Phases of Management

RUNNING HEAD: THE PHASES OF MANAGEMENT PLANNING

Effective Planning

Travis Green

University of Phoenix

The Phases of Management Planning

Many factors affect the planning processes in organizations. There are multiple steps that need to fall into place during the planning process of a company. These steps include: situational analysis, alternative goals and plans, goal and plan evaluation, goal and plan selection, implementation, and monitor and control. Like any plan that is being put together all steps are critical and must be followed for the plan to be successful. Managers at all levels need to be vigilant in their leadership and ensure that each of these critical steps are adhered to.

As with any planning, there are multiple factors that can affect the process. The organizations management and their priorities have a profound effect on the planning process. The organization and management have to assess the priorities during the goal and planning step. Depending on what the mission or priority of the organization is will determine which direction the company is going to go. This could include bottom line margin, product reliability, overall customer satisfaction, employee payroll among other things. Once priorities are established, they like other things may need to be addressed at a later date. Factors may change throughout the course of year which will cause the necessity for the organizations priorities to change as well. Constantly addressing this factor will help the company to continue to stay on track and be successful.

Situational analysis during the planning phase is crucial. For instance the organization and Senior Management need a good analysis of the current economic state. They must consider the economy during the planning phase because if the current status of the economy is in a flux or state of disparity the company may have to re-assess their priorities and goals. The economy is the number one factor...