Wednesday , November 20 2019
Home / New Business Plans / Almarai Company Business Plan

Almarai Company Business Plan

Almarai Company 

Purpose and Objective

The purpose of the business is to provide the link between end consumers and manufacturer while improving the communication with respective customers and sales target. Providing the good living standard to people at reasonable prices is one of the main mission of Almarai Company. Following are the main objectives of the Almarai Company:

  • Efficiently provide customer services valuing the mouth advertisement’s power
  • Improving the corporate social responsibility
  • Serving different food markets at a time and building the good image among general citizens
  • Getting quick and honest feedback about offered customer services and sold merchandise
  • Converting seasonal visitors to regular
    Almarai Company Business Plan

Size And Location

The Almarai Company will be located at one of the most prime locations of Riyadh, Saudi Arabia that is Al Qirawan because the turnover of customers is high at this location. The space for the Almarai Company has around one thousand square feet and the leading time period is for two years. It is felt that the location is best for the ongoing or initial business success as it is the community’s heartbeat. It is strived to form the atmosphere of community and acceptance. Food environment will be established where people will be able to bond and identify with the culture. The location of the Almarai Company is central for the Riyadh, Saudi Arabia. Following products will be provided to the customers:

  • Fast Food
  • Continental
  • Snacks and hi-tea

Following customers will be targeted:

  • Working men and women
  • College and University students

PESTLE Analysis of Almarai Company

Following factors will be considered:

  • Political: the groups who are politically active are significant to start a business. There are multiple political factors that Alamarai will consider are: political support for internationalism; high political stability; higher wages political pressure
  • Economic factors: the following economic factors are considered: continued growth; economic stability; high employment level in the state.
  • Socio-cultural: the following factors will be considered: urban migration; the trend of a healthy lifestyle; the trend of cultural diversity.
  • Technological factors: technology is the key to the success of any business. Following factors will be considered for the success of the business: big data or business analytics; increasing business automation; increasing use of smart devices among customers.
  • Environmental factors: the following factors will be considered: the trend of environmentally friendly goods; the trend of business sustainability.
  • Legal factors: There are multiple legal factors that have to be followed to start a business. Following factors will be considered: employment regulations; food safety regulations; tax law reform.

Organizational Chart

Huge range of food products will be offered to the customers at the Almarai Company under one roof. The company will have the organizational structure so that responsibilities could be delegated among the professionals. The hierarchal organizational structure will be followed in the Almarai Company so that multiple routine tasks could be carried out and records could be maintained. Following is the organizational chart that shows how organization structure will work and how duties will be assigned from the upper and lower level and how the duties will be reported from lower level to upper level. The reason for following this organizational structure is that defined leadership levels are recognized by the employees within the Almarai Company and responsibility level and authorities are obvious. Employees can be motivated to perform well and give their best when they know that there are opportunities for promotion within the organization.

Almarai Company Business Plan

Performance Optimizing Strategy

All the departments will be performing together so that the basic goals and objectives of the Almarai Company could be achieved within the time. Designing department of the Almarai Company will coordinate with the production department as well as the department of vendor management. Capital will be provided by the finance department of the Almarai Company so that raw material could be purchased that is required within the Almarai Company.

At the same time, the workforce will be provided by the human resource department of the Almarai Company so that specific job could be accomplished within the time. On the other hand, the sales and marketing department of the Almarai Company will be focusing on the specific strategies and targets so that the sales target of the Almarai Company could be achieved. Finance and advertising department will be coordinating with each other to decide the advertising budget so that the sales and marketing department could be allocated the specific budget.

Code of Conduct

The Almarai Company will be an ethically led and value-based business. Three basic beliefs will be considered to guide the leadership and organizational decisions i.e. striving for the excellence; respect for the individuals; and service to the customers. Following guiding principles will be followed to maintain the organizational culture in an ethical way:

  • Lead with the integrity and encourage others as well to work with integrity
  • Be fair and honest
  • Follow all of the specified laws
  • Report as well as reveal all of the informational honestly without misrepresentation and manipulation.
  • Work without considering the conflicts of interest
  • Ask the global ethics office or manager for help if there are some questions about the ethics’ statement or if some ethical or cultural problem is being faced
  • Always report and reveal all information honestly when being interrogated in some ethical investigation and present all the known facts.
Learning Experience

I have learnt multiple marketing and business strategies while going through this assignment. I have come to know the importance of PESTLE analysis that how it can help to make the business successful. Before getting into the module, I had very small information about the Almarai Company and all I was aware of was organizational chart and code of conduct. During the module, I have learnt that how different departments can coordinate to optimize the business performance.

HR Activities

HR and L&D Activities

  1. Key Employees: The key employees of the Almarai Company include the executive, functional managers, and the staff, also the suppliers, distributors that collect the material. The employees will focus on the clients or the users are people who visit the Almarai Company on the daily basis and purchase goods that are needed for regular basis. The customers of the Almarai Company are known as the clients of the company, they can be also involved in the staff if there is some vacancy and any of the customers qualify on for the job.
  2. Policies & Procedures: For the effective implementation of the HR policies and procedure, there will be the focus on the workforce management including recruitment, training, wages of staff etc. A staff that helps the company to make more users can be given maximum benefits as they given more points.
  • Prepare for the Future: preparing for the future is one of the most important areas of HR and L&D support. Future growth of the company will be focused on and the need for talent development and learning strategies will be aligned with as well as driven by the long-term organizational needs along with the strategic objectives.

Role of HR and L&D

Human resource management will be delivered the functions by HR by providing the leadership, insights, and services as well as advice on the organizational matters that ultimately affect the development, employment, and management issue of the Almarai Company. Delivering the services to human resource management will be the basic role of HR, but on the other hand, it will be doing much more by playing the key part in environment creation.

On the other hand, the role of L&D will be implementing as well as formatting the strategies regarding learning and development that are integrated with the strategies of the Almarai Company business. L&D will be responsible to maintain and develop the learning culture within the Almarai Company, identifying the needs for learning, and promoting the learnings that are self-directed.

Following are the examples of HR and L&D role:

  • The advertisement will be posted and people will be called for the interview by HR
  • HRM will be informed by HR that people have been hired and they are assigned the duties.
  • L&D will inform that technological learning techniques can be adopted to encourage employees.

Learning Experience

I have learnt multiple HR and L&D strategies while going through the research to write the assignment. I have come to know that how much these strategies are important to drive the business to success and what strategies I can actually apply to the food business. I have always known the importance of workforce at the workplace and organization but I did not know the specific strategies to implement the HR and L&D strategies that this assignment has taught me. HR policies and agenda was more or less clear to me before getting into this module, but this module has introduced me to the L&D activities and strategies.

You may also study:

New Business Plan Outline Example

Strategic Human Resource Management Practices

HRM Reflection Paper Example

References
  • Burton, J. (2017, September 26). How to Design a Retail Almarai Company Organizational Chart. Retrieved from https://bizfluent.com/how-12120607-design-retail-Almarai Company-organizational-chart.html
  • Campbell, P. (2015). Pestle Analysis in a Day. CreateSpace Independent Publishing Platform.
  • Gary, D. (2010). Fundamentals Of Human Resource Management: Content, Competencies And Applications. Pearson Education India.
  • Harrison, R. (2005). Learning and Development. CIPD Publishing.
  • Mathis, R. L., Jackson, J. H., Valentine, S. R., & Meglich, P. (2016). Human Resource Management. Cengage Learning.
  • Ressi, A. (2016, August 3). What Happened To Honesty And Integrity? A Code Of Conduct For Startups. Retrieved from https://www.forbes.com/sites/adeoressi/2016/08/03/what-happened-to-honesty-and-integrity-a-code-of-conduct-for-startups/#6654fddc3e9e
  • Simons, R. (2011). Human Resource Management: Issues, Challenges and Opportunities. CRC Press.

Leave a Reply

Your email address will not be published. Required fields are marked *