Planning Is One of the Critical Functions of Any Manager. with the Use of Examples, Discuss Why Plans Sometimes Fail.
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Q. Planning is one of the critical functions of any manager. With the use of examples, discuss why plans sometimes fail.
Table of Contents
1. Introduction....................................................................................................................................3
1.1 Planning……………………………………………………………………………………………………………………………………3 1.2 What is planning…………………………………………………………………………………………………………………….......3 1.3 The planning process…………………………………………………………………………….……………………………….......3
1.4 Types of plans in management...............................................................................................4
1.4.1 Strategic plan..............................……………………………………………………………………………………………..4
1.4.2 Tactical plan....………………………………………………………………………………………………………………………….4
1.4.3 Operation plan…………..………………………………………………………………………………………………….…………5
2. Why plans fail and relevant examples…………………………………………………………………………………………...6
3.Conclusion…………………………………………………………………………………………………………………………………….13
4. References…………………………………………………………………………………………………………………………………...14
INTRODUCTION
1.1 Planning
Planning is the most fundamental of the five management functions — planning, organizing, staffing, directing and controlling. All other functions stem from planning. Before a manager can tackle any of the other functions, he or she must first devise a plan.
1.2 What is planning?
1. Planning is deciding what objectives to accomplish, the actions to be taken in order to achieve them, the organizational position assigned to do them and who would be responsible for the actions needed. (Harriet & Christopher, 2012)
2. Planning is a basic management function involving formulation of one or more detailed plans to achieve optimum.
1.3 The planning process
a. identifies the goals or objectives to be achieved,
b. Formulates strategies to achieve them,
c. Arranges or creates the means required, and
d. Implements,...
Table of Contents
1. Introduction....................................................................................................................................3
1.1 Planning……………………………………………………………………………………………………………………………………3 1.2 What is planning…………………………………………………………………………………………………………………….......3 1.3 The planning process…………………………………………………………………………….……………………………….......3
1.4 Types of plans in management...............................................................................................4
1.4.1 Strategic plan..............................……………………………………………………………………………………………..4
1.4.2 Tactical plan....………………………………………………………………………………………………………………………….4
1.4.3 Operation plan…………..………………………………………………………………………………………………….…………5
2. Why plans fail and relevant examples…………………………………………………………………………………………...6
3.Conclusion…………………………………………………………………………………………………………………………………….13
4. References…………………………………………………………………………………………………………………………………...14
INTRODUCTION
1.1 Planning
Planning is the most fundamental of the five management functions — planning, organizing, staffing, directing and controlling. All other functions stem from planning. Before a manager can tackle any of the other functions, he or she must first devise a plan.
1.2 What is planning?
1. Planning is deciding what objectives to accomplish, the actions to be taken in order to achieve them, the organizational position assigned to do them and who would be responsible for the actions needed. (Harriet & Christopher, 2012)
2. Planning is a basic management function involving formulation of one or more detailed plans to achieve optimum.
1.3 The planning process
a. identifies the goals or objectives to be achieved,
b. Formulates strategies to achieve them,
c. Arranges or creates the means required, and
d. Implements,...