Business Planning Flashcards
What are some of the objectives on your company’s (T&T’s) business plan?
Our Purpose: We are making the difference; transforming performance for a green, inclusive and productive world.
* Green - investment in net zero and renewables. Deliver projects more sustainably.
* Inclusive - collaboration and diverse talent
* Productive - more data driven and insight led
How do you contribute to T&T’s business plan?
1) Spend time with the junior members of the team and have assisted a number of them in their apprenticeships.
2) Spent time with a new member of staff from Qatar
3) I use all of our digital tools which contribute towards our digital transformation
4) I always recycle where I can and car pool to site meetings and events to other offices
5) Networking
Share knowledge with my team
What are SMART targets/objectives?
Specific
Measurable
Achievable
Realistic
Time related
What is the difference between a business strategy and a business plan?
A business strategy looks at the business as whole, outlining its goals and objectives.
A business plan looks at specific elements of the strategy and considers how to implement them.
What is T&T’s business plan?
T&T Vision 2025 - to undergo a digital transformation, to develop the training of graduates and operate at Net Zero.
What do you need to do to set up your own business?
1) Business plan
2) Company bank account
3) Register with Companies House
4) H&S policies
