MANAGE OPERATIONAL PLAN BSBMGT515A Table of contents 1. Introduction (1) 2. Operational planning within The Iconic (2) 3. Components of operational plan (3) 4. Budgets (4) 5. Forecasts (5) 6. Environmental Scanning (6) 7. Key performance indicators (7) 8. Acquire Resources (8) 9. Monitor Operational Performance (9) 10. Monitor and review operational performance (10) 11. TOWs analysis on The Iconic (11) 12. Summary (12) 13. Reference list (13) Introduction (1) Planning means
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understand how organizations acquire‚ exploit and adjust their core capabilities in responding to complex circumstances. Many scholars refer to learning as a context-dependent process leading to the creation‚ storage‚ and further refinement of routines‚ competences and capabilities (Nelson and Winter‚ 1982; Teece et al. 1997; Prahalad and Hamel‚ 1990; Leonard-Barton‚ 1992). In this respect‚ learning is critical since (i) it represents the act to acquiring organizational knowledge‚ and (ii) capabilities
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Assessing one’s position on the cultural competence continuum is a task of ironic proportions. Because it is a fluid process‚ it is difficult to precisely place one’s self on a continuum that is not quite linear. It seems that as soon as one feels that they are becoming competent and embodying the characteristics of one who completely respects and accepts another culture‚ there is yet another dimension of this competence that requires assessment and adaptation. For the time being and that being
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provided‚ professionals have an idea of what the best course of action is. The professional could also do some research to get more information on their area of interest. Competence has been emphasized because in professional practice so that professionals practice the standards in the ethical codes. The emphasis on competence has been intended to help psychologists and counselors define the meaning of competent practice and research of various groups (Kitchener & Anderson‚ 2010). The first competency
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Manage Operational Plan Assessment Activity 1 Describe the purpose of the operational plan and describe its relationship to the strategic plan. An operational plan is an organisational planning document derived from the strategic plan. The strategic plan provides a high-level outline of the organisation’s mission‚ general direction and broad goals and the operational plan is a detailed document that outlines how the organisation’s strategic goals will be achieved in practice. The operational
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Building a Operational Motivational Plan What is an operational motivational plan? Many may argue that creating a motivational plan is strictly for the good of the employees and their needs. Well‚ while a motivational plan does benefit the employees‚ Collard (2002) suggests‚ "the ultimate goal of the motivational plan is to improve the equity value of the company”. The motivation plan then obviously benefits both the corporation and the employee when it accomplishes the goal that is was intended
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The United States is gradually becoming more diverse‚ racially and ethnically (Delphin-Rittmon‚ Andres-Hyman‚ Flanagan‚ & Davidson‚ 2013; Douglas‚ Rosenkoetter‚ Pacquiao‚ Callister‚ Hattar-Pollara‚ Lauderdale‚ Milstead‚ Nardi‚ & Purnell‚ 2014; Loftin‚ Hartin‚ Branson‚ & Reyes‚ 2013). However‚ multiple studies indicate there is a severe lack of health care available to care for this patient population. Inadequate access to healthcare‚ decrease quality of care‚ and poor outcomes for individuals with
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The Importance of Continuing Competence for Nurses Nursing is a self-regulating profession where nurses set their own standards of practice “based on research and clinical evidence” (College of Registered Nurses of British Columbia [CRNBC]‚ 2013)‚ and ensures that patients receive the highest quality care possible (CRNBC‚ 2013). All nurses are required to meet The College of Registered Nurses of British Columbia’s (CRNBC) annual Continuing Competence Requirements as an indicator to the public that
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Classical and Operational Conditioning Classical conditioning is a technique often used by marketers. It is essentially a process of behaviour adjustment by which a person comes to respond in a desired manner to a stimulus that was formerly neutral to them but that has now been repeatedly presented along with an unconditioned stimulus that obtains a desired response for the marketer. For example‚ the Pharmacy Boots has affiliated the song ‘here come the girls’ with their stores by playing it
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Article : Multicultural Competence by Paul Kivel Cultural competence is to understand another culture well enough to be able to communicate and work with them. This article talks about cultural competency and how it is important to have cultural competence to be able to help people of minority groups and become allies with them. Learning to be open and sensitive to other cultural expression takes lot of time. In addition‚ for those who are able culturally competence in their own culture along with
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