Operations, Technology, Management, and Social Responsibility Plan (With Financials)

Operations, Technology, and Management, and Social Responsibility Plan (with Financials)

First Name Last Name

Strayer University

BUS 599: Strategic Management

Professor Dr. Andrea Banto

January 10, 2021

Delete the instructions in red before submitting the assignment!

Due: Week 8, worth 100 points

Length: The assignment should be 4 to 8 pages, excluding title page and reference page

This assignment consists of two documents- Word document and Excel document (all worksheets completed). You will attach the 2 documents to the submission window and only then click submit.

Important:

· Review the description of this assignment in the course guide or Blackboard and use the tips provided along with this template to help you in your writing.

· Be sure to review the guidelines provided: company of choice or snack-food company, as applicable

· Use the textbook and review the recommended pages. Note that your textbook has sample plans at the end of each paper. They are great examples of content.

· Review the grading rubric before writing. Know what you are graded for. Always look at the “exemplary” section.

Notes:

· Leave the text in black as it is. You are required to have a heading for each of the sections in your paper.

· Use SWS format. Your will respond to each question using indented paragraphs. The preferred font is Times New Roman, size 12.

· The references must be on a separate page at the end of the paper.

· Check your paper for grammar, spelling, and plagiarism in Grammarly before submitting to Blackboard. You should have 100% original content. See video below on how to use Grammarly. How to use Grammarly

Operations, Technology, Management, and Social Responsibility Plan (with Financials)

Operations Plan

· Remember to assign a dollar amount to each operational cost you find, as you will need these figures for financials document.

· Follow the guidelines provided, as applicable (company of choice or snack-food)

· Check out Chapter 11- Operations

· You have addressed operations in week 5 discussion. Be sure to check the feedback provided by the instructor as a reply to your week 5 discussion post in week 5 discussion thread and make changes as needed. Check the suggestions made by other students as well.

Facilities

· Discuss if you will rent or buy the facility in which you will operate.

· Include the cost of your utilities (You will need to input these costs under the income statement on the Business Plan Financials Excel document where you will need to input these costs)

Production Process/ Description of Operations (if service company)

· Describe how your business will function to make the product or deliver the service

· Outline what equipment is needed to run your business (machine, refrigerators, etc.) including the cost of such equipment. Clarify if you rent or purchase this equipment. You will reflect these costs in the Business Plan Financials Excel document.

· Discuss how you will ensure quality control.

· Discuss the capacity you intend to reach (note that you must reach sales over 1 million by the end of the second year).

· Discuss your approach to inventory, where the supplies are coming from, the turnaround time to produce a product or deliver a service once the customer placed the order.

Research and Development

· Discuss how you will stay abreast of any new development in the industry

· Discuss any new products or services you have in development

· Discuss who will be in charge of the R&D activity at your company.

Personnel Needs in Operations

· Clarify how many employees you have in operations and the key roles. Specify the average pay.

Technology Plan

· Remember to assign a dollar amount for each cost, as applicable.

· Follow the guidelines provided, as applicable (company of choice or snack-food)

· Check out Chapter 12- Technology Plan

· Consider the type of technology your selected company will use to conduct activities such as managing personnel; taking, fulfilling, and tracking orders, managing inventory, communicating with customers and providing customer service, producing your product or providing your service.

Software needs

· List and briefly describe the software you think you will need and and approximate cost. Examples: graphic software, customer relationship management, accounting, inventory, office, etc.

Hardware Needs

· List and briefly describe the hardware you think you will need and the approximate cost. Examples: computers, monitors, servers, routers, tablets, etc.

Telecommunication Needs

· List and briefly describe the telecommunication equipment, etc. you think you will need and the approximate cost. Examples: phone, internet, fax, etc.

Personnel Needs

· Discuss who will handle the technology needs at your company in terms of personnel. Are you going to have an in-house person, team, or these activities will be outsourced?

Management and Organization Plan

· Remember to include the salary costs associated with the management personnel you plan to hire.

· Follow the guidelines provided, as applicable (company of choice or snack-food)

· Check out Chapter 13- Management and Organization

· You will create a management and organizational plan for your selected company, expanding on the topics below.

Key Management Employees

· List key management employees and include a brief description of the relevant responsibilities, experience and skills for each person. Include the salary.

Advisors

· List any people you plan to use as advisors for the business, with a brief description of their areas of expertise and how you expect them to contribute to the business.

Management Hierarchy

· Using the flow charts on p. 248 as a guide, outline your company’s management hierarchy.

· You must include a chart or diagram in this section!! In Word, click on Insert option top of the document/ then Smart art/ then Organizational hierarchy to create your figure.

Social Responsibility Plan

· Check out Chapter 14- Social Responsibility and Sustainability

· You have addressed this topic in week 6 discussion. Be sure to check the feedback provided by the instructor as a reply to your week 6 discussion post in week 6 discussion thread. Check the suggestions made by other students as well.

· Create a social responsibility plan for your selected company, expanding on each of the topics below:

Impact on Stakeholders

· Describe the ways in which your company will impact each of the stakeholders:

employees, customers, suppliers, and the community.

· Consider the benefits you plan to offer to your employees( healthcare, flexible hours, opportunities for development), support to your community (sponsored events, classes, charities, etc.), suppliers and customers (how do you plan to interact with them, consider your core values; offer quality products, etc.)

Environmental Impact

· Discuss how your company’s activities will affect the environment. Think of all aspects of your operations.

· Identify the steps you will take to mitigate any negative impacts and discuss how you will minimize any negative impact in your operations. Consider energy usage, waste disposal, recycling, use of recycled materials, etc.

Important!!!:

· Remember to include the completed Business Plan Financials (Excel document) along with the Word document when you submit the assignment.

· You will attach the Word document, then the entire Excel document, and then you click submit.

· You will have two separate documents with your submission in the same submission.

Sources

· Be sure to cite all your sources.

· Use SWS to format all the references.

· Wikipedia and other similar websites (blogs, opinions) do not quality as academic resources.

· You can use websites as long as the source is reliable (company websites, forbes.com, fda.com, census.com, etc.)

· For each reference you must have a corresponding in-text citation.

Below are examples of references (please delete and replace with yours).

1. U.S. Environmental Protection Agency. 2016. Causes of Climate Change. https://19january2017snapshot.epa.gov/climate-change-science/causes-climate- change_.html

2. National Aeronautics and Space Administration. 2008. Graphic: The Relentless Rise of Carbon Dioxide. https://climate.nasa.gov/climate_resources/24/graphic-the- relentless-rise-of-carbon-dioxide/

3. Ellie Zolfagharifard. 2014. Tree Roots Act as 'Earth's Thermostat': Mountain Forest

Growth Has Stabilized the Earth's Climate for Millions of Years. http://www.dailymail.co.uk/sciencetech/article-2552933/Tree-roots-act-Earths-

thermostat-Mountain-forest-growth-stabilised-Earths-climate-millions-years.html

4. Ronnie Cummins. 2013. How Factory Farming Contributes to Global Warming. https://www.ecowatch.com/how-factory-farming-contributes-to-global-warming-

1881690535.html