GMS 200 Chapter Notes - Chapter 8: Scenario Planning, Strategic Planning, Participatory Planning

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

management process resources to achieve performance objectives (management functions) planning, organizing, leading, controlling the use of. planning: process of setting objectives & determining how to accomplish them. organizing: allocating/ arranging resources to accomplish tasks. controlling: monitoring task accomplishments and taking necessary corrective action. Leading: guiding efforts of human resources to ensure high levels of task accomplishment. Planning to set the directions decide where you want to go, how to do that. Controlling to ensure results measure performance, take corrective action. objectives: specific results one wants to achieve. plan: statement of intended means (action steps) for accomplishing objectives. Generate alternative scenarios for what may happen, identify things that may help/hinder progress toward your objectives: analyze and choose among action alternatives i. (list/evaluate possible actions. Describe step-by-step what"s to be done to follow chosen action. ) Implement the plan and evaluate results i. ( take action, measure progress towards objectives.