About This Chapter
Planning & Setting Business Goals - Chapter Summary
The material in this chapter goes over the steps for planning, setting, and achieving company goals. Supervisor-level staff who view these lessons will discover more about the following:
- Matching department goals with the goals of the organization
- Setting aside time for planning as part of all managerial actions
- Identifying obstacles and benefits that come from taking the time to make a plan
- Implementing different management planning strategies
The visual aids in the lessons highlight the stages involved in the planning process, and the instructor voice-overs explain how planning is the cornerstone of the goal-setting process. To assess the usefulness of this corporate training program, you can measure how much information your employees retained by having them answer the lesson quizzes. A chapter exam is also available to verify if your managerial employees truly grasp these concepts.
How It Helps
- Promotes accountability: Goals give employees targets, so teaching supervisors how to make detailed plans to achieve those goals will encourage them to be more accountable for following through with the plans they have created.
- Advances the organization's philosophy: Training managers to analyze the goals of the organization will ensure that any department goals they set will align with the company's overall vision.
- Identifies business needs: By learning how to make plans for achieving corporate goals, your supervisors will simultaneously recognize the needs of the organization in relation to how each goal will be achieved.
After your managerial staff completes this chapter, they will possess the skills to do the following:
- Apply tested methodologies to establishing and developing department goals
- Explain the connection between goal planning and the role of management
- Point out organization-specific hurdles that may impede the planning process
- Elaborate on how to use operational, strategic, tactical, and contingency planning strategies
- Determine how your organization could implement single-use plans, goal-setting policies, continuing plans, and other planning procedures
1. Setting Business Department Goals
Setting goals is an important part of organizational management. In this lesson, we'll look at a method that departments can use to develop goals that fit into the overall vision of their organization. A short quiz follows the lesson.
2. Practical Application: Setting Goals for Different Business Departments
One of the hallmarks of great organizational leadership is the ability to balance guidance and autonomy. One important tool for finding this balance is helping individual departments or business units set goals.
3. Planning as a Function of Management
In this lesson, you will learn the role of planning as a function of management. Discover the advantages of and barriers to planning, and how it is used to achieve organizational goals.
4. Types of Planning: Strategic, Tactical, Operational & Contingency Planning
This lesson will explain the four types of planning used by managers, including strategic, tactical, operational and contingency planning. Terms, such as single-use plans, continuing plans, policy, procedure and rule, will also be defined.
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