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Hrm340 Castle's Family Restraurant Business Plan: Stage Iii

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Castle’s Family Restaurant Business Plan: Stage III

DeVry University

Executive Summary
Castle’s Family Restaurant is the company that owns eight restaurants in North California. In fact of the economic recession and growing gasoline prices, the company is looking for options to save costs. The HR of Castle’s Family Restaurant, Mr. Morgan looks for options to make his performance cost-efficient through the introduction of HRIS solutions instead of regular visits of all eight restaurants. In this regard, it is possible to recommend Mr. Morgan to implement complex, many-faceted software applications developed by PDS Vista HRMS®/Payroll that can help him to perform his functions properly from his office without regular visits of …show more content…

The cost-efficiency implies that the company introduces changes that allow the company saving costs without harmful effects of such changes on the quality of products and services of the company. For instance, the company can optimize internal business processes through their automation (Clarke, 2000). The automation of internal business processes saves time of employees which they can use more effectively, for instance, to increase their productivity. In such a way, the company enhances its performance and increases its revenues while its costs drop.
In this regard, the HR department plays an important part in the successful implementation of the cost-efficiency strategy because Human Resources can increase the effectiveness of their performance without substantial and costly changes being introduced. For instance, Mr. Morgan should consider options for saving costs within the HR department that will decrease the costs of the company, and he should consider possibilities to cut spending on the HR department without decreasing the efficiency of its performance. At the moment, Mr. Morgan considers the possibility of introducing HRIS that can save costs and enhance the performance of the HR department.
Business Analysis
The current position of Castle’s Family Restaurant is quite stable, but changes in the business environment may have a negative impact on the further business development of the company.

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