IMPLEMENT FINANCIAL MANAGEMENT APPROACHES

ROLE PLAY

Team member: hello sir

Management: Hello

TEAM MEMBER: Sir we have allocate a budget and provide good training to the staff to meet the
goal of the organisation.

Management: SO, what will be your important focus?

Team member: Our important focus will be budget and hire good employee with expert teacher to
guide them properly?

Management: SO how much budget we need to allocate?

Team member: around 50000$

Management: Sorry our company can’t afford to pay 50000$

Team member: Please you have to allocate it for the sake of the company

Management: ok then management will discuss about this in the meeting.

Team member: We will give 100% effort to our work for that the company need to hire best
employee with new technology

Management: thank you so much for your dedication towards your work we will try to meet your
expectation and the employee has to meet the company expectation too.

Team member: We will give our best

Management: If the company achieve its target in a short period of time then we will provide bonus
to the employee.

Team member: Thank you sir, really appreciate it.

Coaching plan/training plan

Skill area or SMART TARGET TASKS/STRATEGIE Date reviewed progress

Focus S TO ACHIEVE
TARGET
Use of software TO restore all the Install best 2/2/15 40%
 data in a software in the
software town
Hire best Take proper Provide proper 2/3/15 30%
employee interview and training
reviewed each
application
properly
Allocate proper To reach the goal Convince the 2/4/15 45%
budget in a short period management
of time
Technology Install latest Find the latest 4/4/15 55%
technology technology and
hire best
technician