Develop an operational plan for an organization of your choice. Read the article, Operational Plan,h

  

Develop an operational plan for an organization of your choice. Read the article, Operational Plan,http://www.entrepreneurmag.co.za/advice/business-leadership/setting-up-systems/operational-plan/for an overview of the required elements in this type of plan. Create a fictional organization that includes the name, type of business, size of organization, and the product or service that the organization offers. The paper must be between 8-10 pages in length and include five scholarly sources, in addition to the text. Your paper must:Develop an organizational chart for the proposed organization. Include the title of positions and a brief description of the positions duties and responsibilities.Figure 7.7 on page 207 of the text provides an example of how to develop the organizational chart.Define the organizations vision, mission, and valuesOutline the basic planning process for the organization, and describes how the three levels of management influence this process.Explain why the quality, productivity, and profitability are important elements in the planning processEvaluate the relationship between the human resource planning activities and the overall organizational strategy Discuss the philosophy of management that will be applied to the management of the organization and how the structure of the organization will foster a positive work environment where employees will be motivated and productive.Compose the steps of control and types of controls included in the control process for the organization.The paperMust be 8 to 10 double-spaced pages in length (not including title and references pages) and formatted according to APA style Must include a separate title page with the following:Title of paperStudents nameCourse name and numberInstructors nameDate submittedMust begin with an introductory paragraph that has a succinct thesis statement.Must address the topic of the paper with critical thought.Must end with a conclusion that reaffirms your thesis.Must use at least five scholarly sources in addition to the course text.Must document all sources in APA style Must include a separate references page that is formatted according to APA stylePlunkett, W. R., Allen, G. S., & Attner, R. F. (2013). Management: Meeting and exceeding customer expectations (10th ed.). Mason, OH: South-Western Cengage Learning. Job, A. (2012, December 21). Operational plan. Entrepreneur. Retrieved from http://www.entrepreneurmag.co.za/advice/business-leadership/setting-up-systems/operational-plan/
President
Vice President
Marketing
Vice President
Production
General
Manager
Sales
General
Manager
Advertising
General
Manager
Research
General
Manager
Manufacturing
General
Manager
Quality Control
Division Sales
Manager
Appliances
Division Sales
Manager
Electronics
Manager
Product
Research
Manager
Consumer
Research
Line Authority
Staff Authority
Functional Authority
Manager
Operations
Manager
Manufacturing
Manager
Shipping

Introduction:
An operational plan is an essential tool for organizations that aim to effectively and efficiently achieve their goals. It outlines the resources and strategies required to achieve the objectives of the organization. This paper delves into the development of an operational plan for a fictional organization. The organization’s vision, mission, and values, the planning process, human resource planning activities, the philosophy of management, the control process, and organizational structure are all essential components of this operational plan.

Don't use plagiarized sources. Get Your Custom Essay on
Develop an operational plan for an organization of your choice. Read the article, Operational Plan,h
Just from $13/Page
Order Essay

Description:
This paper aims to develop an operational plan for a fictional organization that includes the name, type of business, size of organization, and the product or service that the organization offers. The paper will include an organizational chart of the proposed organization. It will also define the organization’s vision, mission, and values, and outline the basic planning process for the organization, describing how the three levels of management influence this process. Additionally, it will highlight why quality, productivity, and profitability are crucial elements in the planning process. The relationship between the human resource planning activities and the overall organizational strategy will be evaluated, and the philosophy of management that will be applied to the management of the organization will be discussed. Furthermore, the paper will detail the structure of the organization that fosters a positive work environment and motivates employees to be productive. The steps of control and types of controls included in the control process for the organization will also be addressed. Finally, the paper will be 8-10 pages long, formatted according to APA style, and include at least five scholarly sources in addition to the course text.

Objectives:
– To understand the process of developing an operational plan for an organization
– To create a fictional organization and develop an organizational chart for it
– To define the organization’s vision, mission, and values
– To outline the basic planning process for the organization
– To explain the importance of quality, productivity, and profitability in the planning process
– To evaluate the relationship between human resource planning activities and the overall organizational strategy
– To analyze the philosophy of management that will be applied in the organization and how it will foster a positive work environment
– To compose the steps of control and types of controls included in the control process for the organization

Learning Outcomes:
By the end of this assignment, students will be able to:
– Develop an operational plan for a fictional organization
– Create an organizational chart for the proposed organization
– Define the organization’s vision, mission, and values
– Outline the basic planning process for the organization and describe how the three levels of management influence this process
– Explain why quality, productivity, and profitability are important elements in the planning process
– Evaluate the relationship between human resource planning activities and the overall organizational strategy
– Discuss the philosophy of management that will be applied to the management of the organization and how the structure of the organization will foster a positive work environment where employees will be motivated and productive
– Compose the steps of control and types of controls included in the control process for the organization
– Use at least five scholarly sources in addition to the text and document all sources in APA style
– Format the paper according to APA style guidelines
– Write an 8-10 page paper that provides a succinct thesis statement, critically addresses the topic, and ends with a conclusion that reaffirms the thesis.

Solution 1: Developing an operational plan for a fictional organization

Introduction: The paper discusses the operational plan of a fictional organization that operates in the manufacturing industry. The name of the company is XYZ Inc., which produces and sells electronic appliances. The company has a central management structure, and the plan describes how the organization will ensure that its operations run smoothly.

Organizational chart: XYZ Inc. has a relatively flat organizational structure. There are six departments, including Marketing, Production, Sales, Advertising, Research, and Manufacturing. Each department has a general manager who reports to either the Vice President of Marketing or the Vice President of Production. The managers of the appliance and electronic divisions report to the Vice President of Production. The chart below shows the company’s organizational structure.

![Organizational Chart for XYZ Inc.](https://i.imgur.com/Pdq8IsO.png)

Vision, mission, and values: The vision of XYZ Inc. is to become a global market leader in the production of electronic appliances. The mission is to provide high-quality products that meet or exceed customers’ expectations and deliver superior value to stakeholders. The company values honesty, integrity, mutual respect, diversity, excellence, and social responsibility.

Basic planning process: The planning process of XYZ Inc. has three levels: strategic, tactical, and operational. Senior management is responsible for the strategic level of planning, which includes setting the overall direction of the company and defining its mission, vision, and values. The tactical level of planning involves middle management and focuses on setting specific goals, objectives, and plans for each department. The operational level of planning involves day-to-day activities and is the responsibility of departmental managers.

Importance of quality, productivity, and profitability: Quality, productivity, and profitability are essential elements in the planning process of XYZ Inc. High-quality products are critical to customer satisfaction and loyalty, whereas productivity enhances the company’s competitiveness and profitability.

Relationship between human resource planning and organizational strategy: Human resource planning is the process by which organizations ensure they have the required number of employees with the necessary skills and experience to meet their objectives. In the case of XYZ Inc., HR planning is aligned with the company’s organizational strategy to ensure that its workforce is capable of achieving its goals.

Philosophy of management and work environment: XYZ Inc. will apply the participative management philosophy to ensure all employees have a voice in decision-making processes. The company’s structure is designed to foster a positive work environment where employees will be motivated and productive. The company plans to invest in employee training, job enrichment, and career development programs to enhance employee skills and job satisfaction.

Steps of control and types of controls: The company will implement a six-step control process to ensure that its goals and objectives are met. The steps are setting standards, measuring performance, comparing performance to standards, determining the reasons for deviations, taking corrective action, and adjusting standards if required. The types of controls that XYZ Inc. will employ include feedback control, concurrent control, and feedforward control.

Conclusion: This operational plan outlines how XYZ Inc., a fictional organization that produces and sells electronic appliances, plans to operate. The company’s organizational structure, vision, mission, values, planning process, and management philosophy have been discussed. Additionally, the paper has highlighted the importance of quality, productivity, and profitability, and the relationship between human resource planning and organizational strategy. Finally, the steps and types of controls that will be employed to monitor performance and achieve the company’s objectives have been outlined.

Solution 2: Operational planning for a commercial bank

Introduction: The paper discusses the operational plan for a commercial bank, including its organizational chart, vision, mission, and values. Additionally, the paper discusses the bank’s basic planning process, the importance of quality, productivity, and profitability, and the relationship between human resource planning and organizational strategy. Finally, the steps and types of controls that will be employed to monitor performance and achieve the company’s objectives have been outlined.

Organizational chart: The commercial bank has a hierarchical organizational structure with the following departments: Retail Banking, Commercial Banking, Wealth Management, Operations, and Marketing. The chart below shows the company’s organizational structure.

![Organizational Chart for a Commercial Bank](https://i.imgur.com/s5s36oo.png)

Vision, mission, and values: The bank’s vision is to become the leading financial institution in terms of customer satisfaction, profitability, and innovation. Its mission is to provide financial services that meet customers’ needs, deliver value to shareholders, and contribute to the community’s economic development. The bank values integrity, ethics, professionalism, and commitment to customers’ interests.

Basic planning process: The planning process at the bank has three levels: strategic, tactical, and operational. The board of directors and senior management are responsible for the strategic level of planning, which includes setting the overall direction of the bank and defining its mission, vision, and values. Middle management is responsible for the tactical level of planning, which involves setting specific goals, objectives, and plans for each department. The operational level of planning involves day-to-day activities and is the responsibility of departmental managers.

Importance of quality, productivity, and profitability: Quality, productivity, and profitability are critical elements in the planning process of the bank. High-quality services are vital for maintaining and expanding customer relationships, enhancing the bank’s reputation and brand image. Productivity is key to cost competitiveness, and profitability is essential to shareholders’ satisfaction.

Relationship between human resource planning and organizational strategy: The bank’s human resource planning focuses on ensuring it has an adequate number of qualified and experienced employees. The HR planning is aligned with the company’s organizational strategy to ensure that its workforce is capable of achieving its goals. Additionally, the bank invests in employee training and development programs to enhance employee skills, job satisfaction, and retention.

Philosophy of management and work environment: The bank’s management philosophy is to be client-centric. The company fosters a positive work environment where employees are motivated, productive, and committed to delivering quality services. To achieve this, the bank invests in employee training, career development, and job enrichment programs.

Steps of control and types of controls: To ensure the bank meets its goals and objectives, it employs a six-step control process consisting of setting standards, measuring performance, comparing performance to standards, determining the reasons for deviations, taking corrective action, and adjusting standards if necessary. The types of controls used by the bank include feedback control, concurrent control, and feedforward control.

Conclusion: This paper has described the operational plan for a commercial bank, including its organizational structure, vision, mission, and values. Additionally, the bank’s basic planning process, the importance of quality, productivity, and profitability, and the relationship between human resource planning and organizational strategy have been discussed. Finally, the paper has outlined the steps and types of controls that will be used to monitor performance and achieve the bank’s objectives.

Suggested Resources/Books:
1. The Organizational Plan Handbook: A Blueprint for Succession Planning by Tracy K. Ward
2. Business Planning: Building a Winning Team by Sebastian Bailey and David L. Swift
3. Organizational Development and Change by Cummings and Worley
4. Strategic Planning: A Practical Guide to Strategy Formulation and Execution by Bensoussan and Fleisher
5. Contemporary Strategy Analysis: Text and Cases Edition by Robert M. Grant

Similar Asked Questions:
1. What are the critical elements of an operational plan for an organization?
2. How do you develop a blueprint for succession planning in an organization?
3. What are the different types of authority in an organizational structure?
4. Why is quality, productivity, and profitability important in an organization’s planning process?
5. How can human resource planning activities effectively contribute to the overall organizational strategy?

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
× How can I help you?