Principles of Management - Organizational Planning

This document provides study materials related to Principles of Management - Organizational Planning. It may include explanations, summarized notes, examples, or practice questions designed to help students understand key concepts and review important topics covered in their coursework.

Students studying Management or related courses can use this material as a reference when preparing for assignments, exams, or classroom discussions. Resources on CramX may include study notes, exam guides, solutions, lecture summaries, and other academic learning materials.

cenarock
Contributor
4.2
53
about 5 hours ago
Preview (3 of 10 Pages)
100%
Log in to unlock

Page 1

Principles of Management - Organizational Planning - Page 1 preview image

Loading page ...

Study GuidePrinciples of ManagementOrganizational Planning1. Detailing Types of PlansPlanning is a core part of management. When managers create plans, they commit people,departments, and organizational resources to actions that will take place in the future. Good planshelp everyone understand what needs to be done and how their work contributes to the organization’ssuccess.How Goals Work Together: The MeansEnds ChainOrganizational goals are arranged in levels. Lower-level goals support higher-level goals. Whenemployees achieve smaller, specific goals, those accomplishments help the organization reach itsbigger objectives. This connection is called ameansends chainlower-level goals are the means,and higher-level goals are the ends.To guide this process, managers use different types of plans.1.1 Major Types of PlansManagers rely onthree main types of plans:Operational plansTactical plansStrategic plansThese plans work together. Operational plans support tactical plans, and tactical plans supportstrategic plans. In addition, managers also preparecontingency plansin case things do not go asexpected.1.2 Operational PlansOperational plans focus on the day-to-day work of the organization. They describespecific andmeasurable resultsexpected from departments, teams, and individual employees.Examples of Operational Goals“Process 150 sales applications each week”

Page 2

Page 3

Preview Mode

This document has 10 pages. Sign in to access the full document!