Managers must have flexibility to change plans since the future is so uncertain. If the statement is correct; what is the point of preparing plans that will be revised after all?
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Q: How do we convert our plans into actions?
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Q: What argument against formal planning indicates that confidence in a plan is dangerous?
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Q: How do our results compare with our plans, and do deviations require new plans?
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Managers must have flexibility to change plans since the future is so uncertain. If the statement is correct; what is the point of preparing plans that will be revised after all?
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- What did you learn about some of the real benefits and limitations of planning by watching this video?What is the hardest part of writing good plans? Explain.Dwight D. Eisenhower once said,” I have always found that plans are useless, but planning is indispensable.” Do you agree or disagree with this quote?
- What argument against formal planning indicates that confidence in a plan is dangerous?Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. As a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?Although ‘planning’ seems to take a lot of efforts, why is it so important for managers to plan? Why do MBO programs sometimes fail?
- What role does flexibility play in long-term planning, and how can plans be adjusted when circumstances change?FedEx noted that inclement weather and last-minute online sales surges impacted the company’s ability to deliver packages by Christmas. How could planning help overcome unexpected challenges such as these in the future?1. What is Planning? 2. Why planning is important? 3. What are the stages of planning? 4. When is the right time to plan? 5. How can you determine a good plan?
- Mangement Planning is the art of shaping the future by making thoughtful decisions in the present. It is the process of charting a course, setting milestones, and aligning actions with objectives. A well- crafted plan not only provides a roadmap but also empowers individuals and organizations to make informed choices. It involves a delicate balance between vision and pragmatism, considering both the broader perspective and the minutiae of execution, From project management to personal development, the act of planning helps create a sense of purpose and direction. As we delve into the intricacies of planning, it prompts us to ponder: How can we strike the right balance between flexibility and structure in our plans, ensuring adaptability while maintaining a clear trajectory towards our goals?Will planning become more or less important to managers in the future? Why?Where do you want to be in five years? Do you have specific five years goal? Establish three goals that you want to achieve in five years. Make sure these goals are specific, challenging & measurable. (It can be personal, academic or professional goal)What type of planning will you do to achieve those goals?What role do you think goals would play in planning for this training event? List some goals you think might be important. (Make sure these goals have the characteristics of well-written goals)