- Monitor resource usage
- Review and Identify Trends
Methods used
The following are the methods used to review and evaluate the effectiveness of the policy.
Reporting
The recording of the reading from each month should be made so that statistical methods can be used toward easy comparison. In essence, the monthly reading needs to be compared alongside each other for example a bar chart for a whole year. This can be used to set targets. In addition, it will also increase information creditability and create a willing participation by all stakeholders.
Report to others
This ensures that clear purposes and demand for undertaking monitoring activities. Information from the policy implementation should be targeted to specific audiences. The information should be incorporated into governance so as to enhance accountability.
Involved stakeholders should be engaged through clear communication in order to make the evaluation process successful. This will also increase information creditability and create willing participation by all stakeholders.
Monitoring process
Successful monitoring is the only way to deliver timely and relevant information, which in turn tracks progress, outcomes and adjustments to implementation (Practical Steps for implementing Policies n.d). Relevant authorities should be mobilised to ensure that the print advertising is reduce in term of following up transactions processed from the company each month as well as the paper wasted in the office among these two hectic departments. Wasted paper should now be collected and put into the right bins purchased so it can be recycled.
Successful monitoring is the only way to deliver timely and relevant information, which in turn tracks progress, outcomes and adjustments to implementation (Practical Steps for implementing Policies n.d.).
Review regularly
The reviews offer a snapshot of the way responsible persons perceive the policies implemented. The findings and recommendations from review gauges the effectiveness of the policy and improve the implementation process.
Evaluating outcomes
Looking at the way the intended policy outcome has achieved and affected the stakeholders should map a baseline of accessing quantitative and qualitative benefits of this policy. This evaluation will enhance credibility of an evaluation.
Results
All the strategies are effective since they all depended on the outcomes and impact evidence. They give a clear indication of PRADA’s performance in the market. The data that has been collected in the company’s financial report findings indicates the exceptional rise towards online product buying in the near future, due to results and current trend of the digital expansion and once the PRADA Group online communication is fully maximised. (PRADA Group 1st Quarter Results, 2014) because of knowing about the company from the website.
As demonstrated in the chart below, compared to the year 2012 in 2013 the increasing rise in customers online presence, luxury brands via the Internet maximise their company information and product sales to worldwide audiences. Therefore, print campaign and brochure advertising will no longer be needed as much. From these findings PRADA can follow as the new policy focuses to reduce paper the solution of a better sustainable network in order to reduce a substantial amount is to maximise communication power towards digitally instead of printing.
Sample Chart
The data bellow represents the weight of paper recycled in the year 2012 and 2013.
Graph 1: Trends of paper recycled throughout the year
Throughout the two years, you can see the weight of paper recycled remained high in 2013 than in 2012. After PRADA implements the new paper policy in within the organization, the quantity of paper recycled increased. For example, in September, the difference between the weight of paper recycled in 2013 and 2012 is approximately 2,300 kg paper. Departments in the future years; the company will intensify it campaign of encouraging the employees to recycle waste papers. Therefore, PRADA will be able to minimise paper as a major cost effective material while expanding digital communications. The results will reach out to a sustainable and healthier paper wastes in the group.
- Continuous Improvement
Best practice
Research and nominate an organisation in your industry that you believe has best practices in sustainability. Give 3 examples of best practice, and explain why.
In dealing with environment sustainability Louis Vuitton employs 5R’s that is renew, recycle, reduce, review and repair. Notably, the customers of the company use products made from renewable sources, for example cotton and latter, recycles papers, leather, plastics and in addition works closely with La Reserve de Arts that collects unwanted wastes from the company for recycling. In terms of reduction, Louis Vuitton uses the latest technology operations, which has seen it to save 70 tonnes of packaging material per year.
In addition, Louis Vuitton review latest models of product, energy and employee transport. Consequently, they have been able to come up with photovoltaic panels to generate electricity using natural light for the artisans. Further, it encourages the employees to lead a healthy lifestyle for example by encouraging them to walk to work or even or even cycle. Lastly, the company produces leathers that can be repaired or even last through generations.
Louis Vuitton utilises the cost effective raw material and produces high quality products (Introduction to Operations Management n.d). In addition, it has intensified online distribution of its products to the customers. Principally, it has a strong presence in both social media and throughout their fashion website, which is ensuring a continue contact with the customers.
Louis Vuitton capitalises on its previous years’ experience while taking into account the societal landscapes and future global trends. That has led to formulations of policies that ensure growth. Notably, the company ensures employee development. It also has a lean human resource thus turnover in labour.Best practice
List and describe what strategies will be implemented to ensure that the company maintains continuous improvement over time.
• Asking the right question – In the evaluation process, asking the right question ensures that the company identifies good practice lessons and alternative options.
(Australian Government 2013)
• Understand the objective – This is essential to define the reason for evaluation and attaining robust outcomes and substantive content.
• Involve participants – Proper governance and running the company operation are achieved through enhanced stakeholder accessing the findings.
PRADA can incorporate a number of strategies to enhance sustainability. For instance, it can incorporate other luxurious brands for example Louis Vuitton for better results. Better still, they can make sure they have systematic checking systems that the existing strategies are in practice. In addition, Prada can join R & D exhibition workshop where Louis Vuitton is a member in order to learn sustainability strategies of the company.
Successes
One of the major successes of PRADA is attributed to good policy and customer service. The company has had an increased online presence to ensure customers are served properly. In addition, the company is in the forefront in using environmental friendly materials for example leather and is advocating for recycling of materials for example paper, leather and among others.
Policy Modifications
The policy can be modified and include detailed aspects of fusing technology in the operation as well as empowering human resource. For example in reducing the amount of packaging material Prada can encourage supplies using paper for packaging to take it back for recycling as a prerequisite for doing business.
Changes Required
In incorporating latest technology to its operations, the company may consider to formulate policies that will be aimed at encouraging a partnership with other companies. For instance, PRADA may consider a partnership with Louis Vuitton, by doing so; PRADA can be able to strategically employ ideas learned from such partnership for manual benefit.
Secondly, PRADA may consider policies that utilise cost effective raw material and produces high quality products. The material may be characterised as renewable and can be recycles. Meaning that, the company will minimise the amount of wastes arising from processing.
Lastly, a policy that will intensify online branding of its products to the customers will be worth to consider. Principally, it has a strong presence in both.
- Reporting
Bibliography
List the full URLs of the websites or documents you have used in your research.
Australian Government: Department of Prime Minister 2013. Cabinet Implementation Toolkit: planning, viewed 22 November 2014 http://www.dpmc.gove.au/implementation/docs/implementation_toolkit/implementation-toolkit-1-planning.pdf
Australian Government: Department of Prime Minister 2013, Cabinet Implementation Toolkit: engaging stakeholder viewed 22 November 2014. http://www.dpmc.gov.au/implementation/docs/implementation_toolkit/implmentation-toolkit-3-engaging-stakeholders.pdf
Australian Government: Department of Prime Minister 2013, Cabinet Implementation Toolkit: monitoring and review, viewed 22 November 2014 http://dpmc.gov.au/implementation/docs/implementation_toolkit/implementation-toolkit-5-monitoring.pdf
Introduction to Operations Management/Productivity Analysis 23rd November 2014 http://www.2.bc.edu/zholdjd/files01_intro_productivity.pdf
Practical Steps for Implementing Policies and Procedures, viewed 23rd November 2014. http://www.icad- cris.com/pdf/FS8EN_Practical_Steps_Implement_Policies_Procedures.pdf
PRADA Group 1st Quarter Results April 30th 2014 viewed 24th November 2014. www.pradagroup.com.uploads/prada/document/14/PRADA_1Q_2014_RESULTS_PRESENTATION.pdf
