Chapter 7(NMM) - NMM AEM 1200 Intro to Bus Mgmt Chapter 7 Management Leadership and Employee Empowerment Functions of management Planning o Process

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NMM – AEM 1200 Intro to Bus Mgmt Chapter 7: Management, Leadership and Employee Empowerment Functions of management Planning o Process of setting objectives to meet the organizational goals o Difference between goals and objectives = goals are broad, long-term  achievements, whereas objectives are specific, short-term plans o SWOT analysis = strengths, weaknesses, opportunities and threats o Four types of planning Strategic   broad, long-range planning that outlines the goals of the  organization Tactical   specific, short-term planning that lists organizational  objectives Operational   part of tactical planning and involves setting specific  timetables and standards Contingency   developing an alternative set of plans in case the first set  doesn’t work out o Decision making process Define the situation Describe and collect needed information Develop alternatives Develop agreement among those involved
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This note was uploaded on 08/28/2009 for the course AEM 1200 taught by Professor Perez,p.d. during the Fall '06 term at Cornell University (Engineering School).

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Chapter 7(NMM) - NMM AEM 1200 Intro to Bus Mgmt Chapter 7 Management Leadership and Employee Empowerment Functions of management Planning o Process

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