IT Shoes Business Plan PowerPoint Presentation Example | Topics and Well Written Essays - 1750 words

IT Shoes Business Plan - PowerPoint Presentation Example The present research has identified that IT Shoes business is as well popularly known for supplying high quality materials which is used to manufacture high quality shoes. The company’s shoes sizes ranges from 5 to 10. The IT Shoes company long term plan is to become the world leader in the supply of ladies shoes. The company current popularity and increased sales and profitability is to a great extent brought about by its reputation in offering convenient means of selling its shoes to local customers. Therefore, to become the world leaders in the contemporary multifaceted global market, the company ought to have an effective business plan which incorporates views and options of all players. Moreover, based on the available financial statistics, the business requires some external financial assistance to facilitate its long term development plan. Moreover, the level of the company market competition is relatively low compared to other global markets. The subsequent essay there fore offers and effective IT shoes business. The IT Shoes business intends to be the world leaders in ladies shoes. The company also intends to develop a good reputation in providing convenient means of selling goods through all marketing means including online marketing. Moreover, to effectively compete in modern market, the organisation ought to develop a good reputation for reliable delivery in local and international market. The organisation as well has a vision of becoming overall shoes dealers in European market. Products The company long term plan is to be in a position of providing convenient, trustworthy, and safe means of selling its products in local and global markets. A part from its current variety, the IT Shoes Company also plans to increase its variety by including other several emerging types of shoes. In the next five years, the IT Shoes Company is therefore planning to increase the variety of fashionable shoes, widen the variety of its shoes styles and colours, in crease the quality of shoes which is used to manufactures shoes, as well as selling half size shoes (Reuters 26). Expected Annual Sales and Profit for the year Sales $ 500,000 Expenses $ 450000 Profit $ 50000 Form of Payment IT Shoes business is planning to avail all forms of payment including EFTPOS and cash. The aim of this plan is to enable the company’s customers to purchase their products in large quantity at any time. On the other hand, the company is planning to ensure that, it fully abides by the existing regulations in their plans to introduce new payment mechanisms. At present, the IT Shoes Company relies on several forms of payments including cheques, money orders, master cards and visa. Key Partners The main aims of the involvement of partners in the business plan is to enable the company reduce its operation cost and increased the general profitability. Being the main targeted market areas, IT Shoes company key partners are night clubs and bars. Night clubs and b ars help the IT Shoes business to effectively market its products to its potential customers. On the other hand, vending machine providers are also the major partners of the company. In its plan, IT Shoes plans to distribute readymade products to its products to new markets areas. Value Proposition and Customer Relationship At present, the IT Shoes Company has successfully identified the existing value addiction gap in shoes industry. In its operations and marketing strategy, the IT Shoes Co

Ways to improve the value of employees work contribution Essay

Ways to improve the value of employees work contribution - Essay Example The firm that is analyzed in the paper is the Upper Room Soup Kitchen as one of the long serving soup kitchens in Prince Edward Island in Canada serving to the need of the needy and hungry people in the area. During a two weeks voluntary work in the soup kitchen, as a management student I realized that the value the employees added to operations of the business and towards meeting the goals of the Soup Kitchen in serving the needs of the hungry in Prince Edward Island were constrained. This is despite the fact that most of the employees in the Soup kitchen were volunteers even though there was other long term paid employees. Notably, the food donation system was in disarray with the records of food donations received not properly managed. In addition, though there were quite a considerable amount of food donations received in a week, at times the soup kitchen would record shortages in key foods required, while have excesses of some other. Some of these foods that were not usually use d stayed in the storage for too long and when they went bad, they would be discarded. This brought a point that indeed not only were employees’ contribution for effective running up of the place low, but also was the food donation and recording system lacking. After learning about SSM method which is a means through which problems can be holistically resolved, the researcher thought of Upper Room Soup Kitchen’s problems and decided to develop solutions based on this SSM model that would help the manager of the soup kitchen ensure smoother running. The expressed problem situation With the above problem situation, phone interviews were conducted with five soup kitchen employees from various departments and the manger of the soup kitchen to get a grasp on the problem. The Upper Room soup Kitchen whose goal is to meet some food needs of the hungry people in Prince Edward Island through provision of low fat high nutrition healthy meals to this population is faced not only w ith low employee contribution in meeting its goals but also inefficiencies in the management of its food donation system. Markos and Sridevi (2010:91) indeed asserts that for value of employee contribution in an organization to be improved, the employees’ activities and goals need be aligned the organizations goals. Though the employees in the soup kitchen perform their daily duties well, a sense of laxity in the organization has made inefficient several systems that are core to the organization meeting its goals. For instance, the employees in charge of communicating the food needs of the organization to various stakeholders in order to align the food needs of the soup kitchen to those that are received have experienced some problems in that some of