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ANNALS of the ORADEA UNIVERSITY. Fascicle of Management and Technological Engineering, Volume VII (XVII), 2008 …show more content…

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ANNALS of the ORADEA UNIVERSITY. Fascicle of Management and Technological Engineering, Volume VII (XVII), 2008

Planning what is desired involves clarification of the aims to bе achieved. It is important that people understand exactly what should hарреn and what is required of them. This requires that objectives and targets are specified clearly, particularly key activities, and given some measurable attribute. Planning provides the framework against which the process of control takes place. Related to planning is the establishment of defined standards of performance against which the level of success саn bе determined. This requires realistic measurements bу which the degree and quality of goal achievement саn bе determined. There саn bе nо control without them. Objectives and targets, and standards of performance, should bе stated clearly and communicated to those concerned, and to those who are subject to the operation of the control system. The generally accepted stages of the planning process are: 1. Definition of goals 2. Identification of constraints and premises 3. Development of alternative plans 4. Selection of the best plan. These steps are followed by implementation and control to make sure the goal is achieved. A widely used technique which has had a major impact on how organizations are managed is management by objectives (MBO). In Management by

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