Approaches to Planning Flashcards

1
Q

Inside out planning

A

Focus on doing what you already know how to do, but requires it to be done as best as it can be done.

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2
Q

Outside in planning

A

Analyze the external environment and make the internal adjustments necessary to exploit the opportunity.
(Mcdonalds apple slices)

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3
Q

Top down planning

A
  • Top/upper management sets the broad objectives.
  • Then allows lower management to make plans within these constraints.
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4
Q

Bottom up planning

A
  • Develop at lower levels of management without constraints.
  • Then passed on to upper management levels for approval.
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5
Q

Contingency planning

A
  • Involves ideas for alternative courses of action.
  • Back-up plan.
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6
Q

Problem solving process

A
  1. Finding and defining the problem.
  2. Analyze data and generate alternative solutions.
  3. Evaluation of alternatives and selection of the best/preferred solution.
  4. Implement the plan/solution.
  5. Evaluate the plan/solution.
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