BUS599 Strategic Management Operations

BUS599 Strategic Management Operations

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BUS599 Strategic Management Operations

Operations Attachment

Before working on this discussion post, review the appropriate guidelines for your selected company:

Snack Food Company Guidelines [DOCX].

If you are focusing on the snack food company, use the information contained in the guidelines first. Then add to the information according to your specific product.

Company of Your Choice Guidelines [DOCX].

This Week’s Discussion Post

For this week’s discussion, please respond to the following:

Describe how your business operations will work. In other words, you want to explain the day-to-day flow of  activities necessary to deliver your product or service to customers. Wherever applicable, identify costs. Be sure to address the following, if applicable to your chosen business, in the post:

Facilities.

Describe the facility, including its location.

Specify whether it is rented or owned; include any associated costs.

Estimate the cost of utilities, such as water/sewer, gas, electricity, and trash removal.

Production Process.

Describe the production process (how you will  produce the product) or describe how your business will operate if retail or service company.

Identify the equipment you will use and associated costs.

Describe the capacity to produce the product.

Explain your approach to quality control.

Explain your approach to inventory, as applicable.

Where do your supplies come from?

What is your turnaround time to produce your product once you have received an order?

Research and Development.

Explain how you will stay abreast of new industry developments.

Describe the new products or services that are in development.

Personnel Needs in Operations.

Specify the number of operations employees you plan to have.

Describe their roles.

Post at least one substantive comment to another student’s post.

Notes

Textbook Chapter 11, “Operations,” pages 195–224, provides examples, worksheets, and a sample operations plan.

You will be using the information from this discussion post and the feedback you receive in your Week 8 assignment, Operations, Technology, Management, and Social Responsibility Plan (With Financials), to complete the Operations section of your business plan.

Note:

With your response, include a brief description of your company: name, what business you are in, and the products or services you offer for sale.

 

BUS599 Strategic Management

Week 6 Discussion

The Triple Bottom Line Attachment

The concept behind the triple bottom line is that companies are responsible to all their stakeholders. This includes everyone involved with the company, whether directly or indirectly. It also includes the planet on which we all live. This approach views shareholders as very important stakeholders. This approach also recognizes the need for companies to consider other important stakeholders in the company, including employees, customers, vendors, and the larger community.

Before writing this week’s discussion posting, review this MindTools article, “The Triple Bottom Line: Measuring Your Organization’s Wider Impact,” for more details on the triple bottom line.

This Week’s Discussion Post

For this week’s discussion, please respond to the following:

How would you implement the triple bottom line (people, planet, profit) concept at your chosen company, whether you are using the snack food company scenario or the company of your choice?

Keep the following format in mind as you complete this week’s discussion:

Profit: When looking at profit from this theory’s perspective, the idea is that profits will help empower and sustain the community as a whole. Profits are more than just a benefit for shareholders. Briefly explain your approach.

People: Describe your approach to caring about suppliers, customers, employees, and the community. For example, one way to care about employees is to provide a good working environment, training and development opportunities, and health care.

Planet: Explain your approach to minimizing your company’s impact on the environment. For example, your company might develop a process to minimize waste or reduce energy usage, such as using recycled materials in its production process.

Post at least one substantive comment to another student’s post.

Notes

Textbook Chapter 14, “Social Responsibility & Sustainability,” pages 259–270, provides additional detail on this topic.

You will use the information from this discussion post and the feedback you receive in the Social Responsibility section of your Week 8 assignment, Operations, Technology, Management, and Social Responsibility Plan (With Financials).

Note: