Robbins Chapter 8 Flashcards
Planning involves:
Defining the org’s goals, establishing strategies for achieving those goals, and developing plants to integrate and coordinate work activities
4 Reasons behind Planning:
- Provides direction, 2. Reduces uncertainty, 3. Minimizes Waste and Redundancy, 4. Establishes the goals or standards used in controlling
Goals(Objectives)
Desired outcomes/targets
Plans
Documents that outline how goals are going to be met
Types of Goals:
Stated Goals and Real Goals
Stated Goals
Official statements of what an org says, and what it wants its stakeholders to believe, its goals are. Often irrelevant to what actually goes on. Probably better represent mgmt’s PR skills than being meaningful guides to what the org is actually trying to acocmplish
Real Goals
Goals an organization actually pursues
Note: Page 207, Exhibit 8-1 is useful
N/A
Types of Plans
Strategic or Operational (Breadth), Long or Short term (Time Frame), Directional or Specific (Specificity), Single Use or Standing (Frequency of Use)
Strategic Plans
Plans that apply to the entire org and establish the org’s overall goals (broad)
Operational Plans
Plans that encompass a particular operational area of the org (narrow)
Long-term Plans
Those with a time frame beyond 3 years
Short-term Plans
Cover one year or less
Any time period in between Long-term and Short-term are ___
Intermediate Plans
Intuitvely, it would seem that ____ plans would be preferable to ____ plans. However, when uncertainty is high and managers must be flexible in order to respond to unexpected changes, ____ plans are preferable
specific, directional, directional
Specific Plans
Clearly defined and leave no room for interpretation. States objectives in a way that eliminates ambiguity and problems with misunderstanding