Management Planning Presentation Mgt 230 Essay Example
Management Planning Presentation Travis Williams
© BP 2006
Oil section
BP Statistical Review of World Energy 2007
© BP 2007
Functions of Management
Function of Management Steps:
1. Stick to a system approach the system the same way every time 2. Focus on the future with specific goals, i. e. , be specific and plan accordingly
3. All employees should be aware of the company’s goals and work together toward them. 4. Plans and goals should be as detailed as possible to avoid crisis situations.
5. In addition, to ensure that your company avoids a crisis, multiple strategies and plans should be on hand.
6. Formulate step by step plans, with goals for each step in the process.
7.Be sure to include all employees in decision making and planning
8. Throughout the project, assess the progress and collect feedback from all involved.
BP Statistical Review of World Energy 2007
© BP 2007
BP Planning Function
Goals & Objectives:
Gain respect Provide “clean” energy Avoid accidents. Reduce waste.
Specific Plans for Safety:
Open report policy Consulting agreement Legal compliance
Ongoing Assessments:
Constant Research, Assessments and Evaluations regarding investment issues
BP Statistical Review of World Energy 2007
© BP 2007
Steps for BP Planning Process
The utmost important step in the planning process is having an understanding of the timeline. BP has successfully managed its time, meeting goals and objectives in a timely fashion. This planning and efficiency has helped BP throughout. An additional step in the process that has allowed BP to be successful is its willingness to spend money to invest in the business and its ability to make that willingness known to the world. Evaluations has proven to be an essential tool, allowing the company to make sure a potential investment will be profitable.
BP Statistical Review of World Energy 2007
© BP
© BP 2006
Oil section
BP Statistical Review of World Energy 2007
© BP 2007
Functions of Management
Function of Management Steps:
1. Stick to a system approach the system the same way every time 2. Focus on the future with specific goals, i. e. , be specific and plan accordingly
3. All employees should be aware of the company’s goals and work together toward them. 4. Plans and goals should be as detailed as possible to avoid crisis situations.
5. In addition, to ensure that your company avoids a crisis, multiple strategies and plans should be on hand.
6. Formulate step by step plans, with goals for each step in the process.
7.Be sure to include all employees in decision making and planning
8. Throughout the project, assess the progress and collect feedback from all involved.
BP Statistical Review of World Energy 2007
© BP 2007
BP Planning Function
Goals & Objectives:
Gain respect Provide “clean” energy Avoid accidents. Reduce waste.
Specific Plans for Safety:
Open report policy Consulting agreement Legal compliance
Ongoing Assessments:
Constant Research, Assessments and Evaluations regarding investment issues
BP Statistical Review of World Energy 2007
© BP 2007
Steps for BP Planning Process
The utmost important step in the planning process is having an understanding of the timeline. BP has successfully managed its time, meeting goals and objectives in a timely fashion. This planning and efficiency has helped BP throughout. An additional step in the process that has allowed BP to be successful is its willingness to spend money to invest in the business and its ability to make that willingness known to the world. Evaluations has proven to be an essential tool, allowing the company to make sure a potential investment will be profitable.
BP Statistical Review of World Energy 2007
© BP