MGT 230
12/05/2012
Dr. Tamara Mangum
Individual Management Planning Presentation
Imagine you are an executive for BP, and you are preparing a presentation for the board of directors about the organization’s direction.
Create a 10- to 15-slide Microsoft® PowerPoint® presentation, with speaker notes, in which you address the following:
Evaluate the planning function of management as it relates to the organization’s goals and strategies. Use steps in the planning process outlined in the text.
Analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning at BP. Provide at least one example
for each.
Analyze at least three factors that influence the company 's strategic, tactical, operational, and contingency planning.
Format your paper consistent with APA guidelines.
http://www.scribd.com/doc/95091675/Management-Planning-Presentation
Planning Part of the management function that involves setting goals and deciding how to best achieve them is called planning. [ Setting goals and developing plans helps the organization to move in a focused direction while operating in an efficient and effective manner. Strategies or plans are then developed for moving the organization closer to its goals. Types of Planning There are four types of planning a company can use; strategic, tactical, operational and contingency planning. Planning is part of making a decision and a manager can use the following types of planning in making short and long term decisions for a company. Strategic Strategic planning is an “organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people” (Bradford & Duncan, 2000). Strategic planning is the formal consideration of an organization 's future course, usually anything that is a period of greater than three years. All strategic planning deals with at least one of three key questions: what do we do, for whom do we do it, and how do we excel. In business strategic planning, some authors phrase the third question as "How can we beat or avoid competition?" ]
Expert answered|wiwit|Points 532|
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