The Management Planning Process

Описание: The basic management planning process consists of five steps: setting objectives, making basic planning forecasts, reviewing alternative courses of action, evaluating which options are best, and then choosing and implementing your plan. A plan shows the course of action for getting from where you are to the goal. Planning is always goal-directed.

In companies, it is traditional to view the goals from the top of the firm down to front-line employees as a chain or hierarchy of goals. At the top, the president sets long-term or strategic goals. Vice presidents then set goals for their units that flow from the president’s goal. Then their own subordinates set goals, and so on down the chain.

Policies and procedures provide day-to-day guidance employees need to do their jobs in a manner that is consistent with the company’s plans and goals. Policies set broad guidelines delineating how employees should act.