Operational Plan for an ABC Organization-Free-Sample for Students

Question: Discuss about the Managing an Operational Plan for an Abc Organization. Answer: Introduction Operational management is a specific planning to use organizational resources and the pursuit of strategic plan considered by the organization. The platform offers day-to-day business planning and delivers best possible time to use the strategies and activities. In case of taking any responsibilities implementation of this process and detailed planning is done through the operational process. ABC Company starts their systematic operational plan to achieve their goal within five years. They want to make a strong market base in Australia and expand their travel business all over their connecting nations (Vujanovi? et al. 2012). The process may be one year time frame to improve a particular sector or it can be a long term process to rebuild any organizational process. The objective of the plan is to provide a clear picture of setting a timeframe for strategies. This is a way to enhance the resources and execute them for the development of the organization. All the facility tools are involved in this process and within the strategic planning subdivided parts are concerned about the operational planning. The purpose of the planning is to provide specific time to achieve the goals and objectives and implement procedures for that. Physical and Human resources In case of operational resource, physical and human both these aspects are important for the management to sustain their business. In case of start the business in a formation, certain physical amenities are needed (Slack 2015). Office desk, computer, accessories, electricity, chairs, tables, and space all these are important physical resources to run the business. If the company wants to decorate the office with some other technological appliances then they have to make some market range for that, otherwise, the entire money will go in vain and no such outcome of the investment will be retrieved. In case of human resources, human resource team will take care of that and they will find effective people for the company and with their skill and power, they develop the market position of the company (Levy, Weitz and Grewal 2012). To achieve a good position in market, operational strategy and consult use of making the strategic implementation is needed in that case. Qualified and skilled people important for the company and the company have to offer them a good amount of salary and suitable environment of work in that case so that they retain at the company and deliver their best in any situation. Key Performance Indicators In case of key performance indicators, all the proposed planning of allocating human resource management, allocate financial resources for the company, set timelines for different projects and set implemented deadline management is important. Smart In case of operating the process, the promotional strategy can be used in human resource management. Specific job role allocation will be another strategy to use the potential skill of employees and gain a good market position for the company (Raleigh et al. 2017). These are the smart monitories performance in business. Measurable Operational plan measures the key performance of employees and how they operate the service for the development of the business. The operational process also determines the measurement of capabilities and indicates the stipulate performance to align with the context. Achievable The achievable section process the mark of achievable limitation of operation and that also declares the possible time to achieve aim and objectives. Relevant The relevancy of the project and adopted strategies to formulate the process is the kind of relevancy that organization needs in that section (Slack 2015). The operational process also frames the relevant way to making effort and performed strategies to convey the process in an organization. Time Bound The operational process needs to implement some time to cover. The alignment of time need for that operation and meet the target within that time is the key factor of this section. Table 1: SMART table of Key Performance Indicators (Source: Created by Author) Monitoring Process The monitoring operation plan is a way to formulate the planning goes in a right way and that provides a good outcome from this operational process. The process ensures the quality development and monitoring over the employees so that they directed over the service development and deliver some good quality products through the process (Oakland 2014). From the office infrastructure, recruitment, induction, management, work enhancement to meet the aim and objective of the organization is the key understanding and monitoring process to consolidate business outcome. Operational Plan Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Office Infrastructure Promotion Staff Recruitment Job understanding Monitoring process Achieve target Table 2: Gantt chart of total operation process (Source: Created by Author) Contingency Plan A supportive plan is always ready in case of the failure of the first plan. The disruption of the first plan may happen for certain reasons. As per the risk priority chart, high severity sustains in high frequency and high risk that determines the possible outcomes are risk-oriented in that phase. On the other hand, the low severity has the medium risk and low risk in both the ways (Rummler and Brache 2012). High Frequency Low Frequency High Severity High Risk High- Medium Risk Low Severity Medium Risk Low Risk Table 3: Risk Priority Chart (Source: Created by Author) Intellectual property Employees engagement and recruitment is a productive operational approach that develops the operational understanding to do the work in a right manner and extract productive work from employees. Ensuring a good position is the most effective work of operation process and certain policies and objectivities are required for this process. There are some legal requirements to run the business, government interference is needed also and that enhance the intellectual leadership as well (Slack 2015). Approvals Most of the plans and programs are being approved by the senior or the executive head of the organization. The approval comes from managers or operational managers, who understand the need for the program and then implement the process for the development of the company (Slack 2015). The evaluation of the planning procedure and in-depth analysis of the operation planning is also needed in this situation and that will help to evolve the market position of the company. References Levy, M., Weitz, B.A. and Grewal, D., 2012.Retailing management(Vol. 6). New York: McGraw-Hill/Irwin. Oakland, J.S., 2014.Total quality management and operational excellence: text with cases. Routledge. Raleigh, G.G., Tellado, J., Green, J., Lavine, J., James, J., Nguyen, L.A.M. and Carter III, R.B., Headwater Partners I Llc, 2017.Service plan design, user interfaces, application programming interfaces, and device management. U.S. Patent 9,557,889. Rummler, G.A. and Brache, A.P., 2012.Improving performance: How to manage the white space on the organization chart. John Wiley Sons. Slack, N., 2015.Operations strategy. John Wiley Sons, Ltd. Vujanovi?, D., Mom?ilovi?, V., Bojovi?, N. and Papi?, V., 2012. Evaluation of vehicle fleet maintenance management indicators by application of DEMATEL and ANP.Expert Systems with Applications,39(12), pp.10552-10563.