Plan For Success

2488 Words5 Pages

Planning is the process in which an organization envisions its mission and develops the necessary steps to achieve that mission. Of the four management functions, planning, organizing, leading, and controlling, planning is the most important. Planning can be short term or long term. Managers use short-term plans on a daily basis because they are easier to achieve than long-term plans. Companies use long-term plans when plan for long-range vision (Pfeiffer 12-18)

In both methods of planning, short term and long term it is necessary to achieve top-notch results. Like in any other process, there are both benefits and pitfalls to planning. Good planning provides a clear focus for the company, raises effort, increases persistence, and develops task strategies. In the first benefit of planning, important members focus on what is important in order to achieve the planned outcome. The second benefit of planning increases effort in the execution process. A plan-oriented company gives a greater energy in a specific project situation than a company that is not plan oriented. Adding to this advantage, the effort helps reduce time waste and maximizes productivity. The third benefit of planning is persistence. Persistence is important in achieving a goal and becoming successful; persistence is the willingness to continue a task regardless of changes in a plan. In the fourth benefit of planning, planners are encouraged to contribute with their ideas and participate in the goal process at any time. Despite the benefits of planning, the process of planning can also have its disadvantages. The main disadvantage of planning is the members’ misconception that planning solves problems. Because of their misconception, planners rely on opinions rather ...

... middle of paper ...

... Model, Type, Disadvantages, Group Decision Making Methods." Reference For Business - Encyclopedia of Small Business, Business Biographies, Business Plans, and Encyclopedia of American Industries. Advameg, 2011. Web. 24 Sept. 2011. .

"Essential Goal Setting Guidelines for Time Management." Personal Time Management and Goal Setting Guide. Time-Management-Guide.com., 2002. Web. 05 Oct. 2011. .

Pfeiffer, J. William. Strategic Planning: Selected Readings. Amsterdam: Pfeiffer, 1991. Print.

"The Stages of Problem Solving." ITS Tutorial School (ITS) Hong Kong - A Level,IB,IGCSE,SAT,HK DSE,IELTS Tutor Tuition Teacher. ITS Tutorial School. Web. 21 Sept. 2011. .

Open Document