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Chapter 5 Presentation

Chapter 5 Presentation - Principles of Management Chapter 5...

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07/02/2007 Chapter 5 - Essentials of Planning 1 Principles of Management Principles of Management
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07/02/2007 Chapter 5 -  Essentials of Planning 2
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07/02/2007 Chapter 5 -  Essentials of Planning 3 Learning Objectives After studying the chapter, you should be able to: Document how planning contributes to business success. Summarize a general framework for planning and apply it  to enhance your planning skills. Describe the nature of business strategy. Explain how business strategy is developed, including  performing a SWOT analysis. Identify fourteen different business strategies. Explain the use of operating plans, policies, procedures,  and rules. Present an overview of management by objectives
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07/02/2007 Chapter 5 -  Essentials of Planning 4 Leads to  improved productivity  and  performance  and helps  control the future .   An analysis of 26 studies reveals that companies  engaged in  strategic planning
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