...Business Planning Seminar - Abstract This is an abstract of a seminar created by Kim Dolman on the topic of business planning. The scope of the seminar covers the purpose of business planning, the structure of business plans and gives some examples of quality plan content. It explains the part that business plans play in the lifecycle of an organisation and shows how they can be used to add value to a business rather than gather dust. It also covers the business context and the need for regular review and refresh. This seminar is designed to answer questions such as: What does a business plan look like? Why does it contain? Who reads it? Why do I need more paperwork? In the seminar Kim takes business planning out of the academic arena to show how plans perform as a crucial business tool. He explains, using real-life examples, the difference between a business proposition evaluation and a business plan, and the application of planning for product-oriented and service-oriented businesses. The seminar describes the key characteristics of a quality business plan. It covers strategy, service offering, legal aspects, marketing, technology, operations, resource analysis, cashflow forecasting, finance and action planning. A business plan can be used for any or all of the following purposes: Hone the service offering Refine the business model Establish the preferred route to market Mobilise resources Communicate an action plan Secure funding The seminar shows...
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...Business Planning Levels Business planning is multi-level, cyclical and overlapping. Managers must be able to operate at all levels. btw, You can apply this methodology to everything in life. Not just the business world, but in your own personal environment as well. Strategic Planning – This is the highest level and usually done by senior management. The decisions on the objectives, committing resources such as money, time, and people in general is done here. Examples: In business, it means how much money is going to be dedicated to a project, and by when you expect the project complete. In personal life, suppose you plan a wedding, it means deciding on the budget and the date. Tactical Planning – This is the implementation of the strategic plan stage. Combining your available resources, look at obstacles, review alternatives Examples: In business, it means an analysis of resource combination, planning for obstacles, and general timetable. In personal life, for the wedding, it means, finding the place, developing a guest list, deciding on a menu and music. Operational Planning – This is a much more detailed level of strategic and tactical plan. Here, managers chosen to work the plan develop a specific plan to execute the strategic plan. Examples: In business, it means engaging the team, develop and answer the who, what, when, where, how management questions. In personal life, for the wedding, it means, choosing the band, finding the caterer, decide...
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...workforce planning and how is it related to strategic business planning? What are some critical inputs for forecasting? What sorts of decisions do organizations make as a result of a workforce analysis? Strategic business planning outlines the long range perspective of the business, and sets the primary objectives and goals for the company. It directly feeds into operational planning, which defines the organizational strategies and the resources required to accomplish the long range goals. With the help of the operational planning, managers identify which parts of the business they need to hire new talent and plan for budget requirements. Workforce planning uses the feedback from strategic planning to identify business needs and assess the internal supply’s capability to meet those needs. Based on this information and the operational planning feedback, staffing levels are determined, and net workforce requirements are computed. Using this assessment along with the budgeting figures from various managers, the human resources authorizes staffing requirements, implements necessary internal talent moves (via promotions and transfer), and recruits new staff members. These action plans also include potential revisions to compensation and benefit plans in the company. In our workplace, we follow a very similar approach in assessing general business growth. However, I am working in a relatively new sub-area in our company, and we are more flexible in our resource planning. We can...
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...Audit of Business Continuity Planning (BCP) Final Audit Report Audit and Evaluation Branch June 2006 Tabled and approved by DAEC on January 9, 2007 Audit of Business Continuity Planning (BCP) Industry Canada (IC) TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY .............................................................................................. 2 1.1 INTRODUCTION ................................................................................................................ 2 1.2 OVERALL ASSESSMENT.................................................................................................... 2 1.3 MAIN FINDINGS, CONCLUSIONS AND RECOMMENDATIONS ............................................. 2 1.3.1 Business Continuity Plan Governance (See Section 3.1 of the BCP Standard) ......... 2 1.3.2 Business Impact Analysis (See Section 3.2 of the BCP Standard).............................. 3 1.3.3 Business Continuity Action Plans and Arrangements (See Section 3.3) .................... 4 1.3.4 BCP Program Readiness (See Section 3.4 of the BCP Standard) .............................. 5 1.3.5 BCP Training and Awareness (See Section 3.4 of the BCP Standard) ...................... 5 2.0 INTRODUCTION............................................................................................................. 7 2.1 BACKGROUND .................................................................................................................. 7 2...
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...1 Challenges We Face in FM by John Vinken, IFMA Toronto President Vinken’s Views - President’s Message Spring has sprung in Southern Ontario and my mind races onward with ideas that I want to implement both at work and home. And what a better way to explore these ideas and develop some structure around them, than by hiring a person that is motivated, energetic, and able to acquire current knowledge easily. Yeah I know you are asking “Where do I get in line for someone like that?” Well what I have just described is a co-op student. I have my usual 2 co-op students already reserved and they will be starting in 3 weeks time. And let me tell you my whiteboard is filling with initiatives and ideas for these two to deal with. And with two facility management related college programs in the area (at Humber College and at Conestoga Collage) there are co-op students looking for jobs in the facility management field. If you want the contact information use the membership CD just sent to you and on the opening page are the hyperlinks for both of these institutions. This is the third year that IFMA Toronto has produced the membership CD rather than published a membership roster. There are, of course, issues with this year’s CD as there have been with every membership roster created in history I believe. Some of the problems are related to getting updated information about member. As an example when people renew their membership and if it is tardy the membership listing we acquire...
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...Controlling Sustainability is important to every company to continue their business. Samsung Electronics has established a lot of methods since in order to maintain accomplishment in the electronics industry in this technology competition era. Commitment to Human Resources “A Company is Its People”, was one of the management philosophies of the late founding Chairman Byung-Chull Lee. Attracting and developing the best people is an advantageous position for Samsung in an era of technology competition by recruiting highest-quality personal from all around the world regardless of nationality. To make it effective Samsung provides early career-development programs for individuals who have talent and heed ability. Green Management Samsung Electronics is carry out green management practices by analyzing the impact make on the environment and accessing management risks related with those impacts. The strategies they take in green management are Green buildings, Eco-Products, chemical management in their products, take back and recycling, waste management, Green purchasing to promote purchasing of eco-friendly products, Green Communication and etcetera. To ensure the strategies are applied, the company had built a min-term target named Eco-Management 2013. Achieve 50% in lowering greenhouse gas emissions relative to sales from year 2008, and designing all products as Eco-Products, are the main objectives to achieve target. Creative Organizational Culture Employees play important...
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...to plan the tasks to be accomplished and the order in which to proceed. What is information security governance? Governance is “the set of responsibilities and practices exercised by the board and executive management with the goal of providing strategic direction, ensuring that objectives are achieved, ascertaining that risks are managed appropriately and verifying that the enterprise’s resources are used responsibly.”1 Governance describes the entire process of governing, or controlling, the processes used by a group to accomplish some objective. Just like governments, corporations and other organizations have guiding documents—corporate charters or partnership agreements—as well as appointed or elected leaders or officers, and planning and operating procedures. These elements in combination provide corporate governance. Each operating unit within an organization also has controlling customs, processes, committees, and practices. The information security group’s leadership monitors and manages all of the organizational structures and processes that safeguard information. Information security governance, then, is the application of the principles of corporate governance—that is,...
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...As a newly hired consultant, I have been tasked with the duties of creating and presenting a risk management and business contingency plan for my first client, ORAZON Corporation. ORAZON Corporation operates retail clothing stores worldwide and sells clothing on the web. A. A risk is the likelihood of something undesirable happening at a given time (Merna, 2008). Risk management is a two-step process ̶ identifying what risks exist and then handling them in the way best-suited to the business objectives (Investopedia, 2012 at).ORAZON is a well-known corporation that started in 1930. From a company that opened the first clothing website and sold the first shoes and clothes on the World Wide Web, the corporation is recognized globally. ORAZON also hosted its website in Ghana, a country located on the west coast of Africa. ORAZON has customers worldwide that buy its clothing on the website. ORAZON ships its products to customers from almost every country in the world on a daily basis. Like any other business, many risks must be considered. Below is a risk register that shows eight risks currently facing ORAZON. 1. Risk one is power outage Description:| ORAZON Corporation hosts its website from Ghana. Ghana is a country situated on the West African coast. Ghana has a history of a constant power outage because Ghana is a poor country that does not have money to update its electrical grids. ORAZON Corporation needs electrical power to host its website. The company also needs...
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...[pic] Disaster Planning, Emergency Preparedness & Business Continuity I. Introduction: The Plan About this Document 1 What a Disaster Plan Is and Why You Should Do One 2 Possible Disasters 4 Assign a Team—You Can’t Create a Plan Alone 6 II. Analyze & Know Your Organization Determine Your Critical Services & Functions 8 Where is Your Information Stored? 10 Computers & Technology 15 Know Your Physical Plant 18 III. Risk Analysis 19 IV. Business Impact Analysis 20 V. Implement the Resources 21 VI. Test the Plan 22 VII. Insurance 23 VIII. Personnel Policies & Crisis Communications 25 IX. Advice from the Red Cross 28 X. Emergency Planning Checklist 30 XI. Resources 33 I. Introduction: The Plan About This Document This document explains the points an organization needs to think about in order to prepare its own disaster recovery plan so that, should an interruption occur, it is able to resume operations. To complete its plan, staff members will have to search for answers and fill in the blanks. Each organization’s circumstances and structures are unique, so a plan will have to be tailored to suit its needs. It is important to recognize that there is no “magic” plan that an organization can purchase that will provide all the answers or that will create a plan for them. There is no document that will address every situation and circumstance. Conceivably an organization could share...
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...Executive Summary Kudler Fine Foods was first established in 1998 with an objective strongly focused on providing its clients the opportunity to buy fresh ingredients used to make delicious cuisines. Since then, Kathy Kudler (founder) has opened two more locations to satisfy her target market’s thirst for her product(s). Although this small business expansion has increased the customer base and or revenue pursued by its owner, the induction of additional services provided has also slightly altered the projected operations plan and or business plan. Kudler Fine Food’s mission states that it will “provide its customers with the finest selected foodstuffs, wines, and related needs in an unparalleled consumer environment“(Apollo Group, 2008). In order for Kudler to meet the needs of the consumer at all times, administration has proposed a review of the companies operations and or communication plan(s) be reviewed for contingency of any unforeseen threats to daily operations. Scope To assist the company in their daily functions, Kudler Fine Foods stores information used to determine market conditions, customer demographics, individual store sales, employee demographics, payroll, administrative functions, and other human resource related information. A post review of Kudler’s fixed operations reveals the company is currently unprepared for any and all potential threats that may halt daily operations for an over-extended period. Potential threats that Kudler may face are: breach and...
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...436_XSS_FM.qxd 4/20/07 1:18 PM Page ii 443_Disaster_Rec_FM.qxd 5/25/07 3:07 PM Page i Visit us at w w w. s y n g r e s s . c o m Syngress is committed to publishing high-quality books for IT Professionals and delivering those books in media and formats that fit the demands of our customers. We are also committed to extending the utility of the book you purchase via additional materials available from our Web site. SOLUTIONS WEB SITE To register your book, visit www.syngress.com/solutions. Once registered, you can access our solutions@syngress.com Web pages. There you may find an assortment of valueadded features such as free e-books related to the topic of this book, URLs of related Web sites, FAQs from the book, corrections, and any updates from the author(s). ULTIMATE CDs Our Ultimate CD product line offers our readers budget-conscious compilations of some of our best-selling backlist titles in Adobe PDF form. These CDs are the perfect way to extend your reference library on key topics pertaining to your area of expertise, including Cisco Engineering, Microsoft Windows System Administration, CyberCrime Investigation, Open Source Security, and Firewall Configuration, to name a few. DOWNLOADABLE E-BOOKS For readers who can’t wait for hard copy, we offer most of our titles in downloadable Adobe PDF form. These e-books are often available weeks before hard copies, and are priced affordably. SYNGRESS OUTLET Our outlet store at syngress...
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...Goals and Objectives 5 Success Criteria 5 Project Context 5 Project Deliverables 6 Scope Specifications 6 Out-of-Scope Specifications 6 Assumptions 7 Constraints 7 Risks 7 Stakeholders 7 Recommended Project Approach 7 Cost Matrix 8 Security/Maintenance Plan 9 Introduction and Background 9 Budget 10 Roles and Responsibilities 10 System Administrator 10 Help Desk IT 11 Office Manager 11 Financial manager 11 Supervisors 12 Receptionist 12 Performance Measures and Reporting 12 Printers 12 Phones 13 Work stations and laptops 13 Serves 13 Routers and Switches 13 Software 14 Card Access System 14 Governance and Management/Security Approach 14 Customer/Business Owner Management and security 14 Standard Operations and Business Practices 14 Security 14 Data Sharing 15 Data Storage 16 Tools used for change control management 16 Problem reporting 16 Risk identification 16 Disaster Recovery 16 Documentation Strategies 16 Training 16 Security 17 Roles and Responsibilities 17 Network 19 Acceptance 20 Training Plan 20 Introduction 20 Scope 20 Training Approach 21 Curriculum 22 Evaluation 23 Testing Document 24 Test Set 1: Fault Tolerance 24 Test 1: Basic Failover 24 Test Set 2: Recovery 25 Test 2.1: Manual Recovery to a Second Machine 25 Test Set 3: Exception Handling 26 Test 3.1 Out-of-Order Startup Sequence 26 Test 3.2 Test Death of Naming...
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...with 7 high-level principles on business continuity and was issued to various financial industry participants as guidelines. The 7 principles provide a comprehensive overview of the necessary steps for business continuity planning. Financial industry participants are required to develop respective business continuity planning in accordance to the 7 high-level principles. There are various incidents within the last decade that has resulted in major operational disruption to financial industry. However, with the guidance of the 7 high-level principles, most of the participants were able to cope with crisis well and survive through the crisis. In this report, several case studies were researched and commented on their business continuity planning. Subprime crisis which caused the collapse of Lehman Brothers has caused a significant stir in the financial industry. Many counterparties ended up with huge exposure and default due to the fall of Lehman Brothers. However, Euroclear was able to manage the crisis well after it activated its crisis management plan which has been developed before the crisis. Similarly, terrorist’s attack on New York World Trade Center has not only caused major security issues but has also significantly affecting the financial industry. Bank of America and Deutsche Bank were the direct victims of the terrorist attack. Both banks remained sound operation and survived through the crisis due to well business continuity planning. Besides, Hurricane Gustav that...
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...IS 3110 Business Continuity Plan Contents 1.0 | About this Plan | Page No | 1.1 | Document Control | | 1.2 | Plan Purpose | | 1.3 | Plan Remit | | 1.4 | Plan Owner | | 1.5 | Plan Distribution | | 1.6 | Plan Storage | | 1.7 | Plan Review Date | | 1.8 | Plan Exercise/Testing | | 2.0 | Plan Activation | | 2.1 | Circumstances | | 2.2 | Responsibility for Activation | | 2.3 | Process for Activation | | 3.0 | Incident Management | | 3.1 | Purpose of the Incident Management Phase | | 3.2 | Actions to Protect the Safety of Staff, Visitors and members of the Public | | 3.3 | Communication Actions | | 3.4 | Actions to Support Business Continuity | | 3.5 | Actions to Support Recovery and Resumption | | 3.6 | Communicating with staff | | 4.0 | Business Continuity | | 4.1 | Purpose of the Business Continuity Phase | | 4.2 | Critical Activities | | 4.3 | Non Critical Activities | | 4.4 | Business Continuity Actions | | 5.0 | Resumption and Recovery | | 5.1 | Purpose of the Recovery and Resumption Phase | | 5.2 | Recovery and Resumption Actions | | 6.0 | Appendices | | | [Additional information can be added as needed through meeting with stakeholders] | | | | | | | | | | | 1.0 About this Plan 1.1 Document Control Date | Revision/Amendment Details & Reason | Author | | | | | | | | | | | | | 1.2 Plan Purpose The...
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...Business Solutions.com Richman Investments Rel 1, Ver.0 8/11/2012 Richman Investments Business Continuity Plan By Emergency notification contacts Name | Address | Home | Mobile phone | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Date | Summary of changes made | Changes made by (Name) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Revisions control page Purpose The purpose of this business continuity plan is to prepare Richman Investments in the event of extended service outage caused by factors beyond our control (natural disasters, man-made events), and to restore services to the company in a minimum time frame. All Richman Investments sites are expected to implement preventive measures whenever possible to minimize operational disruptions and to recover as rapidly as possible when an accident occurs. The plan identifies vulnerabilities and recommends necessary measures to prevent extended communication service outages. It is a plan that encompasses all Richman Investments system sites and operations facilities. Scope The scope of this plan is limited to disaster recovery. This is a business continuity plan, not a daily problem resolution procedures document. Plan objectives * Serves as a guide line for Richman Investments...
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