MGT+3304+Day+6_F2010+Planning

MGT+3304+Day+6_F2010+Planning - Planning Planning Virginia...

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Unformatted text preview: Planning Planning Virginia State Budget Learning Objectives Learning Objectives At the end of this discussion you should: – Describe the two objectives of planning – Describe what is true and not true about the relationship of planning to organization performance – Articulate the steps in strategic planning – Discuss the difficulties for planning in large organizations Planning Defined Planning Defined Defining the organization’s objectives or goals Establishing an overall strategy for achieving those goals Developing a comprehensive hierarchy of plans to integrate and coordinate activities Planning is concerned with ends (what is to be done) as well as with means (how it is to be done). Reasons for Planning Reasons for Planning Provide Direction – (what) Set the standards to facilitate control – (what and how) Minimize waste and redundancy – (how) Reduce the negative impact of changes – (what and how) Planning and Performance Planning and Performance...
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MGT+3304+Day+6_F2010+Planning - Planning Planning Virginia...

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