S1L2. Management Functions: Planning

A process of defining an organizations direction, setting goals, and outlining strategies to achieve them

Organizational planning

Managerial Function: Planning:

• Vision & Mission

• Strategizing

• Goals and objectives

Importance of planning

• Improves future performance

• Minimizes risk and uncertainty

• Facilitates the coordination of activities

• Provides direction for action

• Identifies future opportunities and threats

• Set out standards for controlling

Types of organizational planning

STOC

• Strategic planning

• Tactical planning

• Operational planning

• Contingency planning

Types of organizational planning: __: Setting of broad, long range goals by top managers

Strategic planning

Types of organizational planning: __: A long term, systematic process by which an organization defines its direction, sets priorities and allocates resources to achieve its mission and vision

Strategic planning

Communicates the organizations reason for being, and how it aims to serve its key stakeholders

Mission

It also includes a summation of the firms values

Mission

Describes the organizations aspiration for the future

Vision

Play the role of a strategic “north star” providing focus and long term alignment

Vision

Vision: __: A specific date in the future by which the entity will determine if it has achieved the strategy and the vision

Time horizon

Usual time horizon

3-5 years

Vision: __: Singe or small set of measurable goals that can be objectively assessed for achievement

Measurability

Vision: __: A succinct statement of how the entity will effectively deliver its services, meet the needs of its clients, and achieve the vision

Unique approach

Guiding principles and beliefs that shape the orgs culture, behavior, and decision making

Core values

Vision includes

• Time horizion

• Measurability

• Unique approach

__: Who we are

Mission

__: What we value

Mission

__: What we want to become

Vision

__: How we will achieve our vision

Strategy

__: How we gauge our degree of success

Goals and objectives

READ

CRS VISION

We are an internationally acknowledged educational institution of experts producing nationalistic and globally-competitive Thomasian leaders in the field of rehabilitation sciences committed to quality healthcare services. We will be the standard for academic excellence, research and community service, the preferred school for rehabilitation sciences programs, the top performing school in licensure exams and the recipient of highest accreditation levels.

READ

CRS MISSION: To do this, we will:

1. Provide students the best Thomistic education that will enable them to deliver quality healthcare services.

2. Develop faculty and staff for teaching expertise and professional advancement to ensure productivity and job satisfaction and to promote harmonious environment.

3. Be champions of ethical generation and utilization of knowledge through research, responsive to the needs of the profession and the industry.

4. Promote self-reliance and resilience among our partner communities and institution through sustainable and research-based community health and rehabilitation programs.

5. Establish and maintain strong linkages with the alumni and provide opportunities for career growth and transfer of capabilities.

Types of organizational planning

Tactical planning

Operational planning

Contingency planning

Types of organizational planning:__: Identification of specific, short range objectives

Tactical planning

Types of organizational planning:__: Responsibility of middle/lower level managers to set and oversee tactical strategies

Tactical planning

Types of organizational planning:__: Setting of work standards and schedules

Operational planning

Types of organizational planning:__: Back up plans in case primary plan fails

Contingency planning

5 process steps of organizational planning

1. Strategic Plan

2. Tactical Plan

3. Operational Plan

4. Execute Plan

5. Monitor progress and adjust

Models of Planning Tools:

• SWOT

• Gantt chart

• PERT (Program evaluation review technique)

• Balanced Scorecard (BSC)

• Logic Model

__: Designed to be used in the preliminary stages of decision making

SWOT

__: Common tool in performance analysis and in evaluation studies

SWOT

__:Focus in the identification of strong and weak points within an organization and the analysis of opportunities for and threats to, furhter development

SWOT

SWOT: Internal analysis:

Strengths and Weaknesses

Internal Analysis: __: An internal characteristic that contributes substantially to the realization of the organizations mission

Strengths

Internal Analysis: __: An internal characteristic that threatens the function of the organization

Wekaness

External Analysis: __: An external fact of development that if taken advantage of, can substantially contrubute to the realization of the organizations mission

Opportunity

External Analysis: __: An external fact of development that has or can have a substantial negative effect on an organizations performance

Threat

READ