GIANT LECTURE FROM 15 TO 24!!!

GIANT LECTURE FROM 15 TO 24!!! - Planning

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Planning Determining how to use the organization’s resources Identifying the objectives to be attainted and the ways to realize them What is a Plan? -Detailed course of action -Covers specific activity -Specifies goals and short term objectives -Specifies human and material resources -Specifies methods -Specifies time period Why Plan? -Focuses attention on objectives and goals -Offsets (to a degree) uncert. And change -Minimizes costs through efficiency of operations -Forces managers to be creative -Helps integrate short with long term plans -Facilitates managerial control Why is Planning is Important Good planning provides -Participation -Sense of direction & purpose -Coordination -Control Figure 5.1 Three Steps in Planning Types of Plans Strategic: -Broad plans
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-Prepared by top level managers Tactical: -Short term plans -born from a strategy Operational: -Very detailed -Short ranged plans Strategy Formulation -Analyzing current situation to develop strategies to achieve the mission -Accomplished by  SWOT analysis -Organizational Strengths and Weaknesses. -Environmental Opportunities and Threats The Management Process A series of activities developed to allow a business to achieve their goals: -Planning -Organizing -Leading -Controlling Managing Organizational Culture Organizing How to use existing resources to implement the plan Principles of Organizing Urwick 10 principles of blah blah blah -Objectives -Specialization -Coordination
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-Principle of Authority -Responsibility -Definition -Parity of Authority and Responsibility -Span of Management -Balance -Continuity – homeostasis Types of Departments -Function (Marketing, Finance, Accounting, Human resources) -Product (Chev., Pontiac, Buik, Cadillac) -Geography (East, West, North, South) Organizational Culture and Change Organizing Culture Organizing culture -A collection of values, norms, & behavior shared by workers. -Controls the way workers interact with each other. Levels of Culture 2 Levels 1) Visible -See culture through its artifacts: what you see, hear and feel when you are within an  organization.        2)    Invisible level of cultural
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GIANT LECTURE FROM 15 TO 24!!! - Planning

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