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Foundations of Planning (Compare and contrast approaches to goal setting…
Foundations of Planning
Discuss the nature and purposes of planning
Managers engage in planning to:
Reduce the impact of change
Minimize waste and redundancy
provide direction
Set the standards to facilitate control
Explain what managers do in the strategic management process
Identify the organization's current mission,goals and strategies
SWOT Analysis
Formulate Strategies
Implement Strategies
Evaluate Results
Discuss contemporary issues in planning
environmental scanning
Compare and contrast approaches to goal setting and planning
MBO programs
participative decision making
an explicit time period
goal specificity
performance feedback
Setting goals
Evaluate available resources
Determine the goals individually or with input from others
Review the organization's mission and employees' key job tasks
Make sure goals
Link rewards to goal attainment
Build in feedback mechanisms to assess goal progress