Professional Documents
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Action plan
Conduct the following two assessments to identify the current level of maturity of your organization's performance
•management
Strategic
Performance
system:
Planning Maturity
Audit Unit, Assessment*
powered by The KPI
Institute • Strategic Planning Maturity Assessment*
Based on the findings of the assessment, complete the template below of an action plan. The number of sections
included in the template below is just for reference. Feel free to add any sections that you may need to complete a full
action plan to improve your performance management system.
1 Manage the cost of production and provide the loyal customer's discounts,
rebets, seasonal sales or sale on specific branchs.
The Finance Department need to analyse the current business market's
trends, customer demands, previous financial strategic plannins to create
new stretegies which will bring more revenues and enhance the business
profits.
2
Issue/needs addressed Enhancing the revenues while refining the pricing strategies
3
The Finance Analysts of the company and 500 USD for gathering all the
products and arranging meeting and discussion programs with the
Needed resources stakeholders and the share partners
4 Persons involved The members of Finance department
5
Time frame 20 weeks
Describe for each initiative the desired results, and what is the reality you envision.
The organization need to arrange some business strategies and approaches which are focused on employee
1. wellbeing which can support the organization to motivate the employees and boost their productivity.
Effective communications makes the employees more attached with the managerial department which helps the
employer, align the employees with the organizational goals. These working practices encourage the employees to
2. improve the sense of serving their 100% within the workplace while support the goals while support the culture
which is driven by teamwork.
Price is the most valuable factor while making decisions or adapting new strategies within the workplace.the
3 Finance department need to adjust the product cost as well as the other service prices for lineing up the product
value while increasing the revenue and fulfiling the market demands.