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Definition
the process of setting performance objectives and determining how to get them done. |
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Judging (personal Planning) |
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Definition
structural and formal (linear) |
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Perceiving (personal planning) |
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unstructured and informal (decide as you go) |
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Process of Planning (5 steps) |
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Definition
1. Define Objectives 2. compare current to objectives 3. compare future alternatives 4. Analyze alternatives/make plan 5. Implement and evaluate |
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4 components of good planning |
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Definition
1. action oriented 2. priority oriented 3. advantage oriented 4. change oriented |
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Term
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Definition
-priorities are key in planning - must start with most important stuff first |
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Planning hierarchy (5 components) |
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Definition
1. top mgmt obj 2. senior mgmt 3. middle mgmt 4. supervisory mgmt 5. workers |
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Definition
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Definition
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identifies long-term directions for the organization |
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operational/tactical planning |
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Definition
set out ways to implement a strategic plan |
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Definition
identifies how different parts of an enterprise will contribute to accomplishing, a strategic plan |
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Term
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Definition
a standing plan that communicates broad guidelines for decisions and actions |
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Definition
rules that precisely describe actions to take in specific scenarios |
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Definition
a plan that commits resources to projects or activites |
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Definition
allocates resources as if each budget was brand new (nothing guaranteed from past) |
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Term
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Definition
1. forecasting 2. contingency 3. scenario 4. benchmarking 5. participatory 6. goal setting |
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Forecasting (planning tool) |
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Definition
using statistical tools and intuition based on experience to predict a future state |
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contingency planning (planning tool) |
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Definition
identifying actions to take when a strategic or tactical plan must change based on circumstances (good or bad) |
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scenario planning (planning tool) |
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Definition
considering future scenarios and developing plans to address those issues |
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benchmarking (planning tool) |
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Definition
comparing your company to outside organizations both in our industry and in other businesses |
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participatory planning (planning tool) |
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Definition
including those impacted (customers) and or who will implement (employees) your plan in the process |
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Term
goal setting (planning tool) |
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Definition
developing clear quantified measures that guides an organization's and the individual's work -must be specific, timely, attainable, challenging, measurable |
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specific (goal setting component) |
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Definition
clearly target key results and outcomes to be accomplished |
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timely (goal setting component) |
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Definition
linked to specific time-ables and due dates |
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measurable (goal setting component) |
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Definition
described so results can be measured without ambiguity |
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challenging (goal setting component) |
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Definition
include a stretch factor that moves towards real gains |
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attainable (goal setting component) |
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Definition
although challenging, realistic and possible to achieve |
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Term
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Definition
a mobile gaming company, trying to leave facebook by going to the web. |
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Term
know shanghai disney planning |
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Definition
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