Mgt 162 Paper
5/10/2012
CHAPTER 2
Planning
Planning defined
The process of outlining the activities that are necessary to
achieve the goals of the organization.
• A plan
A blueprint for action that prescribes the activities necessary for
an organization to realize their goals.
• Purpose of Planning
The purpose of planning is simple – to ensure that the
organization is both effective and efficient in its activities.
1
5/10/2012
The Importance of Planning
The purpose of planning is simple – to ensure that the
organization is both effective and efficient in its activities.
1. 2.
3.
4. 5. 6.
Helps to determine what are company’s opportunities Planning enables company to identify the course of action Without planning much will be left out Through plan, resources are efficiently and effectively utilized, resulting in saving resources. When we plan we know what are we really expected and becoming more meaningful. It helps to achieve goals and reduces overlapping activities
The Importance of Planning
Planning can provide effective utilization of available facilities. 8. Planning helps managers to become confident and aggressive leader can cope with all the problems. 9. Planning guides management thinking to future desirable activities and what must be done to attain goals.
7.
2
5/10/2012
Goals and Controls
Goals
Provide a clear, engaging sense of direction and specify what is
to be accomplished
• Control
Monitor the extent to which goals have been achieved and
ensure the organization is moving in the right direction.
Planning as a Linking Mechanism
GOALS
Provide a clear, engaging sense of direction and specify what is to be accomplished
3
5/10/2012
Planning as a Linking Mechanism
GOALS
Provide a clear, engaging sense of direction and specify what is to be accomplished.
CONTROL
Monitor the extent to which goals have been achieved and ensure the organization is moving in the
CHAPTER 2
Planning
Planning defined
The process of outlining the activities that are necessary to
achieve the goals of the organization.
• A plan
A blueprint for action that prescribes the activities necessary for
an organization to realize their goals.
• Purpose of Planning
The purpose of planning is simple – to ensure that the
organization is both effective and efficient in its activities.
1
5/10/2012
The Importance of Planning
The purpose of planning is simple – to ensure that the
organization is both effective and efficient in its activities.
1. 2.
3.
4. 5. 6.
Helps to determine what are company’s opportunities Planning enables company to identify the course of action Without planning much will be left out Through plan, resources are efficiently and effectively utilized, resulting in saving resources. When we plan we know what are we really expected and becoming more meaningful. It helps to achieve goals and reduces overlapping activities
The Importance of Planning
Planning can provide effective utilization of available facilities. 8. Planning helps managers to become confident and aggressive leader can cope with all the problems. 9. Planning guides management thinking to future desirable activities and what must be done to attain goals.
7.
2
5/10/2012
Goals and Controls
Goals
Provide a clear, engaging sense of direction and specify what is
to be accomplished
• Control
Monitor the extent to which goals have been achieved and
ensure the organization is moving in the right direction.
Planning as a Linking Mechanism
GOALS
Provide a clear, engaging sense of direction and specify what is to be accomplished
3
5/10/2012
Planning as a Linking Mechanism
GOALS
Provide a clear, engaging sense of direction and specify what is to be accomplished.
CONTROL
Monitor the extent to which goals have been achieved and ensure the organization is moving in the