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8 Cards in this Set
- Front
- Back
Planning
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-the decision making process that focus on the future of the organization and how it gets where it wants
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Steps in the Planning Process
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1. setting goals
2. identifying opportunities 3. Identifying constraints (SWOT) 4. generating alternative courses of action (bench marking) 5. establishing performance criteria 6. evaluating and selecting alternatives 7. presenting a plan document 8. approval and implementation |
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Strategic Planning
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-the plan that leads the direction of the total organization and its units will take over the long run
-takes place at the top level of management -cover long time frame -links organization and environment |
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Mission and Mission Statement
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-set a business apart
-reveals organizations product or service, markets, customers, and philosophy -produces foundation for priorities, strategies, work assignment, ect. |
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Tactical/Operational Planning
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-day to day operations
-planning and budgeting -means to an end |
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Budgeting
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-reflection of a plan in monetary terms
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Stated Goals
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-official announcements of what an organization says and what is wants
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Real Goals
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-different organizations may have different real goals but looks to attain similar stated goals
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