Elements and Performance Criteria
- Evaluate commercial performance
- Data relating to enterprise performance is gathered and analysed to identify historical and current performance.
- Operational structures are reviewed and analysed to determine the suitability of organisational processes to enterprise objectives.
- Enterprise strengths and weaknesses are evaluated against market conditions to determine current and future capacities.
- Enterprise objectives are evaluated to identify variations and scope for future development.
- Allocate and co-ordinate business resources
- Roles and responsibilities of personnel are identified and communicated.
- Resource requirements for enterprise are identified and costed using standard financial analysis techniques.
- Costs of ensuring sustainability of enterprise operations are calculated and factored into business planning for the enterprise.
- Identify performance requirements
- Performance indicators are developed and are realistic within available timeframes and resources.
- Factors inhibiting performance against objectives are identified and minimised.
- Market conditions are monitored and assessed based on relevant data and assumptions that are transferable and justifiable.
- Strategies and programs to promote the sustainability of operations are prepared and incorporated into enterprise procedures.
- Review business performance
- Enterprise operations are regularly reviewed to identify opportunities for improvements in performance.
- Impact of natural conditions on enterprise are monitored and anticipated to assess sustainability of resource use.
- Costs and estimates are compared with resource allocation.
- Operational plans are reviewed to determine schedule of activities.