27 Aug Project 3 BMGT 364 Project 3 Asia Division Business Unit Strategy Man
Project 3
BMGT 364 Project 3 Asia Division Business Unit Strategy Management Plan – Phase 3
Purpose
In this project, you will complete Phase 3 of the Asia Division Business Unit Strategy Management Plan. Drawing from the course material, you will
In this project, you will use the course material through week 7 and your research to complete Phase 3 of the Asia Division Business Unit Strategy Management Plan. In this project you will learn and apply concepts concerning human resources. You will also write an Executive Summary.
In answering the requirements, you will support the reasoning and conclusions made, which means you will explain ‘why and how’ rather than relying on making statements.
Skill Building:
You are also completing this project to help develop critical thinking and develop part of a management plan.
You will be required to research the cosmetic industry as a continuation of Project 1. Do not take the research lightly as you are required to do significant research to answer the requirements of the project.
Skills: Research, Critical Thinking, Write a Management Plan
Outcome Met by Completing This Assignment
- employ effective planning processes to develop strategies, goals, and objectives in order to enhance performance and sustainability
- organize human, physical, and financial resources for the effective and efficient attainment of organizational goals
- demonstrate leadership skills by communicating a shared vision, motivating and empowering others, and creating a culture of ethical decision-making and innovation
- develop measures and assess outcomes against plans and standards to improve organizational effectiveness
The new Executive Director for the new Asia Division, has been asked by Max Barney to put together, and present to him, a business unit strategy that will be a guide for the next year as the new division moves forward. The Executive Director will be working with the consulting group over the next 5 weeks and they will assist with putting together this plan to be laid out as follows and developed in three phases.
You have successfully complete Phase I and it is now time to complete Phase II. the second phase, Section I and Section VII will be completed.
Section I – Executive Summary
Section II – Goals and Objectives
Section III – Competitive Analysis
Section IV – Description of Organizational Structure and Culture
Section V – Breakdown of Product and Services
Section VI – Communications Plan
Section VII – Human Resources Plan
A Business Unit Strategy will provide the organization an opportunity to explain the goals and objectives of the new division and help with the development of the strategy to achieve them. The plan will allow the company to gain insight into the current status of the industry it is venturing into using internal and external analysis tools, and then use this analysis to design its division’s business environment. In addition, the plan will be used to form the team that will bring the vision for this division to reality.
Instructions for completing Phase III of the Business Unit Strategy
These two sections will finalize the Business Unit Strategy the group from GoTo has been assisting the Executive Director with, and should now be tied as a single document.
Incorporate all three phases into a single paper for deliver. You will need the Biotech Company Profile to complete the analysis.
Step 1: Human Resource Plan
A human resource plan will allow the director of the new Asia division to identify the future human resource needs for the organization. The director has asked the GoTo Consulting group to evaluate the product line identified and conduct market analysis to determine possible man power needs for the product manufacturing and overhead needs (to include all levels of management). The management levels should have been identified in the Description of Organizational Structure and Culture section of this strategy, but the resource needs in manufacturing will need to be considered. Remember the only person currently hired for the new facility is the Director so there will need to be Assistant Division Directors (ADD) for the other areas identified in the Structure such as Marketing, R&D, Sales, etc. Each of the ADD’s will need to have staff as well; you will need to identify how each ADD will be provided staff. Will they identify and interview themselves or will HR be a part of the hiring process. The Organizational Chart is also a part of the HR plan so ensure it is also placed in this section for reference.
Training is a key to retention in business today; employees like to feel they are important to the organization and investment in their competencies shows commitment to them. So, consider what the new division will need to do to ensure they are keeping the best talent they find.
Evaluations is another way organizations can show its commitment to employees. How will the new division conduct employee evaluations based on what is common in the area that the GoTo group identified? This will require a level of research in common HR practices in that region.
The group needs to remember that this is a brand new division that will be selling products that Biotech currently is not involved in so all aspects of business will need to be considered such as marketing, etc. Remember there is no perfect HR Plan, just plans that work and plans that do not. Good plans consider the employee and the culture around them just as important as the organization itself.
Step 2: Phase I and Phase II
- Tie all sections from Phase I – Phase III into a single document using the feedback from Phase 1 and Phase 2 to make updates. What this means is that you will:
- Physically combine the three documents;
- Integrate feedback given and updates you believe are necessary (you may not have feedback from Project at this point but you will have feedback for Project 1;
- Remove the introductions used for Project 1 and Project 2;
- Ensure there are smooth transitions from one section to another;
- Add any additional information or research that you have come across since writing Project 1.
Step 3: Executive Summary
The Executive Summary will be the first section of the paper but should be written last since it will highlight what is intended for discussion in the rest of the strategy. A good executive summary is compelling. It reveals the company’s mission statement, along with a short description of the products Biotech will provide at the launch of the new division. It is also necessary to briefly explain why Biotech is starting the new division and include details about Biotech’s experience related to the industry the company is entering.
Step 4: Review the Paper
Read the paper to ensure all required elements are present. Use the grading rubric to ensure that you gain the most points possible for this assignment.
Proofread the paper for spelling and grammatical issues, and third person writing.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.