Question
Present business plan to the rest of the management team. At the meeting to discuss your plan, you must: - Explain the purpose of a
- Present business plan to the rest of the management team.
- At the meeting to discuss your plan, you must:
- Explain the purpose of a business plan and its benefits.
- Introduce the plan including how the plan reflects the business's vision, mission, values and objectives.
- Provide an overview of the business plan, carefully explaining each part.
- Seek feedback on the plan, in particular; the actions indicated to achieve the strategic objectives, the performance indicators you are proposing and approval to procure the skilled labour.
- Provide the information in user-friendly terms, as not all of the management team are familiar with the business planning processes.
- Listen to the feedback provided by the management team (your assessor).
- Demonstrate effective communication skills including asking questions to elicit feedback from the management team, responding to questions from the management team and active listening.
- Submit presentation slides/note
- Following the meeting, incorporate the feedback received into the business plan and submit the final plan to the management team (your assessor).
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