Develop and implement business plans - Samsung Australia

1. Identify the organisational and legislative frameworks which are relevant to the development of a business plan.

2. Review the market requirements for the organisation's products and service.

3. Identify and assess the business requirements, objectives, competitors and established plans.

4. In consultation with relevant stakeholders, develop the performance objectives and measures for the business plan.

5. Identify the financial, human and physical resource requirements for the business.

6. Develop the business plan, ensuring that it includes:

a. Description of the business b. Products and services c. Financial, physical and human resource requirements d. Regulatory requirements e. Marketing strategy f. Financial indicators g. Productivity and performance targets for key result areas

7. Communicate the business plan to all the relevant stakeholders.

8. Confirm that skilled labour is available to implement the plan.

9. Test the performance measurement systems, where required, refine these.

10. Prepare reports on the key aspects of the business.

11. As they occur, report system failures, product and service failures and variances to the business plan.

12. Analyse the performance reports against the planned objectives.

13. Review the performance indicators and, where required, refine these.

14. Identify under-performing staff, and provide coaching.

15. Establish ongoing review processes.