22 Jun Ravi has identified a good candi
Ravi has identified a good candidate with finance experience. This individual does not want to invest in the company, but he would expect a good salary and benefits.
The team has created a tentative business plan, which has two target stages: The first stage involves local (geographical region) manufacturing with a focus on local solar energy providers; the second stage will begin five years from start-up, at which point the business will expand nationally (or possibly internationally) targeting the market of all potential solar energy customers.
The potential investors and participants want to know what legal form the business will take before they agree to participate. Your task is to prepare a presentation for the potential investors.
Step 2: Prepare Your Presentation
Using the information you gathered in the previous step, prepare a narrated PowerPoint. Because you will not deliver this presentation in person, it should follow the form of asynchronous presentations. Be sure to meet the following requirements:
Include a title slide, with your name on it, introducing the presentation.
On the presentation slides, include only the major bullet points for each issue.
Include no more than 15 slides (not counting title page or references list).
Cover all the elements of your plan as outlined in Step 1.
Use your narration to provide the supporting rationale for each major bullet point.
Include a script of your narration in the notes section of PowerPoint.
The final slide must present a clear summary of your major conclusions and any recommendations.
Include a reference page in APA format citing any sources you used to develop your presentation.
Title your files using this protocol: yourlastname_Business Form_date.
When your presentation is complete, continue to the next step, in which you will gather information about the potential organization structure for your business.
Step 3: Determine Your Organization’s Structure: Gather and Analyze Information
Now that you have decided on a legal organization form for your business, which currently has a single location, you need to decide on an organization structure. Organization structure determines such things as what departments the organization will need, who will report to whom, how many levels you will have in your organization’s hierarchy, and how many individuals will report to each manager (span of control). An effective structure should promote communication and coordination of efforts across the entire organization. See: Organization Structure and Design.
You begin your research by formulating a number of questions, the answers to which will be reflected in a short paper that includes your mission statement, organization chart, and your rationale for these recommendations.
Sunburst’s primary goals are innovation and customer responsiveness. How should your mission statement articulate these goals? How can this statement be drafted so that it is clear, concise, and meaningful to organization stakeholders?
What key tasks must be accomplished in order to meet the organization’s goals? What individuals or groups will have responsibility for delivering these processes or items?
Will individuals have titles and, if so, which individuals? What will those titles be?
To whom will individuals report? Why?
What are the possible impacts of outsourcing the HR function? What are the pros and cons of doing so? Make a recommendation in your paper. If you decide to keep HR in house, make sure its place in your business structure is reflected in your organization chart.
Consider all other relevant factors (for example, will your business structure be functional, centralized, or decentralized, etc.).
When you have formulated your preliminary thoughts and questions, begin your research. The resources below are a good start, but you should also conduct your own research to enhance your knowledge and the final product.
When your research is complete, continue to the next step, in which you will write your short paper, which will include a mission statement, organization chart, and summary of the rationale behind your decisions.
Organization Structure and Design
The structure of an organization plays a pivotal role in how everyday tasks are handled, in how resources are allocated, in employee supervision and reporting, and in coordination amongst employees. It impacts employee behavior, demeanor, and psyche in ways that are still being studied by theorists today. Organizational structure may play a role in employee motivation and even productivity.
A primary factor in creating and managing a new business involves choosing the best organizational structure for it. Some types of business are better suited for a clear hierarchical structure, while others are more apt to work within a flatter organizational structure, with fewer or even no levels of authority. From time to time, a business may reorganize, as online shoe retailer Zappos did when moving from a hierarchy to a flatter “holacracy.” There were reportedly mixed results spurring from this major shift in business structure.
As the Zappos case and others reveal, business structure plays an integral role in organizational success. Thus, one should clearly define the initial organizational structure at the outset of starting a new business and monitor it through the business life cycle, tweaking it and shifting it as necessary.
Step 4: Integrate Your Thoughts and Material
You’ve formulated your key questions; you’ve done your research; you’ve analyzed and refined your information and thoughts. Now it’s time to put it all together and start drafting your deliverable.
Assemble a short paper that contains the following:
your mission statement of no more than one paragraph
your organization chart
your rationale, no more than five pages (12 point type, double-spaced), for your chosen mission statement and organization structure as displayed in your chart
Be sure to attribute any sources you use in the creation of any of the documents you submit.
Include a reference page in APA format citing any sources you used in your short paper.
Use the following file naming protocol: yourlastname_organization _date
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