MANAGE OPERATIONAL PLAN TASK 1 Review and Analyse a Sample Operational Plan Description:

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MANAGE OPERATIONAL PLAN



TASK 1




Review and Analyse a Sample Operational Plan




Description:






An Operational Plan is a detailed action‐oriented plan that provides a clear picture of how a team, section or department will contribute to the achievement of the organisation's strategic goals (FLN). An operational plan could be part of a strategic or a business plan, addressing human resource, physical resource, action items, key performance indicators, and operational budget requirements to achieve the intended goals. A contingency plan often accompanies an operational plan that prepares for alternative actions in case the operational plan meets any obstacles.






With a view to develop an understanding of key components and use of operational plans, you will review and analyse a sample operational in this assessment task. The sample operational plans are actual plans obtained from public domain sources for the purpose of this assessment. Formats and contents of the plan differ from organisation to organisation. However, you will be required to analyse the plan within the context of the following areas;






§ Stated goals and objectives




§ Key performance areas




§ Key performance indicators




§ Human resource requirements




§ Physical and other resource requirements




§ Action plan/task/items




§ Budget/cost expectations




§ Key responsibilities







Ensure that your sample plan provides you with enough information to analyse the above components. Your analysis will essentially be based on your understanding and explanation of the plan – what you think about it, its key features, and how, in your view, this plan will help the organisation achieve their strategic objectives. You may also want to visit respective organisation’s website and gather further information to support your analysis/comments.








Please note



, merely reiterating the contents of the plan will not be construed as an analysis. Cambridge
dictionary defines analysis as the process of breaking up a concept, proposition, linguistic complex, or fact into its simple or ultimate constituents. Accordingly, it will be expected that you will write the analysis in your own words and understanding.












Plan analysis must be word processed and appropriately structured under headings/sub‐headings.



Word Limit: There is no work limit for this task. However, it is expected that the analysis will be contained within four to five single‐sided A4 sheets with a maximum spacing of 1.5.





This assessment task must be completed during an in‐house assessment session in presence of an assessor.






















Assessment Criteria


The following criteria must be addressed for this task;






§ Selected an appropriate business or strategic plan for the task




§ Completed the task within a designated assessment session in presence of an assessor




§ Addressed all the required areas of analysis




§ Analysis reflects understanding of the concept and the components of an operational plan




§ Analysis contains a reasonable level of scrutiny and/or inquiry into specific aspects of the plan




§ Goals and objectives are analysed for their measurability and viability in the context of the plan




§ Explained how the operational plan may align with other strategic or organisational plans




§ Identified and analysed key performance areas of the plan




§ Where possible, reviewed, summarised and commented on KPIs (if provided in the sample plan)




§ Identified and analysed company’s human resource requirements to support the operations




§ Identified and analysed company’s physical and other resource requirements to support the operations




§ Action items are noted and analysed for their effectiveness




§ Budget and cost expectations are noted and explained for their relative influence on the plan




§ Expressed on viewed and summarised key aspects of the plan in own words




§ Analysis is appropriately structured and provides a clear and concise breakdown of the plan








TASK 2







Develop a Operational Plan




Description:






Operational plans provide an organisation with a mechanism to put their strategies in action and identify the resources required to achieve their stated goals and objectives. Operational plans may also be termed as action plans, annual plans, management plans or tactical plans. Separate operational plans are often prepared by different departments within an organisation to outline their specific tasks and priorities.






In Assessment Task1, you developed the understanding of the structure and components of an operational plan through an analysis of a sample operational plan. In this assessment task, given as a group project, your group will be required to develop an Operational Plan for a sample organisation based on its Strategic Plan. Your group will be provided with a sample strategic plan for this task. Your trainer/assessor will play the role of the Senior Manager for the purpose of this task.






A past or an existing organisation can also be used as an example to develop the required organisational context for this task. Alternatively, based on the sample strategic plan, research and collect some organisational information as a background to your plan.





Develop an operational plan that includes;



§ Executive summary




§ Stakeholders, consultation and approvals




§ Operational goals and expected outcomes




§ Action plan (convert strategies to actions)




§ Key performance indicators (KPIs)




§ Human resource requirements (including training or PD and strategies to address the requirements)




§ Physical and other resource requirements (including strategies to acquire the resources)




§ Resource conservation/waste management tactics




§ Budget/cost expectations




§ Key responsibilities; including intellectual property rights and responsibilities




§ Communication plan (how respective responsibilities and KPIs will be communicated)




§ Monitoring and evaluation




§ Contingency plan






An operational plan fundamentally addresses four questions:



§ Where are we now?




§ Where do we want to be?




§ How do we get there?




§ How do we measure our progress?







Contingency planning involves creating an alternative plan in the event of the original operational plan changing or facing obstacles due to unforeseen circumstances. It can be based on anticipated risks (e.g. non‐ availability of raw materials, government approvals etc.) and alternatives that can be used to keep the operational plan moving.





As part of assessment criteria for this task, equal and active participation from all groups will be required. Each group will need to submit a group statement, signed by all group members, outlining their respective role and contribution in the project. Any problems or non‐contribution from ant group members should be reported to the trainer/assessor at the earliest.






There is no word limit, but it is expected that each part will be articulated in sufficient detail to be able to form an analytical perspective. A sample plan or a template can be used as a guide. Ensure that you reference/cite all the external sources using an appropriate referencing system (e.g. Harvard Referencing System).






Further, once draft has been completed, your group will need to plan and develop additional documentation for performance review purpose (Assessment Task 3). Ensure that you retain copies of all the work.







Assessment Criteria


The following criteria must be addressed for this task;




Individual:






§ Participated in group formation process and joined a project group




§ Communicated effectively with the group members and clarified own roles and responsibilities




§ Actively participated and contributed in group discussion




§ Completed own tasks as delegated by the group








Group:






§ Successfully formed the group




§ Assessed available skills and knowledge of each group




§ Defined roles and responsibilities of each group member




§ Identified and itemised project tasks




§ Delegated tasks to group members based on their skill and knowledge sets




§ Used/developed a profile/introduction of the organisation used in the task




§ Developed an operational plan from the given strategic plan




§ The plan is appropriately structured and presented as an official document reflecting a real‐life example







§ Appropriate headings and sub‐headings are used to structure the contents




§ The content flow covers all the required elements of the plan and contains a logical sequence of the topics







§ An executive summary is included and provides an overview of the plan




§ Key stakeholders and consultation/approval processes are identified and defined




§ An effective communication plan is developed to communicate the plan and key responsibilities to respective personnel







§ Operational goals/aims and expected outcomes align with the stated organisational or strategic goals and objectives




§ Key action tasks are developed to help implement the strategies




§ The action plan addresses all the key strategic areas and establishes key responsibilities and time lines




§ Identified and defined human resource requirements to implement the plan




§ Strategies and processes to address human resource requirements are developed to support the implementation







§ Identified and defined physical and other resource requirements to implement the plan




§ Strategies and processes to address physical and other resource requirements are developed to support the implementation







§ Requirements for IP rights and responsibilities are identified and addressed in acquisition of resources




§ Key Performance Indicator (KPIs) are developed to measure the outcomes and plan effectiveness




§ KPIs are realistic and include both qualitative and quantitative measures




§ Budget and cost expectations for implementation of the plan/actions are estimated and provided in appropriate format







§ A risk‐based contingency plan is developed to cover unforeseen circumstances and address business performance issues







§ The plan includes a detailed evaluation plan that helps monitor the plan and its effectiveness over the stated duration







§ Measures to address performance and skill/training requirements are included as part of the implementation process







§ Appropriate resource conservation tactics are suggested to minimise waste and improve usage




§ Maintained a group portfolio and kept records of group meetings and communications





Submission Guidelines


Submit:



§ An Operational Plan for the given organisation in hard and electronic copies







§ Signed group statement




§ Group portfolio containing meet records, communication and draft work/references










TASK 3



Review Operational Performance




Description:


This task is a continuation of Assessment Task 2.



In a typical workplace environment, implementation and performance review of a plan would be a stepped process, monitored over a long period time. In a classroom environment, this process will be simulated for this task. Accordingly, for the purpose of this task, the class audience will play the role of the staff. Your trainer/assessor will play the role of the Senior Manager.



Assume that your plan has been implemented and is being reviewed for its performance. You will be provided with sample financial information (Balance sheet and Profit and Loss Statements). Review and analyse the financial data against the KPIs set in your plan and take notes for presentation



Next, your group will be emulating the organisational process by;



1. Calling and conducting a staff meeting





2. Summarising requirements for implementing the plan – Action plan stages



3. Review of key stakeholder and consultation process in implementation



4. Articulating the KPIs for measuring the success



5. Presenting an analysis of the actual performance (sample financial data) Vs the KPIs



6. Seeking feedback on KPIs and adjusting as per the feedback in view of the performance



7. Articulating KPI management process and protocols



8. Plans for reviewing and improving the system



9. Articulating requirements for improvements and seeking feedback






One of your group members will be tasked with taking minutes of the meeting. Ensure that you explain each step and seek feedback. Based on the discussion, articulate implementation process and assign responsibilities within the roleplay.



The group will, then, submit a final report summarising the meeting, audience suggestions, processes deployed for review and measures in place for continuous improvement.


All group members will be required to participate in the review session.




Assessment Criteria



The assessment will include both individual and group assessment. Both, individual and group criteria must be met for successful completion of this task. Group formation process must be completed in presence of an assessor. Group work and interaction completed during the sessions will be observed throughout the project duration. Your group must also maintain a group portfolio and keep records of all group meetings and communications.





The following criteria must be addressed for this task;







Individual:






§ Participated in group work as required




§ Actively participated and contributed in group discussion for this stage




§ Completed own tasks as delegated by the group








Group:






§ Called a meeting of stakeholders for the purpose of performance review and feedback




§ Prepared the required review documentation and a presentation to the stakeholders




§ Outlined and articulated implementation process and roles and responsibilities undertaken




§ Outlined organisational communication plan and consultation processes




§ Linked implementation to organisational policies and procedures as per the context developed within this and other tasks







§ Outlined and explained measures for evaluating plan performance




§ Analysed financial information to review performance against the KPIs




§ Analysis was succinct and relevant to the plan and its purpose




§ Members were able to emulate the organisational process by using the sample data and cohesively preparing and presenting plan performance information







§ Allowed for a robust discussion and simulated a performance review meeting and process




§ Captured and recorded audience comments and feedback




§ Described processes for improvements and assigned roles and responsibilities




§ Set processes for identifying improvement opportunities




§ Developed a report comprising of implementation activities, processes, and how consultations and delegations were made








Submission Guidelines


Submit:



§ Performance review report in hard and electronic copies







§ Copies/record of stakeholder feedback (classroom session)














Answered Same DayJul 13, 2021BSBMGT517Training.Gov.Au

Answer To: MANAGE OPERATIONAL PLAN TASK 1 Review and Analyse a Sample Operational Plan Description:

Nishtha answered on Jul 18 2021
149 Votes
OPERATIONAL PLAN
Table of Contents
Task 1    3
Background    3
Brief    3
Key Responsibility Area    3
Key Performance Indicator    4
Human Resources    4
Physical, Financial and Other Resources    5
Budget and Cost Expectation    5
Conclusion    5
References    6
Task 2    7
Executive Summary    7
Introduction    8
Company’s Stakeholders    8
Goal    9
Action Plan    9
Key Performance Indicator    10
Human Resource    11
Physical and Other Resources    11
Waste Management Tactics    12
Budget    13
Key Responsibilities Including Intellectual Property Rights and Responsibilities:    13
Communication Plan    14
Monitoring and Evaluation    14
Contingency Plan    15
Conclusion    15
References    16
Task 1
Background
Chin Chin Sydney housed in historic and heritage-listed Griffith’s team building. It is located in Wentworth Avenue and Commonwealth Street in Surry Hil
ls. This place lives by the philosophy that the act of eating and drinking is all about fun and relaxing. Chin Chin Sydney place serves extensive menu of Asian dishes, all blended with exotic herbs, spice and freshness. There is a broad expanse filled with smoky, big table, caramelized fat, scorched chilli and that special barking din Sydney siders make when they know they are in the hottest place in town right when it is at its most intensely, fabulous. The size of the Chin Chin in Sydney is twice as the size of the original in Melbourne. The restaurant hired best people around different corner, who are motivated, knowledge and available to serve customers.
Brief
Through this method, Chin Chin Sydney retains loyal customers. The management team of the restaurant consists of employee having good amount of experience in food and hospitality industry. There are also some other department such as marketing, art, finance, catering and motion pictures. The main strategy of the Chin Chin Sydney is to give higher value to the customers compared with other competitors in all spheres, which are food, entertainment and service. The services of the restaurant will be relaxed, correctly delivered and very friendly. The restaurant is a combination of the atmosphere, excellent food, special theme night, ambience and friendly staff to create a one-stop place where goal is to give fine dines experience to the guests. Chin Chin Sydney wants to earn fair amount of profit so that they can give reward to their employee and build their motivation. The restaurant wanted that employee engagement should be there, it is the only way, where employee’s motive and the organization’s motive aligned.
Key Responsibility Area
The main characteristics of a good restaurant do not differ from the regular restaurants. Their success identified by their work on key performance area. These areas have some great potential, which contributes on the future of the organization. Following is the list of the important performance area.
· There is a rocket science that a restaurant is known for its good food. Great taste is vital feature for every restaurant.
· Location of the restaurant also plays some major role in the success of the restaurant. A restaurant located in one of the prime location would definitely receive better footfall and more guest compared with location not in prime location. The location decided after organization chose its target audience.
· A smart menu planning can do wonders to the restaurant. It draws the attention of the guest.
· Marketing is an important aspect of any business. A successful restaurant is all because of its marketing plan.
· This is not only the word of mouth. However, it includes various types of online and offline marketing platforms. Kim, Li and Brymer (2016) have described social Media Marketing will benefit any business whether it is a takeaway restaurant or a dine-in one. Social Media is the way to go when it comes to marketing.
Key Performance Indicator
There are some metrics, which indicates the positive and negative position of the organization. As mentioned by Heo (2016), these indicators or performance area also describes the area of improvement in the organization.
The first key performance indicator is sale of the restaurant. It is one of the most important area, which defines how organization is doing. Sales of the organization influence various other key metrics like gross profit and break-even point.
The organization has to maintain the labour cost. It should not low as this will create dissatisfaction and de motivation between employee and it should be high, as this will cost to the company. Another key area is cost of the goods. In order to decrease the bottom line of the restaurant, the organization has to decrease the cost of the good and that is without sacrificing the quality of the food.
Human Resources
The restaurant business is a growing business, organization like Chin Chin Sydney need a human resource department to perform certain functions like food handling regulation, motivation of the employee, training, and recruitment and staying in compliance with employment and food-handling regulations. The role of the human resource starts from the candidate expression on interested in working in the organization to the last day of the job. The first and foremost work of the human resource is recruit the right candidate at the right position at right time. Advertise about the job vacancy, creating job description, preliminary interviews and paperwork is some of the primary roles and responsibilities of the human resource department.
Physical, Financial and Other Resources
It is vital to make restaurant fully furnished and equipped with necessary resources and equipment. It takes a good about of time when it comes to those physical resources decisions. It is necessary not to skimp when it comes to the customized plan for the restaurants. The first and foremost important resource require by the restaurant is Kitchen. Dishwasher is another physical resource needed by the restaurant. The largest and the most expensive expense is the equipment require in receiving and storage area. This includes the walk-in refrigerator/freezer, which is the main storage area.
Budget and Cost Expectation
It is a restaurant in Sydney, which would cost a lot of money than any other city like Melbourne, 30,000 dollars to start a small venture of 25 seats. Then we have tables, chairs and crockery, cutlery, glassware and paper serviettes. Cooking gear and staffs would 24 dollars an hour and more on weekends or holidays, excluding foods, refrigeration, cooking power, lighting and advertising. The total cost will round up to approximately $200000 to $500000, so plan, plan, and plan again for restaurant business.
Conclusion
The general manager of the restaurant is responsible for the day-to-day operation and the management of the employees. The main areas of responsibilities are inventory management, solving customer problem, financials and marketing of the restaurant’s product and services. It is their job to ensure that the kitchen should be stocked with all of the necessary ingredients, to-go boxes, cups cutlery and dinnerware, etc. In some cases, as stated by Jang, Zheng and Bosselman (2017), the manager may delegate an employee to oversee the day-to-day management of the inventory, but they still keep a watchful eye over things.
References
Jang, YJ, Zheng, T & Bosselman, R 2017 ‘Top managers’ environmental values, leadership, and stakeholder engagement in promoting environmental sustainability in the restaurant industry’ International Journal of Hospitality Management, vol. 63, pp. 101-111
Heo, CY 2016 ‘Is RevPASH the best performance indicator for restaurant revenue management’ In Proceedings of the 14th Asia-Pacific Council on Hotel, Restaurant, and Institutional Education conference 2016 (No. CONFERENCE), vol. 11-13
Kim, WG, Li, JJ & Brymer, RA 2016 ‘The impact of social media reviews on restaurant performance: The moderating role of excellence certificate’ International Journal of Hospitality Management, vol. 55, pp. 41-51
Task 2
Executive Summary
This report is the Operational plan by choosing a company’s strategic management process. The chosen company for this report is Chin Chin Sydney. The report divided into 15 parts. It Start from the introduction, company’s stakeholder,...
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