Planning forces an organisation to be proactive it forces management to consider possible changes that may – occur and then prepare timeously for these changes Labour legislation forces SA organisations to plan their workforce according to the relevant laws Planning ensures that managers and workers focus their efforts on the attainment of the same goals plans are essential when monitoring the progress of an organisation actual results can be measured – against clearly stated goals Increasing complexity of organisations makes planning essential of Organisational Plan p134 The types of plans made by top, middle, and lower management differ in many respects: Top management: strategic plans for the entire organisation – Middle management: tactical plans for specific functional areas e.g. finance or marketing department Lower management: operational plans for their smaller sections Learn Figure 5.2: The types of organisational plan p135 Strategic p134: Strategic plans are plans designed to ensure that the organisation as a whole is aligned with the changing external environment. Planning at this strategic level includes p134: Creating a vision of the future for the entire organisation Translating the vision into a realistic mission statement Translating the mission statement into measurable long-term Choose a strategy/strategies to attain the above The strategic plan reflects the following characteristics p134: Strategic plans have an extended time frame, usually more than 5 years Focus on the entire organisation not just certain departments – Look at reconciling the organisation’s resources with threats and opportunities in the external environment on creating and maintaining a competitive advantage for the organisation These plans also take synergy into consideration The Balanced Scorecard (BSC) is a tool that can be used at strategic, tactical and operational level to ensure that all divisions and individuals focus on the same key performance areas. 5.3.2 Tactical Plans p135: Tactical plans deal mainly with people and action to implement the strategic plans. Synergy is important in tactical planning p136.
Planning forces an organisation to be proactive – it forces management to consider possible changes that may occur and then prepare timeously for these changes Labour legislation forces SA organisations to plan their workforce according to the relevant laws Planning ensures that managers and workers focus their efforts on the attainment of the same goals plans are essential when monitoring the progress of an organisation – actual results can be measured against clearly stated goals Increasing complexity of organisations makes planning essential of Organisational Plan p134 The types of plans made by top, middle, and lower management differ in many respects: Top management: strategic plans – for the entire organisation Middle management: tactical plans for specific functional areas e.g. finance or marketing department Lower management: operational plans for their smaller sections Learn Figure 5.2: The types of organisational plan p135 Strategic p134: Strategic plans are plans designed to ensure that the organisation as a whole is aligned with the changing external environment. Planning at this strategic level includes p134: Creating a vision of the future for the entire organisation Translating the vision into a realistic mission statement Translating the mission statement into measurable long-term Choose a strategy/strategies to attain the above The strategic plan reflects the following characteristics p134: Strategic plans have an extended time frame, usually more than 5 years Focus on the entire organisation – not just certain departments Look at reconciling the organisation’s resources with threats and opportunities in the external environment on creating and maintaining a competitive advantage for the organisation These plans also take synergy into consideration The Balanced Scorecard (BSC) is a tool that can be used at strategic, tactical and operational level to ensure that all divisions and individuals focus on the same key performance areas. 5.3.2 Tactical Plans p135: Tactical plans deal mainly with people and action to implement the strategic plans. Synergy is important in tactical planning p136.
MNG2601-study_notes_2012_final.docx