Operations, Technology, Management, and Social Responsibility Plan
Create an operations plan for your selected company expanding on each of these topics, including any applicable costs: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/Description of business operations.Describe the production process (how you will produce the product) or describe how your business will operate if this is a retail or service company.Identify the equipment, furniture, vehicles, etc., you will use and the associated costs.Explain your approach to quality control.Explain your approach to inventory, as applicable.Personnel NeedsSpecify the number of employees you plan to have, including managers.Identify their roles, wages, and salary.Technology Section Refer to it on an as-needed basis as you work on this section of your business plan.Assign a dollar amount to each technology cost you find; you will need these figures for your financials (Company Financials Excel Template).Consider the type of technology your selected company will use to conduct activities, such as managing personnel; taking, fulfilling, and tracking orders; managing inventory; communicating with customers and providing customer service; and producing your product or providing your service.InstructionsCreate a technology plan for your selected company expanding on each of these topics, including any applicable costs:Software Needs.Examples of software you might need include graphics, customer relationship management, accounting, inventory, and office suite.Management and Organization SectionsThe chapter also provides a sample management and organization plan.Be sure to include the salary costs associated with the management personnel; you will need these figures for your financials (Company Financials Excel Template).InstructionsCreate a Management and Organization plan for your selected company expanding on each of these topics, including any applicable costs:Key Management Employees.List key management team members, provide a brief description of each person’s background (experience, skills, certifications, etc.) and job responsibilities, and include their salary.Justify your selections.Explain how each manager can make a difference in your business.Management Hierarchy.Import/include all charts or diagrams into the MS Word document.Social ResponsibilitiesInstructionsCreate a social responsibility plan for your selected company expanding on each of these topics:Impact on Stakeholders.Describe the ways your chosen company will impact stakeholders, such as employees, customers, suppliers, and the community. This is the people section of the triple bottom line.Customers.Employees.Community.Suppliers (as applicable)Examples:What types of benefits (such as health care, flexible work hours, and opportunities for advancement and education) will your company offer employees?What types of opportunities (such as classes, sponsored events, and assistance to causes and charities) will your company offer the community?Environmental Impact.Explain your approach to minimizing your company’s impact on the environment, considering all aspects of your operations.