interest is raised and products are being spoken about in the media more often. | Marketing DepartmentSales

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Operational Plan

    • 785 Words
    • 4 Pages

    Operational Planning What is it? The organisation has an operational plan that clearly states the actions to implement goals and strategies identified in the strategic plan. Your organisation has completed the strategic planning process. An operational plan details the actions required to implement each strategy, assigning responsibilities, setting timeframes, identifying resources required and indicating what difference the specific actions will make. When developing your operational…

    • 785 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Operational plans

    • 729 Words
    • 3 Pages

    Operational Plan Table of Content Background 1 1.Business Goal. 1 2.Objectives 2 3.Strategy 2 4.Key actions 2 5.KPIs 4 6.Contingency Plans 4 7.Outcome 5 8.Approvals 5 Background ‘The Office Assistant’ is a retail store that sells office products and services. As a store manager of one of these 25 stores, I have made this operational plan to grow the services component of our business in the next twelve months. 1.Business Goal. The business goal of this operational…

    • 729 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Operational Plan

    • 1655 Words
    • 7 Pages

    Some of the Details Outlined in an Operational Plan Human and Other Capacity Requirements The human capacity and skills required to implement your plan, and your current and potential sources of these resources. Also, other capacity needs required to implement your plan (such as internal systems, management structures and engaged partners) Financial Requirements The funding required to implement your plan, your current and potential sources of these funds, and your most critical resource and…

    • 1655 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Operational Plan

    • 4887 Words
    • 20 Pages

    [pic] BSBMGT402A – Implement operational plan [pic] Version 1.0 – August 2010 BSBMGT402A – Implement operational plan Assessment Introduction This document outlines the assessment requirements for the unit BSBMGT402A – Implement operational plan. This unit is from the Business Services Training Package (BSB07) and can be used as credit…

    • 4887 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Operational Plan

    • 2280 Words
    • 10 Pages

    Operational Plan (Unit 6) (This section of the plan should contain: 1. Information about your products or services including how and where your products or services are produced, production techniques, quality control, customer service, inventory control, and product development; Strategy and Implementation Summary In order to place emphasis on exceptional service, our main tactics are bi-monthly service training, employee recognition, and higher service employee to customer ratios. Our specific…

    • 2280 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Operational Plan

    • 536 Words
    • 3 Pages

    Assesment activity Manage operational plan Assignment Introduction My name is Joan Simon, I am 26 years old and I am an employee of the company called Bigsport.com which is an on-line store specialised in selling football clothes and equipment. I have just been promoted to the position of sales manager and now I have 13 people to look after (eight sales representatives, two key account managers and three merchandisers). Planning and monitoring system First of all I will have to meet my team…

    • 536 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    operational plan

    • 424 Words
    • 2 Pages

    Operational Plan Organization structure The organization structure plan is to define departmental activities and responsibilities. This structure can brings order to hotel operation and ensure the hotel can run efficiently and effectively. Moreover, as our hotel is a small hotel with rooms less than 500 rooms and we only provide limited services, we will adopt the departmental structures of a limited-services hotel. In our hotel organizational structure, we have five departments including…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Operational Plan

    • 13030 Words
    • 53 Pages

    SITXHRM003A Roster staff Class Notes Student’s Name: Teacher’s Name: Email: @angliss.edu.au Student No.: Contact No.: (03) 9606 SITXHRM003A Roster staff Class Notes Project Base William Angliss Institute of TAFE 555 La Trobe Street Melbourne 3000 Victoria Tel: (03) 9606 2111 Fax: (03) 9670 1330 Acknowledgements Project Manager: Writer: Revised by: DTP/Production: Fay Staios Lilly Finlayson Rachel Fox / John Horner Kate Elliott COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969…

    • 13030 Words
    • 53 Pages
    Powerful Essays
  • Satisfactory Essays

    Operational Plan

    • 10382 Words
    • 42 Pages

    Author Student no. Function Company Class OPL Group Tutor Date Vera Kolarska 498242 Project manager Avalon Ltd IFA B-09 08 – One Spark Mr. T. Sterk 25.02.2013 PROJECT PLAN Avalon: A spark of inspir ation Author Student no. Function Company Class OPL Group Tutor Date Vera Kolarska 498242 Project manager Avalon Ltd IFA B-09 08 – One Spark Mr. T. Sterk 25.02.2013 Statement of confidentiality & non-disclosure This document contains proprietary and confidential information. All data…

    • 10382 Words
    • 42 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Operational Plan

    • 355 Words
    • 2 Pages

    IDENTFY A PROJECT: * A leadership day at the college PROJECT OBJECTIVES: * The objective of the day is to expose our students at the college to different types of leadership . * We invite leaders in the community to come and orientate the students on the following leadership styles : * Directing * Coaching * Supporting * Delegating * Coercive * Authoritative * Democratic * Relationship – based * Transformational * Coaching…

    • 355 Words
    • 2 Pages
    Satisfactory Essays