MT140_Unit 4_Seminar Master - Welcome to MT140 Introduction...

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Welcome to MT140 Introduction to Management Professor Charles Fail Unit 4 Seminar – Organizing This seminar is being recorded
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Unit 3 Review Planning is one of the four primary functions of management. Planning involves a systematic process of making decisions about goals and activities that will be carried out by individuals, groups, and the organization. Successful management depends on an accurate and thorough evaluation of the organization’s environment.
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Unit 3 Review (Continued) The Planning Process Step 1. Analyze the Situation The Planning Process Step 2. Generate Alternative Goals and Plans The Planning Process Step 3. Evaluate Goals and Plans The Planning Process Step 4. Select Goals and Plans The Planning Process Step 5. Implement the Goals and Plans The Planning Process Step 6. Monitor and Control Performance
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File Names The Kaplan File Naming Convention YourName_Assignment_Unit# CharlesFail_Homework_Unit4 Notice that this is not: cfail or even charlesfail Notice that this is not assignment, or MT140 or others Beginning next unit, I will begin deducting points for incorrect file names.
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Levels of Planning and Goals Strategic Goals: Major long-term targets or results relating to the firm’s long-term survival, value, and growth. These are set by the firm’s highest level of management. Strategic Plans: Action plans to support the strategic goals. These usually cover the entire firm and are implemented by top management.
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Levels of Planning and Goals Continued
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