WK 8

BUS599 – Strategic Management

Operations, Technology, and Management, and Social Responsibility Plan

· Check your paper for grammar, spelling, and organization in Microsoft Editor ( https://library.strayer.edu/editor) before submitting it.

· Check your paper in Turnitin Draft Review (located after the Week 11 Module) for plagiarism. You should have 100% original content, paraphrase, and cite all sources (in-text citations and sources at the end).

Operations, Technology, and Management, and Social Responsibility Plan

Operations Plan

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

· Follow the guidelines provided in the For-Profit Startup Company Guidelines

· Check out Chapter 11- Operations

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

Facilities

· Describe the facility, including its location.

· Specify whether it is rented or owned; include any associated costs.

· Estimate the cost of utilities, such as water/sewer, gas, electricity, and trash removal.

Production Process/ Description of Operations (if service company)

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

· Identify the equipment needed to run your business (machines, refrigerators, vehicles, furniture, etc.) including the cost of each major item.

· Explain your approach to quality control.

· Discuss your approach to inventory (as applicable).

Personnel Needs in Operations

· Specify the number of employees you plan to have, including managers.

· Identify their roles, wages, and/or salary.

Technology Plan

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

· 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 the 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.

Management and Organization Plan

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

· 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 team members and provide a brief description of each person’s background (experience, skills, certifications, etc.) and job responsibilities. Includes the salary.

· Justify your selections. Explain how each manager can make a difference in your 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 the Insert option at the 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 addressed this topic in the week 6 discussion. Be sure to check the feedback provided by the instructor and make appropriate changes. 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 how your company will impact each of the stakeholders: employees, customers, suppliers, and the community.

Employees

Customers

Suppliers

Community

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

Environmental Impact

· Explain your approach to minimizing your company’s impact on the environment, considering all aspects of your operations.

· For example, your company might develop a process to minimize waste or reduce energy usage, such as using recycled materials in its production process.

Sources

· Cite all your sources (in-text citations and references).

· Use SWS to format all the references.

· Wikipedia and other similar websites (blogs, opinions) do not qualify 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 them 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

© 2024 Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University.

In this assignment, you will focus on these sections of your business plan:

· Operations.

· Technology.

· Management and Organization.

· Social Responsibility.

You will revise the Operations, and Social Responsibility sections based on the feedback you received in the discussion threads and any changes you want to make to your business plan.

The Technology and Management and Organization sections are new. You have not worked on these sections in your discussion threads.

Reminders and Notes

· Your chosen company will operate within a 100-mile radius of your home address. Your goal is to reach $1 million in sales by the end of the second year.

· Be sure to follow the guidelines below.

· For-Profit Startup Company Guidelines. [DOCX] Download For-Profit Startup Company Guidelines. [DOCX]

· You are not starting this assignment from scratch. You have already worked on these sections of your business plan in the weekly discussions:

· Operations (Week 5 discussion).

· Social Responsibility (Week 6 discussion).

Write a 4–8 page paper in MS Word, in which you provide the specified information in each section.

BUS599 – Strategic Management

Operations, Technology, and Management, and Social Responsibility Plan

· Check your paper for grammar, spelling, and organization in Microsoft Editor ( https://library.strayer.edu/editor) before submitting it.

· Check your paper in Turnitin Draft Review (located after the Week 11 Module) for plagiarism. You should have 100% original content, paraphrase, and cite all sources (in-text citations and sources at the end).

Operations, Technology, and Management, and Social Responsibility Plan

Operations Plan

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

· Follow the guidelines provided in the For-Profit Startup Company Guidelines

· Check out Chapter 11- Operations

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

Facilities

· Describe the facility, including its location.

· Specify whether it is rented or owned; include any associated costs.

· Estimate the cost of utilities, such as water/sewer, gas, electricity, and trash removal.

Production Process/ Description of Operations (if service company)

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

· Identify the equipment needed to run your business (machines, refrigerators, vehicles, furniture, etc.) including the cost of each major item.

· Explain your approach to quality control.

· Discuss your approach to inventory (as applicable).

Personnel Needs in Operations

· Specify the number of employees you plan to have, including managers.

· Identify their roles, wages, and/or salary.

Technology Plan

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

· 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 the 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.

Management and Organization Plan

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

· 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 team members and provide a brief description of each person’s background (experience, skills, certifications, etc.) and job responsibilities. Includes the salary.

· Justify your selections. Explain how each manager can make a difference in your 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 the Insert option at the 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 addressed this topic in the week 6 discussion. Be sure to check the feedback provided by the instructor and make appropriate changes. 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 how your company will impact each of the stakeholders: employees, customers, suppliers, and the community.

Employees

Customers

Suppliers

Community

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

Environmental Impact

· Explain your approach to minimizing your company’s impact on the environment, considering all aspects of your operations.

· For example, your company might develop a process to minimize waste or reduce energy usage, such as using recycled materials in its production process.

Sources

· Cite all your sources (in-text citations and references).

· Use SWS to format all the references.

· Wikipedia and other similar websites (blogs, opinions) do not qualify 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 them 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

© 2024 Strayer University. All Rights Reserved. This document contains Strayer University confidential and proprietary information and may not be copied, further distributed, or otherwise disclosed in whole or in part, without the expressed written permission of Strayer University.