What Is Planning In Business Management Essay Writing Road Rage

Essentially, strategic plans look ahead to where the organization wants to be in three, five, even ten years.Strategic plans, provided by top-level managers, serve as the framework for lower-level planning. As a top-level manager, Tommy must use strategic planning to ensure the long-term goals of the organization are reached.Try it risk-free This lesson will explain the four types of planning used by managers, including strategic, tactical, operational and contingency planning.

For example, when Martha, the middle-level manager at Nino's, learns about Tommy's strategic plan for increasing productivity, Martha immediately begins to think about possible tactical plans to ensure that happens.Managers find themselves planning for all sorts of things.So much so, that planning is one of the four major functions of management.Creating a monthly budget and developing a promotional advertisement for the quarter to increase the sales of a certain product are examples of how Frank would utilize single-use planning.Ongoing plans are those plans that are built to withstand the test of time.Operational planning activities for Frank would include things like scheduling employees each week; assessing, ordering and stocking inventory; creating a monthly budget; developing a promotional advertisement for the quarter to increase the sales of a certain product (such as the Hawaiian pizza) or outlining an employee's performance goals for the year.Operational plans can be either single-use or ongoing plans.Managers must plan the routine tasks of the department using a high level of detail.Frank, the frontline manager at Nino's Pizzeria, is responsible for operational planning.Have you ever heard the saying 'Those who fail to plan, plan to fail'?While I can't speak to all facets of life, this is certainly true in business.

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