Professional Documents
Culture Documents
Foundations
of Planning
Reasons
for Planning
Can’t Be Done in a
Dynamic Environment
Criticisms of
Can’t Replace Intuition
Formal and Creativity
Planning Focus on Today’s
Competition
Reinforces
Success
Robbins et al., Fundamentals of Management, 4th Canadian Edition
©2005 Pearson Education Canada, Inc. FOM 5.7
Does Planning Improve
Performance?
Financial results
Environmental concerns
Short-Term Long-Term
Plans Plans
Flexibility
General Directional Plans High
Robbins et al., Fundamentals of Management, 4th Canadian Edition
©2005 Pearson Education Canada, Inc. FOM 5.11
Single-Use
vs. Standing Plans
Unique Ongoing
Situations Operations
Organizational
Objectives
Divisional
Objectives
Departmental
Objectives
Individual
Objectives
2 3 Note 6 Reassess
Analyze
Threats and Mission
Environment
Opportunities
7&8
4 5 Note Strategies
Analyze
Weaknesses
Resources
and Strengths 9 Evaluate
Results
Robbins et al., Fundamentals of Management, 4th Canadian Edition
©2005 Pearson Education Canada, Inc. FOM 5.18
Starting the
Process
Mission Strategies
Objectives
Competitive
Intelligence
SWOT
Opportunities Threats
Analysis
Weaknesses
Organization’s Opportunities in
Resources the Environment
Organization’s
Opportunities
Robbins et al., Fundamentals of Management, 4th Canadian Edition
©2005 Pearson Education Canada, Inc. FOM 5.22
Grand Strategies
Growth
Stability
Retrenchment
Combination
Cost
Differentiation
Leadership
Focus
Quality As
ISO 9000 and
A Strategic ISO 14000
Weapon
Six Sigma
Compare Determine
project Estimate
with
completion time for
objectives
date activities
Determine
additional resource
requirements
Robbins et al., Fundamentals of Management, 4th Canadian Edition
©2005 Pearson Education Canada, Inc. FOM 5.31