Effective Business Proposal.
Effective Business Proposal.
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attached are some background data. data collection file is the TOPIC 2 notes.
- Purpose Statement (100-250 words) provides clear statement of why the business proposal is being made. (High turnover rate in automotive sales industry)
- Problem Statement and include specific data related to how the problem impacts the business. This part of the proposal should include the graph/chart/data you collected in Part 1 of the Topic 2 assignment. (find outside research why people are leaving automotive sales jobs)
- Data and Research Findings (250-500 words) should include a summary of what you learned from conducting research related to what has already been done to address the organizational problem. This part of the proposal should include the graph/chart/data you collected in Part 2 of the Topic 2 assignment. Effective Business Proposal.
- Proposed Solution (250-500 words) should include a summary of the top three problem solutions you considered to address the problem. In addition to including the graph/chart/data you collected in Part 3 of the Topic 2 assignment, this section should provide a succinct discussion of the pros and cons of implementing each of the top three solutions being considered to address the problem.
- Implementation Methods (250-500 words) summarize specific strategies that will used to implement the problem solution including time and costs associated with implementation.
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Writing a Problem Statement
| Original problem or focus question | High turnover rate in the automotive sales industry. |
| Stakeholders who are most affected by the problem | Middle management and sales employees are the most affected by this.Upper management would benefit the most from solving this issue because it creates consistency for the organization. Low customer retention and low customer service scores can result from this issue. |
| Type of problem | This problem is based upon lack of teamwork and training. Without the proper attention from management, employees feel unappreciated and alone in the process. |
| Suspected cause(s) of the problem | Lack of training, poor work schedules, and individual mindsets all negatively affect this problem. |
| Goal for improvement and long-term impact | Target should consist of team incentives rather than individual. Succeed as a team or fail as a team. No more personal quotas. 90% of employees stay and continue working year after year. |
| Impact to stakeholders | Lack of consistency will hurt maintain a loyal customer base. Trust will not be there if every time they go into the dealership they see new faces. This will also place a toll on employees following their leaders. It will be hard for them to trust managers if every year they have new ones that have different strategies. |
| Proposal for addressing the problem | Encourage teamwork and positivity from the top of the chain to the bottom. Managers should make sure that employees are happy and that they have a good work/life balance. Work together to achieve goals and reward them for collective achievements. |
| Final problem statement | There is a high turnover rate in the automotive sales industry. Lack of camaraderie and training are the driving forces for this problem. Fixing this issue can bring stabilization to the organization and allow continued success. To do so, everyone must work together for a common goal. |