Busniness

1,How to make a plan that works:

1,Set goals 2,Develop commitment, 3,Develop effective action plan 3,Track progress 4,Maintain flexibility 5,Revise existing plan or begin new planning process

2,Benefit of planning

1) intensified effort

* Manager and employees put forth greater effort when following a plan.

2) Persistent

* Working hard for long periods even when there may be little chance of short-term success.

3) Direction

* Plans encourage managers and employees to direct their persistent effort towards activities that help accomplish their goals and away from activities that do not.

* 4,Pitfalls of planning

1) impedes change and adaption

* Sometimes,companies become so committed to achieving the goals set forth. That they fail to see that their plans aren’t working or that their goals need to change.

2) False sense of certainty

* Planner sometimes feel that know exactly what the future holds for their competitors,suppliers and their companies.however,all plans are based on assumptions.

3) Detachment of planner

* In theory,strategic planners and top level managers are supposed to focus on the big pictures and not to concern themselves with the details of implementation.Detachment leads planner to plan for things they don’t understand.

* 5,Seeds to rational decision making

* Step1:Define the problem

* -Problem exists when there is a gap between a desined state and an existing state.

* -be aware of gap

* -be motivated to reduce the gap.

* -have the knowledge,skill and abilities,and resources to fix the problem.

* Step2:Identify decision criteria.

* -standards used to guide judgments and decisions.

* Step3:Weight the criteria

* -absolute comparisons:each criteria is compared to a standard or ranked on its own men.

* -Relative comparisons:each criteria is directly compared to every other ariteria

* Step4:Generate alternative

* -The idea to generate as many...