Benefits of Planning

Description

3 Benefits of Planning Principles of Management
Charmaynetay
Flashcards by Charmaynetay, updated more than 1 year ago
Charmaynetay
Created by Charmaynetay about 9 years ago
14
0

Resource summary

Question Answer
BENEFITS OF PLANNING (3) 1. Helps managers be future oriented 2. Helps to coordinate decisions 3. Helps to develop a coordinated sense of direction
Helps managers be future oriented Have to identify opportunities, anticipate and avoid problems
Helps to coordinate decisions Requires managers to think of organisation as a whole Rather than independent parts Must understand the interrelationships of the different parts of the organisation
Helps to develop a coordinated sense of direction Through managers and staff coming together in planning, they develop a sense that they have the "same objectives"
Show full summary Hide full summary

Similar

Preparing for Presentations
Micheal Heffernan
Introduction notes on SCRUM Project management framework.
Wesley Thomson
Unit 3.4: Effective People Management
nk_
How to Turn Business Failure into Business Success
Micheal Heffernan
Management Skills: MOTIVATION
Ciara Mooney
Leadership vs. Management
Fahima Noori
What is strategy?
wightrose
MGT chapter 15
Bailey N
chapter 14 management
Rigo Sanchez
Top Down Strategy (Pros and Cons)
wightrose
chapter 4 business introduction
Rigo Sanchez