hwork
Running head: CONTROL METHODS 1
CONTROL METHODS 3
Control Methods in Management
Jessica Porter
Rasmussen College
This project is being submitted on March 11, 2015 for (Latricia Roundtree and Rasmussen College) by (Jessica Porter)
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Business Name: Tax Accounting Firm |
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SMART Goal: Hiring new clients within the next three months |
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Criterion being Measured: Growing the business |
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Time Frame For Goal Completion: the goal should be completed within a period of three months |
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Explain the system that you will create to track the success of this goal? |
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In order to complete the projects in my organization, new clients will be hired. The most qualified employees for the project from various areas of the organization will be drawn together in order to attract new clients. Managers who oversee a diverse group of clients from different parts of the company will also be used in this goal. In this goal, we will also provide a variety of services to the clients in order to hire them. A part from the services that will be offered, the main goal of this firm will be to expand the business in terms of increasing the number of customers we serve. Through this, new branches will be opened in various parts of the country; hence accomplishing the goal. |
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Why is being reliable and completing this goal on time important to the business’ success? |
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This goal should be completed within a period of three months. However, being reliable and completing the goal in time is essential, in that, hiring new clients will increase incomes for the organization. Completing the goal in time will prevent other competitive firms from stability hence gaining competitive advantage. In addition, clients believe in the organizations that are the first to innovate a business idea. If the goal is completed earlier, our organization will achieve the most stable and experienced clients, leading to the success of the business. |
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What adjustments will you make if you fall behind completing this goal? |
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If I fall behind completing this project, I will begin advertising the opportunities for new clients so that the available ones do not disappear into the projects of the competing firms. I will also invite managers and accountants with excellent experience to help in completing the project. The managers should be experienced, very dynamic, and mature, on top of being forceful and able to do the job. They must be dedicated and honest so as to fit in the management team.
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Business Name: Bookkeeping store |
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SMART Goal: Launching a social media marketing campaign and platform |
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Criterion being Measured: Growing the business |
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Time Frame For Goal Completion: The goal should be completed in a three months period |
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Explain the system that you will create to track the success of this goal? |
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Bookkeeping goes hand in hand with accounting. Since we have developed an accounting firm, it would be necessary to stabilize the bookkeeping store by launching a social media marketing campaign and platform. This will ensure that all our accounting clients do not look for bookkeeping services outside our premises. To track the success of this goal, I will be required to use the latest state- of -the art computer system because it has the latest software for tracking the bookkeeping records of our clients. Most of our competitors do not have this software; hence it will help to enhance productivity and to expand our capacity in the market. This initiative will also help to bring out our expertise.
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Why is being reliable and completing this goal on time important to the business’ success? |
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Being reliable and completing the goal on time is important to the success of the business since the competing firms will not have realized the latest state- of -the art computer system which makes the bookkeeping process simpler. In addition, completing the goal on time is important to the success of the business because it gives the organization enough time to rectify some of the areas that required much attention. |
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What adjustments will you make if you fall behind completing this goal? |
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If I fall behind completing this goal, I will form a social media page concerning the issue at hand. After that I will invite friends and thousands of individuals in the social media platforms to like the page. The page will contain the goal of the project. I will also invite friends to access our bookkeeping services and offer directions to our organization. Before the project is complete, I will have found the grounds of the new project, a condition that will help to grow the business. |