AC 5.3. Produce future management objectives for an organization
Management objectives of any entity must resonate well with the established plans of an organization. Since the management objectives are the drivers of the plans, they play a very crucial role in steering of the organization to reach the strategy plans (Essex, 2016). In addition, the management plans of Grace Kennedy Foods must focus on the various facets of administration of the organization. In this section, the paper will outline some of the management objectives of Grace Kennedy Foods and how these objectives are likely to influence the strategy plans of the company.
Enhancing employee productivity
Grace Kennedy Foods will seek to enhance the productivity of their employees through various strategic proposals. The realization that the employees play a crucial role in the management of the operations of the company inspires this objective. No organization is capable of
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Develop measures for evaluating a strategy plan
The use of profits as indicators of the growth of the organization is very important. All the strategy plans developed by the organization are meant to improve the profitability and enhance the expansion of the organization. Therefore, Grace Kennedy Foods will analyze the profit indices and conclude whether the plans that have been adopted are successful or otherwise. Notably, weaker and irregular profits will indicate that one of the strategy plans adopted by the company may not be progressing well and thus a review would be important.
Staff generally have varied expectations within their workplace and as Catlin-Legutko & Klingler (2012) notes, it is important to gauge the success of the strategy plan based on what the workers have indicated as their expectations; lower expectations means that the plans are very feeble and may not yield tangible results in the company.
The table below have outlined the strategy plan used to evaluate the measures of our