PLANNING PROCESSES AND TECHNIQUES
Why and how managers plan
The planning process
Benefits of planning
Importance of planning
Planning and time management
Develop premises regarding future conditions
Ananlyze alternatives and make a plan
Determine where you stand vis-a-vis objectives
Implement the plan and evaluate results
Define your objectives
Planning improves action orientation
Planning improves coordination and control
Planning improves focus and flexibility
Types of plan used by managers
Strategic and tactical plans
Operational Plans
Long-range and short-range plans
Policies and Procedures: standing plans like policies & procedures that are used over and over again
Budgets: single-used plans like budgets that apply to one specific tasks or time period
Implementing Plans to achieve results
Goal Alignment
Goal Setting
Participation and involvement
Planning tools and techniques
Scenario Planning
Benchmarking
Contingency Planning
Staff Planning
Forecasting
Measurable
Challenging
Timely
Attainable
Specific
Goals set everywhere in the organization should ideally help advance its overall mission or purpose
Conversation between team leaders and team members should result in agreement on
Goal Alignment: the process by which you keep your workforce working towards your company's overall goals
performance objectives for a given time period
Plans through which they will be accomplished
Standards for measuring whether they have been accomplished
Procedures for reviewing performance results
Improve performance results by improving both the quality of any plans made and the effectiveness of their implementation
When people partictipate in setting goals they gain motivation to work hard to accomplish them