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Business Plan for Ann Taylor American Company

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The departmental heads should understand the fact that it is they who are responsible for providing the catalyst for the work that is ultimate to be carried out by the Human Resource department of the organization, but it is necessary that the departmental head should inform them about the existing gaps. Every organization today has a training need analysis conducted on a regular basis and it is conducted by the Human Resource department of that organization. The training needs analysis helps the organization learn the things that are further required to enhance their workforce’ s capabilities.

The most appropriate way is that the employees should be informed about the required traits and skills through the training sessions or other kinds of seminars. Whenever an organization provides training to its employees they are doing a kind of investment in their workforce. Today different researches claim that the most important part of the human resource development of an organization is to train their employees as per the requirement so that they can make the most of it. It creates an edge in today’ s world for the organization.

Ann Inc. is an organization that provides woman apparel which is suitable for all kind of occasions. The brand is known as LOFT, which offers casual clothes and the company that has patented the brand is Ann Inc. The other brand is the Ann Taylor brand, which offers ready to wear fashion and work clothes. They cater to the needs of women providing them with up to date fashion. The prices vary from high to easily affordable ones, thus the company is not restricted to the high class only.

The company was earlier known as Ann Taylor, by the name of the owner but then it changed its name to Ann Inc. this is the name under which it is registered. Ann Inc is a leader in the women clothing, so I felt that we should utilize the niche factor and launch a totally new product that will go well with the existing line of business. The new project that is planned to be launched is the cosmetic brand. Being the leader in the clothing industry and having a sizeable chunk of the women consumer can prove to be fruitful for this totally new project.

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