GMS 200 Chapter Notes - Chapter 06: Time Management, Canadian Business

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Horatio Morgan

Document Summary

Gms 200 chapter 06 planning process and techniques. Implement the plan and evaluate the results take action and carefully measure your progress toward objectives. Planning in conditions such as ethical expectations, government regulations, operating ef ciencies, new technology, etc has a number of bene ts for both organizations and individuals. These bene ts include: (1) improves focus and flexibility. An organization with focus knows what it does bests, knows the needs of its customers, and knows how to serve them well. An individual with focus knows where they want to go in a career, situation, or life overall. Flexibility in an organization allows change and adaptation to changing environments (2) improves action orientation. A way for organizations to stay ahead of the competition. Keeps the future viable as a performance target. Helps avoid the complacency trap (simply being carried along by the ow of events)