What is the difference between a Business Plan and a Management System approach?
A “Business Plan” is a formal statement of a set of business goals and plans for reaching these goals. It provides background information about the organization or team attempting to reach those goals. It includes a sales and marketing plan and operating and human resources plan with an action plan. A Business Plan can be completed at the start up of a company. A “Management System” to ISO provides a process approach to develop, implement and improve the effectiveness of a companys management system, providing on-going control. It consists of three main parts: 1) IDENTIFY Planning: (quality, environment, occupational health and safety) Includes identifying legal and customer requirements; identifying risks; developing, implementing and maintaining Policy, Objectives and Targets (O&T). It is an important part of any plan or system you create. 2) INSURE Implementation: includes keeping proper documentation and records, establishing methods for operational control, communications and trai