Operation, Technology, and Management Plan (with Financials)

This assignment consists of two sections: the Word document and your business plan financials. Note: You must submit both sections as separate files for the completion of this assignment. 

Use the NAB Company Portfolio (see Required Course Files in Week 1). 

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Write a 4-8-page paper in which you provide the following information below. 

Operations Plan (1–2 pages)

Note: Remember to assign a dollar amount to each operational cost you find, as you will need these figures for your income statement and cash flow in Week 8. 

  1. Create an operations plan for your NAB company using the template in the text as a guide (p. 214 | Operations Plan Preparation Form). Extract appropriate information from the NAB Company Portfolio, where applicable. Other required items in the template should be filled in using your personal preferences.
  • Note: Most of the research pertaining to the hints provided here can be found in the NAB company portfolio.
  • Hints: Consider whether you will rent or buy your facilities or outsource production to an existing company.
  • Hints: One of your biggest expenses as a startup non-alcoholic beverage company will be transitioning from a small-batch prototype of your beverage to production on a large scale. Research the equipment you will need (vats, refrigerators, burners, ovens, bottling equipment, and so on), whether you will rent or buy, how you will maintain and clean the equipment, and so forth. Consider how you will ensure quality control. What capacity do you intend to reach?
  • Hints: Deliberate your inventory control. Where do your supplies come from and what is your turnaround time to produce your beverage once you have received an order?
  • Hints: Consider your distribution method. Refer back to your notes for the SWOT analysis assignment in Week 2 of the class.
  • Hints: How will you stay abreast of new developments in your industry? What new products do you have in development now, in addition to your flagship product?
  1. Describe your research and development activities and explain how they will contribute to the company.

Technology Plan (1–2 pages)

3. Create a technology plan for your NAB company using the template in the text as a guide (p. 227 | Technology Plan Preparation Form). Extract appropriate information from the NAB Company Portfolio, where applicable. Other required items in the template should be filled in using your personal preferences.

  • Hints: Consider the type of technology your company will use to conduct the following activities: managing personnel; taking, fulfilling, and tracking orders; managing inventory; communicating with customers and providing customer service; and producing your beverage.

Management and Organization (1–2 pages)

  1. Create a management plan for your NAB company using the template in the text as a guide (p. 248 | Management Plan Preparation Form). Extract appropriate information from the NAB Company Portfolio, where applicable. Other required items in the template should be filled in using your personal preferences.
  2. Using the flow charts on page 242 as a guide, outline your company’s management hierarchy. Note: Charts or diagrams must be imported/included in the MS Word document.

Create an ethics and social responsibility plan (1-2 pages)

  1. Describe the ways in which your company is committed to being a good corporate citizen.

    Hints: Consider the following areas:

    Creating jobs
    Following the laws of every jurisdiction in which your company operates
    Fair and honest treatment of employees
    Non-discrimination of employees and increasing diversity of your work force

  • Hints: If your company is designed as a social venture—in which you have a primary purpose of achieving a social or environmental goal—describe what that goal is and what aspects of your company are designed to reach that goal. Provide a rationale for why you have or have not chosen this to be a social venture. 

      2. Discuss how your company’s activities will affect the environment and identify the steps you will take to mitigate any negative impacts.

  • Hints: As a beverage company, consider such issues as your choice of packaging, disposal of bottles/packages by consumers, and your use of resources, such as water in areas where water may be scarce. 

         3. Determine any health issues/claims related to the product you are making, whether negative or positive. Suggest the strategy your company will use to mitigate any negative issues and to ensure any positive claims are true.

Section 2: Business Plan Financials (MS Excel worksheets bundled with course textbook)

For year one, submit the entire completed “Business Plan Financials” Excel document based on feedback from week 7 discussion and information from your business plan.

Format your assignment according to these formatting requirements:

  1. Cite the resources you have used to complete this exercise. Note: There is no minimum requirement for the number of resources used in the exercise.
  2. The paper must be typed, double-spaced, using Times New Roman font (size 12), with 1-inch margins on all sides; references must follow APA format. Check with your professor for any additional instructions.
  3. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.

Running head: COMPANY NAME – OPERATIONS 1

COMPANY NAME – OPERATIONS
10

Operations, Technology, and Management Plan

First Name Last Name

Strayer University

BUS 599

Dr. Andrea Banto and Dr. Cynthia Parmenter

September 10, 2019

Due: Week 8, worth 100 points

Length: The assignment should be 4 to 8 pages, excluding title page and reference page

!!!You must use the appropriate information from the NAB Company Portfolio to complete this section.

Important:

· Review the description of this assignment in the course guide or Blackboard and use the tips provided along with this template to help you in your writing.

· Use the textbook and review the recommended pages. Note that your textbook has sample plans at the end of each paper. They are great examples of content.

· Review the grading rubric before writing. Know what you are graded for. Always look at the “exemplary” section.

Notes:

· Please remove the text in red throughout the paper and replace with your information.

· Leave the text in black as it is. You are required to have a heading for each of the sections in your paper.

· Use APA format. Your will respond to each question using indented paragraphs in font Times New Roman, size 12.

· The references must be on a separate page at the end of the paper.

Operations, Technology, Management, and Ethics Plan

Operations Plan

Note: Remember to assign a dollar amount to each operational cost you find, as you will need these figures for financials document.

· Create the operations plan for your company using the template on page 214 as a guide; ex below (Operations Plan Preparation form).

· Per the textbook, you will have the following subheadings:

Key aspects of your operations (facility, production process, equipment, labor force utilization, etc.)

Cost and Time Efficiencies

Competitive Advantages

Problems Addressed and Overcome

· Use the hints provided in the description of the assignment.

Research and Development

· Describe your research and development activities and explain how they will contribute to your company.

Hint: How will you stay abreast of new developments in your industry? What new products do you have in development now, in addition to your flagship product?

Video to help answer this question:

Operations Plan

Technology Plan

Create a technology plan for your NAB company using the template in the text as a guide (p. 227 | Technology Plan Preparation Form; ex below). Extract appropriate information from the NAB Company portfolio, where applicable. Other required items in the template should be filled in using your personal preferences.

Per the template, you will discuss (use these subheadings):

Software needs

Hardware Needs

Telecommunication Needs

Personnel Needs (for technology)

Hints: Consider the type of technology your company will use to conduct the following activities: manage personnel; take, fulfill, and track orders; manage inventory; communicate with customers and provide customer service; and produce your beverage.

Video to help answer this question:

Technology Plan

Management & Organization

Management Plan

· Create a management plan for your NAB company using the template in the text as a guide (p. 248 | Management Plan Preparation Form; ex below). Extract appropriate information from the NAB Company portfolio, where applicable. Other required items in the template should be filled in using your personal preferences.

· Per the textbook you will have the following subheadings:

Key Management and Employees
(see example in the book)

Advisors

Management Structure and Style

Management Hierarchy

· Using the flow charts on p. 242 as a guide, outline your company’s management hierarchy. Flow chart below

·
You must include a chart or diagram in this section!!

Video to help answer this question:

Management and Organization Section

Ethics and Social Responsibility Plan

Corporate Citizenship

· Describe the ways in which your company is committed to being a good corporate citizen

Hints: Consider the following areas:

· Creating jobs

· Following the laws of every jurisdiction in which your company operates

· Fair and honest treatment of employees

· Non-discrimination of employees and increasing diversity of your work force

Hints: If your company is designed as a social venture—in which you have a primary purpose of achieving a social or environmental goal—describe what that goal is and what aspects of your company are designed to reach that goal. Provide a rationale for why you have or why you have not chosen this to be a social venture.

Environment Protection

· Discuss how your company’s activities will affect the environment and identify the steps you will take to mitigate any negative impacts.

Hints: As a beverage company, consider such issues as your choice of packaging, disposal of bottles / packages by consumers, and your use of resources, such as water in areas where water may be scarce. 

Health Issues

· Determine any health issues / claims related to the product you are making, whether negative or positive.

· Suggest the strategy your company will use to mitigate any negative issues, and to ensure any positive claims are true.

Video to help answer this question:

Ethics and Social Responsibility Plan

References

Be sure to cite all your sources. Use APA to format all the references. Wikipedia and other Websites do not quality as academic resources

Here are examples of references (please deleted and replace with yours)

Bezzina, C., & Testa, S. (2005, June). Establishing schools as professional learning communities: Perspective from Malta. European Journal of Teacher Education, 28(2), 141-150. Retrieved from Academic Search Complete database. doi: 10.1080/02619760500093156

DuFour, R. (2004, May). What is a “professional learning community”? Educational Leadership, 61(8), 6-11. Retrieved from http://pdonline.ascd.org/pd_online/secondary_reading/el200405_dufour.html

Greene, T. S. (2001, June). Schools as “learning organizations.” Available from ProQuest Dissertations and Theses database. (UMI No. AAI9994152)

Herbert, K. S., Murphy, K. M., Ramos, M. A., Vaden-Kiernan, M., & Buttram, J. L. (2006). SEDL’s Working systematically model: Final report. Southwest Educational Development Lab. Retrieved from http://www.sedl.org/cgi-bin/pdfexit.cgi?url=http://www.sedl.org/ws/pdfs/WS-final-report

Hord, S. M. (1997). Professional learning communities: What are they and why are they important? Issues . . . About Change, 6(1). Retrieved from http://www.sedl.org/change/issues/issues61.html)

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