Management Process Flashcards
Foundations of management process
Mission
Goals
Objectives
Functions of management process
Planning
Organizing
Directing
Controlling
Setting goals and objectives, formulating policies to carry out objectives
Planning
should be performed to
determine both internal and external factors
SWOT analysis
INTERNAL FACTORS
- Strengths of the organization
- Weaknesses of the organization.
EXTERNAL FACTORS
3.Opportunities available to the
organization
4.Threats to the organization
Types of Planning
Short range or tactical planning
operational planning
strategic planning
cover a 1 to 5-year period and focus on tasks than can be completed in this time frame
Short range or tactical planning
may be for 1 year or one budget period and concerns operations
operational planning
maps put the course of an
organization for approximately 20 years.
strategic planning
It involves tactical and operational plans as well
as forming alliances and partnerships with key players (even competitors).
strategic planning
This type of planning is evaluated and modified yearly
strategic planning
Coordinating resources to achieve plans. Defining work relationships, including line of authority and workflow
Organizing
TIME-MANAGEMENT
STRUCTURE is based on
Authority
Responsibility
Accountability
-reorganizing work processes
-work flow diagram
Reengineering