Chapter 8 Planning Process and Techniques

Personal Time Management Tips

- DO say "no" to request that distract from what you should be doing - DON'T get bogged down in details that can be addressed later - DO screen telephone calls, emails, and meeting request - DON'T let drop-in visitors or instant messaging use up your time - DO prioritize your important and urgent work - DON'T become calendar bound by letting others control your schedule - DO follow priorities; do most important work and urgent work first

Long range plans

look 3 or more years into the future - Long-rage(term) planning is important and requires conceptual skills

Short range plans

typically cover 1 year or less

5 steps of planning process

1. Define your objectives 2. Determine where you stand in relation to objectives 3. Understand future conditions 4. Analyze alternatives and make a plan 5. Implement the plan and evaluate results

Forecasting

Attempts to predict the future

Tactical Plans

Help implement all or parts of the strategic plan

Scenario Planning

Identifies alternative future scenarios and makes plans to deal with each.

Contingency Planning

Identify alternative courses of action to take when things go wrong

Operational Plans

Identify short-term activities to implement strategic plans

Involvement Planning

If possible, Participants should be involved in all steps of the planning process.

Functional Plans

Indicate how different operations within the organization will help accomplish the overall strategy (Production, Financial, Marketing, Logistics, Facilities)[All plans]

Stretch Goals

Performance targets that one must work extra hard and stretch to reach

Strategic Plans

Set broad, comprehensive, and longer-term action directions for the entire organization

SMART GOALS

Specific (Desired outcomes clear to anyone) Measurable (No doubt they're accomplished, or missed) Attainable (Realistic, possible to accomplish) Relevant Timely (Linked to due date and timetable)

Best Practices

Things people and organizations do that lead to super performance

Benchmarking

Use of external and internal comparisons to plan for future improvements

Participation Planning

when ppl participate in setting goals, motivation is increased