2nd Test Flashcards
Benefits of planning
Persistence Direction Motivation Creation of task strategies
Steps to rational decision making
- Define the problem 2. Identify decision criteria 3. Weight the criteria 4. Generate alternative courses of action 5. Evaluate each alternative 6. Compute the optimal decision
Pitfalls of planning
False sense of certainty Not adapting & Detachment of planners
Set goals S.M.A.R.T
Specific, Measurable, Attainable, Timely
Developing effective action plans
-how -who - with what - when
Tracking progress
-set -gather and provide -proximal goals -performance feedback - distal goals
Strategic plans
Clarify how the company will serve customers and position itself against competitors
Vision
An inspirational statement of an organization purpose
Mission
Over all goal that unifies efforts towards its vision stretches and challenges and possesses a finish line and time frame flows from vision
Bending in the middle
Tactical plan: how a company will use resources budgets and people to accomplish goals within its mission (6 month to 2 years)
MBO
Is a four step process
Operational plans
Are day to day plans for producing or delivering products and services over a 30 day to six month period
Using groups to improve decision making
Structured conflict, nominal group technique, Delphi technique, stepladder technique, electronic brainstorming
Delphi technique
Es la que consulta con un experto
Stepladder technique
Donde una persona le lleva la contraria a todos