Assessment Requirements for Case Study Project 1 1. You are the Operations Manager of The Righteous Bean. You have been asked by your Managing Director Mark Penfold to prepare and develop a business plan to create a new retail coffee store in Victoria (refer to the “Case Study” document) 2. Conduct a meeting with the Senior Management Team to consult input to determine the contents of the business plan 3. Use your research effort to write up the business plan using the document “The Righteous Bean Business Plan Template”. 4. Conduct meeting with the Senior Management Team to present the completed business plan and collect feedback for suggested revision, focusing on objectives, timeline, performance measures and resources to support plan. Addresses concerns including human resources and recruitment. 5. Create a summary of the finalised business plan outcome by email to the Managing Director with the updated business plan. Submission needed: Stage 1: Prepare to develop a business plan => NO action needed Stage 2: Meet with the Senior Management Team => submit “The meeting discussion scripts with the Senior Management” using the section “Assignment Comment” Discussion should include: · explain the purpose of a plan and its benefits · outline components to be included in the plan · outline your interpretation of the business’ vision, mission and values based on your evaluation of existing information and from discussion. · discuss proposed performance objectives &key performance indicators to assess achievement of the objectives. · listen to the feedback provided by the management team Stage 3: Write a Business Plan => submit the properly completed “The Righteous Bean Business Plan” Stage 4: Discussion of the Business Plan => submit “Meeting discussion scripts with the Senior Management to present the business plan and feedback for suggested changes – particularly about human resources and recruitment” using the section “Assignment Comments” Stage 5: Write a summary of outcomes => submit 1) a professionally written email to the Managing Director confirming their endorsement and suggested changes; summary of the updated business plan, including overview of the action plan and the staff involved 2) the updated Business Plan after discussion w
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