The Manager as a Planner and Strategist

The Manager as a Planner and Strategist -...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
The Manager as a Planner and Strategist October 21, 2008 Managerial Objectives and Planning Goals Depending on where you “sit,” your goals can be quite different Organization --- Maximize Profits Employees --- Higher Wages Customers --- Quality Products Owners --- Higher Dividends Management --- Promotions Goals and Strategies objectives for performance the successfully managing a business the planned method of reaching a goal is the “strategy” Purposes of Setting Goals provides direction, guidance and motivation assist in allocating resources helps to define corporate culture helps managers assess performance Goals vs. Objectives Goals:  long term desired results Objectives:  short term “rungs in the ladder” one must achieve in order to reach the long term  goal Setting Goals and Objs.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Specific  and  measurable Time  Oriented Realistic , yet  Challenging
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/17/2011 for the course ADM 1300 taught by Professor Koppel during the Spring '08 term at University of Ottawa.

Page1 / 4

The Manager as a Planner and Strategist -...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online