CHAPTER 2; PLANNING SKILLS

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The Inventory Management Process

Ved Linda ochoa

Discipline of Teams

Ved Marc Rosenberg

The True Story of the Three Little Pigs

Ved Tiffany Tripp

THE GOALS AND FUNCTIONS OF FINANCIAL MANAGEMENT

Ved Allison Villarreal

CHAPTER 2; PLANNING SKILLS

Single used plans

Projects

Budgets

Program

Standing plans

Rules

Procedures

Policies

Strategic Planning Process

SMART

Time bound (T)

Relevant (R)

Achievable (A)

Measurable (M)

Specific (S)

SWOT

Threats (T)

Opportunities (O)

Weaknesses (W)

Strengths (S)

Implement and control the strategies

Develop strategies

Set objectives

Analyze the environment

Develop the mission

Element Of Planning

Plans

Operational Plans

Strategic Planning

Goals

Financial Goals

Strategic Goals

Important Of Planning

Efficient and effective way

Minimum of problem

Period of time

Formalize objectives

Managers Engage In Planning To

Set the standards to facilitate control

Minimize waste and redundancy

Reduce the impact of changes

Provide direction

Planning Involves

Guiding and controlling the operations

Devising the means to achieve the results

Examine results the organization desires to achieve

Understanding the current situation

Define Planning

Manager coordinate organizational activities so the goal of the organization achieved.