MGMT 1 Chapter Notes - Chapter 7: Brainstorming, Swot Analysis, Strategic Planning
21 Jul 2016
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Document Summary
Management the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources. Planning a management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives. Organizing a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve organization"s goals and objectives. Leading creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization"s goals and objectives (known as directing) Controlling a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not. Vision an encompassing explanation of why the organization exists and where it"s trying to head.
