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Management: Planning Objectives

There are basic steps that can help managers in their planning. Allen (2013) describes these steps. First management must set objectives. Create both short and long term targets. During this phase the operating and middle management set their attention to personal, departments and divisions. The objectives are obtained come from the mission statement which describes their mission and values. They also come from other factors, like the standing planning, strategic planning and goals, resources, environmental conditions, ethics, and experience.
The second step would be to analyze and evaluate the environment. During this phase managers analyze where the company is, the environments and what resources that are available. Managers need to consider what other factors may arise that might cause issues. Management needs to evaluate all possible actions and the potential outcome of each action. When doing this it is important to consider the internal and external factors that could affect each action.
The third step would be to identify any alternatives. Make a list with all the different actions that will get the company to their goal. Getting different managers with experience together to brainstorm as many different ways as possible is one way to accomplish this.
The fourth step would be to evaluate those alternatives. Consider the advantages and the disadvantages of each alternative action make a list of these. When the list is done go back to the second step. Going back to the second step will help ensure that each alternative is a viable alternative. There are different things that a manager needs to know along with the financial aspect. Things to know are; What are the time frames and resources needed for each altern...

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.... This helps them decide who they are and what they want to accomplish.
Second step is analyze and assess the internal and external environments. When a manager completes this step they do a situational analysis and discover what the strengths and weaknesses are. They also look for external opportunities and threats. Third step is assess the mission statement and goals because he second step can have two out comes first outcome it affirms the present mission statement is still the goal or it may require the management to define a new mission statement and goals. Fourth goal would be to build the strategies that will get you to those goals. Fifth goal would be to put those strategies into action. to put these into action it requires leadership, structure, people and information. The last step would be monitor, evaluate the results, and make modifications if needed.

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