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Riverwood Inn's Original SMART Goals and Mission+Vision Statements

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Rough Draft of our Workforce Structure

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Our Logo!!

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Our Website!!

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My Resume for the HR Unit

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They play a very important role in organizations, and are concerned with overseeing the production process, ensuring efficiency, flexibility and innovation, and delivering high-quality products or services.

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Introduction: The product is launched and starts gaining awareness among consumers.

Growth: The product experiences a rapid increase in sales and demand, and more growth in the market.

Maturity: Sales stabilize and the market becomes saturated. Most potential customers are already aware of the product, and competition among different brands may intensify.

Decline: Sales start to decrease as the product becomes outdated or faces competition from newer and more innovative alternatives.

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To be a leader, and to be creative and innovative, while taking risks. They have to have an understanding of all aspects of their business, and to have many sorts of plans. Entrepreneurs have to be able to do it all.

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Find market opportunities (aka niches), write a business plan, get funding/capital, then figure out where to establish your business - as it matters what the market is like in a certain area.

Then you have to get the raw materials for your company, and create/craft your product or service. Finally, you actually have to be able to attract customers and build a consumer base.

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Management is all about handling the day-to-day operations and tasks, making sure everything runs smoothly. Leadership, on the other hand, is about inspiring and guiding others towards a common goal, motivating them to reach their full potential. While management focuses on maintaining stability, leadership drives change and innovation. Both are crucial for organizational success, but they involve different skills and approaches.

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It's the series of steps a company takes to transform raw materials into finished products or services. This includes activities like sourcing materials, manufacturing, quality control, and distribution.

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Personal Fund for Sole Traders

Profits retained in Business

Sale of Assets

Managing the Working Capital more efficiently

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Bank Overdrafts

Trade Credit

Hire purchasing and leasing

Medium Term Bank Loan

Long Term Loan

Debenture

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The two main stages of hr planning (aka workforce planning) is analyzing/forecasting, and goal setting. In the forecasting stage, HR managers are supposed to analyze different factors in relation to business goals and actual statistics/data, and then apply it to future business needs. In the goal setting stage, they set goals or objectives to reach based on the analysis. It's being proactive to maximize productivity.

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Circular Supply

Resource Recovery

Product Life Extension

Sharing Model

Product Service System

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Job Production

Batch Production

Mass Customization

Flow Production

Cell Production

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Marketing-related

Customer-related

Artistic-related

Contract-related

Technology-related

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Non-current Assets

Current Assets

Current Liabilities

Shareholders Equity

Non-current Liabilities

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Short-term or long term finance needed

Cost

Amount Required

Legal Structure and desire to retain control

Size of existing borrowing

Flexibility

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Primary - the extraction of raw materials

Secondary - making the finished product

Tertiary - service providing sector

Quaternary - Technological based information sector