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12 Cards in this Set

  • Front
  • Back

Strategic Planning Schematic Diagram

VISION -> MISSION -> OBJECTIVES -> STRATEGIES ->RESULTS

simplest plan

Rule

a statement of what you want to be

VISION

a statement to achieve your vision

MISSION

you can attain it through strategies

Objectives

Key performance indicator

Results

key result area

Results

it is a logical and systematic approach of formulating objectives, programs, policies, procedures, budgets, rules and regulations, and other types of plans

Planning

The Nature of Planning (4 MAJOR FACTORS THAT SUMMARIZE THE ESSENTIAL NATURE OF PLANNING)

1. Contribution to purpose and objectives


2. Planning as the first basic function


3. Planning as fucntions of all managers


4. Planning for efficient organization

IMPORTANCE OF PLANNING

1. To offset uncertainty and change


2. To focus attention to planned targets


3. To gain economical and efficient operation


4. To facilitate control

GUIDELINES FOR GOOD PLANNING

SFCIDT

PLANS SHOULD BE SMART

Simple


Measurable


Attainable


Realistic


Time-bounded