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Planning
"the best methods and approaches for accomplishing organizational objectives."
Planning (Aldag and Stearns)
"the selection and sequential ordering of tasks required to achieve an organizational goal".
Planning (Cole and Hamilton)
"deciding what will be done, who will do it, where, when and how it will be done, and the standards to which it will be done."
Top Management Level
Strategic planning
Middle Management Level
Intermediate Planning
Lower Management Level
Operational Planning
STRATEGIC PLANNING
is the procedure of identifying the organization's key goals, as well as the policies and strategies for acquiring and utilizing resources to achieve those goals."
INTERMEDIATE PLANNING
The process of determining the contribution that subunits can make with allocated resources.”
Setting Organizational, Divisional, or Unit Goals
Provide a sense of direction to his firm.
Goals
Precise statement of results sought, quantified in time and magnitude, where possible.
Strategy
A course of action aimed at ensuring that the organization will achieve its objectives.
Tactics
Short term action taken by management to adjust to negative internal or external influences.
Determining resources needed
The quality and quantity of resources needed must be correctly DETERMINED.
Setting Standards
Standard
A quantitative or qualitative measuring device designed to help monitor the performances of people, capital goods, or processes.
Functional Area
Plans with time Horizon
Plans with Varied frequency of use
Marketing plan
Implementing and Controlling an organization’s marketing activities
Production Plan
The quantity of output a company must produce in broad terms and by product family
Financial Plan
Summarize, Analyzes and
Direction of Financial needs.
Human Resource Management Plan
Indicates the human resource needs of a company detailed in terms of quantity and quality.
Short range plans
Plans intended to cover a period of less than one year
Long range plans
Plans covering a time span of more than one year
Standing Plans
Used again and again and they focus on managerial situations
Single use plans
Unique and are unlikely to be repeated
Policies
broad guidelines and about recurring situations or function.
procedure
plans that describe the exact series of actions to be taken in a given situation.
rules
statement that either require or forbid a certain action.
Budgets
Projected expenditure for a certain activity and explains where the required funds will come from.
programs
designed to coordinate a large set of activities
Projects
Limited in scope that a program and prepared to support a program.
Plan
is a methodological way of achieving results
Organizing
the structuring of resources and activities to accomplish objectives in an efficient and effective manner.
Division of Labor
determining the scope of work and how it is combined in a job.
delegation of authority
the process of assigning various degrees of decision-making authority to subordinates.
department
the grouping of related jobs, activities, or processes into a major organizational subunits.
span of control
the number of subordinates who report directly to a manger
coordination
the linking of activities in the organizational that serves to achieve a common goal or objective.
Formal organization
details lines of responsibilities, authority, and position.
Organizational Charts
diagram of the organization’s official positions and formal lines of authority.
organizational manual
provides written descriptions of authority relationships, details the functions of major organizational units, and describes job procedures.
Policy Manuals
personnel activities and company policies
Informal Group
When membrs of an organization spontaneously form a group with friendship as a principal reason for belonging
Functional Organization
everyone engaged in one functional activity such as engineering or marketing, is grouped into one unit.
Product or market organization
refers to the organization of a company by divisions that brings together all those involved with a certain type of product or costumer.
Matrix organization
each employee reports to both a functional or division manager and to aproject or group manager.
Line authority
a manager’s right to tell subordinates what to do and then see that they do it.
Staff authority
a staff specialist’s right to give advice to a superior.
personal staff
those individuals assigned to a specific manager to provide needed staff services.
Specialized Staff
those individuals providing needed staff services for the whole organization.
Functional authority
a specialist’s right to oversee lower level personnel involved in that specialty, regardless of where the personnel are in the organization
Committee
is a formal group of persons formed for a specific purpose.
committee
is usually formed to provide the necessary line-up of exepertise needed to achieve certain objectives.
Ad hoc Committee
one created for a short-term purpose and have a limited life
Standing committee
it is a relatively permanent committee that deals with issues on an on going basis.