Concrete Masonry Corportation Case Study

Planning: The process of anticipating future events and conditions and determining the best way to achieve organizational objectives. Marketing Planning:

Planning is the process of setting goals and creating a plan for meeting those goals. The benefits of planning as seen by the research evidence is firstly, it provides a team with a direction for future actions. For example, in my team we did not have a direction on how to proceed thorough each stage, if it was better to move up or down, which made our team members losing interest. Furthermore, planning helps when there is a problem, because if we had a plan we can proactively address problems and their impact on the project or goal is reduced. For instance, a problem in our Everest simulation was when of our team members health was critical or if someone wanted to complete an individual goal, we spent a lot of time discussing on what to do

“Organizational Management and Leadership” defines planning as “the development of goals, which leads to the development of an overall strategy for achieving those goals. Planning can be performed at all levels of an organization. Supervisors are planning when a weekly work schedule is put together for hourly staff. Top executives are planning when they define the mission statement of the company and determine how the organization can maintain its competitive advantage.”

Planning consists of competitive moves and business approaches developed to attract, please customers, conduct operations, grow the business, gain competitive advantage, and achieve performance objectives (Huidan, 2011). There are three steps to planning. A manager must be able to decide what goals to pursue, the best strategy to achieve those goals, and how to use their available resources to achieve those goals as efficient as possible (Bethel University,

Planning: is the ability to manage the functions of an organization and take decisions that will bring good results in the present and the future, of the organization. It is the management decision-making of the goals to develop a good organization.

Planning is the foundation of all the functions of management upon which the other three areas should be built. During planning, management must evaluate the company’s current situation and then developing strategies to achieve these goals, this is called strategic planning.

The project manager has almost total authority over the members of her team in the projectized structure. She makes assignments and directs team members’ task efforts; she controls the project budget; she conducts team members’ performance assessments and approves team members’ raises and bonuses; and she approves annual leave.

Business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.

Within the various layers of the company there are different opinions about the added valie of long-term planning.

Any type of business development requires constant planning. The expression planning refers to defining the goals of the business

“A matrix organizational structure represents the middle ground between functional and project structures. Personnel often report both to a functional manager and one or more project managers” (Schwalbe, 2014). In the CDB project Corporate Banking, Corporate Trust, and Consumer banking involve to this project. Project Management Office is a good way to coordinate the contradiction between those divisions.

Glaister, K, W and Falshaw, J, R, 1999, ‘Strategic planning still going strong’, Long Range Planning,

Planning: It is an act of formulating a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined.

Planning provides a guideline for the members of an organisation to carry out their tasks according to the set objectives. The absence of planning can create ambiguity within the organisation.

Planning is a process of establishing a mission with clear goals as a means to achieve them. Good planning requires special skills and perspectives allowing decision-makers to understand the challenges they are facing and apply the most effective solution to a problem. In order to achieve success, one must plan accordingly. Planning can be short term or long term. Short term plans are done on daily basis and are easier to achieve than long term plans. Long term plans are also known as strategic plans and are used to achieve a long range vision or mission of a company. In both methods of planning, short term and long term, is necessary to achieve top notch results. Like in any other process, there are both benefits and pitfalls to a