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.
2
Q
Outside in planning
A
Analyze the external environment and make the internal adjustments necessary to exploit the opportunity.
(Mcdonalds apple slices)
3
Q
Top down planning
A
- Top/upper management sets the broad objectives.
- Then allows lower management to make plans within these constraints.
4
Q
Bottom up planning
A
- Develop at lower levels of management without constraints.
- Then passed on to upper management levels for approval.
5
Q
Contingency planning
A
- Involves ideas for alternative courses of action.
- Back-up plan.
6
Q
Problem solving process
A
- Finding and defining the problem.
- Analyze data and generate alternative solutions.
- Evaluation of alternatives and selection of the best/preferred solution.
- Implement the plan/solution.
- Evaluate the plan/solution.