ADM 1100 Chapter Notes - Chapter 9: Plans

• School: University of Ottawa
• Department: Administration
• Course: ADM 1100
• Professor: Andrea Ghawazzi

Document Summary

Planning involves defining goals, establishing a strategy to achieve those goals, and developing a specific plan to integrate and coordinate the work needed to achieve those goals. Higher profits, higher return on assets, etc. Planning is associated with positive financial results. Classify the types of goals organizations might have and the plans they use. Planning is the primary management function because it establishes the basis for all other things managers do as they organize, lead, control. As managers plan they develop goals and plans. measured. Two aspects are involved goals and plans. Guide management decisions and form criteria in which work results are. Plans: documents that outline how goals are going to be met. Financial goals related to the financial performance of the organization. Strategic goals related to all other areas of an organization"s performance. Staged goals official statements of what an organization says, and what its stakeholders believe its goals are.