Planning

FOUNDATIONS OF PLANNING © Prentice Hall, 2002 7-

Learning Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Learning Objectives (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

What Is Planning? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Why Do Managers Plan? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Why Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

How Do Managers Plan? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Stated Objectives © Prentice Hall, 2002 7-

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Types Of Plans Breadth Strategic Operational Specificity Directional Specific Frequency of Use Single use Standing Time Frame Long term Short term © Prentice Hall, 2002 7-

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Specific Versus Directional Plans © Prentice Hall, 2002 7-

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Traditional Objective Setting © Prentice Hall, 2002 7- Individual Employee’s Objective Top Management’s Objective Department Manager’s Objective Division Manager’s Objective “ Increase profits, regardless of the means” “ I want to see a significant improvement in this division’s profits” “ We need to improve the company’s performance” “ Don’t worry about quality: just work fast”

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Planning In The Hierarchy Of Organizations Top Executives Middle-Level Managers First-Level Managers © Prentice Hall, 2002 7- Strategic Planning Operational Planning

How Do Managers Plan? (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Contemporary Issues In Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Contemporary Issues In Planning (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Contemporary Issues In Planning (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],© Prentice Hall, 2002 7-

Planning

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