253210
Description
Mind Map by Jay Davalos, updated more than 1 year ago
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Created by Jay Davalos
over 10 years ago
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Managerial Planning & Goal Setting
- Operational Goals
- A specific, measurable result that is expected from departments,
work groups, & individuals
- A specific, measurable result that is expected from departments,
work groups, & individuals
- Contingency Plans
- Identifies important factors in the environment and defines a range of alternative
responses to be taken in the case of emergencies, setbacks, or unexpected conditions.
- Identifies important factors in the environment and defines a range of alternative
responses to be taken in the case of emergencies, setbacks, or unexpected conditions.
- decentralized planning
- An approach where top executives or planning experts work with
managers in major divisions or departments to develop their own
goals and plans.
- An approach where top executives or planning experts work with
managers in major divisions or departments to develop their own
goals and plans.
- mission statement
- A broadly stated definition of the organization’s basic business
scope and operations that distinguishes it from similar types of
organizations.
- A broadly stated definition of the organization’s basic business
scope and operations that distinguishes it from similar types of
organizations.
- Management by means
(MBM)
- An approach that focuses people on the methods and processes used to attain results,
rather than on the results themselves.
- An approach that focuses people on the methods and processes used to attain results,
rather than on the results themselves.
- Scenario Building
- An approach where managers look at trends and discontinuities and imagine possible
alternative futures to build a framework within which unexpected future events can be
managed.
- An approach where managers look at trends and discontinuities and imagine possible
alternative futures to build a framework within which unexpected future events can be
managed.
- Standing Plans
- An ongoing plan used to provide guidance for tasks that occur repeatedly in
the organization.
- An ongoing plan used to provide guidance for tasks that occur repeatedly in
the organization.
- Goal
- A desired future state that the organization wants to realize.
- A desired future state that the organization wants to realize.
- Strategic Plans
- Action steps by which an organization intends to
attain strategic goals.
- Action steps by which an organization intends to
attain strategic goals.
- Operational Plans
- Specifies the action steps toward achieving operational goals and supports
tactical activities.
- Specifies the action steps toward achieving operational goals and supports
tactical activities.
- Strategic Goals
- A broad statement of where an organization wants to be in the future. Pertains to
the organization as a whole rather than to specific divisions or departments.
- A broad statement of where an organization wants to be in the future. Pertains to
the organization as a whole rather than to specific divisions or departments.
- Mission
- An organization’s purpose or reason for existence.
- An organization’s purpose or reason for existence.
- Plan
- A blueprint specifying the resource allocations, schedules, and other actions necessary for
attaining goals.
- A blueprint specifying the resource allocations, schedules, and other actions necessary for
attaining goals.
- Tactical Plans
- Designed to help execute major strategic plans and to accomplish a specific part of a company’s strategy.
- Designed to help execute major strategic plans and to accomplish a specific part of a company’s strategy.
- Planning
- The management function concerned with defining goals for future
performance and how to attain them.
- The management function concerned with defining goals for future
performance and how to attain them.
- Strategy Map
- A visual representation of the key drivers of an organization’s success, showing the cause-and-effect
relationship among goals and plans.
- A visual representation of the key drivers of an organization’s success, showing the cause-and-effect
relationship among goals and plans.
- Stretch Goals
- A reasonable yet highly ambitious and compelling goal that energizes people and inspires excellence.
- A reasonable yet highly ambitious and compelling goal that energizes people and inspires excellence.
- Tactical Goals
- The outcome that major divisions and departments must achieve for an organization to reach its overall
goals.
- The outcome that major divisions and departments must achieve for an organization to reach its overall
goals.
- Single-Use Plans
- A plan that is developed to achieve a set of goals that is unlikely to be repeated in
the future.
- A plan that is developed to achieve a set of goals that is unlikely to be repeated in
the future.
- Management-by-Objectives
(MBO)
- A method whereby managers and employees define goals for every department,
project, and person and use them to monitor subsequent performance.
- A method whereby managers and employees define goals for every department,
project, and person and use them to monitor subsequent performance.
- Intelligence Team
- A cross-functional group of people who work together to gain a deep understanding of
a specific competitive issue and offer insight and recommendations for planning.
- A cross-functional group of people who work together to gain a deep understanding of
a specific competitive issue and offer insight and recommendations for planning.
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