Basic Guidelines for Successful Planning Process

In order for me to describe the goals and objectives of my organisation I need to understand the difference between the two.

An aim is a long-term goal of which takes short – term goals to achieve this which are called objectives.

What components should be included in the planning efforts and the final plan? How are operational plans defined, and what do they contain?

The challenge in planning is that planning is essentially forecasting future actions and events. Most

Goals are integral in helping the company set timelines for fulfilling their core mission (Balanced Scorecard Institute, 2014). The division will focus on goals that focus on the generation of new ideas and how long it takes for these ideas to become business successes. As such, long term and short term goals must be clearly outlined.

Ross (1941) recommends that the objectives and goals setting are a vital concept in planning in acquiring information and data to maintain the accomplishments of effectiveness.

1. Strategies: A business strategy is the means by which it sets out to achieve

Objectives are how you achieve your goals within a business, they are smaller sections of the goal which overall help to achieve it. Policies help keep things in place, policies also keep staff in the right direction of the objectives and eventually achieve the goals.

According to Meyer, (2010), strategy is the action that company can take to achieve its desired goals. When it comes to a company, thinking can be said to be either long-term or short-term. When translated into action, it is what is called operations or projects. However there are differences between operations and

Strategic planning involves making decisions about the organization’s long-term goals and strategies and how the organization decides to implement their goals (Bateman, Snell, Konopaske, pg. 113). Strategies help organizations to have a clear perspective on how to go about accomplishing the goals they have in place. All organizations have a clear vision of what their mission and purpose as a company is, they know how to fulfill the mission, vision, and purpose and they know how to ensure that they accomplish all their goals. However, the route the organization takes to define these things determines how effective they will be.

Is the process and the first function of management, which is the basis for other administrative functions. Planning is a continuous process that involves determining the way things go.

Goals and objectives both describe things that an organisation aims to achieve or desired outcomes of work. However, they differ in terms of time frame, clarity and the effect they have.

Planning focuses on objectives and when the objectives are well defined, tasks can be delegated, and resource requirements met, so that individuals within the organisation may be able to achieve their goals.

Objectives are an organization 's performance targets—the results and outcomes management wants to achieve. They function as yardsticks for measuring how well the organization is doing.

1. Planning – Planning involves mapping out exactly how to achieve a particular goal. This is the first component of management. A manager needs to determine what the organisations goals are and how to achieve them. Setting objectives for goals and following up on the execution of the plans are two critical components of planning