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MGT3100%2007class%20ch5%20and%2015%20planning%20and%20controlling

MGT3100%2007class%20ch5%20and%2015%20planning%20and%20controlling

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MGT 3100 – G. MGT 3100 MANAGEMENT AND BEHAVIORAL SCIENCES Kennesaw, 11/11/11 Dr. Gaia L. Marchisio MANAGING THE PLANNING PROCESS
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At the end of the sessions you should: Understand the starting point of the planning process and why it is important Be better able to identify the different parts of a plan, without getting confused Know the relationship between planning and controlling Learning objectives MGT 3100 – G. Marchisio
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Where are we… MGT 3100 – G. Success = effective and efficient IT DEPENDS!!!
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MGT 3100 – G. Project planning and management What is planning Types of planning Planning process Benefits and pitfalls HAT HO Chapter 5 Overview: Planning
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MGT 3100 – G. Chapter 16 Overview: Controlling Why it is needed How to establish standards and measure performance Controlling is defined as monitoring performance, comparing it with goals, and taking corrective action as needed How to implement control: levels and areas 1. Physical 2. Human resources 3. Informational 4. Financial 5. Structural 6. Cultural Important financial tools 1. Budget 2. Ratio analysis
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Unformatted text preview: 2. Ratio analysis 3. Audits How to continue improving quality TOTAL QUALITY MANAGEMENT How to be effective in controlling 1. Strategic & results oriented 2. Timely, accurate, & objective 3. Realistic, positive, & understandable & encourage self-control 4. Flexible SETTING OBJECTIVES PLAN & PLANNING ASSESSMENT OK KO “ALL in 1” TO INCREASE FINANCIAL RESOURCES BY RAISING 500$ BY MARCH 20TH OR TO INCREASE THE NPO MANPOWER BY GETTING 6 VOLUNTEERS (THAT WILL WORK WITH THE ORGANIZATION ON A REGULAR BASE) BY MARCH 15TH PLAN & PLANNING OBJECTIVES ACTIONS ASSESSMENT OK KO CONTINGENCY PLAN Need options to make sure to “get there on time” To increase the likelihood of being successful: one goal: several actions FEED-FORWARD CONTROL CONCURRENT CONTROL FEED-BACK CONTROL PLAN & PLANNING OBJECTIVES ACTIONS RESOURCES GUIDELINES IMPLEMENTATION LEADING TO RESULTS ASSESSMENT OK KO CONTINGENCY PLAN Planning process Plan...
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