Business Management @ Bayside

A policy is a set of broad guidelines to be followed by all employees when dealing with important areas of decision making. A policy has to be widely communicated with the people who the policy will affect. A policy shows employees how to take the right path when dealing with decision making. A policy is put into an organisation to help them achieve their set objectives.

For a policy to be successful it must follow a procedure. A procedure is a series of actions which enable a policy to be put into place. It is a step-by-step set of instructions. Procedures provide reliability in an organisation. It puts in place frequent methods to deal with areas such as problem solving and completing routine tasks.

Policy Development:

Management direct the development of a new policy to make sure that the policy covers the positive areas of corporate culture, e.g. cooperation and teamwork. There is a step-by-step set of instructions when having to create a new policy. The LSO has to identify an issue or problem, Research and analyse business environment, Consult stakeholders, Develop the new policy, Prepare a draft policy for review by stakeholders, Revise the policy, Approve and distribute the new policy, Monitor the policy and evaluate the policy.

A real life example of policy development is by the Great Barrier Reef Marine Park Authority.  It works with the Australian Government. It is the advisor of the control, care and development of the Great Barrier Reef Marine Park. By having a policy in place it allows managers and the public to follow the procedure to ensure the control care and development of the Great Barrier Reef. Any statements and guidelines are approved by the Chairman which takes into account that it considers appropriate management of the Great Barrier Reef Marine Park.

New policies are developed following the process in the diagram below.

Business Management
The three basic types of management styles:
• Functional Structure- This structure involves grouping employees together according to the tasks they will perform. A real life example of this a internet service provider. The CEO would be at the top then comes
• Divisional structure- Groups employees together according to divisions that may be geographical, or customer, product or process focused. A real life example of this might be a car manufacture, because they will need to have offices all around the world, and they will need a product structure for what cars they are making and such. They will need a customer structure so they have their customers all in order.
• Matrix structure- Involves bringing together specialists from different parts of the organisation to solve specific problems or to undertake specific projects in terms. A real life example of this would be a research facility for a racing team such as Holden racing team for V8 supercars. The Matrix structure type puts say engineers and computer technicians together to find out a problem in the cars electronics, they only use this management structure to find specific problems.
By Nick Lakasas

And the winer is Leia and Asha for creativity, integration of ideas from the Japanese students, using all the given resources (no wastage therefore environmentally friendly) and excellent marketing skills. Well done girls let me know what type of choccies you like!!

Consolation prizes to everyone else! it was very cool to see your creativity and work!! I loved it!

Ok it has finally happened we finally get to presentation time. So today you will present your Kitchen Gadget marketing to the class and I will decide the winner. After that we will spend some time on our blogs making sure that they are all up to date and posting the videos on the web. Enjoy!

Well today sees part two of the Kitche Gadget series where you are making your two minute marketing presetation. You will need to be completely finished by 2.55pm back in class ready to present your Kitchen Gadget. You will have acces to 2 video camera and a still digital camera. The first step is to get together and create a plan for your marketing then to rehearse your plan and then to create your marketing masterpiece. You will get extra marks if it involves multi media such as in person presentation, film/photos, demonstrations, posters, blogs, the web or any other creative idea. You will then need to present your work to the class.

Have fun and be creative!

You and a partner have been given the following equipment:

• A 30cm length of aluminum foil
• Two rubber bands
• Four Ice Cream sticks
• A 20cm square sheet of cardboard
• Six Paper clips
• Four nails of various lengths
• One metre of string
• One polystyrene drinking cup

Using only the materials supplied and a pair of scissors, your team is to design and make a utensil or device that can be used in an indoor or outdoor kitchen. You are to use all the materials supplied; and have only a minimum of waste. As far as possible your design should be a ‘working’ prototype i.e. the more bits that move the better. You need to plan carefully as there are no replacement parts if something breaks!!

You have todays lesson to complete the gadget and create a blog entry stating how you used each piece of equipment you were given.

Next fortnight you will be working on a marketing presentation for your gadget as you need to create a 2 minute presentation to try and pitch your gadget to Jamie Oliver. You may use Video, PowerPoint, Digital photos, posters and verbal presentation, or any other creative way to sell your presentation. Presentations will be made to the class at the end of the double period next fortnight!

The following fortnight we will post your presentations, and reflections to the blogs for assessment.

Oh and by the way there is a significant box of chocolates to be won by the team who fulfills the requirements of the project most successfully!!

Hi All I have added a new link to the blog roll under resources. It is called Business Blog. It is to a blog for Business Management students by a distinguished educator named Alistair Rouse. It contains News, Views and Information all relating to Business Management.  Maybe it would be good to make a comment on his blog thanking him for creating this resource or commenting on something you found interesting.

No rest for the wicked and you guys must’ve been very wicked!! Today your web page assignment is due.  There will be no time in class to complete this work. You will also need to complete your blog entry for this fortnight.  I really hope you enjoy the changes made to edublogs.  It looks excellent and is easier to use!

After you have completed your blogs you will then need to start on outcome 3. This will be a continuation of what you have been doing in Mrs C-M’s class with your readings on accounting.  I am going to get you to check out the following two websites on Quickbooks and MYOB which are two very commonly used accounting packages in small business in Australia.  The websites are

http://myob.com/servlet/Satellite?cid=1105078110482&pagename=MYOB%2FPage%2FHomePageTemplate&site=en_AU&c=Page&utm_source=global_site_link&utm_medium=web&utm_content=GSL_australia&utm_campaign=site_links

http://home.quicken.com.au/Pages/HomePage.aspx

Then I would like you to find on your own one more Australian accounting package. 

What I would then like you to produce is either a brochure or handout that can be used by small business operators to help them decide on which accounting package to purchase for their small business.  You will need to include the following information in your brochure/handout

• Cost
• Features
• Advantages
• Disadvantages
• Support available
• Training available
• The importance of keeping good accounting records for small business.
• Website links to each software package
• Website link to the Australian Taxation Office 

The brochure/handout should be professional looking as it is aimed at business owners.  Not all the information will be found

As well as handing it in in paper format I would also like you to attach it to your blogs. I will show you how to do that in next fortnights class.

You will have this class and next fortnights class to work on it.  It is due in next fortnights class the 11th of June. No extension is possible as I have to have them marked and in your reports by the 13th of June.

Ok it is time to catch up on your blogs by the end of this lesson I would like to see your blogs totally up to date and lookin pretty!! I would also love you to be almost complete and ready to hand in the assignment next fortnight! Please see me to get help with saving into Word as a webpage.