Customer Satisfaction And Sustained Growth Of Shareholder Equity

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

“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: 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.

Breaking each one of these into more details can show the level of value each one has in the analytical world. The SWOT analysis is most often used in the beginning stages of a company. The main area of focus is the external and internal factors to identify where the best opportunities for improvement are. The SWOT tool also helps point out danger areas and where improvements can be made.

SWOT analysis is a tool used to help organization leaders and managers summarize the organization’s

A manager is not just a team leader to me but, a planner, organizer, coach, problem solver, motivator, and decision maker. A manager’s schedule is typically full with employee meetings, unexpected issues, policy sessions, and other miscellaneous tasks that may arise throughout the day. In the day to day business world, a manager has to use the planning function. As stated in our book, “managers use the planning function to choose appropriate organizational goals and identify courses of action to best reach those goals” (Reilly, Minnick,& Baak, 2014).

2.2.2.1 Planning. This function involves visualizing the expected future and putting it in writing. It is a process that goes from the general and vague to the specific and concrete. In this order, planning involves the formulation of a mission, a vision, goals, strategies and tactics, programs, forecasts, budgets, procedures, policies, and rules (Terry,

Planning is the first function; Managers make use of planning to choose suitable business objectives and make out the right strategy to attain their objectives. It takes vigilant planning to make any business run at its total capacity and achieve the objectives set. Implementing planning function is element of each function of management; it is the base to construct a fruitful business. With no careful planning, and structure, a business by no means survives. Our AT&T store manager presented a set of objectives in the plan that was protracted in great feature it was a plan of action, not just words to attain the objectives.

Planning: Planning is a systemized way of relating to the future. It is an attempt to mange the effects of external, uncontrollable factors on the firm’s strengths, weaknesses, objectives, and goals to attain a desired end.

Organizing is identifying what jobs need to be done, and hiring the qualified people to do them.

Planning is considered to be a primary function of management. All organisations operate in a complex, dynamic and competitive business environment, and therefore, have to plan their actions without which they may not be able to survive.

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

What is organizing? Organizing means arranging the activities in such a way that they systematically contribute to enterprise goals. An organization consists of people whose specialized tasks are coordinated to contribute to the organization's goals.

Careful planning is the first step in successful management. Planning helps the organization to prepare themselves for external pressures like monetary issues, personnel deficit and technical advancements (Barr,2008). Along with planning, Managers should also be able to efficiently organize, guide and control their staff. They should be able to handle huge amounts of data for future evaluation and manipulation to help the organization achieve their goals.