1. Human Resource Structuring
All: Apply SMART objectives to a business vision
All: Explain human resource planning
Most: Structure a business organisation for 5 co owners

2. SMART Objectives

3. Do Now: Write down two objectives for achievements in your life.
Are your objectives S.M.A.R.T.?

4. Example One – Scholarships
Objective - Increase the number of scholarships available to Business & Law students by introducing 3 new scholarships for students to apply in Each scholarship awarded will be a minimum $3,010 per scholarship.
Breakdown of Objective
Specific - says what the staff member will do (increase the number of scholarships offered to Business & Law students)
Measurable - states how many scholarships to be introduced (3) and how much is to be awarded ($3,010 per scholarship)
Achievable - staff member has the necessary contacts and resources from previous years, other faculties and relevant policies to refer to
Relevant - links with the faculty's goal to increase student attraction and retention numbers
Timely - indicates that new scholarships must be ready for students to apply by 2018.

5. Example Two - Events/ Project Co-ordinator
Objective - To achieve attendance of at least 150 guests at the national Education conference on 31 March 2018 by sending a promotional to all relevant Education Professionals within Australia by 30 November 2017.
Breakdown of Objective
Specific - says what the staff member will do (achieve attendance and send promotional to all Education Professionals)
Measurable - states the minimum attendance rate (at least guests)
Achievable - staff member has a listing of all guests to send invitation and conference is held at a time convenient that does not conflict with other conferences
Relevant - links into other forums about the Education sector to be conducted later in 2018
Timely - event to be held on 31 March 2018 & all promotional materials to be distributed by 30 November

6. Example Three - Administrative Officer
Objective - Organise and provide administrative support to [name of] committees, including the development and distribution of agendas and minutes at least 2 weeks before and after the meeting.
Breakdown of Objective
Specific - says what the staff member will do (organise and provide admin support)
Measurable - states to whom the admin support is to be provided for (committees X, Y, Z)
Achievable - staff member has a listing of all the relevant committees and its members, dates, venue, catering resources
Relevant - supports the executive management team in ensuring meetings are conducted throughout a given period
Timely - agendas and minutes to be distributed to committee members at least 2 weeks before and after the meeting.

7. Human Resource Planning

8. Skills Audit
Organisations need to structure their human resources to reflect:
Skills and strengths
Product / service
Vision, Aims and Objectives

9. Task Groups x5 Business ideas –
Cleaning business Dog walking Creating jewellery Printing T-shirts
Recycling rubbish

10. Stakeholders

11. Stakeholders
A stakeholder is any person or group of people with a direct interest in or is affected by the performance of a business.
Questions.
How do stakeholders and shareholders differ.
Who will be the major stakeholders in your market day businesses