1. Management Plan Goran Smajlagic S00609411 English 2100

2. Purpose of a Management Plan The purpose of this management plan is developed to ensure that the weaknesses are overcome and a solid foundation is in place for the company’s immediate as well as future success. For the company to have achieved it’s goals, expected costs, marketing plans, and for the success. The income for the company should be up, and an advanced exit strategy should always be available and capable.

3. Fundamentals The company should and needs to be established with the following basic required fundamental plans to be acceptable and sustainable. Security, Backups and Data Recoveries, Disaster Recovery Plans, Threat Management, Hiring and Terminations, Networks, Financial Plans and Total Cost Ownerships, Software Management, Internal Hardware, and Computer Configurations. In depth explanations and examples of each plan will be presented

4. Security Structural The structural security is going to reduce the risk through integrated design and consulting solutions which is the structure of the building, the way you may access the building: keycard accesses, employee password accesses. Protection of the employees from attacks or invaders will be with interior and exterior security cameras.

5. Network Network security will include forms of software that protect against viruses, software that protects from intruders from accessing the company’s data and from corrupting the systems. Also having a person(s) working as the network security. User User Security to ensure that a valid user is logged-in based on an ID or a password provided by the user.

6. Backups and Data Recovery Company backups should be available off-site, or on-site throughout a backup company website, for data loss. Also recoveries and backups of the following: Hardware Applications Operating Systems

7. What do you want to back up? What do you want to back up? What do you need to back up? The answer is everything. Backing up all of your data and information. Have it be available online, on-site, offline, off-site, on a backup site, and also on a CD, DVD, or a USB. Here is a really good example is: Having an employee whose job it is to take care of all of the back-ups and review them daily is a must, and to keep track and make sure the data is backed up daily.

8. Disaster Recovery Plan A disaster is a sudden, unplanned catastrophic even that renders the company’s ability to perform critical processes, such as the ability to do normal production processing, and business processes. Because of a disaster a company can result of significant damage. Every company should develop and have a Disaster Recovery Plan for all applications.

9. Company Disasters Awareness Natural Hazards Ergonomic Hazards Physical Hazards Biological Hazards

10. Threat Management Be able to identify what kind of threat we are having? Unknown causes or known causes. The company needs to be aware of all the possible threats such as: human, natural, economic, and technological. And be aware of malware such as: viruses, root kits, Trojan horses, worms, and theft like external, and internal.

11. Hiring and Terminations Hiring Employees Once you have recruited a number of applicants for a position, you need some method of screening the applicants to select the best candidate for the job. This is to be done by interview. But by obeying the legal hiring terms, legal interview questions. Here is a quick example of a asked interview question: How much are you worth?

12. Hiring and Terminations Terminating Employees Terminating an employee means dismissing that person from employment in your company. Termination can be either “firing for a reason” or a “layoff.” A bad employee is one that is not performing to the expectations and minimum requirements of a give job. Termination of the company’s employee can be by: recognizing the problem, use appraisals and reviews to identify problem areas, define and confirm the problem, offer solutions and a time frame for change and resolution and by determining if any change has occurred.

13. Networks The company should have networks available for all the employees but limited to what they have access to. This varies from you as the owner. A good example would be: The IT staff or the higher hierarchy can have remote access, site-to-site intranet, and site-to-site extranet which means they can run company services from home or at their workforce through security channels.

14. Financial Plan/Total Cost Ownership Total cost ownership looks at the complete cost from purchase to disposal. Includes all the costs required to support and maintain the item(s) purchased, along with repairs, maintenance, upgrades, service and support, networking, security, training, and software licensing. The employees: if its worth keeping the quantity of individuals doing certain job(s), or pay 1 guy twice the pay, to be capable of doing the job that those individuals all did.

15. Software Management A software management team needs to be established that can and will be able to install, upgrade, and do as told or essential to the hierarchy or branch. This includes things as: troubleshooting, software licensing, application installations/updates, and software requirements.

16. Internal Hardware The company should have a standard to what hardware and add-ons each level or branch of jobs gets, this includes everything from computers, hardware, and software.

17. Computer Configurations The desktops should consist of stand-alone machines that are capable of doing the job, and a really good company should have the higher hierarchy employees have desktop virtualizations with multiple OS for troubleshooting and for controlling and monitoring. Meaning they are able to watch what the employees are doing, if they are slacking or doing something other then work such as games, internet browsing.

18. That’s it! The Fundamentals of Managing a Company You’ve finally made it to the end! Now you know what the major and critical plans for starting a new company are, and you are aware of what you must have established before starting one. Hope you have enjoyed these tips and goals that must be met. So good luck on your new company!