Planning 1
This statement describes the desired future position of the company.
Vision
This statement is used by a company to explain, in simple and concise terms, its purpose(s) for being.
Mission
What is planning?
Planning establishes the routes of action.
•Objectives
•Mission
•Vision
•Values and principles
•Strategies
What is organizing?
This stage involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives.
division of labor
grouping jobs and employees
delegation
They are the guiding principles that provide an organization with purpose and direction. They help companies manage their interactions with both customers and employees.
Organizational Values
Who Should a Mission Statement Target? (There are three primary audiences)
First, your customers
Second, your employees
Third, your potential business investors
At which step can alternatives be identified based on the
Step 4 Identification of Alternatives
What activities are carried out in step number 2?
Similar tasks and activities should be grouped together
Managers create departments within the company and divisions within each department.
What are the types of organizational values?
Corporate stewardship
Market values
Financial Values
Team values
Artistic Values
What are the planning premises?
They are the anticipated environment in which plans are expected to operate.
This is the step at which the plan is adopted – the point of decision making.
Step 6. Choice of Alternative
Explain the last step of the organizing process.
The manager must ensure that all activities carried out by employees and groups are well coordinated.
What are the steps in the planning process?
What are the categories of premises?
What is the contingency plan?
It is the plan that can be implemented in changing situations.
The organization stage has a process with 4 steps
What are those steps?
1. Identification of activities
2. Departmentally organizing the activities
3. Classifying the authority
4. Coordination between authority and responsibility