Planning is the process of setting goals and defining the actions required to achieve the goals. Planning begins with goals. Goals are derived from the vision and mission statements, but these statements describe what the organization wants to achieve, not necessarily what it can achieve. The organization is affected both by conditions in its external environment and its internal conditions. The planning process outlines how goals are to be met. This includes determining what resources will be Read More
Planning
You learned earlier that the four main functions of management are planning, organizing, leading, and controlling. Planning is the initial step that guides and informs all the others. It starts with clarity of purpose and goals formalized in the organization’s vision, mission, and values statements. These statements are the foundation for all activities in an organization and direct the behaviors of all the people in the organization. With a mission vision, and values solidly established, Read More
P-O-L-C Framework
A manager’s primary challenge is to solve problems creatively. While drawing from a variety of academic disciplines, and to help managers respond to the challenge of creative problem solving, the responsibility of management has long been categorized into the four major functions of planning, organizing, leading, and controlling (the P-O-L-C framework). These four functions are highly integrated when carried out in the day-to-day realities of running an organization. Therefore, you should not Read More