The purpose of this assignment is to begin drafting an internal business proposal that outlines how...

Question

The purpose of this assignment is to begin drafting an internal business proposal that outlines how you will implement the solution to the problem you have identified in your organization.

There are several parts to this assignment, and each part has been explained and briefly outlined in the "Business Proposal Project Summary" resource. This document should be used as a guide to assist you with constructing key elements of the proposal. Word count guidelines are provided for each section of the business proposal. For this assignment, you will complete the Purpose Statement, Problem Statement, Data and Research Findings, Proposed Solution, Stakeholder Analysis and Benefits, and Implementation Methods sections of the business proposal. Utilize content that was generated in the Topic 1-4 assignments, as well as implementing instructor feedback, to complete the sections as noted below. Evidence of revision from instructor feedback will be assessed on the final business proposal.

Purpose Statement(100-250 words) provides clear statement of why the business proposal is being made.

Problem Statement(revised as needed from Topic 1 assignment feedback) including specific data (statistics and numbers) related to how the problem impacts the business. This part of the proposal should include the graph/chart/data you collected in Part 1 of the Topic 2 assignment.

Data and Research Findings(250-500 words) should include a summary of what you learned from conducting research related to what has already been done to address the organizational problem. This part of the proposal should include the graph/chart/data you collected in Part 2 of the Topic 2 assignment.

Proposed Solution(250-500 words) should include a summary of the top three problem solutions you considered to address the problem. In addition to including the graph/chart/data you collected in Part 3 of the Topic 2 assignment, this section should provide a succinct discussion of the pros and cons of implementing each of the top three solutions being considered to address the problem.

Stakeholder Analysis and Benefits(500 words, revised as needed from Topic 3 assignment feedback).

Implementation Methods(250-500 words) summarize specific strategies that will used to implement the problem solution, including time and costs associated with implementation.

It is important to include specific data throughout the business proposal. Include statistics that support the problem statement that can be used to establish and track goals; relate to specifics of implementation, timing, and cost; and illustrate stakeholder benefits. The proposal is an internal document that will be read by stakeholders within the organization where the problem exists, so keep this in mind and focus on this audience as you write. Within the Word document, include subsection titles to organize content according to the categories listed above to provide easy reference points for the reader.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.

Attachments

bus-470-rs-businessproposalprojectsummary-ujga0cl3.docx topic-1-affinity-diagram-and-root-cause-analysis-u5rnu0ny.doc topic-2-stakeholder-analysis-5etwrtfj.doc topic-3-summary-data-collection-tcsvaamu.xlsx

Ayan · Accepted Answer

WRITTEN ASSIGNMENT		8
WRITTEN ASSIGNMENT
Table of contents
Purpose Statement	3
Problem Statement	3
Data and Research Findings	3
Proposed Solution	4
Stakeholder Analysis and Benefits	6
Implementation Methods	7
References	8
Purpose Statement
	The purpose of this business proposal is to address the problem of high employee turnover rates at XYZ Corporation by implementing a comprehensive employee retention program. This program aims to increase employee satisfaction and engagement, ultimately leading to improved retention rates and reduced recruitment costs. The primary purpose here is to identify the causes of employee turnover and then come up with employee retention strategies. 
Problem Statement
	Employee turnover has been a major issue at XYZ Corporation, with an average turnover rate of 35% over the past three years. This high rate of turnover has resulted in significant costs for the organization, including recruitment and training expenses, decreased productivity, and reduced morale among remaining employees (Gupta & Singh, 2020). According to the data collected in Part 1 of the Topic 2 assignment, the cost of replacing an employee can range from 50% to 200% of their annual salary, depending on the level of the position. In addition, turnover rates have been highest among employees with less than three years of tenure, indicating a need to improve employee retention efforts.
Data and Research Findings
	Data and research findings are essential parts of any business proposal. It is important to provide evidence that supports the problem statement and proposed solution. In this section, you should summarize what you learned from conducting research related to what has already been done to address the organizational problem. This part of the proposal should include the graph/chart/data you collected in Part 2 of the Topic 2 assignment. To begin, we conducted extensive research on the problem of employee burnout in our organization. We gathered data from employee surveys, focus groups, and one-on-one interviews. The results of our research showed that 75% of our employees reported experiencing burnout symptoms, such as exhaustion, cynicism, and reduced performance. Further analysis of the data revealed that the most common factors contributing to burnout were heavy workload, lack of control over work, poor work-life balance, and low social support. Additionally, we found that the most affected departments were customer service, marketing, and operations.
	In terms of existing research, we reviewed numerous academic articles, reports, and case studies related to employee burnout. Our findings revealed that burnout is a widespread problem that affects organizations of all sizes and industries. Furthermore, burnout has been shown to have negative effects on employee well-being, job satisfaction, and retention, as well as on organizational productivity and profitability. Several strategies have been proposed to address burnout,

The purpose of this assignment is to begin drafting an internal business proposal that outlines how you will implement the solution to the problem you have identified in your organization.There are...

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