GMS 200 Chapter Notes - Chapter 6: Participatory Planning, Specific Performance, Scenario Planning

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Franklin Gorospe

Document Summary

Planning is the process of seing objecives and determining how to accomplish them. The planning process: deine your objecives, determine where you stand vis- -vis objecives, develop premises regarding future condiions, analyze alternaives and make a plan. Objecives are speciic results that one wishes to achieve. Plan - is a statement of intended means for accomplishing objecives. Complacency trap is being carried along by the low of events. Strategic plan ideniies long-term direcions for the organizaion. Vision clariies the purpose of the organizaion and expresses what it hopes to be in the future. Tacical plan helps to implement all of parts of a strategic plan. Funcional plans indicate how diferent operaions within the organizaion will help advance the overall strategy. Producion plans dealing with work methods and technologies. Financial plans dealing with money and capital investments. Faciliies plans dealer with faciliies and work layouts. Logisics plans dealing with suppliers and acquiring resource inputs.