CHAPTER 2 : PLANNING

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CHAPTER 2 : PLANNING

PROBLEM SOLVING vs DECISION PROCESS *Problem sloving is the process of taking corrective action to meet objective. *Dicision making is the process of selecting a course of action that will solve a problem

DECISION STYLES * Reflexive decision making style. * Consistent decision making style.

PLANNING SHOULD BE

May cover a long- term or short term period

Factual , logical and realistic

Formally prepared

DEFINATION OF PLANNING

"Planning is the process of outlining the activities that are necessary to archive the goals of organization"- Lewis , Goodman & Fandt , 2001

"The process of determining in advance what should be accomplished and how it should be realized"- Mondy , 1993

GOOD PLANNING

SIX STEPS OF EFFECTIVE DECISION MAKING 1.Define the problem and opportunity. 2.Set objective and criteria. 3.Generate alternatives 4.Select the most feasible alternative. 5.Implement the decision. 6.Control the result.

SWOT ANALYSIS

It used to assess strength and weaknesses in the internal environment and opportunities and threats in the external environment.

S-Strength W-Weakness O-Opportunity T-Threats

POOR PLANNING

Generally considered to be the number one reason why individuals and organizations fail to archive their desired end result

BENEFITS OF PLANNING

* A 'road map' * Better coordination * A focus on foward thinking * more effective control system