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Class notes BUSI 1011 Management, Ch 8 ISBN: 9781119715061 CA$11.51   Add to cart

Class notes

Class notes BUSI 1011 Management, Ch 8 ISBN: 9781119715061

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Introduction to management Ch, 8. Planning process and techniques, steps in planning, types of plans used by managers, planning tools, goal alignment

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  • February 9, 2023
  • 3
  • 2022/2023
  • Class notes
  • Dr. john kimberly
  • All classes
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Management Ch. 8
Planning Process and Techniques

Why and How Managers Plan
↳ Planning - The process of setting objectives and determining how best to accomplish
them
↳ Objectives and goals - Identify the specific results or desired outcomes that one intends to
achieve
↳ Plan - A statement of action steps to be taken in order to accomplish the objectives

Steps in the planning process
↳ Define your objectives
↳ Determine where you stand vis-à-vis objectives
↳ Develop premises regarding future conditions
↳ Analyze alternatives and make a plan
↳ Implement the plan and evaluate results




Benefits of planning
↳ Improves focus and flexibility
↳ Improves action orientation
↳ Improves coordination and control
↳ Improves time management

Personal time management tips:
↳ Do say “no” to requests that distract from what you should be doing
↳ Don’t get bogged down in details that can be addressed later
↳ Do screen telephone calls, emails, and meeting requests
↳ Don’t let drop-in visitors, text messaging use up your time
↳ Do prioritize your important and urgent work

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