RECR 301 Lecture Notes - Lecture 7: Strategic Planning, Eval, Rational Basis Review

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Management functions begin w/planning: planning: process of deciding wat needs to be done by whom/when. Analyzing the sit. , forecasting vents, est. obj. , setting priorities, deciding which actions are needed to achieve obj. The strategic-planning process: strategic planning: process of est. goals/making decisions that enable org. to achieve long-/short-term obj. Inability to create vision/devel. plans is sure route to failure . Mission statements & visioning: mission statement: statement of org. basic phil. , purp. , reason for being. Beginning step for strategic planning: visioning: mgmnt view of wat company should become reflects firm"s core values, priorities, goals. All managerial levels perform the planning function: magnitude of manager"s plans depends on level @ which those plans are carried out. Wider @ top-level narrows down for supervisors: involves looking into future/eval. past, certain aspects of planning call for specialized help. Supervisor takes time to think thru nature/amount of wrk assigned to dptmnt.

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