CHAPTER 2; PLANNING SKILLS

Define Planning

Manager coordinate organizational activities so the goal of the organization achieved.

Planning Involves

Understanding the current situation

Examine results the organization desires to achieve

Devising the means to achieve the results

Guiding and controlling the operations

Managers Engage In Planning To

Provide direction

Reduce the impact of changes

Minimize waste and redundancy

Set the standards to facilitate control

Important Of Planning

Formalize objectives

Period of time

Minimum of problem

Efficient and effective way

Element Of Planning

Goals

Strategic Goals

Financial Goals

Plans

Strategic Planning

Operational Plans

Strategic Planning Process

Develop the mission

Analyze the environment

Set objectives

Develop strategies

Implement and control the strategies

SWOT

Strengths (S)

Weaknesses (W)

Opportunities (O)

Threats (T)

SMART

Specific (S)

Measurable (M)

Achievable (A)

Relevant (R)

Time bound (T)

Operational Plans

Standing plans

Policies

Procedures

Rules

Single used plans

Program

Budgets

Projects