Five Year Business Plan

SMC 's 5 - year Human Resources Forecast During the past two years, the local labor market continues to shrink and labor costs continue to soar. SMC employees are now bilingual and have to deal with failed attempts by trade unions. In order to maintain competitiveness and to continue its growth for the next five years, SMC must work on training and training of employees, employees, compensation and benefits, relationships with employees, safety and health issues It will not.

(A) Update business plan. The business plan has existed for nearly seven years and it is necessary to review it. A draft of the long-term roadmap was prepared, and based on it, a five-year business plan was created, including individual business plans of each branch (production, branch etc.). In business planning, we need to focus on implementing business processes and improving performance. Over the next few years, we plan to complete investment and financing plan (including funds provided by local governments). A business plan should have a performance contract between the board of directors and the general manager, which will be cascaded to several business units. In each department, it needs to be attributed to the individual performance of the employees. In order to monitor the business plan, MIS will be established as part of utility M & E setup.

According to the business cycle, the result of successful management of the information system is to be achieved by the 5-year business plan. It provides administrators with information about all aspects of their business. It also helps them make decisions. It also functions as a performance indicator and notifies the manager about the implementation of the business. It can also be used to improve business performance can be improved. Legal responsibility is the responsibility of legal compliant organizations, as they need to follow certain legal procedures in commercial activities. All organizations are legally responsible for the purchase, sharing and storage of information and must comply with them to avoid legal action against the organization.