How and why Managers plan
The process of setting objectives and determining how to accomplish them.
What is planning
It identifies long-term directions for the organization
What is a strategic plan
It attempts to predict the future
What is forecasting
It identifies lesons learned in a completed project, taskforce, or special operation
What is alter-action review
It is a process of joint objective setting between a superior and subordinate
management by objectives
A specific results that one wishes to achieve
What is an objective
It identifies activities to implement strategic plans
What is an operational plan
It identifies alternative courses of action to take when things go wrong
What is contigency planning
It measues performance results in terms of quantity, quality, cost, or time
What is output standards
It is the act of influencing behaviour through reprimand
What is discipline
The statement of intended means for accomplishing objectives
What is a plan
A standing plan that communicates broad guidelines for decisions and action.
What is a policy
It identifies alternative future scenarios and makes plans to deal with each
What is scenario planning
It measures work efforts that go into a perfromance task
What is input standard
It ties reprimands to the severity and frequency of misbehaviour
What is progressive discipline
Lower-level objectives help accomplish higher-level ones.
What is a means-ends chain
It precisely describes actions that are to be taken in specific situations
What is a procedure or rules
It uses external comparisons to gain insights for planning
What is benchmaking
It focuses attention on substantial differences between actual and desired performance
What is management by exception
It calculates the point at which sales revenues cover costs
What is Break even
Focuses on a logical decision-making approach and advocates a comprehensive approach to problem solving
What is Comprehenswive planning
Make sure that activities required to complete a priject are accmplished on time and correctly
What is project management
It includes the persons who will be affected by plans and/or who will implement them
What is participatory planning
It ensures that directions and resources are right before the work begins
What is feedforward control
It checks processes, materials, products, and services to ensure that they meet high standards
What is quality control