GMS 200 Lecture 5: Chapter 6_ Planning Processes and Techniques
2 Jul 2018
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Chapter 6: Planning Processes and Techniques
Outline
● Planning
● Types of plans
● Planning tools and techniques
Planning
●Planning → setting objectives and determining how to best accomplish them.
●Objectives → identify the specific results/desired outcomes that one intends to achieve.
●Plan → a statement of action steps to be taken in order to accomplish the objective.
● Steps in the planning process:
1. Define your objectives.
2. Determine where you stand vis-a-vis objectives.
3. Develop premises regarding future conditions.
4. Analyze and choose among action alternatives.
5. Implement the plan and evaluate results.
● Benefits of planning:
○ Improves focus and flexibility
○ Improves action orientation
○ Improves coordination
○ Improves time management
○ Improves control
Types of Plans
1. Short Range and Long Range Plans
○ Short range plans = 1 year or less
○ Intermediate range plans = 1 - 2 years
○ Long range plans = 3+ years
● People vary in their capability to deal effectively with different time horizons.
● Higher management levels focus on longer time horizons.
2. Strategic and Operational Plans
● Strategic plans → Set broad, comprehensive, and longer-term action directions for the
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Document Summary
Planning setting objectives and determining how to best accomplish them. Objectives identify the specific results/desired outcomes that one intends to achieve. Plan a statement of action steps to be taken in order to accomplish the objective. Steps in the planning process: define your objectives, determine where you stand vis-a-vis objectives, develop premises regarding future conditions, analyze and choose among action alternatives, implement the plan and evaluate results. Types of plans: short range and long range plans. Short range plans = 1 year or less. Intermediate range plans = 1 - 2 years. People vary in their capability to deal effectively with different time horizons. Higher management levels focus on longer time horizons: strategic and operational plans. 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.
