Foundations of planning
7 important questions on Foundations of planning
What is the difference between a real and a stated goal?
How does traditional goal setting work?
Which 6 steps do managers have to follow in the setting of goals?
- review the mission statement and make sure the goals are in line with the employees tasks
- evaluate the resources, make sure the goals are challenging but realistic
- make sure the goals are congruent with the mission and goals of other departments, the goals must be specific, measurable and include a time frame
- make sure they are well written and communicate them to all who need to know
- build in a feedback system to see how goals progress
- link rewards to goal attainment
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What are the 4 criteria on how to recognise different plans?
-time frame (long >3y vs short<1y)
- specificity (directional (flexible) vs specific( clarity) )
- frequency of use (single use (unique situation) vs standing(repeatedly) )
What are the 3 contingency factors that affect in the choice of planning?
- degree of environmental uncertainty: when uncertainty. is high plans should be specific but flexible
- length of future commitment: when a company makes plan they have to tak einto account the future expenses generated by that plan
What is a formal planning department?
What is a better way to do planning instead of the formal planning department?
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