Preview

Why Do Managers Plan?

Powerful Essays
Open Document
Open Document
2063 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Do Managers Plan?
Why do Managers Plan 1

Why do Managers Plan?

Management 301

Distance Learning

December 07, 2011

Why do Managers Plan 2 Why do Managers Plan? Strategic Planning This seems like a very cut and dry topic to discuss, but there is no single reason that a manager makes plans in the work environment. I will cover several areas in which managers use planning, and why it is an essential part of accomplishing tasks, and how it streamlines processes necessary for an organization to be successful. First, I will discuss strategic planning: strategic planning can also be referred to as “charting the course” for a business or organization. A central part of strategic management is performance measurement (Public Administration Review, December 2010). Unlike private sector business organizations, many government and public agencies have developed performance measurements without developing strategic plans. I think that this is primarily due to the infrastructure that is set in place in most government or public agencies, and the amount of red-tape that accompanies government ran agencies. Regarding the private sector, I believe that having a strategic plan to guide managers and leaders in the decision making process allows them to identify alternative steps or measures to take in the event that something in the business process changes that they have no direct control over. Managers who develop a strategic



References: Professional Article: Strategic Planning and Balanced Scorecards: Charting the Course to Policy Destination, Edward T. Jennings, Jr., University of Kentucky. Public Administration Review, dated: December 2010. Professional Article: Knowledge Management in Organizational Planning, Lynda M. Applegate, Tsung Teng Chen, Benn R. Konsynski, and Jay F. Nunamaker, Jr. Twentieth Annual Hawaii International Conference on System Sciences, Honolulu, Dated: January 6-9,1987 Multiproject Planning and Resource Controls for Facility Management, E. William East and Liang Y. Liu, dated: December 2006. Understanding the role of managerial agency in business benefits from ERP systems, Lorraine Staehr, La Trobe University, Dated: 2008. Production planning model with simultaneous production of spare parts, P. Cyplik, L. Hadas, and M. Fertsch, Poznan University of Technology, Poznan, Poland, Dated: April 2009.

You May Also Find These Documents Helpful

  • Good Essays

    In fast-food corporate America In-N-Out Burger has always remained family-owned. It had no stockholders to respond to and was able to invest in maintaining high standards of quality. Unlike its competitors the chain, with 258 stores presently, is able to retain its constant growth in sales, even in times of recession.…

    • 860 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Kaplan, R.S. & D.P. Norton. (1996). Using the balanced scorecard as a strategic management system. Harvard Business Review 74(1), 75-86.…

    • 4559 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    These plans are decided by management in a way to influence their expectations. These expectations can include how managers want their company to run, or how they want every employee to work together to create better outcomes for the company. These goals help the organization effectively. Goals are different in each position of management. If one part of management fails to implement their goals then most likely the goals of the other managers will fail as well. Working together as a team to help figure the importance of each plan will help impact the company in general. Strategic planning helps combine the functional areas of…

    • 1048 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    A comprehensive study of Joshua Arkwright & Sons, and the benefits they can expect to receive through an ERP implementation.…

    • 6013 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Kaplan, R. & Norton, D. (2007, July-August). Using the Balanced Scorecard as a strategic management system. Harvard Business Review. Retrieved from the ABI/INFORM database.…

    • 4099 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Planning is the foundation for the other functions as it lays the ground work for the initial ideas, goals, resources, and the overall means of achieving the goals. Managers use this formation of the plan to prepare for the future, predict future problems, and decide on actions to avoid problems and to beat the competition (Bateman & Snell 2007). Planning is the cornerstone of any business. It ensures the proper preparation for a business and leads to the success of the organization avoiding catastrophe and failure.…

    • 946 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The planning function of management controls all the planning that allows the organization to run smoothly. Planning involves defining a goal and determining the most effective course of action needed to reach that goal. Typically, planning involves flexibility, as the planner must coordinate with all levels of management and leadership in the organization. Planning also involves knowledge of the company’s resources and the future objectives of the business.…

    • 5485 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    ------, and ------. (1996a). ‘Using the Balanced Scorecard as a Strategic Management System '. Harvard Business Review 74 (1): 75-85.…

    • 2146 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Managers must be able to plan; otherwise they are not able to understand what they are working towards. Planning and thinking should be done at all levels of a business. A manager should communicate the plans that they have decided upon so that they have the opportunity to get input from other members of the organization. This will give a manager a complete view of their goals and will have received the constructive criticism that may be helpful. Planning is the "management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue in the future" (Schermerhorn, 2003, p. 15).…

    • 1058 Words
    • 5 Pages
    Better Essays
  • Better Essays

    To explore the concepts of Data, Information, and Knowledge independently is to attempt building a large and complex puzzle with only a few pieces from the box. While the relationships between these concepts can be as elusive as finding their universal definitions, it is within these relationships that data, information, and knowledge are most meaningful. In the broadest sense, data exists in the form of unorganized and raw facts about the environment that are collected and stored. When this stored data is transformed and processed into something more meaningful and organized, it becomes information. Perhaps most importantly, is knowledge: the collective information stored in the minds of people in organizations over time, and the “set of rules” they use to process that information to make decisions. Upholding the significance of knowledge as a resource is the Knowledge Based Theory of the Firm. Operating based on a few assumptions about the flow of knowledge within the organization; this theory holds knowledge as most strategically important of all the firm’s resources. The Knowledge Based Theory of the firm is also a fierce proponent of common knowledge, emphasizing that successful coordination within the organization relies largely on the presence of common knowledge between its members. At first glance, it seems this theory has completely overlooked the importance of data and information to the firm. But with deeper understanding it becomes apparent that knowledge – as well as information and data – are all largely present in the theory’s foundation.…

    • 1312 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Erp on Nestle

    • 3554 Words
    • 15 Pages

    The business case for implementing an ERP system can be seen by examining any one of three Nestle stories. Nestle SA is the parent company of the candy-making giant and is headquartered in Switzerland (Konicki, pg 185). In 2000 Nestle SA decided that it wanted to leverage its size and begin acting like the giant it is. To do so, it signed a $200 million contract with SAP to roll out an ERP system to its 230,000 employees in 80 countries around the world (Olson, pg. 53). In addition to this sum, Nestle SA also committed to an additional $80 million to be spent on consulting, maintenance, and upgrades (Konicki, pg. 185). Executives at Nestle SA realized that the company needed to standardize its business processes if it wanted to be competitive. The rollout was scheduled to take three years for Nestle SA’s largest sites with the others to follow. Included in the implementation were the mySAP.com financials, accounts payable, accounts receivable, planning, production management, procurement, direct procurement,…

    • 3554 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Everyone under management including managers gets direction from planning. It shows the path for everyone involved to accomplish and contribute to the goals of their organization. The efficiency of the organization is increased with planning. Planning helps managers to be proactive. Improper or no planning increases uncertainty in an organization because managers are not looking ahead or not being proactive. Redundant work will be reduced with effective planning.…

    • 932 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    THE MANAGEMENT PROCESSES AND FUNCTIONS PLANNING AND MANAGERIAL DECISION-MAKING A TOPIC PRESENTATION IN PARTIAL FULFILLMENT OF THE REQUIREMENTS IN MGT. 201 (THEORY AND PRACTICE OF MANAGEMENT) MANAGEMENT 201 GROUP II OUTLINE OF REPORT PLANNING Part I 1.…

    • 2616 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Planning in Management

    • 2281 Words
    • 10 Pages

    “Planning is deciding in advance what to do, how to do and who is to do it.…

    • 2281 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Planning is deciding in advance what to do and how to do. It is one of the basic managerial functions. Before doing something, the manager must formulate an idea of how to work on a particular task. Thus, planning is closely connected with creativity and innovation. But the manager would first have to set objectives, only then will a manager know where he has to go. Planning seeks to bridge the gap between where we are and where we want to go. Planning is what managers at all levels do. It requires taking decisions since it involves making a choice from alternative courses of action.…

    • 2205 Words
    • 9 Pages
    Powerful Essays