1. J0704-Business Plan Management & Organization Session 17

2. J0704-Business Plan The morale of an organization is not built from the bottom up; it filters from the top down – Peter B.Kyne Your system for Getting Things Done

3. J0704-Business Plan The Elements of Management & Organization Management and Organization Summary Management Team Key Personnel Responsibilities and Duties Management Philosophy Key Personal Incentive Organizational Structure Personnel Plan

4. J0704-Business Plan Management team Introduce your managers in a short table of content by title and name If start-up company has no managers, present your qualifications deftly by marketing your education, experience, achievement, traits, talents and capabilities to your advantage If the business is large enough to include other management staff, then all the better

5. J0704-Business Plan Key Personnel Responsibilities and Duties List current and future managerial title that reflect your staffing plan when you will be operating at peak performance Label positions that are vacant and describe the qualifications for individuals you are seeking to fill them Describe the key personnel responsibilities and duties

6. J0704-Business Plan Management Philosophy More valuable for internal use A great manager uses these as developed management rules Example for management philosophy : –Lead by example –Develop teamwork –Be fair, consistent and clear –Keep good communication –Recognize achievement –Reward initiative

7. J0704-Business Plan Key Personnel insentives Many companies offer monetary incentives in addition to salary to decrease personnel turnover and encourage top performance. Many creative incentives that are used, here are a few examples: –Profit sharing –Stock option –Stock share –Bonuses

8. J0704-Business Plan Organizational Structure The complete picture of the employees in the business and cover how work is divided among them and their reporting structure Use Organizational chart

9. J0704-Business Plan Personnel Plan –Introduce most of staff by writing specifying number of employees, both part- and fulltime –Create personal plan, which is basically a chart of department by employee, function and salary