FNS50315 Diploma of Finance and Mortgage Broking Management

Task:

Please construct a written plan for sustainability for your business (or proposed business). Your plan should be for a business which is finance in nature eg. mortgage broking. Please incorporate all the points below into your planNote, if you are in, or propose to be in, a sole trader business or working within a structure that has their own business plan, then not all of the points may be applicable to you however they should be covered in your assignment. Simply say after the point “may not be applicable to my business” however most points should be. Also please note that profitability is crucial to sustainability and should be considered in any plan.

Points to cover in your plan:

• Define scope of sustainability policy - what do you want to achieve.

• Gather information from a range of sources to plan and develop policy.

• Identify and consult stakeholders as a key component of the policy development process.

• Include appropriate strategies in policy at all stages of work for minimising resource use, reducing toxic material and hazardous chemical use and employing life cycle management approaches.

• Make recommendations for policy options based on likely effectiveness,timeframes and cost.

• Develop policy that reflects the organisation’s commitment to sustainability as an integral part of business planning and as a business opportunity.

• Agree to appropriate methods of implementation, outcomes and performance indicators.

• Promote workplace sustainability policy, including its expected outcome, to key stakeholders.

• Inform those involved in implementing the policy about expected outcomes, activities to be undertaken and assigned responsibilities.

• Develop and communicate procedures to help implement workplace sustainability policy.

• Implement strategies for continuous improvement in resource efficiency.

• Establish and assign responsibility for recording systems to track continuous improvements in sustainability approaches.

• Document outcomes and provide feedback to key personnel and stakeholders.

• Investigate successes or otherwise of policy.

• Monitor records to identify trends that may require remedial action and use to promote continuous improvement of performance.

• Modify policy and or procedures as required to ensure improvements are made.