Module 2 Flashcards
- Developing pathway(s) to accomplish the organization’s mission and goals using resources and time
- Thinking and analyzing portion of management process
planning
what is the hierarchy of planning
- strategic
- tactical
- operational
- contingency
- process by which high level decisions are made
- designed and executed by top-level managers
- usually based on long-term projections
- maps out the course of an organization for approximately 20 years
strategic planning
- deciding on the objectives of the organization and the need to modify existing objectives if appropriate;
- allocating resources to attain these objectives; and
- establishing policies that govern the acquisition, use, and disposition of these resources
strategic planning
aka short range planning
* covers a 1-5 year period
tactical planning
- supports strategic plans
- consists of the detailed, day-to-day operations needed to meet the immediate needs
tactical planning
- works towards meeting the long-term strategic goals that have been set
- responsibility and functionality of middle-level managers
tactical planning
- made by low-level managers
- focused on specific procedures and process
- may cover one year or one budget period
operation planning
- made when something unexpected happens
- helpful in circumstance that call for a change
contingency planning
what are the steps in management planning
- identifying goals
- evaluating the current situation
- establishing a time frame
- setting objectives
- forecasting resource needed
- implementing the plan
- creating feedback mechanisms
it is a broad, long-term, ambition of the organization
goal
a specific, short-term standard that allows the manager to achieve the desired goal
objective
what does SMART stand for
specific, measurable, achievable, realistic, timely
- Written goals allow all employees to work toward a common result.
- Questioning process
- Where, or what, does the institution wish to be
identifying goals
Knowing where you are and how you got there is essential in determining where you are going
evaluating the current situation
- key element in determining if a plan is realistic
- set an acceptable period in which to achieve goals
establishing a time frame
- 4 basic characteristics of a good objective:
1. Clearly defined and understood
2. Obtainable and realistic
3. Has a strict time period in which it is to be accomplished
4. Measurable - Objectives are written using action verbs.
setting objectives
- Deliberation of current resources and obtaining additional assets
- Principle vehicle for accomplishing this task is development of laboratory’s budget
Forecasting Resource Needs
Working with and through people
Tools of Persuasion
- Allocation of financial resources through budgeting
- Process of staffing and scheduling, or job assignments
tools of control
A. tools of persuasion
B. tools of control
implementing the plan
requires collecting data for evaluation
creating feedback mechanism
is a program for managing an organization by setting and monitoring performance objectives
management by objectives
steps to implements an MBO program
- managers must set the goals and objectives
- objectives should be shared with the staff
- Manager and each employee must meet and come to a mutual agreement on the goals and objectives of the individual