Discussion post

USE INFORMATION FROM PREVIOUS WORKS ON BAYADA HOME HEATH CARE. Give references for each part

1- use the  Cost-Benefit Analysis Worksheet  to calculate ROI, Payback, and IRR for your strategic initiative. The spreadsheet will calculate these items for you, but you will need to input the data from your analysis and forecasts, including:

· The expected revenue impact for the organization from your plan

· The costs of launching your plan, including:

· Acquisition and/or sale of assets

· Salary expenses including hiring, training or performance bonuses, if applicable

· Manufacturing, marketing, operations overhead, etc.

· Ongoing operating expenses that will be tied to the initiative once it is launched

· Cost savings (if your project is focused on operational improvements)

(2) Review your cost-benefit analysis in the worksheet and briefly answer these questions:

· How will you fund the startup and ongoing costs for your strategic initiative?

· How will your plan improve the organization’s financial health relative to its competitors?

· How does your plan compare to your company’s average (or industry average) profit margins for similar projects or services?

· Why is your proposed plan superior to other options to strengthen the long-term financial health of the organization?

2-Your People Plan

Staffing decisions will likely play a critical role in the successful implementation of your strategic plan. Referencing people management practices you have studied in this MBA program and drawing on your own experience, address the following:

· What changes to team structures and key roles will you need make to execute your strategic initiative? Explain.

· Will the head count/salary costs be net positive, negative, or neutral? Why?

· What training and other resources will you require to support the new plan?

· What is the most critical element of your people plan that you will have to get right for your plan to work? Why?

3-Leading Change

As you make your final preparations for your Board Presentation, what operational and organizational changes will you make to ensure the successful implementation of your plan? Comment specifically on the following:

· The timelines and costs for these changes.

· Using Kotter's 8-Stage Process for Leading Change, pick the 3 or 4 stages that are most critical to the successful implementation of your plan. Explain why you identified these.

· How do your proposed changes align with your organization's culture and where do you anticipate the greatest resistance?

· How will you measure the success of the changes you plan to make?