GMS 200 Chapter Notes - Chapter 6: Plano Real, Specific Performance, Goal Setting

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Masoomeh Moharrer

Document Summary

Planning sets the stage for the others by providing a sense of direction. It is the process of setting objectives and determining how best to accomplish them. Planning involves deciding exactly what you want to accomplish and how best to go about it. Importance of planning: planning creates a solid platform for the other management functions: organizing, leading, and controlling. Organizing-allocating and arranging resources to accomplish tasks. Leading-guiding the efforts of human resources to ensure high levels of task accomplishment. Implement the plan and evaluate results: planning is an ongoing process, good planning helps make us. Priority-oriented-making sure the most important things get first attention. Advantage-oriented-ensuring that all resources are used to best advantage. Change oriented-anticipating problems and opportunities so they can be best dealt with: benefits of planning, planning improves focus and flexibility. An organization with focus knows what it does best, knows the needs of it customers, and knows how to serve them well.