Implementing The Organization's Goals, Objectives, And Resources

1480 WordsOct 28, 20146 Pages
Today’s shaky economy provides no guarantees that new businesses will be effective or will survive in a highly competitive market. Startup companies must have a solid road map or organizational plan to successfully launch and then, sustain through turbulent times. This plan is a top-down view of the organization’s goals, objectives, and resources. Organizational plans are not random thoughts on a piece of paper, rather they are detailed requirements devised by management on how to best introduce the company and to stay in business. A company’s plan must be structured and comprehensive. In other words, the plan must be organized. The organizing process is the method managers must follow to develop a plan that defines how the company will meet its short-term and long-term objectives. The organizing process consists of five steps that establish the foundation of the company. The five steps are reviewing plans and goals, determining jobs, grouping activities, assigning the work and authority, and lines of decision making (Plunkett, Allen & Attner, 2013). These five steps when completed correctly create the game plan for how a company will reach its goals, execute assigned tasks and meet their mission (Plunkett, Allen & Attner, 2013). The first step in the organizing process requires managers to review company plans and goals. Leaders and managers are charged with establishing goals and objectives for the company. Without them, a company has no purpose or reason to
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