Develop an action plan for your business that clearly documents how operational strategies will be developed, implemented, reviewed and updated as required Detail your operational targets and the criteria against which business success will be measured How will you conduct the relevant assessments The following things should be taken into consideration when developing the action plan and describing operational targets health and safety environmental concerns technology quality assurance innovation changing customer requirements stock control expenditure cost control wastage shrinkage control staffing compliance with technical, legal and ethical standards time, quality and cost control to meet customer expectations design, development and implementation of KRAs and KPIs use of innovative ideas continuing market research activities adjustments and improvements to plans, goals and objectives, over time 1,000 2,000word

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Question: Develop an action plan for your business that clearly documents how operational strategies will be developed, implemented, reviewed and updated as required. Detail your operational

Develop an action plan for your business that clearly documents how operational strategies will be developed, implemented, reviewed and updated as required.

Detail your operational targets and the criteria against which business success will be measured. How will you conduct the relevant assessments?

The following things should be taken into consideration when developing the action plan and describing operational targets:

health and safety
environmental concerns
technology
quality assurance
innovation
changing customer requirements
stock control
expenditure/ cost control
wastage/ shrinkage control
staffing
compliance with technical, legal and ethical standards
time, quality and cost control to meet customer expectations
design, development and implementation of KRAs and KPIs
use of innovative ideas
continuing market research activities
adjustments and improvements to plans, goals and objectives, over time

1,000-2,000word

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