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Mission and Vision of Assure Pharmaceutical Company

  1. In your project group, discuss all operational requirements for the set-up of this new operational branch taking into consideration organizational vision, policies and procedures.
  2. Your operation plan should include the six key categories of operational plans; production & manufacturing, human resource, processes, distribution, location & facilities and equipment planning.
  3. When developing your operational plan, the following need to be included:Targets (SMART) for each operational categoryKPIs for measurement and monitoring (by time period, percentage, organizational standards or task outcome)Strategic actions to achieve targetsCritical Success Factors affecting each target(include operation and legislative)Personnel, colleagues and(or) specialists (internal and external) whom you need to consult for each strategies to work Relevant document resource and information used for research and analysis of operational plan Estimated budget to carry out each target required
  4. Develop and implement a contingency plan to support your operation plan to manage risks for your project operation plan.
  1. Make a group presentation to the class using Power-point slides to explain your plan for feedback and approval (the class will simulate organisation work teams to review your plan)
  2. For each resource identify where you are able to acquire these resources and the strategies you would adopt to acquire them.
  3. Identify any organisation policy or procedures that are required for the acquisition of these resources.
  4. For the resources listed, explain how you would incorporate intellectual property rights and responsibilities in your acquisition process.
  1. Use a ‘Gantt chart’ format to illustrate your resource implementation strategies.
  1. Use a ‘Gantt chart’ format to illustrate your resource implementation strategies.

Assure Pharmaceutical Company is planning to open its new operational branch at New South Wales, Australia. The pharmaceutical company uses a unique approach for manufacturing drugs, which helps in treating the diseases affecting the individuals’ central nervous system. Their motto is to bridge the treatment gaps in cardio metabolic disorders. In addition to this, they also manufacture, produce and distribute drugs, which help in treating certain heart disorders. The mission statement of the company is to improve the patients’ lives by developing and manufacturing innovative treatments, which address unmet medical needs of neurological as well as related disorders of central nervous system.

The vision statement of the Assure Pharmaceutical Company is to dedicate themselves into researching, developing and commercializing more and more innovative proprietary active pharmaceutical ingredients for managing cardio metabolic disorders. Their policies and procedures involve in discovering and developing antibiotics for treating the patients from life-threatening diseases as well as bacterial infections. In addition to this, they are dedicated to the commercialization and development of life-altering and innovative therapies for their patients, which are often fatal and rare diseases. Moreover, they are committed to develop safe as well as effective products for treating cognitive disorders of their patients.

Operational Plan for Assure Pharmaceutical Company;

Production and Manufacturing

The Assure Pharmaceutical Company manufactures drugs by breaking the entire procedure into a series of operations like milling, coating, granulation, tablet pressing and others. Before the drug is being manufactured, there is an evaluation phase in order to maintain its stability, uniformity and other factors.

Human Resource

The human resource manager of the company checks whether Assure Company is carrying out its procedures by maintaining the environmental safety or not. In addition to this, the manager looks after the wellbeing of its employees.

Processes

The company has divided its organizational processes into several units of management. The processes are being divided into units of finance managers, purchasing managers, research and development managers, production managers, marketing managers and human resource managers.

Distribution

The distribution procedure of the company includes all the activities, which enable them to transfer the material or economic product over tangible or intangible goods from an economic subject to the other.

Location and Facilities

The company is located at New South Wales, which provides facilities like wholesale distribution of prescribed drugs, proprietor drugs as well as toiletries.

Equipment Planning

Anthony Simpson completed his Masters in Pharmacy and is under the responsibility of managing the overall operations, planning, logistics, manufacturing, processes of manufacturing as well as equipment planning.

Operational Plan for Assure Pharmaceutical Company

Key Result Areas(KRAs)&Targets(SMART)

KPIs

Strategies

Timeline

Critical Success Factors

Consultative

Stakeholders

Document Resources Required

Budget Estimate

To increase the sales by ten percent by the first week of July and expand the services including distribution.

Service sales increased by ten percent by the first week of July

Developing the plan and implementing the services to increase their sales at the stores.

7th July 2018

Creating successful relationships with the suppliers.

Store Manager, Organizational leader, manager, medical representatives.

In twenty five stores of Australia.

200 Australian Dollars

To purchase additional tools and equipments required by every store like printers, Xerox machines in order to increase the sales.

Printers and Xerox machines are being installed by the second week of July.

To obtain quotations from the suppliers as well as purchasing additional printers and Xerox machines.

15th July 2018

Secure financing for the new expansion.

Store Manager, Organizational leader, manager, medical representatives.

In twenty five stores of Australia.

600 Australian Dollars

To increase the delivery capacities by acquisition processes and delivery vans for increased sales.

Delivery vans to be increased by the third week of July.

To discuss with the suppliers and purchase the delivery vans.

25th July 2018

Extension of the store’s space to accommodate new products as well as customers.

Store Manager, Organizational leader, manager, medical representatives.

In twenty five stores of Australia.

30,000 Australian Dollars

(Figure: Operational Plan of Assure Pharmaceutical Company

Source: Created by Author)

Issues/Events

Likelihood (H/M/L)

Project Impact  

(H/M/L)

Priority

(lowest 1 to highest 5)

Solution

Action by

Timeframe/

Due date

Skilled labors’ willingness to relocate to the new branch.

Medium

High

3

Combination of incentives and on-site education.

Human resource managers

5th June, 2018

Marketing the products and developing multiple distribution networks for the new products.

High

High

5

Using promotional activities like campaigns, posting on social networking sites and others.

Marketers.

10th June 2018

Quality control and assurance

High

High

5

Checking the quality of the new products, testing them in the laboratories for the betterment of the customers. This is of highest priority as it involves the lives of the patients.

Quality analysts, pharmacists and others.

10th June 2018

Crediting insurance for protecting the company from bad debts.

High

High

5

Protecting the company against bad debts for the future benefits, by investing on the appraisal techniques.

Finance Managers.

10th July 2018

(Figure: Contingency Plan

Source: Created by Author)

The Assure Pharmaceutical Company is planning to start with their strategic plans and focus on their most important goals or objectives. The key initiatives of the company are new organizational structures, faster delivery times, quality control measures and more employee time spent for professional development. The resources required for the new branch are Xerox machines, printers, delivery vans, suppliers, employees, a new human resource manager, finance manager, accountant, medical representatives and a marketing department. The key performance indicators of the Assure Pharmaceutical are going to play a major role for the success of their operational plans.

In addition to this, the company should also develop their new organizational structures, quality control measures, faster delivery of the items and more employees’ time spent on the professional development. These are the major responsibilities of the company in order to measure their progress. The performance indicator tools play a major role in the success of the company. Based on the company’s past experiences, Assure will be able to calculate a budget required for the expansion of their business.

The resource allocation method refers to the procedure as well as strategy involving the company on deciding where the resource are scarce and should be used for the production of services and goods. For the resource allocation procedure, the Assure Company needs to formulate the vision as well as goals for the future betterment. To accomplish the mission statement, the company should navigate the uncertainties, dynamics and complexities of its external environments, counteracting and outperforming competitors and the adversaries. This will enable them in being faster, better as well as more innovative. This can be accomplished by developing a strong strategy for meeting the objectives as well as aligning the internal organization in terms of administrative structure, leadership, work processes and human resource management.

The resources like finance manager, marketing department, human resource managers can be acquired by posting an advertisement on job recruitment for the specific roles. One on one interview can be conducted, which will enable the betterment of the organizational expansion. In addition to this, the existing human resource manager of the company should adopt certain strategies for relocating the employees. If the employees disagree on the decision of relocation, the human resource manager of the company should design new benefits and compensation plan for them, in order to motivate and encourage the current employees.

The organizational policies and procedures of Assure Pharmaceutical Company for the acquisition activity suggest a model, which as three particular stages; pre-combination, combination and lastly, solidification and advancement. These stages encompass the larger business functions like strategy, marketing, finance, Information Technology, distribution and manufacturing. Furthermore, it is immensely important to provide focus and detail for the human resource managers’ issues with acquisition activities. The human resource manager needs to discuss the possible advantages of the company with its employees.

In addition to this, if the employees feel hesitated to relocate in the new branch of Assure Pharmaceutical Company, the human resource manager of the company should motivate as well as encourage them to perform better. This can be done by designing a new set of compensation or benefit policies for them, which may make them, feel better. Moreover, in order support the acquisition activity of the company; new organizational leaders can be placed. Furthermore, it is important for the company to check the history of their partners, before signing the agreement. This will ensure proper benefits to the company’s progress as well as growth.

Required Resources

Sources and Strategies

Related Organizational policies and procedures

Intellectual Property rights and protection

New staff members, managers.

Training plans and strategies to train them and let them know the company’s organizational goals as well as objectives, mission and vision.

The recruitment procedure must be based upon the organizational policies as well as procedures.

Employee rights, copyrights, trademarks, moral rights, unfair competition, trade secrets, publicity rights.

Good recruitment processes, incentives, recruitment and retention.

The strategies of the human resource manager are to recruit new staff members for the new branch of the company.

Proper Recruitment Policy and Procedures, terms and conditions, working hours, shift timing.

Employee rights, moral rights.

Building the acquisition team.

Carrying out a market research and development procedure for building the acquisition team and reviewing the parameters to be merged.

Partnership policies and procedures.

Employee rights, copyrights, trademarks, moral rights, unfair competition, trade secrets, publicity rights.

The Acquisition Implementation Plan

Doable implementation plan will help in ensuring clear organizational goals and objectives. Moreover, the employees should have clear responsibilities within the authority level.

Implementation policies and procedures of the company must comprise the merger and acquisition plan.

Employee rights, copyrights, trademarks, moral rights, unfair competition, trade secrets, publicity rights.

(Figure: Resource Acquisition and Management

Source: Created by Author)

Attributes

June

July

August

September

October

Employee training:

Needs assessment, alternative reviews, implementation of other policies.

To increase the sales by ten percent by the first week of July and expand the services including distribution.

To purchase additional tools and equipments required by every store like printers, Xerox machines in order to increase the sales.

To increase the delivery capacities by acquisition processes and delivery vans for increased sales.

Skilled labors’ relocation to the new branch.

Marketing the products and developing multiple distribution networks for the new products

Quality control and assurance

Crediting insurance for protecting the company from bad debts.

(Figure: Gantt chart

Source: Create by Author)

Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015. Marketing: an introduction. Pearson Education.

Butler, R. and Wilson, D.C., 2015. Managing voluntary and non-profit organizations: Strategy and structure. Routledge.

Cascio, W., 2018. Managing human resources. McGraw-Hill Education.

Clegg, S.R., Kornberger, M. and Pitsis, T., 2015. Managing and organizations: An introduction to theory and practice. Sage.

Coombs, W.T., 2014. Ongoing crisis communication: Planning, managing, and responding. Sage Publications.

Dale, B., 2015. Total quality management. John Wiley & Sons, Ltd.

Davis, T., Cutt, M., Flynn, N. and Mowl, P., 2016. Talent assessment: A new strategy for talent management. Routledge.

Ginter, P.M., 2018. The strategic management of health care organizations. John Wiley & Sons.

Haynes, P., 2015. Managing complexity in the public services. Routledge.

Hopkins, B.R., 2017. Starting and managing a nonprofit organization: A legal guide. John Wiley & Sons.

Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

McDonald, M. and Wilson, H., 2016. Marketing Plans: How to prepare them, how to profit from them. John Wiley & Sons.

McDONALD, M.A.L.C.O.L.M., 2016. Strategic marketing planning: theory and practice. In The marketing book (pp. 108-142). Routledge.

Van Der Aalst, W.M., La Rosa, M. and Santoro, F.M., 2016. Business process management.

Wagner, S.M., Ullrich, K.K. and Transchel, S., 2014. The game plan for aligning the organization. Business horizons, 57(2), pp.189-201.

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