CDNS 1000 Lecture Notes - Lecture 1: Scenario Planning, Human Resources, Participatory Planning

26 views2 pages

Document Summary

Strategic plans- set broad, comprehensive and longer-term action directions for the entire organization. Operational plans- define what needs to be done in specific areas to implement strategic plans. Standing plans- policies and procedures that are designed for repeated use. Policy- broad guidelines for making decisions and taking action in specific circumstances. Rules or procedures- plans that describe exactly what actions are to be taken in specific circumstances. Single-use plans- only used once to meet the needs and objectives of a well-defined situation in a timely matter. Budgets- single-use plans that commit resources to activities projects or programs. Projects- one-time activities that have clear beginning and end points. Making assumptions about what will happen in the future. Quantitative forecasting uses mathematical and statistical analysis. Planning involves deciding on how to deal with the implications of a forecast. Identifying alternative courses of action that can be implemented to meet the needs of changing circumstances. Increases organizations flexibility and preparation for future shocks.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents