Business Plan
BUS3011
U02A1
Project Goals and Activities Reflection
PATRICK BLESSINGER
08/31/2014
Reflecting back on the process of developing a business model for the Atha Corporation, I feel that I had a good plan and understanding of the process. Having to go through a similar process myself at a point in my career made me value and retain the knowledge I have shared, and this paper is going to briefly describe the goals set by the two departments, justification for those goals, why planning strategically is so important, and a little research that was involved.
Human Resources
Retaining existing employees is one of the goals listed in the SAW; the first activity is to offer the existing employees growth opportunities with the chance to relocate. A two year rotational assignment whether domestic or abroad jumpstart the enthusiasm and grow the skill set of an employee. Opportunities for growth and development help employees expand their knowledge, skills, and abilities, and apply the competencies they have gained to new situations. A proposal of continuing education courses, tuition reimbursement, career development, counseling services, skills training provided in-house or through outside training centers offers opportunities for promotion and internal career advancement. The opportunity to gain new skills and experiences can increase employee motivation and job satisfaction and help workers more effectively manage job stress. This can translate into positive gains for the organization by enhancing organizational effectiveness and improving work quality, as well as by helping the organization attract and retain top-quality employees.
Plans are documents that outline how goals are going are to be met. They usually include “resource allocations, budgets, schedules, and other necessary actions to accomplish the goals. As managers plan, they develop both goals and plans” (Robbins, DeCenzo, & Coulter, 2013).
Accounting and
U02A1
Project Goals and Activities Reflection
PATRICK BLESSINGER
08/31/2014
Reflecting back on the process of developing a business model for the Atha Corporation, I feel that I had a good plan and understanding of the process. Having to go through a similar process myself at a point in my career made me value and retain the knowledge I have shared, and this paper is going to briefly describe the goals set by the two departments, justification for those goals, why planning strategically is so important, and a little research that was involved.
Human Resources
Retaining existing employees is one of the goals listed in the SAW; the first activity is to offer the existing employees growth opportunities with the chance to relocate. A two year rotational assignment whether domestic or abroad jumpstart the enthusiasm and grow the skill set of an employee. Opportunities for growth and development help employees expand their knowledge, skills, and abilities, and apply the competencies they have gained to new situations. A proposal of continuing education courses, tuition reimbursement, career development, counseling services, skills training provided in-house or through outside training centers offers opportunities for promotion and internal career advancement. The opportunity to gain new skills and experiences can increase employee motivation and job satisfaction and help workers more effectively manage job stress. This can translate into positive gains for the organization by enhancing organizational effectiveness and improving work quality, as well as by helping the organization attract and retain top-quality employees.
Plans are documents that outline how goals are going are to be met. They usually include “resource allocations, budgets, schedules, and other necessary actions to accomplish the goals. As managers plan, they develop both goals and plans” (Robbins, DeCenzo, & Coulter, 2013).
Accounting and
References: Amy R. Hurd, A. R., Barcelona R. J., and Meldrum, J. T., (2011). Recreation Managers can Use Rewards to Improve Employee Motivation, Retention, (accessed August 26th, 2014) via http://www.humankinetics.com/excerpts/excerpts/recreation-managers-can-use-rewards-to-improve-employee-motivation-retention Robbins, S. P., DeCenzo, D. A., & Coulter, M. (2013). Fundamentals of Management (8th ed.). Upper Saddle River, NJ: Pearson. (Original work published 2004) ).