GMS 200 Lecture 6: GMS 200 - Chapter 6

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborahde Lange

Document Summary

Chapter 6 planning: planning is the process of setting objectives and determining how to best accomplish them, planning sets the stage for organizing, leading, and controlling by providing direction. The planning process: five steps in the systematic planning process, 1. Define your objective identify desired outcomes or results in very specific ways. Know where you want to go; be specific enough that you will know you have arrived when you get there, or know how far off the mark you are at various points along the way: 2. Determine where you stand vis- -vis objectives evaluate current accomplishments relative to the desired results. Know where you stand in reaching the objectives; know what strength work in your favor and what weaknesses may hold you back: 3. Develop premises regarding future conditions- anticipate future events. Generate alternative scenarios for what may happen; identify for each scenario things that may help or hinder progress toward your objectives: 4.