Ch10 - MODULE 10 PLANSAND PLANNI NG TECHNI QUES How and why do managers plan What types of plans do managers use What are some useful planning

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MODULE 10 PLANS AND PLANNING TECHNIQUES “Goals and objectives get you there faster”   How and why do managers plan? What types of plans do managers use? What are some useful planning tools and techniques?
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PLANS AND PLANNING TECHNIQUES Planning MODULE GUIDE 10.1 Planning is one of the four functions of  management.  Planning sets objectives and identifies how  to achieve them.  Planning improves focus and action  orientation.  Planning improves coordination and control.  Planning improves time management. 
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PLANS AND PLANNING TECHNIQUES Planning Planning  The process of setting objectives and determining how to accomplish them.
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PLANS AND PLANNING TECHNIQUES Planning Objectives  Specific results that one wishes to achieve. Plan A statement of intended means for accomplishing objectives. Stretch Goal Performance targets that we have to work extra hard and stretch to reach.
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PLANS AND PLANNING TECHNIQUES Planning Steps in the Planning Process   Step 1. Define your objectives Know where you want to go; be specific enough to know you have arrived when you get there and how far off you are along the way. Step 2. Determine current status vis-à-vis objectives Know where you stand in reaching the objectives; identify strengths that work in your favor and weaknesses that can hold you back. Step 3. Develop premises regarding future conditions and generate
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This note was uploaded on 09/23/2010 for the course MGMT 3031 taught by Professor C during the Spring '09 term at UH Clear Lake.

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Ch10 - MODULE 10 PLANSAND PLANNI NG TECHNI QUES How and why do managers plan What types of plans do managers use What are some useful planning

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