Planning

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Category: Business and Industry

Date Submitted: 12/06/2014 04:09 PM

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Steps in Basic Planning Process.

Abstract

The steps in the planning process are: 1.Setting Objectives- If management set long and short term goals for their company they are giving not only their employees something to refer to, they are establishing what management hopes to acquire in the near and far future.

2. Analyzing and Evaluating the Environments- The management team determines what resources available to them; manpower, supplies, finances, and company regulations/policies. If a company compiles a database with specific information about each of the resources above, they can be better prepared to plan out what events need to take place and how they are going to be achieved.

3. Identifying the Alternatives- Formulating a backup plan in case something comes up and hinders the original plan. This is having a list of contacts who can work late or on weekends to get tasks completed.

4.Evaluating the Alternatives- Having a plan on what to do if the set goals cannot be made in a timely manner; such as approve overtime and hiring temporary specialists to aid in completing the task at hand in a timely manner. It is also a good idea to have a backup on resources so that if a problem arises, there is financial stability to cover all expenses.

5. Selecting the Best Solution- Going through the best available plans managers may elect to think about each option and pick/decide which option is the best. Manager may consider combing two or more either in part of or in their entirety.

6. Implementing the plan – Once the plan has been completed, managers must now assign personnel in potions to accomplish the task in the schedule time allotted.

7. Controlling and Evaluating the Results. Once implemented the managers must control and be prepared to make any adjustments in the event the first choice is ineffective.

Implementation of any plan I consider to be the most important. Some managers pour all of their energy into ambitious planning efforts without giving...