PREPARED BY: MS. JAM A.

MAGALANG, MBE, LPT

25 MARCH 2021

Manifest understanding of starting and operating a simple business.

It is vital stage in business planning. This is the
process of executing a plan into practice.
Business implementation involves establishing
structures and activities needed to introduce a
business into the marketplace. Even on a start-
up or already well-established organization,
business implementation becomes the
responsibility of all the members of the
organization. Implementation is the process of
executing a plan or policy so that a concept
becomes a reality. Managers must implement a
plan properly, they should communicate concrete
goals and expectations, and supply employees
with resources needed to help the company
achieve its goals.
 IMPORTANCE OF BUSINESS IMPLEMENTATION

➤ CHANGE - The implementation of a plan brings about change

meant to help improve the company or solve a problem. The
changes can occur to policies, management structures, organizational
development, budgets, processes, products or services. Since the
status quo can be detrimental to a company, change can help improve
the work environment and/or the customer experience.
 IMPORTANCE OF BUSINESS IMPLEMENTATION

➤ ORGANIZATIONAL DEVELOPMENT - Part of good

organizational development involves all employees in implemented
changes. When a company shares its ideas and goals with workers,
the workers will feel sense of ownership and loyalty to the company,
as well as feel included in something important that is larger than
their respective job descriptions. Making workers feel valued also
helps maintain or improve employee retention. Communicating goals
to employees helps encourage participation and can give a plan a
strong start.
 IMPORTANCE OF BUSINESS IMPLEMENTATION

➤ INCREASE COOPERATION - When executed properly, business

implementation can increase interdepartmental cooperation. It can be
easy for a department within a business to work independently and
only rely on another department when a need arises, particularly in a
large company. Business implementation helps unite departments,
open the lines of communication, creates a diverse culture within the
organization and increases e
➤ The personal purpose of the entrepreneur is his or her personal mission. However, it
may also well be enterprise mission statement. As time passes, the enterprise begins
to have its own life, and may have a purpose separate from personal mission of the
entrepreneur.
➤ The enterprise must state its mission statement clearly for:
➤ The sake of the customers being wooed;
➤ The investors who need to know what they are getting into;
➤ The nanciers evaluating the enterprise; and
➤ The government functionaries who must regulate the activities of industries
and businesses.
fi

EXAMPLE: THE JOLLIBEE BUSINESS CONCEPT

- When Jollibee decided to challenge the giant
McDonald’s in the market, it brought the Filipino
taste to hamburgers.
- Jollibee observed in there market research that Filipino
consumers smelled their burgers before eating them.
- Logic: The nose can smell thousand aromas, while
tongue can only distinguish four smell.
- Their tag line, “Langhap sarap”
- Jollibee also came up with a child-friendly name and an
endearing mascot to accompany name.
- Strategically, Jollibee decided to locate two or three
outlet to surround Mcdonald’s. The rest
is history.

PURPOSE OF A BUSINESS PLAN

 PURPOSE OF A BUSINESS PLAN

➤ Entice
partners, investors, and bankers to fund a
business venture.
 ➤ BBQ Dreamz later rebranded and gave their
avor a new name called Bong Bong's Manila
Kanteen. They now operate at the Roof Fest
London on John Lewis and Partners Oxford
Street's rooftop.
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