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Foundations of Planning (Discuss the nature and purposes of planning (What…
Foundations of Planning
Discuss the nature and purposes of planning
What is Planning?
Reasons for Planning
Criticisms of Formal Planning
Formal Planning and Organizational Performance
Explain what managers do in the strategic management process
Strategic Management
The Importance of Strategic Management
Stability and Renewal Strategies
Stability strategy
Organization continues to do what it’s doing
Renewal strategy
Organization addresses declining organizational performance
Retrenchment
Turnaround
Strategic Weapons
Customer service
Employee skills & loyalty
Innovation
Quality
Social media
Big data
Compare and contrast approaches to goal setting and planning
Management by Objectives
Participative decision making
Explicit time period
Goal specificity
Performance feedback
Types of Plans
Strategic
Tactical
Discuss contemporary issues in planning
Contemporary Issues
Planning in dynamic environments
Environmental scanning