Preview

planning and controlling

Better Essays
Open Document
Open Document
1125 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
planning and controlling
PLANNING
To establish and operate an effective organization, all managers perform several major functions or activities. These functions enable managers to create a positive work environment and to provide the opportunities and incentives. The key management functions include

-Planning
-Organizing
-Directing
-Controlling.

Each of these functions are critical to the success of any manager and organizations.

The primary function of the four is PLANNING.

Planning is the process of analyzing the situation, determining the goals/ objectives that will be pursued in the future, and deciding in advance the actions that will be taken to achieve the goals.

The following are the steps involved in PLANNING PROCESS

1.Reviewing the current operation situation.

2. Conducting the current operation strengths/ weaknesses.

3. Studying the External environmental factors affecting the operation.

4. Studying the expectations of the operations.

5. Determine the opportunities for improvements/growth and negatives constraints.

6. Based on the above analyses, determine the goals and objectives for the operation for the future period.

7. Based on the objectives, determine your strategy how you are going to achieve the objectives.

8. Based on the strategy, determine the action plans that has to be implemented.

9. Your action plan will determine the resources required
- manpower
-finance
-materials
10. Finally a system to monitor the plan/its progress.

PLANNING is the most challenging, because functionally it provides

1.opportunity to determine the environmental impact on the organization / business.

2.opportunity to assess the organization 's strengths/ weaknesses.

3.opportunity to determine the business opportunities/ threats to business.

4.opportunity to develop strategic plans for the company.

5.opportunity to develop long term/short term plans.

6.opportunity to develop a vision for the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    BSBMGT402A ASSESSMENT 2

    • 2090 Words
    • 9 Pages

    1. What are KPIs and how can KPIs contribute toward the success of operational plans?…

    • 2090 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    BPS 6310 Spring 15

    • 2800 Words
    • 14 Pages

    interests include the effects of regulations on strategic decisions in industries such as the insurance…

    • 2800 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    1. Create or describe a strategy for your firm, as operationalized by Collis and Rukstad. Be sure to be comprehensive and specific when separately describing your objective/scope/advantage and the subcomponents of each one. As a final portion of your answer, append and describe the activity-system map of your firm. [Figure 1]…

    • 3509 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    According to Bateman and Snell (2009), “the effective and efficient management of all four functions of management is the key to being a good manager.” To accomplish this task, a manager must master and apply all four functions (planning, organizing, leading and controlling) of management on a regular basis.…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Plan Management

    • 1329 Words
    • 4 Pages

    Project Management Plan Employee Incentive Program CPMGT/301 October 13, 2014 Project Management Plan Attracting skilled employees is often important and often difficult. Employers face major challenges when they consider the increasing difficulty of finding skilled people every company should have an employee incentive program if it is sales and especially for university enrollment advisors because they are the ones that bring business into the university. The project scope of Title IV of the Higher Education Act of 1965 strict accreditation regulations and laws prevent the university from offering bonuses to employees who enroll students. The work breakdown structure for the employee incentive program consists of activities/attributes, milestones stakeholders, stakeholders needs, tools and techniques. Activities/attributes Create a list of creative ideas Have employees take a survey once a year Boost employee morale and set a goal for employees Provide a positive working environment Retain employees Diversity of activities Develop skills and potential Employees need to be more involved and engaged Communication to employees Milestones Approval of incentive program Incentives must follow rules/regulations Responsibilities Personal growth Stakeholders University, Student, Employees Rewards are financial and non-financial Submit ideas to stakeholders because then they will know what works best Recognize and reward employees Days off Company outings Paid vacations Stakeholders needs University needs money Employees need incentives rewards, appreciation Students need education Tools Techniques Direct approach networking Employees plus number of students who enroll Merit Increase Salary increase is based on the number of students the employee enrolls Use of an organizational chart to understand roles responsibilities Tell your employees how well they are doing Employee parking for the month The employer and the employee have to have a balanced…

    • 1329 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Fedex Operation Mangement

    • 550 Words
    • 3 Pages

    Describe the nature of operations process given your newfound understanding of operation management and productivity:…

    • 550 Words
    • 3 Pages
    Good Essays
  • Good Essays

    4) What are three strategies from chapter 7 that could be useful in thinking about how to move forward with this…

    • 891 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Planning

    • 5587 Words
    • 23 Pages

    Look at the mark allocation to help you decide what to write. Remember ‘Explain’ for 2 marks means give a reason then use so to elaborate it.…

    • 5587 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    "How management manages and leads employees has changed dramatically over preceding decades and will continue to evolve in the future"…

    • 2989 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Planning

    • 4339 Words
    • 18 Pages

    My placement is in local residential care home in Ayr. For completion of graded unit project I have selected a client who has a permanent colostomy and an attachment of colostomy bag at the site. A colostomy means a surgical opening into the colon. This project includes three stages called planning, development and evaluation of a practical activity where I will change a colostomy bag.This client is of 78 years old lady who has been cared for last six months and was transferred from Ayr General Hospital. Due to permanent colostomy bag attachment at the site her normal movement altered and as a result of this normal movement got a diversion. So she is required to change the bag from time to time. This changing of bag will minimize the risk of infection and tissue integrity. The constant moisture condition may aggravate the condition, so it’s important to maintain her hygiene and promote independence. While the bag is attached at the site an extra care has to be taken that the bag is well sealed and not leaking at all. As due to leakage she may have low self esteem, so the social need could be hindered. As a result of her existing condition she is totally confined to the specific area Around her .This affects her normal social life and she is emotionally depressed. In order to lift her emotional need it is necessary to talk to her from time to time and to give her a brief history of same types of clients and their prognosis. While I went through the client’s medical notes I kept that information confidential as Nursing and Midwifery Council states that you must treat information about patients and clients as confidential and use it for the purpose for which it was given (NMC-2004).I found that she had a poor educational background. As a result it took time for me to explain the medical terminology but I found she was much interested to learn so I could state that her cognitive need is moderate. By talking to number of relatives I came to know that she belongs to a…

    • 4339 Words
    • 18 Pages
    Good Essays
  • Satisfactory Essays

    1. What is the Disney Difference and how will it affect the company’s corporate, competitive, and functional strategies?…

    • 343 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Planning

    • 1954 Words
    • 8 Pages

    3. TMA 1 contributes - 15% towards the total grade. 4. The deadline for TMA 1 is on 25 August 2012 before 1200 hours. 5. This is an individual assignment. No duplication of work will be tolerated.…

    • 1954 Words
    • 8 Pages
    Satisfactory Essays
  • Better Essays

    7. Strategy and Implementation: Be specific. Include management responsibilities with dates and budgets. Make sure you can track results.…

    • 1044 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Planning

    • 414 Words
    • 2 Pages

    2yourself a lot of time, and possibly avoid having your care plan returned to you…

    • 414 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Garments Internship Report

    • 12067 Words
    • 49 Pages

    • To identify the imperative process of production those are the basis of garments manufacturing.…

    • 12067 Words
    • 49 Pages
    Powerful Essays

Related Topics