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    Assignment: All About You: Chapter 5-Planning

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    Karina Gabriella Sanchez
    This document discusses planning, including defining planning as setting goals and determining how to achieve them. It outlines the key components of planning such as creating a plan document, business plan, strategy, and reasons for planning like allowing organizations to coordinate activities and think ahead. The document also discusses different types of planners, problems in planning, fundamentals of planning including mission/vision statements and strategic/tactical/operational planning. It covers creating standing and single use plans as well as using policies, procedures, and rules to achieve goals.

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    Assignment: All About You: Chapter 5-Planning

    Uploaded by

    Karina Gabriella Sanchez
    46 views12 pages
    This document discusses planning, including defining planning as setting goals and determining how to achieve them. It outlines the key components of planning such as creating a plan document, business plan, strategy, and reasons for planning like allowing organizations to coordinate activities and think ahead. The document also discusses different types of planners, problems in planning, fundamentals of planning including mission/vision statements and strategic/tactical/operational planning. It covers creating standing and single use plans as well as using policies, procedures, and rules to achieve goals.

    Original Description:

    Chapter 5 Notes for Administrative Management if you are using Connect from McGraw Hill

    Original Title

    Chapter 5- Planning

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    This document discusses planning, including defining planning as setting goals and determining how to achieve them. It outlines the key components of planning such as creating a plan document, business plan, strategy, and reasons for planning like allowing organizations to coordinate activities and think ahead. The document also discusses different types of planners, problems in planning, fundamentals of planning including mission/vision statements and strategic/tactical/operational planning. It covers creating standing and single use plans as well as using policies, procedures, and rules to achieve goals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    46 views12 pages

    Assignment: All About You: Chapter 5-Planning

    Uploaded by

    Karina Gabriella Sanchez
    This document discusses planning, including defining planning as setting goals and determining how to achieve them. It outlines the key components of planning such as creating a plan document, business plan, strategy, and reasons for planning like allowing organizations to coordinate activities and think ahead. The document also discusses different types of planners, problems in planning, fundamentals of planning including mission/vision statements and strategic/tactical/operational planning. It covers creating standing and single use plans as well as using policies, procedures, and rules to achieve goals.

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    © All Rights Reserved
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    of 12

    Chapter 5- Planning

    Thursday, March 14, 2019 11:44 AM

    • Planning- setting goals and deciding how to achieve


    them. It is also defined as coping with uncertainty by
    formulating future courses of action to achieve specified
    results. (Setting goals and determining how best to achiev
    them.)
    • Plan- is a document that outlines how goals are going to
    be met.
    • A Business Plan- a document that outlines a proposed
    firm’s goals, the strategy for achieving them, and the
    standards for measuring success.
    • Strategy- or what is known as a strategic plan, sets the
    long-term goals and direction for an organization.
    ○ There are lots of reasons to plan
    § Time
    § Check your progress
    Assignment: All about you
    Tell him your mission in life, Why do you exsist,
    Your vision, where do you want to go, what do you want to be
    ve 3 values that anchor your mission and vision in life.
    A good mission is saying what is different about you, what ma
    you stand out.
    An operational plan- day to day, week to week
    Tactical plan- Year goal
    Strategic plan- 5 year goal
    Everything should tie together.
    Due: April 2nd

    Exam is Thursday March 28th when we come back from spri


    break and he is reducing the exam to 2 chapters.
    Chapters in the exam:
    e?

    akes

    ing
    ○ There are lots of reasons to plan
    § Time
    § Check your progress
    § Allows you to coordinate activities
    § Helps you think ahead
    § Uncertainty
    ○ Planning creates rigidity
    ○ 4 Group of planners
    § Defenders-
    □ Do what we best and avoid other options.
    § Prospectors- coming up with new products in a
    new market
    □ We create our own opportunities.
    § Analyzers- Let other people dive in to the pool, le
    other people take that risk, we will follow whoever
    is in the market.
    § Reactors- We will wait till a major catastrophe
    before we do something
    ○ 3 kinds of problems of Adaptive cycle concept
    break and he is reducing the exam to 2 chapters.
    Chapters in the exam:
    Chapter 4 Global Management
    Chapter 5 Planning

    et
    r
    § Reactors- We will wait till a major catastrophe
    before we do something
    ○ 3 kinds of problems of Adaptive cycle concept
    § Entrepreneur- Looking a new products new marke
    to keep everything fresh,
    § Engineering-
    § Administrative- Establish roles relationships and
    processes.
    • Fundamentals of planning
    ○ Mission Statement- What is the reason this
    organization exists? The purpose of the organization.
    ○ Vision Statement- What do we want to become? Wher
    do we want to go? What is the vision. What we want
    to become.
    ○ Planning is how you get where you want to go and
    what you want to be.
    ○ 3 types of planning
    § Strategic- Planning to the next 1-5 years, Long ter
    goals.
    ets

    re

    rm
    § Strategic- Planning to the next 1-5 years, Long ter
    goals.
    □ Upper Managers
    § Tactical- usually a year to 18 months out, Looks at
    different work units and resources in the next 2
    years.
    □ Middle Managers
    § Operational planning- accomplishing tasks one or
    two weeks out.
    □ Lower level Managers
    ○ Standing plan- a plan that is developed for activities
    that happen repeatedly.
    ○ Single use plan- something comes up that prevents th
    standing plan to occur.
    • Planning has to do with goals, you can reach this goals by
    ○ Policy-
    ○ Procedure- a response to problems.
    ○ Rule-
    rm

    he

    y:
    ○ Procedure- a response to problems.
    ○ Rule-
    • Policies, procedures, and Rules create democracy.
    • Single us planning can be one of two things:
    ○ Program- Encorages a
    ○ Project- only
    • Goal setting-

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